coec:commons_economy

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coec:commons_economy [2025/11/08 09:36] – simoncoec:commons_economy [2025/11/08 11:05] (current) – simon
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 +*Part of [Commons Economy & Exchange](cats:ctee)*
 +
 # Commons Economy # Commons Economy
  
-![imagealt](https://www.lowimpact.org/wp-content/uploads/low-impact-economy-main.jpg)+![Commons Economy collage](https://www.lowimpact.org/wp-content/uploads/low-impact-economy-main.jpg)
  
 > "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete." - Buckminster Fuller > "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete." - Buckminster Fuller
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 According to the [International Reciprocal Trade Association](https://www.irta.com/), around $12-14 billion worth of trade happens annually via mutual credit between participating businesses in their global network. There are similar networks in [Sardinia](https://www.sardexpay.net/) and [Kenya](https://www.lowimpact.org/posts/how-chamas-mutual-credit-changing-africa/). According to the [International Reciprocal Trade Association](https://www.irta.com/), around $12-14 billion worth of trade happens annually via mutual credit between participating businesses in their global network. There are similar networks in [Sardinia](https://www.sardexpay.net/) and [Kenya](https://www.lowimpact.org/posts/how-chamas-mutual-credit-changing-africa/).
  
-<WRAP center box 70%>+<WRAP center box 60%>
 <figure> <figure>
 ![explaining the commons economy](https://lowimpactorg.onyx-sites.io/wp-content/uploads/commons-economy-stroud.jpg) ![explaining the commons economy](https://lowimpactorg.onyx-sites.io/wp-content/uploads/commons-economy-stroud.jpg)
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 </WRAP> </WRAP>
  
-## What are the benefits of the commons +## What are the benefits of the commons economy?
-  +
-economy?+
  
 ### Personal ### Personal
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-#### Decentralising power away from corporations+### Decentralising power away from corporations
  
 Once assets are in the commons, they’re never sold again, so that wealth stays in communities, rather than being extracted by corporations and concentrated. Mutual credit is the exchange system for the commons economy - it’s accounting for who’s done what for whom, rather than money (which is what’s actually extracted from communities). Once assets are in the commons, they’re never sold again, so that wealth stays in communities, rather than being extracted by corporations and concentrated. Mutual credit is the exchange system for the commons economy - it’s accounting for who’s done what for whom, rather than money (which is what’s actually extracted from communities).
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