Showing posts with label Michael Bauwens. Show all posts
Showing posts with label Michael Bauwens. Show all posts

Sunday, January 13, 2013

Michel Bauwens — Good taxation is commons taxation, i.e. taxing unearned income from unproductive rents

"In today’s neo-rentier economy the bottom 99% (labor and consumers) owe the 1% (bondholders, stockholders and property owners). Corporate business and government bodies also are indebted to this 1%. The degree of financial polarization has sharply accelerated as the 1% are making their move to indebt the 99% – along with industry, state, local and federal government – to the point where the entire economic surplus is owed as debt service. The aim is to monopolize the economy, above all the money-creating privilege of supplying the credit that the economy needs to grow and transact business, enabling them to extract interest and other fees for this privilege. The top 1% have nearly succeeded in siphoning off the entire surplus for themselves, receiving 93% of U.S. income growth since September 2008." — Michael Hudson, America’s Deceptive 2012 Fiscal Cliff
P2P Foundation
Good taxation is commons taxation, i.e. taxing unearned income from unproductive rents
Michel Bauwens

Michael Bauwens on taxing rent rather than productive contribution.

Sunday, December 9, 2012

Michel Bauwens — 'Occupy' as a business model: The emerging open-source civilisation

The Occupy Wall Street movement is a model for a new economic paradigm, in which value is first created by communities.
'Occupy' as business model
In the title of this editorial, I describe Occupy as a business model and link it to the possibility of a new civilisational model. We can do this by expanding from the already-existing institutional logic of peer production in knowledge, software and hardware, to a vision of the macro-economy.

Today, we assume that value is created by for-profit companies and conceive of civil society as a "remainder" category: it's what we do when we come home, exhausted after our paid work. This is reflected in the language we use to describe civil society, when we call them non-profits or non-governmental.
This system as a whole is managed by a state. But the social democratic welfare state has increasingly become a corporate-welfare state, in which the gains are privatised and the losses socialised. In other words, the state has become an extension of the corporation and is less and less a servant of the citizenry. We can see the progress of this model in how the so-called "troika" (consisting of the European Union, European Central Bank and the IMF) is now imposing slash-and-burn politics in Greece.
Occupy and open-source models illuminate a new possible reality, in which the democratic civic sphere, productive commons and a vibrant market can co-exist for mutual benefit:
• At the core of value creation are various commons, where innovations are open for all to share and to build upon;=
• These commons are protected through non-profit civic associations, which empower that social production;
• Around the commons emerges a vibrant commons-oriented economy comprised of ethical companies, whose legal structures tie them to the values and goals of the commons communities, not to creating private profit.
Where these three circles intersect, citizens decide on the optimal shape of their provisioning systems.
This model can exist as a submodel within capitalism, and to some extent already does so in the present system, as the open-source software business ecology. It could also become, with some necessary hacks, the core logic of a new civilisation.
Occupy has not just shown us prefigurative politics, but prefigurative economics as well.
Al Jazeera
'Occupy' as a business model: The emerging open-source civilisation
Michel Bauwens | P2P (Peer-to-Peer) Foundation

System people are busy transferring knowledge and skills to social organization in a spontaneous way in response to challenges of increasing complexity, as would be expected in an intelligent species exploring options based on needs.


Saturday, December 8, 2012

P2P — Konstantin Kirsch on the Self-Production of the Minuto Alternative Currency (video)

A sufficiency-based monetary system that mobilizes human effort exactly when it is needed and which is not dependent on the prior availability of debt-created scarcity based commodity currencies.
P2P Foundation
Konstantin Kirsch on the Self-Production of the Minuto Alternative Currency (video)
Michel Bauwens

Michel Bauwens — Networked Democracy

“Democracy in network is first and foremost a mindset”, an article republished from @bernardosampa.
Bernardo Gutierrez:
“The political structures must change. But the replacement will emerge as people act and communicate in the present, not talking about the future.” The phrase is from the book Open Source Democracy, from Douglas Rushkoff, published in 2003.
The global crisis has not only confirmed some Rushkoff intuitions or diagnoses on the expires of representative democracy. However, policy alternatives are less clear. Some speak of the mechanisms of direct democracy (popular initiatives, referendums…). Others insist on the path of participatory democracy. Liquid Democracy, based on delegates, not representatives, applied internally by the German Pirate Party, also getting higher. However, there is another concept that is gaining strength among groups, networks and thinkers: networked democracy....
P2P Foundation
Networked Democracy as a Mindset: Brazil’s Rio del Sul shows the way
by Michel Bauwens