Open Source Social Capital: Difference between revisions

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Open Source Social Capital (OSSC) is a form of capital constituted by the combination of open source knowhow, open source hardware tools, and software that is used in conjunction with collaborative development processes and crowd funding to provide startup capital that is until present (2021) typically provided by [[Financial Capital]]. OSSC is a form of capital based on a socializing process, rather than a typically alienating process - that comes out of the collaborative techniques used. Truly open collaboration is invoked between agents from many different organizations - motivated primarily by the efficiency that arises from eliminating all forms of [[Competitive Waste]].
Open Source Social Capital (OSSC) is a form of capital constituted by the combination of open source knowhow, open source hardware tools, and software that is used in conjunction with collaborative development processes and crowd funding to provide startup capital that is until present (2021) typically provided by [[Financial Capital]]. OSSC is a form of capital based on a socializing process, rather than a typically alienating process - that comes out of the collaborative techniques used. Truly open collaboration is invoked between agents from many different organizations - motivated primarily by the efficiency that arises from eliminating all forms of [[Competitive Waste]].


The concept of open source social capital is created here to mark a distinction between money and OSSC. Enterprise does not need money - it needs the things that money can buy. OSSC proceeds to collect those necessary resources directly, with less dependence on official money systems, which carry with them certain prejudices as to the principles of how business is done. By avoiding dependence on official money systems, OSSC can create new rules of how economics can be run - ie, by different rules or contracts. Financial capital relies on using money as an adhesion contract, and OSSC aims to change the rules of the game by setting new principles that don't rely on modern monetary theory that includes [[Fractinal Reserve Banking]], limitation of liability, the standard corporation as a legal form, [[Initial Public Offering]], and other legal fictions.
The concept of open source social capital is created here to mark a distinction between money and OSSC. Enterprise does not need money - it needs the things that money can buy. OSSC proceeds to collect those necessary resources directly, with less dependence on official money systems, which carry with them certain prejudices as to the principles of how business is done. By avoiding dependence on official money systems, OSSC can create new rules of how economics can be run - ie, by different rules or contracts. Financial capital relies on using money as an adhesion contract, and OSSC aims to change the rules of the game by setting new principles that don't rely on modern monetary theory that includes [[Fractinal Reserve Banking]], limitation of liability, the standard corporation as a legal form (see [[The Corporation]]), [[Initial Public Offering]], and other legal fictions.

Revision as of 00:44, 24 December 2020

Open Source Social Capital (OSSC) is a form of capital constituted by the combination of open source knowhow, open source hardware tools, and software that is used in conjunction with collaborative development processes and crowd funding to provide startup capital that is until present (2021) typically provided by Financial Capital. OSSC is a form of capital based on a socializing process, rather than a typically alienating process - that comes out of the collaborative techniques used. Truly open collaboration is invoked between agents from many different organizations - motivated primarily by the efficiency that arises from eliminating all forms of Competitive Waste.

The concept of open source social capital is created here to mark a distinction between money and OSSC. Enterprise does not need money - it needs the things that money can buy. OSSC proceeds to collect those necessary resources directly, with less dependence on official money systems, which carry with them certain prejudices as to the principles of how business is done. By avoiding dependence on official money systems, OSSC can create new rules of how economics can be run - ie, by different rules or contracts. Financial capital relies on using money as an adhesion contract, and OSSC aims to change the rules of the game by setting new principles that don't rely on modern monetary theory that includes Fractinal Reserve Banking, limitation of liability, the standard corporation as a legal form (see The Corporation), Initial Public Offering, and other legal fictions.