It's the "chaordic" approach envisaged by Dee Hock when setting up Visa.
Except I envisage (as did he, but the Banks would have none of it) that individuals - as well as intermediaries - would be members of the "chaordic" "partnership of partnerships" or "cooperative of cooperatives" that constitutes the enterprise model that results.
If a managing partner has a pre-agreed share of production or revenues then agency does not come into it. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
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