The Next Economic Paradigm

Tag: new value movement

Evading The Antigen

Over the last 20 years or so, I have spoken all over the United States and many parts of the world about the idea that there may be a single and relatively easy way to correct very evasive flaw in market capitalism.

Fixing this flaw could correct many of the biases and divisions that plague relationships and communities in an otherwise functional social organization system.  The work of the Ingenesist project, of course, is precisely to correct the flaw.

From past experience, I always get one of three reactions to our work:

  1. Some people get it immediately, and engage deeply.
  2. Some people don’t get it and ignore completely,
  3. Some people attack it, sometimes dangerously.

I learn a great deal from each type of response.  In fact, the vast majority of ideas in the Ingenesist Project come from hundreds of brilliant people who have participated in one of these three ways.  The first two types are self-explanatory. This post is about the third type – I call them “the antigens”. As the term implies, when an Antigen perceive a threat to the existing body they react strongly to neutralize it.

The Flaw in Capitalism is well protected

The antigen is not just a person who disagrees with a fact or feature of our work.  They hold a deep visceral objection that is personal, emotional, physical and always disproportionate to the level, scope, or even the topic of conversation.

Much to our astonishment, the antigen is always someone who would be expected to embrace our work and ideas.

The problem, I have come to realize, stems from the suggestion that the Zertify knowledge inventory strategy seeks to increase the efficiency of matching the supply and demand of knowledge assets in a community. The antigen has a vested interest in this same goal and does not believe that there could or should be a better broker than themselves.

If it’s not Broker, don’t fix it

Several examples of antigens that we have encountered:

One was the economic development agency for a less developed country.  Our proposition was to present their engineers as world class quality.  They saw this as an emigration threat more than an off-shoring draw, and shut the program down.

One was a celebrity author and lecturer that champions the cause of the common man against the oppression of corporate tyranny.  This individual makes his living selling books, lectures, and endorsements. His scathing misinterpretation of our work hurt us badly.

Another recent  antigen was a person who runs an “accelerator” for start-up companies whose passion is to identify promising start-ups and match entrepreneurs to funding in the spirit of high tech titans of the past.  He saw us as a threat to his “God’s Eye” approach to the garden of money.

On the surface, it would seem that these people or entities would embrace a comprehensive knowledge inventory and machine enabled means of matching supply and demand for knowledge assets.  Instead, they saw us as a threat to their vested interests.

It’s not about right and wrong

The point of this article is not to make the antigen wrong about their response –  it is quite natural and we have all done it.  The Flaw in Market Capitalism is the antigen behavior/reaction itself – not the person demonstrating it.  Our challenge for the future will be to amplify mavens and community organizers to become better at connecting people in collaboration with each other while also identifying and redirecting the antigen response before it is activated.  Because once it emerges, it cannot be put back in the bottle.  

The corollary:

Those who would embrace this work likewise have little or no vested interest in “controlling” others and would therefore appear to be the least likely to accept our work.  So by definition, those who accept the ideas that we present are those who would perform well in such an environment.  This further demonstrates the counterintuitive nature of The Ingenesist Project.

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The New Economy Movement

The following 7 minute talk was presented at the Innotribe Sessions at SIBOS 2011 conference in Toronto Canada.

Here I identify a serious omission in our form of economics which may  inhibit the ability for currency to represent the things that people do and make. I also introduce how a new class of financial instruments could re-connect currency with productivity thereby reintroducing vast amounts of value into the tradable asset (currency) pool.

What if the solution to the great complexity of economic collapse is actually fairly simple – and we don’t find it?  What if the new economy is going to happen whether we want it to or not – and we are not prepared?  What if the tipping point to the New Economy is already past – and we are not in the game?

The only ones to blame would be ourselves for not building the obvious.

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Tricking The Debt Monster Antibody

The last post “How To Kill a Debt Monster” ended with the following line: How do you inject the debt monster in the head with New Value antibody without messing everything else up?  Hint: stop whacking it in the foot.

Of course, this is a silly analogy but still quite fun to riff on…

Many of the brilliant ideas in the New Value movement are too rich to ignore.  The problem that many face is that these efforts can only be articulated as grassroots start-ups or single entrepreneurs battling in the morass of relative anonymity against the titans of convention. The Debt Monster Process Manual states explicitly that those not pre-ordained must work their way up from the bottom of the food chain where resources are scarce and economic forces are harsh.

Then, when one becomes successful, the debt monster assimilates the innovation into it’s fortress of influence.  Get too radical and the debt monster will squash you, bury you, or slander you.  So, we can’t beat this thing by whacking it in the foot, we need to go for the head.

Collaborative Consumption At The Top of the Food Chain?

So why am I designing Social Flights?  Social Flights is a social media application that helps people fly on corporate jets.  A corporate jet burns more fossil fuel in a hour than I’ll burn all year in my car. Private jets are the most visible display of excess for the wealthy, powerful, and exclusive members of society who can afford to isolate themselves from the huddled masses. Private jets are extremely expensive relegating huge amounts of capital to sit in waiting for their master to beckon them to the tarmac. Why would I be doing this? (disclosure: I love airplanes and the majority of my professional career is in Aviation and Space Transportation)

Electric cars were not sexy until Tesla built one that smokes a Ferrari – albeit, 23 minutes at a time.

The answer is simple – applications of the New Value Movement need to be introduced at the top of the food chain not at the bottom.  Social Flights is a collaborative consumption game based on the The Value Game. It takes an inefficient industry and makes it less so – at a profit.  Travel Tribes essentially convert inefficiently allocated capital into more efficiently allocated capital – and take a profit for doing so.  If you look closely, this is a reversal of the direction of most culprit Capitalist flows, yet it remains entirely Capitalist – at a profit.

In fact, The Value Game is so similar to the de-Value Game that it will go unnoticed by the Debt Monster’s immune system and therefore not generate a defensive attack.  Millions of dyed-in-the-wool entrepreneurs will quickly identify new ways to create profits without fully realizing that they are, in fact, dismantling the old Capitalist system piece-by-piece (and in the proper reverse order) and replacing it with a corrected version.

Social Flights impacts the Airline Industry, The Advertising Industry, The Travel Industry, and Information Monopolies, and sends them back to school – all for profit.  The same can be done with any shared assets and their associated corporate captors.

The Value Game creates real and fungible profits that articulate social value, human capital, a shared biosphere, collaborative production, and ultimately a higher order of expression for the things that people create, store, and exchange together.

That’s why we start with Jets.

Note to Debt Monster: we’re coming after you.

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