Is cryptoeconomy just a refinement and acceleration of a capitalist economy or can it create a new understanding of Economy? This article explains how it could be either or, indeed both, by introducing the chapter “Crypto-Political Economy” of our upcoming white paper.
“The technology permits both capitalist and social versions to be designed centrally or in a distributed way. In both cases, there are clear cost and speed advantages of cryptoeconomic platforms because of the absence of need for central clearing houses, and we see large corporations and states adopting the technology for fast, low cost and accurate record keeping.”
Akseli and Dick discussing premises of the upcoming ECSA economic white paper: Economy as a network. Capitalism as a narrow definition of a network. Hayek and his digital disciples. Price, market and the rule of profit as a protocol. How to challenge a capitalist protocol? At the core of the ECSA project: The creation of a post-capitalist economic grammar.
This article discusses the discovering a new distributed value form and value calculus which are different to the capitalist commodity form and calculation of value…
“We have been working on a token which draws on frontier approaches to finance and valuation, accentuating liquid, derivative exposures. Our token issuance will remain in direct proportion to trends in the value of produced output.”
This article offers a detailed comparison of definitions relevant to cryptoeconomics, encompassing the components at play. In revealing that the underlying economics of current blockchain endeavors is remarkably conventional and conservative, this articles evinces pathways and hacks towards radical post-capitalist alternatives.