GreenPill Season 4 - Ep. 20 - Grassroots Economics W/ Will Ruddick
9 snips
May 30, 2024 
Grassroots Economics expert Will Ruddick discusses commitment pooling, on-chain capital allocation, and the visualization of decentralized exchanges. The podcast explores the practical application of grassroots economics, community empowerment through field guides, and the tokenized future economies. It emphasizes the transformative power of grassroots economics in revitalizing communities and networks.
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Reviving Communal Resource Coordination
- Grassroots Economics revives pre-monetary communal resource coordination as a modern system.
- The approach treats local commitments as assets that can be coordinated at scale via protocols.
Value As Public Commitments
- Commitment pooling frames value as public expressions of intention and reciprocal offers.
- Pools act as vessels that hold offers and enable flow between community commitments.
Commons Of Commitment Existed Everywhere
- Ancient rotational labor and communal systems functioned as economic commons of commitment.
- These non-tangible commons followed rules similar to Ostrom's principles for managing shared resources.