In the Mackey thread I asked if capitalism, as an emergent socio-economic structure, could embody the values that Mackey represents, which seem to arise at a higher level of development. I used the analogy of trying to fit a more developed value peg into a less developed structural hole. If capitalism is the wrong hole for the job, then what is?
Michel Bauwens has been exploring the very real socio-econmic developments in peer-to-peer (P2P). This form of exchange has been happening for some time and Michel has attempted to theorize it in his popular essay “P2P and Human Evolution.” Below are some excerpts of summary points from Michel’s 7/13/07 blog entry “What P2P means for the world of tomorrow“:
Our current world system is marked by a profoundly counterproductive logic of social organization: it is based on a false concept of abundance in the limited material world; it has created a system based on infinite growth, within the confines of finite resources
…we need to base our physical economy on a recognition of the finitude of natural resources, and achieve a sustainable steady-state economy
Markets, as means to to manage scarce physical resources, are but one of the means to achieve such allocation, and need to be divorced from the idea of capitalism, which is a system of infinite growth.
Peer to peer as the relational dynamic of free agents in distributed networks will likely become the dominant mode for the production of immaterial value; however, in the realm of scarcity, the peer to peer logic will tend to reinforce peer-informed market modes, such as fair trade; and in the realm of the scarcity based politics of group negotiation, will lead to reinforce the peer-informed state forms such as multistakeholdership forms of governance.
The world of physical production needs to be characterized by:
a) sustainable forms of peer-informed market exchange (fair trade, etc..);
b) reinvigorated forms of reciprocity and the gift economy;
c) a world based on social innovation and open designs, available for physical production anywhere in the world.
The best guarantor of the spread of the peer to peer logic to the world of physical production, is the distribution of everything, i.e. of the means of production in the hands of individuals and communities, so that they can engage in social cooperation. While the immaterial world will be characterized by a peer to peer logic on non-reciprocal generalized exchange, the peer informed world of material exchange will be characterized by evolving forms of reciprocity and neutral exchange.
We need to move from empty and ineffective anti-capitalist rhetoric, to constructive post-capitalist construction. Peer to peer theory, as the attempt to create a theory to understand peer production, governance and property, and the attendant paradigms and value systems of the open/free, participatory, and commons oriented social movements, is in a unique position to marry the priority values of the right, individual freedom, and the priority values of the left, equality. In the peer to peer logic, one is the condition of the other, and cooperative individualism marries equipotentiality and freedom in a context of non-coercion.
This is the truth of the peer to peer logical of social relationships: 1) together we have everything; 2) together we know everything. Therefore, the conditions for dignified material and spiritual living are in our hands, bound with our capacity to relate and form community. The emancipatory peer to peer theory does not offer new solutions for global problems, but most of all new means to tackle them, by relying on the collective intelligence of humankind. We are witnessing the rapid emergence of peer to peer toolboxes for the virtual world, and facilitation techniques of the physical world of face to face encounters, both are needed to assist in the necessary change of consciousness that needs to be midwifed. It is up to us to use them.