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.
Authors
- Farooq Hamid
- Iona Kaled
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
- Field-Weighted Citation Impact
- 0.00