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"This prospective report introduces the pooling of commitments, as a mechanism for curating and fairly exchanging resources within communities. This approach hinges on the idea that commitments can be effectively pooled to create a more equitable and collaborative economic system, and echoes traditional mutual service practices. To operationalize this concept, the paper presents a protocol ...
1 Scaffolding (supporting from the bottom up) a failing USD (or other National Currencies used as units of account ). Consider a scenario where the local currency is fluctuating: by creating a commitment pool with assets denominated in both national currency, communities can retain purchasing power and ensure continued access to essential goods, thus scaffolding the national economy.
Ven. San Pisith. San Pisith is a Buddhist Monk and an Early Stage Researcher at Ragnar Nurkse Department of Innovation and Governance. He has joined the Cosmolocalism project since September 2019 to pursue a Ph.D. at TalTech, Estonia. His Ph.D. thesis focuses on Buddhist Economics, Buddhist Governance, Commons, and Happiness and Public Purpose.
2024年4月26日 · Description. "Samantha Power is the founder of Finance for Gaia and Stuart Cowan is the Executive Director of Buckminster Fuller Institute. In conversation with Matthew Monahan." Categories: Peerfunding. Bioregional.
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1. Blair Fix: "Speaking of Jonathan Nitzan and Shimshon Bichler, their work will be an important part of this blog. One hot summer with no air conditioning, I read their seminal book Capital as Power. I’m not exaggerating when I say that this book changed my life. It made me realize that most concepts in mainstream economics are built on a foundati...
Orsan Senalp: "Jonathan Nitzan, Shimshon Bichler's concept of 'Capital as Power' (A Study of Order and Creorder) is in accordance with Alexander Bogdanov's ideas which allows an alaternative conception of 'social class' which is determined by insetead of the position of its memebers with regard to the forces of production (ownership or non-ownershi...
A new definition of capital
By Shimshon Bichler and Jonathan Nitzan: "We start with capital. Contemporary students of capitalism, hamstrung by nineteenth-century biases, continue to think of accumulation in the ‘material’ terms of labor, production and consumption. In our opinion, this emphasis has become insufficient and misleading. Over the past century, capital has grown increasingly politicized in nature and financial in form. ‘Free competition’ and the formal separation of ‘state’ and ‘capital’ — where they existed...
The new characteristics of capital accumulation
By Shimshon Bichler and Jonathan Nitzan: We need "an alternative conceptualization of capital, understood not as a material entity but as a power institution. What gets accumulated, we argue, is neither ‘utility’ nor ‘dead labor,’ but financial claims on expected future earnings. These expected earnings, in turn,represent neither the ‘marginal productivity’ of capital nor ‘surplus value,’ butthe way capitalists view the future structure of power in society. A power understanding of accumulati...
Dominant Capital and the New Wars. By Shimshon Bichler and Jonathan Nitzan. Journal of World-Systems Research, 10(2), 255-327, 2004. doi
"The Commons Economy Roadmap (CER) is a knowledge base and promotion protocol to highlight and empower what we consider to be among the most relevant 20 projects in the current economic juncture: companies and ecosystems that are building open infrastructures to regenerate society, to support the struggle of citizens, farmers, activists, scientists, tech experts and entrepreneurs on the ground ...
" pooling represents the aggregation of resources, intentions, commitments or efforts for collective use or benefit. In traditional Kenyan communities, this is vividly alive in communal land stewardship and shared agricultural practices — a living testament to collective strength.
