,! ,ORGANIC ,EM]G5CE ( ,PROP]TY FROM ,REPUTATION 

,PEOPLE 3 

,AU?OR 3 ,WILLIAM ,GILLIS 

,TEXT 3 

,= C5TURIES RADICALS HAVE DEBAT$ ALT]NATIVE PROP]TY SY/EMS1 & ,I'M GLAD WE'RE HAV+ !SE CONV]SATIONS4 ,BUT :AT HAS BE5 CONSI/5TLY DISAPPO9T+ AB\T !M IS H[ LITTLE !Y G5]ALLY SEEK TO EXPLORE ! UND]LY+ ROOTS ( 0PROP]TY0 ITSELF4 ,TO BE SURE1 ALL SIDES PROVIDE E?ICAL >GUM5TS = :Y !IR SY/EM IS SUP]IOR ?AT MAKE MOVES 9 ?IS DIRECTION1 BUT ! DEBATE HAPP5S L>GELY AS ?\< EA* ( !SE SY/EMS W]E POLITICIANS OR PLAT=MS4 ,RA!R ?AN ILLUM9ATE :Y WE >E HAV+ \R DISAGREEM5TS & :E!R !Y CAN BE BYPASS$1 ! V>I\S POSITIONS SLIDE 9TO M]E COMPETITION BY PRES5T+ !IR [N POSITIVE QUALITIES & ! D[NSIDES ( !IR COMPETITORS4 

,! APPROA* ,I 5C\RAGE AS AN ALT]NATIVE IS ONE :]E WE DON'T EXCLUSIVELY COMP>E PREFIGURATIVE 5DPO9TS -- F9AL UNIV]SAL SY/EMS -- BUT 9/EAD FOCUS ON ! MEANS BY :I* SU* SOCIAL NORMS >E G5]AT$ FROM ! BOTTOM UP4 ,AS AN>*I/S IT'S SILLY PAGEANTRY TO WRITE POLICY PAP]S SETTL+ ON A S+LE & PRECISE BLUEPR9T -- AS IF WE MI<T DEBATE IT ON SOME FLOOR & RAISE 5\< VOT]S TO \R SIDE TO 5ACT IT4 ,9/EAD \R GOAL %\LD BE TO PROVIDE A BETT] ACC\NT ( ! DYNAMICS & POSSIBILITIES 9H]5TLY AT PLAY SO ?AT 9DIVIDUALS MI<T HAVE MORE TOOLS & KN[L$GE AT !IR DISPOSAL TO BUILD SOLUTIONS = !MSELVES4 

,! QUE/ION IS NOT SO MU* :AT PROP]TY SY/EM MI<T F9ALLY BE SETTL$ ON1 BUT H[ IT %\LD EM]GE4 

,BE=E />T+ ,I WANT TO UND]L9E SOME?+ ,KEV9 ,C>SON T\*$ ON BRIEFLY1 BUT W>RANTS UND]L9+ = MORE COMMUNI/IC READ]S4 ,!RE'S A HI/ORY ( SEMANTIC BAGGAGE >\ND ! T]M 0PROP]TY0 & MANY COMMUNI/S PREF] TO RE-LABEL ?+S LIKE P]SONAL TOO?BRU%ES 0POSSESSIONS0 9/EAD4 ,BUT 0POSSESSION0 IS ALWAYS A MATT] ( DEGREE & #a#hS ]A DI/9CTIONS BETWE5 = EXAMPLE ?+S & ?+S ?AT HELP MAKE O!R ?+S 7COMMODITIES V]SUS CAPITAL7 SEEM V]Y SILLY & >BITR>Y1 A HI<LY CONTEXTUAL FRAMEWORK ?AT IS RAPIDLY DISSOLV+ ) MOD]N TE*NOLOGICAL DEVELOPM5TS4 ,I'M HAPPY TO SPEAK ?IS NI*E LANGUAGE ( 0POSSESSION0 9 C]TA9 SETT+S1 BUT ON ! :OLE ,I F9D IT A MISLEAD+ DI/RACTION & ,I WILL FOLL[ ,KEV9'S LEAD -- AS WELL AS ! RE/ ( ! ,5GLI% SPEAK+ WORLD'S -- 9 DEF9+ 0PROP]TY0 AT ITS MO/ BASIC AS ANY TITLE GRANT+ PRIMACY 9 DET]M9+ ! USE ( A PHYSICAL OBJECT4 

,IT %\LD BE BL9D+LY OBVI\S ?AT SU* TITLES CAN BE OCCASIONALLY USEFUL4 ,BUT JU/ TO COV] ALL ! BASES & TO PROVIDE A FIRM F\NDATION ,I WILL BRIEFLY PRES5T ! CASE TO SATIATE \R MORE EXTREMELY COMMUNI/IC READ]S4 ,! POSSIBLE SCOPE ( COMMUNI/IC SY/EMS ?AT ATTEMPT TO PUT LIT]ALLY EV]Y?+ UND] ! PURVIEW ( 0! COMMUNITY0 %\LD NOT BE UND]E/IMAT$1 BUT EV5 ! MO/ RADICAL COMMUNI/ PROPOSALS USUALLY ADMIT SOME DEGREE ( PROP]TY TITLE AS WE'VE DEF9$ IT H]E4 

,R>E 9DE$ IS ! EXTREME COMMUNI/ POSITION ?AT LIT]ALLY ALL ?+S %\LD BE [N$ GLOBALLY1 ) NO CAPACITY = LOCAL COMMUNITIES TO EX]CISE EXCLUSIVE CONTROL OV] SOME ( !IR [N RES\RCES4 ,SUFFICE TO SAY IF ONE COMMUNITY HAS A VETO OV] ! USES ( SOME?+ & ANO!R COMMUNITY DOES NOT !N !RE IS SOME K9D ( PROP]TY SY/EM AT PLAY4 ,UNLESS SOMEONE 9 ,NEW ,YORK GETS A VOTE ON ! USES ( A TOO?PICK 9 ,EA/ ,TIMOR & VICE V]SA !RE'S A PROP]TY SY/EM GO+ ON1 :ATEV] ! LIMITS & H[EV] 9=MAL1 TO RECOGNIZE SPECIALIZATION & RELEVANCE4 ,! ACTORS MAY BE 0COMMUNITIES0 BUT !RE IS NEV]!LESS SOME K9D ( SY/EM D5OT+ & DET]M9+ ! B\ND>IES & TITLES ( :AT ?OSE COMMUNITIES CLAIM4 

,AS A SECOND EXAMPLE1 9DIVIDUAL AUTONOMY G5]ALLY MEANS BE+ GRANT$ VETO OV] ! FUNCTION & >RANGEM5T ( ONE'S [N BODY4 ,! PROBLEM IS ?AT !RE'S NO PHILOSOPHICALLY CLEAN L9E BETWE5 BODIES & TOOLS4 ,HAIR1 GLASSES1 :EEL*AIRS1 CRUT*ES1 ETC4 ,EV5 \R H\SES & VEHICLES CAN BE SE5 AS EXT5SIONS ( US1 9 T]MS ( ID5TITY1 CAUSAL CLOS5ESS1 AS WELL AS BASIC BODILY FUNCTION & SURVIVAL4 ,WE'RE ALL ALREADY TRAN%UMAN & AS WE GR[ EV] MORE SO ?IS BLURR+ OR QUE]+ ( ! CATEGORIES ( 0BODY0 & 0TOOL0 WILL BECOME ALL ! MORE 9ESCAPABLE4 ,WE S5D SIGNALS FROM \R BRA9S \T TO \R F+]S & EXPECT !M TO MOVE1 & \R F+]S S5D SIGNALS \T 9TO \R LAPTOP & WE EXPECT ITS /RUCTURES TOO TO MOVE ! WAY WE WANT !M TO4 ,MANY GEEKS TODAY HAVE TAK5 TO REF]R+ TO \R PHONES & COMPUT]S AS 0EXOCORTEXES0 TO REFLECT H[ DEEPLY WE 9TEGRATE ) !M & SEE !M AS EXT5SIONS ( \R SELVES1 \R WILL1 BODY & M9D4 ,SIMIL>LY ! DISABL$ (T5 SEE IMPLANTS OR PROS!TICS AS 9TEGRAL P>TS ( !MSELVES1 AS EXT5SIONS ( !IR BODIES4 ,IT W\LD BE E?ICALLY REPUGNANT TO PUT ! CONT9U$ FUNCTION ( AN >TIFICIAL HE>T UND] ! PURVIEW ( A COMMUNITY RA!R ?AN EXCLUSIVELY ! CONTROL ( ! 9DIVIDUAL 9 :I* IT RESIDES4 ,BUT IT'S ALSO CLE> ?AT !RE >E NO CLEAN L9ES TO BE DRAWN2 SOME ?+S S]VE A MORE TOOL-LIKE ROLE & O!RS MORE BODY-LIKE ROLE1 (T5 SMOO?LY TRANSITION+ 9 DEGREES BETWE5 ONE ANO!R4 

,FUR!R WE (T5 GRANT PEOPLE EXCLUSIVE PURVIEW TO FIDDLE ) A ?+ AS A RESPONSE TO REALITIES ( SUBJECTIVE EXP]I5CE & KN[L$GE4 ,\R ?\<TS1 DESIRES1 & CONTEXTS >E RI* COMPLEX ?+S -- 9 MANY REG>DS ULTIMATELY UNKN[ABLE ) ANY PRECISION TO ?OSE \TSIDE \R SKULLS1 MU* LESS ?OSE A CONT95T AWAY4 ,:5 WORK+ ON A PROJECT LIKE A SCULPTURE OR NEW DEVICE IT'S (T5 F> MORE EFFICI5T TO JU/ LET AN 9DIVIDUAL WORK ON !IR [N1 )\T HAV+ TO JU/IFY EV]Y /EP OR *OICE 9 A COMMITTEE4 ,WE SAY1 0,IT'S Y\R BLOCK ( M>BLE OR CIRCUIT BO>D0 & ALL[ !M TO T9K] ) IT EXCLUSIVELY4 

,ALL ( ?IS JU/IFICATION = ! MO/ SIMPLE & BASIC V]SIONS ( 0PROP]TY0 POSSIBLE MAY SEEM SUP]FLU\S BUT MY PO9T H]E IS ?AT !Y'RE PRACTICAL CONC]NS GR\ND$ 9 REALITIES AS SIMPLE & FUNDAM5TAL AS 9=MATION & PROCESS+4 

,! ASSIGNM5T ( TITLES TO PHYSICAL ITEMS IS AN 9ESCAPABLE CONC]N -- BUT = PRACTICAL REASONS4 ,CONC]NS ?AT >E DEEPLY DEP5D5T 9 MANY RESPECTS ON CONTEXT4 

,! V]Y IDEA ( 0L&0 AS BE+ FUNDAM5TALLY DI/9CT FROM SAY FUNGIBLE COMMODITIES W\LD MAKE NO S5SE 9 ! CONTEXT ( \T] SPACE :5 WE'RE BUILD+ AD HOC OR P]SONAL BIOMES FROM MELT$ A/]OIDS & ! VOLUME ( ! VOID IS UNLIMIT$4 ,ON ! O!R 5D ( ?+S1 SY/EMS ?AT CRITICALLY ASSUME ! POSSIBILITY ( HOME/EAD+ MAKE NO S5SE 9 A HI<LY POPULAT$ 9=MATION-AGE WORLD :]E EV]Y CUBIC 9* IS CON/ANTLY CATALOG$ & MONITOR$4 

,POPUL> CONCEPTIONS ( :AT 0LAY+ FALL[0 MI<T SIGNIFY C\LD *ANGE RAPIDLY ALONGSIDE BROAD] ACCEL]ATIONS 9 CULTURAL1 TE*NOLOGICAL1 & ECONOMIC DYNAMICS4 ,ONE MOM5T LEAV+ MY BACKY>D EMPTY = A YE> MI<T SEEM P]FECTLY REASONABLE1 ! NEXT MOM5T ! PUBLIC MI<T CONSID] IT AN 9TOL]ABLE & HORRIFIC WA/E4 ,I'M :AT8 ,US+ IT TO GR[ SOME GRASS8 ,I HAV5'T DONE ANY?+ ) ! MATT] 9 IT OR ! PRECI\S LIMIT$ SURFACE >EA IT REPRES5TS 9 NE>LY #c MILLION SECONDS6 ,?AT'S UNFA?OMABLE WA/E6 ,PLEASE SOMEONE1 ANYONE DUMP SOME NANOGOO ON IT & DO SOME?+ ) IT6 

,!RE'S A LOT ( TALK ?AT 0COMMUNITIES WILL SETTLE ON NORMS0 BUT NEV]M9D H[ ?AT SETTL+ IS SUPPOS$ TO HAPP54 ,H[ >E !SE /&>DS SUPPOS$ TO SMOO?LY EVOLVE & UPDATE TO REFLECT NEW CONDITIONS OR CONTEXTS8 ,PRECISELY H[ DOES ?AT WORK8 ,& GOD =BID WE CRITICALLY 9T]ROGATE ! V]Y IDEA ( DISCRETE 0COMMUNITIES0 AS ?\< AN AN>*I/ SOCIETY W\LD JU/ SETTLE 9TO VILLAGES ?AT CON/ITUTE A S+LE COMMUNITY RA!R ?AN AN 9CR$IBLY COMPLICAT$ ME% ( SOCIAL RELATIONS & NETWORKS ) NO CLE> B\ND>IES4 

,!RE'S BE5 A T5D5CY 9 ?IS DEBATE1 P>TICUL>LY 9 M>KET AN>*I/ DISC\RSE1 TO JU/ *UCK EV]Y?+ AT 0! COMMUNITY0 OR 0POLYC5TRIC LEGAL SY/EMS0 & HOPE ?AT MOVE RESOLVES ! ISSUE4 

,?IS IS 9 SOME WAYS ON ! RI<T TRACK1 BUT IT'S NOT 5\< BECAUSE APPEAL+ TO =MALIZ$ COLLECTIVE DECISION-MAK+ OR >BITRATION APP>ATUSES 9 MANY RESPECTS JU/ PU%ES ! BUCK BACK4 ,H[ DO ! CODES ( BEHAVIOR ?AT !SE SY/EMS JUDGE >ISE8 ,H[ CAN !SE SOCIAL CODES BE DYNAMICALLY OR ORGANICALLY *ANG$ OR UPDAT$ AS CONTEXT *ANGES8 ,:AT IF IT *ANGES DRAMATICALLY8 

,MANY 9 ?IS DISCUSSION HAVE APPEAL$ AT LEA/ P>TIALLY TO 0LABOR MIX+0 AS ! F\NDATION ( LEGITIMATE PROP]TY TITLE4 ,BUT ?IS JU/IFICATION IS DEEPLY PROBLEMATIC4 

,:AT DOES IT MEAN TO MIX LABOR8 0,IMPROVEM5T0 IS AT CORE SUBJECTIVE4 0,LABOR0 ITSELF IS AT CORE SUBJECTIVE4 ,IF ,I WALK 9TO A L>GE WILD FIELD & RE>RANGE A FEW TWIGS OR -- ALT]NATIVELY -- DO COPI\S G>D5+ REPOSITION+ WILD PLANTS TO %IFT ! LAY\T SLI<TLY1 EI!R 9 WAYS ?AT ,I ?9K 0BETT] *ANNELS ! SPIRITUAL 5]GY0 ( ! FIELD1 IT MAY LOOK LIKE EXACTLY ! SAME SORT ( WILD FIELD TO VIRTUALLY EV]YONE ELSE4 ,BUT IT MI<T BE ! CASE ?AT 9 ?IS NEW CONFIGURATION ITS UTILITY TO ME HAS 9CREAS$ DRAMATICALLY4 ,I MI<T D]IVE IMM5SE SATISFACTION FROM ! NEW >RANGEM5T4 ,9 ! CASE :]E ,I ONLY MOV$ A FEW /ICKS 7RA!R ?AN BREAK+ MY BACK DO+ G>D5+ ?AT NO ONE ELSE WILL P]CEIVE MU* *ANGE FROM71 ,I MI<T NEV]!LESS CLAIM ?AT ,I EX]T$ IMM5SE PSY*OLOGICAL OR M5TAL EF=T FIGUR+ \T :I* /ICKS & H[ TO MOVE !M4 

,9 A M>KET ONE MAY TRY TO JU/ GO (F ( 0M>KET VALUE0 BUT IT'S NOT PROV5 ?AT !RE W\LD BE ANY S+UL> METRIC ( SU* 9 A TRULY FRE$ M>KET -- ! CURR5CY SITUATION MI<T BE 9CR$IBLY COMPLEX1 FRACTAL & OV]LAPP+1 9 NO WAY MIRROR+ ! CURR5T CA% NEXUS4 0,! M>KET0 MI<T POSSIBLY BE A COMPLEX ORGANIC ECOSY/EM1 NOT IMM$IATELY GLOBALLY CLE>+ & ) NO CLE> EQUILIBRIUM PO9T = AN >BITRATION C\RT TO GO (F (4 ,9DE$ >BIT]S OR COMMUNITY BODIES OR :ATEV] MAY NOT OV]LAP ) CURR5CIES AT ALL4 ,BUT AGA9 EV5 IF WE C\LD SETTLE ON A S+LE NOTION ( VALUE IMPROVEM5T OR EV5 LABOR EXP5D$1 IT'S NOT CLE> H[ MU* %\LD BE REQUISITE = UN[N$ MAT]IALS TO GET TITLES ASSIGN$ TO !M4 ,TITLES 9 A LEGAL SY/EM >E RELATIVELY B9>Y ?+S4 ,EI!R Y\ HAVE TITLE TO SOME?+ OR Y\ DON'T4 

,9DE$ IT'S WOR? SIGNIFICANTLY *ALL5G+ ! PHILOSOPHICAL ASSUMPTIONS UND]LY+ ! ASSIGNM5T ( [N]%IP ACCORD+ TO WORK EXP5D$ ON SOME?+ OR DEGREE M>KET VALUE IMPROV$4 ,HAV+ POK$ AT SOME?+ 9 ! PA/ IS C]TA9LY NOT ! SAME ?+ AS IT CURR5TLY EXI/+ AS AN EXT5SION ( ONE'S BODY OR AS A FOCUS ( ONE'S ATT5TION & 9T]E/4 ,Y\ MI<T C>E A LOT AB\T SOME?+ ?AT Y\'RE WORK+ ON & !N NOT REALLY AT ALL AFT]W>DS4 ,Y\ MAY NEV] /RUCTURALLY *ANGE SOME?+1 Y\ MAY NEV] IMPROVE ! M>KET VALUE ( SOME?+1 & NEV]!LESS CRITICALLY DEP5D UPON IT4 ,!RE'S PL5TY ?AT CAN BE SAID AB\T ECOLOGY H]E1 NEV] M9D ! FETI%IZATION ( 0WORK0 ITSELF4 ,:Y %\LD WE />T FROM A P]SPECTIVE ( H[ MU* 5]GY IS EX]T$ RA!R ?AN H[ MU* DESIRE IS SATIAT$8 

,AT ! 5D ( ! DAY ! FOCUS ON LABOR-MIX+ SEEMS TO BUNDLE 9 A DEF5SE ( PROP]TY 7& M>KETS7 GR\ND$ ULTIMATELY 9 A RA!R MOD]N E?OS ( 0,I AM DUE RECOMP5SE = WORK+0 RA!R ?AN ! MORE F\NDATIONAL E?ICAL CONC]N = 0:AT >RANGEM5T BE/ IMPROVES ! LOT ( EV]YONE40 ,! MO/ P]SUASIVE JU/IFICATIONS = PROP]TY 7& M>KETS7 IS ?AT !Y IMPROVE ! LIVES ( ALL -- ?AT !Y'RE ! MO/ PRAGMATIC WAYS TO NAVIGATE CONC]NS ( BODILY AUTONOMY1 SUBJECTIVE DESIRES1 & SC>CITY ( RES\RCES4 ,?IS IS1 AFT] ALL1 :Y NO SANE OR E?ICAL P]SON W\LD DEF5D 09TELLECTUAL PROP]TY0 -- S9CE !RE'S NO PRACTICAL NE$ = IDEAS TO BE MADE SC>CE1 NO COORD9ATION PROBLEMS TO FULL COMMUNISM 9 9=MATION4 ,FOCUS+ ON LABOR-MIX+ AS ! PRIM>Y C]TIFI] ( [N]%IP IMPLICITLY APPEALS TO A TIT-=-TAT S5SE ( 0JU/ICE0 OR DEM& TO P]SONAL RECOMP5SE = WORK DONE1 RA!R ?AN A COSMOPOLITAN & UNIV]SALI/ DRIVE TO BETT] ALL4 ,?IS IS A SIGNIFICANT PHILOSOPHICAL DI/9CTION OV] :AT WE'RE EV5 TRY+ TO SPEAK ( ) 0E?ICS0 & ?US E?ICAL JU/IFICATIONS = V>I\S PROP]TY SY/EMS4 ,& YET IT HAS BE5 PASS$ OV] SIL5TLY 9 ?IS BACK & =?4 

,BUT ON A MORE PRACTICAL LEVEL1 ! CLASSIC R$UCTIO ( LABOR-MIX+ CAN BE IMM$IATELY SE5 ) A GR\P HEAD+ \T TO A DES]T$ ISL& OR PLANET & ! MOM5T !Y GET !RE ONE ( !M USES ROBOTS TO TILL ALL ! L&4 ,DOES ?AT P]SON N[ JU/LY REIGN AS SUPREME K+ =EV]8 ,M>KETS CAN EXI/ ) SU* UNEQUAL DI/RIBUTIONS ?AT !Y JU/ 5TIRELY REPLICATE ! EXI/5CE ( ! /ATE4 ,EV5 ,RO?B>D CONC$$ ?AT IF Y\ 0PRIVATIZ$0 TITLE TO ! POSSESSIONS ( A COMMUNI/ /ATE ?AT [NS EV]Y?+ 9TO ! H&S ( A S+LE P]SON OR JU/ A FEW LIT]ALLY NO?+ W\LD HAVE MEAN+FULLY *ANG$4 

,9 RAGG+ SO HEAVILY ON LABOR-MIX+ ,I'M IMPLICITLY TO SOME DEGREE ASK+ ?AT WE REGR\ND \R ANALYZES TO />T ) 0BODILY EXT5SION0 AS A MORE IMPORTANT OR FUNDAM5TAL P>ADIGM ?AN ! MORE NEBUL\S LABOR-MIX+ -- BUT ,I DON'T WANT TO PRET5D ?AT !RE >E ULTIMATELY ANY CLEAN RESOLUTIONS !RE EI!R4 ,IF A ROBB] B>ON NETWORKS ?\S&S ( FACTORIES' CYB]NETIC SY/EMS DIRECTLY 9TO HIS N]V\S SY/EM ?AT H>DLY TRUMPS ALL O!R CONC]NS ON ! LEGITIMACY ( PROP]TY TITLES4 ,9DE$ NO E?ICAL >GUM5T = PROP]TY ( YET SATISFACTORILY RESOLVES ! QUE/ION ( :]E \R BODIES 5D )\T MAK+ AN >BITR>Y MOVE1 9DE$ IT'S UNCLE> ?AT !RE %\LD EV5 BE SU* A CLEAN B9>Y4 ,ALL DEF9ITIONS ( BODIES MU* LESS :AT CON/ITUTES ! 0FACTS0 ( :O POSSESSES :AT >E SOCIALLY CON/RUCT$ AS WELL AS 9DIVIDUALLY SUBJECTIVE4 ,!Y ALL REQUIRE 9PUT P>AMET]S D]IV$ FROM CULTURE & FROM CONTEXTS ?AT CAN *ANGE FLUIDLY4 ,IT W\LD BE A %AME TO 5%R9E RULES OR SY/EMS 9CAPABLE ( KEEP+ UP ) ?OSE CONTEXTUAL *ANGES4 

,! LANGUAGE ,I'VE US$ TO PRES5T R$UCTIOS & C\NT]EXAMPLES DELIB]ATELY BAITS DISMISSAL BY SNE]S ( 0SCI5CE FICTION0 -- BUT ALL \R REVOLUTION>Y ASPIRATIONS >E 9H]5TLY SCI5CE FICTION & JU/ AS UNLIKELY TO BE REALIZ$ 9 ! NE> FUTURE4 ,AS SELF-PR(ESS$ RADICALS \R CONC]N IS ! ROOTS ( ?+S1 ! FUNDAM5TALS1 & ?IS REQUIRES PRESS+ \R CONCEPTUAL FRAMEWORKS 9TO EXTREME CONTEXTS TO SEE :AT BREAKS D[N \TSIDE ! EFFECTIVE REGION \R APPROXIMATIONS >E GOOD )94 

,( C\RSE PROP]TY ITSELF NE$ NOT EXT5D TO ALL POSSIBLE CONTEXTS4 ,WE CAN SURELY DREAM ( WORLDS :]E NO V]SION ( 'PROP]TY' W\LD BE P>TICUL>LY USEFUL4 ,BUT !SE EFFECTIVE B\ND>IES TO ! CONCEPT >E HI<LY ILLU/RATIVE4 ,PROP]TY LOSES ALL RELEVANCE 9 WORLD )\T SC>CITY4 ,BUT IT ALSO LOSES RELEVANCE 9 ! ABS5CE ( CLE>LY DEF9ABLE 9DIVIDUALS4 

,IT IS ! CURR5T 9DIVIDUALIZATION ( HUMANITY 9TO DISCRETE & LOCALIZ$ NEURAL NETWORKS ) DRA/ICALLY LIMIT$ CONNECTIONS BETWE5 !M ?AT IS MO/ FUNDAM5TALLY NECESS>Y = ! CONCEPT ( PROP]TY TITLES EXI/4 ,!RE >E 9DIVIDUAL M9DS OR AG5TS ACT+ 9 A PHYSICAL WORLD -- LIT]ALLY NO?+ ELSE NE$ BE SAID AB\T ! EXT5T ( \R BODIES1 H[ WE ACT 9 ! WORLD1 OR ! NATURE ( \R 9T]E/S & PROJECTS4 

,& H]E LIES A BL9D+ !ORETICAL CL>ITY3 ,\R EVALUATION ( O!R 9DIVIDUALS & !IR EVALUATIONS ( US >E PRIOR 9 A DEEP WAY TO EV]Y?+ ELSE4 ,SU* EVALUATIONS -- \R RELATION%IPS1 IMPRESSIONS1 TRU/1 & 9T5TIONS ) REG>D TO ONE ANO!R -- CANNOT BE ALI5AT$ FROM US OR OV]RUL$4 ,AT LEA/ NOT )\T BREAK+ ! V]Y ,C>TESIAN 9DIVIDUALIZATION & SUBJECTIVE EXP]I5CE \R SKULLS PRES5TLY IMPOSE ?AT MAKES PROP]TY USEFUL4 ,REPUTATION IS FIRMLY PRIOR TO ANY O!R CONTEXTUAL CONSID]ATION4 ,?IS MU* %\LD BE OBVI\S & IT MAY SEEM A TRIVIAL PO9T1 BUT IT CONT9UALLY A/ONI%ES ME H[ QUICKLY \R DISC\RSES LEAP PA/ ?IS PRIMORDIAL REALITY4 ,AS IF ! E?ICAL FRAMEWORKS WE SPEAK 9 T]MS ( HAVE NO MORE ASPIRATION ?AN ! MO/ PROVISIONAL OR SITUATIONAL4 

,EV]Y SOCIAL NORM1 EV]Y /&>D1 ULTIMATELY ORIG9ATES 9 ! DET5TES BETWE5 9DIVIDUALS4 ,SOCIETY ITSELF IS A FABRIC ( SOCIAL RELATION%IPS4 ,WE REA* SETTLEM5TS1 OPTIMAL META-AGREEM5TS ?R\< A RI* NETWORK ( RELATIONS1 NOT A S+LE DELIB]ATIVE BODY -- !RE IS NO & HAS NEV] BE5 ANY 0,! ,COMMUNITY04 ,?+S QUICKLY GET COMPLICAT$ & ?ORNY ONCE Y\ ADD 9 PHYSICAL & HI/ORICAL CONTEXT4 ,BUT PROP]TY TITLES >E1 AT ROOT1 JU/ AN AGREEM5T TO RESPECT EA* O!R4 ,:AT SC>IE/ AB\T ?IS TO MANY IS ?AT PROP]TY IS NOT A S+LE COLLECTIVE CONTRACT1 OR EV5 A CONTRACT ) ! K9D ( H>DNESS & P]MAN5CY POSSIBLE :5 GR\ND$ 9 SY/EMIC CO]CION4 ,IT IS 9/EAD AN ORGANICALLY EM]G5T ME% ( AGREEM5TS1 CON/ANTLY BE+ M$IAT$ & PRESSUR$4 

,EV5 ! ,M>XI/ H\SEMATES AGREE NOT TO USE EA* O!RS' TOO?BRU%ES BECAUSE ?IS IS AN OBVI\SLY OPTIMAL >RANGEM5T1 AN OPTIMAL DET5TE4 ,BUT !RE IS NO S+LE MAGICAL L$G] 9 ! SKY KEEP+ TRACK ( EV]Y?+4 ,PROP]TY1 9 ITS MO/ BASIC & 9>GUABLE =MS1 EM]GES BOTTOM-UP4 ,& JU/ AS A M>KET CAN SETTLE 9TO A P]FECTLY CLE>$ EQUILIBRIUM -- IT (T5 WON'T4 

,PEOPLE CAN & WILL DISAGREE OV] PROP]TY TITLES1 NOT BECAUSE !Y >E MI/AK5 9 PURSUIT ( SOME PLATONICALLY EXI/+ IDEAL1 BUT BECAUSE !Y SIMPLY DISAGREE4 

,IF WE >RIVE ON A DES]T$ ISL& & ,I MANAGE TO GET MY ROBOTIC DRONES TO TILL ! 5TIRE ISL& FIR/ Y\ W\LD SURELY NOT RESPECT MY CLAIM TO [N ALL ! ACCESSIBLE L&4 ,NO MATT] H[ ,LOCKEAN Y\ CLAIM TO BE4 

,& ?AT'S GREAT4 ,9/EAD ( P>TIALLY OBSCUR+ ! ISSUE BY ASSUM+ ?AT WE'LL ALWAYS E/ABLI% POLYC5TRIC LEGAL SY/EMS ) MASSIVELY OV]LAPP+ ME%ES ( =MAL M$IATORS & CONFLICT ADJUDICATORS1 & !N !SE WILL COME TO CONS5SUS ON A S+LE GLOBAL & CANONICAL L$G] ( PROP]TY TITLES1 WE %\LD BE CLE> ?AT ! ROOTS ( ANY AN>*I/ SY/EM LIE 9 ! AG5TS 9VOLV$4 ,DISAGREEM5TS HAVE TO ULTIMATELY BE SETTL$ 9 T]MS ( \R RELATION%IPS ) O!RS1 \R COMPLICAT$ 9T5TIONALITY1 GOODWILL1 & TRU/4 

,\R RELATION%IPS ) ONE ANO!R1 :AT CAN BE T]M$1 IF Y\ FEEL LIKE IT1 0! REPUTATION M>KET10 WILL SOMETIMES BE P]TURB$ BY DIFF]5CES & REQUIRE ! TRANSMISSION ( SIGNALS TO RETURN TO A TOL]ABLE DET5TE OR EQUILIBRIUM = ALL P>TIES4 ,!FT CAN BE A VALID SIGNAL4 ,IF EV]YONE />TS WALK+ (F ) MY GOODS BECAUSE !Y'VE CEAS$ TO BE SUFFICI5TLY REPUTATIONALLY 9C5TIVIZ$ 9 ! BROAD] COMMUNITY OR SOCIETY TO RESPECT MY MONOPOLY1 WELL ?AT MI<T BE A GOOD ?+4 

,IF -- :E!R ?R\< DI/ORTIONS BR\<T AB\T BY SY/EMIC VIOL5CE AS 9 \R PRES5T WORLD OR JU/ SOME K9D ( EVOLUTION>Y MIS/EP FROM A FREE & EGALIT>IAN /ATE -- A 0M>KET0 HAS SOMEH[ GR[N SO DYSFUNCTIONAL AS TO SEE />VATION :ILE BREAD IS /OCK$ 9 PL5TY !N ,I WILL HAPPILY %\T ALONGSIDE ! FAM\S M>KET AN>*I/ ,VOLTAIR9E DE ,CLEYRE1 0,TAKE BREAD60 ,& ,I'LL P]SONALLY HELP Y\ BU/ A W9D[ OR TWO TO DO IT4 

,IT'S LONG BE5 PO9T$ \T ?AT1 9 ! ABS5CE ( A /ATI/ POLICE SY/EM ?AT EFFECTIVELY SUBSIDIZES ! WEAL?Y1 IT'S EASI] TO /EAL FROM ONE SAFE CONTA9+ A BILLION DOLL>S ?AN FROM A BILLION SAFES CONTA9+ ONE DOLL>4 ,! REASSUR+ IDEA HAS BE5 ?AT :ILE ! RI* MI<T GET >\ND ?IS BY HIR+ TONS ( SECURITY GU>DS TO PROTECT !IR GIANT SILOS ( GOLD1 AT ?AT PO9T !Y'RE HEMORRHAG+ FUNDS TO PAY = SECURITY4 ,BUT SU* EXAMPLES TAKE AN IMPLICITLY CAVALI] ATTITUDE T[>DS VIOL5CE1 ONE ?AT MANY SOCIAL AN>*I/S >E RI<TFULLY FRI<T5$ (4 ,IF WE BROADLY ACCEPT ! EXI/5CE ( PEOPLE TAK+ MONEY TO WIELD VIOL5CE 9 DEF5SE ( SOME CLAIM444 ?AT 9TRODUCES MANY SEV]E DANG]S TO SAY ! LEA/4 ,! BETT] APPROA*ES HAVE BE5 TO TREAT VIOL5CE1 EV5 0DEF5SIVE01 AS SOME?+ TO ACCEPT V]Y V]Y HESITANTLY4 ,9/EAD ! EMPHASIS IS ?AT CONTRACTS & ! LIKE %\LD ONLY BE 5=C$ VIA DIFFUSE REPUTATION4 ,WORK+ TO BUILD SOCIAL ORGANISMS & 9/9CTS 9 A DIRECTION :]E FRE$OM-(-ASSOCIATION CAN FUNCTION AS SUFFICI5T C5SOR OR SANCTION4 ,! NEXT LOGICAL /EP ALONG ?IS PA? IS TO GO FROM TREAT+ WRITT5 CONTRACTS ?IS WAY TO PROP]TY TITLES !MSELVES4 

,WEAL? IS 9 MANY RESPECTS SUBJECTIVE4 ,:AT MI<T MO/ DELIRI\SLY SATISFY ONE P]SON 7HAV+ A GUIT> & A POND TO WRITE POEMS BESIDE7 CAN BE V]Y DIFF]5T FROM :AT W\LD BE/ SATISFY ANO!R 7HAV+ A RADIO TELESCOPE >RAY74 ,BUT ! M>KET PROVIDES A GOOD MEANS TO BALANCE BETWE5 !SE PREF]5CES2 ! ,S,E,T,I GEEK MI<T TO DEMON/RATE ?R\< REVEAL$ PREF]5CE ON MANY LEVELS ?AT A RADIO TELESCOPE >RAY REALLY IS CRITICAL TO H] CORE DESIRES4 ,?IS CAN HAPP5 ?R\< M>KET PRIC+ ( ! RES\RCES %E USES1 BUT ALSO ?R\< ! EFFECTIVE 0PRIC+0 BE+ TRANSMITT$ ?R\< H] RELATION%IPS ) O!RS4 ,& IF H] PROJECT'S CONC5TRATION ( RES\RCES W\LD LEAVE O!RS DE/ITUTE OR B>R$ FROM A*IEV+ !IR [N CORE DESIRES !Y MAY SIMPLY FAIL TO RESPECT H] CLAIM_/TITLE TO IT4 

,!RE >E ( C\RSE GOOD GAME-!ORETIC REASONS TO GRAVITATE T[>DS CATEGORICAL-IMP]ATIVE EQUILIBRIA :]E DISRESPECT+ SOMEONES' CLAIM IS NO CASUAL AFFAIR1 & ,I W\LD C]TA9LY 5C\RAGE MORE ?\<T 9TO DYNAMIC & RESPONSIVE /RATEGIES & :AT S*ELL+ PO9TS WE MI<T F9D 9 DEAL+ ) ?IS4 ,BUT NEV]!LESS WE %\LD REFLECT MORE ON ! SUBJECTIVITY ( !FT ITSELF & REMEMB] ?AT SOCIETY IS ULTIMATELY MADE UP ( 9DIVIDUALS ) RELATIONS1 NOT ORGANIZATIONS & RULES1 & BL9D+ \RSELVES TO ?OSE ROOT REALITIES IMP$ES \R AG5CY1 JU/ LIKE ANY O!R SELF-DECEPTION4 

,YES1 IT MU/ BE ADMITT$ FRANKLY & OP5LY ?AT NAIVE OR SIMPLE REPUTATION DYNAMICS ALONE >E DANG]\S4 ,SOCIAL CAPITALISM CAN BE AT LEA/ AS VICI\S AS ANY O!R SY/EM4 ,ONE ( ! PRIM>Y CRITIQUES LEFT M>KET AN>*I/S HAVE 9CREAS+LY LEVEL$ AGA9/ COMMUNI/IC AN>*I/S IS ?AT !IR PRESCRIPTIONS RISK *A9+ US 9 ! SOCIOPA?IC QUAGMIRE SO (T5 SE5 9 SOCIAL AN>*I/ SC5ES :]EBY P[] /RUCTURES >E JU/ %IFT$ 5TIRELY TO ! REALM ( POPUL>ITY CONTE/S & TEAM SPORTS4 ,:]E ALMO/ EV]Y ACTION IS R$UC$ TO SOCIAL POSITION+ & TRIANGULATION4 

,! AB/RACTIONS ( PROP]TY & M>KETS PROVIDE SOME DEF5SE AGA9/ ?IS NI<TM>E -- ! FRE$OM TO 5GAGE 9 RELATIVELY IMP]SONAL 9T]ACTIONS CAN BE 9CR$IBLY IMPORTANT & NECESS>Y1 AS ,DAVID ,GRAEB] HAS >GU$ 9 ,! ,UTOPIA ( ,RULES4 ,HE US$ ?IS TO JU/IFY BUREAUCRATIC SY/EMS LIKE CONS5SUS MEET+S4 ,BUT H]E QUE/IONS ( C5TRALIZATION CROP UP4 ,SY/EMS ?AT APPEAL H>D] TO ORGANIZATIONALISM & COLLECTIVE DECISIONMAK+ ?AN AUTONOM\S ACTION 9H]5TLY CREATE EFFECTIVE CONC5TRATIONS ( SOCIAL P[]1 CAPABLE ( BE+ SEIZ$ & LEV]AG$4 

,DEC5TRALIZATION1 :5 PAIR$ ) SUFFICI5T TE*NOLOGICAL FRE$OM_/COMPLEXITY ?AT CONFLICT BECOMES ASYMMETRIC TO ! B5EFIT ( M9ORITIES1 PROVIDES ADDITIONAL SECURITY & RESILI5CE AGA9/ P[] /RUCTURES4 ,& A G5]AL T5D5CY )9 A MATURE & 5LI<T5$ REPUTATION M>KET TO MOVE T[>DS PROP]TY TITLES W\LD PROVIDE SECURITY AGA9/ ! HORRORS ( RAW SOCIAL CAPITALISM4 ,ONE HOPES A BALANCE PO9T CAN BE REA*$ ORGANICALLY1 LIKE A PRICE1 BETWE5 ! DANG]S ( NAIVE & IMM$IATE REPUTATION GAMES & ! DANG]S ( AN OV]LY RIGID PROP]TY SY/EM4 ,REPUTATION IS ! SOIL 9 :I* WE MU/ CULTIVATE A RI* & HI<LY-EVOLV$ ECOLOGY ( SOCIAL RELATIONS4 

,BUT 9 SOME S5SE IT DOESN'T MATT] :E!R OR NOT Y\'D LIKE PROP]TY TITLES TO ULTIMATELY BE EM]G5T FROM REPUTATION4 ,!Y EMPIRICALLY >E4 ,!RE'S A REASON CR$IT PREC$$ CURR5CY -- AS ,GRAEB] HAD TO REM9D A NUMB] ( ECONOMI/S -- TRU/ & GOODWILL >E SIMPLY ! F\NDATION ( ! WORLD WE MOVE 94 ,WE CAN TRY TO BL9D \RSELVES TO ?IS OR WE CAN TAKE ! MORE AN>*I/IC R\TE ( 9=M$ AG5CY1 REFUS+ TO FETI%IZE OR 5?RALL$ \RSELVES TO /RUCTURES & CONV5TIONS4 

,& H]E'S :]E ! DIVIDE BETWE5 ! H>DE/ ( ,LOCKEAN ,RO?B>DIANS & ! MORE COMMUNI/IC GEORGI/S OR MUTUALI/S />TS TO BUCKLE3 

,IF TRY+ TO PROBLEMATIZE \R 9JUNCTIONS AGA9/ OR EV5 DEF5D \TRI<T !FT IS A T]RIFY+ /EP TO SOME1 ! FLIPSIDE TO VIEW+ PROP]TY TITLES AS EM]G5T FROM REPUTATION IS ?AT IT PROVIDES US ) GREAT] SECURITY AGA9/ ! POSSIBLE D[NSIDES ( NUM]\S M>KET ME*ANISMS4 ,& ?US IT GIVES US GREAT] SECURITY & LATITUDE 9 ADOPT+ !M4 

,L& [N]%IP1 CAPITAL [N]%IP1 R5T1 9T]E/1 ALL ( !SE CAN S]VE USEFUL FUNCTIONS 9 TRANSMITT+ IMPORTANT M>KET 9=MATION1 9 FACILITAT+ \R BROAD] COLLABORATION BY SUPPLY+ ADDITIONAL 9=MATION & NUANCE TO ! M>KET4 ,:ILE ALL ( !SE DYNAMICS CAN GR[ CANC]\S1 IT W\LD BE 9SANE TO TRY & SUPPRESS PRIC+ = RISK1 = EXAMPLE4 ,! EFFICI5T ALLOCATION ( RES\RCES TO SATIATE EV]YONE REQUIRES MEANS TO 9TEGRATE PR$ICTIONS ( FUTURE DEVELOPM5TS4 

,! M>KET & ! ASSIGNM5T ( PROP]TY TITLES )9 IT IS A G>D5 WE GR[4 ,A TOOL4 ,JU/ LIKE CONS5SUS PROCESS OR BREAK+ \T 9TO WORK+ GR\PS4 ,LIKE ANY MEANS ( ORGANIZATION WE %\LD NOT FETI%IZE IT4 ,IT IS AN EXTRAORD9>ILY USEFUL & NECESS>Y TOOL1 BUT JU/ LIKE ANY PROC$URE WE MI<T ADOPT IT IS NOT A GOD4 ,& ITS PRECISE HAPP5/ANCE /RUCTURE IS SURELY NOT F\NDATIONAL TO \R E?ICS4 

,WE MU/ RETA9 \R CRITICAL FACULTIES & AG5CY1 \R CAPACITY TO BO? IMM$IATELY & SMOO?LY RESPOND ! MOM5T \R TOOL /OPS WORK+4 ,IF SOME PO/-REVOLUTION M>KET DOES 9 FACT DEVELOP CANC]S ( SEV]E CAPITAL OR WEAL? ACCUMULATION ?AT RUNAWAY FA/] ?AN ! MYRIAD DISECONOMIES ( SCALE & C5TRIFUGAL =CES )9 FRE$ M>KETS CAN SUPPRESS444 !N WE CAN ALWAYS JU/ /OP RESPECT+ SOME ( ! PROP]TY TITLES ( ?OSE 9 DANG] ( BECOM+ NEW RUL]S4 

,SIMIL>LY !RE >E PL5TY ( CONTEXTS 9 :I* ! PROBLEMS M>KETS & PROP]TY TITLES >E SUPREMELY USEFUL AT RESOLV+ >E NOT ! MO/ PRESS+ ONES4 ,?REE %IPWRECK$ PEOPLE >5'T GO+ TO DIVIDE UP !IR ISL&1 WRITE ELABORATE CONTRACTS1 & />T A FI% SUBPRIME D]IVATIVES /&4 ,NOT UNLESS !Y'RE SOCIOPA?S4 ,9 SIMPLE SUBSI/5CE CONDITIONS ) SMALL COMMUNITIES IT MAKES F> MORE S5SE TO NEV] EV5 ?9K AB\T TITLES1 BUT DISCUSS ! USES ( EV]Y?+ COLLECTIVELY4 ,Y\ CAN PUT A REASONABLE B\ND ON ! COMMUNITY DISCUSSIONS NECESS>Y TO COORD9ATE ! GR[+ ( POTATOES4 

,CONTEXT MATT]S1 & :AT AS AN>*I/S WE %\LD BE DO+ IS 5C\RAG+ PEOPLE TO ?9K = !MSELVES1 TO UND]/& & APPRECIATE ! DYNAMICS AT PLAY4 ,?AT PROP]TY & M>KETS CAN BE & >E USEFUL1 BUT = UND]LY+ REASONS DEP5D5T UPON A HO/ ( ?+S4 

,SADLY :5 WE TALK AB\T PROP]TY NORMS BE+ DET]M9$ BY ! COMMUNITY ?IS V]Y QUICKLY T5DS TO ASSUME A S+LE COH]5T COMMUNITY RA!R ?AN A V]Y COMPLICAT$ ME% ( 9DIVIDUALS1 & \R TALK ( 0NORMS0 LIKEWISE SEEMS TO ASSUME ! =M ( $ICTS1 RA!R ?AN A MORE DYNAMIC & %IFT+ REALITY LIKE PRICES4 ,SET RULES V]SUS CON/ANTLY & ORGANICALLY M$IAT$ AGREEM5TS4 

,! F\NDATION ( PROP]TY %\LDN'T H+E ON :AT ROCKS Y\'VE POK$ SOME PO9T 9 ! PA/ OR EV5 :AT Y\'VE *OS5 TO EXT5D Y\R CYB]NETIC N]V\S SY/EM 9TO1 BUT :AT BE/ SATIATES Y\R DESIRES OR ASPIRATIONS 9 BALANCE ) EV]YONE ELSE'S4 ,?IS IS AFT] ALL :AT M>KETS AT !IR BE/ PROMISE3 ,! NOTION ?AT EV]YONE'S SUBJECTIVE PREF]5CES WILL BE SATIAT$ MORE EFFICI5TLY ?AN W\LD BE POSSIBLE ATTEMPT+ TO TALK !M \T 9 A GLOBAL CONS5SUS MEET+4 

,IF M>KETS HAVE A H>D TIME RESOLV+ SOME?+ !N !Y %\LDN'T COMPLA9 IF ! ANSW] TURNS \T TO BE TO EXT5D ! DYNAMICS ( M>KETS DEEP]1 TO MAKE ! V]Y F\NDATIONS ( ! ECONOMIC SPH]E MORE ORGANIC4 ,& OH1 :OOPS1 N[ NO ONE CONDEMNS ME = DRIV+ (F ) ONE ( ,BILL ,GATES'S C>S4 

,!RE >E TWO SETS ( ULTIMATE JU/IFICATIONS = PROP]TY & M>KETS4 ,ONE IS ROOT$ 9 AN 5TITL$ TIT-=-TAT DEM& = #a-ON-#a 0FAIRNESS40 ,! O!R IS GR\ND$ 9 A WID] E?ICAL L5S1 SEEK+ ONLY ! BETT]M5T ( ALL4 ,IT %\LD BE NO SURPRISE IF ! M>KET /RUCTURES ULTIMATELY PROMOT$ BY EI!R DIFF]4 ,WE'VE ALREADY SE5 ?AT ?IS IS ! CASE ) 09TELLECTUAL PROP]TY40 ,LIB]T>IANS & EV5 /ATE SOCIALI/S HAVE SPLIT H>D 9T]NALLY ON ?IS ISSUE1 SOME DEM&+ 0BUT ,I PUT 5]GY 9TO ?IS1 ,I AM DUE RECOMP5SE1 ?AT'S :AT FAIRNESS IS0 :ILE O!RS A<A/ ?AT ANYONE W\LD EV5 ?9K ( SEEK+ TO EXCLUDE OR CONTROL :AT O!RS CAN HAVE :5 SC>CITY IS NO LONG] RELEVANT4 ,?IS POORLY PAP]$ OV] *ASM BETWE5 SELFI% & SELFLESS CORE P]SPECTIVES DES]VES WID5+4 ,I KN[ :AT SIDE ,I'M ON4 

,FROM 3 ,!,AN>*I/,LIBR>Y4ORG4 

,*RONOLOGY 3 
,JANU>Y #b#a1 #bba 3 ,! ,ORGANIC ,EM]G5CE ( ,PROP]TY FROM ,REPUTATION -- ,ADD$4 
,JANU>Y #f1 #bbb 3 ,! ,ORGANIC ,EM]G5CE ( ,PROP]TY FROM ,REPUTATION -- ,UPDAT$4 

 FILE G5]AT$ FROM 3  
HTTP3_/_/REVOLTLIB4COM_/