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Intro
Money is valuable because of we agree that it has value.
Money is a Story
• That shared consensus of value is the story of money.
How Might We Get Really Rich?
• How might we get really rich?
• Zeynep:Each of these words, How Might, We, Get,
Really, and Rich should be on the same slide but
animated to come in one at a time in a sentence.
Where do stories come from?
• Incidents in relationship to each other.
Incidents..
..in Relationship
Incidents in Finance: Transactions
The Cycle
value
value
Financial Transaction
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
Source Material
Source Material in
Relationship
(Economy)
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
value
Objective Reality
Representation of the
Story: the Currency.
1.) The story of money, the
articulation of the shared
agreement that it has value,
make it the default premise in
transactions.
2.) The premise,
always negotiable,
has an impact on the
experience when
used in relationship
3.) Experiences all using
the same premise become
the source material
incidents
5.) The story of money is represented by
the objective reality representation of a
currency note or the numbers in an account.
The Narrative Entrenching Cycle
4.) Incidents are ordered
into relationships
Methods
• Literature Review
• Paper Deck
• CLA of Debt and Yield
• System Modeling
• SME Interviews
• Hybrid CLA
• Research Question
Why CLA?
Hybrid CLA
Analysis of Hybrid Model
The OS: The fractional reserve banking system is
largely the same structure for the sovereign
currency of any nation.
Incidents in Finance: Transactions
Analysis of Hybrid Model
Analysis of Hybrid Model
-Financialization has increased exponentially
over the last 100 years.
-The shifting response to financial
malfeasance: Wall Street to Wolf of Wall
Street
-High pressure lobby to re-combine
commercial banking and investment
banking.
Analysis of Hybrid Model
2.) High pressure lobby to re-combine commercial banking
and investment banking.
Analysis of Hybrid Model
3.) Wall Street to Wolf of Wall Street
Analysis of Hybrid Model
3.) Wall Street to Wolf of Wall Street con’t
“My experience is where there is a one-to-one relation between if I do X, money will hit my pocket,
you tend to see people doing X a lot. You wave enough money in front of people, and good people
will do bad things.”
Analysis of Hybrid Model
The Current Myth: A finite game.
A game played for the purpose on winning
based on rules.
The Alternative Myth: An infinite game.
A game played for the purpose of continuing the
play by changing the rules.
The infinite game contains
within it finite games.
Analysis of Hybrid Model
Analysis of Hybrid Model
-Bitcoin highlights that
alternatives forms of issuance
are possible.
Analysis of Hybrid Model
-Dave Chen: The
Negawatt
-Peter Blom and Triodos
Bank: Citizen, Consumer,
Banker
Analysis of Hybrid Model
-Teamsters Investment
Strategies: Double
Dipping
Rand, Greenspan, and Branden
Self Esteem is..
• An internal evaluation based on attributes.
• It’s a truth, perhaps concealed to the very person
making the valuation; deepest vision of competence
and worth.
• It’s a human need, on the level of oxygen, and humans
will attempt to fulfill the need; the evaluation is made
one way or another.
Self Esteem
The root of our self-esteem is not our achievements per se but those internally generated practices that make it possible for us to achieve.
Shifting the Burden
Escalation
From Criminal Justice to Public Health
Sou Sou
Conclusion
“When you attack the founding myths of a society, the society
trembles, you put it in danger because they are foundations. If
you attack something upon which society is based on, you will
be attacked by the society and condemned to death. But when
you take the founding myth, and you reinterpret it, in that case,
the society starts to change.”
-Alejandro Jorodosky

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Narrative and Value: Authorship in the Story of Money

  • 1.
  • 2. Intro Money is valuable because of we agree that it has value.
  • 3. Money is a Story • That shared consensus of value is the story of money.
  • 4. How Might We Get Really Rich? • How might we get really rich? • Zeynep:Each of these words, How Might, We, Get, Really, and Rich should be on the same slide but animated to come in one at a time in a sentence.
  • 5. Where do stories come from? • Incidents in relationship to each other.
  • 8. Incidents in Finance: Transactions
  • 9. The Cycle value value Financial Transaction value value value value value value value value value value value value value value value value value value value value Source Material Source Material in Relationship (Economy) value value value value value value value value value value value value value value value value value value value value Objective Reality Representation of the Story: the Currency. 1.) The story of money, the articulation of the shared agreement that it has value, make it the default premise in transactions. 2.) The premise, always negotiable, has an impact on the experience when used in relationship 3.) Experiences all using the same premise become the source material incidents 5.) The story of money is represented by the objective reality representation of a currency note or the numbers in an account. The Narrative Entrenching Cycle 4.) Incidents are ordered into relationships
  • 10. Methods • Literature Review • Paper Deck • CLA of Debt and Yield • System Modeling • SME Interviews • Hybrid CLA • Research Question
  • 13. Analysis of Hybrid Model The OS: The fractional reserve banking system is largely the same structure for the sovereign currency of any nation.
  • 14. Incidents in Finance: Transactions
  • 16. Analysis of Hybrid Model -Financialization has increased exponentially over the last 100 years. -The shifting response to financial malfeasance: Wall Street to Wolf of Wall Street -High pressure lobby to re-combine commercial banking and investment banking.
  • 17. Analysis of Hybrid Model 2.) High pressure lobby to re-combine commercial banking and investment banking.
  • 18. Analysis of Hybrid Model 3.) Wall Street to Wolf of Wall Street
  • 19. Analysis of Hybrid Model 3.) Wall Street to Wolf of Wall Street con’t “My experience is where there is a one-to-one relation between if I do X, money will hit my pocket, you tend to see people doing X a lot. You wave enough money in front of people, and good people will do bad things.”
  • 20. Analysis of Hybrid Model The Current Myth: A finite game. A game played for the purpose on winning based on rules. The Alternative Myth: An infinite game. A game played for the purpose of continuing the play by changing the rules. The infinite game contains within it finite games.
  • 22.
  • 23.
  • 24. Analysis of Hybrid Model -Bitcoin highlights that alternatives forms of issuance are possible.
  • 25. Analysis of Hybrid Model -Dave Chen: The Negawatt -Peter Blom and Triodos Bank: Citizen, Consumer, Banker
  • 26. Analysis of Hybrid Model -Teamsters Investment Strategies: Double Dipping
  • 28. Self Esteem is.. • An internal evaluation based on attributes. • It’s a truth, perhaps concealed to the very person making the valuation; deepest vision of competence and worth. • It’s a human need, on the level of oxygen, and humans will attempt to fulfill the need; the evaluation is made one way or another.
  • 29. Self Esteem The root of our self-esteem is not our achievements per se but those internally generated practices that make it possible for us to achieve.
  • 32. From Criminal Justice to Public Health
  • 34. Conclusion “When you attack the founding myths of a society, the society trembles, you put it in danger because they are foundations. If you attack something upon which society is based on, you will be attacked by the society and condemned to death. But when you take the founding myth, and you reinterpret it, in that case, the society starts to change.” -Alejandro Jorodosky