stephen on real capital ness
stephen hinton on real capital ness
via michel bauwens tweet [https://x.com/mbauwens/status/2114339854704373832?s=20]:
I cannot think of a more important accounting framework for the world:
* The Real Capital Framework
https://stephenhinton584706.substack.com/p/the-development-of-the-real-capital? // https://wiki.p2pfoundation.net/Real_Capital_Framework
RCF is a framework developed by Stephen Hinton for *describing, measuring and managing the real assets and productive capacities on which human **wellbeing and economic activity depend.
if *this.. not **this
“an accounting and management language for the *real foundations of provisioning, including assets that are **not conventionally represented on financial balance sheets”.
*what we need to be ‘provisioned’ with – **conditons for legit freedom
< ” The development of the Real Capital Framework (RCF) has evolved from a conceptual tool designed to bridge the gap between scientific research and public policy into 1) a rigorous, operational system for managing regional resilience. And is developing into 2) a tool for nations to do resource-based pre-budgeting. ” >
Check out its progress so far:
Incorporating Modern Monetary Theory (MMT) and Resource Ontology
Partnering with Permaculture as design language and Establishing “Two Ledgers”
Merging with ISO 55001 to Create a “Canonical Asset Model”
Designing the Diagnostic Architecture (The Four-Pane Matrix)
The Present-Day Basis for a Regional Resilience Center
It is my sincere conviction, dear @V1rtuousCycle, that @ProtocolSociety *should be aligned with these kinds of frameworks, **so that value goes beyond subjectivist interpretations to something that is in line with the material grounding of the human economy.
*if any form of m\a\p.. **still mufleh humanity law – aka: not human econ ness
notes/quotes from p2p wiki [https://wiki.p2pfoundation.net/Real_Capital_Framework#From_needs_to_assets]:
A characteristic RCF procedure is to work backwards from socially recognised needs.
what if these are actually cancerous distraction to the deeper needs we all crave
The approach puts *physical and social realities **before monetary calculations. ***The monetary economy remains relevant, but financial costs are treated as a subsequent question rather than the ****starting point for determining what is physically or socially possible.
*of sea world.. so still **all the calc ness
***huge red flag still in sea world
****for that.. need 1st/most: means (nonjudgmental expo labeling) to undo hierarchical listening – so we can hear what’s already on each heart as global detox in order to org around legit needs
findings (aka: the things i can’t unsee) from on the ground ness deep dive and why we need tech w/o judgment
ie: the dance won’t dance unless/until it’s 1\ all of us 2\ legit free
nothing to date (ever since that day) has gotten to that root of problem
legit freedom will only happen if it’s all of us.. and in order to be all of us.. has to be sans any form of measuring, accounting, people telling other people what to do
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