Open Value Networks and the Earth Nation

This is a fantastic summary of what the Earth Nation is

"Open Value Network (OVN) refers to a new organisational framework. The model provides the structures necessary to allow people to freely associate and participate in activities and projects and reach shared goals, even in the case where these goals require very complex processes that need to be sustained for very long periods of time.

Open means free access to participation. The model provides mechanisms for self organisation or good allocation of human resources to specific tasks, including governance.

The working definition of value is: a process through which human beings, in relation with each other and with their environment, are moved into action. This definition can be extended to other living systems.

Network means a set of interconnected autonomous agents who maintain a set of relations, dictated by their respective roles, and act according to a set of shared rules and methodologies. Agents are called affiliates in the OVN model.

It is the network that is open.

The network environment provides value sovereignty to the agents that form them. In other words, autonomous agents or affiliates collectively decide in context how to link participation with distribution of benefits.

OVN is an approach to commons-based peer production. It allows individuals and organizations to

• co-create and aggregate value through lateral and large scale coordination, cooperation and collaboration

• to serve as a responsible steward of commonly held wealth and assets

• to account for various inputs and outcomes in a common ledger system

• distribute value equitably and intentionally within and beyond the network

• and to share returns amongst contributors, in proportion to their contributions.

The OVN model relies on p2p principles of co-production, self-organization, and stewardship of commons.

• peer production - the collaborative production of surplus value by means of common and contributed assets;

• peer governance - direction and accountability by the community of producers themselves, not by market allocation or corporate hierarchy;

• peer property - the use-value of property is accessible on a collective trust basis through new modes of ownership which are not exclusive, while recognizing individual authorship or title where appropriate.

An OVN is a general model that can be implemented under different forms, adapted to specific contexts.

Allow everyone to join and create value together in an open environment, enable mass-customization that will have a higher value than mass-production. (Economies of scope vs. economies of scale)"

Quoted text from http://valuenetwork.referata.com/wiki/Main_Page