Economics, The Commons

The Commons and Integral Capital

“The global economic crash is very big news. But what the media
headlines and reports do not mention is how deeply this crisis is rooted
in our history. During the past several centuries, businesses and
government have become enmeshed in a single system. State capitalism now
exists in virtually every sovereign nation. These Market States
distribute the benefits of a decent quality of life, rule of law and
political security to their people—a great advance on pre-modern
economies where most land and resources were held in common under
fragile political conditions. Yet it is increasingly clear that, as a
model for social transformation, the Market State rests on crumbling
foundations. Our traditional commons still have much to teach us.”

This article can be found in the Spring|Summer 2009 issue of Kosmos Journal, or you may download the PDF here.