A new paradigm of collaborative digital economy that integrates industries, companies and people through advanced technologies for sustainable development. It merges capitalism and green socialism, optimized by artificial intelligence.
Combines incentives and innovation for sustainable and eco-friendly development.
Artificial Intelligence
Extensive use of AI to optimize processes and make informed decisions, generating collaborative solutions.
Technical Proposal for the Econódico Economic System (EES)
The Econódico Economic System (EES), which means Collaborative Digital Economy, introduces a framework designed to leverage technology for the benefit of individuals, countries, communities, companies, and industries. The system is structured to allocate 35% of the generated profits to the participants, while continuously investing 30% in R&D&I (Research, Development, and Innovation). Operating costs are strategically managed to remain below 35%. The implementation of this system will be driven by artificial intelligence to optimize efficiency and effectiveness.
Objectives
The EES aims to establish an economic model that facilitates reinvestment and growth in the development of technologies and solutions. The vision is to foster sustainable growth in the regions where the system is adopted. In the current rapidly advancing technological environment, it is crucial to have resources that allow for experimentation with reduced bureaucratic barriers, as this accelerates the learning and development processes necessary for contemporary demands.
Technological Advancements
The proposal seeks to create opportunities for the advancement of collective knowledge in key technological areas, including:
Artificial Intelligence
Renewable Energy
Advanced Manufacturing
Creative Industries
Critical Thinking
Curiosity-Driven Research
Space Development
Food and Agriculture
Electromobility
Health
Education
Economic Model
In today's world, the use of technology involves costs, whether through direct payments, service fees, commissions, or data exchange. The Econódico system transforms these variables into economic resources that drive development. It generates income aligned with people's interaction with technology, but with an intentional focus that returns benefits to users in various forms. This model ensures that technology does not interfere with existing markets or daily activities, but rather provides integrated solutions in a seamless manner. The key difference is that the gains from these technologies are reinvested in the regions where they are used, promoting local economic growth.
Implementation Strategy
The implementation of the EES will involve:
AI-Driven Optimization: Utilizing artificial intelligence to enhance the system's operations and decision-making processes.
Continuous Feedback Loops: Implementing mechanisms for constant feedback and continuous improvement to adapt to changes in the technological landscape.
Stakeholder Engagement: Actively involving all stakeholders to ensure alignment with local needs and priorities.
Scalable Infrastructure: Building a scalable infrastructure that can accommodate growth and expansion across different regions.
By adopting this approach, the EES seeks to create a sustainable and inclusive economic ecosystem that empowers communities and promotes technological advancement.
Fundamentals of Economics
Friedrich Hayek
The Limitation of Knowledge:
"The fundamental problem of economics is the use of knowledge that is not given to anyone in its entirety."
The Social Use of Knowledge:
In his essay "The Use of Knowledge in Society", Hayek argues that the price system in a market economy acts as a communication mechanism that allows individuals to coordinate their actions despite not having access to all the information. "The price is a communication mechanism that transmits information about scarcity and demand."
Critique of Central Planning:
Hayek argues that centralized planning is inherently ineffective because it ignores the complexity of dispersed knowledge. "Central planning cannot work because it cannot gather the dispersed knowledge needed to make informed decisions."
Theory of Knowledge and Value:
In his work, Hayek also addresses how his theory of knowledge relates to the subjective theory of value. "The value of a good is not intrinsic, but depends on the perception and knowledge of individuals about its utility."
The Pretense of Knowledge:
In his essay "The Pretense of Knowledge", Hayek criticizes the arrogance of economists who believe they can effectively plan the economy. "The pretense that we can know and control the future is one of the most dangerous illusions of our time."
John Maynard Keynes
Keynesian Economics: Keynes is the founder of Keynesian economics, which holds that aggregate demand (the total spending in the economy) is the main driving force of an economy. According to Keynesian economics, insufficient demand can lead to prolonged periods of high unemployment.
The General Theory: His most famous work, "The General Theory of Employment, Interest and Money" (1936), challenged the classical economic thinking that markets always clear and economies self-correct. He argued that during periods of low private sector demand, the government should intervene to increase spending and stimulate economic activity.
Fiscal Policy: Keynes advocated the use of fiscal policy, including government spending and tax policies, to influence macroeconomic conditions. He believed that during economic recessions, governments should increase spending and reduce taxes to boost demand, and conversely, during booms, they should reduce spending and increase taxes to cool the economy.
Impact on Policy: Keynes' ideas were particularly influential during the Great Depression and after World War II, leading to the adoption of policies aimed at achieving full employment and economic stability. His theories laid the foundations for the modern welfare state and the development of macroeconomic policy.
Bretton Woods Conference: Keynes played a significant role in the Bretton Woods Conference in 1944, which established the International Monetary Fund (IMF) and the World Bank, institutions designed to promote international economic cooperation and stability.
Legacy: Keynes' work has had a lasting impact on economic thought and policy. Although his ideas have been subject to criticism and revisions, especially during periods of high inflation in the 1970s, they remain central to modern economic policy discussions.
Gunnar Myrdal
On the nature of circular causality:
"The notion of stable equilibrium is normally a false analogy chosen in constructing a theory to explain changes in a social system. In the normal case there is no such tendency towards automatic self-stabilization in the social system." (Myrdal, G. (1957), Economic Theory and Underdeveloped Regions, p. 12)
About cumulative effects:
"A change does not call forth countervailing changes but instead admits changes that move the system in the same direction as the first change, but much further. Because of such circular causation, a social process tends to be cumulative and often to gather momentum at an accelerating rate." (Myrdal, G. (1957), Economic Theory and Underdeveloped Regions, p. 13)
On uneven development:
"The play of market forces tends normally to increase, rather than to decrease, the inequalities between regions. The expansion of a locality leads to the stagnation of others." (Myrdal, G. (1959), Economic Theory and Underdeveloped Regions, p. 38)
In relation to investment and demand:
"Investments are made in response to the size and expected growth of demand, both local and external, rather than in response to the rate of profit they may yield." (Myrdal, G. (1957), Economic Theory and Underdeveloped Regions)
On the interaction of economic factors:
"The mobility of factors is disequilibrating; the concentration effects occur as a result of the emergence of increasing returns to scale and competitive gains." (Myrdal, G. (1959), Economic Theory and Underdeveloped Regions)
SEE Economic Proposal
35% Operating Expenses
Covers all the necessary costs for the daily operation of businesses and industries.
35% Investors
Individuals are considered investors based on their actions and daily contributions, encouraging active participation.
30% Reinvestment
Funds dedicated to research, development, technological innovation, and the creation of advanced solutions.
Implementation of the SEE: Education and Training
1
Development of Educational Programs
Integration of technological skills and knowledge about sustainability into the curriculum.
2
Digital Learning Platforms
Creation of collaborative systems supported by artificial intelligence to facilitate continuous learning.
3
Continuous Training
Ongoing update programs to adapt to new technologies and sustainable practices.
Implementation of the SEE: Infrastructure and Policies
Robust Digital Network
Creation of a technological infrastructure that connects all participating entities of the system.
Blockchain for Transparency
Use of blockchain technology to ensure transparency and security in transactions and operations.
Innovation Policies
Establishment of policies that promote innovation and protect the environment.
Equitable Regulations
Implementation of clear and fair regulations that ensure transparency for the participation of all actors.
Community Development in SEE
Self-Sufficient Communities
Promoting local communities that implement sustainable practices and green technologies to achieve self-sufficiency.
Collaborative Projects
Initiatives that involve diverse sectors of society, promoting active participation and community engagement.
Benefits of the Econodic Economic System
1
Sustainability
Reduction of the ecological footprint through green practices and clean technologies.
2
Social Equity
Fair distribution of income and equal opportunities for all participants.
3
Continuous Innovation
Constant investment in research and development to maintain technological leadership.
4
Active Participation
Incentives for the participation and contribution of all members of society.
Conclusion: The Future with the SEE
Revolutionary Vision
The SEE represents a revolutionary vision of the economy of the future, where technology and collaboration are fundamental pillars for sustainable and equitable development.
Comprehensive Improvement
This system not only seeks to improve economic efficiency, but also to promote a more just and environmentally conscious society.
Continuous Adaptation
The SEE is designed to constantly evolve, adapting to technological and social changes to maintain its long-term effectiveness.