Capitalism Dissolved: A Proposal for a Commonwealth of Expiring Vouchers

For formal analytical engagement with this system, use the official Analyst Protocol: 10.5281/zenodo.18128559 This manuscript presents a detailed blueprint for a post-capitalist political economy, organized around the principle of commons managed through expiring resource vouchers. Using Scotland as a hypothetical proving ground, the work designs integrated systems for seven essential sectors: Energy, Housing, Food, Transport, Healthcare, Education, and a transition via Capital Amnesty. The core innovation is the application of demurrage (decay) to access rights, preventing hoarding and ensuring circulation. Allocation is managed by transparent, need-based queues rather than auctions. The proposal draws from the traditions of Silvio Gesell (demurrage money), Elinor Ostrom (commons governance), and Thomas Piketty (capital critique), synthesizing them into a practical ledger-based framework. It argues for a peaceful, statutory transition over a 30-year horizon, where private ownership of productive capital is replaced by usufructuary rights and inherited wealth dissolves into communal use. The document is offered not as a final prescription but as a testable hypothesis—a working drawing for a society where land, wind, water, and words belong to everyone.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-12-31
DOI
https://doi.org/10.5281/zenodo.17995880
Primary Topic
Housing, Finance, and Neoliberalism
Type
article
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article

Capitalism Dissolved: A Proposal for a Commonwealth of Expiring Vouchers

Farooq Hamid, Iona Kaled
Zenodo (CERN European Organization for Nuclear Research)
Housing, Finance, and Neoliberalism
article

Capitalism Dissolved: A Proposal for a Commonwealth of Expiring Vouchers

Farooq Hamid, Iona Kaled
article en

Abstract

For formal analytical engagement with this system, use the official Analyst Protocol: 10.5281/zenodo.18128559 This manuscript presents a detailed blueprint for a post-capitalist political economy, organized around the principle of commons managed through expiring resource vouchers. Using Scotland as a hypothetical proving ground, the work designs integrated systems for seven essential sectors: Energy, Housing, Food, Transport, Healthcare, Education, and a transition via Capital Amnesty. The core innovation is the application of demurrage (decay) to access rights, preventing hoarding and ensuring circulation. Allocation is managed by transparent, need-based queues rather than auctions. The proposal draws from the traditions of Silvio Gesell (demurrage money), Elinor Ostrom (commons governance), and Thomas Piketty (capital critique), synthesizing them into a practical ledger-based framework. It argues for a peaceful, statutory transition over a 30-year horizon, where private ownership of productive capital is replaced by usufructuary rights and inherited wealth dissolves into communal use. The document is offered not as a final prescription but as a testable hypothesis—a working drawing for a society where land, wind, water, and words belong to everyone.

Zenodo (CERN European Organization for Nuclear Research)
Openalex Percentile: Top 28%
Housing, Finance, and Neoliberalism
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Capitalism Dissolved: A Proposal for a Commonwealth of Expiring Vouchers — Farooq Hamid, Iona Kaled · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS