Notices by Commons Network (commonsnetwork@todon.nl)

🤝 What if the economy belonged to all of us?

In the beginning of this year we launched our 2nd explainer about cooperative movements. It is worth to read it again! we dive into cooperatives and why they're key to a community economy. When people share ownership of a business, homes, solar panels, or a shared car, they also gain ownership of a piece of the local economy. That's how an economy gets wider support. That's how communities grow stronger.

📄 https://sl1nk.com/7k39hak

A new narrative for red-green politics is needed: one which highlights that the green transition is about democratising the economy and reclaiming our productive capacities. ❤️🔥

In the last week of September, our colleagues Sophie Bloemen and Diane Golenvaux spoke with @jasonhickel on what we need to create an economy that meets social-ecological needs.

👉 These are our main takeaways of our conversation:
i) We need to build a core social economy & economy of care; this implies growing public provision and decommodifying essential goods and services.
ii) Other production can occur in the market economy, rather than just capitalist firms. Cooperatives, steward ownership, and other post-capitalist modes of organising would benefit economic democracy and distribution, and the respect of ecological limits.
ii) We can redirect finance: credit guidance could direct private finance to invest less in harmful enterprise and more in useful production, and public finance could be grown to invest in sectors that are not necessarily profitable yet essential.

🔗 Read more on #postgrowth narratives here: https://www.commonsnetwork.org/2024/10/17/discussing-a-postgrowth-economy-with-jason-hickel/