Comrade1
10th December 2010, 02:39
I have a question, who would give these vouchers and how do we know if people are being honest about it?
ckaihatsu
10th December 2010, 06:41
I have a question, who would give these vouchers and how do we know if people are being honest about it?
As one who advocates and advances a type of post-capitalist political economy that uses circulating labor credits, I appreciate this question / issue.... (Please see my blog entry, and the scenarios at the links at the end of it.)
We've already experienced and are living in the Information Revolution, so any issues that can be solved with open, published, transparent information shouldn't be too difficult to do -- I conceptualize a system of (major) asset co-administration being done on Wikipedia-like wiki pages, with the same process used by a liberated labor for running its factories collectively as we see today in determining what information is most appropriate for any given Wikipedia page.
In the model that I developed and advocate I conceive of labor credits as circulating the way cash does today, but which are only derived on the basis of actual labor hours worked, and which can only be received from those who possess them to give (from *their own* previous labor efforts expended). The initial origination and subsequent administration of these circulating labor credits would necessitate oversight, so this is where your question comes in (for this particular context, or model).
The model posits geographical-based 'localities' defined as any local and/or dispersed grouping of liberated laborers who either expend initial, pooled labor efforts as backing for the locality's own reserves of labor credits or else willingly collectively sign-on as a group of individuals to issue debt-based labor credits in the name of the locality. (Note that these labor credits, as defined, would not be subject to financialization or fluctuations in their ascribed value in any way.)
Each locality, then, could simply have a Wikipedia-like page that documents the history of that locality's liberated labor membership composition, any issuances of labor credits, the history of liberated labor efforts expended to back those labor credits, and/or the grouping of individual liberated laborers who have signed-on to issue debt-based labor credits in the locality's name.
By extension, those localities with stronger backing, through actual work done, would have larger reserves of labor credits from which to make plans for future work projects that could require larger groupings of liberated laborers to be brought on and subsequently paid for from the locality's reserves. Those localities with lesser reserves or more debt-based labor credits outstanding would readily be seen as having less "political capital", or credibility, for being able to assemble, and subsequently pay for, larger future groupings of liberated laborers.
communist supply & demand Model of Material Factors
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