For this episode I spoke to Chris D'Costa (@cjdcosta), the founder of Totem Live Accounting (@totem_live_). Totem is building a real-time global accounting ledger built on the Polkadot blockchain to compete against traditional accounting and ERP software. I thought it was interesting to hear how blockchain could potentially be used to develop alternatives to the bureaucratic free market world of ERP systems that run global flows of information and consequently commodities.

During the episode, I first talk about how ERP technology companies are centralized planners abusing their position, how I think ERP systems are related to the infamous socialist calculation debate, and why the idea that our economy is not planned today is false. Afterwards I speak to Chris on how Totem works, why they chose Polkadot for the blockchain, and how it could be used to build cooperatives.

If you liked the podcast be sure to give it a review on your preferred podcast platform. If you want to see more content like this, please consider donating to my Patreon starting at just $3 per month. At the moment I’ve spent more on this project than I’ve ever made so any amount helps. Also, sign up for the Newsletter, follow me on Twitter (@TBSocialist), and join the r/CryptoLeftists subreddit to continue the discussion and give your thoughts.

Send me your questions or comments about the show and I'll read them out sometime.

ICYMI I've written a book about, no surprise, blockchains through a left political framework! The title is Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It and is being published through Repeater Books, the publishing house started by Mark Fisher who’s work influenced me a lot in my thinking.

The book is officially published and you use this linktree to find where you can purchase the book based on your region / country.

ERP Technology Companies are Centralized Planners of the Economy