Our current political economy
is based on a fundamental mistake. It is based on the assumption that
natural resources are unlimited, and that it is an endless sink. This
false assumption creates artificial scarcity for potentially abundant cultural resources. This combination of quasi-abundance and quasi-scarcity destroys the biosphere and hampers the expansion of social innovation and a free culture.

In a P2P-based society,
this situation is reversed: the limits of natural resources are
recognized, and the abundance of immaterial resources becomes the core
operating principle. The vision of P2P theory is the following:

  1. the core intellectual, cultural and spiritual value will be produced through non-reciprocal peer production;
  2. it is surrounded by a reformed, peer-inspired, sphere of material exchange;
  3. it is globally managed by a peer-inspired and reformed state and governance system.

Because of these characteristics, peer to peer can be said to be the
core logic of the successor civilization, and is an answer and solution
to the structural crisis of contemporary capitalism.

Markets may be changing from a logic of pure
capitalism (making commodities for exchange, so as to increase
capital), to logics where the logic of exchange is subsumed to the
logic of partnership.

There is now a thriving field of social cooperation, which some call the adventure economy, emerging for the sharing of physical goods.

Today, the Internet offers a remarkable social dynamic completely based on voluntary participation in the creation of common goods made universally available to all.

Peer production, governance and property are more productive
economically, politically, and in terms of distribution, than their
governmental and for-profit counterparts, because they filter out all
the less productive forms of motivation and cooperation, and retain
only passionate production and intrinsic motivation.

The social media sharing platforms you see today blooming all around
you survive from selling your reader's attention span, NOT the use value you have created yourself.

"The realization that contemporary workers are moving not just from job to job, but also from
jobs to non-jobs, and that in fact, what is most useful and meaningful
for them (and the market, and society) are not the paid jobs for the
market, but the episodes of passionate production.
"

 

Peer to peer governance,
if supported by new socio-economic regulations, including a universal
subsidy to all, could be the means by which individuals would be able to
govern themselves while engaging in the pursuit of their best interests
and passions.

 

The Peer to Peer Manifesto: The Emergence of the Peer to Peer Civilization and Political Economy

1. Our current world system is marked by a profoundly counterproductive logic of social organization:

a. it is based on a false concept of abundance in the limited material world; it has created a system based on infinite growth, within the confines of finite resources.

b. it is based on a false concept of scarcity in the infinite immaterial world;
instead of allowing continuous experimental social innovation, it
purposely erects legal and technical barriers to disallow free
cooperation through copyright, patents, etc…

2. Therefore, the number one priority for a sustainable civilization is overturning these principles into their opposite:

a. we need to
base our physical economy on a recognition of of natural resources
being finite, and achieve a sustainable steady-state
economy.

b. we need to facilitate free and creative
cooperation and lower the barriers to such exchange by reforming the
copyright and other restrictive regimes.

3. Hierarchy, markets, and even democracy are
means to allocate scarce resources through authority, pricing, and
negotiation; they are not necessary in the realm of the creation and
free exchange of immaterial value, which will be marked by bottom-up
forms of peer governance.

4. Markets, as means to manage scarce physical resources,
are but one of the means to achieve such allocation, and need to be
divorced from the idea of capitalism, which is a system of infinite
growth.

5. The creation of immaterial value, which
again needs to become dominant in a post-material world that
recognizes the finiteness of the material one, will be characterized by
the further emergence of non-reciprocal peer production system.

6. Peer production is a more productive system for producing immaterial value than the for-profit mode, and in cases of the asymmetric competition
between for-profit companies and for-benefit institutions and
communities, the latter will tend to emerge.

7. Peer production produces more social happiness, because

a. it is based on the highest form of individual motivation, nl. intrinsic positive motivation;

b. it is based on the highest form of collective cooperation, nl. synergistic
cooperation characterized by four winners (both the participants in the
exchange , the community, and the universal system).

8. Peer governance,
the bottom-up mode of participative decision-making (only those who
participate get to decide) which emerges in peer projects is
politically more productive than representative democracy, and will
tend to emerge in immaterial production. However, it can only replace
representative modes in the realm of non-scarcity, and will be a
complementary mode in the political realm. What we need are political
structures that create a convergence between individual and collective
interests.

9. Peer property,
the legal and institutional means for the social reproduction of peer
projects, is inherently more distributive than both public property
and private exclusionary property; it will tend to become the dominant
form in the world of immaterial production (which includes all design
of physical products).

10. Peer to peer as the relational dynamic of free agents, distributed networks
will likely become the dominant mode for the production of immaterial
value; however, in the realm of scarcity, the peer to peer logic will
tend to reinforce peer-informed market modes, such as fair trade;
and in the realm of the scarcity based politics of group negotiation,
will lead to reinforce the peer-informed state forms such as
multistakeholdership forms of governance.

11. The role of the state must evolve from the protector of dominant interests
and arbiter between public regulation and privatized corporate modes
(an eternal and unproductive binary choice), towards being the arbiter
between a triad of public regulation, private markets, and the direct
social production of value. In the latter capacity, it must evolve from
the welfare state model to the partner state model, as involved in enabling and empowering the direct social creation of value.

12. The world of physical production needs to be characterized by:

a. sustainable forms of peer-informed market exchange (fair trade, etc.);

b. reinvigorated forms of reciprocity and the gift economy;

c. a world based on social innovation and open designs, available for physical production anywhere in the world.

13. The best guarantor of the spread of the
peer to peer logic to the world of physical production is the
distribution of everything, i.e. of the means of production in the
hands of individuals and communities, so that they can engage in social
cooperation. While the immaterial world will be characterized by a peer
to peer logic of non-reciprocal generalized exchange, the peer-informed
world of material exchange will be characterized by evolving forms of
reciprocity and neutral exchange.

14. We need to move from empty and ineffective anti-capitalist rhetoric, to constructive post-capitalist construction. Peer to peer theory, as the attempt to create a theory to understand peer production, governance and property,
and the attendant paradigms and value systems of the open/free,
participatory, and commons-oriented social movements, is in a unique
position to marry the priority values of the right, individual freedom,
and the priority values of the left, equality. In the peer to peer
logic, one is the condition of the other, and cooperative individualism marries equality and freedom in a context of non-coercion.

15. We need to become politically sensitive to invisible architectures of power. In distributed systems, where there is no overt hierarchy, power is a function of design. One such system, perhaps the most important of all, is the monetary system, whose interest-bearing design
requires the market to be linked to a system of infinite growth, and
this link needs to be broken. A global reform of the monetary system,
or the spread of new means of direct social production of money, are
necessary conditions for such a break.

16. This is the truth of the peer to peer logical of social relationships:

a. together we have everything;

b. together we know everything.

17. At present, the world of corporate production is benefiting from the positive externalities of widespread social innovation
(innovation as an emerging property of the network itself, not as an
internal characteristic of any entity), but there is no return
mechanism, leading to the problem of precariousness. Now that the
productivity of the social is beyond doubt, we need solutions that
allow the state and for-profit corporation to create return mechanisms,
such as forms of income that are no longer directly related to the
private production of wealth, but reward the social production of
wealth.

 


Peer to Peer Innovation: Open Knowledge vs Proprietary Systems

1. The law of asymmetric competition: any
corporation or nation, facing a for-benefit institution as competitor,
which uses open and free forms of knowledge, participatory modes of
production, and commons-oriented knowledge pools, will tend to loose to
the latter.

2. Any nation or corporation using closed
proprietary formats of knowledge, cannot rely on participatory
communities for co-creation, and does not develop commons-oriented
knowledge pools, which tend to loose to those who do adopt such
practices.

3. Therefore, we need partner-state approaches and platforms
which enable and empower the social production of use value, and
mechanisms through which the benefits of private capture of positive
externalisations of social innovation, can flow back to the communities to make them more sustainable.

The Peer to Peer Economy

1. In the immaterial sphere

a. Diminish artificial scarcities in the informational field
so that immense social value can be created, and immaterial
conviviality can replace the deadly logic of material
accumulation.

b. Public authorities adapt partner state policies that enable and empower the direct creation of social value.

2. In the sphere of materiality

a. Introduce true costing in the material field
so that the market no longer creates negative externalities in the
natural environment; dissociate the marketplace from the system of
infinite material growth.

b. Create more distributed access to the means of production
(peer-based financing, distributed energy production, etc…) so that the
peer to peer dynamic can be introduced in the sphere of material
production as well.

 

Images by Scott Maxwell and Yong Hian Lim.