Assignment 2.1


1) Describe an experience you had which links to these P2P project or ideas–these can be in the digital or natural realm, or it can be imaginary, as in a community you think should exist but doesn’t yet. (e.g. should education/knowledge be a for-profit or a sharing economy? Should youth pay to be educated? If not how do teachers earn a livelihood? Get creative.)

One idea I had for a P2P project would be creating a website that allows people to connect and communicate about different projects and business ideas. Basically the website would allow people to join by either paying a subscription, possibly free with advertisements going to the owners and admins, or simply a free community to find people of similar interests that want a co-founder or worker to help them complete their dreams. This would be very similar to that of the OD&M company that provides Open Design and Manufacturing groups and people to connect about producing the items, software, or anything they are really interested in together. It can connect business groups that can be mutually beneficial to each other where they are able to share ideas, codes, information and many different advantageous things to boost each others business financially, socially and allow for extremely quick, navigable  networking options for hundreds-of-thousandths of people around the globe.

2) Select a few quotes and paste them in a response and explain how the ideas help you think more deeply or clearly about how a culture organizes its resources (i.e. an economy)

This would be very similar to that of the OD&M company that provides “a Knowledge Alliance dedicated to create and support communities of practices around the Open Design & Manufacturing paradigm, making the most of openness, sharing and collaboration to create new value chains of innovation in design and manufacturing oriented to the social good.” This was a good quote that I reused for the second question here, because it helped inspire my idea about having a P2P website allowing people to connect for creating projects in which those people have similar interests.

3) List a few alternatives to capitalist economic structures.  Describe some of the features that make them different. Try to describe how your life might be changed by the establishment of one of these alternatives.  You might describe a chronology of a day, or a scene in which you interact with a new structure.  This can be humorous, satiric, hopeful, visionary.

It’s very difficult to determine alternatives for capitalism, but it could be possible if we somehow eliminate the need for the use of currency and alter our financial system to a different maybe more digital realm. The uprising of digital currencies like Bitcoin, Litecoin and many more are creating waves of income, but the issue is they are extremely expensive and have a limited amount so only the richest people can afford to buy them. There are ways to “mine” them but this is extremely time consuming and not very effective. If we could possible distribute them throughout the world and people could save resources, and the issues of ATMs and progress banking to a new level.

4) Wright describes 4 strategies for tackling capitalism: smashing capitalism, taming capitalism, escaping capitalism, and eroding capitalism.  But he says that only taming and eroding will work.  Describe these two strategies, explain why they would work better than the other two, and try to find some examples of these in your own town, community, school, family or state…Describe these examples and explain why they might be part of the grass-roots alternatives Wright is describing.

Taming capitalism and eroding capitalism are two different ideas related to recreating the ideas of our financial world. Taming capitalism refers to a more socially democratic world where it would support the elites while attempting to eliminate the hazardous effects that are being pushed upon the poor. Eroding capitalism is different in the fact that it will more uproot public works in a different way that would let them be run by worker owned cooperatives and “in the long
term, capitalism could be transformed — eroded — and potentially superseded by a
more emancipatory alternative through the steady expansion of these non-capitalist,
democratic, egalitarian forms of economic life” (Wright).  These two would reshape the way the economy works in our world and provide those who need funds and those who have them a better more beneficial way around in the world.