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Can you elaborate a bit on why you think this process would be more effective at building the Open source economy than the existing intent of the metacurrency project? A similar idea is already at work at btw is where the architecture for open, p2p decentralized currencies are being developed. A business currency could easily be one of those.
Yep, stagflation here we come. No better time than now to remove the growth imperative by developing the infrastructure for user generated value exchange.
Toggle Commented Jun 20, 2010 on The end of growth? at Stumbling and Mumbling
The gov and BP can stop this anytime they want, but they don't because it will cause them to lose their investment. One more case of profit motive at the expense of the people and the environment.
Toggle Commented May 21, 2010 on LEAKING LEGITIMACY at Global Guerrillas
Our existing conception and use of bottled water are more than a little unfitting for this application. If you'd like to replace that with storage water - sure. Bottled water is another thing entirely.
The issues associated with our food production today are both the inputs required as well as the labor involved to maintain it. This is for one simple reason. We're working against nature instead of with it. By working with it, we can reduce labor time and actually increase outputs by scaling vertically (naturally). Some reference: This can be done on both macro and micro scales.
No, I mean create the means ourselves instead of relying on money to create it for us. Nothing to do with finance. For example, in my post I reference urban agriculture for city dwellers and permaculture for rurals.
Maurice Strong's rationale however amoral, is not wrong. I'm not going to bore you with statistics because I think we both know that the west cannot keep on chugging the way it has for the last 100 years. Seeing this as an opportunity allows us to start developing alternatives which provide greater resiliency to our communities, diversified livelihoods and likely more healthy local and family social structures. The point of my post is to illuminate this fact so that we can begin down that path instead of lamenting about how the other political side or the ruling class is somehow responsible for it. We are all responsible. And we need to make the most of it. So, why don't we do that?
Not sure what you mean. If you've saved, then you should be OK. That being said, my post was directed at my generation and younger, which I should have clarified. We're going to be forced to diversify wealth strategies to get a retirement. Simply expecting to save like your generation did, will not be enough. So no, in that way I wouldn't say we are "lucky". We are bearing the considerable brunt of dwindling oil and competitive middle classes emerging across the globe in the age in which anything can be outsourced. The point of my post was to look at this problem optimistically, instead of pessimistically.
This is actually a good thing. I wrote a short response on my blog about exactly why that is:
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Apr 28, 2010