Skip to content

Creditism: an economic evolution

(This is a work in progress - You may share with specific individuals but NOT on OPEN PUBLIC FORUMS, at least NOT yet, please)
Note to Editors: Don’t delete things, use strikethroughs. or use Comments, Suggestion mode or pick an Author color: Remzi and Creditism, our objections and Capitalism, purple is open, Eli and Creditism, orange is open, blue is open, yellow is open, pink is open

The Goal: An economic system that is in sync with reality, logic, and life empowering human potential on a lasting, regenerating, and embracing 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, 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 Comparative Overview

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, while Creditism is a new system designed to enhance the collective human potential for ecological balance and overall group prosperity. The following comparison highlights the key features and structural reforms proposed, presenting a transformative shift toward a regenerative and contributory 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.
Survival and advancement drive human actions. Resources (capital) are essential for both, and the more resources we acquire and transform, the further we progress. Thus, managing capital is the essence of both life and economics.
Our behavior is shaped by a blend of biological and financial motives. 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. We can alter the economic incentives to accord with our natures. It’s just a straightforward matter of accounting real value, 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 transfer, which also essentially defines those economics? The first act of exchange 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 grow past this and move into a cooperative phase where we work together to manage and enhance our collective wealth instead.
Game A (1).png
“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. Owners get the Capital free. Nations and corporations claim ownership over all Common capital on their private balance sheets. These gangsters rent and trade stolen capital daily, collecting money without doing anything for it. Capitalism forces people to create fictional entities to compete to expand their capital ownership and consolidate their power. This constant theft is upheld by force and coercion, and it is the root cause of all societal problems... and it has ALWAYS been this way, hence Game A.
B) Nations & Banks get the Credit free. All currency or money isn’t a real ‘thing’, it’s simply credit units (numbers) on private ledgers. Nations create some of the credit for themselves to spend, but most credit comes from banks, who also get it free, but ‘lend’ it out with interest. There is no limit to credit because numbers are infinite. By transforming everything (capital, labor, and credit) into NUMBERS, Capitalism, a rivalrous game of value (number) accumulation, has us all captured with credit, as a mathematical tool of control.
C. Non-Owners. People who own nothing of value but themselves must trade their lives to capitalists for credit and their futures to banks for debt with interest. With credit for labor, people get entry into the exclusive market controlled by the Owners. With every exchange, value flows between private ledgers, credits (plus) or debit (minus), and with profits (pluses) flowing ultimately to owners, capitalists, and banks, who do little for it.
Everyone recognizes that exponential tech advancement will soon make people worthless to Owners 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: Conflict and Exploitation

These primitive capitalist incentives that drive the relentless pursuit of profit and accumulation of limited resources 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 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: Fairness and Cooperation

Creditism eliminates economic externalities by reclaiming all global capital and credit back onto our family ledger, the Commons. Here, the Credit flows incentivize and reward allow and recognize moral individual and group collaboration and production, rather than crude value via trade. By shifting the focus from profit by trade and accumulation to cooperation and fairness, Creditism creates a more just and sustainable economic system that benefits all.

Creditism: The Beginning of Infinity

A. Common Capital. All shared global capital, such as natural resources, land, equipment, and buildings, are either listed as part of the Commons ledger or have been transferred to private ledgers managed by community members at the global, regional, and city levels. These assets were collectively produced, and their ownership should never have been vested solely in individuals from the outset.
B. Personal Credit. PC flows from the Commons pool directly to all people in 3 ways: 1. As a monthly basic income, 2. For participation, and 3. As a bonus for exceptional results. Personal Credit flows back to the Commons when it is spent in the open market for scarce goods or services, in other words, the credit deletes. PC also enables people to exchange their private 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 agencies, clubs, and co-ops with free leases for their equipment and properties. Unused resources can be leased out for free to 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 cities as a monthly basic income times population, making taxes unnecessary. Community groups use CC to acquire scarce goods from the open market to their private ledgers for private use. Groups do not spend their CC for inputs in production. Those are accounted for and inform final market pricing, but they are not incurred by the co-op. Instead, input costs are passed onto the ultimate purchaser from the Commons market.

Creditism (1).png

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. Capitalism is 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 value you accumulate. The only real benefit of accumulating more units of 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. The power pyramid is pulverized.
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-centered and cooperative/competitive approach to value creation. The former emphasizes the quantity and uniformity of human consumption, while the latter emphasizes the quality and diversity of human experiences. The former generates social and environmental conflict, while the latter fosters social and environmental harmony. To use Bucky Fuller’s words, will it be Oblivion or Utopia?

Creditism: Structure and Strategy

The Basis: Program a distributed, global, unhackable, backupable, private-public, decentralized Holochain ledger (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 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’...) 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 all of those 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!” (Oh my)

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 record (a ledger) of our shared planetary resources, and Creditism is the necessary and sufficient protocol with which to deploy that tool to evolutionary advantage. That marriage allows us to acquire the use of capital from The Commons (ourselves and the planet) 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 of 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 are ones that’ve 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 the Commons on our distributed ledger 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 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) for access to use of shared resources (capital) is an expression that each of us has a voice that counts on matters that affect us all; we have a right to democratic agreements about the use of shared resources. Collective=Capital=Life
Let’s play. The implications are wild, and quite beautiful. Do you see it?

Creditism: A New Economic and Governance Model

Creditism mathematically democratizes both political and economic decisions and ensures fairness. Economic management is based on open collaborative 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 ecosystems that integrate the impacts and contributions of all participants. It acknowledges that individuals and collective entities can freely join and contribute to these ecosystems without needing permission. The outcome is 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 global citizens, we have the privilege to actively participate and vote in our various communities- be it clubs, co-ops, local, regional, or the 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 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 their net worth into more Personal Credit: all their existing currencies and assets onto their ledgers while eliminating all debts. Then, an equal amount 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 agencies, clubs, and co-ops. More Credit also flows as Bonus to individuals and groups for extraordinary results.
Credit currency is deleted when used to acquire scarce goods and activities from the Commons market. It circulates only during an exchange of private goods for the lesser of its actual value or purchase price, removing any profit motive. These traits guarantee that it cannot be lost, stolen, or exploited to manipulate or control others.
Eliminating Financialization:
Under a Credit currency flow system, all existing debts, rent, taxes, banks, stocks, and insurance would be eliminated. Housing becomes a guaranteed right, with individuals free to choose and move to similar quality houses anywhere on the planet. Essential services like electricity, water, and internet would be mostly free.

Community Credit System

Each local community’s ledger consists of existing assets and a Community Credit (CC) account. This account gets a monthly infusion of 50 CCs per citizen, akin to a UBI for communities, which renders traditional taxes redundant. The citizens determine how to allocate their CC to the various local needs and groups. Regional communities receive a lower amount of 10 CCs per citizen monthly due to their larger population size. Usage of these funds, once again, is decided by the regional citizens. The Global community receives an even smaller sum - say 3 CCs per citizen monthly, to ensure fairness and resource allocation for global benefit. Community Credit can only be spent in the market by communities or groups, not by people. This fair global Credit distribution method enables democratic and community-owned resource allocation. 1 PC is equivalent to 1 CC in the market.

Personal Community Credit Allocation

Every person also gets an account with Community Credit, initially funded with 1,000 CCs times their age and an accruing monthly UBI of 100 CCs. This personal CC is used to contribute to projects and initiatives of individual preference on a global crowdfunding model. People can give their CC units to any group or person they wish. It can even be used for personal betting or gambling since it eventually flows to a community ledger where it is spent.

Transitioning to Creditism:

The transition to Creditism would involve a peaceful evolution, with people opting into a free digital social-economic network when they are ready, instead of relying on the difficult and slow process of political transformation. Credit issuance costs nothing because it is not transferable outside the network. It is not a security. Incentives for early adopters will drive membership and produce the “”. It can facilitate member exchange within the network and pegged 1:1 to the US$. A global declaration of independence and constitution would guide the transition, ensuring voluntary work, free access to the market, and the absorption of state power by society.

The Result: Maximally Distributed Access

Creditism ensures a continuous equitable flow of Credit to all people and all communities. Access to limited resources becomes fair and labor becomes an opportunity to earn Credit rather than an expense; no one pays for labor, it is earned. Debt, rent, taxes, and insurance become a thing of the past. Individuals get to choose for themselves when, where, and how much to participate and consume. And members run their own cities and productive activities. Creditism is a real-life choose-your-own-adventure and Sim City.

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 it's 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. It is an environment or context, delivering selection pressures, but there is a sense in which 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 looses.
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...!” 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 to 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, allbeit 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 the real value of everything we are Creditists. Then we’re just people again... The People.
The aim 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 to, 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’, as Creditism codifies, is the obvious, sound, and ontologically robust replacement.
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.

Key Features of Capitalism:
Private ownership of global resources.
Private market-driven allocation of resources.
Profit motive as the primary economic driver.
Competition for market share and profits.
Accumulation of wealth by a small elite class.
Consequences of Capitalism:
Inequality and poverty.
Environmental degradation.
Economic cycles of boom and bust.
Social unrest and conflict.
Key Features of Creditism:
Infinite credit currency.
Decentralized control over money and resources.
Fair distribution and access to resources.
Cooperation and collaboration.
Focus on human well-being and sustainability.
Benefits of Creditism:
Elimination of poverty and inequality.
Sustainable use of resources.
Stable and prosperous economy.
Empowered and engaged citizenry.
There are no rows in this table

This is a good spot to insert graphs showing the flow of PC/CC and resources between the clubs/co-ops in city and the regional, global. The graph below is too confusing, gonna try to break it down into 2 or 3 separate graphs.

Creditism (2).png

1) a) Personal Credit flows to people as UBI, proof of value (POV) everytime they play, learn, work in community agencies, clubs, and co-ops.
b) monthly UBI of Community Credit to each person
2) a) Global resources flow through communities to co-ops to produce goods.
b) Community Credit flows as UBI x # of citizens to Global, Regional, and City accounts.
3) a) People use Personal Credit to purchase limited market goods & activities, Credit then deletes.
b) Clubs, Co-ops, & Communities use Community Credit to purchase goods, CC then deletes

The Algorithims and The Output

Hello there! Good to see your smiling face. Let’s chat about The Algorithms again. Don’t furrow your brow!
After all of our talk you may still wonder what the point of all this is, or feel entirely cynical that any such thing could happen. Contrarily, you may still have the impression that Creditism is some kind of “ism.” A creed imposed by the force of a Sky Net like Holochain of Algorithms and “Creditism” is the name upon which it has self-emerged. And... It... Awakens!... But it isn’t like that at all. Creditism is an infinite game, kinda like James Carse meant (fist bump dude!)... Screeeech! Hold up I can’t ‘Carse’ this thing after all (sorry bro), I gotta ‘Hofstadter’ it probably (pew, pew!). Games aren’t games unless they have rules. Even infinite games have rules. A game IS its rules. What your possible moves are, and all the potential strategies you might employ, all emerge from, or are baked into those rules. Part of what Carse meant by an “infinite game” is that it’s rules can be playfully changed, we agree, but he might’a missed the fact that the way those ‘rules’ change is by evolving due to various algorithms, which are also rules, and that this ‘rules-evolving-rules-evolving rules’ thing is how all the openness of real infinity all hangs together. So you can’t just change things willy-nilly. You gotta be specific. You gotta understand.
Every kind of environment has selection pressures which are a sorting function which is an algorithm. An algorithm is defined like this: rules for creating an output given some input. Input children (which is probably the creepiest thing i’ve ever written), into the rules of a broken home, output varying levels of neurotic adult. That’s selection pressure. Input cold blooded dinosaurs, into the rules of the fall-out of a giant comet slamming in to the Gulf of Mexico 66 mil. ago, output no dinosaurs, or ‘birds,’ if you wanna be a nerd about it. Selection. Input all human language, into the rules of various LLMs, output various Sky Net like egregores (probably) at war with each other (already) telling us what to think (definitely), creating The Culture Wars (absolutely). Selection pressure. “But some children blah blah blah... actualize and become blah blah... when they engage with blah blah.” Yes, I know. That happens ‘cause of the other algorithms of the other environments putting other selection pressures on a kid, or The Artist Formerly Known As A Kid (TAFKAAK). There is always ‘selection.’ An algorithm is simply the rules of an environment selecting for outcomes. Humanity’s environment is first and foremost this: interacting with nature and each other on a planet.
We are all children of the Earth, but we are children of Global Capitalism as well. Our parents have been fighting for as long as we can remember. We grew up in a broken home. Who’s side should we take? Part of us feels there’s something wrong about having to choose sides, and we’re right; we’re just kids. They’re always harping on us. Capitalism yelled at me just the other day, “You better clean your room if you want to keep your video games!” I wish he’d get off my case about it. Then Mom’s all, “Your father never cleans up after himself, come look, beer cans all over the bathroom!” I wish she’d stop putting it on me. What am I supposed to do about it? F*#%k! Caught smack dab in the middle, so I put my headphones on and just tune out...
The thing of it is though there are points all around, so let’s score the game as played, and see what we get. Capitalism gave us video games: point to Capitalism... Having a clean room has value: Capitalism 2... Capitalism can take our video games away? Nope! -1+2=1. Does Capitalism clean its room? Most definitely... Negatory: 1-1=0... That’s the breaks Capitalism. Now for me... My room is messy, actually: -1. My life belongs to me not to Capitalism and I’ll live it as I see fit: -1+1=0. Capitalism is on my case about my life: 0+1=1. He shoots... He Scores! Now for Mom... There are beer cans all over the bathroom: +1. Capitalism put them there: 1+1=2. It isn’t my personal fault that there are beer cans every where: 2-1=1. That point goes to me. Then mom says, “But honey, I can’t clean up these beer cans, only you and your people can clean them up together, we’re leaving your father, you’re coming with me, then it’ll be easier for us:” and 1+1=2 as she lovingly takes a point back. Strangely i feel rather good about it... She and I leave together and we each get an extra point for changing the rules in a way that values us both. Earth: 3. Me: 2. Capitalism: 0.
One way or another we will be leaving the algorithms of Capitalism behind. So we’re gonna need new ones ‘cause economics always has ‘em. The cool thing is Mom’s been cooking up a wompingly ‘ongerful stew of evolving algorithms for like 4.5 billion years, and her stew has fed all life already. It looks like she’s got four ingredients: 1. There is a planet in a universe with life on it. 2. The real value of ourselves is the real value of all life. 3. Our creativity, collaboration, and understanding of ourselves in the world determines how we treat Life. 4. The planet is owned already by all Life because we’re all here, so we must own it together to live. Those ingredients cannot be removed. They’re already boiled into the primordial stew, and they always have been. That being the case, some economic reflection of those foundational Axioms of life are necessary if we’re to thrive in antifragile diversity without bringing the thing crashing down ‘round our ears. The Algorithms of Creditism are that. They technologically riff those primeval truths.
Creditism is an environment, an algorithm, a game. It selects for life, diversity, self-determination, merit, admirable behavior, spontaneity, playfulness, innovation, and genuine democracy as its output. And that sounds like a good game to us.

Ideology or Environment

Creditism is not ideology. The new game of life won’t tell you how to live or what you must do, but rather ensure that you can live, learn, play, and work. The how and what is whatever you want it to be. As it should be. “You are under no obligation to remain the same person you were a year ago, a month ago, or even a day ago,” said Richard Feynman, “You are here to create yourself, continuously.”
As you can see, the concept of Creditism offers a new perspective. It recognizes that our interconnectedness with nature and each other requires a shift in our economic mindset. Instead of focusing solely on trade and accumulation, the infinite game emphasizes cooperation, collaboration, and the common good.
In summary, Creditism is an economic evolution that shifts our focus from finite growth to infinite possibilities. It recognizes the role of imagination, shared beliefs, open collaboration, the common good, steady-state temporality, and relationality in shaping economic systems and advancing society. It is a paradigm shift that challenges the existing notions of capitalism and paves the way for a more balanced, antifragile, diverse, distributed, and inclusive future.

Decentralize the control over capital. This will be done by moving all global common property, including natural resources, land, equipment, and buildings, onto member-run global, regional, and local ledgers.
Decentralize the control over credit.
Create a system of Personal Credit that flows to all people for free. This will be done by providing a monthly basic income, rewarding participation, and giving bonuses for exceptional outcomes.
Create a system of Community Credit that flows to all localities for free. This will be done by providing a monthly basic income times population.
Eliminate profit-seeking via trade. This will be done by having credit flow back to the Commons when it is used in the open market for scarce goods or services.
Promote cooperation and sustainability. This will be done by creating incentives for individuals and groups to work together and by shifting the focus from profit to sustainability.

This might be good spot to insert the Comparison Table, which is akin to a FAQ


(Arguments, Objections, and Riffing the Snarl)

You’re trying to put numbers on qualitative values. Quantification of qualities distorts those qualities. You can't pay people to exist!
We actually already have those quality distortions you're referring to from quantification in our current economic system. When your wage as a worker, or your profit as an owner, sets and determines the quality of your material life, rather than that quality being set and determined by your unique creative potentials, intrinsic motivations, and enthusiastic participation, you get distortions in psychological qualities leading to discontent and even mental illness, and you get distortions in social values which cause differences that would, under other conditions, be valuable to turn into conflicts of a disintegrative nature leading ultimately to hate and violence. So it's the other way ‘round really. By giving credit to people simply for existing you haven't quantified their existence or their uniqueness. You have in fact requalified it as intrinsically valuable, and entirely impossible to quantify. You say, “We no longer will hold your life and livelihood over your head under threat of cold and starvation. We never had the right to do so in the first place. You get to exist just for being you. I wonder how you’ll surprise me!” Thus we don't get those social and psychological distortions we're worried about.

People are lazy. They procrastinate. If you pay people to exist, because you give them a universal basic income (UBI), nobody will do any work!
Sure, but it depends on the context. We are also curious and creatively active. In a Nanny welfare state context, surrounded by a larger partially rigged merit based for some context, with an over arching and largely governing ‘too big to fail’ context, we get meanings and incentives that are contradictory and in conflict.
For example, because of the way the welfare system functions within the housing market many people would become poorer if they wanted to work and get off welfare since they’d lose their $300 housing and have to rent $1500 housing. That’s an immediate 500% increase in expenses. It’s an incentive NOT to work. In Creditism people are incentivized to work through receiving personal credit called a ‘bonus’. A ‘bonus’ is a reward for useful, necessary, or beautiful things somebody does that their community wants them to do, whereas a ‘wage’, if you’re living paycheck to paycheck like almost everybody in the world is, is not a reward. It’s a necessity. It’s your survival. Somebody is making a profit from your need to survive. Some version of, “Capitalists provide the things you need to survive. They add value.” usually comes up at this point. So let me put that back to you... Are you saying that there wasn’t food, water, and shelter before someone thought up the idea of a Capitalist?
There, Creditism is simply saying if someone CAN own food, water, and shelter then surely, in point of fact, everyone DOES own food, water, and shelter.
Or, if you’re of a more academic nature there are several indications in the literature, here, here, and here for example showing that what you are calling laziness and procrastination are actually a result of a context dependent lack of meaning in peoples lives. Creditism causes the meaning of peoples lives to be reclaimed because it's a context that values people in an ontologically accurate manner.

Money is the root of all evil!
If money is the root of all evil then wouldn't the control of money by a very few policy makers and boards of banks, causing them to make money, then cause them to be eviler than they otherwise might be?
We're pretty sure that the PRIVATE control of the CREATION of money is the root of quite a large portion of evil. And that the creation of money as private debt rather than public credit is the root of quite a good bit of the rest of the evil.
The context within which those evils function is the ignorant (an error) capture of a Commons, as if it was unowned to begin with, precipitating and ensuring the aforementioned evils, and explaining most of the remainder. (Like the Buddhists discuss).
Selection for certain psychopathologies to rise in power is driven by that state of affairs, and the creation of various other disempowering mental illnesses is driven by the conflict between our true natures, their devaluation in our current economics, relating with other important developmental factors.

Creditism is just Socialism repackaged!
Actually, Creditism is an anarcho-libertarian-syndicalist-republican-meritocratic-economic-direct-democracy if you want to be fussy about it. It appears to be a 2.0 version, or a technological reflection, of something primeval.
The anarchic element of Creditism has to do with replacing State bureaucracies managing ‘property’ relations with people participating in dynamic ‘stewardship’ mediated through a holochain record, thus causing those bureaucracies to become obsolete. A States’ ‘monopoly on violence’ begins to evaporate due to the syndicalist element mediated by the democratic bit. Police forces and prisons begin to ‘syndicate’ due to communities making self-directed decisions about how they want to respond to any violence a member of their community perpetrates.
The republicanism is the ‘rule of law’ of the uncorruptible digital holochain record of all the planetary stuff on the one hand, and the ‘laws’ that are the allocation rules, for credit and for stewardship, of the economic protocol on the other hand. Additionally, there is the unique ‘democratic republicanism’ of each community consisting of the body of decisions regarding any violence of their members. That's created from the direct democracy interacting with the sydicalism.
The syndicalist bit is the fact that because of the republican bit people can and do self-organize into autonomous collectives (syndicates) to perform tasks the community as a whole has determined to be necessary or desirable. There are many forms of those ‘syndicates’: councils, co-ops, schools, hospitals, stores, farms, clubs, distribution groups, manufacturers etc. Really, since we're all doing stuff already, and we will continue doing a lot of that stuff under Creditism, the republican-democratic accounting simply transforms the meaning of a thing like a ‘company’ into the meaning of a thing like a ‘syndicate’.
The element of meritocracy is that there are allocation rules in the republican piece that award personal credit bonuses for work, and for improvements an individual makes to some object or resource they steward, which is also ‘work.’ Another meritocratic element comes in because the republican accounting of limited communal resources are allocated for productive use in a competitive libertarian market of ‘charters’ ultimately answerable to the democratic bit and the first meritocratic bit.
Creditisms’ libertarianism is that a State doesn't regulate free exchange in an open market. Instead, free individuals in a competitive open market of goods and services signal their preference, for a syndicate or individual producing a good or service, when they freely spend their personal credit, take stewardship of some object, like a house or car, rather than some other house or car, and through giving or spending their community credit which functions to select an individual or syndicate over another individual or syndicate who are competing with each other for a charter to make use of a limited productive communal resource like a building, manufacturing facility, or a stand of trees etc. in Creditism’s republican mediated libertarian charter market.
The economic democracy aspect of Creditism is first an effect of the republican codification of the right to the credit on which individuals, families, and communities depend for their existence. It's further actualized by the republican codification of meritocracy in a libertarian free market since individuals are enabled to interact as free economic citizens who signal their desire for economic activities through their working and spending habits. Then the anarcho-syndicalism enlivens economic democracy further because of spontaneous self-organization for achieving extra personal credit bonuses when working together for some desirable goal or product that a community and individuals signal as desirable through direct economic and political democracy, the libertarian free market of their purchasing habits, or both.
Creditism’s direct democracy facet is the result of the distinction between community credit (CC) and personal credit (PC) (mmm... Something like that. I'll get there...)
... But I bet you already knew that! Another way to answer your “Socialism” critique is just to say that no, Creditism is The Algorithms as a reflection of The Axioms of Life as described elsewhere.
The rediscovery of money as credit we create amongst ourselves interacting with each other and the world under rules that either value or don't value existence (The Algorithms), is allowing us to begin realizing that each diverse voice of political, social, or economic philosophy, highlighted above, in fact only hang as facets of a jewel together. They are all unworkable alone, causing theoretical errors that eek out as ‘externalities’ in other areas. As has been noted (shout out, dude!): Some individuals and groups are being “...rewarded for degrading what belongs to the rest of us.” Delightfully, it appears, that is no longer necessary...

That’s too complex!
Money is credit. Credit is created by individuals and communities interacting with each other and the world. It always has been. All of it has real value. Creditism is the accounting of real value. That’s simple. The rest just falls out like dominoes.

Creditism is Utopian. Do you know how much death Utopianism has caused?!
Yes we do! Utopianism can be defined as: the practice of maximizing for a single, or limited set, of metrics of value. It can alternatively be defined as: practicing an ideal to the detriment of other necessary ideals. Capitalism is maximization for the growth of private profit, measured by the growth of debt money as its metric, concentrating real resources (wealth), and achievement of creative autonomy into fewer and fewer hands. It's other metrics like median income ratios with GDP play second fiddle to that, as a pulse taking of how ornery people are becoming. Those other kinds of metrics are republican-representative-democracy attempting to constrain Capitalism's inherent definitional ruthlessness. Capitalism is Utopian created somewhat Dystopianism, especially at the edges. Whereas Creditism is not an attempt to constrain all values to a single, or limited set of metrics. Rather, Creditism Is the crowdsourced accounting of the myriad different kinds of real values, since it recognizes existence itself as valuable and valued already. Capitalism can only recognize the value of laughter, play, a building, neighborliness, fellow-feeling, teaching, machines, motherhood, tools, barn-raising, and time itself if, and only if, those activities are profitable as measured in debt money. Creditism doesn’t have that hangup.

You’ll never be able to implement Creditism. There's too much vested interest in the current system. Creditism is a pipe dream!
Alone, no small group of people will implement Creditism. Together though, many small groups of people will hear of Creditism, begin to understand it, and begin to participate in its crowdsourced and playful emergence. That is what you and I are doing together now.
... A collective of people built the tech: a decentralized holochain ledger to account for global capital that's unhackable in principle (The Structure), many individuals are receiving credit through creating personal accounts on that ledger (The Spread), while individuals and collectives of people are earning extra credit accounting for all global capital by populating that ledger (The Play For The Commons), collectives of people are credited exploring and expanding the academic field of Creditism (The Grokking), the social field of Creditism is ringing louder as more people add their voices to it (The Spread), and our Credit is beginning to be used amongst ourselves with one another widening our economic, social, and cultural opportunities (The Praxis)...
... And we're partially back from our imaginal state (The Fugue)... Or perhaps (The Glasses) bah, bah, bammmmm!?... What do you think?
Besides, never acting on a problem of dire concern is certain to contribute to the continuance of that concern, as well as increasing its direness. That's a positive feedback loop; a self-fulfilling prophecy if you will. A cognitive error. Wacky, you feel me? From V For Vendetta:

Evy: Can I ask about what you said on the telly? Did you mean it?
V: Every word.
Evy: You really think that blowing up Parliament's going to make this country a better place?
V: There's no certainty, only opportunity.
Evy: I think you can be pretty certain that if anyone does show up, Creedy'll black-bag every one of them.
V: People should not be afraid of their governments... Governments should be afraid of their people.
Evy: And you're going to make that happen by blowing up a building?
V: (pause) ...The building is a symbol, as is the act of destroying it. Symbols are given power by people. Alone, a symbol is meaningless, but with enough people... Blowing up a building can change the world.
Ooow, scary!
But Creditism doesn’t want to blow up any buildings, it just wants to account for them, account for you, and let you and that old moldy building dust yourselves off from fisticuffs with Capitalism and ten thousandish years of Game A, and let y’all and our ancestors put yourselves to good use for everyone and our children. But only if you feel like it.
It’s also about to annihilate Capitalism with a megaton integrative purpose bomb... Next objection?

Your going to account for me, my family, society, every resource, building, car, and product? Creditism sounds like a hyper surveillance state with no privacy!
Not at all. You, your families, your communities, and mine, are going to account for ourselves, and every resource, building, car, and product by creating individual, private, unhackable, backupable, digital accounts on an incorruptible holochain ledger when we feel like it because it’s fun, and we each think that we want to and need to. We’re already doing most of that already. We just happen to be doing rather a bad job of it while getting little credit for it, and destroying ourselves and the planet in the process.

Sounds like the Borg!
A tough cookie, eh? A real hard case, huh? A wise guy, is it? An iconoclast of the highest order! Difficult nut to crack, as it were. The veritable Megatroll of our times, I presume! And so on... Welcome! We’re a mob of angry nerds as well. So strap in...
“Actually, (delivered in as nasally of tones as you care to imagine.) the Borg are a centrally-determined hive mind, imposed, created, and held together by the will of a queen, acquiring additional wetware nodes by force, to use lifeforms as viruses to propagate them-self, and their programming.
(Takes off glasses.) “Whereas, Creditism is self-determined decentralization, intuited, created, and held together by the will of the people, reclaiming collective resources through agreement, to use the planet as the foundation for regaining ourselves as individuals in communities, probably contributing to the continued emergence of a collective spirit that exists already anyway... Creditism-qua-Borg? (Waves glasses...) ...(Put’s glasses back on.)”

Creditisms’ uber reliance on digital technology for accounting and payment defeats it before it gets off the ground! It just isn’t going to launch! What happens every time there’s a power outage? Not to mention a system destroying Carrington Event! And what, you want my grandma to become tech savvy all of a sudden? She can hardly work the remote control for the dvd player she’s still using!
Oh! Things are more precarious than you know! If there was a Carrington event tomorrow our lives would be thrown into chaos because our infrastructures, institutions, and economics would be thrown into unmanageable chaos. Because those systems are centralized by design, and managed in a command and control fashion, the ability of people to respond to collective emergencies is severely hampered. But that's not the half of it!
Since our accounting for people, their skills, and the means with which to deploy their skills are centrally controlled, due to the centralized accounting of money as debt which is stored in undistributed privately controlled digital ledgers, a Carrington event would immediately halt any responsive necessary and productive creative activity that gets its marching orders from money as debt circulations. And there’s a whole lot of responsive necessary and productive creative activity that so get their marching orders. It's a lot more than you think, and there are similar precedents.
It’s akin to what happened in The Great Depression, sans the digital aspect. It was a sort of economic ‘Carrington event’. We all still existed. Our skills still existed. Our buildings, machines, and resources through which we deploy our skills still existed. Our desires to deploy our skills still existed. Yet, masses of people found themselves without food, water, shelter, or opportunities to work. In that situation what is the thing that was absent? Credit was absent. Money was absent. Somebody said, i can't remember who, that The Great Depression was a situation in which it was like if your boss called you one day, when you were getting ready to go and build some houses say, and instead he said to you, “Well, there's no work today. We've run out of inches.” Circulating paper money, and accounting on centralized paper ledgers at the time were those inches.
In our current fragile, complicated, regionally global, and centralized economic system we find ourselves entirely hampered from addressing your concerns. We have the knowledge of Carrington events. We want to be prepared for them. We know how to be prepared. And we have the enthusiasm and stick-to-it-iv-ness to address that concern. What we don’t have is the correct economically mediated political and social will to do so. In the antifragile, complex, globally regional, diverse-to-the-nines, decentralized, distributed system of Creditism your concern is heard and valued, and you are given the social, political, and economic capital to address your concern in a creative, innovative, and even playful fashion with your peers. You could create, for example, iterative distributed community supported Faraday cage shielded electronic ledger backup bunkers, powered alternately by shielded geothermal generators, with walls decked out in storm fallen hand crafted and finished walnut shelving, occupied with hand inked paper ledger backups of the digital records on handcrafted and bound local paper that hearken back to medieval illumination manuscripts, with the overall aesthetic effect of a shrine and sacred repository of knowledge to communal credit relationships that allows us all to out-wait any storm the Sun cares to express, while watching an astonishingly unprecedented Auroral display we’ll all remember for a thousand years... Knock it out of the park, dude!
Or we can just print certified monthly personal and community credit statements and what not. Whatever’s clever. External back up drives don’t need power until you wanna look at ‘em, and we can physically account for most capital items listed on private ledgers as well. In Creditism the resetting of Credit balances isn’t the end of the world, just the continuation of game play from approximately where we left off.
Last, and most definitely not least, your Grandmama... When engaging with our economic system is as easy as playing Angry Birds on her smart phone while being valued for any personal, political, or economic voice she cares to exercise, and having no compulsion to do any of those things, while you and your community have access to the resources to care for her anyway, your lovely Granny will flourish more fully than ever before. As will we all.

Who will own small businesses?
Recall that every person and Corporation has cashed out the net value on all land and buildings, thus they have no more ‘ownership’ claims to those; they get listed on Local ledgers. The original ‘owners’ become care-takers and directors of their business group (if they want) and for this extra responsibility they will earn more pay in Credit. There is no rent, debts, property tax, utilities, insurance, or labor costs to pay anymore. The land and building can continue to be used by the same business simply by registering to lease free from the City. The business group is run by existing workers cooperatively and/or new workers who choose to work there for Credit direct by the system. In the example of a movie theater, it already exists, the workers work, they all have a say and they can organize it however is best to run it. They will have some expenses, they’ll need to buy cleaning supplies, bathroom items, and generally repair and replace things over time. For this they will have a Community Credit account. Any person or the City can give them the CC they need. The drink and food on location could be paid for by user Personal Credit rather than from Community Credit in this case.

Annual Capital Flows Comparison
Private Ownership of Global Assets
Credit to Nations & Corporations
Credit to Private Capitalists
Credit to People
Credit to Government via Taxation
Credit to Private Banks
Credit to Communities and Co-ops
There are no rows in this table

Creditism Song:

Loose Text
The need for elected representatives and centralized institutions is replaced with consent-based protocols that define the relationality with one another and our communities.
Using modern technology like Ethereum or Holochain, we can ensure that everyone always has currency to purchase items from the global ledger or to exchange private possessions. This approach simplifies and promotes fairness in mathematical calculations, eliminating capitalism’s negative externalities. Consequently, we can establish a genuine, open, managed, and free market, rather than extraction and rentierism of our commons.
In Creditism, a decentralized currency unit called Credit flows directly to all people without requiring any redistribution schemes like interest or taxes. Firstly, it flows monthly to everyone as a universal basic income (UBI), providing an equal amount for everyone's basic needs. Secondly, it is collected by people as proof of value (POV) for their participation and contribution in activities like playing, learning, and working. Lastly, Credit currency flows as a bonus incentive to recognize and reward excellence in all aspects of social activity replacing profit by trade.
Decentralizing money and its power means we can eliminate control and domination by banks, corporations, nations, governments, dictators, bosses, hierarchies, and masters of all kinds. People will be the primary players and not fictional entities.
We can become one global human family, a real Civilization.
Imagine bold and urgent transition to full participation in the co-creation of our shared reality. It means we can finally have an open, shared, collaborative, prosperous, and truthful social economy instead of one built on rivalry, secrets, patents, misinformation, lies, and war all incentivized by an amoral Game A value system they call economics.
Capitalism is a finite game just like Monopoly. It is a mathematical inequality-producing game that has already been won by a small percentage of people who own and control the entire world. Sure, we can have a revolution, flip the board, reset the points and the positions of all the players but we’d wind up again with concentrated wealth and power if we continue to determine value by trading. This is what Jesus attempted to do, only to be crucified. This path has already been tried repeatedly before Jesus’ time with debt jubilees resulting inevitably in the same disastrous hierarchy, inequality, and poverty.
What’s needed is an evolution of economics, a new game of life.
Creditism represents an evolution by reclaiming our global credit and our global commons, which can restore both our people and our planet. It reimagines the control, use, and access of land, buildings, houses, and resources worldwide. It is a new math. It is the beginning of infinity.
Creditism enables participation, coordination, and the creation of a new emergent world free from existing power structures. It seeks to eliminate the separation between the economic and political spheres, creating an emergent egalitarian society in control of life's essentials and rendering the state unnecessary.
In Creditism, the ultimate goal is to prioritize life over wealth. After all, the economic organization should enable the enjoyment of life, nature, and culture.

Certainly, all work is voluntary in Creditism, allowing individuals to choose where they want to work for personal Credit. The system transforms corporations into worker self-directed groups, run democratically by workers, focused on providing services or producing goods based on people's needs and desires. These groups do not operate for profit and are subject to democratic decisions by the local community regarding properties, equipment, or land, aligning with regional and global sustainable goals.
The need for profit-driven work is replaced by a Community Credit account in each city, funded with 50 units per citizen monthly. Citizens can collectively decide where to allocate these credits, resembling civic crowdfunding. This money is then given to clubs and co-ops through their Community Credit accounts for purchasing necessary supplies. The system incentivizes positive actions, such as protecting the environment, by removing the rewards for harmful practices.
Unlike the current economic system, Creditism shifts the focus away from slaving for a paycheck to pursuing moral personal goals. By redirecting efforts toward education, renewable energy, healthier food, and infrastructure improvement, individuals can contribute to societal well-being. Money, as a tool for exchange, is redefined with the introduction of a universal Credit currency, eliminating the corrupting power of money. This allows for a true 'free market' of 'things', with utilities like energy, water, internet, cable, and cell service mostly being free.
In this new system, digital content and various goods may eventually become free as technology advances, and Society rewards producers with bonus Credit based on demand or value. The concept of Bonuses extends to individuals or groups excelling in their fields, fostering competition and extraordinary contributions. With the elimination of coercive practices through the proper use of Credit, people can enjoy true liberty and full equality.
Many jobs that serve no purpose to individuals or their communities, such as those in banking, stock brokerage, and marketing, are thrown into the dustbin of history, thus freeing people to pursue more meaningful endeavors.
Additionally, Creditism dismantles the barriers of copyrights, patents, and secrets, reducing intentional misinformation. The system encourages the development of knowledge and innovation, emphasizing the importance of embracing new ideas and information. Creditism, born out of the desire for all people to live in an environment of opportunity and autonomy rather than scarcity and control, strives to achieve positive change and promote a more equitable world.

Sovereignty means to be a responsible conscious agent to the world.
Tune in to the truth.
Turn on your sensemaking
Act: make good choices using your senses


Resource Allocation in Creditism
In Creditism, resource allocation is based on the principles of fairness, transparency, and sustainability. The system is designed to ensure that everyone has equal access to resources and that resources are used in a way that benefits the entire community.
I. Introduction
Sovereignty: Having supreme authority over oneself, being empowered, conscious, purposeful, and responsible to the world.
Creditism begins with empowerment for all through the distribution of Personal Credit (PC) and Community Credit (CC).
II. Personal Credit (PC)
Every person receives a lump sum of PC based on their age (3,000 PC x age up to 50, then -3,000/yr after 50).
PC can be used to purchase limited goods and services.
PC is earned through:
Universal basic income (UBI): Every person receives a monthly UBI of 300 PC.
Proof of value (POV): Individuals and groups earn PC by participating in activities deemed valuable by the community.
Bonus Credit: Individuals and groups can earn Bonus Credit for exceptional achievements or contributions to the community.
PC is used in the marketplace for personal access to scarce goods or activities.
PC cannot be transferred to another person directly, preventing bribery, coercion, theft, or robbery.
III. Community Credit (CC)
Each community receives a monthly allocation of CC based on population size.
CC is used to fund public projects and services, such as schools, hospitals, and parks.
Every person also receives a monthly UBI of 100 CC.
CC can only be spent by fictional entities like communities, clubs, and co-ops.
IV. Housing
Every adult becomes a guaranteed caretaker of housing, free of debts, insurance, rent, and taxes.
Housing is assigned based on a Housing Level (HL) system.
HL is determined by various factors, including age, previous addresses, current home net value, demand, and current inventories.
Individuals can increase their HL by:
Directly 'buying up' using PC.
Upgrading their house, which also upgrades their HL.
Maintaining their house and value.
Individuals can choose from available housing units anywhere in the world based on their HL.
The Local communities decide which houses can be private residences and which are for short-term needs or vacation purposes.
V. Benefits of Resource Allocation in Creditism
Fairness: Creditism ensures that everyone has equal access to resources, regardless of their income or social status.
Transparency: The resource allocation process is transparent, so that everyone can see how resources are being used.
Sustainability: Creditism encourages the use of resources in a sustainable way, so that future generations can also benefit from them.


a re-imagining of the control, use, and access to all the land, buildings, houses, and resources on the planet.

Sovereignty, Opportunity & Liberty

… for every person on Earth!
It’s a global, alternative currency system that can be used if/when the people need or want to evolve. It’s a plan for a new game of life, but this time, without debt, without taxes, and without Masters. It’s time for supreme rule of one’s self. With these steps, we can unite humanity.
It starts with a global reset; the deletion of all debts. Each person gets a new global, digital Personal Credit account with a starting balance based on their age. Next, people convert the net asset values of all their property (cash, bank accounts, land, houses, buildings, stocks, bonds, etc.) and add that amount too. The important part here is to make sure everyone has Credit to start with. Yes, every person on Earth, even kids.
Common Planet is a re-imagining of the control, use, and access to all the land, buildings, houses, and resources on the planet. Using open Geographic Information System (GIS) to model and become caretakers of housing or property as a guaranteed right. You will be responsible; it will be yours free from all debt, insurance, rent, or taxes for as long as you like. You will enjoy upward mobility with the opportunity to move anywhere on the planet, trade, swap, or upgrade.
Since there will be no need for Banks, Insurance, Investing, Tax Collecting, Real Estate agency, Advertising, Sales, other middlemen or any financial ‘services’, these houses, offices, and buildings currently in use will become available for citizens and Groups to use.
Utilities such as energy, water, internet, TV and mobile service will mostly be free. Anything with a production cost of zero, will be free, of course. This includes all digital content: music, books, movies, games etc. As we build and improve technologies, ‘costs’ will go down, and eventually more and more ‘things’ will become free, like food, clothing, products, even transportation; maybe this can lead Society toward that elusive dream of the Resource Based Economy (RBE).

Want to print your doc?
This is not the way.
Try clicking the ⋯ next to your doc name or using a keyboard shortcut (
) instead.