Do we need p2p to help markets deal with complexity, or does p2p get us beyond markets?

John Robb launched the following debate: “Modern economic systems were first organized by bureaucracy and scientific management. The limits of the complexity it could organize was limited, as we saw with the USSR/China. Next, we’ve seen market/bureaucratic hybrids develop (the US/China model). Those hit the limit recently, as we saw in the latest series of… Continue reading

Book of the Day: The Lost Science of Money

Book: The Lost Science of Money: The Mythology of Money, the Story of Power by Stephen Zarlenga. American Monetary Institute, 2002. Dr. Michael Hudson writes: “The history of money is critical to understanding the greatest problem the third millennium will face. Stephen Zarlenga’s Lost Science of Money book provides the needed background for seeing the… Continue reading

Book of the Day: Local Dollars, Local Sense

* Book: Michael Shuman. Local Dollars, Local Sense. Chelsea Green Publishing, 2012. This book is a valuable addition to the literature about local investing and community empowerment. Introduction by the author Michael Schuman: “Amer­i­cans’ long-term sav­ings in stocks, bonds, pen­sion, life in­sur­ance, and mu­tual funds total about $30 tril­lion. But not even 1 per­cent of… Continue reading

Selected citations on peer property

Original sources are listed here: “The commons breaks with the individualistic vision as conceived by the capitalist tradition, a vision that has progressively transferred the idea of rights to individual people. The commons take inclusion and everyone’s equal right to access as its starting point, while property and the idea of the state that upholds… Continue reading

The Rise of the Sharing Communities

Source: Cat Johnson for Shareable.net As the sharing economy picks up momentum, its reach has become global. In cities and towns around the world, people are creating ways to share everything from baby clothes to boats, hardware to vacation homes. There are also groups emerging that consciously identify with the big-picture sharing movement. These groups… Continue reading