The CREDIT COMMONS is a proposed accounting system to allow users of any local currency to exchange with any other.
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Peer2Politics
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on peer-to-peer dynamics in politics, the economy and organizations
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jean lievens
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"Ethos operates entrepreneurially for all partners. With few exceptions (such as an urgent need, fixed job description, or partner playing a key role in the admin team), partners are expected to be responsible for their own value exchange and their own financial plans and needs. Cash returns typically involve a progression through the various levels outlined below. As Ethos grows and matures it is our intention to be able to secure more regular, guaranteed and stable cash exchanges with an increasing number of partners. However the philosophy of this progression we hope will hold. It is important to note that our ability to pay partners monthly cash guarantees, dividends and bonuses is worked out at the Ethos level not on a project by project basis. Therefore your cash income cannot be calculated by looking at project incomes although there is inevitably some correlation (e.g. you move up a level when the value you have accrued generates revenue).
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Socialism is Dead! Long Live Social Accounting! This paper proposes a social accounting framework as a countervailing power to the bookkeeping mentality that enforces capital's domination over the ... by Sandwichman in Types > Business/Law > Taxes & Accounting, socialism, and capitalism
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"by estimating in monetary terms the financial risk from unpriced natural capital inputs to production, across business sectors at a regional level. By using an environmentally extended input-output model (EEIO), it also estimates, at a high level, how these may flow through global supply chains to producers of consumer goods. It demonstrates that some business activities do not generate sufficient profit to cover their natural resource use and pollution costs. However, businesses and investors can take account of natural capital costs in decision making to manage risk and gain competitive advantage." (http://www.naturalcapitalcoalition.org/js/plugins/filemanager/files/TEEB_Final_Report_v5.pdf)
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The talks were originally held in Dubzland studios, north inner city Dublin, in late 2012, and were organised by the Provisional University, a group of researchers and social activists. [www.provisionaluniversity.wordpress.com]
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"This project started in 2012 as a collaboration between SENSORICA and Mikorizal Software.
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= "links an individual’s work to a networked governance regime that connects the value exchanged by each individual to an off-balance-sheet record (a debt / sweat equity or ‘pay it forward’ labour / timebanking), a percentage of shareholding based on value and the ability to share dividends". [1]
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= a simple tool for initiatives, collectives and NGOs to declare the core principles they are committed to. It is a project of theComunes organization.
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Now, if you are wondering why I spent so much time on the prior points of post-scarcity and those two core problems inherent to market capitalism: Social Imbalance and Environmental Imbalance – its because you cannot understand the logic of the economic factors involved in this model, without those prior awarenesses. A Natural Law Resource Based Economy is not just a progressive outgrowth of our increased capacity to be productive as a species, as though we would just gradually evolve out of the market system, step by step, into this approach...
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"The value equation is the third module of a value accounting system: contributions log evaluation of contributions value equation It "dictates" how revenue is distributed to all participants (active affiliates) in a collaborative value creation process. In other words, it is used to compute a % of total revenue for every participant/contributor, taking into consideration all different forms of contributions and different modulators, and perhaps taking into consideration different cultures of constituent communities formed by participants.
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New metrics, evaluation and accounting methods appropriate for a collaborative, peer to peer economy.
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A discussion of scalable peer economics, from the standpoint of a practiced innovator. Tiberius Brastaviceanu (Tibi) is co-founder of sensorica.co Open Value Network. He is based in Montreal, Canada.
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"Economists typically talk about “transaction costs” but I’m deliberately using the term “coordination costs”. Transactions (a la Coase) typically involve money, and certainly require at least contractual obligations. Coordination by contrast only depends on voluntary cooperation. Transaction costs will always be higher than coordination costs, because transactions require the ability to enforce the terms of the transaction. This imposes additional costs — often enormously larger costs.
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"A mathematical formula to evaluate social complexity in sustainable terms Author: Andreu Ginestet In September 2012, Andreu Ginestet published his book PAX, under the pseudonym Andrés Ginestet. This book contains notions on how to approach global complexity governance in a peer-to-peer perspective and in popular terms. The mathematical formula as presented is a one more piece of information com-plementing the book PAX. The same formula is being used to create policies for politics."
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"Exvestment (Kleiner) is one element of the identity transvestment (Kleiner & Gottlieb) which elaborates how to channel value out of capitalist circulation into alternative communal organizations and keep the bulk of it circulating there. One legal instrument which has been created to generate more exvestment is the Peer Production License.
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= Network Resource Planning [NRP] is Enterprise Resource Planning [ERP] rethought completely for P2P Open Value Networks.
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= an open framework able to take into account the economic, environmental, social, cultural, technical and political dimensions in an integrated analysis, accounting for different flows such as monetary, energy, waste or water.
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"Ethereum is a next-generation distributed cryptographic ledger that is designed to allow users to encode advanced transaction types, smart contracts and decentralized applications into the blockchain. Ethereum will support custom currencies or "colored coins", financial derivatives, and much more, but unlike many previous networks that attempted to accomplish the same thing Ethereum does not attempt to constrain users into using specific "features"; instead, the ledger includes a built-in Turing-complete programming language that can be used to construct any kind of contract that can be mathematically defined."
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"We need to make the distinction between co-creation of value and value exchange. These are two important processes but very distinct ones. Sensoricans [members of Sensorica ] are working hard to solve the value accounting problem, which is meant to support large scale co-creation of value. The value accounting is a way to capture individual contributions that blend into a unique product, toevaluate these contributions, and to compute equity in the end product, i.e. a % for every contributor.
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"An open-value network is a network of open-enterprises that can provide all functions of a corporation in an open-collaboration fashion. Recently, we have seen a rise in open-collaboration in the functions of marketing, communication, value creation, and so forth. Yet, there has never been an open collaboration model that can provide all the functions of a corporation. The structure of open-value network framework provided in this paper outlines a model that could create a true open-collaboration enterprise that would follow the principles of open source.
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"We need to make the distinction between co-creation of value and value exchange. These are two important processes but very distinct ones. Sensoricans are working hard to solve the value accounting problem, which is meant to support large scale co-creation of value. The value accounting is a way to capture individual contributions that blend into a unique product, to evaluate these contributions, and to compute equity in the end product, a % for every member.
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