Difference between revisions of "Revenue"
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
==Our working definition== | ==Our working definition== | ||
| − | Revenue is any form of [[benefit]] that can represent an ''extrinsic motivation'', that might come back to [[contributors]] in an [[OVN]]. Usually, it comes in a form of [[currency]] (see also | + | Revenue is any form of [[benefit]] that can represent an ''extrinsic motivation'', that might come back to [[contributors]] in an [[OVN]]. Usually, it comes in a form of [[currency]] (see also [[Value|exchange value]]), i.e. can be exchanged against something else. |
==Other definitions not yet integrated in existing OVN models== | ==Other definitions not yet integrated in existing OVN models== | ||
| − | Revenue can also be ''intrinsic motivation'' when a contributor accepts the | + | Revenue can also be ''intrinsic motivation'' when a contributor accepts the [[Value|use value]] of a product created somewhere within the OVN. Example, someone could decide to contribute to a project just because of the opportunity of learning some new skills and making some new friends. |
| − | |||
| − | For example, the consumers of milk might prepay to fund the operation of a dairy simply because they want some milk under their collective control. | + | [[Crowdfunding]] campaigns (and even the older CSA model) often pay their [[contributors]] with a portion of results of that production. For example, the consumers of milk might prepay to fund the operation of a dairy simply because they want some milk under their collective control. [[Crowdfunding]] usually compensates [[contributors]] with the results of '''one round of production''' and then severs the connection. |
| − | |||
| − | + | In a more advanced form of [[Value|use-value]] compensation, the consumers to become real co-owners of the assets (equipment) required to produce that product. This causes the consumer to own the product even before it is produced, eliminating the need to purchase that product. This also compensates each contributors for '''multiple rounds of production''' for as long as they pay their portion of the costs. | |
| − | In a more advanced form of use-value compensation, the consumers to become real co-owners of the assets required to produce that product. | ||
| − | |||
| − | + | An even more advanced form of compensation might be thought of as "cross-contribution" (ex. timebanking or more complex forms of barter) where there are no money exchanged, only promises to provide a benefit to someone at a later time. For example, someone who wants dental insurance might commit to milking cows for other contributors within the OVN. Even if the dentist does not want milk directly, he will surely want some of the products from other contributors within the OVN such as from a bread-maker, a brain surgeon, an automotive mechanic, etc. If there are enough contributors of the products wanted by the dentist who want milk for themselves, then they can agree to work for the dentist in exchange for the milker working for them. | |
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
| − | |||
By setting-up these arrangements early, we can assure the future production we need without the need to buy those goods and services using money in the traditional manner (except for the initial purchase of land and tools and other inputs that cannot yet be built within the network). | By setting-up these arrangements early, we can assure the future production we need without the need to buy those goods and services using money in the traditional manner (except for the initial purchase of land and tools and other inputs that cannot yet be built within the network). | ||
When combined with consumer-owned assets, this creates a *real* insurance for any good or service we want to guarantee for ourselves while eliminating the purchase of those products and eliminating the payment of wages. | When combined with consumer-owned assets, this creates a *real* insurance for any good or service we want to guarantee for ourselves while eliminating the purchase of those products and eliminating the payment of wages. | ||
| + | |||
This would theoretically also eliminate sales tax and income tax as explained at http://en.wikipedia.org/wiki/Imputed_income | This would theoretically also eliminate sales tax and income tax as explained at http://en.wikipedia.org/wiki/Imputed_income | ||
Latest revision as of 21:09, 12 January 2026
Our working definition
Revenue is any form of benefit that can represent an extrinsic motivation, that might come back to contributors in an OVN. Usually, it comes in a form of currency (see also exchange value), i.e. can be exchanged against something else.
Other definitions not yet integrated in existing OVN models
Revenue can also be intrinsic motivation when a contributor accepts the use value of a product created somewhere within the OVN. Example, someone could decide to contribute to a project just because of the opportunity of learning some new skills and making some new friends.
Crowdfunding campaigns (and even the older CSA model) often pay their contributors with a portion of results of that production. For example, the consumers of milk might prepay to fund the operation of a dairy simply because they want some milk under their collective control. Crowdfunding usually compensates contributors with the results of one round of production and then severs the connection.
In a more advanced form of use-value compensation, the consumers to become real co-owners of the assets (equipment) required to produce that product. This causes the consumer to own the product even before it is produced, eliminating the need to purchase that product. This also compensates each contributors for multiple rounds of production for as long as they pay their portion of the costs.
An even more advanced form of compensation might be thought of as "cross-contribution" (ex. timebanking or more complex forms of barter) where there are no money exchanged, only promises to provide a benefit to someone at a later time. For example, someone who wants dental insurance might commit to milking cows for other contributors within the OVN. Even if the dentist does not want milk directly, he will surely want some of the products from other contributors within the OVN such as from a bread-maker, a brain surgeon, an automotive mechanic, etc. If there are enough contributors of the products wanted by the dentist who want milk for themselves, then they can agree to work for the dentist in exchange for the milker working for them.
By setting-up these arrangements early, we can assure the future production we need without the need to buy those goods and services using money in the traditional manner (except for the initial purchase of land and tools and other inputs that cannot yet be built within the network).
When combined with consumer-owned assets, this creates a *real* insurance for any good or service we want to guarantee for ourselves while eliminating the purchase of those products and eliminating the payment of wages.
This would theoretically also eliminate sales tax and income tax as explained at http://en.wikipedia.org/wiki/Imputed_income