Open Source Social Capital: Difference between revisions
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The concept of open source social capital is created here to mark a distinction between the institution of 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. 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]], [[Limited Liability]], the standard corporation as a legal form (see [[The Corporation]]), [[Initial Public Offering]], and other legal fictions which until this point in human history (2021) tend to concentrate power in some people at the expense of others. We envision a world of abundance where inequality exists but is more fluid: where social mobility allows any individual free choice as to how much authentic, ethical power they gain - and protects those seeking authentic power from those who gained their power unethically. | The concept of open source social capital is created here to mark a distinction between the institution of 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. 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]], [[Limited Liability]], the standard corporation as a legal form (see [[The Corporation]]), [[Initial Public Offering]], and other legal fictions which until this point in human history (2021) tend to concentrate power in some people at the expense of others. We envision a world of abundance where inequality exists but is more fluid: where social mobility allows any individual free choice as to how much authentic, ethical power they gain - and protects those seeking authentic power from those who gained their power unethically. | ||
=How It Works= | |||
As of end of 2020, the general formula that OSE headquarters is testing is: | |||
#Presell a product of large economic significance | |||
#Involve customers and outsiders in a large, collaborative development event to produce valuable information and prototypes - while raising revenue through an experience economy model | |||
#Train the producers: entrepreneurs and technicians to produce the product of interest | |||
#Fulfill orders, enlisting the newly trained producers as well as enlisting existing upskilled professionals to fulfill orders | |||
#Involve | |||
=OSE Case= | =OSE Case= | ||
In 2021, OSE is experimenting with [[Extreme Enterprise]] as a practical route of open source social capital that can fund startup enterprise at levels comparable to those provided by venture capital. | In 2021, OSE is experimenting with [[Extreme Enterprise]] as a practical route of open source social capital that can fund startup enterprise at levels comparable to those provided by venture capital. | ||
Revision as of 01:12, 24 December 2020
About
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 the institution of 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. 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, Limited Liability, the standard corporation as a legal form (see The Corporation), Initial Public Offering, and other legal fictions which until this point in human history (2021) tend to concentrate power in some people at the expense of others. We envision a world of abundance where inequality exists but is more fluid: where social mobility allows any individual free choice as to how much authentic, ethical power they gain - and protects those seeking authentic power from those who gained their power unethically.
How It Works
As of end of 2020, the general formula that OSE headquarters is testing is:
- Presell a product of large economic significance
- Involve customers and outsiders in a large, collaborative development event to produce valuable information and prototypes - while raising revenue through an experience economy model
- Train the producers: entrepreneurs and technicians to produce the product of interest
- Fulfill orders, enlisting the newly trained producers as well as enlisting existing upskilled professionals to fulfill orders
- Involve
OSE Case
In 2021, OSE is experimenting with Extreme Enterprise as a practical route of open source social capital that can fund startup enterprise at levels comparable to those provided by venture capital.