Service Credits
What we’re thinking Service credits are value-less promises of future service representing a measure of effort. They mediate temporal and magnitude differences in service exchange and lubricate transitive indirect exchange. Money is a successful implementation of service credits; bitcoin, shells, rocks have been alternatives. …editing below this point They have no inherent value and can
Service Exchange
Rediscovering that service is the true nature of exchange isn’t just clarifying, it reveals powerful levers for innovation. What we’re thinking We live in a world where service (singular) exchange – helping others make progress in order to get help making our own progress – is the true engine of economic activity. Yet we comfortably
Equitable Service Exchange
What we’re thinking Should you pay less is supermarkets when using a self-service checkout? After all, you are putting in more effort compared to using manned checkout. Is making your friend a meal a fair exchange for them helping you move house? Service exchange does not need to be equal; it just needs both parties
Inequitable exchange – a progress hurdle
THE IDEA Since service is fundamental basis of exchange, helpers expect an equitable level of effort of service from the seeker in exchange for engaging their proposition. A seeker feeling this level as too high is a hurdle to progress. (note that service credits may replace direct exchange of service; in which case the level
