Introduction one: “Transition to Postcapitalism”
As the time for postcapitalism has begun, several problems ask for a solution. How to stop companies and multinationals from becoming too powerful? Amsterdam has FairBnB and the FairPhone. Barcelona established the right to publish data as a public good. Rushkoff thinks a solution is to give every employee shares of the company she works for. Big data, gathered in China by the BAT trinity and in many other countries by Google, do not serve the citizens directly. Sassen shows a way for citizens to behave more according to their own values, with a personal valuation system. And by valuating products and services, companies and multinationals show up in search engines only when their behavior matches the citizens` social values. Ta’eed shows that such social values can be tokenized, establishing social value coins. A UBI (universal basic income) is, according to Sassen, a logical necessity. UBI-Vault has been made to distribute such a basic income automatically. Valuations, reputation, digital money and social value coins, can best be stored, according to Sassen, on what he calls Citizens` Islands, digital islands in the cloud, secured with blockchain technology. (R. S)
Introduction two: “to a new way of Trading and Sharing”
Money traditionally was established as an easier way of exchanging goods. Over time it has become a goal in itself, which has made it vulnerable to abuse. With the arrival of the internet, money has changed appearance: bitcoins are being introduced, but there is no stability there, nor enough connection with the coins as we know it.
A new bridge can be made between real time money and virtual money and, with a view to the future in which people will be less needed for certain jobs since robots will take over and give people more time for themselves, a new way of distributing money: a universal basic income (UBI).
As a first, privacy and security must be secured. For this Citizen’s Islands are invented: digital secure islands in the cloud. Private information, digital money and social value coins can be stored there safely and shared according to your own rules and values. Next to this, a simple automatic UBI distribution system is introduced. (S. K.)
Part 1 is about social value coins and projects, validation and reputation, and a basic income.
Part 2 is about social value exchanges, a social value distribution system and UBI as a social value project.
Part 3 is about Citizen`s Islands and Company`s Islands, how coins and reputation can be decentralized stored.
Part 4 is about how to achieve this (some say utopian) vision: Possible Pathways.
Part 5 is showing some consequences.
Transition to Postcapitalism 1
Social value coins and projects, procurement validation and reputation, basic income.
Democracies are losing more and more power to multinationals, away from the people.
Unfortunately multi-national legislation is rare. But we have the option to decentralize power.
Power to the people? How can we achieve this voluntarily?
One option is to found communities. Another one is to let every citizen vote about how multinationals deal with social values. Let citizens vote about their products and services. Make a decentralized publication platform with ratings.
So you want to establish a reputation network?
Yes. And at the same time you also make use of social value coins. Olinga Ta’eed brought us the vision of a social value index and social value coins. In your wallet you can have US dollar and US dollar+, the latter meaning a social value US$. You can choose a restaurant where a pizza costs 10 US$, or another restaurant, with healthy ingredients, where staff is treated well, and where environmental issues are being taken care of; here the pizza costs 8 US$ and 2 US$+.
But the other restaurant will immediately adjust their prices to include US$+ or not?
No, they cannot do that. Only customers have the option to evaluate the meals, the staff and the environment. When the social value network (a blockchain computer programme, a.k.a. smart contract) allows the restaurant to use US$+, the paying app will accept social value money.
How do we get US$+?
You can buy them (for example 1 US$+ costs 2 US$), receive them as gift or as part of your salary. Companies can contribute to social values by buying social value coins (US$+, Women`s coin, Islamic coin, UN SDG coin, City coin, Edu coin, Carers coin, Water coin: link) and give them to their employees.
And where can we buy these social value coins?
From a non-profit exchange: the Seratio Bank.
And where does the surplus go? The extra US$?
The extra US$ goes to social value projects. For example to volunteers: people can register to be a volunteer, their volunteer hours are automatically registered. Other examples of social value projects: libraries, art institutes, hospitals, schools or a Universal Basic Income (UBI).
When you give a tip at a restaurant, or make a donation, you can choose that tip or donation to be used for e.g. a universal basic income, volunteers, or a social value coin. A basic income can consist of €, €+ (or $ and $+) as well as other social value coins, to be distributed among citizens worldwide.
next: Transition to Postcapitalism 2: Seratio Bank and UBI-Vault