WIll Ruddick on 'Commitment Pooling' to Build Economic Commons
Frontiers of Commoning, with David Bollier
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Rediscovering Traditional Practices in Economic Commons
The chapter delves into the revival of ancient economic systems and traditional knowledge, advocating for the importance of growing resources over relying solely on monetary transactions. It explores the organizing principles of economic commons rooted in caring for people and the environment, fairness, reciprocity, non-dominance, and resilience, emphasizing the need for collaborative, sustainable exchange systems. The discussion extends to creating socially embedded currency systems, where moguls become liquidity investors curating assets for community exchange, fostering community engagement and preventing exploitation.
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