The For_Product Business Model
A conversation with AI about a GNU way to organize production.
Prompt
Imagine a coin with a static total supply set by the total number of square-meters of land on Earth. This coin is slowly sold to buy real estate (actual, IRL land), with that land held under a special Terms-of-Operation.
The conditions of the Terms-of-Operation are as follows:
1. The land purchased through the sale of the coin are vested to workers as they complete “Work Agreements” used to build ecovillages on that land.
2. That land is held “For Product” — in other words, if you are a consumer of Honey, you would gain ownership in the land used to hold the Hives and the equipment used to process and store Honey, etc. Furthermore, each worker would gain ownership of their own home and thereby never pay rent.
3. If surplus products are sold to “tourists”, any price may be charged, *but* some % of profits MUST be used to buy even more land which will then slowly vest to those consumers who paid that profit. This causes all consumers to gain ownership in the Sources of Production required to produce all the goods and services they use.
Response
It sounds like you’re describing a unique economic model that combines elements of cryptocurrency, land ownership, and cooperative ownership of production. Let’s break down the key components and considerations:
1. Static Total Supply Linked to Land Area: This cryptocurrency’s total supply is fixed and tied to the total square meters of land on Earth. This ensures scarcity and can potentially provide stability to the value of the cryptocurrency if the supply of land remains relatively constant.
2. Use of Coin Proceeds to Purchase Real Estate: The cryptocurrency is sold to acquire real estate, which is then utilized to create ecovillages. This not only provides a tangible asset backing the value of the cryptocurrency but also serves a social and environmental purpose by promoting sustainable living and community development.
3. Terms-of-Operation: The conditions under which the land is held are crucial. By vesting ownership of the land to workers through Work Agreements, it incentivizes participation in building and maintaining the ecovillages. Additionally, holding the land “For Product” ensures that workers and consumers have ownership stakes in the means of production, such as homes and equipment used for producing goods like honey.
4. Consumer Ownership and Profit-Sharing: By allowing consumers to gain ownership in the land used for producing goods they consume, the model promotes a sense of ownership and responsibility among consumers. Profit-sharing from surplus product sales ensures that profits are reinvested in acquiring more land, thus expanding the ownership base and ensuring the sustainability of the model.
5. Profit Sharing: Generating revenue from selling surplus products to tourists provides an additional source of income. By reinvesting a percentage of these profits into acquiring more land, the model perpetuates the cycle of expanding ownership and promoting sustainable production practices.
6. Challenges and Considerations: Implementing such a model would require addressing various challenges, including legal and regulatory considerations, governance structures for managing the land and cryptocurrency, and ensuring equitable distribution of ownership rights. Additionally, the model’s success would depend on factors such as community participation, economic viability, and environmental sustainability.
Overall, the model you’ve described combines elements of decentralized finance, sustainable development, and cooperative ownership to create a novel approach to economic and social organization. It would likely require careful planning, experimentation, and adaptation to real-world conditions to achieve its intended goals effectively.
