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Steve Bosserman

The Time Based Economy - Amar SINGH Kaleka - Medium - 1 views

medium.com/...e-great-atonement-f0b089f050de

time-based economy

shared by Steve Bosserman on 26 Jul 17 - No Cached
  • If it works, then why in the world are we not basing our whole economy on the finite construct of “time”? It would nearly be infallible, versus the legacy commodities model, which is full of holes and reject-able logic.A “time based economy” can be used with any nation state, group, or community based economics model. To make it simple, the value at the transaction would be time dollars in the form of a digital debit.
  • In the time based economy, each person enrolled, anywhere in the world would have an online account which is controlled by the debit card (not a citizenship card).
  • The time based economy primarily functions through the education, civics, and knowledge sector.
  • ...2 more annotations...
  • This new education model would then become the basis of the global economy, like the base of a pyramid. During these years, and throughout their education, each child would pay for their own education through “time dollars”.
  • It would become the first global economy which standardizes and binds the economic trade of all market forces, known and unknown, to the only universal equality on this planet: time.
Steve Bosserman

An Economy of Meaning - or Bust | naked capitalism - 0 views

www.nakedcapitalism.com/...conomy-of-meaning-or-bust.html

economy meaningful work hierarchy of needs self-actualization mindfulness

shared by Steve Bosserman on 23 Feb 17 - No Cached
  • A human has only so many minutes in life. Time is the bedrock scarcity. If a person isn’t doing something meaningful in a given moment, he’s doing something less than meaningful. He’s wasting at least some of his potential. By meaningful, I don’t mean productive, in an economic sense. I mean important to the person, to her own wellbeing.
  • In short, “good” economic systems would produce economies of meaning that help us to help one another live meaningful lives—to meet real needs and solve problems that matter.
  • Cities, big and small, are the legs upon which all national systems rest. Already cities and their communities are hubs for innovation. With some further encouragement and support, and the right tools and programs, they could become more resilient and robust, and bigger heroes in the coming great transition.
Steve Bosserman

Time Banking Within the Natural History of Debt « Volatility - 0 views

attempter.wordpress.com/...in-the-natural-history-of-debt

time_banking debt true_economy

shared by Steve Bosserman on 03 Feb 12 - No Cached
  • Steve Bosserman on 03 Feb 12
     
    Time banking is a formal framework for organizing the true economy (everything devalued by the money/debt system, including what's written off as the "informal economy") along the lines of reciprocal gifting of work. It's especially versatile for the exchange of services, but can be used for goods as well with a version of the labor measure of value. Goods can be valued according to the time that goes into manufacturing them.   This framework is enfolded within the concept of co-production, which is a transitional concept between capitalism and full economic democracy. Time banking as a framework and time dollars as a measure are part of this transition to such consciousness of economic community and freedom that we can dispense with formal measurement completely and restore the wholesome primal system of social credit which originally preceded money for tens of thousands of years.
Steve Bosserman

Falling through the gaps: insecure work and the social safety net | openDemocracy - 0 views

www.opendemocracy.net/...ure-work-and-social-safety-net

work value labor market

shared by Steve Bosserman on 15 Aug 17 - No Cached
  • There is scope, in better delivery of work support, to challenge the atomisation and isolation of workers and the loss of social capital and networks of new working models. The precarity of insecure work needs to be addressed, rather than exacerbated, by the systems set up to support people through their working lives. In roles where working hours are flexible or unpredictable, the division between private and public lives can be complex. The interaction between the individual and the state needs to understand that complexity and support people to navigate through their working lives rather than leaving them without a compass or adequate map.
  • Steve Bosserman on 15 Aug 17
     
    Rationale for a time-based economy...
Steve Bosserman

A Call for Time-based Economics - Marijam Did - Medium - 1 views

medium.com/...e-based-economics-faf1e482e11b

time-based economy

shared by Steve Bosserman on 10 Aug 17 - No Cached
  • The only thing that still holds us equal as humans is our available time to spend in this world — money can’t really buy that. There is a day / night cycle, we all need 8 hours of sleep etc, there cannot be a dramatic contrast between how much one person engages with certain products over the next person. Surely then, our economy should be based precisely on that.
  • In this model, statistics of usage would be recorded, money owed for electricity gets calculated in proportion as to what gadgets were used and therefore how much of it goes to the maker. Within certain devices there could be fractional sub-charges for the software used in them that would go straight to the developers and so on.For any individual, this allows them to find the perfect equilibrium in their working vs. leisure/care time as the more they work the less time/capital they have to spend for certain items and the other way around.
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