From the notes to the video:

The Zeitgeist Movement Ecuador invited Michel Bauwens to talk about a possible transition towards a Resource-based economic model and the “hacks” he proposes to achieve this (edited to include English audio only).

Michel Bauwens:

In this video I explain how, through the Commons-Based Reciprocity License, one can create an ethical entrepreurial coalition which co-produces commons, and which can, through the adoption of open book accounting and shared open logistics, move the ‘stigmergic’ mutual coordination which already exists for the production of immaterial goods (knowledge, code, design), to physical production itself.

This is a quote from our latest book, ‘Network Society and Four Scenarios for the Collaborative Economy‘, which touches on that issue:

“Through the ethical economy surrounding the Commons, by contrast, it becomes possible to create non-commodified production and exchange. We thus envision a resource-based economy which would utilize stigmergic mutual coordination through the gradual application of open book accounting and open supply chain. We believe that there will be no qualitative phase transition merely through emergence, but that it will require the reconstitution of powerful political and social movements which aim to become a democratic polis. And that democratic polis could indeed, through democratic decisions, accelerate the transition. It could take measures that obligate private economic forces to include externalities, thereby ending infinite capital accumulation.”