Framework: Collaborative Economy Honeycomb Above: Version 1.1 of the Collaborative Economy Honeycomb Added new Airbnb logo Understand the Collaborative Economy market in one, single image. Please share widely, with attribution, non-commercially: Click image to see JPG version 3,600 X 2,250 The Collaborative Economy enables people to efficiently get what they need from each other. Similarly, in nature, honeycombs are resilient structures that efficiently enable many individuals to access, share, and grow resources within a common group. In this visual representation, the sharing economy is organized into six discrete families of goods, services, space, food, transportation and money. The companies listed in this graphic are just a small representation. Notable Industry Stats: One of the inspirations for this graphic was the work of friend and former colleague, Brian Solisdid, on the first phase of sharing, which originally catalogued social media as the Conversation Prism. The crowd is becoming like a company.
Distributism - Wikipedia Doctrine in opposition to both socialism and capitalism Distributism is an economic theory asserting that the world's productive assets should be widely owned rather than concentrated.[1] It was developed in Europe in the late 19th and early 20th centuries based upon the principles of Catholic social teaching, especially the teachings of Pope Leo XIII in his encyclical Rerum novarum (1891) and Pope Pius XI in Quadragesimo anno (1931).[2][3][4] It views both capitalism and socialism as equally flawed and exploitative, and it favors economic mechanisms such as small-scale cooperatives and family businesses, and large-scale antitrust regulations. Some Christian Democratic political parties have advocated distributism in their economic policies. Overview[edit] Background[edit] The mid-to-late 19th century witnessed an increase in popularity of political Catholicism across Europe.[19] According to historian Michael A. Position within the political spectrum[edit] Economic theory[edit] Banks[edit]
Marcora Law The Marcora Law - Multiplying the employees’ stakes Italy’s Marcora Law (law 49/85) allows redundant workers to use their accumulated unemployment benefit to capitalise a buyout co-operative . It thus forms part of the welfare bridge from unemployment to self-employment. A summary of the Marcora Law’s provisions FONCOOPER, a fund for the general promotion of co-operatives CFI, a revolving loan fund invested in phoenix co-operatives employees’ investment matched threefold maximum of three years’ unemployment benefit can be capitalised corporate investors permitted up to 25%, providing networking support specialist monitoring and advisory body established €40m invested 89 businesses and 3,100 jobs saved (by end 1992) 10% failure rate of co-ops 5% of capital and jobs lost through failures The institutional set-up The Marcora Law was passed on 27 February 1985, and provided state backing for two funds to support co-operatives. Encouraging risktaking and adequate capitalisation References
Railroad Bonds website watertownhistory.org ebook History of Watertown, Wisconsin Railroad Bonds One of the most dramatic incidents in the history of Watertown is the story of the railway bond issues. In times ago there was a group of industrious individuals who had the fascinating habit of investing other people’s money. Encouraged by their previous success in Watertown the corporators of the Milwaukee and Watertown Road made an effort to get a second issue of bonds from this source. The bond question played a prominent part in the city’s politics for many years. During the following years, Watertown was literally without a government. One can find the legal history of this case in every law textbook in the land. The long tedious struggle resulted in a victory for the city, and a joyous celebration was held at which many of the bonds were burned in public. It retarded Watertown’s growth, once one of the largest and most promising communities in the state. Our Railroad Bonds Have Ruined Us Messrs. J. Index
Escrow - Wikipedia Arrangement for holding funds by a 3rd party Types[edit] Escrow generally refers to money held by a third party on behalf of transacting parties. It is mostly used regarding the purchase of shares of a company. It is best known in the United States in the context of the real estate industry (specifically in mortgages where the mortgage company establishes an escrow account to pay property tax and insurance during the term of the mortgage).[3] Escrow is an account separate from the mortgage account where deposit of funds occurs for payment of certain conditions that apply to the mortgage[clarification needed], usually property taxes and insurance. An unrelated type of escrow is when a purchaser of a complex system, such as bespoke process control software or a large industrial installation, may require the supplier to place the design into source code escrow, so that the purchaser remains in a position to maintain and modify the system in case of the demise of the supplier. Banking[edit]
A new trend line for global banking After climbing for 30 years, the share of economic activity attributable to bank revenues fell in the wake of the global financial crisis. Looking forward, revenues could flatline at about 5 percent of GDP through 2020 (exhibit). In fact, that’s our base scenario for the global banking industry—one that implies growth at the same rate as nominal GDP, following the pattern of other industries. In developed markets, factors contributing to this trajectory include deleveraging and stiffer regulatory regimes that will require higher bank-capital ratios. Exhibit Banking’s growth as a share of global economic activity may be leveling off. Enlarge About the authors Miklos Dietz is a principal in McKinsey’s Budapest office, where Tamas Nagy is a consultant; Philipp Härle is a director in the London office.
Mars Direct to 1,000 person Mars Town Threshold pledge system - Wikipedia When the threshold is reached, the pledges are called in (or transferred from the escrow fund) and a contract is formed so that the collective good is supplied; a variant is that the money is collected when the good is actually delivered. If the threshold is not reached by a certain date (or perhaps if no contract is ever signed, etc.), the pledges are either never collected or, if held in escrow, are simply returned to the pledgers. In economics, this type of model is known as an assurance contract. This system is most often applied to creative works, both for financing new productions and for buying out existing works; in the latter cases, it is sometimes known as ransom publishing model[1] or Street Performer Protocol (SPP).[2] Street Performer Protocol[edit] If the artist releases the work on time, the artist receives payment from the escrow fund. Ransom model in software[edit] History[edit] However, there are a number of differences between this traditional model and the SPP.
What A Detroit Supper Club Teaches Us About Co-Creativity A social movement is underway in downtown Detroit. Each month, 100 or so individuals pay $5 for admission to a loft, where they eat a dinner of organic soup (and other foods) prepared by volunteers. Diners share ideas and connections, hear presentations from artists who are working on projects aimed at improving the city, and then vote on which project will receive proceeds from the evening's dinner. Detroit SOUP organizers call the gathering "a democratic experiment in micro-funding," but it’s much more than that: It’s an example of the power of co-creativity, and it represents the way forward for organizations that want to remain relevant and reach consumers in an authentic way. In recent years, crowdsourcing has become a trendy tactic for soliciting input and engaging consumers, but in reality this approach is nothing more than an open call for submissions. Yesterday, businesses succeeded through industrial or technological expertise, with little need to converse with consumers.
Space Mining Projects Raise Legal Questions | Space GOLDEN, Colo. – Private groups are shaping business plans to tap into the resource-rich environs of outer space. Early celestial targets with commercial cross hairs on them are the moon, as well as asteroids. While the financial backing, technology and entrepreneurial spirit to mine asteroids and other space targets is jelling, yet to be grappled with is a mix of thorny issues, such as property and mineral rights, ownership and possession, international treaties, as well as the big "C" — not for Cosmos, but for Capitalism. It’s true that in space nobody can hear you scream, but it's also assured that the voices from legal eagles will be soundly heard. A Space Resources Roundtable that convened here in June brought together experts to address off-Earth resources, private development and the legal issues ahead. What route to mine space? Gertsch told SPACE.com that legal experts appear divided on what route is most likely, increasing the current difficulty of making business plans for space.