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Creditism: an economic evolution

“We do not inherit the earth from our ancestors. We borrow it from our children.” Now we’re giving them credit, too.

(This is a work in progress, email Remzi for questions or to help: remzib@gmail.com)

The Goal: An economic system that accords with reality, reason, and life empowering human potential on a regenerating planet.

Not Debt. Credit!

Creditism is an evolutionary economic protocol for a just social system constituting maximally distributed access to capital and credit.

The current debt-based, growth-dependent economic paradigm is inherently finite and self-destructive. Creditism represents a change from circulating debt money into flowing credit currency, breaking free from scarcity and perpetual debt constraints.

Currency (credit) is a useful human tool that enables access to resources (capital) and facilitates exchange. However, in the capitalist system, credit is issued as debt money transcending its primary role, becoming an instrument of power that controls resource allocation and people solely for profit maximization.

Creditism challenges this power by decentralizing the control over capital and credit, thereby empowering individuals and communities to participate in economic decision-making. This fundamental transformation lays the foundation for a more engaging society, where economic opportunities are accessible to all.

By distributing Credit currency to everyone directly, Creditism helps us move past the challenges of capitalism, putting an end to inequality, homelessness, and war. This improvement in currency unit flows renders banks, debt, stocks, bonds, insurance, and taxes obsolete. It is a visionary pathway toward a future where economic fairness, social cohesion, and democratic participation thrive.

Capitalism vs Creditism: A Comparison

Capitalism and Creditism are different economic systems with different aims and values. Capitalism is the legacy system rooted in the historical evolution of organized legal capture of all global resources and labor onto private ledgers for private gain. Creditism is a new system designed to enhance the collective human potential for ecological balance and overall group and individual prosperity unleashing our unique creative potentials. The following comparison highlights the key features and structural reforms proposed, presenting a transformative shift toward a regenerative and participatory economic system.

Capitalism: A system in which centralized capital and credit control are used to command social labor production for private market consumption.

Creditism: A system in which decentralized capital and credit access are used to empower social labor production for free market consumption.

Humans are driven to survive and explore. The acquisition and transformation of resources (capital) are essential to the meeting of those needs. Thus, the distribution of capital is not only essential to economics, but to life.

Our behavior is driven by a blend of biological, social, and financial motives, and is shaped by the collective affordances and reinforcements of those spheres in aggregate. Charlie Munger’s famous saying, “Show me the incentive and I’ll show you the outcome,” highlights how incentives profoundly impact human actions.

Economic rules determine access to capital and credit, with outcomes ranging from equitable distribution to massively unequal access. Economics conditions our natures by imposing conditions of interaction upon us, thus shaping the social sphere as well. We can alter the economic conditions to accord with our natures, and align economic incentives with intrinsic values and prosocial motivations. It’s just a straightforward matter of admitting real values into those conditions, and then it is basic math.

Property rights form the basis of economic systems, as well as the legal framework that determines who owns what capital. All living beings need to take resources from the global “Common pool”. So what is the legal basis that enables that exchange, which also essentially defines those economics? The first act of transfer begins with the legal rule “possession is nine-tenths of the law.” This means whoever is the first to take a resource owns it. Capitalism operates on the premise that shared resources are unowned and free for the taking. It is banditry that has resulted in an unfair pre-distribution of capital.

That first act ignores the fact that shared capital, the "Commons", is a birthright of all living beings. We are the rightful owners. The Commons is the shared ledger of all of life’s capital, gifted to us by our ancestors, our nurturing Earth, the expansive Universe, or what many call God.

Capital is the embodiment of life itself. Like squabbling children, we find ourselves trapped in the finders keepers, losers weepers primitive stage of economics, or "Game A," where we fight and even kill each other over our family wealth. Now, it's time we realize this wealth actually belongs to us all and grow past this and move into a cooperative phase where we work together to manage and enhance our collective wealth instead.

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“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.” -Bastiat 1848.

Modern Capitalism: A Continuation of the First Act

A. Nations get the Capital for free. Nations claim ownership over all common capital on their private balance sheets. They rent and trade that stolen capital daily, collecting money for the theft. People then must create fictional entities to compete to expand their capital ownership and consolidate their power. That original and ongoing appropriation is upheld by force and coercion, trapping us all in a race to the bottom where we exchange genuine cultural and ecological diversity, liberty, and creative self-determination for homogeneity, products, entertainment, and plutocracy, and tell ourselves it constitutes the only meaning of ‘progress’. That’s Game A. cause of all societal problems.

B) Banks get the Credit for free. Money isn’t a real “thing”, it’s just credit units or numbers on ledgers. Nations create credit by fiat, spending it directly into existence. Commercial banks borrow credit into existence then “lend” it out with interest. As borrowers repay loans, the corresponding debt is deleted, but new loans (and thus new debts) are typically created faster than old ones are deleted. This constant churn expands the supply of credit and debt in circulation. Since numbers are infinite, there’s no natural limit to credit creation, only political or institutional limits.

By transforming everything — capital, labor, even credit itself — into numbers, capitalism turns social life into a competitive game of accumulation. Credit, in this system, is less a neutral medium and more a mathematical tool of power.

C. People Pay with Labor & Life. People who own nothing of value but themselves must trade their lives to others for credit and their futures to banks for debt with interest. With credit for labor, people get entry into the exclusive market controlled by Nations and corporations. With every exchange, credit value circulates between private ledgers, credits (plus) or debit (minus), and with profits (pluses) flowing ultimately to Nations, corporations, and banks, who do little for it.

Everyone recognizes that exponential tech advancement will soon make people worthless as machines and AI rise to replace human labor. The credit flows to those people will stop, leaving them locked out of the free market. The only solution possible within capitalism is some form of credit redistribution scheme using UBI & taxes.

The Problem: Rivalry and Exploitation

These primitive capitalist incentives that drive the relentless pursuit of profit and capital accumulation have trapped us in a ‘prisoner’s dilemma’ resulting in our concurrent ‘race to the bottom’, which is the source of economic externality and “The Tragedy of the (Unmanaged) Commons” writ large. It is our wholesale destruction of our very real Gaia in pursuit of fictional nominal credit tokens. Therefore, all private claims on our global Commons are clearly illegitimate!

The Solution: Cooperation and Fairness

Creditism eliminates economic externalities by reclaiming and representing all global capital and credit on various local, regional, and global ledgers, while returning the ownership of the planet back to herself on a Ledger of Life, the Commons. family ledger. Here, the continuous bottom-up flow of Credit encodes individual and communal self-direction, and incentivizes and rewards individual and group collaboration and production, rather than crude value (in the form of profit) via trade. Transition from a capital (commodity) centered value regime to a contributory value system. By shifting the focus from profit by trade and accumulation to cooperation and participation, Creditism creates a more just and sustainable economic system that benefits all.

Creditism: The Beginning of Infinity

A. Common Capital. All shared natural resources and land are listed on The Commons’ ledger (The Ledger of Life), while all human-created capital such as equipment, infrastructure, utilities, and buildings, are ultimately transferred to community ledgers managed by human members at the global, regional, and local levels. Each of those assets are collectively produced by humans, while natural resources and land collectively emerge from the planet and life, so their ownership should never have been vested solely in individuals from the outset.

B. Personal Credit. PC flows from the Commons pool directly to every individuals’ personal private ledger in 3 ways: 1. As a monthly basic income, 2. For participation, and 3. As Bonus for exceptional results. Personal Credit deletes when it is spent in the open market on unowned scarce goods or services. PC also enables people to exchange their personal property, but only at the lower of market value or purchase price, which eliminates profit-seeking from trade. These features ensure Credit cannot be lost, stolen, or used to coerce or control others.

C. Community Credit. Corporations and governments convert their operations into member-run councils, clubs, and co-ops with free leases for their equipment and properties. Shared resources are maintained by a community or group of stakeholders according to their own rules of governance. Unused resources can be leased out for free to other groups in the city, similar to a library, allowing citizens to form new clubs or co-ops. Community Credit (CC) flows for free directly to all community ledgers as a monthly basic income times population, making taxes unnecessary. Every person also gets a monthly flow of CC to support their favorite groups or to start groups of their own. When community groups spend CC to acquire goods from the open market, their CC deletes. The goods are then recorded in their private group ledgers for exclusive use within their communities. Groups do not use their CC to cover production input costs. Instead, these costs are accounted for and influence final market pricing, but the co-op does not incur them. The input costs are passed on to the ultimate purchaser of the finished goods, like individuals, towns, cities, regions, or the global.

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“It seems to me that this is theoretically right, for whatever the question under discussion — whether religious, philosophical, political, or economic; whether it concerns prosperity, morality, equality, right, justice, progress, responsibility, cooperation, property, labor, trade, capital, wages, taxes, population, finance, or government — at whatever point on the scientific horizon I begin my researches, I invariably reach this one conclusion: The solution to the problems of human relationships is to be found in liberty.” - Bastiat 1850.

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From Money to Credit: A Paradigm Shift in Value Creation

Money represents power and empowerment since it is primarily a claim on capital. Capitalism is based on the idea that value is objective and depends on the cost of labor and resources that go into producing goods and services. In this system, the unit of value is a fixed and objective measure, such as money or gold, that can be exchanged for any other good or service in the market. The more money or gold you accumulate, the more units of value you have. The main benefit of accumulating more units of value is that you can use them to command or exploit (profit from) labor and resources, as well as to acquire more personal possessions or access to more exclusive experiences. The mechanics of money and capture in Capitalism unavoidably pool and concentrate wealth, capital, and power auto-plutocratically, producing a perpetual power pyramid.

In contrast, Creditism empowers everyone with Credit as it flows to them automatically and more flows for positive participation in society. The more Credit you receive, the more units of purchase value you accumulate. The only real benefit of accumulating more units of purchase value is that you can use them to acquire more personal possessions or access to more exclusive experiences, such as travel or entertainment. However, you cannot use them to command or exploit the labor and resources of other humans, as in capitalism, feudalism, or socialist state capitalism. system. The mechanics of credit and access in Creditism intentionally flow and spread wealth, capital, and power automatically, meritocratically, and democratically... pulverizing the power pyramid.

The difference between these two systems is that the former is based on a materialistic and rivalrous approach to value extraction, while the latter is based on a human and more-than-human world centered cooperative and meritable approach to value creation. The former emphasizes the quantity and uniformity of human consumption and capture, while the latter emphasizes the quality and diversity of human experience and participation. The former generates social and environmental conflict, while the latter fosters social and environmental harmony. As Buckminster Fuller wrote, will it be Utopia or Oblivion?

From the AORS’s below:

Creditism is just Socialism repackaged!

Actually, Creditism is an anarcho-libertarian-syndicalist-republican-meritocratic-confederated-representative-decentralized-economic-direct-democratic-subsidiarity if you want to be fussy about it. It appears to be a 2.0 version, or a technological reflection, of something primeval...

In Capitalism, the credit has us. In Creditism, we have the credit.

There is a little notion that reveals itself to some of us from time to time as we all evolve into the future, playing, crying, and falling in love. It tugs at our sleeves to gain our attention and support. Sometimes the notion is understood in a way that captures us; spreading amongst us with the pace of a wild fire, then slowly burning out again as it starves for fuel. The notion is the simple fact that people have always depended on their economies for their existence. The Haudenosaunee and Inuit. The Mongols and Polynesians. Egyptians, Vikings, the Ainu, and the People of the Han Dynasty. The tribalists, statists, and anarchists. Emperors, slaves, and H. sapiens neanderthalensis have always depended on their economies for their existence.

What an economy is is simply individuals in communities, interacting with each other and the world, under rules that determine how they are able to meet their desires and needs. That’s not the only way to talk about economies of course, but it is a straightforward and valid one. When we don’t understand like that we make a lot of mistakes and others make a lot of mistakes on our behalf. The reason that notion keeps tugging our sleeve is there’s a jewel at the center that wants to be noticed. It wants us to pick it up and polish it, and display it to each other, and tell ourselves that the jewel belongs to each of us. It likes it when we shimmer. The jewel is the fact that an economy defines and determines the value of existence to us. It has to do that, so it always does. Its definition of value determines much of the shape of our lives, the state of the world, and even much of how we treat each other, think, and feel on a day to day basis. An economy is not alone in its raw power to determine those things. Every context we depend on does that too, either more or less. But because an economy is dealing with existence, with matters of life and death, its power to shape and condition is serious. When an economy places or doesn’t place a value on existence it defines and determines the value of existence to us.

An economy thinks. It says, “This is what I think of existence. I think I will treat it like so, and do these things with it, rather than those things.” Then all of us proceed to do what it says. That is no mere analogy. Rather, all bodies of thought, life, ecosystems, land masses, behaviors, eruptions, species, and ethics, are one. Affecting and affected by one another. Every time a breeze touches your face, gives you a thought and a feeling, and you decide to call someone and ask them to go do something with you that is the field of affection happening. Every event is like that in its own way.

When we show ourselves in just what way a collection of many things relating transforms them into one phenomenon in our minds, that is called understanding. We are fortunate now to notice that we’ve misunderstood. When an economy defines existence as being without value it cannot help but operate in a manner that treats existence more poorly than it deserves. We try to help, but the trouble is an economy has more to say on matters of life and death and meaning than we do, or that quite we know, and it shouts its opinion with all of our voices and whispers its thoughts in our ears. It tells us that it is no good deed to pay people to exist. Sometimes it tells us we are lazy. At others it says we can't be afforded. We are told of the impossibility and danger of putting a price on life, and it tells us right now that that thought is our thought. It isn't. Each saying misnames this certain truth: that all value comes from existence. It always has. Public credit is the symbolic representation of existential value and it always has been. So no, the truth is rather that our current economy cannot afford us, but we’ve always afforded ourselves such as things were! We’ve sweated, and bled, and struggled for each other, and built all of the things we have together. We’ve done so despite a droning insistence that we are worthless and the world is worthless. No.

When an economy cannot value people for the people, trees for the trees, clean water for its own sake and ours and everything else, and a breath of fresh air we cannot afford it! Credit money recognizes value. Debt money recognizes the capture of value, because it states that existence has no value in itself. An economy of ourselves in communities, interacting with each other and the world, under rules that value existence, determining how we are able to meet our desires and needs is an economy we can afford, and desperately need! The Goliath now we call our economy as we sit and discuss these matters together sometimes pretends it’s an ecosystem. It isn’t. Ecosystems value existence as such. The realization that an economy must value existence enables us to create and discover what we have named Creditism. It values existence because it can, we can, it must, and we ought to.

It is surprising to discover such deep unities between economics, ethics, psyches, and physical systems, but then everything is one like we noted of ourselves and the wind. That means we’ll be waking to notions of understanding for as long as we’re here. We’d like to be here in some lovely and changing form forever governed naturally by lawful principles of that evolving understanding of ours, because when life isn’t governed that way everything loses.

It has taken a great deal of time, effort, and some infuriatingly obscure language to drive the notion that money is credit people create for each other amongst themselves right out of our overwhelmed and addled minds. Money is credit. We just don’t think so. Because we don’t think so we pay relatively few people quite handsomely, in credit you’ll note, to rent us the use of our money as debt. Attend.

When an individual, let’s make him a Russian Oligarch named Nikolai Demitry Valentine Adamovich for some reason, once Mr. Adamovich acquires enough money to invest in such a way that his money makes money, and always makes money, that’s credit. It’s even credit if it’s debt. It’s credit because he’s receiving credit in that other sense of the word, which is what the word means really. See the numbers go up? Ding ding ding ding ding! “Brava, Mr. Adamovich sir! Well done, I say! Bra... ...va!” Ding ding ding. Clap clap.

Where did that credit come from? Who is giving him that credit? We are. It came from us and it came from the world. It came from us interacting with each other in the world. That it can come from us interacting with each other in the world means my existence has value, your existence has value, our existence has value, our interactions have value, and the world has value. We just don’t think so.

Look. When it takes millions of people, say, for there to be such a thing as a Russian Oligarch, then Mr. Adamovich exists as that thing for two reasons. First, we gave him our credit to become that thing by taking on debt. Second, we have tacitly agreed that food, water, shelter, people, and public resources are privately owned tradable commodities and enshrined that agreement in our institutions, so we take on a privately mediated work obligation. Conversely, when food, water, shelter, people, and both public and private resources are considered to be the valuable basis of all additional value creation, rather than being saddled with that work obligation we’re instead encouraged with ‘mutually desirable work opportunities’.

See, our lack of accounting for the value of ourselves in the world means we can’t act accountably to the world. We can’t be ‘taken into account.’ It means we’re not accountable. It means we ARE accountable. We just don’t think so, and because we don’t think so we’re breaking our backs to break the world. We’re not just playing with words here. The words have been tampered with already. The meanings have been tampered with. We’ve tampered with ourselves, and tampered with others. Let’s fix the words; put ‘em back the way they were before, since that’s the way they are. They always have been. We just don’t think so.

People, food, water, shelter, and public resources are the basis of value, they’re not commodities, and it is a cognitive error to believe otherwise. What’s that you say, “Capitalism adds value to the market! Who do you think builds the houses, grows the food, and directs the people to work? Capitalists!” Do you mean to say that in Capitalism there is Capitalism?

Let’s travel back in time a moment. 15,000 years. We come upon a lovely peaceful village scene. People going about their normal lives, doing stuff and providing for their needs and desires. They have food, water, shelter, music, dance, and culture. Listen to them for a moment... Can you see them? Do you hear them? Those aren’t Capitalists. We are Capitalists, and we don’t have to be. We have Capitalism now, and Capitalism most certainly has us. We can have Creditism, and it can support us. Then we’ll just be people again, in all our uniqueness and splendor... The People.

But, since we’ve left a cacophonous gaslight shining in everybody’s eyes, let’s look at the bank facet (oh god)... It’s the same situation really, albeit from a different angle, as it was with our friend Mr. Adamovich. When a bank, let us dub it ‘Charter and Charter’, ‘lends money’ to you as debt, what in fact is happening is good ‘ole Charter and Charter is creating that debt out of your creditable and sound ‘business plan’ that you and your community decided would add value for yourselves... “Bravo! We do say in fact! Excellent! Just excellent! Well done you!” Legitimate clap, clap, clap! ...and then they are renting that credit back to you as a debt that you and your community will have to pay back to them, while telling you and your community that they’ve done you a favor. Oh, how the gaslight table has turned...

It’s like this. Your community has a building, say, it’s just sitting there empty gathering dust and mold. You’ve seen them... So you want to take up stewardship of one of those buildings you’ve seen, let’s say, and create a performance poetry troupe with community members, fill the building with plants of all kinds, purple orchid lighting, and a stream running through it, and exclusively serve authentic absinthe drinks and mini-bagel Hors d'oeuvres with various artisanal toppings. You tell your friends and community about it, y’all have the time, skills, and desires, and y’all are stoked! That is your community and you, interacting with each other and the world, under rules that value existence, determining how y’all are able to meet your desires and needs, creating credit amongst yourselves...

Then, you go ask Charter and Charter if you and your community may please have that thing, and they say, “Sure! But it’ll cost ya’!”

What Creditism is saying is simply that the community is the bank, is the people, is the buildings, resources, desires, needs, ideas, enthusiasms, time, skills, and work, and we don’t need to rent those things from ourselves or anyone else, because we already have them. We just don’t think so.

The fact of the matter is this: when we only account for the exchange value of everything we are Capitalists. When we account for and admit the real value of everything we are Creditists. Then we’re just people again... The People.

The aims of Creditism can be well summed by responding to Buckminster Fuller when he said:

“You do not belong to you. You belong to the universe. The significance of you will remain forever obscure to you, but you may assume you are fulfilling your significance if you apply yourself to converting all you experience to highest advantage to others. Make the world work, for 100% of humanity, in the shortest possible time, through spontaneous cooperation, without ecological offense or the disadvantage of anyone.”

It is obvious that an economic system either helps us or hinders us from engaging that notion. If we understand the fact that when we account for ourselves, for our needs and our value, and account for ecologies on which we depend, by recognizing and respecting the harmonies of distinct and interdependent spheres of value, we create an economics that naturally approaches Mr. Fuller’s Ideal. That’s Creditism. It’s what it is born for.

The field of Creditism enables me as an individual to find out that I belong to the universe, and to explore that ‘significant obscurity’ Mr. Fuller suggests of me. It enables me and all of us because it states, economically and unequivocally, that the world belongs to herself and to every creature thriving or suffering upon her. Here, Creditism is direct. There is a world. The world preexists. The value of the world preexists since we and every other creature exist. If just one of us owned the world, if it was FOR just one of us, we wouldn’t all be here to argue over ownership. We think that means that ‘ownership’ and ‘property’, as currently codified, are ontologically false. That such falsity breeds distortions and disintegrations between spheres of life that ought to be respected. And that self-determined ‘stewardship’, ‘collective ownership’ and ‘private ownership’, as Creditism begins to codify and refine, are the obvious, sound, and ontologically robust replacements.

Creditism is being born. Like ourselves, she shouts at the sky already, “I exist!” She’s ours to care for and encourage. We will revisit Mr. Fullers’ Ideal many times while we nurture her ... ”to make the world work, for 100% of humanity, in the shortest possible time, through spontaneous cooperation, without ecological offense or the disadvantage of anyone.” And reflecting on that, someday not too long from now, we may come to nod our heads together and realize that an economics, which accords with ourselves and the physical universe is just as whole and as natural as everything is.

“Money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems.” E.C. Riegel

Creditism: Structure and Strategy

The Reason: Governance has always emerged from Economy. An economy can either be physically and ontologically lawful or not. When it isn’t the axioms of Game Theory and Ecosystemics force lawful accord by means of natural selection for war (tribalism), famine (niche-species disparity), disease (depopulation pressure) etc, because all existence is related. When we don’t act like it the Universe acts like it for us. We have mistaken a ‘global economy’ as a new phenomenon, but it isn’t. The Earth-qua-ecosystem in the physical Universe is already the global economy. The ‘two’ are inseparable. The current global economy as we practice it today is a precocious and arrogant punk that can’t admit when it’s mistaken. It thinks it’s better than the Universe because it gave us steam engines and smartphones. It did, and we like them, and the Universe may be better yet with them. But we want updatable repairable durable smartphones that don’t go out of date so quickly while requiring 8 year old children to go into pits in the Earth to carry up buckets of rare earth minerals to build them. ‘Capitalism’ (as if it’s one ‘thing’...), mediating ‘Nation States’, obviously doesn’t know how to do that. Creditism does for no other reason than that humans do. Allow people to choose for ourselves through agreement what we wish to do that we find valuable, and kids in pits isn’t gonna be one of those things. If we don’t create a bottom-up global economy together for existentially valuable reasons ‘someone else’ (still us) will build a top-down global economy for other reasons. An economy of valuing-humans-in-the-world is all... “Creditism! No kids in pits!”

The Basis: Program a distributed, global, unhackable, backupable, private-public, decentralized Holochain network database (The Structure), write it with algorithms for the allocation of Credit (currency) that value existence and spontaneous cooperative self-determination (Ontological Governance), encourage people, communities, organizations, and cities to create their accounts (The Changing), crowdsource populating the ledger through gamification with a record of all global production, capital, and resources (The Play For The Commons), use the Credit we’ve always created amongst ourselves to interact with one another and the world under rules that value existence and mutually assured evolution (The Economy).

The Conditions: Our current economics is ugly. Up until now our tools have been ugly too. They’ve been woefully inadequate to the task of accounting and valuing human relations-in-the-world in a sound and beautiful manner, and when things are ugly we’re less happy because we like it when things are pretty. What we like even better is when we feel pretty. What we like most though is when we feel the world is a beautiful expression of the meaning in our lives. Then we feel sexy! Holochain technology is an elegant tool for a distributed digital network and records (ledgers) of our shared planetary resources, and Creditism is the necessary and sufficient protocol to deploy that tool to evolutionary advantage. That marriage allows us to acquire the use of capital from our community ledgers and resources from The Ledger of Life, the Commons, in order to contribute to our communities in whatever ways we see fit, and relate with one another where we wish, through the use of credit for limited experiences or products. In an economy for each of us, valuing each other and our unique characters, we begin to reclaim meaning for ourselves. In Creditism we begin to unite the Good, the Beautiful, and the True, and that’s obviously sexy!

The Axioms: Any and all systems have a logic internal to them, be they systems of philosophy, the dynamics of the dew point, or speciation in ecosystems. If that were not true we would never be able to figure anything out. Even a roiling chaos has its logic. After all, It exists (if, in fact, it does). The logic of every system is based on axioms that hang together in their purpose to express or reflect truths of nature; the nature of ourselves, the nature of ethics, the nature of the electromagnetic field as it exists... When the axioms of a system play well together the scope of their truths runs far, and our understanding rides merrily along with them. But crashes happen from time to time. We’re riding along, perhaps rather pleased with ourselves, or just enjoying the wind when BOOM! We’ve crashed into a wall and our axioms are smashed. Catastrophe! Why has that happened? It has happened because there is something wrong with our axioms obviously, but the nature of that ‘wrong’ can be of two kinds. The first kind is that there is an internal logical error between axioms so you get wear in the bearings which generates heat due to friction. When we drive too far without noticing the error a wheel locks up... We flip. Wall. Crash! The second kind happens when our axioms should’ve told us about an up and coming wall, because they’ve supposedly got a rad GPS for such things, but the kind of wall that’s coming up rapidly is invisible for some reason... Head on collision! Smash! That second kind of crash happens when the axioms we’re navigating with do not reflect or align with the axioms of that very real wall. Our current economy is crashing into the four axioms of a wall, and it has been for some time. That wall is Life, and it is telling us what it’s axioms are:

There’s a planet in a Universe with life on it: Planet=Universe=All Life

The real value of ourselves is the real value of all life: The People=All Life

Creativity, collaboration, and recognition of ourselves determines how we treat Life: Living Life=Treating Life

The planet is owned already by all life. We must own it together in order to live: Collective=Capital=Life

When the economic axioms (The Algorithms) we practice together reflect The Axioms of Life we evolve together with Life. We thrive, and our communities and groups speciate and diversify as our unique reflection of Ecosystemics. But when our practices fail to reflect that parity, we create externalities within ourselves, and the rest of our systems, we homogenize, and eventually parish as we take life and diversity with us down to our graves. Let's not do that. Simple. Good. Beautiful. True. “Creditism! Just the facts!”

The Algorithms: Credit has always been created and allocated by rules, of course. Sometimes those rules have evolved amongst ourselves, at others they’ve been imposed by various kinds of authoritative decree, and there’ve been many admixtures besides. Some rules have engendered division and conflict in the world. Others are excellent at encouraging cooperative creation. Some are good for the growth of tech, or respecting nature. Others for exploring the human spirit. Credit is quite literally a symbol of the cooperative human spirit, and while it has been recognized and deployed in that spirit before under many different sets of rules, no set of rules has yet achieved a workable scalable synthesis without externality. Creditism recognizes the nature of credit and achieves a lovely updatable, infinitely diversifiable, evolutionary synthesis, without externality, bringing together many of the wonderful games our ancestors have practiced together. It is able to do so simply because The Algorithms reflect The Axioms of Life :

The shared accounting of collective capital and resources on our distributed network database is the acknowledgement that we, life, our ancestors and children are in this together and always have been. Planet=Universe=All Life

The Allocation of free personal credit (PC) to each of us for living and free and open access to available housing is respect for each life. The People=All Life

Personal credit for self-determined creative engagement through access to that ledger means that each of us can be an entrepreneur, and means our society believes in us as unique individuals capable of enriching us all, and believes in the value of freely joining together in diverse and dynamic groups. Living Life=Treating Life

The ongoing flow and circulation of community credit (CC) to individuals and communities for the facilitation, and completion of communally desirable enterprises and projects is an expression that each of us has an individual voice and a voice as a part of community, and each of those aspects of our voice counts on matters that affect us all; we have a right to democratic agreements about the use of shared resources for the projects and enterprises we decide together are valuable. Collective=Capital=Life

Let’s play. The implications are wild, and quite beautiful. Do you see it?

Creditism: A New Economic and Governance Model

“Meta-Relationality is the capacity to be in right relationship with the whole-shebang— everything, everywhere, everywhen, all at once, all of the time.” ― Vanessa Machado

Creditism mathematically democratizes both political and economic decisions and ensures participation and fairness. Economic management is based on subsidiarity using open collaborative environments ecosystems. The principle behind this approach to economy and governance supports a core belief in the advantage of cooperation over conflict. This cooperation is made more possible by enabling the smooth flow of people, ideas, credit, and goods across diverse communities. This means moving away from isolated and competing entities towards participation in open environments that integrate the impacts and contributions of all participants. It acknowledges that individuals and collective entities can freely join and contribute to these environments without needing permission. The outcome is individuals living freely in a local-global network where resources are shared and contributions are valued.

Citizenship in Creditism: Local, Regional, and Global Communities

Every individual essentially belongs to three communities: Local, Regional, and Global. As sovereign planetary citizens, we have the privilege to actively participate and vote in our various communities- be it clubs, co-ops, or councils within the local, regional, or global community. Our Local community is essentially where we live, while the Region encompasses the locality in which we reside. All these regions collectively constitute the Global community. Each Local community is autonomous and self-governing. Autonomy empowers citizens to chart their own course and govern their society, fostering diversity through experimentation. The existing city and country borders can initially demarcate Local and Regional communities respectively, although the flexibility to change these classifications remains with the populace. An equitable and fair balance of Community Credit is maintained through simple math based on population numbers.

Personal Credit System

The first step in implementing Creditism is to create a digital, global Credit currency account for every person on the planet starting with a fair initial allocation based on age. Allow people to convert (virtually) their net worth into more Personal Credit: all their existing currencies and assets onto their ledgers while eliminating all debts. Then, an equal amount (UBI) flows to all accounts monthly. No strings attached, no gatekeepers to appease. Completely decentralized. Just a natural ebb and flow of financial self-determination, empowering every global citizen as their own sovereign. More Credit flows to incentivize participation in councils, clubs, and co-ops. More Credit also flows as Bonus to individuals and groups for extraordinary results and new purpose-driven profit metrics like reducing use of energy, labor, and resources while increasing quality, renewability, and longevity.

Credit currency is deleted when used to acquire unowned goods or services from the open market. Credit circulates only during an exchange of privately owned goods for the lesser of its actual value or purchase price, removing any profit motive. These traits guarantee that Credit cannot be lost, stolen, or exploited to manipulate or control others.

Eliminating Financialization:

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