Some things in the scenario seem assured; zero marginal cost production, that Jeremy Rifkin describes, with local manufacture are linked trends that will be in ascendance. If the open source movement beats the IP monopoly approach to digital intellectual property, then the market will be greatly reduced as a determinative power, and the sharing commons that Michel Bauwens, David Bollier and Silke Helfrich talk about and work toward as the Commons Strategy Group will be how we organize our response to climate change and the sharing of and acc0unting for resources; we will be in a p2p sharing economy built around the commons.

Sharing economy platforms will be collectively owned, rather than owned by capitalists with an extractive venture capital mindset, an idea which I found implausible when Neal Gorenflo first  posited it.

More venture backed businesses will be  cooperatives or ESOP’s, and venture will find its place within community economic development along with zero interest Kiva or Community Sourced Capital or other kinds of loans. We will have figured out a way to lend to uncollateralized African American entrepreneurs and sole proprietorships and help them grow that links affluent donors into a way of lending to people who are on the same level as they are; with reciprocity rather than handing something down from a benevolent giver to the needy. Venture investing around financial inclusion will be linked with community development through the Neighborhood Economics Network or its successor or peers and partners.

Community focused housing ownership and financing will have progressed into a viable option. Community wealth and well being will be easy to measure and to invest in for the long term; with bonds and pay for performance tools matured to the point that they can reverse engineer systems focused on remediation into ones that create healthy and wealthy communities.

To get any of that done, we will have to reverse the dynamic of progressive wealth disparity and create new incentives. This will involve policy, and some cities may get on board earlier than others. I find it impossible to project the future of the national government of the United States into this scenario in any reasonable fashion. That’s one reason I am glad we are focusing on a Norway outward strategy for this project.

These are just early, initial stabs at this concept. Other blog posts will carry it further. We will find ways to engage with people who want to help with this online if there is demand and people to do this.

 

 

 

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