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:

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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)

Rickard Falkvinge: BitCoin Bank “Loses” One Billion Dollars — Complete Knowledge Lacking

Rickard Falkvinge

Rickard Falkvinge

Gox Goes Belly-up After Losing A Billion Dollars Without Noticing; Blames Fault In Corporate Bookkeeping Protocols

Cryptocurrency:  So it’s more or less official: MtGox, once the world’s largest bitcoin exchange, has died and taken all its holdings with it to the grave. This follows a long string of evasive statements, silence, and strange behavior from the exchange, particularly including bad customer service. The net is full of horror stories of people having lost their money, and claims of a “hack against the vault” are not credible in the slightest – here’s why.

Read full article.

Jean Lievens: Can the Internet Democratize Capitalism?

Jean Lievens

Jean Lievens

Can the Internet Democratize Capitalism?

Yanis Varoufakis

International Policy Digest,

Technological fixes to time-honoured problems are all the rage these days.

Bitcoin is meant to fix money, social media are seen as an antidote to Rupert Murdoch and assorted tyrants, networked robots are to help countries like Japan deal with demographic declines etc. Perhaps the largest claim is that the Internet has helped (or is about to help) democratize capitalism. Ten years ago that claim struck me as both fascinating and dubious. So, I sat down and wrote an article about it (circa 2004). Its gist: The Internet is a wonderful leveller.

But democracy requires a great deal more than mere ‘levelling.’ Primarily, it requires political institutions that enable the economically weak to have a decisive say on policy against the interests of the rich and powerful. Ten years later, I am re-visiting this question, under the shadow of a global crisis that made it even harder to convert an e’Demos into genuine e’Democracy. What follows is an updated version of the original paper.

The Internet’s toughest assignment: To put Demos back into Democracy

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