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Peer2Politics
on peer-to-peer dynamics in the field of politics, economics and institutions
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From jobs to tasks and from the value chain to the Internet — Medium

From jobs to tasks and from the value chain to the Internet — Medium | Peer2Politics | Scoop.it
Mainstream economic theories are derived from the era of the production of tangible goods and high-cost communications. These mind-sets are not only unhelpful, but wrong in a world of information products and ubiquitous, low-cost/high-quality connectivity.
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David Graeber in conversation with Jonathan Conning (better audio) - YouTube

David Graeber is an anthropologist and activist based in New York, and London, where he holds the position of Reader in Social Anthropology at Goldsmiths, University of London. He is the author of six books, including Toward an Anthropological Theory of Value, Lost People: Magic and History in Central Madagascar, Direct Action: An Ethnography, and most recently, Debt: The First Five Thousand Years, alongside popular and political writings that have appeared in venues like Harpers, The Baffler, and The Nation. He is currently working on two books: one on bureaucracy, the other about his involvement in the formation of Occupy Wall Street.

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South/South collaboration for a post-capitalist paradigm - América Latina en Movimiento

In July 2014 a new step was taken towards constructing a multi-polar world, with the meeting in Brazil of the BRICS, the constitution of a new Bank and of a Fund for Development. This was followed by a joint meeting between the BRICS, UNASUR, the Organization of the South American States and CELAC (the Community of Latin America and the Caribbean).  All this happened without the participation of the Triad (USA, Europe and Japan).

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Lisa Gansky and the value capture in the Sharing Economy - OuiShare

Lisa Gansky and the value capture in the Sharing Economy - OuiShare | Peer2Politics | Scoop.it
Lisa Gansky interwied on the value capture in the Collaborative Economy and on living a sharing economy life.
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Lisa Gansky and the value capture in the Sharing Economy - OuiShare

Lisa Gansky and the value capture in the Sharing Economy - OuiShare | Peer2Politics | Scoop.it
Lisa Gansky interwied on the value capture in the Collaborative Economy and on living a sharing economy life.
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Can The Peer Economy Deliver Profits? - OPB News

Can The Peer Economy Deliver Profits? - OPB News | Peer2Politics | Scoop.it

Josh Gibbs normally wouldn’t leave his apartment in Northeast Washington, D.C., pick up a loaded pizza from a restaurant in Chinatown, bike to a complete stranger’s apartment, drop off the pizza and leave without any cash exchanging hands. But last week, he did just that. And truth be told, he kind of loved it.

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Issue #4: Value and currency » Journal of Peer Production // Cura

Peer production has often been described as a ‘third mode of production’, irreducible to State or market imperatives. The creation and organisation of peer projects allegedly take place without ‘managerial commands’ or ‘price signals’, without recourse to bureaucratic apparatuses or the logic of competitive markets. Instead, and mimicking the technical architectures upon which many peer projects are based, production is described as non-hierarchical and decentralised. Group dynamics are also commonly described as ‘flat’ and this is captured, of course, in the very notion of the ‘peer’. When tested against the realities of actual projects, however, such early conceptions of peer production are, at best, in need of further elaboration and qualification. At worst, they were always off the mark. Hierarchies persist in peer production, as does competition and market-like arrangements… html

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Why value co-creation?

Why value co-creation? | Peer2Politics | Scoop.it

In this post I want to elaborate a point I made in the end of my previous “Going beyond ‘producers’ and ‘consumers’” post about the co-created nature of value. Why does service-dominant (S-D) logic talk about value co-creation and not about value creation?

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Internet as Playground and Factory :: Intro

Today we are arguably in the midst of massive transformations in economy, labor, and life related to digital media. The purpose of this conference is to interrogate these dramatic shifts restructuring leisure, consumption, and production since the mid-century. In the 1950s television began to establish commonalities between suburbanites across the United States. Currently, communities that were previously sustained through national newspapers now started to bond over sitcoms. Increasingly people are leaving behind televisions sets in favor of communing with -- and through-- their computers. They blog, comment, procrastinate, refer, network, tease, tag, detag, remix, and upload and from all of this attention and all of their labor, corporations expropriate value. Guests in the virtual world Second Life even co-create the products and experiences, which they then consume. What is the nature of this interactive ‘labor’ and the new forms of digital sociality that it brings into being?  What are we doing to ourselves?  

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Project of the Day: P2P Value

Project of the Day: P2P Value | Peer2Politics | Scoop.it

“Commons-based peer production (CBPP) is a new and increasingly significant model of social innovation based on collaborative production by citizens through the Internet. This project will foster the CBPP phenomenon by providing a techno-social software platform specifically designed to facilitate the creation of resilient and sustainable CBPP communities.

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Trends for 2014: The Year of Value Realization : Sources of Insight

Trends for 2014: The Year of Value Realization : Sources of Insight | Peer2Politics | Scoop.it
The key to Value Realization is to understand what value is, based on users, consumers, and stakeholder analysis, identifying benefits, costs, and risks, and then finding ways to generate value, capture value, realize value, and accelerate value.
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What Do We Mean When We Talk about “Value”? | David Bollier

What Do We Mean When We Talk about “Value”? | David Bollier | Peer2Politics | Scoop.it

Now that free market dogma has become the dominant narrative about value – and yet that narrative is neither credible nor readily displaced -- we are descending deeper and deeper into a legitimacy crisis.  There is no shared moral justification for the power of markets and civil institutions in our lives.  Since the 2008 financial crisis, the idea of “rational markets” has become something of a joke.  There are too many external forces propping up markets – government subsidies, legal privileges, oligopoly power, etc. – to believe the textbook explanations of “free markets.”

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Collaborative Economy Companies Need To Start Sharing More Value With The People Who Make Them Valuable

Collaborative Economy Companies Need To Start Sharing More Value With The People Who Make Them Valuable | Peer2Politics | Scoop.it
It's time for the drivers, hosts, and community members to get a piece of the companies that couldn't exist without them.
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Venture Connectors focuses on 'making money by making things' - Louisville Business First

Venture Connectors focuses on 'making money by making things' - Louisville Business First | Peer2Politics | Scoop.it

The next two months are gearing up to be busy for local entrepreneurs and makers, with the calendar featuring events such as Startup Weekend, the Louisville Mini Maker Faire and IdeaFestival.

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Milton Friedman and the shareholder value myth | People-Centered Economic Development

Milton Friedman and the shareholder value myth | People-Centered Economic Development | Peer2Politics | Scoop.it

“There is one and only one social responsibility of business-to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.”


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▶ The pricing of everything - George Monbiot - YouTube

SPERI, the Sheffield Political Economy Research Institute, bring together leading international researchers, policy-makers, journalists and opinion formers to develop new ways of thinking about the economic and political challenges posed for the whole world by the current combination of financial crisis, shifting economic power and environmental threathttp://speri.dept.shef.ac.uk/

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Finding Equilibrium : Searching for the true value of a Bitcoin — Crypto Currency — Medium

Finding Equilibrium : Searching for the true value of a Bitcoin — Crypto Currency — Medium | Peer2Politics | Scoop.it

tldr: Bitcoin has a number of headwinds which is keeping the price in check. I’m expecting it to stabilize around the $400 mark for at least the next quarter (although predictions in the Bitcoin space are very hard to do past a couple of weeks).


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You Say Bitcoin Has No Intrinsic Value? Twenty-two Reasons to Think Again. - Bitcoin Magazine

You Say Bitcoin Has No Intrinsic Value? Twenty-two Reasons to Think Again. - Bitcoin Magazine | Peer2Politics | Scoop.it

An intrinsic theory of value (also called theory of objective value) is any theory of value in economics which holds that the value of an object, good or service, is intrinsic or contained in the item itself. Most such theories look to the process of producing an item, and the costs involved in that process, as a measure of the item’s intrinsic value.


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Lisa Gansky and the value capture in the Sharing Economy - OuiShare

Lisa Gansky and the value capture in the Sharing Economy - OuiShare | Peer2Politics | Scoop.it
Lisa Gansky interwied on the value capture in the Collaborative Economy and on living a sharing economy life.
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Towards the Democratization of the Means of Monetization: The Three Competing Value Models Present Within Cognitive Capitalism » Journal of Peer Production

Towards the Democratization of the Means of Monetization: The Three Competing Value Models Present Within Cognitive Capitalism » Journal of Peer Production | Peer2Politics | Scoop.it

In the 19th century, the counter-hegemonic forces of labour focused on the democratisation of the state as well as focusing on the redistribution of the surplus value created by labour. Both tasks are by no means obsolete given the evolution towards market state models which have hollowed out popular democracy, as well ans the increased role of debt in human exploitation1. However, what is now needed in addition, for and by 21st century social movements, is the democratisation of the means of monetization. In a contributive economy, use value becomes key, and undermines mechanisms based on labor value alone; value must therefore become pluralistic and diverse, and so must monetary means; while undoubtedly, demonetization will be a good thing in many sectors under a regime of civic domination, we will also need new forms of monetization, and restore the feedback loop between value creation and value capture. As we will argue, the current value regime, which we call ‘cognitive capitalism under the emergence of netarchical capitalism’ (see infra), is unable to redistribute value in a fair way, and is creating not just a crisis of social reproduction for working people, but also a crisis of accumulation of capital. In our article, value and money regimes are placed in the context of the evolution of the overall political economy toward an increasing importance of models based on peer production. We will look at what kind of social system and policy transition, that can solve this crisis of value.


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Trust and Liquidity

Liquidity may not be "the answer," but it can be an important answer in certain contexts. Because "store of value" is such an important feature for a currency, we need trust that the currency will retain its value. As we noted, the primary way of getting at this is via a market. To a certain degree, the larger and more liquid the market, the less we have to trust in the value. However, even with a small but liquid market we have the ability to easily and quickly get in and out.

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Digital currencies and value determination

Digital currencies and value determination | Peer2Politics | Scoop.it

I had given various talks in the past years on Bitcoin and its future. Most of them were scientific in nature as the target audience were financial engineers / banks. For the benefit of a wider audience here is a short (non-scientific) summary of the opportunities and challenges that digital currencies provide.

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The relative theory of value

The relative theory of value | Peer2Politics | Scoop.it

Einstein 's theory of relativity: Through Maxwell equations, define speed of the light as a never changing constant. This caused length and time become variables.  High-speed movement will shorten the length and slow down the time. It is a huge change in the way of thinking

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Economics for the 21st Century

Economics for the 21st Century | Peer2Politics | Scoop.it

Finally, the study of economics must account for the fact that a great deal of value today is actually created without any real commercial activity at all -- no buying or selling, no profits or shareholder value. This is value creation through voluntary cooperation. Wikipedia, open-source software, and crowd service all illustrate the immense value being created by groups of collaborating innovators without increasing any single individual’s wealth.

 
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