Date archives "October 2008"

Herman Daly on why a Steady-State Economy requires 100% reserve requirements

Herman Daly, pioneer of the concept of the Steady-State Economy, has a very interesting reaction to the current meltdown. It’s a long essay covering all the basics, so I will be excerpting only. After the general presentation of SSE, we look at what this means for the financial system. The third section reproduces his transitional… Continue reading

The future of research networking in Europe: towards a pan-national virtual network of peers

Via Bill St. Arnaud: “A committee made of NRENs, researchers and users has produced a very interesting white paper on the future of research networking in Europe. The paper articulates a vision of a network of NREN and pan-national virtual network peers made up of cross border fiber and other direct interconnections, rather than relying… Continue reading

The higher productivity and innovation potential of cooperatives

Kevin Carson’s fifteenth draft chapter of Organization Theory goes into a detailed comparison of the productivity of cooperatives vs. business enterprises. It shows, how the meta-system is skewed against the cooperative format, despite their higher productivity. We recommend you read sections A to D on this topic: A. Self-Employment: Increased Productive Efficiency B. Cooperatives: Increased… Continue reading

Chris Cook: proposal for a new financial system after the meltdown

Chris Cook wrote this before a trip to Iran, so it is addressed to Iranian policy makers, but the points made have a general validity for the international financial system. Chris Cook: “As I have been saying throughout, both privately and in articles published globally, this (western financial) model never was sustainable. Exponential economic growth… Continue reading

Eric Hunting on post-industrial resource-based economic systems with social credit

From Eric Hunting, you MUST read this: “The post-industrial wave is characterized by information technologies and global networking, flexible automation through machine intelligence, miniaturization and ephemerization of technology, and a return to renewable energy in more advanced forms. It’s dominant meme is demassification (reclamation of freedom, identity, self-expression, time, and quality of life through deconstruction… Continue reading

Seven Solutions In Favour of a Free Culture of Citizens Who Share

This text of demands for a free culture is formulated by the Spanish EXGAE, the same people who are bringing us the Oxcars awards for free culture in Barcelona, which we mentioned yesterday. Exgae is the first legal advice service specialised in the liberation of all citizens and creators from the abuses of societies of… Continue reading

Does P2P require institutionalization?

Before turning to the related insights of Kevin Carson, I would like to recall what I wrote about the topic in my book manuscript, back in 2005: “A second important aspect is de-institutionalization. In premodernity, knowledge is transmitted through tradition, through initiation by experienced masters to those who are validated to participate in the chain… Continue reading

Nabuur communities, development through online communities

Online communities come in many forms. The most common are where people share an interest and produce something together, of course Linux and Wikipedia are examples that are named first. One of the main characteristics of these communities is that organization is decentralized. Another is that millions of people are contributing, the internet makes that… Continue reading