How Does Copiosis Work?

The beauty of Copiosis is in its simplicity. It doesn’t try to reinvent the wheel. It just identifies the core major faults of capitalism and fixes them. First we describe how Copiosis is different. Then we show how it works.

 

It Eliminates Money

Redefine money mobile

Today: Money and profit compel endless economic growth. Money gets created through interest-bearing debt. That means we’re all burdened by debt which limits real freedom.  With money tied to debt, one dollar is tied to all other dollars. That means, we compete with each other for a limited money pie.

That’s why when you want a raise, your raise is contingent on your company budget. Your salary or wage increase comes from others’ pockets. A person can harm the environment or other people and still get rich. Often, doing so is in a person’s best interest. Despite regulations, society often plays catch up, sometimes repairing damage done from profit-taking acts and sometimes not.

Libraries, museums, food, transportation, and many manufacturing operations generate societal benefits. Other activities create benefits too. The harm they create outweighs their benefits though. They continue because they’re profitable, in the limited, economic definition: net revenues or profit. Profit doesn’t consider a firm’s social or environmental impacts.

Copiosis Solution:  Net Benefit Reward (NBR) replaces money and debt. It makes your potential “income” unlimited. Society gives you NBR when what you do creates net benefit. A net benefit happens when your acts produce more positive results than negative ones. As long as positive results continue, you continue receiving reward.

NBR is unlimited because it literally gets created from nothing. Its existence is fictitious. NBR also is non-transferrable, meaning, once you get it, you can’t give it to someone else. Spend it and it disappears.

This means, your “income” gets determined solely by what you do and how what you do benefits others. Create massive benefit, you get massive amounts of NBR. Since NBR comes from nowhere, no one competes against others. You get what you need to take such actions at no cost. How? People giving you such resources get rewarded when you create net benefit. They rely on you and you rely on them. We’re all in this together.

In this way Copiosis eliminates “cost”, a big factor that limits what’s possible. Eliminating “cost” also eliminates “profit” too, since profit’s definition relies on cost being a thing. In Copiosis it is not.

So people get rich without needing to “profit”, making getting rich far easier.

By eliminating money Copiosis does far, far more than what you’ve just read. But what you’ve just read is a big deal. Many of today’s problems go away with this simple shift.

 

It Offers A New “How”

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Today: Most of our global society measures success by the percentage growth in Gross Domestic Product (GDP). If more goods and services (of any kind) are exchanged for money, we say that society is progressing. The how of that progress or those exchanges doesn’t matter.

For example, in many places, medical care is so expensive, the vast majority of people, rich or not, can’t directly pay for it. So we buy health insurance, which has its own problems. Every dollar spent on premiums, and medical care costs, even administrating that care, adds GDP value. But we can give everyone their medical care at no cost. We just can’t do it today.

Today many things getting done have no monetary value, while providing immense value in other ways. Child-rearing, looking after elderly parents and mentoring all are examples. Today’s economy places no value on these valuable acts.

So it is across the economy. How we do things gets less attention than what we do. At the top of what we do, economically speaking, is “how much is being spent?”, not, “how are we spending?”

Copiosis Solution: Copiosis replaces GDP with Net Benefit as the central value. A town, region, nation or individual prospers when Net Benefit goes up. Any activity not creating  Net Benefit gets no reward.

Individuals, companies and even nations can easily change how they’re acting, thereby increasing Net Benefit. It’s easy because capital goods they need come at no cost. Capital goods providers create Net Benefit providing their goods and services, so they get NBR when they do so. That way the “cost” of resources goes away.

All this means, the more an individual prospers, the better that person’s community gets. The more a company prospers, the better people working there and the community surrounding it gets. Same with nations. Same with the world.

 

It Redefines The Social Contract

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Today: We could easily provide for everyone’s needs worldwide. Today, except in the most dire cases, you must “afford” your needs. Few people, therefore enjoy autonomy over their own time.

Meanwhile, many trade their freedom for a job and what it allows. Today your survival requires your economic contribution. Everyone must contribute. That contribution, however, must fit within strict parameters if you want income for that contribution. Don’t contribute within this narrow range and you can’t afford food, clothing, shelter or healthcare.

Today, most people can’t afford pursuing their passions long enough that they become valuable contributions to others. Instead, they must “earn their living” 🙄.

Copiosis Solution: Whereas capitalism guaranteed the right to life, liberty, and the pursuit of happiness, Copiosis also guarantees the right to food, shelter, education, and health care. But Copiosis is not socialism. It retains the incentives at the heart of capitalism, the idea that if you dedicate yourself to your passions then you will be rewarded with nice things.

How does it do this without a government getting in the way?

By creating a broad menu of elements that together create real freedom for everyone, provide necessities to everyone at no cost to anyone while still making everyone rich, Copiosis creates a new framework honoring a new social contract.

That social contract says: life for everyone will be better off if everyone follows their passions, no one has to afford anything, and no one is obligated to do anything they don’t want to do. Ironically, this social contract, which sounds somewhat like today, potentially outperforms what we have today. Without money, cost, and “earning a living” in the way, people get on with what lights their fire, thereby lighting the world on fire. In a good way. 😂💯👍🏻

 

Main differences between money and Net Benefit Rewards

Money

Net Benefit Reward

Can be used for nearly any purpose. And can be transferred between people or institutions. Non-transferrable – only natural humans get it and once assigned can only be used by the assignee. Institutions or organizations can not own NBR.
Can be used to make anyone do just about anything including sell drugs, fight wars, murder, cheat, steal, defraud others and destroy the environment. Good for one thing and only one thing:  luxury consumption.
Exists both virtually and in physical form, even if it is just paper with special ink on it. Completely virtual and fictitious.
Scarce – The money system forces people into competition for never enough money. Abundant – there’s no limit to how much can be rewarded.
Debt-based. Money gets created through debt creation NBR gets created from nothing. Debt doesn’t exist in Copiosis.

 

How is Net Benefit calculated?

This video explains it all:

 

Copiosis Algorithm basic details:

Algorithm Formula

Three general sections comprise the algorithm. Here’s what each does:

  1. Product demand balance function
    • Measures resources producer activity consumes and the abundance of such resources
    • Measures the number of producers producing similar outputs thereby consuming similar resources
    • Measures number people demanding what producers are producing
  2. Consumer Benefit function
    • Measures the subjective benefits accrued to consumers when they consume a good or service
    • Measures the objective benefits accrued to consumers when they consume a good or service
  3. Environmental benefit function
    • Measures the scale of benefit produced by producer/consumer activity
    • Measures the environmental benefit resulting from producer/consumer activity
    • Measures the human effects resulting from producer/consumer activity as it relates to human resiliency.

Each variable as well as each function has a “weighting” variable which allows for cultural values differences to be included in the formula.

Find out more about the algorithm. Check out our Advanced Sh*t section (coming soon as funding arrives), or download our Algorithm proposal, version 7.1.

Let’s compare Copiosis to capitalism

There are many things Copiosis shares with capitalism, but many of those things don’t look like they do today. Here is a short list of some of those things:

How Copiosis is like Capitalism

How Copiosis is unlike Capitalism

Retains the incentive to work and the rewards that come from that work Producers are not constrained by costs, but instead by net benefit to planet and people. People “work” by following their passions, not doing things to “earn their living”.
Retains the market mechanism as it is applied to earning NBR. NBR rewards drive supply and demand. Higher Net Benefit generating activities command larger proportions of supply activity. Labor focuses on driving Net Benefit, not profit. Therefore, our success measure, globally is not GDP. It’s increasing, real freedom and prosperity measured by how much Net Benefit gets produced.
Markets still exist. Markets are unlimited, meaning, any problem identified is a market and any said market gets met by resources to the degree said market offers Net Benefit generating potential.
Production decisions are made by producers – the people who make things, not by a central committee or government. Government, debt or cost do not constrain what producers make or restrict what  people do.
The best product “wins”. Many pursuits that go unrewarded in capitalism are rewarded in Copiosis, creating vibrant potential disruption opportunities. Intellectual Patents and Copyrights are eliminated, leaving all ideas free for anyone to exploit. When exploited, the IP originator gets rewarded.
Those who benefit more people are rewarded more. Rich people in Copiosis can’t use their wealth to control others because NBR wealth is non-transferrable, there are no politicians to buy and no government creating laws to lobby or fund.
Consumerism exists, but in an enlightened state, balanced by other factors as all persons are granted autonomy over their own time and are able to pursue their self actualization. Everyone is provided access to the basic needs without needing to work at all, freeing people to participate (or not) in whatever projects or activities they want. Activities producing no Net Benefit generating no NBR.

There is no credit, no loans, no layaway. If you want a luxury, you must have sufficient NBR to unlock the Gateway.

Justice still exists, property and individual rights are still protected. Justice system workers, from the police to the highest judges, are rewarded only when their solutions produce Net Benefit.
A person can still become very wealthy if that’s what a person chooses. Corporate personhood no longer absolves people from the consequences of their decisions…because organizations can’t own NBR or make decisions
Property may be passed on to future family generations (inheritance) There are no taxes at all, including estate or inheritance taxes.
Market volatility exists as problems will always exist and solutions therefore constantly created. The financial sector no longer exists, including activities related to market speculation, hedging, investing, banking, etc.
You are liable for your actions, including damage you inflict on other people’s persons and property. Insurance is no longer necessary as replacing goods that are damaged, or getting medical care is no longer cost prohibitive.

 

How Copiosis Works: Building a computer

Computers are complex manufactured goods. Here is how such a product would be made in a Copiosis economy, generally. Many steps are left out for brevity (such as component and prototype selection and testing, quality assurance and inspection processes, focus group testing, manufacturing process testing and design, etc.) but these omitted process happen similar to the processes described below. Use your imagination! Fill in the holes. Contact us if you have a question, objection or “whadabout?”

The process is not much different than how a computer is designed today. Acountability and the reward process (i.e. distribution of wealth) differs though. But because of these differences, process decisions are much, much different than today.

Design teams would specify basic expected features users want. But they would not stop there. Their objective: maximize their own Net Benefit Rewards by maximizing the net benefit to consumers and the planet. So the design team would design a computer that minimizes negative environmental effects of building, distributing and using the computer, while packing it with as many other features as possible.

Because of this, this team obviously would be composed of far more people than coders and product engineers. This team would spec a computer that would last as long as possible, with parts that can be upgraded constantly through its life. The computer would likely also provide functions computers today do not, such as collecting biometric monitoring information that could benefit user health, for example.

It might also be designed for effortless end-of-life recovery and recycling.

A personal safety and security function might be included that could alert not only the user, but also authorities if unauthorized access or other privacy violation happens.

The manufacturing process would use the absolute minimum in resources and those resources would be of the most abundant possible. Sourcing those resources would be accomplished in the most sustainable manner as Net Benefit drives supplier activity as well as the design and manufacturing teams.

Now, you could say that is what happens today. However, with cost measured in money, that’s not what really happens. What happens is the least cost sustainable resource, process, labor and or design is usually the one that is used. Then scale is used to gain cost efficiencies: The more computers made, the more costs can be allocated to more units, thereby decreasing per unit costs, which equal larger profits.

Trade-offs between costs and the environment are always being made, often with the environment losing. That is why, for example, you see mountains of computer carcasses littering African cities and poisoning water, soil and people. It costs too much to include in the design an efficient way to reclaim old componentry.

In Copiosis, the computer maker isn’t constrained by cost because it doesn’t pay anybody for anything. Costs therefore don’t exist. So trade-offs aren’t needed. Suppliers are rewarded for the net benefit they create by contributing to the computer maker’s production process. This frees the computer maker to make the absolute best product possible with no regard for costs but with every regard for their process’ effect on the environment.

Once the design spec is near completion, the work would go to engineers (both on the software and hardware sides) who would begin designing these capabilities into code and into the hardware.

Meanwhile, supply chain coordinators would begin sourcing factories, original equipment manufacturers (OEMs), tooling requirements, etc. for building the computer. They would coordinate with these contractors and suppliers to ensure their bill of materials and specs are met.

Suppliers and contractors, knowing their businesses better than the computer maker, would likely offer new compelling ways to improve the maker’s specs and processes. Thus making the computer making process even more efficient (i.e. even more positive net benefit producing). Coordinators might help the computer maker meet new suppliers and contractors with even better ideas.

Once relationships get set and process determined, materials and equipment get allocated.

One or more OEM factories might assemble/make parts. The OEM factory owner would offer her factory and, if chosen, she and her co-workers (there are no employees) would receive NBR for producing the computers once they begin rolling out of the factory.

Raw materials would be ordered – natural or existing materials would be converted to processed materials. Waste plastic, for example might be grinded up and converted to pellets that can be used to create computer housings, for example. At that step, everyone who was involved in collecting, grinding and turning waste plastic into new plastic substrate delivered to the factory, would be rewarded NBR once that processed material was delivered. They benefitted the factory (and society) by providing the net benefit of converting a waste stream into a useable material.

Once all materials arrived, the factory uses them to create the computer parts. Once complete, computer parts would be shipped to the assembly factory. Once those parts arrive at the assembly factory, everyone responsible for converting the natural and waste stream “raw” materials into computer parts would be rewarded NBR for the net benefit of enabling the computer maker to make computers.

At the assembly factory, the parts would be assembled into computers. The computers are then shipped to various locations where consumers can get them. Once the computers are consumed, i.e. being used by consumers in however way that looks, everyone responsible for creating those computers is rewarded NBR. This includes the people responsible for helping the consumers choose this computer.

The consumer likely does not own the computer, even though she can do whatever she wants with it. The computer maker decides whether its computers are Necessities, Capital Goods or Luxuries. But in every case, it’s likely the maker retains ownership and liability for end-of-use impact on the environment. Why? Because making sure that used computer doesn’t end up in the environment is a net-benefit producing action.

So long as the computers remain in use, everyone who contributed to the consumer benefitting from using that computer continues receiving a recurring periodic reward. Once that usage stops though, all recurring rewards cease. That means there’s strong incentive on everyone’s part that things they make not only provide maximum net benefit, they last too.

Upstream suppliers don’t receive this recurring reward stream. They benefit from the vast amount of net benefit they produce in providing the material going into huge numbers of parts and processes. So the plastics recycler, likely has thousands of consumers of their plastics, making them both a high net benefit producer and a very wealthy group of people.

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