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.
Podcast Platforms:
Spotify: https://open.spotify.com/show/3geORcile9E1EyPyFiAHhM?si=x7fjsFhURsSBlErXnihh9A
iTunes: https://podcasts.apple.com/us/podcast/the-blockchain-socialist/id1501607045
Stitcher: https://www.stitcher.com/podcast/the-blockchain-socialist
Podcast Addict: https://podplayer.net/?podId=2598359
Deezer: https://www.deezer.com/us/show/961422
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.
