[P2P-F] new interview, thanks for diffusing in your networks

[Michel Bauwens]

Petar Jandric has done an in-depth conversation with me about the current
work at the P2P Foundation, which is focused mostly on the me of: how can
we produce for human need within planetary boundaries, in the context of
the rapid construction of post-westphalian cyber-physical infrastructure
and autonomous trans-local ecosystems.

https://link.springer.com/article/10.1007/s42438-021-00218-8

Excerpt:

Commoning for Planetary Survival and Regeneration
PJ: You recently published a report ‘P2P Accounting for Planetary Survival:
Towards a P2P Infrastructure for a Socially-Just Circular Society’ (Bauwens
and Pazaitis 2020). What is P2P accounting and how does it differ from
traditional accounting?

MB: In the 1930s, there was this big debate between socialists and liberals
called the ‘Socialist Calculation Debate’. On the one side, were Friedrich
Hayek, Joseph Schumpeter, Ludwig von Mises, and others, who argued that
centralised planning could not work. On the opposite side, were Karl
Polanyi, and others, who claimed that socialist planning could work (and in
ways superior to capitalism). For almost one century it seemed that the
leftists had lost the socialist calculation debate. These days, however,
things are changing.

There are three main levels of resource allocation. (1) We have the state,
which represents planning – either full planning as in Soviet times, or
regulatory planning, as in the capitalist system. (2) We have market
pricing, which regulates the allocation of capital. (3) Finally, we have
the emergence of mutual coordination or ‘stigmergy’, which brings open
source commoning into the picture.

Our proposal, ‘P2P Accounting for Planetary Survival: Towards a P2P
Infrastructure for a Socially-Just Circular Society’ (Bauwens and Pazaitis
2020), consists of an integrated vision that combines the three forms, with
mutual coordination at the first level. We now have distributed
ledgersFootnote10 so that we can move from sharing code and knowledge to
sharing transaction data, shared accounting, shared logistics, and so on.
We are moving from the Internet of Communications to the Internet of
Transactions which enables the development of collaborative open ecosystems
consisting of networks of producers. I think this is a very important shift.

PJ: And what about thermodynamic accounting?

MB: Thermodynamic accounting is the ability to see flows of matter and
energy and have them integrated into your accounting system. This implies
that we can create our own data commons, data trusts, data co-ops, and so
on.

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