for: futures - neo-Venetian crypto-networks, Global Chinese Commons, GCC, cosmolocal, coordiNation, somewheres, everywheres, nowheres, Global System One, Global System Two, Global System Three, contributory accounting, fourth sector, protocol cooperative, mutual coordination economics

summary

• I learned a number of new ideas from reading Michel's article. He gives a brief meta-history of our political-socio-economic system, using Peter Pogany's framework of Global System One, Two and Three and within this argues for why a marriage of blockchain systems and cosmolocal production systems could create a "fourth sector" for the transition to Global System Three.
• He cites evidence of existing trends already pointing in this direction, drawing from his research in P2P Foundation

for: GS3, Global System Three transition, mutual coordination economics

paraphrase

• GS3 will be more difficult than GS2
• social contract needs to be updated to include
  • new relation with nature and non-human beings
  • stronger multilateral relasionships to protect the planet
• In Michel's view, a cosmolocal coordination will be required
• The alternative is coercive eco-fascism to prevent massive ecological damage while we continue to overconsume planetary resources
• definition: mutual coordination economics
  • an economic system that maximizes freedom of choice within earth system boundaries with minimal coercion
  • it is a new synthesis of markets, states and commons via decentralized p2p networks