Event: Scifi Economics Event

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Events

Sci-Fi Economics Event

Relational goods, stocks over flows, systems over networks: a webinar on the strange economy of the Messina district

Messina is a small city in Sicily, overlooking the eponymous strait that serves as the island’s gateway to mainland Italy and Europe. Sicily’s economy and society have long been crippled by high unemployment, inefficient public services, corruption and organized crime. Yet, over the past ten years or so, a small cohort of about 120 enterprises in Messina, working closely together, have managed to build a solid, long-termist, fair, human-centric economy – and achieve stability and prosperity in the process. They call themselves “the Messina advanced cluster”.

To get where they are now, they had to re-invent a lot of economic concepts. The familiar ones (“maximizing shareholder value”, “correct market failures” etc.) were simply not working out for Sicily, and for their goals. So, as they re-built their local economy, they developed their own economic thinking, with concepts such as “relational goods”, “stocks as autonomy”, and “systems, not networks”. Even their innovation is weird: solar panels made out of the pulp of waste oranges? A People’s Energy Company?

In this webinar, you will learn how they built this incredible success under very difficult conditions, and how their way of thinking might help you along your own journey.


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About Edgeryders event method

A 2hr process of online activities that accelerates offline activities.

Discussion

The EdgeRyders events process begins when an idea or solution is posted on the platform, sparking discussion among community members. Some join in, actively listening, asking questions or giving thoughtful responses. (This is a safe place and not for debating opinions or speaking for others.)

The discussion begins with first hand accounts of attempts taken to solve societal issues and moves to navigating the personal challenges experienced by members. Nuances and the various different contexts surrounding these challenges begins to show.

Information analysis

Next open source technology is used to make connections between topics being discussed, the people discussing them, places, projects, solutions and struggles. When we put this together, patterns start to emerge that help join these ideas and people to each other and to other information, skill and resources.

By the end of the process, our community members have gained a richer knowledge and understanding of the issue they wish to tackle and have a blueprint to put their idea into action.

What comes out of it

Inputs Platform Outputs Outcome
Good People Conversation Articles Clusters of local actors that together try out new ideas to secure resilient livelihoods for their communities and themselves. Each cluster is composed of individuals, groups and organisations with deep ties to a place.
Interesting stories Sensemaking New Projects How is a cluster different from a network? In a network, participants look for how to make the most of what others are doing. In a cluster, participants are willing to re-orient their work, so as to better work with the other participants.
Experience-based knowledge New perspectives & ideas Unlikely Alliances If you are a construction company, you must not be lazy, and be open to using new technologies. If you are a social cooperative, you must look away from providing standardized services to customizing what you do in order to better valorize the capabilities of the people they are assisting. And so on.

What participants do: 2hrs

The process with require 2 hrs of your time in total , spread out over a 3 week period:

  • Fill in registration form ( 5 mins)
  • Participate in the video chat ( 1.10 hr)
  • Leave comments on the forum sharing your thoughts ( 35 min)

Optional (+ 1. 5 hr): If you want to be involved in new opportunities for working and fundraising together with others - you can come to the follow up call to explore ideas for collaboration born out of the process + do some follow up work

How to participate