[P2P-F] self-regulating markets

[Michel Bauwens]

Thomas has written a few books and is in touch with many local credit
commons initiatives ...

he's in cc,

Michel

On Wed, Jun 22, 2011 at 3:38 AM, Apostolis Xekoukoulotakis <
xekoukou at gmail.com> wrote:

> What you say was exactly the idea with which I started working.
>
> Where is more info about it? Has Thomas created such a clearing house?
> Most importantly, has he found an algorithm to create trading circles? has
> he studied the macroeconomy of such a system?
>
> Why do we need to see the global network?
>
> Well, in order to be able to make investments. New investments about a
> specific product can have indirect consequences to the whole network. We may
> then have to compute what percentage of the investment will have to be paid
> by each peer.
>
> We need to know about the global network in order to decide to which
> persons we can store our savings and the ability of those currencies to be
> transfered into goods that we will want in the future.
>
> It is important to think of each peer as a producer, a seller, an investor.
> Investors need information.
>
>
> 2011/6/21 Kevin Carson <free.market.anticapitalist at gmail.com>
>
>> El 21/06/11 04:23, Apostolis Xekoukoulotakis dijo:
>>
>> > What I am about to say needs testing and more thinking but let me tell
>> you
>> > what I have done so far to create an alternative to the free market.
>>
>> We're probably using the term "free market" in a different sense.  The
>> market can refer simply to the cash nexus, or the arena of commodity
>> production for monetized exchange.
>>
>> But it can also be used, by market anarchist like me, to describe the
>> entire spectrum of voluntary transactions and relationships --
>> including cooperatives, gift economies, communal property, informal
>> barter, mutual aid, etc.
>>
>> >>  I have created a new class of currencies that are very similar to the
>> >> very
>> >>  old currencies. What if each person used the creation of his work as
>> >>  currency. When someone owns 5 paul's chairs for example , It is meant
>> >> that
>> >>  Paul will have to give him those 5 chairs in the future if he asks for
>> >> them.
>> >>  This is then some kind of loan. Someone gives something now in
>> exchange
>> >> for
>> >>  something in the future. If he doesnt need the chairs, he might have
>> to
>> >>  exchange Paul's chairs with something else.
>>
>> That sounds a lot like Tom Greco's mutual credit clearing networks,
>> which I'm a big fan of.  Every member runs a balance that looks a lot
>> like the balance in a checking account.  When you sell a good or
>> service to a member your balance goes up, and when you purchase same
>> it goes down.  And the system allows people to run negative balances,
>> so long as the negative balance is limited to some value relative to
>> their average monthly sales and the account continues to be active and
>> turn over.  So "money" is essentially backed by the goods being
>> traded; rather than being a store of value from past production, it is
>> simply a unit of account for denominating trade of present-for-present
>> or present-for-future production.  Nobody has to have a store of money
>> from past production in order to trade, so there's no problem of
>> economic stagnation for want of liquidity ("there's not enough money
>> in circulation").  People create money by trading.
>>
>> --
>> Kevin Carson
>> Center for a Stateless Society http://c4ss.org
>> Mutualist Blog:  Free Market Anti-Capitalism
>> http://mutualist.blogspot.com
>> The Homebrew Industrial Revolution:  A Low-Overhead Manifesto
>> http://homebrewindustrialrevolution.wordpress.com
>> Organization Theory:  A Libertarian Perspective
>> http://mutualist.blogspot.com/2005/12/studies-in-anarchist-theory-of.html
>>
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>>
>
>
>
> --
>
>
> Sincerely yours,
>
>      Apostolis Xekoukoulotakis
>
>
>
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