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Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity

Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity | Value | Scoop.it
"Work and leisure are complementary parts of the same living process and cannot be separated without destroying the joy of work and the blis

Via Ferananda
Kurt Laitner's insight:

phenomenally relevant 

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Ferananda's curator insight, July 7, 12:48 PM

Lovely article about a vision for Economics which has the potentials of human spirit at the center. Its a practice and aspiration. If you think that economics is to complex, scientific and far from you, think twice.  It is the harmony of our society. Its the relationship with matter, wealth and other.  

 

A quote:

 

Buddhist economics must be very different from the economics of modern materialism, since the Buddhist sees the essence of civilization not in a multiplication of wants but in the purification of human character. Character, at the same time, is formed primarily by a man’s work. And work, properly conducted in conditions of human dignity and freedom, blesses those who do it and equally their products.

Eli Levine's curator insight, July 7, 1:31 PM

What good is wealth without happiness? What good is profit without purpose? These are things that the market isn't going to answer. These are problems t that require legislative action and law enforcement to solve. Otherwise greed will just come back to destroy its followers and many innocent civilians in the process. 

 

Think about it. 

Pierre Johnson's curator insight, July 7, 1:44 PM

Une perspective bouddhiste sur l'économie... Une voie de transition ?

Value
Understanding the dimensions of value
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California Passes Bill to Legalize Complementary Currencies

California Passes Bill to Legalize Complementary Currencies | Value | Scoop.it
A community without dollars is not a community without wealth – this basic insight lies at the heart of the community resilience movement.
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Future of the City  — Medium

Future of the City  — Medium | Value | Scoop.it
A City Fit for the Future

The Future City debate has been the driven largely by generations of technocrats, often from within technology…
Kurt Laitner's insight:

I don't feel this has anything to do with the (currently popular meme) city.  This may not even be the appropriate level of governance to consider all of these issues.  However, the issues stand, and the challenge to create institutions that serve the whole rather than the few, remains.   Unfortunately this is only a problem statement.  Solution design must proceed with care lest it empower the few further.

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▶ Michel Bauwens: Four Scenarios for the Collaborative Economy - YouTube

Closing keynote of the OuiShare Fest by Michel Bauwens, founder of the Foundation for P2P Alternatives, who introduces four prospective scenarios for the col...
Kurt Laitner's insight:

Michel Bauwens at Ouishare conference speaking about 4 quadrants of peer 2 peer- nice overview for orientation to p2p, and an excellent summary of the peer production license as 'everybody who contributes to the commons can use the commons' to differentiate it from open source (open input, commons output, no protection of the commons from takers), ie "common source" hence providing preferential treatment to for benefit oriented ethical companies through embracing their own statements of purpose, and charging for profit companies for their use of the commons (and distributing this in a fair and equipotentializing way).  In this way we use organizational forms to enable people to 'make a living' in the for benefit economy, without having to depend on the for profit economy. 

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Selected Citations on P2P Economics

The crisis we are now living through is essentially a value crisis, where . . . exchange value no longer adequately reflects use value, or, to put it in less cryptic terms, there is a general sensation that a lot of the real values that circulate in our economy cannot be adequately represented. – Adam Arvidsson

 


Via jean lievens
Kurt Laitner's insight:

Excellent collection of thoughts

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vccc_wim_rampen_v92-001.jpg (1024x768 pixels)

vccc_wim_rampen_v92-001.jpg (1024x768 pixels) | Value | Scoop.it
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Why you should flee the job market forever

Why you should flee the job market forever | Value | Scoop.it
traditional employment being replaced with relationship based contract work, understanding value flows will be paramount
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Friction is Your Friend: Why Sharing Values isn’t always Valuable » Thrivable

Friction is Your Friend: Why Sharing Values isn’t always Valuable » Thrivable | Value | Scoop.it
Kurt Laitner's insight:

on values vs value - an important and much overlooked topic

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The Technium: Better Than Free

what can you sell in the age of unlimited perfect copies with zero distribution costs? ie: where is the value?
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Rescooped by Kurt Laitner from Augmented Collective Intelligence
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Stigmergy

Stigmergy | Value | Scoop.it
This article is part of a series: ‘Governance and other systems of mass collaboration’. Stigmergy is a mechanism of indirect coordination between agents or actions. The principle is tha...

Via Howard Rheingold
Kurt Laitner's insight:

Hits pretty much all the bells, I will be pointing at this article a lot in the future to save breath.

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David Hain's curator insight, January 3, 2013 12:27 AM

Horrible word, nice concept...

luiy's curator insight, January 3, 2013 3:02 AM
Stigmergy coordinates dumb agents like ants into seemingly intelligent behavior. It can also coordinate intelligent agents like humans. We're just beginning to learn how to design stigmergic collaboration environments. Howard

 

"Stigmergy is a mechanism of indirect coordination between agents or actions. The principle is that the trace left in the environment by an action stimulates the performance of a next action, by the same or a different agent. In that way, subsequent actions tend to reinforce and build on each other, leading to the spontaneous emergence of coherent, apparently systematic activity.


Stigmergy is a form of self-organization. It produces complex, seemingly intelligent structures, without need for any planning, control, or even direct communication between the agents. – Wikipedia"


The future

A new system of governance or collaboration that does not follow a competitive hierarchical model will need to employ stigmergy in most of its action based systems. It is neither reasonable nor desirable for individual thought and action to be subjugated to group consensus in matters which do not affect the group, and it is frankly impossible to accomplish complex tasks if every decision must be presented for approval; that is the biggest weakness of the hierarchical model. The incredible success of so many internet projects are the result of stigmergy, not cooperation, and it is stigmergy that will help us build quickly, efficiently and produce results far better than any of us can foresee at the outset.

Brigitte Roujol's comment, January 23, 2013 12:57 AM
Merci de m'avoir fait découvrir cette notion.
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Welcome to the new reputation economy (Wired UK)

Welcome to the new reputation economy (Wired UK) | Value | Scoop.it
Your every online transaction requires you to establish your trustworthiness.
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You Might Already Be Rich In The Newest Alternative Currency: Social

You Might Already Be Rich In The Newest Alternative Currency: Social | Value | Scoop.it
In 1991, Paul Glover created an alternative paper currency to trade goods and services within the Ithaca, New York, community.
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Home - Emerging Leader Spaces

Home - Emerging Leader Spaces | Value | Scoop.it
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Is it time to change the way we work? | What Would The Internet Do?

Is it time to change the way we work? | What Would The Internet Do? | Value | Scoop.it
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Did the Other Shoe Just Drop? Big Banks Hit with Monster $250 Billion Lawsuit in Housing Crisis

Did the Other Shoe Just Drop? Big Banks Hit with Monster $250 Billion Lawsuit in Housing Crisis | Value | Scoop.it
For years, homeowners have been battling Wall Street in an attempt to recover some portion of their massive losses from the housing Ponzi scheme.
Kurt Laitner's insight:

"The reason for this is that credit is merely one way by which a society manages the distribution of goods and services. . . . A credit collapse . . . doesn’t make the energy, raw materials, and labor vanish into some fiscal equivalent of a black hole; they’re all still there, in whatever quantities they were before the credit collapse, and all that’s needed is some new way to allocate them to the production of goods and services."

 

and 

 

"Better would be to have an alternative system in place and ready to implement before the boom drops."

 

taken together may imply something other than the article's proposed solution of 

 

"On a national level, when the Wall Street credit system fails, the government can turn to the innovative model devised by our colonial forebears and start issuing its own currency and credit—a power now usurped by private banks but written into the US Constitution as belonging to Congress"

 

something more like this:

http://www.resilience.org/stories/2014-07-22/california-passes-bill-to-legalize-complementary-currencies

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Rescooped by Kurt Laitner from 'Next Economy and Wealth'
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Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity

Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity | Value | Scoop.it
"Work and leisure are complementary parts of the same living process and cannot be separated without destroying the joy of work and the blis

Via Ferananda
Kurt Laitner's insight:

phenomenally relevant 

more...
Ferananda's curator insight, July 7, 12:48 PM

Lovely article about a vision for Economics which has the potentials of human spirit at the center. Its a practice and aspiration. If you think that economics is to complex, scientific and far from you, think twice.  It is the harmony of our society. Its the relationship with matter, wealth and other.  

 

A quote:

 

Buddhist economics must be very different from the economics of modern materialism, since the Buddhist sees the essence of civilization not in a multiplication of wants but in the purification of human character. Character, at the same time, is formed primarily by a man’s work. And work, properly conducted in conditions of human dignity and freedom, blesses those who do it and equally their products.

Eli Levine's curator insight, July 7, 1:31 PM

What good is wealth without happiness? What good is profit without purpose? These are things that the market isn't going to answer. These are problems t that require legislative action and law enforcement to solve. Otherwise greed will just come back to destroy its followers and many innocent civilians in the process. 

 

Think about it. 

Pierre Johnson's curator insight, July 7, 1:44 PM

Une perspective bouddhiste sur l'économie... Une voie de transition ?

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Club of Amsterdam blog: The impact of culture on education

Club of Amsterdam blog: The impact of culture on education | Value | Scoop.it
Kurt Laitner's insight:

deep explanatory power beyond education - an examination of dimensions of culture that implies that a flexible value equation is necessary and must consider these higher level dimensions of culture

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Value Co-Creation Canvas

Value Co-Creation Canvas | Value | Scoop.it
Yesterday evening I played around with the business model canvas and came up with my own Value Co-Creation Canvas.. I think it should be self-explanatory in the end, but am sure it isn't yet. So pl...
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Value Is Always Co-Created In Use

Value Is Always Co-Created In Use | Value | Scoop.it
Much of my thinking and writing is inspired by a Service Dominant Logic. Today's post is about one of the key notions from that logic: Value Is Always Co-Created in Use. Do you agree?
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Back from the Ouishare Fest: why Sharing is about Emancipation

Back from the Ouishare Fest: why Sharing is about Emancipation | Value | Scoop.it
A recap with the reflections generated by the Ouishare Fest, the most rewarding work experience in my life. Not for profit, Horizontal and Purpose Driven.
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Rescooped by Kurt Laitner from Nouveaux paradigmes
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Statistics:- Guidelines on measuring subjective well-being - Organisation for Economic Co-operation and Development

Statistics:- Guidelines on measuring subjective well-being - Organisation for Economic Co-operation and Development | Value | Scoop.it

Being able to measure people’s quality of life is fundamental when assessing the progress of societies. There is now widespread acknowledgement that measuring subjective well-being is an essential part of measuring quality of life alongside other social and economic dimensions. As a first step to improving the measures of quality of life, the OECD has produced Guidelines which provide advice on the collection and use of measures of subjective well-being.

 

These Guidelines have been produced as part of the OECD Better Life Initiative, a pioneering project launched in 2011, with the objective to measure society’s progress across eleven domains of well-being, ranging from jobs, health and housing, through to civic engagement and the environment.

 

These Guidelines represent the first attempt to provide international recommendations on collecting, publishing, and analysing subjective well-being data. They provide guidance on collecting information on people's evaluations and experiences of life, as well as on collecting “eudaimonic” measures of psychological well-being.

 

The Guidelines also outline why measures of subjective well-being are relevant for monitoring and policy making, and why national statistical agencies have a critical role to play in enhancing the usefulness of existing measures. They identify the best approaches for measuring, in a reliable and consistent way, the various dimensions of subjective well-being, and provide guidance for reporting on such measures.

 

The Guidelines also include a number of prototype survey modules on subjective well-being that national and international agencies can use in their surveys.


Via Christophe CESETTI
Kurt Laitner's insight:

May shed light on dimensions of Value, Reward and on values in general

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Used Ebooks, the Ridiculous Idea that Could Also Destroy the Publishing Industry

Used Ebooks, the Ridiculous Idea that Could Also Destroy the Publishing Industry | Value | Scoop.it
content is being severed from rights and the rights are being sold, time for publishing, like the riaa to read kevin Kelly's blog post "better than free"
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interview with Raj Patel: the value of nothing

interview with Raj Patel: the value of nothing | Value | Scoop.it
exploring non market valuation
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Quora, DropBox, Others Made $30M in Job Offers To Engineers In First 2 Weeks Of DeveloperAuction - TechCrunch

Quora, DropBox, Others Made $30M in Job Offers To Engineers In First 2 Weeks Of DeveloperAuction - TechCrunch | Value | Scoop.it
transparent markets for skills, an excellent feature
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Money Should Not Be a Commodity, but a Measure of Value

Money Should Not Be a Commodity, but a Measure of Value | Value | Scoop.it
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SmartPlanet

rypple on continuous social performance review - just think what that would look like with value equations underpinning it - and how that would change the corp
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