too big to fail

A Better Way To Occupy Wall Street

by Dan Robles on October 10, 2011

What if I told you that we could occupy Wall Street without actually camping out there?  In case you have not noticed, Wall Street occupies your house without you ever seeing any suits milling around your driveway.  So what’s the plan?

In the Age of The Internet, redistribution of wealth should not be a very difficult thing to do, yet the approach is surprisingly low-tech.  Just look at the pictures; if this is going to be our approach, then we’re in deep trouble.

Here’s the trick. Wall Street is built on a foundation where the factors of production are land, labor, and capital.  All we need to do is shift the factors of production to something else. We don’t actually need to shift Wall Street, we need to shift ourselves.

The reality is that the today’s economy is built on social, creative, and intellectual factors of production – these are the factors of production of that so-called 99% of the value of our economy.  It’s a knowledge economy, remember?

Now, notice how land and labor are constrained by geography, property laws, political districts, and “national borders”. Also notice that the accounting system (capital) is as anonymous as possible, if not shrouded in secrecy.  Do you remember how Steve Jobs told us that it’s OK to copy good ideas?

First, we need to build a knowledge inventory of all the useful stuff in our brains and integrated by geographic proximity so we all can find each other.  This is how we’ll mimic land and labor.  Next, the knowledge inventory must be anonymous until the point of transaction – this is not for privacy concerns, rather, we need to do this to create scarcity (nothing personal, Zuck).  This is how we mimic “capital”.

At the end of the day, your knowledge inventory is your personal API - you create your own value and integrate with others or withhold it as you wish…just like Wall Street. Of course, everyone would then need to become a corporation so that we can pay our fair share of taxes (but not a penny more). That’s code for “too big to fail”.

Have you forgotten about Wall Street yet?  If so, it’s not too early to coin the term APIcracy.

Read More

In Search of A New Economic Paradigm; Part 1

by Dan Robles on December 5, 2009

economic paradigm

Too many things too big to fail.

It could be currency collapse, an environmental collapse, a pandemic collapse, a food collapse, a water collapse, Energy collapse, a political collapse, or any number of Black Swan events – something somewhere too big to fail will fail. When that happens, it will take everything else down with it.  After all, that’s what too big to fail means.

Look on the Sunny Side

The Idea of a New Economic Paradigm is gaining modern popularity.  This declaration is a indeed a grand and lofty goal for the collective human consciousness to grasp.  But grasp it we must; both Socialism and Capitalism are bankrupted social models. Quit bickering, It’s time to move on

Do something, anything:

The point of this recurring article is to understand the ideas of other people as to what a new economic paradigm is or needs to accomplish.  The following are a few that I’ve dug up and will feature here as a repeating feature Called:  In Search of The New Economic Paradigm.

***

It’s Time For A New Economic Paradigm by Joe Kresse, Foundation for Global Community

[click to continue…]

Read More

Palinism; It’s About The Ice, Not The Puck

November 24, 2009

No matter whether you like her or not, you can’t help but feel something for her. The Cinderella launch into worldwide stage, full public disclosure of her laundry room, dumped at the altar by the grizzled groom, sent back to Alaska with a scarlet letter (take your pick) tattooed on her forehead. Alas, the epiphany: God speaks to the persecuted one; “Rise Up and serve thy mission!”

Read the full article →