Just Prices and Equitable Markets
A reprint from P2P News 101:
The context: Remember that peer to peer theory uses the relational model of intersubjective relations of Alan Page Fiske, which says that there are four basic modes of inter-relating: 1) non-reciprocal communal shareholding, what I call peer to peer; 2) authority ranking; 3) equality matching (reciprocity, the gift economy); 4) market pricing. All epochs have had a combination of those, but usually with one dominating and influencing the others. Thus, peer to peer theory believes that, if contemporary capitalism is unsustainable, that it is unlikely to be replaced by a marketless and stateless society, but rather, it will be a commons-based society, within a reformed market and state environment. The four models of relations will co-exist but under the influence of the new dominant model of peer to peer.
I am therefore looking at approaches which concurrently replace the four modes separately (but in a differentiated and integrated manner), but informed by the peer to peer ethos. Natural capitalism is such an approach, developed in the U.S. and which I have presented before.
This is another one, which I have yet to study. Maurice Decaillot has published a series of books on reforming the market into one based on equitable exchange, the latest one which is reviewed by L’Humanite. In the quote we have chosen, Maurice Decaillot shows the point I’m making with exactitude: he envisages a market, informed by `peer to peer intervention’, i.e. the market pricing mode under the dominant influence of the Commons. As a consequence, I consider this discovery as a key advance in my explorations of peer to peer theory.