A new analysis of global inequality reveals that the income gap between people in rich and poor countries is far wider than policymakers are willing to admit, which underscores the need for robust mechanisms to share wealth and power more equitably between nations – not just within them. Few issues highlight the imperative for a… Continue reading
A nice thank you note from our colleagues in the Procomuns team. You can find more content on the event compiled under this tag: From the organisation of the first edition of the “Commons Collaborative Economies” event we want to thank the more than 300 participants for their contribution to sessions, and celebrate the great effort… Continue reading
The bold demands on the cover of Inventing the Future by Nick Srnicek and Alex Williams generated much popular discussion on the Left. Sadly, none of these demands will serve to provide better auspices for the great majority of humanity. These demands are worthy of attention because of the apparent sincerity with which they are… Continue reading
Intro: The Backfeed Protocol with its Proof-of-Value (PoV) algorithm, reputation system and token mechanism, provides a comprehensive social operating system for decentralized organisations and collaborations (DCs). It is inherently designed to cooperatively create value and distribute it in the form of tokens among the different participants, according to their contribution to the overall operation. Since… Continue reading
In a Washington Post article (“What rich countries get wrong about poverty,” March 28), Ana Swanson summarizes an argument by Caroline Freund, senior fellow at the Peterson Institute for International Economics, as follows: “Blaming the super-rich for global poverty would be a mistake.” In fact it might reflect an erroneous “First World mindset.” (Note: I… Continue reading