From Hallowed Be:
When you were talking about your serendipitous 2nd hand book, I almost asked you whether you’d read – down and out in the magical kingdom. (same guy as this post i think) From what i can gather- starts from a post scarcity, post mortality and they have social credit currency called wuffies. Be interested in a book review of that.
Not sure I actually want to read it but:
“Bitchun Society” is the dominant Earth culture in which rejuvenation and body-enhancement have made death obsolete, material goods are no longer scarce, and everyone is granted basic rights that in our present age are mostly considered luxuries.
OK, Marxist post-scarcity economy.
Whuffie, a form of digital social reputation, replaces money and is a constantly updated rating that measures how much esteem and respect other people have for a person. This rating system determines who gets the few scarce items, like the best housing, a table in a crowded restaurant, or a good place in a queue for a theme park attraction.
We’re never going to be entirely post-scarcity, there will always be positional goods. So, who gets them? Why not the Chinese social credit system as a method of allocation?
Adhocracy is a type of organization that is an opposite of bureaucracy that has replaced corporations.
That’s answering Coase on the Theory of the Firm. Some things are best done by permanent organisations – with all their costs and bureaucracy – and so we have firms. Other things are better done by networks which coalesce for a task then disperse. Which things are which depends upon, well, depends. The state of technology being one of them. Better comms will lead to more things being done by networks of short term contracts, for example. Better transport links will allow greater geographic dispersion, etc. It’s not necessarily true that post-scarcity will mean the networks win but why not?
This future history book takes place in the 22nd century, mostly in Walt Disney World. Disney World is run by rival adhocracies, each dedicated to providing the best experience to the park’s visitors and competing for the Whuffie the guests offer.
Markets and competition still exist!