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Blockchain and the Commons (Hardcover)
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Blockchain and the Commons (Hardcover)
Series: Routledge Frontiers of Political Economy
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Recent years have seen a surge of interest in 'the commons' based
on a simple yet radical idea: great improvements in production and
management could be achieved by reducing barriers to knowledge
exchange and power-sharing. Ranging from meadows, forests and parks
to language, open-source software (FLOSS and Blockchain) and 3D
printers, the commons are distributed or common property
resources/infrastructures that are self-managed by their user
communities. While acknowledging the significant contributions that
can be made through commons-based peer production, this book
provides a critical examination of the commons with the aim of
contributing to their long-term sustainability. In particular, the
book examines the relation of Blockchain to the commons by
illustrating the case study of the Commons Stack. Drawing on a
range of interdisciplinary ideas and methodologies, the book argues
that there are a number of economic and social barriers that are
obstructing the wider reproduction of the commons. Problems with
access to capital and training, the lack of entrepreneurial and
managerial skills and the absence of institutional support from
governments, larger co-ops and NGOs are some of the external
difficulties facing the commons today. Meanwhile, localism, gated
communities, vested interests, atavism, traditionalism, ideology,
conflict, neo-conservatism and techno-elitism represent some of the
internal contradictions inherent in the commons. Through overcoming
these contradictions, the ultimate goal is to transform capitalism
into the postcapitalism of the commons: the creation of a social
economy self-organised around the commons. This book provides vital
reading for anyone interested in the commons, from economics,
techno-politics and across the social sciences.
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