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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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Living in the spread

The ECSA project is designed to open a spread between capitalist and post-capitalist futures. We try to use capitalism’s historically consolidated capacities (which actually are our capacities), including the power of financial instruments and computing, to wager on postcapitalist outcomes. Contrary to capitalism, ECSA’s arbitrage on intelligence is to reduce the cost to the planet for collective re-imagination and re-organization, while also collectivizing the returns on the benefits of creating more convivial forms of life. By utilizing the accumulated knowledge implicit in financial instruments and computing derived from, but not beholden to, capitalism, we are creating a grammar for postcapitalist economic expression. We believe that a clear spread will open between what the old and the new economic grammar make possible - there is a clear difference in their expressive capacity, accessibility, stability, adaptability, scalability, privacy, functional equality and programmability. Now, besides politically and technically, we can frame this as a spread also financially. Investing in the creation of new economic grammar is trading the spread, taking a long position of an alternative to capitalist modes of valuing. But we also depict it as a short position: those who recognize pointers to capitalism’s loss of legitimacy may want to place a bet against it. Bitcoin may be a short position on capitalist money. But the ECSA token offers a short position on the capitalist economy and culture. The ECSA token holders retain the option to support the build-out of postcapitalism or cash out. We call this “living in the spread.” Can you afford to risk building a different economy; can you afford not to risk building one? Full financialization has made precarity and risk part of life. The ECSA token allows us to meaningfully risk together on a different future because it helps us build it.

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Last updated 1 year ago