The title is familiar but I think I had read a different one and confused it for this one. Reading now - its like finding a treasure you didn't realize you'd misplaced.
And it has a reference to Tesla's pigeon. or dove. Dove sounds better. And a memorable take on welding.
also published on mirror.xyz - but I think I'll keep a copy here all the same. some of the thoughts evolved from the previous "minddump" draft...
The dismal science, also known as Economics, describes behavior as "rational" if maximizes personal satisfaction. Markets are held up as a tool for maximizing everyone’s satisfaction, yet they they inherently anonymize the participants, limiting the “rational” values that can be modeled. Behaviors based on principles or relationships are disregarded - yet non-transactional values that cannot be "bought" are central drivers for behavior in most humans that I care to associate with. I prefer to deal with people I know and trust, to work on things I care about, to buy products that were made in fair working conditions. I strongly want never to buy things that murderers profited from, yet today I often do so. An anonymized marketplace does not allow me to easily act “rationally” based on my actual values. A richer ecosystem of information would provide much higher utility, than the current common model of anonymized transactions.
In math, the shape of the universe follows from the axioms chosen. An assumption of scalar rationality in which all values are transactional
Joy in work comes from meaning, and teammates - and most when colleagues share the meaning and core values, enough of the deep context, and share a level of professionalism and skill to make work fly. It is common enough to find shared professionalism or skill, harder to find the shared meaning, and a treasure when all come together. If in addition it pays something, well, it's a plus but it makes little difference to the moment, as long as bills are handled somewhere.
Transactional markets are never going to capture this. Nor do they try to - but why do economists find it legitimate to handwave away the real reasons many of us do work?
Money, according to Economics 101, is useful as "a medium of exchange, a unit of account, a store of value, and a standard of deferred payment." And so it is. Economics, however, if measuring real change in the world - something equivalent to the concept of work or energy in physics - should not limit itself to those patterns measurable by scalar and
Currently focusing on my WhatsCookin' startup, demonstrating a working model of work-weighted corporate governance, and decentralized tech.
One of the key things to decentralize is trust. I do think we will need a feed of reputation assertions, simple description here - Open Reputation Feed