Date archives "April 2011"

Why Self-Organized Networks Will Destroy Hierarchies — A Credo by Kevin Carson

As originally posted: Center for a Stateless Society on October 6, 2010. Kevin Carson: “Hierarchies are systematically stupid and inefficient, for the following reasons. 1. Hayekian information problems: The people in authority who make the rules interfere with the people who know how to do the job and are in direct contact with the situation…. Continue reading

Iceland insures better recovery through refusal of financial diktats

Aditya Chakrabortty argues that the Icelandic voters’ refusal to bear the risk of the financial speculators is an example for those countries (like Ireland) where elites are destroying the local economy for the sake of the rescuing bankers: (excerpt) “Remember Iceland? In the autumn of 2008, it became the first national casualty of the financial… Continue reading

The love economy (3): Lisa Gansky on the ecological potential of p2p object sharing

what struck me is the truly radical economic notion enmeshed in the Mesh: The more we share our stuff, the less we need to buy all that new stuff that inevitably leads to ever-rising greenhouse gas emissions, environmental degradation, and the pursuit of unsustainable consumption Excerpted from a report by Todd Woody on a lecture… Continue reading

The love economy (2): The political appropriation of happiness in the UK

Excerpted from a report by Pat Kane, on how various UK forces are trying to use ‘happiness’ politics: (the original article has many links) Pat Kane, reporting from anti-austerity Scotland: “I’m fascinated to observe the battle raging between the major UK parties for ownership of the new sciences of the “social animal” or “social brain”…. Continue reading

How Companies Participate in a Company-led Open Source Project

Excerpted from OSBR April 2011, dedicated to ‘Collectives’: * Article: Control and Diversity in Company-led Open Source Projects, Michael Weiss. OSBR, April 2011 Michael Weiss: “Company-led open source projects differ in significant ways in terms of who controls the project, and the diversity of applications derived from the project. Control refers to decision making, and… Continue reading

Alternative Exchange Systems in Contemporary Greece (review)

Recently, Michel brought to my attention Irene Sotiropoulou’s paper titled “Alternative Exchange Systems in Contemporary Greece” published at IJCCR (freely available). This report distinguishes several grassroots initiatives in parallel currencies, which are not supported by any authority; exchange/barter networks; free bazaars; and free networks that have been emerging in Greece during the last five years…. Continue reading

The love economy (1): Hazel Henderson on compound interest as a violation of the 2nd law of thermodynamics

if systems are too large and interconnected to manage and banks are “too big to fail,” then they need to be carefully dismantled and decentralized to restore diversity and resilience following nature’s design principles. Monetary monocultures now on a global scale have demonstrably failed. Healthy, homegrown, local economies need protection from global bankers and their… Continue reading

Opening up crowdfunding as a mechanism for equity investment

If you remember my earlier “Next Kondratieff wave” hypothesis, which posits that a next wave requires an integrated and wholesale re-orientation of the productive system, then this news fits the bill: The Wall Street Journal reports on upcoming SEC (U.S.) ‘financial-regulatory’ reform: “Federal securities regulators are weighing demands to make it easier for fast-growing companies… Continue reading

Participatory Unionism for Participatory Public Services

A trade unionism that is able to facilitate and express the practical knowledge of its members, as workers and as citizens, is critical to the renewal of public services and for confronting a global politics of austerity. Hilary Wainwright has been at the forefront of such attempts to forge a new public sector unionism for… Continue reading