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The Econaut's Guide to Economic Space
  • Don't Panic!
  • Accounting
  • Agency
  • Agent
  • Arbitrage on intelligence
  • Attractor
  • Asset - Liability
  • Authoring futures
  • Autonomy
  • Big put
  • Capitalization
  • Capitalism
  • Chartalist money
  • Circuit of value
  • Clearing
  • Coin - Token
  • Collaborative finance
  • Collateral
  • Commodity
  • Commodity token
  • Commons
  • Computational medium
  • Co-reference
  • Credit
  • Cryptoeconomics
  • Cryptoeconomy
  • Dangerous game
  • Dealer function
  • Debt
  • Decentralized finance
  • Decision-making
  • Decolonised finance
  • Deconstruction
  • Derivative
  • Derivative community
  • Digitalization of economy
  • Discourse
  • Distributed
  • Distributed accounting protocol (Distributed book-keeping protocol)
  • Distributed credit protocol
  • Distributed exchange protocol
  • Distributed ledger
  • Distributed stake protocol
  • Dividend
  • Econaut
  • Econautics
  • Economic agent
  • Economic event
  • Economic expression
  • Economic grammar
  • Economic heresy
  • Economic intellect, Economic intelligence
  • Economic media
  • Economic network
  • Economic space
  • Economic space agency
  • Economic Space Agency (ECSA)
  • Economic space agent
  • Economic Space Protocol
  • Economy
  • ECSA token
  • Efficient market hypothesis
  • Exchange
  • Exchange Unit
  • Expression
  • Finance
  • Financial time that remains
  • Fundamental value, Fundamentals
  • General intellect
  • Gift
  • Governance
  • Grammar
  • Index
  • Indexical time
  • Information
  • Inside money/outside money
  • Issuance
  • Kybernetes
  • Language
  • Ledger
  • Liquidity
  • Liquidity crisis
  • Liquidity premium
  • Liquidity token
  • Living in the spread
  • Market
  • Market making
  • Medium
  • Metapragmatic grammar
  • Metapragmatics
  • Minting a coin
  • Modern Monetary Theory (MMT)
  • Money
  • Monetary economy
  • Monocracy
  • Navigation
  • Netting
  • Network
  • Network asset
  • Network commodity
  • Network derivative
  • Network premium
  • Offer
  • Outcome
  • Output
  • Peer-to-peer
  • Performance
  • Performance index
  • Performance script
  • Performative
  • Price
  • Postcapitalism
  • Postcapitalist economic media
  • Postcapitalist economic space
  • Postcapitalist information structure
  • Programmable economy
  • Protocol
  • Reciprocal stakeholding
  • Right
  • Risking together
  • Role
  • Security
  • Shorting capitalism
  • Social derivative
  • Space
  • Spread
  • Stability
  • Stake
  • Stakeholding
  • Stake token
  • Subjectivity
  • Surplus
  • Swap
  • Token
  • Trade
  • Trading agent
  • Unit of account
  • Value
  • Value graph
  • Value theory of performance
  • Volatility
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Capitalization

The process by which the value of illiquid investments can be made liquid -- used as money -- without having to be liquidated. This is done by allowing capital markets to price and hedge risk, at which point the difference between any asset and money can be priced out and disaggregated. Can be argued that in capitalism the process has found its limit, and the difference between social wealth and money is completely abolished. Capitalism is becoming-money of all social wealth.

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Last updated 1 year ago