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Mike | Abundance ๐
@abundance
Proposing the term "Ecosystem Goods" Why EGs? Just like we have consumer goods for individuals, and commercial goods for businesses, "Ecosystem Goods" reflects the level of societal organization at which the good is valued (and funded) For example, consumers may value smartphones, businesses value machinery, and ecosystems value unbiased journalism. Individuals on their own are unlikely to come together and fund the production of machinery - for that you need a higher level of coordination, which businesses can provide. Similarly, individuals or businesses on their own are unlikely to come together and fund the ecosystem good of unbiased journalism (and there would be questions about their motives) - for that you need a higher level of coordination, which ecosystems can provide.
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BrightFutureGuy ๐ฉโโ๏ธ
@bfg
I like the visual ๐ and the idea๐ก but the line that individuals and business will voluntarily come together to fund anything like unbiased journalism long term is simply not true โฆ such idealistic scenario doesnโt exist imho Humans (and businesses) are by nature transactional in exchanging value. There are exceptions and but they donโt apply in any other moment than in moments of perceived abundance, then they stop
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Mike | Abundance ๐
@abundance
Oh, but that's exactly what I'm saying. They're unlikely to do that, that's part of the reason we have a coordination failure in the area of public goods. What I'm saying is that you're only going to fund such goods at scale effectively if people see a clear value in forming ecosystems where the Ecosystem Good contributes to the economic success of the ecosystem
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