The consequences of dis-intermediation of the financial system - which is continuing - and the consequent transition from a transaction-based economy to a service-based economy will change everything IMHO. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
I would have some (a lot, actually) interest in reading about the possible consequences of the emergence of a peer to peer relationship model as opposed to the the current intermediation model that exists in many of human activities.
Thanks
I wrote
Market 3.0
about seven years ago and was interested to see it recently taken up by Michel Bauwens of the P2P Foundation on his blog.
The stuff on my site concerning what I call
Open Capital
has long since gone from the conceptual to practical application (in Scotland , mainly) of the partnership-based dis-intermediated legal and financial structures or "enterprise models" I observe emerging and suitable for frameworks for "Peer to Peer" direct connections.
This subject litters my ET Diaries and comments - ad nauseam for many here I know, although I think I have made a few "converts"! "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
