The Rocky Transition to a Natural, Gift Economy. Dave Pollard.
“Consider how many hundreds of millions of people are freely participating in currencies like five-star product ratings, eBay reputation, user participation metrics, certifications, college degrees, performance reviews, stocks, stamps, movie tickets, etc. in contrast to how few are participating in general purpose money substitutes (LETS, Berks, local currencies, and even commercial barter).”
“I would contend that the quid pro quo social contract is a pioneer species in the social realm. Imagine you are meeting someone for the first time. Early interactions with this person are most likely in the quid pro quo space. Perhaps you try to talk for no more than half of the time. Perhaps you alternate who pays for the meals you eat out together. Perhaps you trade a ride to the airport for a day of dog sitting. In all cases, quid pro quo is used because you arent familiar with the person yet. As you become more familiar with each other, the ride to the airport probably doesnt have strings attached, the meals become less formally tracked, and conversation may ebb and flow more naturally. Quid pro quo created the conditions for the other more advanced social contracts to emerge. “
“When communities can create their own currencies, they don’t have to export their own wealth to get money to use for trade. They can start trading right away and export later if they so choose.”
“the amazing ladies at bash please asked us to make a custom collection of bow ties for a private party.”
Jenn likes these ones.