Svetocracy (The Dominance of Light)

Content

• What is Svetocracy?
• What is the Svetocracy's system of believes?
• What is Svetocracy's social concept?
• What is the economic concept of Svetocracy?
• What are differences between Svetocracy and the old economic theories?
• How Svetocracy works?
• What are practical implications of Svetocracy?
• How Svetocracy makes global wars obsolete?
• How does Svetocracy differ from Anarchy?
• What's wrong with the representative democracy?
• What about privacy?
• How will Svetocracy fix the education system?
• What is Svetocracy's road map?
• What is the next step for Svetocracy?

What is Svetocracy?

Svetocracy is the socio-economic theory, which is based on the assumption that a human life has the highest universal value and that individuals are the only agents of all types of economic activities and, consequentially, that meeting each and every individuals' natural, basic needs must be the main and the only goal of the world's political and economic acts.

Svetocracy prime social postulate is that the most recent advancements in information technologies allow for the fundamental reorganization of the existing social and political institutions in order to fit them to every human being's individual requirements.

Svetocracy main economic presumption is that we must change our global economies' management approach from the top-to-bottom, when we try to stimulate the economic growth on the macro level by tax incentives or by massive injections of inflationary capitals, to the bottom-to-top, when we begin to encourage all individuals to the economic activities of his/her personal choosing by providing him/her with the necessary financial resources as well as with the adequate legal and tax supports.

Svetocracy main practical method is the gradual transformation of the existing world's governing structures, which are now run by large bureaucratic apparatuses, political appointees and old, unwieldy groups of public representatives, by implementing on all levels of society the machine-human decentralized information systems governed by the mathematical consensus mechanism, empowered by AI and led by the direct democracy.

What is the Svetocracy's system of believes?

Svetocracy is not an ideology, it is the socio-economic concept and the practical methodology, which is based on latest developments in physical sciences and information technologies and aimed at reaching the world-wide, decentralized consensus on the main socio-political issues crucial for the long-term survival of the human civilization.

At the same time, it is inevitable that Svetocracy has also to maintain some basic value system, which determines its main political methods and appeals to its followers.

This value system includes the following:

• the undisputed priority, which every individual's human life, including those from all future generations, and fulfillment of his/her personal basic needs have over all other political, social and economic considerations;
• the notion that each and every individual has an absolute freedom of choice of his/her religion, place of residence, profession and political affiliation;
• the theory that our civilization has already reached the productive and technological stages where we have became practically capable to meet each and every individual's basic needs in food, shelter, medicine, personal safety from violence and global travel;
• the believe that the long-term survival and prosperity of the human society as a whole is the main objective of all world-wide political, economic and social systems;
• the conviction that the only practical way to choose between different political, economic and social options is to use decentralized, mathematically proven consensus algorithms, which automatically accounts for the vote of every living human being on Earth;
• the idea that the decentralized, highly interconnected world-system, divided to the multitude of small and medium size communities of various political, economic and social orders, which are governed by the global, instant and automatic human-machine based consensus mechanism, is much more efficient and adaptable to the surrounding us environment than the one, which is centralized, institutionally monitored and controlled by several powerful elites.

What's Svetocracy social standing?

We, humans, independently of origin as well as of our unique characters, are all born into the predefined socio-political order, which is not of our own choosing. As we grow up, most of us voluntarily or not have to embrace this order and to start protecting it against all changes external or internal. On the other hand, the surrounding us World is the subject of constant, eternal changes. Moreover, as our own human, physical science has objectively showed to us in the past several decades, this material world consists of virtually nothing - the quantum foam, where Universe's most elementary bricks - particles - are momentarily formed and instantly extinguished by the fluctuation of spacetime. As a result we have an on-going, unresolved crisis on our hands, when our human civilizational actions, aimed at eternalizing our social orders and civic bodies, are found in the permanent contradiction to the objectively instable environmental conditions.

At the same time, our human consciousness vigorously resists to accept this newly revealed, fluid reality, which leads to that our most trusted social institutions such as family, local communities and national states are tend to perpetuate themselves in their most archaic, systemically non-efficient, often, inherently corrupt and, even, life-threatening forms.

It doesn't, of course, mean, as some followers of extreme political doctrines such as Marxism, Fascism or Anarchism like to point out, that we need to either over-centralize and "scientifically" organize all of our lives under the guidance of one dominant ideology or, instead, to get rid of the family or state as a form of organized existence and activity. Those wild theoretical propositions have long time ago proved their practical ineptitude revealing their anti-human, dogmatic and sometimes, even horrific nature. Alternatively, what we need at this relatively technologically advanced stage of our civilization is not a rigid ideology but a flexible socio-economic methodology and the adaptable human-machine synergistic systems which might help us to continually organize and reorganize or lives with regards to the endlessly changing surroundings.

What we can't do within the rigid ideological canons imposed by self-serving "leaders" or "elites", we can achieve using the recent advancements in electronics and computer science. Svetocracy proclaims that human creative genius after so many millennials of tries and errors has now, at last, allowed us to systematize and optimize our social and economic activities on a global level by scrupulously accounting for each and every individual human being's needs, talents and actions.

Instead of demolishing our most valued institutions we have to reorganize them based on our individual requirements. It means that in place of one or several stiff, ideologically uniform, monolithic political, social and economic structures we will have the coordinated agglomerations of much smaller socio-economic human-machine sub-systems, led by mathematically proven consensus algorithms.

On a micro-level it means that each and every of us, independent of place of birth, skin color or religion will be able to form, to find and to freely change the economic organization, the social community or the national state matching his or her individual predispositions.

On a macro-level it means that instead of a world-system, which is constantly engaging itself in permanent, self-distracting global conflicts aimed at resolving never-ending hunger for resources and power among few remaining, hereditary ruling groups we will have the dissolute, variable, flexible local governance mechanisms, where internal conflicts between much smaller agents are incapable to destroy the whole Earth society by application of unified and uncontrolled force.

What is Svetocracy economic concept?

As with any other types of practical economic theories the Svetocracy main objective is to present our society with the workable model of the long-term sustainable economic development.

Obviously, there's no shortage of the already existing economic concepts and to add one more might look as a redundant exercise. However, due to the rapid technological progress all of them quickly became obsolete, which is reflected in the current lack of consensus about future economic models among professionals accentuated by the progressive disintegration of the world economy.

In this situation, which might soon became critical and start to threaten the basis of our economic survival, we must not restrain ourselves from reconsidering even the very basis of how we think about economic processes.

We must admit that until recently the elementary unites of our economic calculations have always been different macro-objects such, for example, as companies of various sizes or governments.

Although, we have always understood that individuals are the main and the only real actors of all economic processes, due to the lack of technological abilities (including measurement and computational powers) until most recently we have never been able to account for individual economic impacts on the global scale, choosing by necessity to operate on a "micro"-level of businesses' or municipals' accounts.

Only in the past several years, thanks to the advent of decentralized electronic forms of money, we have added the capacity to prepare and to maintain personal financial accounts to an ability of measuring, analyzing and projecting almost all types of individual economic undertakings using social platforms and personal monitoring devices.

This has lead us to the conclusion that it is the right time to review the widely accepted but outdated hypothesize, which postulates that positive results of companies' economic activities (such as sales, profit and accumulated assets) is the main and, most times, the only accepted success criteria of government economic policies, and that organized forms of business ventures (such as f.e. corporations) must be the main focus of stimulating legislation.

What's the difference between Svetocracy and the traditional economic concepts?

We will now have a look at four major school of thoughts, which, for different degrees, define the current world's economic theories landscape. Those are: new-liberal, nationalist, socialist and libertarian.

New-liberal.

New-liberals, obviously, have dominated both economic and political worlds for the past two decades with their strategy of building the mono-polar, integrated, prosperous international society, which is dominated and controlled on legal and financial levels by selected few among most developed Western nations.

This ideology had had its obvious successes on an initial stage when it allowed for world-wide adaption of the latest technologies as well as business and legal standards.

However, as national elites had been prospering and expanding their political influence, they started to resist further penetration of foreign businesses and financial interests into local economies by creating various legal and tax barriers to external players. With time it has lead the world's most powerful countries to the next stage of political and economic confrontation, which threatens to grow into the military standoff resulting in the new global war.

Corporates' and hereditary elites' privatization of democratic processes coupled with an unprecedented concentration of global resources and political powers in the hands of few super-rich had lead us all to those dreadful results, which have completely undermined the credibility of the underlying new liberals' concepts and their elitists' economic policies. The need for a fresh, unbiased, non-dogmatic, non-ideological, technologically and scientifically driven global strategy for the world's economy has never before been more obvious to so many people through all countries. Svetocracy is our attempt to outline the scopes of such a strategy.

Svetocracy is based on a principle of prevalence of the individual economic freedom over the corporatist or blue blood's one. That makes Svetocracy free by definition of any type of corporate, bureaucratic or personal dominances and controls. Svetocracy is governed only by the global, decentralized, automated consensus systems, driven by the direct expression of the will of millions of people across the globe.

Nationalist.

In the past decade various types of nationalist economic theories have been rapidly growing in popularity in Asia, Eastern Europe, Africa and South America. Although there's no one recognized source for those types of concepts all of them are based on the following principles: domination of several big, highly diversified corporations headed by the representatives of the national elite over almost all branches of the country's economy; populist government politics stimulating low-level consumption by expensive infrastructure programs and massive cash injections; protective tariffs and strict customs controls; the expanding role of government agencies in managing most types of economic and social activities.

In contrast to nationalist economic theories, Svetocracy allows for formation of the unlimited number of economic groups and communal societies in the virtual space outside of all political and national borders.

Socialist

Old socialist theorems, specially those put forward by proponents of Marxists or Communists beliefs, have attacked the existing orders many times. However, all of those offensives were not triumphant due to the fact that the authors of those "social goods" theories have made a mistake of underestimating the importance of taking into consideration the individual humans' self-serving nature.

Contrary to socialists' doctrines, Svetocracy does not attempt to impose the administrative control on various human instincts but, instead, economically stimulates individual humans' positive impulses and capacities by employing their less adorable faculties such as greed, personal pride and fear of public rebuke.

Another category of more moderate socialist ideologies such as, for example, the so-called democratic socialism now popular in many Western European countries, requires the heavy presence of government in key industries such as energy, health-care and infrastructure. This dogma also stipulates the care-taking government, which, through the system of excessive taxation, is obliged on temporarily or permanent basis to sponsor the living expenses of underprivileged, underemployed, handicapped and aged.

As a result of those unrestricted, centralized government interferences into economic lives of its citizens, corruptions among politicians and public officials have recently reached an unprecedented level unseen not only in the most developed nations despite their traditionally rigorous legal systems but also in the developing countries.

Svetocracy, instead, takes care about individuals not by the means of exercising coercive state's powers from above but by accounting for personal needs from the bottom of the economy and by permitting almost unlimited business and financial individual freedoms under the condition of the voluntary personal information disclosure and the constant, decentralized algorithmic monitoring of individuals' economies and finances.

Libertarian

Libertarians, despite their growing popularity, have never been able to gain a country to implement their doctrines into practice due to their inherent inability for political organizations and long-lasting protests. Nevertheless, ideologically, they present a power to count with.

This economic philosophy puts individual freedom and unrestricted market competition above every thing else stating that after we allow for more freedom the rest, what humans may ever need, will come to us almost automatically.

In contrast, Svetocracy doesn't accept libertarian thesis that unfazed competition in all spheras of human activities leads to societal progress. Svetocracy questions the need for economic activities for the sake of profits. Svetocracy goal is not to make each and every human being a millionaire, which doesn't make sense mathematically. Svetocracy, instead, aims at allowing to all humans' positive, non-destructive potentials being included into world's economy regardless their short-term financial bottom-lines, focusing, instead, on long-term, broader societal benefits from such types of individual talents manifestations.

How Svetocracy works?

Svetocracy is based on constant monitoring of all human beings' individual financial balances, and their consequent aggregation into companies, communities, regions, countries and world's balances. That allows for prediction of economic consumptions and outputs on all levels of worlds economy both from the industrial and regional points of view. It also forms the basis for the formation of sound monetary policies on all levels from a city to the planet.

However, instead of putting government's bureaucrats and politicians in charge of redistributing public resources with accordance to this information's subjective interpretation performed by official experts based on several academic theories, Svetocracy makes this information widely available for public consensus systems analysis. Therefore, instead of macro-interpretations of those data by one or two major central banks with Svetocracy there are going to be an almost unlimited number of economic and financial strategies, which will be based on different local group's economic priorities, social norms, religions or life philosophies. Public credits are issued to individuals only - not to faceless companies - based on the algorithms governed by publicly owned, decentralized analysis systems.

What are practical implications of Svetocracy?

Under the current world-system, policed by several national governments' secluded financial and economic institutions and shaped by steered competition among global corporations, an individual is obliged to spent most part of his or her productive live only to achieve an appearance of a trust accord with the country's ruling powers in order to obtain an access to credit resources. "Stable" job, impeccable professional records, long-term country residence and, sometimes, untarnished political reputation - all of that and even more are required to obtain a mere financing of a couple of thousands of dollars. At the same time trillions of dollars are yearly almost uncontrollably spent by non-elected bureaucrats by the first request of selected politicians or appointed corporate managers.

Such inefficient, unjust and, often, corrupt system has existed almost unchanged for hundreds of years and was substantiated in public eyes by main-stream media propaganda, which appealed to people's "sense of reality". Past two decades of information revolution have dramatically changed not only how public perceive this "reality" but also how individuals might obtain those credits through instant access to various electronic forms of money. Now only outdated laws and primitive social institutions, mostly inherited from medieval times, prevent us from fully benefiting from our own technological achievements.

Moreover, under the present socio-political conditions, when he or she, after so many devastating tries and errors, finally receives so thought for resources in personal disposal the individual's life is usually already in its concluding phase and it is too late to fully benefit from it. Not only selected individuals but our society as a whole are suffering from this archaic politico-economic order.

Faced by those facts, Svetocracy calls for the 180 degree reversal of this grotesque pyramid by placing an individual in the center of the economic system and allowing him/her to obtain a full, unabridged access to the public finance right from the start of his adult life by only asking in return the full and complete disclosure of individuals' financial and economic accounts. This high level of public control is required to prevent the fraudulent activities and an individual avoidance of justified public retributions for individual's unlawful actions.

In this case a person will start his\her life with as much electronic monetary resources in possession as he\she is capable to substantiate by demonstrating trough the social networks to the broader society his\her personal talents, ambitions and projects. If a given individual became successful in life then, obviously, both society and individual benefit from that. If, in contrary, a person highly overestimates his\her potentials, then those resources, although spent inefficiently are not lost in the unproductive, unapproved by public majorities' ventures, such as international wars or environmentally harmful projects. Additionally, those "unsuccessful" individuals will, nevertheless, contribute to the society by spending their resources on others people products and services.

In both cases, however, it doesn't take all life for an individual to prove his or her worth to worthless bureaucrats, the individual precious time on Earth is not spent to satisfy somebody's unjustifiable requests but is fully and fruitfully lived for the greater or lesser benefits of the whole humanity or its selected groups.

How Svetocracy makes global wars obsolete?

Modern wars are organized by states elites, which are constantly looking for political and economic bonuses, and despite their declared objectives indiscriminately kill thousands of innocent civilians each year. Not to mention that wars cost us both in direct and indirect expenditures about $14 trillion each year. Most importantly wars are perpetuated by the negative behavioral loop now prevailing in our global society and widely considered by mass-media to be as indispensable to human nature as breathing.

The important question those to be raised - is that really so?

Svetocracy definite answer is no.

Independently of innumerable lessons taught to us by the history we shouldn't and mustn't accept the notion that humans are no more than intelligent and aggressive animals condemned for eternity to fighting for survival amongst themselves.

There's, however, the only one way to prevent truly malicious agents, states led or others, from indulging itself and the rest of the world into the destructive antagonistic spiral, which is leading to a complete annihilation of the human race. This way is to decrease the size and the power of those agents. Because, however, nobody can really tell what agent is truly malicious or not we must decrease the size and the power of all known agents, including state's, government's, business' and societal. Those the decentralization on the truly global scale is the only real antidote to the war virus.

At the same time, our intelligence itself coupled with our own practical experiences tells us that there are much more socially, economically and physically effective alternatives to wars in order to resolve inevitable conflicts periodically sparkled among different social groups and individuals. Those alternatives includes sports, games, cyber collisions or even purely lingual altercations in social networks coupled with immediate economic gratifications as well as with a sophisticated complex of financial disincentives to different forms of aggressions. However, only global human-machine systems based on mathematical consensus algorithms are capable to implement and to maintain such alternatives.

How does Svetocracy differ from Anarchy?

The original meaning of ancient Greek word "anarchia" is "leaderlessness". However, at the mid-nineteen century it was adapted by the followers of the French philosopher Pierre-Joseph Proudhon to mean stateless societies, which are based on voluntary associations. On the societal level, though, Anarchism stands for the self-governance and voluntary institutions based on non-hierarchical free associations.

Svetocracy, however, realizes an utopian, unpractical nature of Anarchism, which denial of ranked orders greatly reduces the speed and efficiency of business and civic interactions between humans. Moreover, as our specie's history has already clearly showed to us, talented and energetic individuals leading larger humans' groups often allows them to achieve unprecedented technological and social breakthroughs.

At the same time, Svetocracy as well as Anarchism fully recognizes the great danger of an authoritarian power concentrated in one's hands as well as the paramount importance of personal freedom. Because of that Svetocracy, allowing for unlimited numbers of small and medium hierarchical organizations being freely formed by gifted human beings, simultaneously arranges for an algorithmic limitation of the maximum allowed size of all pyramidal structures and their maximum life-span.

Additionally, applying various multi-chain consensus protocols enables an unlimited number of small, disintegrated societies spread across large geographic distances to reach the state of mathematical agreement on any numbers of issues. Implementing this technology on a global level leads to a temporary formation of larger, scaled governing verticals, which are able to address all important issues simultaneously affecting lives of billions of human beings all over the Earth.

What's wrong with the representative democracy?

Representative democracy system is what Winston Churchill had had in mind when he said "Democracy is the worst form of government, except for all the others." Well, looks like we now came to the time when it is no longer true. Rapid development of information technologies in the past two decades has made it possible to fully an efficiently implement the direct democratic system assisted by AI on all levels of governance.

The only real obstacle we now have in our way to the fair and non-corrupt government is the whole generation of old, technologically retarded politicians, which still firmly cling to power and which are willing to do everything it takes to stay on top of this outrageously corrupt, dilapidated pyramid as long as they physically can.

That is one of the main issues with this ancient form of democracy, where most essential needs of large masses of people are supposed to be adequately met by economic and social acts introduced by largely disconnected from those masses elites, most of which, quite logically, choose to pursue their own financial and political goals instead of vaguely defined "broader social benefits".

The second issue is that, although, as the unique history of several selected countries has showed us, significant improvements can be made to this system by adding some elements of public control and by developing competition between different government branches, by the end of the day this system stays what it had always been for thousands of years - the subtle trick by which few subdue many to their own will and personal desires.

The third issue is that even if, again only in some selected countries, most laws are carefully observed and direct manipulation of submitted votes are rendered impossible, still, with time, even this superficially healthy system or representative democracy gradually succumbs to an inevitable process of commercialization, when laws and politicians are financed by big corporations and when "representatives" quickly turn to businessman (women) after their turns are expired being able to fully extract personal benefits from multiple federal or local legal acts, which they previously voted into the laws for the exact this selfish reason.

Undoubtedly, at present, overall, we have a situation when 99.99% of good intended people across the world still believe that this grossly outdated system of indirect representation is as good as we can realistically get at this stage of our civilization, with all technological alternatives thought to be "idealistic delusions of several disenfranchised nerds".

However, that is bound to quickly change as younger generation of technically savvy political and business leaders will step up to replace the ruling, ridiculously moronic dinozaurs. Of course, even then, just because of an incredible inertia of all our social, political and economic mechanisms we are doomed to several decades of the painful transition, and, occasionally, retractions.

Still, Svtocracy firmly stands behind the nascent urge to transfer our governments from the current bureaucratic and apologetically inefficient, deeply inhumane state of corrupt monstrosity to elegant, decentralized, 100% honest machine-human system led by algorithmic consensus, which will allow us to take our society to the new age of the direct, technological democracy.

What about privacy?

Because Svetocracy is largely based on full transparency and publicity of each and every individuals' financial and social transactions it raises very important question of an individual privacy?

Is Svetocracy the new Panopticon? The answer is "no" for two main reasons.

First and foremost, wide public availability of personal information assures that Svetocracy relies not on the cohesive force of a centralized power but on the public consensus and the moral authority of large human communities united by shared economic interests and moral norms.

Secondly, recognizing the utmost psychological and moral importance of privacy Svetocracy introduces the concept of the Sanctum.

Sanctum stipulates the twilight information Province, which all humans are free to joint and leave at any moment. In this Province all information as well as participated entities and transactions among them remain always anonymous and can't be made public under any circumstances. However, there's one notable exception to that rule, every time an individual choose to log into the Province, the amount of time he / she spends there is measured and then made publicly available.

Although, it won't prevent some crafty individuals from subverting this system by, for example, employing other individuals to enter into Province for their behalves, Svetocracy states that the total number of such people would never be critically significant.

How will Svetocracy fix the education system?

Education is how we pass the necessary for our individual and collective survival information from one generation to another.

Because during the past several millenials our society was predominantly run by highly centralized and bureaucratized organizations the most essential element of all our educational programs had been the accumulation of information and skills valued by those organizations.

However, when the process of continuing, ever-expanding centralization has reached it climax and started to gradually slow down by the end of XX century, fewer and fewer number of bigger and bigger entities started to control larger and larger portion of world's assets. As a result more and more people have found themselves out of work.

That tendency will be more pronounced in the nearest future as low paid jobs - the main source of income for billions of people across the Glob - will be further undermined by the advent of AI.

Universal Basic Income (UBI) may alleviate some dare consequences of such drastic transformation of our world-system from the one, big, unhappy labor-camp into the staged theater, where the majority of humanity will be condemned from the birth to watch in their 3-d goggles how selected few live their glorious lives.

Svetocracy states that we can avoid such Utopian future only by drastic decentralization coupled with reorientation of our education system from serving organization to serving individuals.

Educational institutions through system of personal balances must have direct, financial stakes in their students' future. Additionally the knowledge and practical skills with which those institutions provide their students must be tailored to individuals' unique set of physical and psychological characteristics. Moreover, education process must not have any terms and institutions must continue to provide their students with necessary updates to their knowledge and skills all their lives.

At the same time global decentralization will allow for students freely move between different institutions as their personal coins will be bought and sold by those organization similar to how now football clubs sell and buy their team members.

What is Svetocracy's road map?

We recognize that implementing such drastic changes to our world's economies, policies and social lives as proposed by Svetocracy will require the significant time and will include several major stages without implementing each of which no further progress is possible. We will briefly describe here four main stages: Business, Political, Economic and Social.

Business Stage.

In the contemporary world nothing can be achieved without previously accumulating significant resources, which, we believe, might be legally obtained only through an entrepreneurial activity.

Consequently, on the first stage Svetocracy is focusing on developing several major business projects, which, on the one hand, must serve as the source of future financing for Svetocracy movement and, on the other, be implemented and conducted in accordance with Svetocracy's main principles and its major strategic objectives.

Moreover, because one of Svetocracy's leading principle is the full freedom of choice for individuals to select their political, social, geographical and economic affiliations Svetocracy is fully committed to support any other businesses, independent of their origin, which share Svetocracy's main first stage goal.

This goal is to implement the world-wide, distributed, decentralized system of personal financial and economic balances. By the end of the first stage that system must allow for complete and immediate accounting of all individual humans' resources, needs and obligations. Those balances will be used for building the world-wide quantitative economic model that represents the interdependencies between different human beings in all national economies.

Those individual balances from different regions can also be linked together not only to investigate the financial effects of inter-continental political decisions but also to perform social, political, economic and environmental analysis of those choices.

The structure of this model must be later incorporated into national accounting in all countries, and as such be used to calculate important measures such as national GDP. It also has to be used to study communal economies within a country, and as a tool for national and regional economic and financial planning in order to meet all individuals' basic needs.

This system will also be used to identify economically related individuals' clusters and groups of underprivileged individuals as well as those, who are most likely to enhance the internal coherence and strength of a specified economy.

Based on this decentralized, consensus algorithms system's generated economical model analysis it will became possible to instantly, fairly and voluntarily redistribute underused resources or over-produced goods and services from one human being to another.

Political Stage

On this Stage Svetocracy aims at creating world-wide social movement, which main objective is to represent basic values of the whole humanity, reflected in each and every living being's economic and financial basic needs independently of religion, ethnicity and place of origin.

The first practical objective of this inter-continental movement represented in each country by one or several national political parties would be to be elected into the countries legislative bodies. The main political agenda for a given national party is to support the legislation acts allowing for implementing the world-wide, decentralized system of personal economic and financial balances into the national banking, finance and economic systems.

Economic Stage

Achieving Economic Stage's main objectives - to improve lives of each and every individual human being on Earth - will only became possible after completing both Business and Political Stages.

By thoroughly and timely accounting for all individuals' inherent basic needs on country's level and by redirecting at least part of existing national financial and economic institutions resources, which now spent in various projects benefiting only ruling elites members, on fulfilling those personal necessities some immediate but, of course, not fully completed personal economic and financial reliefs might be achieved.

Social Stage

As more and more individuals in each country start to realize the importance, relative efficiency and personal benefits of the economic system based on the decentralized consensus and individual economic balances Social Stage will gradually became possible as more and more political representatives of the movement will be elected in legislatives bodies on different levels - communal, cities, states and federal.

During this stage the old, centralized institutions will be systematically transformed into decentralized ones. This process will be precipitated as new AI technologies will with time over-take in popularity the old, humans' intellect only based decision making systems.

What is the next step?

Being the practical economic theory, Svetocracy doesn't look for a confirmation from academic circles - only for the social and business applications. It doesn't, however, mean that Svetocracy won't need a mathematical interpretation, peer-to-peer reviews and rigorous professional critics before it might be recognized as an acceptable theory among professionals. It only means that the next step for Svetocracy is to be implemented - not to be talked about.

As the first stage of actualizing Svetocracy the SVETX - "Silicon Valley Entrepreneurs Tokens eXchange" project was initialized in 2018. You can find a detailed information about SVETX here. You might also choose to follow this link to view the SVETX MVP prototype.