nettime's_social_alchemist on Mon, 21 Jan 2002 22:34:05 +0100 (CET) |
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<nettime> lawyers, guns, and donuts digest [holmes, linton x2] |
Brian Holmes <106271.223@compuserve.com> <nettime> dollars & donuts Michael Linton <lcs@mars.ark.com> Re: <nettime> In Gold We Trust, part 1 Michael Linton <lcs@mars.ark.com> Re: <nettime> dollars & donuts - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Date: Mon, 21 Jan 2002 07:19:55 -0500 From: Brian Holmes <106271.223@compuserve.com> Subject: <nettime> dollars & donuts Doug Henwood writes: "I've seen no evidence yet that LETS people have given much thought to the economic fundamentals that the money system embodies. It's the money illusion raised to the level of a political philosophy, it seems." Isn't that slapping praxis a bit too quickly with theory, Doug? What's interesting in the various LETS systems, and other forms of trading circles, is the practical response to situations where the capitalist order is in crisis, either because of financial breakdown (Argentina), structural inequality (in marginalized rural areas or situations of long-term high unemployment), or because people want to escape the state (there you also get right-libertarian alternatives, as we saw with e-gold). And what's interesting in the practice is the chance for alternative ideas to be embodied in the lives of people who are not necessarily theorists. Unfortunately for us, the libertarian right has been better at that in recent decades than any of the left factions. I can understand some impatience with the idea that any egalitarian politics can do without a state, and it's also naive to avoid the question of how the existing capitalist order influences any subsystem set up inside it; but still it's empirically interesting to get a look inside some experimental practices that could ultimately transform our relations to the state(s), and thereby, perhaps, transform capitalist relations. After all, wouldn't it be interesting to bring people practically before the questions you ask? About the relations of authority between bossess and workers, about the planning and financing of productive capacity? Only when people ask those questions, not as theoretical games, but as practical life problems, does the status quo evolve in any way. best, Brian Holmes - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - From: Michael Linton <lcs@mars.ark.com> Subject: Re: <nettime> In Gold We Trust, part 1 Date: Sun, 20 Jan 2002 19:30:40 -0800 Dear Doug, I wrote this before getting your posting earlier today on "dollars and donuts" but nonetheless it seems (to me) to bear on some of the issues you raise. On January 19, 2002 11:19 am, Doug Henwood wrote: > I'm still at a loss to understand how these "community currencies" > would be used to pay for products outside the community. You need to think outside that box. - the idea of "the" community. Think rather of multiple communities, neighborhood, locality, region, province, nation and beyond, just on spatial dimension. Others will be communities of interest, or common purpose, or production, not of place. Things outside one community may be inside others. Most people people will use 5 - 10 currencies, organizations will use more. >..............Or will > every community have its own steel mill and chip plant? The economic case for all local production will indeed be improved, and could occasionally lead to steel mills serving local markets - this might first show at the level of communities of several milllion. More significantly, consider all the small production enterprises wiped out by "globalization" and the "rationalisation" of trading - farming for instance. As community currencies are used for progressively more of the local and regional economies, many things that used to make it financially, and then didn't, will again. >........................It's a big > leap from using scrip to exchange products at a roughly similar level > of technical complexity and capital intensity - meals for haircuts, > housecleaning for dogwalking. But what about things that require > machinery, financing, specialized labor, and entities that extend > across time and space to produce them? How would a New Yorker like me > get a computer or an orange? Generally by paying some part of the invoice in "federal" cash / credit and the balance in community currency. As an approximate rule of thumb, the retailer / wholesaler / manufacturer should get their cost of goods (fob plus taxes, direct and consequent) in cash, and their value-added (mark-up, gross profit) in whatever community money works for both the buyer and the seller. That's the "how-can-you-lose?" split. Aggressive sellers can go well beyond that price point where they have cc for cash substitution options for spending. Hence you can expect retail gas for maybe 10% "cc", groceries at 15-20%, retail hard goods 20-50%, restaurants 50% and bettter, services up to 80%, music, theatre and sports will often be 100%. IP will depend on the license, of course. >...........................Once you get beyond exchanging simple > goods and services in a small geographical area, you have to have a > state-guaraneteed token (or gold), or you can't have commerce. This is a blatant non-sequitur, and dead wrong besides. Consider the commercial "barter" networks for instance, some now global in practice. There are more means in heaven and earth, Doug, than are dreamt of in your short list. >..............................Or are > you really proposing that production be undertaken strictly on a > local scale? No - never did, never will. www.gmlets.u-net.com/explore/sustain may help clarify. >...........Do you even think about the relations between money and > production beyond the level of sentiment and wish? One might ask, with equivalent relevance, presumption and attribution - have you stopped beating your significant other (wife, dog, drum, meat .. ) yet? But I prudently refrain. Please, in the interests of productive discourse, do thou likewise. A brief digression of ways of study, enquiry, learning. A man goes to the city and sees ships built of iron. When he comes back to his village, the elders throw a flat iron in the river and conclude him a liar. Much of the reaction to the ideas of open money is at this level. We are used to it, but that doesn't mean we regard it as particularly open-minded. There are investigative approaches that seek to expose weakness, and others that explore strengths. Both are necessary, but it is interesting to notice which take priority. In this instance, it's clear (at least to us "LETS" people" who know what we are talking about when we talk of open money) that most of the critique so far is utterly off target. Without some knowledge of what we are actually saying, any analysis is almost inevitably misdirected and mistaken. Sorry about that. It may make sense to you, and have nothing to do with us. Our materials are available in several sites, in some chronological order 1986 www.gmlets.u-net.com/letsplay (ancient - pre internet) 1995 www.gmlets.u-net.com - especially /design 1998 www.communityway.org 1999 www.cctrading.net 2001 www.openmoney.org For a useful discourse with us, questions that relate to these published ideas will likely get more attention than questions that don't. btw Doug, I heard you talking on CBC this morning about Enron. Perhaps your general view might summarised as "Enron (and other such) are inevitable, it's just capitalism doing its thing (something smelly, you said) and there's little we can expect but more of the same" Maybe you would accept my precis, maybe not. Anyhow, it's more or less my view of the Enron scam, and it's because I see no realistic solutions available inside that money-box that I (and others) are working to provide parallel exchange systems with better likelihood of better ethical behaviour, and positive social, ecological and political consequences. cheers Michael - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - From: Michael Linton <lcs@mars.ark.com> Subject: Re: <nettime> dollars & donuts Date: Sun, 20 Jan 2002 17:57:13 -0800 On January 20, 2002 09:49 am, Doug Henwood wrote: > I'm assuming the point isn't to reproduce a capitalist division of > labor. Right. >But once your local currency starts circulating beyond a small > circle of quasi-friends, then the law of value is going to start > operating - competition based on a price system based on cost of > inputs. What do you mean start? Who said it stops? >........How else would you exchange potato chips for computer chips? According to comparative value, buyer - seller? > Have you given much thought to production? Yes >...The labor market? Yes > ....Relations of authority between bosses and workers? Yes >...How investment will be planned and financed? Yes. > I've seen no evidence yet that LETS > people have given much thought to the economic fundamentals that the > money system embodies. Sorry about that. I wonder what such evidence would look like, to you. >It's the money illusion raised to the level of > a political philosophy, it seems. > > Doug The money illusion. Perhaps if you specify just what you consider that to be we can discover whether "LETS people" are so elevated. Please define, yours, Michael - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: majordomo@bbs.thing.net and "info nettime-l" in the msg body # archive: http://www.nettime.org contact: nettime@bbs.thing.net