I'm not an economist, and this isn't academic work.
It's a structural attempt from someone outside your field.
*The core claim:*
Modern economics measures Capital obsessively: GDP, stock prices,
quarterly earnings.
But civilization depends just as much on contributions that markets
can't capture:
- Infrastructure maintenance
- Care work and child-rearing
- Education and basic research
- Community cohesion
I call this second axis *Praise* — long-term trust credit.
*The proposal:*
P-Bonds: financial instruments that channel surplus capital to
social pain points and pay "interest" in Praise (measured in "bips"),
not currency.
Examples:
- Coastal flood protection (investment-type P-Bond)
- Rural digital connectivity (recruitment-type P-Bond)
- Nationwide basic income (donation-type P-Bond)
*The method:*
I wrote this with GPT as my co-author. I define the conceptual constraints,
GPT drafts, I refine. 23,000 words across 4 chapters.
*What I want to know:*
Which existing theories does this resemble, extend, or contradict?
- Piketty's r > g?
- Ostrom's commons?
- Social capital frameworks?
- Something else entirely?
I'm prepared to be wrong — but I want to understand where this sits
in the existing landscape.
Author here.
I'm a software engineer in Japan, and this framework was written
in collaboration with GPT — I provide the structure, GPT drafts,
and I refine.
I'm not an economist, so I'm especially interested in how this
maps to existing theories.
Happy to answer questions if useful — though my responses
might be a bit slow since I'm in a different timezone.
paxiscivlab•35m ago
*The core claim:*
Modern economics measures Capital obsessively: GDP, stock prices, quarterly earnings.
But civilization depends just as much on contributions that markets can't capture: - Infrastructure maintenance - Care work and child-rearing - Education and basic research - Community cohesion
I call this second axis *Praise* — long-term trust credit.
*The proposal:*
P-Bonds: financial instruments that channel surplus capital to social pain points and pay "interest" in Praise (measured in "bips"), not currency.
Examples: - Coastal flood protection (investment-type P-Bond) - Rural digital connectivity (recruitment-type P-Bond) - Nationwide basic income (donation-type P-Bond)
*The method:*
I wrote this with GPT as my co-author. I define the conceptual constraints, GPT drafts, I refine. 23,000 words across 4 chapters.
*What I want to know:*
Which existing theories does this resemble, extend, or contradict? - Piketty's r > g? - Ostrom's commons? - Social capital frameworks? - Something else entirely?
I'm prepared to be wrong — but I want to understand where this sits in the existing landscape.
Table of Contents: [URL]
paxiscivlab•7m ago