Time-based
Ongoing contribution
Care, teaching, monitoring, and maintenance — where duration itself is the contribution.
Creditism
The end of debt.The beginning of flow.
Capitalism begins with ownership. Creditism begins with life.
Credit arrives because you exist. More arrives when you contribute. It deletes when you spend it, so it never compounds into a claim on anyone else’s hours.
Questions while you explore?Ask Creditism Sage ↗
Credit that deletes.An economy that serves life.
Creditism issues purchasing power to people and communities instead of making access depend on debt. In the Marketplace, the Credit used for a purchase deletes instead of becoming the seller's balance. Contribution is recognized separately through issuance.
Issued, not borrowedDeletes in the MarketplaceCommons governed, purposes chosenSupply visible and governed
Life
first.The design begins here
first.The design begins here
Personal CreditA baseline for every person, then more for contribution.
Guaranteed homeStewardship without rent, mortgage, tax, or insurance.
Community CreditAn equal voice in directing what communities build.
BonusRecognition for groups whose outcomes hold up.
How the unit behaves in Capitalism
Use it. It survives. Someone keeps it.
Currency enters two ways. The issuer spends it into existence, and it stays until taxed. Banks create it by lending, and it lasts until the loan is repaid. Nothing else deletes it. Everywhere else it changes hands, and the return path carries the buyer's money itself instead of deleting it.
Issued0
Deleted at repayment and tax0
In circulation0expanding
One control is real: the issuer decides how much it spends and how much it takes back in tax, and that difference is the stock it creates. The third is not a control at all. Bank credit expands and contracts on private judgments of profit, one balance sheet at a time, and no one sets its quantity.
Permitted, protected, and enforced
- moved to anyone, for any reason, or none
- lent at interest
- pledged as collateral
- invested for autonomous return
- inherited as concentrated power
How the unit behaves in Creditism
Use it. It deletes. Issuance continues.
Credit is issued to people and communities, held for future use, and deleted at defined points of use. The return path carries goods, access, demand information, and separate recognition, not the buyer's money.
Issued0
Deleted at use0
Outstanding0stock steady
This tracks the quantity of Credit held, not the price level. More Credit outstanding does not translate mechanically into higher prices; price pressure depends on demand relative to real capacity, inventories, scarcity, and ecological limits. The quantity itself is visible and governed.
Then how do makers get paid?
The baker is credited for baking through issuance. Your purchase is separate. Your Credit deletes, and nothing lands in the baker’s account. The price can signal real constraints without carrying wages, rent, interest, and passive profit through the production chain.
Where can Credit go?
It deletes in the Marketplace for new or otherwise unowned goods, resources, services, and activities. Your Credit deletes in full in the Exchange too, for anything already owned; the seller is credited separately, up to what they paid. It may remain in your account indefinitely for future use.
Not permitted and not recognized
- Personal Credit transferred or gifted
- lent at interest
- pledged as collateral
- invested for autonomous return
- inherited as concentrated power
Three streams
One unit. Three jobs.
One unit performs three distinct public functions: security for a person, capacity for shared life, and recognition for group outcomes. Keeping the flows distinct protects individual agency while making collective purpose visible.
Personal Credit
for a life
- A baseline, because existence has value
- More for work, learning, care, creation
- Only individuals spend it
Community Credit
for what we build together
- Flows to community accounts by population
- Every person directs an equal share
- Only group accounts spend it. It replaces taxation
Bonus Credit
for outcomes, not owners
- Recognizes balanced social and ecological quality
- Friendly competition within an industry
- Flows through as Bonus Personal Credit to members
Who decides
Democratic power. Not a wish list.
Every economy answers two questions: who decides what gets funded, and who holds what gets built. In capitalism, ownership answers both by default. Public budgets and nonprofits negotiate around that answer. They do not replace it.
Who decides what gets funded.
Community Credit is issued directly to local, regional, and global community accounts by population, while every person receives an equal personal share they can direct toward groups and projects they support. Decisions sit at the smallest scale competent to make them well, and voice follows affectedness. A neighborhood that can competently decide how to repair its own street should not need regional permission.
Who holds what gets built.
Commons and shared productive assets sit on governed ledgers rather than becoming unrestricted private claims. Cooperative and productive assets are checked out under community-set usage rights and time limits: the group holds use, not title, and when it disbands the asset returns to availability. Homes are held through protected stewardship. Personal property stays personal. Stewardship is neither ownership under a softer name nor open access; it carries obligations and accountability.
The 3 Forbidden Invisible P's
What Common Planet cannot outsource.
We believe that there are 3 key determinations any conception of a Common Planet cannot outsource to The Invisible Hand of markets:
Purposes
Otherwise, our activities become merely means to the ends of profit, and everything becomes a product. Hence an attention economy, and a consumption focus rather than a creative focus.
Pay
When markets determine our source of pay and our rates of pay, they constrain the efficient deployment of human creativity, and hamper the capacity of the division of labor to create and distribute wealth, and solve common challenges.
Products
Market conditions defining what is 'cost effective' for us to make means we don't enact many excellent inventions or the best versions of them. Nor do we see the wisdom in products and practices that may be labor intensive, but that are ecologically and culturally efficient.
Once we remove market determinations of those three aspects our markets can free us to compete toward the efficient production of myriad facets of quality with sportsmanlike conduct for personal, public, and ecological benefit, instead of the efficient production of avaricious consumption with rivalrous conflict for personal gain.
The Standard Pay Scale
Pay survives. The market loses the pen.
Creditism does not abolish pay — Pay is one of the Three Forbidden P's precisely because it survives. What changes is who sets the rate. No employer, buyer, or project decides it. A public, democratically revisable schedule does.
UNIVERSAL INCOME · because you exist
STANDARD PAY SCALE · for verified contribution
BONUS · for outcomes a group produced
TRANSITIONAL NECESSITY MULTIPLIER · temporary
Three distinct streams: a universal floor, contribution pay, and Bonus for outcomes. The necessity multiplier is a temporary transition adjustment, not a fourth stream.
During transition, essential roles that stay hard to staff can carry a published necessity multiplier — the same multiple for everyone doing that work, stepping down as the shortage eases.
The scale prices the work. The multiplier prices the shortage. A posted rate is not a bargaining outcome: it is published rather than bid, identical rather than negotiated, and if it falls to zero nobody loses their housing or their baseline.
Working proposal. What triggers the step-down is open.
Five factors. Not bargaining power. Not geography.
Skill, responsibility, difficulty, risk, and experience set the base rate. Experience means demonstrated proficiency — what someone can actually do — not years elapsed. The same work pays the same, wherever on the planet it happens, which ends outsourcing as a structural incentive: there is no cheaper place to move the work to.
Verified impact isn't a sixth factor here. Pay recognizes the activity. Outcomes are recognized through Bonus. Scoring the same result in both places would issue Credit twice against one contribution.
Three recognition modes
Not every contribution fits an hourly wage.
Fixed activity
A defined task, done
Repair this roof. Translate this guide. Map this watershed. The task is defined; completing it is the contribution.
Milestone
Project delivered in stages
Where the work is a project, recognition attaches to stages reached — not to the clock.
The form follows the work, not preference. Where paying by the hour would reward taking longer, the work is priced by activity or milestone instead.
The digital infrastructure
The Visible Hand
and its elements.
"By decentralizing the Economics, we can democratize Governance and that's about the
best system possible."— Remzi Bajrami
If we are going to create a Decentralized Network Database with popular and excellent interfaces to streamline, gamify, and decentralize economics and credit creation at scale from the bottom-up, launching us into The Ayucene, they're gonna have to be really dope! The creation of such a digital infrastructure and rule-set is a crucial counterpoint to the imperious control of nation states, corporations, and banks.
Here’s a sketch of the Elements they’ll need to run the economics of Creditism
and sparkle with posh:
The Ledger of Life
To be populated with our ever-evolving observations and assessments of the Bio and Geosphere, and our expertly crafted communal agreements of harvestables, amounts, rates, practices, and regeneration… feeding directly into The Quest Board.
The Quest Board
To be populated with all the payable work and jobs we need and want to do collectively, and any that individuals, groups, communities, and councils request.
Local, Regional & Global Ledgers
To be populated with all capital and resources collectively reclaimed and stewarded by the respective communities. Community Credit flows to these.
Group Ledgers
Accounts engaged in production or service. CC reaches them through pooling, individual requests, or democratic community approval. Bonus Personal Credit for quality outcomes flows through to members.
Personal Private Ledgers
Every person has a sovereign account where Personal Credit is received, spent, and deleted, where Community Credit is received and directed, and where private possessions are recorded. Accessible only to the individual or family — the basic interface between individual autonomy and the wider system.
Community Credit (CC)
A democratic funding stream allocated equally to every person, plus proportional flows directly to local, regional, and global community accounts. Individuals direct their share toward the groups and projects they support — only group accounts spend CC, turning public choice into action.
Personal Credit (PC)
Allocated to every person: first through being alive, then through contribution. Only individuals can spend PC, on the Marketplace and Exchange.
Bonus
Rewards groups producing balanced quality outcomes for social and ecological good — friendly competition within similar industries. Pools and rates are designed in the open, coding out exploits and coding in imploits: where an exploit extracts value outward to an owner, an imploit returns it inward to the group that produced it.
The Marketplace
All the awesome new and refurbished stuff we make for each other, plus the commodities and materials that go into making it.
The Exchange
Where anything already owned can be listed at whatever price the market will bear. The buyer's Credit deletes; the system credits the seller separately, up to what they paid. No gain on resale.
The Standard Pay Scale
Where the work happens sets nothing. Skill, responsibility, difficulty, risk, and experience set the rate — never bargaining power, never geography. Communities can no longer poach or play people against one another, but can still freely request each other's skills. The end of outsourcing as a structural incentive.
The Balance
Algorithms that balance prices with credit volume. As essentials and digital goods get cheaper — and as communities do valuable non-market work like ecosystem repair — scarce luxuries adjust upward, transparently showing each individual's and community's real buying power.
The Abodium
All the nifty houses available to take up residence in and hold in stewardship — yours to live in and maintain, not to sell, mortgage, or rent out. Each adult holds a housing level, advanceable with PC or by improving their home's 1–10 rating.
The Sphere
The civic layer for upgrading our understanding of one another — transparent algorithms the user can play with, so we're not manipulated behind the scenes. Social media and news, for any who wants it.
The Talking Stick
Integrated voting at local, regional, and global scale — with crowdsourced crafting of legislative proposals, and transparent records of council members' and political figures' votes and activities.
How it fails
We can also say what would sink it.
A proposal that cannot name its own failure conditions is not a proposal. These are ours, stated before any pilot begins.
- VerificationContribution verification collapsing into surveillance, or into a game people learn to play instead of work people actually do.
- AllocationCommunities unable to allocate scarce resources without reverting to allocation by wealth, coercion, patronage, or unaccountable authority.
- CalibrationIssuance that cannot be calibrated against real productive capacity without shortage at one end or runaway prices at the other.
- DirectionDirected capacity flowing persistently toward work nobody needed, because being wrong carries no cost to the people directing it.
Continue
The architecture makes more sense when you see how it can begin.
AYU runs the mechanics inside the old economy first. Jurisdictional adoption changes the scope, not the underlying circuit.