CREDITISM
An economic system that accords with reality, reason, and life empowering human potential on a regenerative planet
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How does Creditism achieve our Common Planet?
1. We reclaim our Credit.
We create the credit for the benefit of ourselves in communities, for our own purposes, from our own activities. We shift from debt-money to credit currency, earned based on participation and purpose, not trade and profit.
2. We reclaim our Commons.
We reclaim all common capital from private to communal ledgers, moving from ownership to stewardship of shared resources and cooperatives. This shift allows for sustainable and efficient management of our common assets.
3. We reclaim our Purpose.
We align our actions with shared values and long-term goals, prioritizing purpose-driven projects that uplift communities and enhance well-being. Instead of chasing profit, we invest in initiatives that build a thriving, sustainable society.
These shifts decentralize power by redistributing decision-making and resource management. Creditism restructures our economic foundation, fostering abundance while permanently eliminating debt, poverty, and warfare.
COMMON PLANET
Life
- Guaranteed Housing
- Distributed Credit currency guarantees access to life’s resources
- End of poverty, theft, & war
Liberty
- No debt, taxes, or masters
- Live, work, & play anywhere you want on Earth
- Start a co-op with free access to any unused land, office, or building
Love
- Open, collaborative network
- Communities steward shared resources
- Express yourself with fluid, direct democracy
- Prioritizes sustainability
Program a distributed, global, unhackable, backupable, private-public, decentralized Holochain network database (The Structure), write it with algorithms for the allocation of Credit (currency) that value existence and spontaneous cooperative self-determination (Ontological Governance), encourage people, communities, organizations, and cities to create their accounts (The Changing), crowdsource populating the ledger through gamification with a record of all global production, capital, and resources (The Play For The Commons), use the Credit we’ve always created amongst ourselves to interact with one another and the world under rules that value existence and mutually assured evolution (Common Planet).
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Frequently Asked Questions
What is Common Planet?
Common Planet is a nonprofit advancing Creditism, an evolutionary economic system. It replaces debt-based money with Credit currency and shifts common resources to community stewardship. These changes distribute both economic power and access to resources more broadly across society. By decentralizing control over shared resources and currency creation, it eliminates debt, taxes, inequality, and scarcity while ending poverty and warfare. Common Planet believes an open, truthful, data-sharing community is the necessary foundation for human thriving.
At its core, Common Planet values:
- Sovereignty: Individual empowerment and self-determination.
- Opportunity: Equal access to resources and opportunities for all.
- Stewardship: Responsible resource management for present and future generations.
- Community: Collaborative decision-making and shared responsibility for collective well-being.
Who Manages the Digital Infrastructure?
Decentralized technology like Holochain manages digital infrastructure without central control. Each person’s private ledger has just three simple elements: Personal Credit, Community Credit, and Possessions. This open system, verified across a distributed network, replaces today’s complex web of banks, corporations, and hidden transactions while ensuring security and easy backup of all information
How Does Decision-Making For Sustainability Work?
Common Planet embeds sustainability into its core, ensuring that environmental stewardship is integrated into every economic decision. Unlike capitalism’s focus on short-term profits, Creditism operates through a dual approach: democratic voting for resource management and Credit rewards for sustainable practices. This makes environmental protection a central economic activity, transforming our relationship with nature from exploitation to regeneration and aligning planetary health with community prosperity.
The model combines two systems of collective choice-making: democratic voting for group rules and governance, and Community Credit (CC) for economic decisions. These systems work together across all scales, from local clubs, co-ops, and schools to regional councils and global bodies. Voting units are weighted by stake and impact, creating a unified framework for collaborative resource stewardship and social coordination. This ensures transparent, fair decision-making throughout society, fostering a sustainable and inclusive future.
How Does the Credit Currency System Work?
Credit currency in the Common Planet system operates on two levels: Personal Credit (PC) and Community Credit (CC). Every individual on Earth receives a PC account, with an initial allocation of Credits times age. Personal Credit allows people to access goods and services in the Market, with Credits deleted when used. Simultaneously, communities receive monthly CC for collective needs, infrastructure, and shared resources.
The Credit system is digital, transparent, and not debt-based. Credits are continuously distributed as Universal Basic Income (UBI) and as recognition for participation and purposeful activities, ensuring a stable economic flow. The system is mathematically designed to maintain economic stability and prevent inflation or hoarding. Importantly, credits cannot be transferred, stolen, or inherited, promoting equitable gameplay and distribution across generations. This dual approach balances individual needs with community growth, fostering both personal autonomy and collective responsibility within the Creditism framework.
Who Manages the Credit Currency System?
It’s a decentralized user-driven model within a local and global product market pricing system. Each person has a Personal Credit account, allowing them to directly input their Credit activity through the app to claim their currency. Most activities are group-based, making them easy to verify and confirm.
At worst, someone might try to claim a bit more Credit than they’re entitled to. If caught, they face fines. But even this is minimal compared to the rampant exploitation under capitalism—think theft, bribery, coercion, and far worse. In Common Planet, what’s the risk? Stealing a car or kidnapping someone? For what? Digital Credit currency? It’s non-transferable without a legitimate exchange of goods, and any attempt to misuse it would be easily traceable, effectively incriminating the offender.
What About Jobs & Income?
Common Planet envisions a shift in how we define work and earn a living. Traditional jobs, as we know them, will evolve. While some sectors may disappear or contract, especially those driven by profit at the expense of people and the planet, new opportunities will emerge in areas prioritizing community well-being, sustainability, and creativity.
In this system, you earn Credit in two main ways: by actively contributing to projects that benefit society—like efficient production, education, arts, and local agriculture—or through a Universal Basic Income (UBI) of Credit. This UBI ensures everyone has a basic level of economic security, while contributions to the community can increase your earnings. The focus shifts from working solely to survive, to meaningful participation that enriches both individuals and communities.
What About Housing & Hotels?
In Common Planet, housing and hotels shift from being an investment to a utility managed by caretakers. When transitioning to this system, homeowners become caretakers of their primary residence, with all existing mortgages, insurance, and taxes eliminated. Their previous home equity converts to more “Personal Credit” (PC), the system’s currency.
For those with multiple properties, options include:
– Keep as vacation properties, with all existing debts, insurance, and taxes eliminated, however, no equity converts.
– Resell back to the community, converting net equity into more PC.
– Corporate-owned properties become community-managed Commons under local democratic control
All Houses and hotels are rated 1-10 like iMdb does. Housing access works through a “Housing Level” (HL) rating system (1-10) based on past living experience. Your HL determines which available homes you can choose from. You can improve your HL by:
– Using PC to purchase a higher level
– Spending PC to upgrade your current home
– Maintaining good caretaking practices
Neglecting property maintenance reduces both the home’s rating and your HL. This system ensures universal housing access while encouraging responsible stewardship. Local communities decide how to allocate housing for various needs (primary residences, temporary stays, vacations) using transparent data management tools.
How is Common Planet Implemented?
We begin by educating people about Creditism, deepening their understanding of the system, followed by running economic simulations to refine and optimize the approach.
The transition can proceed through two complementary pathways:
1. Grassroots Network Building: Developing a decentralized global network on the Holochain protocol, where members collaborate to manage Credit allocation and map real resources. This network enables coordination of shared activities, with member participation and gamification driving widespread adoption.
2. Policy Reform: Collaborating with Nations to integrate Creditist principles into policy frameworks.
Both strategies aim to unite humanity as one family, sharing and sustaining a Common Planet.