Larry Chang: Values-Based Planetary Economy

digital units trimmed

Click on Image to Enlarge

New Planetary Economy
A new, rational, self-regulating economic system is necessary to meet present and projected global realities. The current model creates artificial scarcity by strictly controlling the issue of currency, converting it into a tradable commodity itself. Money is further hoarded and manipulated in such a way as to create debt, inequity and poverty.
The silver lining to the current economic crisis is that people will be forced, perhaps for the first time, to examine their unconscious assumptions about this entrenched system and stretch their cognitive range to allow for a different approach.

Below the fold are the executive summary in full text, and a 22 page PDF with graphics.

Continue reading

Michel Bauwens: Transitioning to a Commons-Based Society

Michel Bauwens

Michel Bauwens

Transitioning to a Commons-Based Society

Background on the FLOK Project

Michel Bauwens:

The National Plan of Ecuador recognizes and stresses that the global transformation towards knowledge-based societies and economies requires a new form for the creation and distribution of value in society. The National Plan’s central concept is the achievement of ‘Buen Vivir’ (Sumak Kawsay) or ‘good living’; but good living is impossible without the availability of ‘good knowledge’, i.e. ‘Buen Conocer’ (‘Sumak Yachay’). The third national plan for 2013-2017 explicitly calls for a open-commons based knowledge society[1].

President Correa himself exhorted young people to achieve and fight for this open knowledge society[2].

The FLOK Society is a joint research effort by the Coordinating Ministry of Knowledge and Human Talent, the SENESCYT (Secretaría Nacional de Educación Superior, Ciencia, Tecnología e Innovación) and the IAEN (Instituto de Altos Estudios del Estado) to develop transition and policy proposals to achieve such an open commons-based knowledge society.

FLOK refers to:

Continue reading

Jean Lievens: Bitcoin vs. Litecoin vs. Peercoin vs. Ripple vs. Namecoin

Jean Lievens

Jean Lievens

Bitcoin vs. Litecoin vs. Peercoin vs. Ripple vs. Namecoin

While many are still being turned on to the perks of Bitcoin as a speculative asset, platform, and currency, there are other players in the game. Here is a brief look at how these cryptocurrencies stack up in terms of features. Also, if you’re interested in the rest of the top 10, be sure to check out Quarkcoin vs. Megacoin vs. Protoshares vs. Worldcoin vs. Feathercoin.

Read full article (pros and cons for each of the top five)

Jean Lievens: Stacco Troncoso Shares Helene Finidori on FLOK Society and the Commons

Jean Lievens

Jean Lievens

Helene Finidori on FLOK Society and the Commons

Here’s an excellent summary, written by our good friend Helene Finidori from the Commons Abundance Network, on FLOK Society’s historical significance for the Commons and P2P movements. The article was originally published in STIR magazine and Helene has kindly given us permission to republish it here.


This column was published in STIR’s spring issue and is available to buy here

With the Free Libre Open Knowledge (FLOK) Society project, peer-to-peer commons-based economics have a good chance of being institutionalised in Ecuador, or in other words, of entering at a nation-state level through the front door. This would be a world first.

Click on Image to Enlarge

Click on Image to Enlarge

Ecuador may not be particularly advanced as far as urban P2P dynamics are concerned, but its indigenous and rural communities have a long history of sharing knowledge. And since the election of a progressive government in 2007, the country is politically ahead in its determination to continue developing an economy based on the creativity of its citizens and on the sustainable leverage of its internal resources.

The focus here is to transition away from cognitive capitalism where value is commonly extracted via technology transfers through intellectual property rights mostly held by large foreign companies, generating dependencies on the global north and increasing the internal social divide. The goal is to shift towards a ‘social knowledge economy’ where knowledge is freely accessible, produced and shared through co-operative and open processes, and where the resulting knowledge commons can be built upon to accelerate innovation and the distribution of wealth.

Continue reading