f4dfbc No.163
Is anyone here familiar with the concept of economic phyles?
What are your thoughts on this idea?
For those who are unfamiliar, here's some good resources to help you understand the concept:
http://p2pfoundation.net/Phyles -General overview
http://www.caseyresearch.com/cdd/doug-casey-phyles -Expository interview on the subject
http://youtu.be/7Xv4zHMLAUw -A video which helps to explain the pretext for phyles
http://library.uniteddiversity.coop/REconomy_Resource_Pack/More_Co-operative_Inspiration/Phyles-Economic_Democracy_in_the_Network_Century.pdf -A short book if you're really into it
As I understand it, phyles are globally distributed groups of producers united by a common idealogy. There is very little power structure within a phyle, and members of the phyle all hold a share of it. Kind of like cooperative businesses nowadays, but on a global scale.
Pic related, it's a distributed network.
b610b8 No.165
I got a few minutes into his presentation and he demonstrated a profound ignorance of fundamental economics. As such, I'm not interested in his economic theories.
That said, people can choose to organize themselves into groups however they want, and so long as the associations are voluntary, I don't have a problem with it. You're going to need a price system to manage resources on large scales, and some kind of trust system for dispute avoidance and resolution.