If we understand the protocols of Economy being formulated by a set of correlating grammars, how do we re-approproate and transform them towards a post-capitalist version? Regarding the conjunction of Economy and Politics on the agenda, 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 refuses their collapse into the monological value-expression that disqualifies non-money values as economic externalities.
3 oct. 2019
In the course of writing the upcoming white paper Protocols for Cryptoeconomic Networks, we have realized that we are creating a language for new economic expression. It can express capitalist network protocols, but even more, it can go beyond them. It is capable of valuing, for example, the biosphere, care, intangibles and social innovation — without reducing their information into one index of price and one measuring unit of profitability. It is a post-capitalist language (a language for post-capitalist economic expression), in a literal sense.
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.
What is the ECSA vision? Why is capitalism under stress right now? Why are the central banks looking so fragile? Is it possible to get out of capitalism and its detrimental protocols, which are not so safe as it claims? Can capitalism short itself? Find out about the juxtaposition of politics and finance: the ECSA offer as a short position and a long position.
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.”