Welcome to SORAnomics and the SORA economy, the alternative to capitalism and communism.

A new economic system based on a new economic science

Decentralized and democratic. For society, by society.


Mobile app available soon on    

No money? No Job? No Problem!

You just need lots of skills

Social Resource Allocation or SORA is a hyperlocal social free trade system based on Adam Smith's The Wealth of Nations, positioned as an alternative to Capitalism, Communism, and even the Commercial System itself. This new system comes from our proposed science called SORAnomics, derived from the works of the Scottish Enlightenment, specifically those of Adam Smith and David Hume. Our science is based on human nature instead of materialism which is the foundation of both Economics and Communism.

Economics

Society works for businessmen

"The market equilibrium comes at that price and quantity where the forces of supply and demand are in balance. At the equilibrium price, the amount that buyers want to buy is just equal to the amount that sellers want to sell. The reason that we call this equilibrium is that, when supply and demand are in balance, there is no reason for price to rise or fall, as long as other things remain unchanged."   Economics

SORANOMICS

Businessmen work for Society

"Nothing can be more absurd than this doctrine of the balance of trade [modern equilibrium]. This doctrine supposes that when two places trade with one another, neither of them loses or gains if the balance be even. But if it leans in any degree to one side, that one of them loses and the other gains, in proportion to its declension from the exact equilibrium. Both suppositions are false. A trade which is naturally carried on between any two places is always advantageous, though not always equally so, to both."   Wealth of Nations Book 4

Communism

Society works for work

"Within the co-operative society based on common ownership of the means of production, the producers do not exchange their products; just as little does the labor employed on the products appear here as the value of these products, as a material quality possessed by them, since now, in contrast to capitalist society, individual labor no longer exists.. The phrase "proceeds of labor"..thus loses all meaning.'   Critique of the Gotha Programme Part 1

Will your business survive the Great Stagflation?

Economic booms have always been followed by crises. Our system maps supply chains from the bottom up in order to maintain businesses and employment whatever the economic situation.

Inflation-Resistant. Poverty-Free. Bubble-proof.

SORA is based on An Enquiry into The Nature and Causes of the Wealth of Nations. It shifts the foundation of the economy from arbitrary money and finance into objective data and subjective fellow-feeling (via moral sentiments). It replaces cold customer-supplier Enterprise Resource Planning relationships with warm friends-and-family social networks. It only fails when society fails.

Increase Real Profits. Find Customers and Suppliers.

Since SORA is data-driven instead of money-driven, users can increase real profits by reducing the use of money through semi-barter transactions, or by increasing sales (such as disposing of excess capacity) through its economic social network. Get wealthy through 'real' arbitrage instead of 'nominal' arbitrage, and by reducing the use of the expensive financial system by piggybacking onto the existing telecoms system.

Crisis-ready. Works in all conditions.


SORA is also based on David Hume's Treatise of Human Nature and Plato's Republic which describe human social cycles. It views society as a metaphysical organism made up of smaller metaphysical organisms as souls. Crises are anomalies which happen when cycles change in a non-smooth manner. Our system aims to predict socio-economic crises using our own SORAnomic data to reduce or prevent socioeconomic losses.

Our goal: Socio-economic Singularity

Many economic problems can be solved by making 'economic agents' work together. We use technology to make it happen by solving all economic pain points through ISAIAH or the Impartial Spectator Automated Intelligence Aggregation Host, which runs SORA Match, our personality matching service

Everything in an economy, all in one place

SORA is a complete economic system made up of different apps and APIs
Offline Mode

Works Offline Too

SORA is based on Adam Smith's requirements written over 200 years ago before electricity was used. Smith studied the moneyless systems of the Incas and Mongols who didn't even have writing technology, and observed how their vast economies were maintained even in harsh environments.

Plano Carpino was a monk sent as ambassador from the King of France to one of Genghis Khan's sons. The Mongols asked him frequently if there was plenty of sheep and oxen in France. Like the Spaniards, they wanted to know if the country was rich enough to be worth conquering. Among the Mongols who are ignorant of the use of money, cattle are the instruments of commerce and the measures of value. Wealth to them consisted in cattle, as to the Spaniards it consisted in gold and silver. Of the two, the Mongol notion, perhaps, was the nearest to the truth. (Wealth of Nations Book 4, Chapter 1)

2018 NASA Space Apps Challenge Most Inspirational
Most Inspirational Award
2018 Space Apps Challenge Manila
Mars

Designed for humans anywhere

Perhaps the harshest environment for humans are other planets where even breathable air is hard to come by. This makes oxygen, water, and energy essential measures of value, just as food is the measure of value in SORA.

A Great Idea

SORA was selected in the Top 20 of the ASEAN's Next Great Idea contest in 2016 out of 400 startups in Southeast Asia

MAGIC group
MAGIC

Timeline

 
 
 
 
 
Everywhere

2008 Financial Crisis

The Great Recession, Food Crisis, Oil Crisis, Eurozone Crisis, and Arab Spring explode

Vietnam

2012-2015 Research

Juan reads Adam Smith's works as a solution to the Financial Crisis. He consolidates it into SORAnomics which predicts an economic anomaly by Q1 2018, and gets rejected by journals

  • Simple Wealth of Nations of Adam Smith
  • Simple Theory of Moral Sentiments of Adam Smith
  • Simple Treatise of Human Nature of David Hume
  • Simple Ethics of Spinoza
 
 
 
 
 
 
 
 
 
 
Malaysia

2016-2019 Startup

Juan creates SORA to implement SORAnomics, with a 10-year sprint. The 2018 economic anomaly turns out to be the Bitcoin crash and the February stock market correction

  • Top 20 ASEAN's Next Great Idea -- MAGIC, Malaysia 2016
  • 2nd Place Vietnam Blockathon -- Vietnam 2017
  • Most Inspiring NASA Space Apps Challenge -- Philippines 2018
  • Special Prize -- DISH Hackathon Philippines 2018
  • 2nd Place Social Innovation Challenge -- World Vision Philippines 2019
Phlippines

2020 Real World Deployment

Implementation of SORA Agreeculture, Match, Apprentice, and Market in preparation for the next financial crisis

 
 
 
 
 
 
 
 
 
 
Region

2021-2027 Regional Scaling

Scaling of SORA into regional implementations

Everywhere

2028-2030 A New Science

Gathering of data and consolidation into SORAnomics by publishing results showing SORA's performance during the crisis

 
 
 
 
 
 
 
 
 
 
Everywhere

2031 Social Public Offering

Sell shares to SORA users with the most grain value

Unlike an IPO where investors have a lot of money, but possibly no skill in the industry, our social public offering or SPO is for our users that have very little money but a lot of skill. The proceeds will be used to fund a spacetime-based propulsion system based on David Hume's ideas on space and time, as an alternative to the current fire-based propulsion which is caveman technology, so that we can scale beyond the planet

Feedback from Senior Academics

Gavin Kennedy
I believe it is developing into a worthwhile project.

Prof. Gavin Kennedy (1940-2019) a world expert on Adam Smith

Dhanjoo Ghista
I very much like this work: A Research Proposal For The Formalization Of The Science Of SORAnomics And The Establishment Of A Social Resource Allocation System.

Prof. Dhanjoo Ghista (University 2020 Foundation president)