[P2P-F] The Crisis of Peer Production

[Patrick Anderson]

Mark Janssen wrote:
> This seems backwards.  If the barrier to entry is near zero (I can use the
> commons to sell my produce) ,I can still sell my produce at just as much
> profit as otherwise, perhaps even moreso.

Hi Mark,

When I say 'Profit', I mean the difference between the Price a
consumer pays and the real Costs the owner paid, including any wages.

I guess I'm talking about "Economic Profit"

""
Economic profit does not occur in perfect competition in long run
equilibrium; if it did, there would be an incentive for new firms to
enter the industry, aided by a lack of barriers to entry until there
was no longer any profit.
"" -- http://en.wikipedia.org/wiki/Profit_(economics)

Venture Capitalists will need a new strategy because corporate
'earnings' approach zero as competition between workers is increased.

By 'competition' I mean any worker who qualifies to operate the
Sources (as determined by that exact group of co-owners) can instantly
begin work because every one of us can learn to milk cattle or raise
bees or cook meals and then signup to do so if that is a job we want
to try for a while.