Fintech innovations are rapidly disrupting the old financial capitalist mode of resource allocation with the birth of a new economic system I term “Ecalism.” (Electronic coordination of allocation). Ecalism is characterized by a highly interconnected digital world combined with FinTech apps and platforms enabling easy of asset transfer. Enterprises have developed E-Commerce sites enabling consumers to purchase relatively easily online and online job matching and recruiting has transformed the labour market. Social media has radically disrupted and reshaped market and advertising. However, the FinTech revolution with the disintermediation between investors, producers and consumers and the nascent spread of digital alternative exchange mechanisms (Crowd funding and digital alternative currencies) is the final transition stage ushering in the new economic system. Ecalism fuses disparate individuals across global borders together with resources and new forms of alternative digital value exchange mechanisms combined with social value and social benefit measurements. Ecalism optimizes investment, production, service delivery and consumption decisions underpinned by the highly interconnected relationship of “the Internet of Things.” Efficiency can be achieved, but not necessarily at the expense of merely driving down wages or costs for those with the least bargaining power. Exogenous externalities not typically priced into models by financial capitalists are embedded into the collective collaborative decision matrix underpinning Ecalism, as a superior mode of allocation. This is in stark contrast to the outdated financial capitalist mode of resource allocation and production where only those enterprises and governments with access to capital from the small select group of gatekeeper financiers are able to invest in ventures where there is an expectation of a high probability and quick return on investment. These same financiers typically dictate the terms of negotiation to their own financial benefit, rather than the collective whole of all parties involved in the transaction. FinTech solutions are therefore redefining the future economic system, as a solution to the observed excessive power and influence these financial gatekeepers currently exert over investment, private production and service delivery, public goods and services, exogenous externalities and end consumption.