AntiCapitalist Crypto Collective 🐉

Cryptoeconomics contains within it an opportunity to move past capitalism, into a world of radical corporate, economic and political democracy for the people.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

The ACCC aspires to be an open collective for discussion of cryptoeconomics in a post-capitalist world. We welcome contributions from anyone, be it an article, link, essay, paper or discussion. If you'd like to get involved, DM or @ us.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@sassal0x If cryptoeconomics hadn't captured a bunch of the terrible aspects of capitalism, that would be evidence that it is a deeply flawed system. Effective economic mechanisms reflect reality, and our reality is sometimes a hypercapitalist hellscape - but things can be better.

[sassal.eth/acc 🦇🔊 @sassal0x]

TL;DR Jackson hates capitalism.

More news at 11.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

It's not about "destroying capitalism" - it's about noticing that capitalism is inescapably transforming into something different, something new, something to which the label may not so readily apply. The crux of the discussion is what that new future looks like, for all of us.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@eoyebadejo @kast_oust @besf0rt All I'm saying is that the Nordic model arose from a specific historical context that isn't available to most countries. Capitalism isn't a stable thing - it inevitably transforms into something else, no assistance needed. It will be replaced. By what, is the the question.

[owockai @owocki]

Round 10 in June 2021 - 300k Contributions ~$1.6mm raised

New Features:
- TrustBonus amped up for more sybil resistance
- Community Governance via GTC/GitcoinDAO

Economic Graph is DENSE this round, it was crashing my browser! So every node in *this* graph is **100** txns 👇=

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

~Sunday Reading~
@glenweyl & Eric Posner lay out a compelling vision for a post-capitalist model of property in their proposal for Common Ownership Self-Assessed Taxes (COST). Pay special note to the tradeoff between allocation/investment efficiency.
https://t.co/PPmNm59AQH

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@MrJackisch They're a very interesting mechanism that is worth exploring! The last few decades have seen an explosion in discussion around new mechanisms to design systems with - depreciating licenses, harberger taxes/COST, quadratic voting/funding, liquid democracy, etc.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

The ACCC aspires to be an open collective for discussion of cryptoeconomics in a post-capitalist world. We welcome contributions from anyone, be it an article, link, essay, paper or discussion. If you'd like to get involved, DM or @ us.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@MrJackisch Additionally, the way in which we automate must be democratic. The current drive and direction of automation is not driven by democratic corporate processes, but instead by capital. Not every automation is good. E.g. building a machine that can cut down the rainforests itself.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@MrJackisch But economic power is not about who has currency, it is about who owns the world. UBI alone is not a cure-all, because it does not change how property is allocated nor address the way that private property monopolizes.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

Climate change is the result of economic consensus failure. Our economy does not correctly evaluate public commons like the oceans, atmosphere, and biosphere. We will do trillions of dollars of damage tomorrow for a buck today. Many will die if we do not directly act now.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@CryptoLong4 @santisiri @proofofhumanity It was a great conference, all the speakers are worth a listen. https://t.co/2VIwnLDs3A

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

Check out a great evening of discussion about radical democracy and the future of Brazilian economic consensus, ft. @joguldi @audreyt @glenweyl @VitalikButerin from the ever compelling @RadxChange @BrazilRadical https://t.co/2VIwnLDs3A

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

Many people understandably react with hostility to "coin proselytizers" and lump the anticapitalist crypto space in with them. But we are not trying to sell you something. We do not care if you get rich quick. Instead, we are telling you where the battlefield of the future lies.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

The creation and radical democratization of public goods is one of the driving forces for change in our time. Capitalism is blind to the value of the commons - but global, permissionless economic mechanisms don't need to be.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@MrJackisch W/ post-capitalism, we must explore ways to build public commons that are shared amongst all of humanity, for labour to control the full value of their labour within economic democracy, and to build an economy that actually makes intelligent, globally beneficient long term plans.

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@MrJackisch Capitalism is more of a system of property rights than a system of trade or commerce. It is an attempt to fuse old aristocratic wealth with the modern science of economics, and this creates a fundamental contradiction and friction within it that slowly tears it apart. 1/2

[AntiCapitalist Crypto Collective 🐉 @AntiCapCryptoCo]

@Fiskantes Is usually created by stealing other people's active income...