Author Topic: New Economic Paradigm, Collaborative Commons  (Read 8712 times)

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clout

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what is the marginal cost of spreading information? what is the marginal benefit?

the cost of acquiring information can be paid for with a derivative asset that is correlated to its utility in society. in this way we no longer need patents. innovators do not have to pay the fees associated with patents and the economy does not need to suffer an artificial monopoly, all while still providing incentive to research and innovate.

how is information not more valuable as more people use it? that seems to go against the entire premise of the open source movement. 

im not saying capitalism will end, what i am saying is that when the main mode of production is information based and information is free, does that make us a socialist society as well?

Offline BldSwtTrs

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is it not possible for capitalism to evolve into socialism? if the greatest means of production were information and all information were made free and public, is this a socialist or capitalist society? the reason for property rights stems from the tragedy of the commons. but with information, a non-scarce resource, you have what is known as a comedy of the commons where by information becomes more valuable as more ppl use it.
Information and knowledge will always be costly to acquire. Also the affirmation that an information is more valuable when more people know it is highly counterintuitive and debatable.

Blockchain technologies allow a decentralize control of ownership, they are the empowerment of the individual ownership. I don't see how we can interpret that as the premise of socialism.
Capitalism will end the day where human nature will change, a transhuman shift can end capitalism, nothing less. But even when transhuman technologies will be avalaible I don't think people will choose to abandon the primacy of their individuality.
« Last Edit: April 25, 2014, 02:39:32 am by BldSwtTrs »

clout

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we've touched upon socialism and capitalism in this thread. i have often wondered if socialism and capitalism go hand in hand. at first i believed as many believe that capitalism is socialist progression from feudalism. capitalism, however, has always been the structure of society, even if at points certain individuals or nations perturbed the efficiency of the free markets.

is it not possible for capitalism to evolve into socialism? if the greatest means of production were information and all information were made free and public, is this a socialist or capitalist society? the reason for property rights stems from the tragedy of the commons. but with information, a non-scarce resource, you have what is known as a comedy of the commons where by information becomes more valuable as more ppl use it.

Offline gamey

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There is something there about marginal costs approaching 0.  This is and will continue to have a huge impact on our society, perhaps as much as other issues.  I posted the same huffpost piece the other day in another thread.  (Or one very similar) 

One of the things about Bitshares is that it will make the marginal cost of an IPO/corporation approach 0.  Mayhem !  looooooooool.

I'm glad one of the 2 skills I learned well in life is writing code. 
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Offline jae208

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I decided to post this here as I think this may be of interest to some of you. It certainly was interesting to me.
This resonates with what we are doing with Bitshares.

https://www.youtube.com/watch?v=3xOK2aJ-0Js



The quote below was taken from an article I'll link to below. Each one of us is actively promoting the transition to a post-capitalist social order. DACs do have near zero marginal costs and the cost of starting a new digital bank will be as simple as forking.

"Past historical phase transitions, say the transition from the Roman Empire slave-based system to feudal serfdom, or the transition of feudalism to capitalism, where not exactly smooth affairs, so it may be un-realistic to expect a smooth and unproblematic phase transition towards a post-capitalist social order." 

http://www.huffingtonpost.com/michel-bauwens/beyond-jeremy-rifkin-how-_b_5185948.html

That is what we are doing. And they know about Bitshares.

I agree  :)
I did not know they knew about Bitshares.
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Offline BldSwtTrs

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I think to say that capitalism exist since the 19th is completely clueless. The term capitalist was coined by Marx in the 19th and the idea of a transition from feudalism to capitalism with the Industrial Revolution is also a Marx one. Repeating Marx's storytelling and categories is a serious handicap to say something intelligent about economic reality.

What people call capitalism since Marx is actually the private ownership of wealth (included the means of production), that reality exist since the dawn of Humanity and is not about to change.


Edit: After having watch the video, I read the article now. I found it very bad.
Pervasive marxism :
- "the failling rate of profit"
- "value creators are spoil of their value with capitalism, that can't last!"

And poor understanding of existing economics concepts:
"no more division of labor but distribution of tasks", oh yeah completely different!
" bla bla mutual coordination...  bla bla social collaboration", too bad the author don't hear about free market!

Always funny to see how people make appear revolutionnary and progressive the same old song.
« Last Edit: April 24, 2014, 04:20:56 pm by BldSwtTrs »

Offline luckybit

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I decided to post this here as I think this may be of interest to some of you. It certainly was interesting to me.
This resonates with what we are doing with Bitshares.

https://www.youtube.com/watch?v=3xOK2aJ-0Js



The quote below was taken from an article I'll link to below. Each one of us is actively promoting the transition to a post-capitalist social order. DACs do have near zero marginal costs and the cost of starting a new digital bank will be as simple as forking.

"Past historical phase transitions, say the transition from the Roman Empire slave-based system to feudal serfdom, or the transition of feudalism to capitalism, where not exactly smooth affairs, so it may be un-realistic to expect a smooth and unproblematic phase transition towards a post-capitalist social order." 

http://www.huffingtonpost.com/michel-bauwens/beyond-jeremy-rifkin-how-_b_5185948.html

That is what we are doing. And they know about Bitshares.

https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline jae208

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I decided to post this here as I think this may be of interest to some of you. It certainly was interesting to me.
This resonates with what we are doing with Bitshares.

https://www.youtube.com/watch?v=3xOK2aJ-0Js



The quote below was taken from an article I'll link to below. Each one of us is actively promoting the transition to a post-capitalist social order. DACs do have near zero marginal costs and the cost of starting a new digital bank will be as simple as forking.

"Past historical phase transitions, say the transition from the Roman Empire slave-based system to feudal serfdom, or the transition of feudalism to capitalism, where not exactly smooth affairs, so it may be un-realistic to expect a smooth and unproblematic phase transition towards a post-capitalist social order." 

http://www.huffingtonpost.com/michel-bauwens/beyond-jeremy-rifkin-how-_b_5185948.html
http://bitsharestutorials.com A work in progress
Subscribe to the Youtube Channel
https://www.youtube.com/user/BitsharesTutorials