Discussion about this post

User's avatar
Jeff Emmett's avatar

Great to read about your concept of cultural symbiogenesis, Richard! Funny how ideas seem to crop up in multiple places at the same time - we just finished a book on "MycoFi" about mycelial economics, with this reference to symbiogenesis as well:

"Endosymbiotic Finance:

Imagine a future where the economic power of an organization comes from its own internalized energy, rather than having to rely on outside sources of extractive finance. In the same way that cells absorbed the power-generating capabilities of mitochondria, MycoFi proposes endosymbiotic finance as the process by which organizations internalize the capacity to produce and store their own economic power, rather than having to submit to the high costs of external finance provided by banks. This capability for endogenous credit issuance enables organizations to have tighter feedback loops between their evolving needs for capital and their ability to issue vouchers backed by their own productive capacity. This process of organizational symbiogenesis will see DAOs and other myco-organizations continue to “absorb” the useful functions of finance, steadily reducing the power asymmetries that have allowed external finance to become the proverbial “tail that wags the dog” of the real economy."

Your story is so inspiring. Keep up the great work!

Expand full comment
Dennis OConnor's avatar

Richard,

I listened to this chapter as I walked along the edge of a huge construction project that is transforming an urban canyon into high density housing.

So many of your experiences resonate with my own. You help me find some magic moments during my walk in the San Diego sun. I found yellow flowers blooming out of the trash kicked down the hillside.

I felt the root structures of an old fig tree as I stood on the stump. I glanced up to see a 1000 Teslas waiting to be delivered.

Thank you for helping me find this vein of experience in the sea of mundane concrete.

Keep singing!

Expand full comment
6 more comments...

No posts