Great talk of Michel Bauwens at pixelACHE festival 2009, taking place from 2nd to 5th of April in Helsinki. He discusses traditional socialist theory and compares it with his P2P-approach of change giving a fairly good analysis.

As a conclusion he describes his vision in two scenarios: The so called »high road« is a hope of implementing a kind of a green capitalism adopting mechanisms of peer production, leaded und supported by the Obama administration. The second »low road« scenario is a rather dark one assuming that there will be no change from top down and all change only comes from bottom up, which implies that during the decline of capitalism these grassroot initiatives are predominantly »resilient communities« securing their immediate means of live.

Alternative Economy Cultures PART 2 from pixelACHE festival.