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Our Agenda

A conscious acknowledgement of our common purpose as fulfilment without harm so we may organise ourselves, our justice systems, our economies, our organisations, and our societies to enable our pursuit of it. The organising principle of fulfilment without harm must override the pursuit of money and/or power. Specifically: (more...)

Thursday, January 13, 2011

The Market

Pursuing fulfilment without harm leads to markets that encourage the pursuit of fulfilment without harm, not the pursuit of power and money with harm.

Pursuing power and money with harm leads to markets that restrict the pursuit of fulfilment without harm and encourage the pursuit of money and power with harm.

A new or evolving market model that creates financial incentives to do right and ameliorates financial incentives to do wrong is the internet. It has this facility.

The internet can incorporate a non-patent, author only, intellectual rights model that furthers and sustains individual contribution in voluntary partnerships and open membership collaborations and projects.

Online costs of transaction are so low as to be almost entirely negligible. They are entirely digital and automatic. They are a fraction of the total cost no matter how small the cost is. Newspaper articles can be 1c or 1p an article and be viable as the transaction cost is still a proportion of the cost.

Fractional transaction costs are a vital ingredient, allowing total costs per unit to be tiny when the product is entirely digital. A sustainable income for digital product sales is based on massive unit sales and employs the global market aspect of the web. The incomes are generally low or reasonable, rarely excessive, and they are often individual, directly to the producer or to a collaboration of equal producers.

In the new market place, promotion via website is close to free. All of us have a site or many promoting different aspects of ourselves and our services and products we produce (our contribution).

Collaborations vary according to individual projects. They can be short or long. Work requirement variations are limitless. They can be partnership and/or membership based. We can become a member (or subscriber) of any project we are interested in, even without contributing (becoming a member-subscriber is a part of contribution).

The danger is that governments act to protect profit-structured organisations rather than our individual rights. In this scenario governments attempt to legislate the internet for profit-structured organisations ‘right’ to profit against our rights to fulfilment without harm.

This legislation protects organisation profits and allows them to restrict the diminished transaction and duplication costs the internet enables to extract higher profits. In this scenario prices remain high and are forced higher as corporations gain the ability to persecute through the courts those of us that trade or share any product that the corporations claim a property right to.

In this scenario corporations regain control of prices and keep them high. The diminishing cost model of the internet is damaged. High prices reduce distribution of resources, information and product, and curtail further production. Individual contribution is limited.

The alternative scenario is that the law protects our human rights on the web and our purpose of fulfilment without harm.

The new market model is vitally important to not just trade, but to every aspect of our fulfilment in contributing without harm. Because of its breadth, this is not a single issue matter. It could constitute the foundation of a universal movement and party. It is a central tenet of our common purpose and its viability.

[Excerpt from The Common Purpose Manifesto]

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