Ray Anderson discusses corporate responsibility and the environment. Extract from The Corporation – 2004. “This is a most moving video with Ray Anderson, CEO of Interface, explaining his realization that his company was plundering and destroying the earth, and committing himself to zero harm by 2020.”
Very informative, thanks Francois.
I have 2 very general comments to make.
If such money is created as a result of ‘artificial scarcities’, then I think that is not necessarily an interesting ‘progressive’ development by itself.
A second aspect is the protocals governing such money. Again, if they simply replicate the scarcity-based paradigm, then they end up just replicating the same social relationships in the virtual sphere.
The only, but important benefit, I see is that it is one way to create an economy for creators of immaterial value.
The above comment has been misplaced here. It belongs to:
http://blog.p2pfoundation.net/virtual-financial-markets-soon-to-be-real/2007/05/22