Protocols for Postcapitalist Economic Expression

Agency, Finance and Sociality in the New Economic Space

By: Akseli Virtanen, Jorge Lopez, Dick Bryan

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Paperback | 1 November 2023

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192 Pages

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15.2 x 22.8 x 1.5

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In Protocols for Postcapitalist Economic Expression Bryan, Lopez and Virtanen build the conditions for such a system. Where economic processes are not dictated by profit, what counts as value-creation, and is rewarded by dividends, can be collectively determined by the network. Care, the arts, the environment will not be after-thoughts, to be subsidized by states or the rich: they can be at the core of the economy''s value proposition. This book develops protocols that can generate all these processes. A blend of theoretical engagement with big economic ideas (Marx, Keynes, Hayek and others), media and information analytics and careful protocol design of token-related processes of distributed exchange, matching, netting and clearing, Protocols systematically builds an alternative to neoliberal capitalism, centrally-planned socialism and reformist social democracy. In an expressive, creative, risk-sharing, data-rich network of investing, producing, exchanging and lending, standard economic propositions get stood on their heads... and new political possibilities emerge.

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