[Nettime-bold] Re: Potlatch (was: Re: <nettime> Garcia/Lovink: The GHI of Tactical Media) [ie. further non.sense]

[integer@www.god-emil.dk]

>Hiya,

that is repulsive


>Here are some belated comments on a recent posting from Jim Carrico. The
>details of his interesting scheme on: <www.potlatch.net>:
>
>* The potlatch was designed to *prevent* abundance not facilitate it.
>Tribal societies were threatened by the accumulation of wealth by their
>leaders turning into fixed class divisions. The potlatch hindered this
>process by encouraging the giving away (or destroying) of surpluses. Being
>good liberals, the English colonialists were - not surprisingly - outraged
>by such "irrational" behaviour...
>
>* It is not universally accepted that money regulates the scarcity of
>*things*. This may be the academic orthodoxy, but it is debatable whether
>this is what is actually happening within capitalist societies (see Adam
>Smith and his admirers). What money could be doing is regulating the
>division of labour, i.e. the scarcity of *time*. While it is fun to point
>out that neo-classical price theory implies that cost of digital
>information is zero, this ideology can't explain why the labour used for
>making this information often does have a price.


the problems of nonstationarity in brief multivariate time series arise 
in brain dynamics as well as in climate analyses.





>All the best.
>
>Later,
>
>Richard
>
>-------------------------------------------------------------------
>Dr. Richard Barbrook
>Hypermedia Research Centre
>School of Communications and Creative Industries
>University of Westminster
>Watford Road
>Northwick Park
>HARROW HA1 3TP







1001 ventuze.nn








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