‘Investment’ as a Fee for Experience/Voice not Ownership

December 7th, 2005

Hello All,

It is great to see so many voices involved in this important conversation.

As you may know, Sohodojo is a major advocate/voice for the emerging Small Is Good World. This is the world of Empowered Individuals. The Small Is Good World is all about individuals working together. It is not organization-centric.

We strongly believe that the success of MFM will be found by emphasizing person-to-person relationships rather than relying on or imitating the structure or behavior patterns of organizations and institutions. We also strongly believe that, at least initially, investing rather than lending will be the most effective means of establishing lasting person-to-person relationships through the MFM. Shared risk and reward puts us together in a situation where active, peer-to-peer involvement is encouraged.

Being an arms’ length banker/lender is boring. How many of us grew up saying, “When I grow up, I want to be a banker!” Okay, some did, but not many! :-) And, in some subtle ways, the banker/borrower relationship perpetuates colonial superior/subordinate relations.

Investing is different. If we were to invest in WE Center Bead Production Futures, we have a shared risk through that investment. This creates an incentive to see that the venture we’ve invested in succeeds. We have ’skin in the game’. We are much more likely to take an active role in helping to market and sell the results of that production. If we are merely a lender/banker, all we care about is awaiting repayment.

We look forward to working together to develop the MFM into a powerful marketplace for personal and community development.

–Sohodojo Timlynn and Jim–

Entry Filed under: Inprosumerism, MFM - MicroFinance Marketplace, Post-Autistic Economics

‘Investment’ as a Fee for Experience/Voice not Ownership

December 7th, 2005

Hello All,

It is great to see so many voices involved in this important conversation.

As you may know, Sohodojo is a major advocate/voice for the emerging Small Is Good World. This is the world of Empowered Individuals. The Small Is Good World is all about individuals working together. It is not organization-centric.

We strongly believe that the success of MFM will be found by emphasizing person-to-person relationships rather than relying on or imitating the structure or behavior patterns of organizations and institutions. We also strongly believe that, at least initially, investing rather than lending will be the most effective means of establishing lasting person-to-person relationships through the MFM. Shared risk and reward puts us together in a situation where active, peer-to-peer involvement is encouraged.

Being an arms’ length banker/lender is boring. How many of us grew up saying, “When I grow up, I want to be a banker!” Okay, some did, but not many! :-) And, in some subtle ways, the banker/borrower relationship perpetuates colonial superior/subordinate relations.

Investing is different. If we were to invest in WE Center Bead Production Futures, we have a shared risk through that investment. This creates an incentive to see that the venture we’ve invested in succeeds. We have ’skin in the game’. We are much more likely to take an active role in helping to market and sell the results of that production. If we are merely a lender/banker, all we care about is awaiting repayment.

We look forward to working together to develop the MFM into a powerful marketplace for personal and community development.

–Sohodojo Timlynn and Jim–

Entry Filed under: Inprosumerism, MFM - MicroFinance Marketplace, Post-Autistic Economics


Welome to Sohodojo's Omidyar.net Blog

All posts in this blog originated on the now defunct Omidyar.net community web site . There a many embedded links from these posts to the original ONet site URLs that no longer work as the site has been archived. We are investigating the possibility of linking to the archive URLs. We are sorry for the inconvenience.

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