

The Ownership Economy
The Ownership Economy
Welcome to the Ownership Economy podcast, the podcast that explores the people and ideas that are utilizing technology, economics, and the law to reimagine how the economy can work for everyone. Here we connect with the entrepreneurs, investors, thought-leaders, academics, and politicians that are constructing a better economy, one based on broad-based ownership and democratic governance. Hosted by Martin Smith and Jahed Momand, two investors and operators that aim to use this platform to showcase the people and ideas that will shape more inclusive economies.
Episodes
Mentioned books

Feb 25, 2022 • 54min
Episode 004 - DAOs vs. Cooperatives: An Exploration of Legal, Economic, and Financing Strategies with Jason Wiener
In this episode, Martin & Jahed sit down with Jason Wiener, an attorney at Jason Wiener p.c. He is a social entrepreneur, advisor and a long time board member to renowned digital platform cooperatives, including Stocksy United. In the conversation, Jason discusses the history of the cooperative movement and how this traditional structure can inform new organizational designs such as Decentralized Autonomous Organizations (DAOs). In so doing, this episode provides entrepreneurs and investors with insight into the technical and legal innovations, opportunities, risks and limits of these new organizational designs.
Here are the show notes:
Jason Wiener Firm
The Main Street Phoenix Project
What Can 'Decentralised Autonomous Organisations' (DAOs) and Platform Cooperatives Learn from Each Other?
Wyoming DAO Law

Feb 18, 2022 • 1h 4min
Episode 003 - Actually Existing DeFi Banking Solutions for the Unbanked, with Jordi Riulas of EthicHub
In this episode, Martin & Jahed sit down with Jordi Riulas, angel investor, entrepreneur, and board member at EthicHub. In the conversation, Jordi covers how EthicHub's DeFi platform is leading the regenerative finance movement by helping investors provide loans to unbanked coffee cooperatives in Mexico, creating a circular economy for their products in the EU and the US, and turning over ownership and governance to the farmers themselves with the Ethix platform token. It's a fascinating case study in co-designing products with communities, learning and iterating, and picking objectives that benefit not only your company, but the community that contributes value to it over the long term.Here are the show notes:
Regenerative Finance Movement
Applied Regenerative Economics
The Regenerative Finance DAO
EthicHub
Buy coffee on EthicHub direct from coffee cooperatives in Chiapas
Jordi Riulas on Instagram and LinkedIn
Not-fit-for-purpose: multi-stakeholder initiatives and the pathway forward
Climate Change And The Circular Economy

Feb 9, 2022 • 1h 10min
Episode 002 - Democratizing Ownership and Governance via Exit to Community with Pia Mancini
In this episode, Martin & Jahed sit down with Pia Mancini, co-founder and CEO of Open Collective. In the conversation, we explore Pia's early work broadening access to democratic governance and starting a digital-first political party in Argentina, borderless democracy, commons-based projects, and the future of Open Collective as a community-owned project as it explores Nathan Schneider and co-authors vision for exit-to-community.
Here are the show notes:
Pathways for Open Collective’s “Exit to Community”
Early musings on "Exit to Community" for Open Collective
How to upgrade democracy for the Internet era (TED Talk)
Exit to Community: A Primer
Steward Ownership

Feb 9, 2022 • 1h 2min
Episode 001 - Cryptoeconomics, Economic Democracy, and Networked Governance in Web3 with Nathan Schneider
In this episode, Martin & Jahed sit down with Nathan Schneider, Assistant Professor of Media Studies at UC-Boulder, the co-author of Exit to Community, and principal invesigator of the Metagovernance Project. In the conversation, we cover the history of the cooperative movement, what DAOs and cooperatives can learn from each other, the perils of digital governance design, and the future of community-based democratic governance.
Here are the show notes:
Beyond Cryptoeconomics: Platform Cooperativism and the Future of Blockchain Governance
Article on a democratic counterpart to venture capital for financing, and a software stack that supports creative democratic governance
Cryptoeconomics as a limitation of governance
Cryptoeconomics is fundamentally about the use of economic incentives together with cryptography to design and secure different kinds of systems and applications.” - Buterin 2018
A Pre-History of DAOs by Kei Kreutler
DAOs are the natural evolution of organizational forms after tribes, institutions, markets, and networks.
A Preface to Economic Democracy by Robert Dahl
A functional political economic liberal democracy might require economic democracy and other mechanism designs
Markets in the Name of Socialism: The left-wing origins of neoliberalism by Johanna Bockman (George Mason)
How functional markets require competition, and what market socialism organizational forms can teach us about current democratic forms