Date: 2024-10-19 Page is: DBtxt003.php txt00005841
Ideas
Alan Longley
Some ideas about collaboration ... maybe this will lead to a better understanding of exchange, wealth, metrics and money
Burgess COMMENTARY
Peter Burgess
Gmail Peter Burgess
Peter,
Although the below piece of writing isn't quite ready for fund raising document, it might be something that you and I could agree upon.
From the point of view of wealth building through securities, the dominant algorithm is to save cash for years until enough is had to invest in shares. The ancient nature of savings is likely the reason it isn’t usually called an ‘algorithm’. Savings is a heuristic that occurs over long periods of time. We promote the implementation of alternative wealth building algorithms, including one we call microshares. Microshares may be structured as shares of common stock, or fractions of shares, which are sold to the public in conjunction with merchandise or services sales, or sold upon signing a contract to purchase goods or services in the future. Please pay close attention to the last phrase, which emphasizes that shares may be received now in exchange for goods or services that will be conveyed in the future.
Extant accounting processes and procedures are also dominated by tradition, a tradition that fails to account for externalities. For instance, there is an externality, pestiferous to many, that most people never save enough to buy shares, which remain the province of the wealthy.
By uniting buying power and exchanging it for shares in the attendant future business, an alternative wealth building algorithm is available. The platforms which accomplish this could also institute accounting methods that track multidimensional accounting externalities. Recently promulgated rules and regulations concerning crowd funding create an environment in which such a system could thrive.
Of course such new platforms would struggle with initial inefficiencies. People going hungry anyway might be about ready to put up with these initial difficulties.
Alan
collaborative suggestion
alan longley
Fri, Oct 25, 2013 at 1:43 PM
To: Peter Burgess
Wealth building is always done within the context of other objectives and concerns, some of which might seem to contradict wealth building. For example, an investor might hope to maximize returns from a portfolio of common stocks and therefore favor - or even try to effectuate through political maneuver - low corporate tax rates. But should these political efforts be so successful as to thwart the usability of infrastructure, the returns from the stocks might drop. Say roads become impassable and the corporations are little able to do business. This is admittedly an extreme outcome. But there are many less extreme outcomes within the context of a multiplicity of objects that typically remain outside the vision of wealth builders. One reason for this blindness is the lack of accounting systems that convey multidimensional outcomes.