Tom Greco  @  ChelseaGreen

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The Emergence of Self-Organizing Systems of Exchange

Posted on Saturday, May 14th, 2011 at 9:12 am by Tom Greco

Joseph Jaworski is the author of Synchronicity: The Inner Path of Leadership. In a message today from the publisher announcing the second edition of the book, I noted the reference to Jaworski’s “Four Principles to Access the Source of Innovation.” Although I’ve not yet read the book, I did take a look at the blog entry that describes the principles.

This is an excerpt of what it says:

At the heart of what Joseph Jaworski discovered during this fifteen-year journey as a way to understand and access the Source of wisdom and creativity – the place from which profound innovation flows – are these four principles:

1. There is an open and emergent quality to the universe; a group of simple components can suddenly re-emerge at a higher level of self-organization as a new entity with new properties.

2. The universe is a domain of undivided wholeness; both the material world and consciousness are parts of the same undivided whole.

3. There is a creative Source of infinite potential enfolded in the manifest universe; connection to this Source leads to the emergence of new realities.

4. Humans can learn to draw from the infinite potential of the Source by choosing to follow a disciplined path toward self-realization and love, the most powerful energy in the universe. The words of philosopher Pierre Telihard de Chardin speak well to this principle. “Someday, after mastering the winds, the waves, the tides, and gravity, we shall harness the energies of love and then, for a second time in the history of the world, man will have discovered fire.”

Perhaps you own experience, like mine, will attest to the truth inherent in those principles.

I was particularly struck by the first principle and the statement that, a group of simple components can suddenly re-emerge at a higher level of self-organization as a new entity with new properties. This is highly relevant to the transition process that is currently underway in the world, especially the reinvention of money. In Chapter 17 of my book, The End of Money.., I describe the four basic elements required for A Complete Web-Based Trading Platform. These elements are:

1. A marketplace

2. A social network

3. A means of payment

4. A measure of value or pricing unit

These components are indeed “re-emerging” (based on our changing collective consciousness) “at a higher level of self-organization.” We are seeing more widespread recognition that:

  • money is nothing but a systems of accounting for credits and debits,
  • that it is the people’s collective credit that supports every national currency and payment medium,
  • that the creation of money based on interest-bearing debt requires continual expansion of debt, which drives economic growth that has become dysfunctional and destructive,
  • that we no longer need to depend upon banking wizardry to provide the monetary and financial means for exchanging goods and services and actualizing our productive capacity.

We now have many web-based marketplaces and social networks, numerous private currencies and payment systems that use direct credit clearing, and increasing recognition that there is an urgent need for a measure of value that is independent of any fiat currency or central bank.

As I pointed out in my chapter, there are a number of “disruptive technologies” that are emerging to completely change the nature of money and banking. These are:

  • Direct credit-clearing among buyers and sellers
  • The use of the Internet to create Web-based marketplaces
  • Transparency in Web-based accounting, information, and exchange systems
  • Strong identity verification
  • Secure encryption of information over the Internet
  • Social networking
  • Reputation ratings of vendors and buyers that are continually updated and available on-demand
  • The reemergence of mutual companies, co-responsibility, and localized Web-based markets

“It is not any of these individually but all of them in combination that will, I believe, result in structures that will provide superior performance in mediating the exchange process. Worsening economic and financial conditions, such as those experienced in 2007 and 2008, will create enhanced market opportunities for this sort of nonpolitical trading platform, and will assure their eventual implementation and wide acceptance.”

Read the original post on Beyond Money.

endofmoney Thomas Greco is the author of The End of Money and the Future of Civilization.
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