Comments on: Homebrew Industrial Revolution, Chapter Three: Babylon is Fallen (third installment) https://blog.p2pfoundation.net/homebrew-industrial-revolution-chapter-three-babylon-is-fallen-third-installment/2010/12/17 Researching, documenting and promoting peer to peer practices Mon, 13 Oct 2014 20:19:22 +0000 hourly 1 https://wordpress.org/?v=5.5.14 By: Matthew Cooperrider https://blog.p2pfoundation.net/homebrew-industrial-revolution-chapter-three-babylon-is-fallen-third-installment/2010/12/17/comment-page-1#comment-455778 Sat, 18 Dec 2010 05:16:06 +0000 http://blog.p2pfoundation.net/?p=12447#comment-455778 Great chapter. One correction: the work on stigmergy is by Mark Elliott.

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By: katie https://blog.p2pfoundation.net/homebrew-industrial-revolution-chapter-three-babylon-is-fallen-third-installment/2010/12/17/comment-page-1#comment-455702 Fri, 17 Dec 2010 21:08:05 +0000 http://blog.p2pfoundation.net/?p=12447#comment-455702 quite an intriguing and rich analysis…however, IMHO, it suffers from the same analytic limitation that has ruined economics–a steady state is assumed, both dynamic and material.

now, because humans hunger and thirst, *all* analyses must account on continuing basis for the effects of their projections within the stage/proscenium of physical human needs being met–or not.

and the well written and exciting analysis above, neglects the unavoidable fact that the global locations where humans can live together without a state of internal war for subsistence, are shrinking, and the shrink is accelerating rapidly, e.g., the floods of pakistan, the killer heat waves, etc.

so money, as we now know and use it, as both a store of value, and a transnational and local medium of exchange–as the ultimate arbiter–is coming to its last act on the current stage of human culture.

and since money itself is devaluing vis a vis the value of one’s physical location, then the strategies to acquire more money, or to press the capital structure to give way–these strategies are largely futile.

when the elephant is dying, the ants don’t need to keep biting it.

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