Contributionism

The first version of contributionism is now complete! Contributionism is an economic model built around contribution. Contributionism focuses on the organisation and how they are owned, governed and incentivised. Contributionism represents an alternative to capitalism. 1/7

RT @lovegrovegeo: Contributionism could continue to focus on being about organisations such as how they are owned, governed and operated.…

Initially, contributionism was focussed on the company structure as being the most important part of the economic system that we call capitalism. After a year of learning different economic ideas and reflecting on this initial approach I changed my mind. Capitalism is more broadly defined, so the content has now been updated to reflect that instead of trying to redefine the term capitalism. The core problem that was identified in contributionism was mostly around perpetual shares of ownership which is a common implementation for share structures that are adopted within companies limited by shares. Contributionism now focuses on the problems with companies limited by shares, at least as they are commonly implemented. Contributionism could go down two different paths, and i'll make a separate post for that.

Contributionism has been updated to focus more on the problems of companies that are limited by shares. You can read the new update the changes here - contributionism.io

@baileylloyd211 @W3Association Are you referring to another persons usage of the term Contributionism? We're not the first people to use it the word

georgelovegrove.substack.com/p/web3-and-dem… The system of money is broken. Silvio Gesell is an economist you have likely never heard of. But his understanding of the problems of money are of paramount importance if we want to fix the global economy. Gesell's solution? Demurrage money. Money that has carrying costs - which means it cannot be stored without some form of gradual loss. Applying his ideas to Web3 has been exciting, as the application of demurrage in Web3 could result in making some of the most impactful and incentive aligned economic systems that have ever existed. We've just finished an article to discuss the ideas and opportunities for Web3 and demurrage money

Contributionism will have it's day. Though first we need to fix the system of money. Contributionism can then follow. Let's fix the global economy brick by brick.

We're bringing our resources together under a new initiative called the Web3 Economy - web3economy.io This initiative will explore how our economies could be completely transformed using Web3 technology.

Contributions are the foundation of any economy. Contributionism helps to ensure that contributions are the beating heart of every organisation. 🔗 Learn more - contributionism.co 7/7

There is a massive opportunity to create organisations with better aligned incentives that fairly respect and reward all contributions that get made towards an organisation. 6/7

The first version of contributionism is now complete! Contributionism is an economic model built around contribution. Contributionism focuses on the organisation and how they are owned, governed and incentivised. Contributionism represents an alternative to capitalism. 1/7

🔗 Link - docs.contributionism.co/resources/cont… 🔗 Link - docs.contributionism.co/resources/road…

A roadmap with some initial tasks has been added to outline some of the next steps for improving and sharing Contributionism as an economic model. A contribution table has also been started to document the contributions that have been made towards this initiative.

🔗 Link - docs.contributionism.co/contributionis…

The principles now have a compliance section summarising how they should be adopted. Most of these principles are flexible in how they could be adopted. Contributors ultimately need to collectively decide themselves how they want to govern and operate their organisation!

🔗 Link - docs.contributionism.co/contributionis…

All of the critiques about capitalism have now been moved to a separate section and have been expanded on. The principles and characteristic sections now only focus on the suggestions being made for contributionism.