March 2011 - P2P-Foundation - lists.ourproject.org

inflationistas vs deflationistas vs hypgerstagflationistas
by Michel Bauwens 13 Mar '11

13 Mar '11

where do you stand on this debate, this is the deflationary position from steve keen, http://www.chrismartenson.com/blog/straight-talk-steve-keen/47466 my own hunch is that, since the deleveraging and destruction of debt money has been so much greater than the pump-priming, and especially in the context of austerity budgets, deflation, with pockets of food and oil inflation, is the most likely .. 3. What is your rebuttal to the (hyper) inflationists? What data would you need to see to reconsider your position? Does the recent news and market reaction to QE2 affirm or challenge your position? *Steve: *The hyper-inflationists basically argue that government money creation will cause hyper-inflation. In this I think they’re unwittingly relying on the “Money Multiplier” model of money creation: the government prints $10, a depositor puts this in a bank account, the bank hangs onto $1 and lends out the other $9, which is deposited in another bank, and so on. Over time you turn $1 of government money into $10 total, which drives up demand for goods and services and causes inflation. The Central Banks themselves are relying on the same model—especially Bernanke with QE1 and now QE2. So if the model actually worked, both Central Banks and the hyper-inflationists would be right: inflation would result and our current debt-deflationary crisis would become an inflationary one. The only difference is that the Central Banks think they can control and moderate the rate of inflation, and the hyper-inflationists think it will be a runaway process. The trouble is, as I showed in the “Roving Cavaliers of Credit<http://www.debtdeflation.com/blogs/2009/01/31/therovingcavaliersofcredit/>” post, is that this “deposits create loans” model isn’t how credit money is actually created. Instead, as good empirical work by Basil Moore and other Post Keynesians (and even staunch neoclassicals like Kydland and Prescott<http://en.wikipedia.org/wiki/Money_multiplier#CITEREFKydlandPrescott1990>) has confirmed, “loans create deposits<http://en.wikipedia.org/wiki/Endogenous_money>”, and government money creation largely follows credit money creation, rather than the other way around. Ironically, this fallacy gives the hyper-inflationists and the Central Bankers—in particular Bernanke—something in common: they both appear to believe that Central Banks can cause inflation easily, and that the Great Depression was the fault of the US Central Bank. Bernanke goes to great lengths to assert this in his Essays on the Great Depression, and even famously remarked to Milton Friedman and Anna Schwartz at Friedman’s 90thbirthday party<http://www.federalreserve.gov/boarddocs/speeches/2002/20021108/default.htm>that: “Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again” His main evidence was the collapse of M1 under the Fed in the 1930s, which he said turned a mild downturn into the Great Recession, and on Friedman’s data, this did indeed happen. -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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always hilarious: max keiser on RT
by Michel Bauwens 12 Mar '11

12 Mar '11

http://maxkeiser.com/2011/03/10/keiser-report-messy-democracies/ any comments on this program and its political function ? -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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the last chance for copyright
by Michel Bauwens 12 Mar '11

12 Mar '11

http://falkvinge.net/2011/03/11/radical-copyright-monopoly-reform-only-chan… (hi Chris, I'd like to reproduce this editorial in our blog as well, can you post-date it to march 21 ?) -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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a civil society centration within marxism,
by Michel Bauwens 12 Mar '11

12 Mar '11

very interesting attached article about a civil society centration within marxism, see http://p2pfoundation.net/Sociological_Marxism -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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Re: [P2P-F] Collaborative book about the age of P2P
by Michel Bauwens 12 Mar '11

12 Mar '11

Dear Teilo, This is an excellent idea but it would need an editor (probably two), to keep the flow going and make the final editing decisions, we now have a cooperative within the p2p foundation which aims to produce publications, perhaps we can discuss here with the community first, my feeling is, we should go for it, but the project will need a 'driver' to push it forward, Michel On Sat, Mar 12, 2011 at 1:51 PM, Teilo T. London <teilolondon(a)gmail.com>wrote: > Hello! > > There is a big possibility that an economic, political and social crisis is > coming in the future. I think we should inform as much people about the P2P > theory as possible. My idea is to create a systematic and easy to read book > about an alternative to current political, economic and social system. > > When I first visited the homepage of P2P Foundation, it was hard for me to > understand, what it is about. It took about 3 months to get a better > understanding of the P2P transformation. My friends are not so motivated and > intrested of this topic, as I am. It would be great, If we could distribute > a book about P2P, that is easy to understand. > > My idea is to write it collaboratively. There is also a need to formulate > and clarify the timeline, policies, guidelines, and other project-space > infrastructure relating to this project. > *Thoughts about the book: > * > > - Interesting to read for the common people. > - The book is written in english, but the content is international - > translatable into many other languages. > - It should be systematic, easy to understand and unified (glossary > included). > - Facts represented are verifiable and come from reliable resources. > - We could use existing good quality texts (with cc licences) about > P2P. > - A lot of information is represented visually (diagrams) and in tables > for easier understanding. > > What do you think of such a project? Could the wiki of P2P Foundation be > used for it? > > Best wishes, > > Teilo T. London > -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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Re: [P2P-F] P2P Foundation
by Michel Bauwens 12 Mar '11

12 Mar '11

thanks Laura, I will look into your link, Michel On Fri, Mar 11, 2011 at 9:37 PM, Laura Backes <laura.backes12(a)gmail.com>wrote: > Hi Michel, > > > > I've been a fan of your blog for awhile, after stumbling upon it a few > months ago. Thanks for the great content! We recently published an article “ > *5 Differences Between Wideband and Broadband Internet*” that you may be > interested in sharing with your readers. > > > > For your convenience, here's the link: > > *(* > http://www.dslservice-providers.com/blog/blog/2011/5-differences-between-wi… > *) * > > * * > > Thanks for your time and take care! > > Laura Backes > -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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Fwd: [fcf_discussion] Worshop on funding CC projects
by Michel Bauwens 12 Mar '11

12 Mar '11

---------- Forwarded message ---------- From: Fuster, Mayo <Mayo.Fuster(a)eui.eu> Date: Sat, Mar 12, 2011 at 1:02 AM Subject: [fcf_discussion] Worshop on funding CC projects To: "fcforum_discussion(a)list.fcforum.net" < fcforum_discussion(a)list.fcforum.net> Possibly of interest: A workshop in April at the P2P University on how to get a Creative Commons projects funded. "The course consists of a series of workshops and seminars that will take you through the steps from an initial idea to having a finished project proposal for submission, including assistance in identifying and finding funding bodies and collaborations relevant for your project." http://p2pu.org/general/getting-your-cc-project-funded «·´`·.(*·.¸(`·.¸ ¸.·´)¸.·*).·´`·» «·´¨*·¸¸« Mayo Fuster Morell ».¸.·*¨`·» «·´`·.(¸.·´(¸.·* *·.¸)`·.¸).·´`·» Research Digital Commons Governance: http://www.onlinecreation.info Ph.D European University Institute Postdoctoral Researcher. Institute of Govern and Public Policies. Autonomous University of Barcelona. Visiting scholar. Internet Interdisciplinary Institute. Open University of Catalonia (UOC). Visiting researcher (2008). School of information. University of California, Berkeley. Member Research Committee. Wikimedia Foundation http://www.onlinecreation.info E-mail: mayo.fuster(a)eui.eu Skype: mayoneti Phone Spanish State: 0034-648877748 ----- +info http://list.fcforum.net/wws/info/fcforum_discussion ---- -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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Looking for a writer
by Neal Gorenflo 11 Mar '11

11 Mar '11

Dear friends, Shareable Magazine is looking for a writer who can do a feature story on how ordinary life in Egypt is changing during revolution, with a particular focus on how people may be organizing daily life along p2p lines. Would be great to get someone close to events and arabic speaking, but open to other ideas as well. Who would you recommend? Thanks for any help, yours, Neal -- Neal Gorenflo | Publisher, http://Shareable.net <http://shareable.net/> | 415.867.0429

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Fwd: Toppling teetering colleagues into Systems Thinking
by Michel Bauwens 11 Mar '11

11 Mar '11

---------- Forwarded message ---------- From: Michelle Smith <admin(a)triarchypress.com> Date: Thu, Mar 10, 2011 at 10:34 PM Subject: Toppling teetering colleagues into Systems Thinking To: michelsub2004(a)gmail.com Dear Michel, Thanks to Google Analytics we know that a recent visitor from Canada came to our website after searching for *"shystem thinflkling"*. Sadly, Google doesn't tell us what to do with this data. (More ads aimed at people who type whilst eating lunch?) But one trend* *is clear: we see more and more searches for Systems Thinking -- and how to use and apply it in organisations. Of course, there are no rules for Systems Thinking and no one right way of doing it. **<http://www.triarchypress.com/pages/Systems_Thinking_for_Curious_Managers.htm>Because it has no clear rules, it's hard to introduce Systems Thinking into an organisation. When Russ Ackoff taught it, he would distill complex ideas into clear wisdoms that simply toppled his listeners from confusion into understanding. *Systems Thinking for Curious Managers* lists all 123 of Ackoff's *Management f-Laws* (which take the generally accepted, linear-thinking rules of business and turn them on their head). And it starts with my colleague Andrew Carey's stimulating introduction to the principles that underpin Systems Thinking. Bret Simmons said, "*This book is a gem both for those familiar with and those new to systems thinking. It is well worth the two hours it will take you to read it." *(See more reviews to the right...) Read more about <http://www.triarchypress.com/pages/Systemic_Leadership_Toolkit.htm>*"Curious Managers"*<http://www.triarchypress.com/pages/Systems_Thinking_for_Curious_Managers.htm>and save 20% using code: TP20 ========== *If you're more interested in actually applying Systems Thinking at work, *there's no better way than to start with the 9 full-length questionnaires in our *Systemic Leadership Toolkit*. They're designed to get any work team or group of managers to look afresh at their work practices, styles, hierarchies, performance measures and more. The *Systemic Leadership Toolkit* gives you a Systems Thinking framework for assessing the way your organisation views and manages issues like: - *Power*: who has it and why? How do they use it and how well? - *Gaps*: what are the gaps between what managers say and do? Where is training and development simply wasted? - *The ‘system’*: how do culture, values, authority, empowerment and motivation contribute when things go wrong? - *Knowledge*: how well is it shared and managed in practice? - *Intangibles*: like innovation, openness and adaptability - *Decline*: how do you manage products, services, skills, processes and markets as they mature and begin to fall away? - *The shadow* – how well are the non-rational aspects of working life managed (ambition, jealousy, rivalries, bullying, trust)? Read more about the Toolkit and save 20% using code: TP20<http://www.triarchypress.com/pages/Systemic_Leadership_Toolkit.htm> ------------------------------- *About Triarchy Press* Triarchy Press <http://www.triarchypress.co.uk/pages/triarchy.htm> is an independent publisher of books and pamphlets, focusing on organisations, how they work and the way we work in them. admin(a)triarchypress.com ~ www.triarchypress.com *Reviews of: * *Systems Thinking for Curious Managers* *"*A wonderful exposition of the art of systems thinking... brilliant bites of understanding that all managers should be familiar with. Well worth the price and the time to read this slim volume.*"* === "...capable of being opened at any page and giving something to the reader. Leaders will recognise f-Laws as a lever to change their organisation... Systems thinking often requires fundamental organisational cultural change. This book may be the start of such a journey for many. === "...an exceptional overview of the basics of general systems as they relate to business and organizations... hit[s] all the basics with succinct treatments of systems principles." *Save 20% using code TP20*<http://www.triarchypress.com/pages/Systems_Thinking_for_Curious_Managers.htm> ========== <http://www.triarchypress.com/pages/Systemic_Leadership_Toolkit.htm> With scoreable questionnaires, checklists, case studies and briefings on each topic, this is a senior manager’s dream. It's the ideal way to get an ‘objective’ measure of the way your organisation is led, managed and run – use it to identify problem areas, agree solutions and implement them. *Save 20% using code TP20<http://www.triarchypress.com/pages/Systemic_Leadership_Toolkit.htm> * This message was sent to michelsub2004(a)gmail.com from: Triarchy Press | Station Offices | Axminster, Devon EX13 5PF, United Kingdom Email Marketing by [image: iContact - Try It Free!]<http://www.icontact.com/a.pl/144186> Manage Your Subscription <http://app.icontact.com/icp/mmail-mprofile.pl?r=11844980&l=8220&s=CH3A&m=55…> -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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tipping point: buying euros instead of dollars in times of crisis
by Michel Bauwens 11 Mar '11

11 Mar '11

http://online.wsj.com/article/SB10001424052748704615504576172700977248380.h… -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens

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