patrick,<br><br>can you explain 'closed loop'?<br><br><div class="gmail_quote">On Fri, Jul 15, 2011 at 2:40 AM, Patrick Anderson <span dir="ltr"><<a href="mailto:agnucius@gmail.com">agnucius@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">This hybrid approach uses Imputed Production at it's core<br>
with optional funding from traditional Venture Capital.<br>
<br>
----<br>
<br>
* Potential users pre-pay to fund the purchase<br>
�of land and capital to form a vertically integrated,<br>
�permaculture based system we call a Production Aggregate.<br>
<br>
* This Aggregate is a set of carefully chosen plants, animals<br>
�and tools required to create the solutions needed by all<br>
�of those workers such as food/drugs, shelter, cloth, soap,<br>
�sanitation, health care, dental, eyes, etc.<br>
<br>
* If a payer has skills needed by the Aggregate, they can<br>
�contract to work somewhere within the Aggregate in exchange<br>
�for the Aggregate supplying them with Products they need.<br>
<br>
* Those workers receive co-ownership in the Aggregate in a<br>
�form we call "Use Shares" which are similar to full co-<br>
�ownership, but with some initial limitations on selling<br>
�or renting those Tools or Products.<br>
<br>
* Use Shares are used by the holder to prove that he has the<br>
�right to use the Tools (limited by schedule) or consume some<br>
�of the Products (limited by % of holdings within that Unit)<br>
�of any restaurant, apartment, bus, hospital, etc. operating<br>
�within the Aggregate.<br>
<br>
* The workers do not buy products from the investors, but own<br>
�those products already because of their Use Shares in the<br>
�Aggregate awarded for commitments to Work or from commitments<br>
�of Land or Capital.<br>
<br>
* After some amount of time, or after some series of events<br>
�the Use Shares should vest more fully to the payer to<br>
�allow for selling and/or renting of those Sources or the<br>
�Products of those Sources.<br>
<br>
* Initial stages of development might have some workers living<br>
�in mobile homes and eating food the Aggregate bought in bulk.<br>
<br>
* Later, after the agriculture is installed and producing, the<br>
�system will become "self hosted", being able to operate<br>
�without requiring any external inputs.<br>
<br>
* Soon afterward, the system will be producing surplus that can<br>
�be sold to outsiders to collect Profit.<br>
<br>
* If Venture Capitalists helped fund the operation, part of the<br>
�Profit will be used as their ROI.<br>
<br>
* We may want to distribute part of the Profit to the Workers,<br>
�since that is a popular thing to do.<br>
<br>
* We may we to distribute part of the Profit to random charities,<br>
�since that is a popular thing to do.<br>
<br>
* But we MUST handle some non-zero % of the Profits as though<br>
�that overpayment were an investment from the payer.<br>
<br>
* We should charge Profit during those sales, for if we don't<br>
�collect the Profit, a middle-man will buy all that we offer<br>
�at Cost, and then resell it for a Profit anyway...<br>
<br>
* So we will charge Profit against the Payer, but we will also<br>
�treat (at least part of) that magic value as Payer Investment.<br>
<br>
* This causes these late-coming users to slowly gain ownership<br>
�and therefore to eventually stop buying that product too.<br>
<br>
* Similar to how the GNU GPL enforces Copyleft through Copyright,<br>
�we propose to create a PropertyLeft document enforced through<br>
�Property Rights used to apply this requirement to the Aggregate.<br>
<br>
* This social contract can be applied by co-owners of any<br>
�material assets to insure freedom for all users.<br>
<br>
* Notice this is also a literal form of Insurance.<br>
<br>
* These users must cover all the real cost of production<br>
�just as any owners do, but they do not buy the product<br>
�since they own it already - and they don't sell the<br>
�product because they need to use it directly.<br>
<br>
* The product is not traded unless there is surplus, and<br>
�in that case the Payer must cover all the Costs of that<br>
�production so the owner of Sources can be compensated<br>
�for paying when they didn't need to...<br>
<br>
* The Payer will usually also pay Profit, according to how<br>
�much the "market will bear". �Some % of that overpayment<br>
�must be treated as an investment from that payer so the<br>
�growth of the Aggregate is incrementally autodistributed<br>
�to all those willing to pay for that growth.<br>
<br>
* At some point, and under certain constraints, and mostly<br>
�to resolve disputes, subgroups must finally be allowed to<br>
�fork from the rest while retaining property ownership.<br>
<br>
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</blockquote></div><br><br clear="all"><br>-- <br>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a>� - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br>
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