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Post-Capitalist Entrepreneurship : Startups for the 99% - Boyd Cohen

Post-Capitalist Entrepreneurship

Startups for the 99%

By: Boyd Cohen

Hardcover | 21 September 2017 | Edition Number 1

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The Occupy Movement with the 'We are the 99%' slogan, emerged as a reaction to a perception that the market-based form of capitalism employed in the US, and to differing degrees in democracies around the globe, is beyond broken. The average citizen has grown increasingly convinced that the system is set up to help the rich get richer. Data on income inequality, such as the Gini Index, suggests that the public perception may be an accurate one. In recent years we have seen a growth in calls for a new economic model, some refer to as post-capitalism.

Proponents of a post-capitalist society see greater changes needed. Rushkoff, for example, explored how the knowledge society is not leading to greater income distribution and the rising of all boats, but actually exacerbating the wealth accumulation in the hands of the one percent. Both Rushkoff and Mason (2016) lament the emergence of megaplatform digital peer to peer (P2P) 'monopolies', like Airbnb and Uber which seek global domination at all costs arguing that P2P platforms owned by ambitious, venture capital-backed corporations do not necessarily lead to further equality and amount to what my colleague and founder of Shareable, Neal Gorenflo, calls 'platform deathstars.'

Yet Rushkoff refuses to actually blame executives and investors in Silicon Valley for the crisis of capitalism. Instead, he argues that they 'are themselves caught up in a winner-takes-all race for dominance against all other other digital behemoths. It's grow or die (pp.3-4).'

If we may in fact already be in the transition to a post-capitalist society, than what does this mean for entrepreneurs, not just in Silicon Valley but globally? This book is about understanding the implications of the post-capitalist society for our knowledge about entrepreneurship around the globe and challenges many of our underlying assumptions about how entrepreneurs form startups, with what objectives and the role, or lack thereof, for startup investors in a post-capitalist society. Furthermore, the book will have a strong focus on exploring real emerging stories and thinking about different forms of post-capitalist entrepreneurship (PCE) with chapters dedicated to subjects such as alternative currencies (local, crypto and time banking) and the emergence of Distributed Autonomous Organizations (DAOs), leveraging the blockchain. It will also explore some hybrid approaches which are on a continuum between market capitalism and PCE, such as platform coops within the sharing economy and benefit corporations (e.g. B Corporations).

Industry Reviews

In the online economy today, entrepreneurs and users alike need better options-and this is a great place to start. Boyd Cohen has created an essential roadmap for how real-world enterprises can discover opportunities the VCs won't tell them about.

  • Nathan Schneider, University of Colorado Scholar in Residence, Co-founder, Platform Cooperativism

Business as usual? not necessarily! Boyd Cohen shows us how alternative business are quickly making their way to become the new normal.

  • Javier Creus, Founder, Ideas for Change

We live in oxymoronic times. On the one hand market capitalism seems stuck in a planet destroying groove where a general rising tide of wealth is not lifting all boats. On the other, we are seeing a new plural flourishing of energy, innovation and social entrepreneurship. Post-capitalist Entrepreneurship by Boyd Cohen, makes the compelling case that we are in a moment of transition and that the next wave entrepreneurship can be at the vanguard and foreshadow a more just, greener, and distributed post capitalist economy.
The book, picks up on the buzzy range of alternative forms of organizing in a post capitalist economy, and highlights the role of the next entrepreneurs in accelerating that. In this, through a range of fascinating case studies and working examples, the ideas are brought to life and brings with it an abiding optimism and positivism. In a world with much pain and angst, this book does the reader a service. Whilst not ignoring the perils, it serves to direct our gaze onto the good which is here right now, and then some - it stretches us to imagine what could be.

  • Neil McInroy, CEO, Centre for Local Economic Strategies (CLES)

Boyd Cohen does a great job at mixing and at the same time clearly categorizing emergent new business and new entrepreneurial behaviours based on technology developments shaped by XXIst century ethics (platforms, DAOs, alternative finances, etc.).

A very necessary, timely and optimist look at a post-capitalism future balancing what's technically feasible with what's socially desirable.

  • Albert Canuigueral, Ouishare Spain

We can't continue to live with extractive forms of entrepreneurship that contribute to the ecological weakening of our planet and dangerous social inequalities, but just as importantly we can't live without new forms of 'generative' entrepreneurship that work with natural and human commons and communities, and create livelihoods for everyone. This shift is the subject of this important book, which asks, based on extensive documentation from the new actors themselves: what new forms of business do we need for this era of transition? Boyd Cohen is providing us a great service by guiding us through the new forms we need. For the young people seeking to construct a sustainable and fair future, this is a must.

  • Michel Bauwens, Director and Founder, P2P Foundation

A different type of innovation is possible - and desirable. One that doesn't rely on VC and proprietary assets to produce value for the few. In this book Boyd Cohen accurately reveals a new paradigm for entrepreneurship that harnesses the potential of new technologies to nurture commons, fosters innovation at the grassroots level and produces abundance. By shedding light on new approaches and opportunities, this book can inspire entrepreneurs to adopt more contributive models to address social, economic and environmental challenges at scale.

  • Mara Balestrini, Research director at Ideas for Change and Project Manager at Fab Lab Barcelona

In this book, business professor Boyd Cohen proposes ways of thinking and acting differently: he combines open innovation, open data, and alternative currencies, the platform co-op model, and blockchain technologies to frame a new imaginary for a post-capitalist economy. Required reading.

  • Trebor Scholz, Associate Professor for Culture & Media, The New School and Co-founder, Platform Cooperativism

Post-capitalist Entrepreneurship by Boyd Cohen, makes the compelling case that we are in a moment of transition and that the next wave entrepreneurship can be at the vanguard and foreshadow a more just, greener, and distributed post capitalist economy.

  • Neil McInroy, CEO, Centre for Local Economic Strategies (CLES)

In the online economy today, entrepreneurs and users alike need better options-and this is a great place to start. Boyd Cohen has created an essential roadmap for how real-world enterprises can discover opportunities the VCs won't tell them about.

  • Nathan Schneider, University of Colorado Scholar in Residence, Co-founder, Platform Cooperativism

Business as usual? not necessarily! Boyd Cohen shows us how alternative business are quickly making their way to become the new normal.

  • Javier Creus, Founder, Ideas for Change

We live in oxymoronic times. On the one hand market capitalism seems stuck in a planet destroying groove where a general rising tide of wealth is not lifting all boats. On the other, we are seeing a new plural flourishing of energy, innovation and social entrepreneurship. Post-capitalist Entrepreneurship by Boyd Cohen, makes the compelling case that we are in a moment of transition and that the next wave entrepreneurship can be at the vanguard and foreshadow a more just, greener, and distributed post capitalist economy.
The book, picks up on the buzzy range of alternative forms of organizing in a post capitalist economy, and highlights the role of the next entrepreneurs in accelerating that. In this, through a range of fascinating case studies and working examples, the ideas are brought to life and brings with it an abiding optimism and positivism. In a world with much pain and angst, this book does the reader a service. Whilst not ignoring the perils, it serves to direct our gaze onto the good which is here right now, and then some - it stretches us to imagine what could be.

  • Neil McInroy, CEO, Centre for Local Economic Strategies (CLES)

Boyd Cohen does a great job at mixing and at the same time clearly categorizing emergent new business and new entrepreneurial behaviours based on technology developments shaped by XXIst century ethics (platforms, DAOs, alternative finances, etc.). A very necessary, timely and optimist look at a post-capitalism future balancing what's technically feasible with what's socially desirable.

  • Albert Canuigueral, Ouishare Spain

We can't continue to live with extractive forms of entrepreneurship that contribute to the ecological weakening of our planet and dangerous social inequalities, but just as importantly we can't live without new forms of 'generative' entrepreneurship that work with natural and human commons and communities, and create livelihoods for everyone. This shift is the subject of this important book, which asks, based on extensive documentation from the new actors themselves: what new forms of business do we need for this era of transition? Boyd Cohen is providing us a great service by guiding us through the new forms we need. For the young people seeking to construct a sustainable and fair future, this is a must.

  • Michel Bauwens, Director and Founder, P2P Foundation

A different type of innovation is possible - and desirable. One that doesn't rely on VC and proprietary assets to produce value for the few. In this book Boyd Cohen accurately reveals a new paradigm for entrepreneurship that harnesses the potential of new technologies to nurture commons, fosters innovation at the grassroots level and produces abundance. By shedding light on new approaches and opportunities, this book can inspire entrepreneurs to adopt more contributive models to address social, economic and environmental challenges at scale.

  • Mara Balestrini, Research director at Ideas for Change and Project Manager at Fab Lab Barcelona

In this book, business professor Boyd Cohen proposes ways of thinking and acting differently: he combines open innovation, open data, and alternative currencies, the platform co-op model, and blockchain technologies to frame a new imaginary for a post-capitalist economy. Required reading.

  • Trebor Scholz, Associate Professor for Culture & Media, The New School and Co-founder, Platform Cooperativism

Post-capitalist Entrepreneurship by Boyd Cohen, makes the compelling case that we are in a moment of transition and that the next wave entrepreneurship can be at the vanguard and foreshadow a more just, greener, and distributed post capitalist economy.

    • Neil McInroy, CEO, Centre for Local Economic Strategies (CLES)

    We can't continue to live with extractive forms of entrepreneurship that contribute to the ecological weakening of our planet and dangerous social inequalities, but just as importantly we can't live without new forms of 'generative' entrepreneurship that work with natural and human commons and communities, and create livelihoods for everyone. This shift is the subject of this important book, which asks, based on extensive documentation from the new actors themselves: what new forms of business do we need for this era of transition? Boyd Cohen is providing us a great service by guiding us through the new forms we need. For the young people seeking to construct a sustainable and fair future, this is a must.

    • Michel Bauwens, Director and Founder, P2P Foundation

    A different type of innovation is possible - and desirable. One that doesn't rely on VC and proprietary assets to produce value for the few. In this book, Boyd Cohen accurately reveals a new paradigm for entrepreneurship that harnesses the potential of new technologies to nurture commons, fosters innovation at the grassroots level and produces abundance. By shedding light on new approaches and opportunities, this book can inspire entrepreneurs to adopt more contributive models to address social, economic and environmental challenges at scale.

    • Mara Balestrini, Research director at Ideas for Change and Project Manager at Fab Lab Barcelona

    In this book, business professor Boyd Cohen proposes ways of thinking and acting differently: he combines open innovation, open data, and alternative currencies, the platform co-op model, and blockchain technologies to frame a new imaginary for a post-capitalist economy. Required reading.

    • Trebor Scholz, Associate Professor for Culture & Media, The New School and Co-founder, Platform Cooperativism

    Post-capitalist Entrepreneurship by Boyd Cohen, makes the compelling case that we are in a moment of transition and that the next wave entrepreneurship can be at the vanguard and foreshadow a more just, greener, and distributed post capitalist economy.

    • Neil McInroy, CEO, Centre for Local Economic Strategies (CLES)

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