Currently there is no automatic mechanism within the market to protect and build the commons, nor any institution that exists to do so. The commons can be understood as the foundational human, social and natural value that supports life and determines the degree to which communities and individuals can be free to flourish- free to
Ethical solutions and social enterprise are a necessary but insufficient basis for systemic economic change. Words like ‘systemic,’ are not easily comprehended from within our mechanistic culture.
A local Commons Equity Society creates a domestic economy in which everyone involved is personally invested – whatever their role. Sharing surplus profit in the right way creates transformative virtuous circles of motivation, investment and capability through a whole new level of civil society funding. Imagine a town called Wellbeing where… community wellbeing thrives. Its
THE PROBLEM WE ARE ADDRESSING An economic system that has been described as "unstable, unsustainable, unfair and unhappy" (i) OUR PROJECT The Commons Equity Society is a new model of company ownership, finance and distribution that addresses each of the above dysfunctions. It is a re-imagination of the mutual ownership tradition of Great Britain. We
What if every year your community won the lottery and there was a big new pot of money to spend on people, buildings, land and nature – in fact on anything that would improve life for you and your community? Imagine every year, everyone had a vote to decide on what this money should be
It’s a once-in-a-generation opportunity: Selling to employees can yield a better price, preserve a legacy, keep jobs and profits local—and maybe even eradicate inequality. Thus is one way that a Commons Equity Society can grow. Rob Brown posted Nov 13, 2015 reposted from YES magazine http://www.yesmagazine.org/ This article is part of New Economy Week, a collaboration
Imagine if you were part of a community that had almost unlimited resources to invest in community assets, people and nature Imagine new kinds of businesses and ‘banks’ being the heroes of society because of the real wealth and wellbeing they create for everyone! Imagine businesses being so much part of the community that customers
Regenerative ownership re-balances the benefits of ownership between you, me and us in an equitable way by replenishing human and natural capital and reconnecting wealth creation with the common good. Rather than focusing on individual companies or the ethical largesse of individuals for a solution to the systemic financial and economic issues we face, this
What if we were able to transform the landscape of capitalism without undermining enterprise and private ownership? What if we were able to mutualize the market rather than individual companies? What if we had automatic mechanisms in place that could manage surplus in a way that replenishes human and natural capital and manages shared wealth
WHAT’S THE PROBLEM? Wealth Creation has become disconnected from wellbeing and the common good. The existing economic model is increasingly degrading the human and natural capital that we depend upon and is consequently becoming dysfunctional, dehumanized and unsustainable. Markets have no systemic mechanism for replenishing the value extracted from people, place or planet.