Beyond Billionaire Fantasies to a Collaborative Economy
In my previous essay, Billionaire Consciousness, I explored how extreme wealth accumulation distorts the human psyche and encourages escape fantasies, from bunkers in New Zealand to colonies on Mars. These dreams of departure are not just personal delusions, but symptoms of systems designed to benefit the few while severing ties with the earth and one another. If we are to resist these gravitational pulls away from shared reality, we need to examine one of the core infrastructures that makes billionaire consciousness possible: money.
Money has always had a social life. We share it, manage it, and worry about it together. But the design of money tells a different story, one of private possession and individual control. That story is not natural or eternal. It is the result of relatively modern choices in financial infrastructure and ideology.
Historically, money emerged not as a private commodity but as a social technology, a way to record obligations, coordinate exchange, and manage trust in communities. As Felix Martin argues in Money: The Unauthorized Biography, early forms of money resembled collective ledgers, not coins or bills. Value was relational, not possessive.
But in modern financial systems, money has been reframed as something that must belong to a single person, stored in an individual bank account, accessed by a personal password or card, and tracked as a personal asset. This individualization of money, as Brett Scott explains in Cloudmoney, is embedded in the architecture of digital finance. Every transaction flows through personally identifiable accounts, routing wealth through centralized infrastructures controlled by a small number of institutions and beneficiaries.
This design, of money as an individualized, digital possession, scales. It empowers those who already own capital to move it faster, deploy it more flexibly, and accumulate more of it. It also isolates those who need support, making collaboration in money management feel like an exception or a workaround. In short, the very architecture of money contributes to its concentration. The more individuated and abstract money becomes, the easier it is for it to pile up in a few hands, giving rise to billionaires whose financial power exceeds that of many nations.
But for those of us who intend to stay, to live together on a warming, interdependent planet, this design is insufficient. It is not just unjust; it is impractical. Our real lives are collaborative. People share financial responsibilities with partners, caregivers, friends, and family. Financial life is social and dependent on informal arrangements. These improvisations, from shared bank cards to verbal agreements, are risky, often breaching terms of service and exposing users to fraud or loss. People persist with them because the systems they rely on do not reflect how they actually live.
The concept of collaborative payments begins with this recognition. It is not a technical product, but a shift in design philosophy, a reimagining of money as something we often manage together. It invites us to move beyond the all-or-nothing mechanisms of power-of-attorney and joint accounts, toward models that support consent, context, and care. It is not a return to the past, but a design for people rooted in the present, investing in a shared future here on Earth.
Collaborative payments can be understood as an extension of programmable money, a growing area of interest in financial technology. At its core, programmable money refers to conditional, automated payments. A certain trigger leads to a specific financial action: if this, then that. The conditions can be personal, environmental, or social, anything from a recurring bill to a pattern of overspending.
These conditional rules can introduce new forms of financial cooperation. For example, someone might configure a system to alert a friend when their spending exceeds a limit, not to hand over control, but to invite support. Another person might automate a series of payments tied to seasonal needs, income thresholds, or shared responsibilities. In all cases, the point is not surveillance or dependency, but the ability to shape money in ways that reflect life as it is lived, embedded in relationships, rhythms, and shared responsibility.
To support these possibilities, systems must be designed for configurable consent. This means giving people the ability to choose collaborators, define their roles, and set boundaries for what is shared. A person should be able to invite others into their financial life without forfeiting autonomy. And they must be able to adjust or revoke access at any time.
Of course, configuring consent requires its own kind of ability, a form of digital literacy that not everyone possesses. Children may need guidance. Seniors may need support. People with cognitive or emotional challenges may need options that are both protective and empowering. In some cases, oversight by a trusted institution or third party may be necessary. But this does not negate autonomy; it reinforces it by making it real and usable.
Importantly, collaborative payments are not only for the vulnerable. They offer value to anyone managing financial complexity, from families coordinating budgets, to friends co-planning travel, to small business owners juggling multiple streams of income and expenditure. Even intelligent systems, digital agents that flag unusual activity or automate repetitive tasks, can be integrated into this collaborative frame.
What matters most is the shift in orientation. Money is not just a tool for personal freedom or accumulation. It is also a medium of relationship, of care, accountability, and shared decision-making. Collaborative payments reintroduce this idea at the level of design. They challenge the myth of financial individualism, not by rejecting technology, but by bending it toward our real lives.
We do not need to return to paper money to rediscover the social nature of finance. But we do need to rethink the assumptions that shape digital systems, the ones that prioritize isolation over connection, control over trust, and scale over inclusion. Collaborative payments point toward a future where money serves not only individuals, but communities. Not only transactions, but relationships. Not billionaires escaping Earth, but earthlings learning how to stay.