The Cybersyn experiment, lessons from a past failure in mutual coordination economics | P2P Foundation | Peer2Politics | Scoop.it

What pricing is for market allocation, and decisions are for planning, mutual coordination is for commons economics. Two previous experiments, the failed Russian internet described in Francis Spufford’s Red Plenty and the Cybersin experiment described in Eden Medina’s Cybernetic Revolutionaries, failed. We have argued that commons-oriented peer production offers a unique chance to revive these practices (see here), but below, Eden Medina looks back at what went wrong in Chile, even before Pinochet destroyed the project: