Comments on: How peer production transcends capitalism: entrepreneurs vs. capitalists, for-benefit vs. for-profit https://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20 Researching, documenting and promoting peer to peer practices Mon, 28 Apr 2008 22:21:48 +0000 hourly 1 https://wordpress.org/?v=5.5.14 By: P2P Foundation » Blog Archive » Does peer production hamper the monetary economy? https://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20/comment-page-1#comment-225443 Mon, 28 Apr 2008 22:21:48 +0000 http://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20#comment-225443 […] an earlier intervention, we pointed out that in peer production, being an entrepreneur is divorced from the need to be a […]

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By: Sam Rose https://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20/comment-page-1#comment-114951 Mon, 24 Sep 2007 14:03:59 +0000 http://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20#comment-114951 Patrick,

Yes, I am sayign above that (some) people see “Profit” as just a tool, a means to an end, as opposed to a “way of life” which is how some people also see “profit”.

The concept of “profit” is not viewed universally in the same way by all people. There is a spectrum of conceptualizations.

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By: Patrick Anderson https://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20/comment-page-1#comment-114225 Sat, 22 Sep 2007 00:17:11 +0000 http://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20#comment-114225 Profit is not a societal ‘need’ in itself, it is a measure of ownership centralization, or in other words, of partial monopoly. As proof of this, in the special case when consumers are the owners of the physical sources of production, the payment of price above cost has no meaning except as investment in yet more sources.

Profit is calculated as the difference between the price a consumer pays and the costs the owners of physical sources paid for that round of production. Wages are a one of those costs, and are paid to workers as compensation for the skill and time applied to goals they may otherwise have no interest in.

Perfectly decentralized production (only achievable for brief periods of time because of the dynamic nature of collectives) would have ownership continuously distributed to the consumers by treating any amount they pay above cost as their own investment so that competition is perfected (though never quite perfect) at a rate that is higher at first when the consumers have little control, and tapering toward zero as each user becomes a partial collective owner.

Wages are a valid cost that will always need to be paid in some form when we are trading labor for the purpose of specialization, but profit can be minimized and nearly eliminated in an indirect fashion when object users become physical source owners according to the amount they are willing to invest as measured by what is traditionally called profit.

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By: Dustin Puryear https://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20/comment-page-1#comment-114099 Fri, 21 Sep 2007 16:28:50 +0000 http://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20#comment-114099 Huh. Very interesting. I have to admit I always have to sit back and consider how it is an open source company can truly make money. We provide consulting services, so that’s an easy win for us, but distros and the like have a much broader expense issue, and just providing pure services doesn’t seem to work all the time for them. But perhaps being profitable isn’t always the point.


Dustin Puryear
Author, Best Practices for Managing Linux and UNIX Servers
http://www.puryear-it.com

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By: Sam Rose https://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20/comment-page-1#comment-114043 Fri, 21 Sep 2007 12:13:59 +0000 http://blog.p2pfoundation.net/how-peer-production-transcends-capitalism-entrepreneurs-vs-capitalists-for-benefit-vs-for-profit/2007/09/20#comment-114043 Agreed, as we discuss at http://socialsynergyweb.net/cgi-bin/wiki/OpenBusinessModel, it is possible to focus an enterprise on more than just profit alone.

Profit, for many people, is a means to an end. I think many poeple, if they had a choice, would not focus their lives on money alone.

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