Wednesday, January 16, 2013

Five Interwoven Economies: Subsistence, Gift, Exchange, Planned, and Theft


This video presents a simplified education model about socioeconomics and technological change. It discusses five interwoven economies (subsistence, gift, exchange, planned, and theft) and how the balance will shift with cultural changes and technological changes. It suggests that things like a basic income, better planning, improved subsistence, and an expanded gift economy can compensate in part for an exchange economy that is having problems.

The text for the presentation is here: http://www.pdfernhout.net/media/FiveInterwovenEconomies.pdf

The content is under the CC-BY-SA license and you are encouraged to build on it, but the video itself is under CC-BY-ND. If you make derivatives, you can credit Paul Fernhout at http://www.pdfernhout.net/