April 26, 2022
Post-Capitalist Economic Expression
Akseli Virtanen explaining why it has been so exciting for him to be part of the Economic Space Agency project, relentlessly exploring what happens to money, market, price, unit of account, store of value, collateral, issuance, credit, investing, clearing, liquidity, the dealer function… when we start to understand them just as shared messaging and networking protocols. What becomes possible then? What becomes possible if we can actually turn these interaction agreements into a design space? If the economy and its key conventions move onto a programmable medium? If we can think of economy as a language or a medium of expression that allows its participants to set the terms of their finance, of economic interaction and valuations?
October 2019
Towards Post-Capitalism
This article discusses a crucial tool that we work with: the notion of a grammar pervading the protocols of Economy.
As all our efforts go into the creation of a language for new forms of economic expression, it should be noted that although ECSA’s grammar is capable of expressing capitalist network protocols, it effectively surpasses them. It can encompass capitalist value calculus, but express more qualified values. The grammar we propose refuse their collapse into the monological value-expression that disqualifies non-money values as economic externalities.