Appendix (Capitalism 3.0: A Guide to Reclaiming the Commons (e-book))
From The Encyclopedia of Earth
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Capitalism 3.0: Appendix
September 28, 2007, 8:10 pm
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Key Features of Corporate, State, and Commons Sectors | |||
| Corporations | State | Commons | |
| Key functions |
making things; seeking short-term profit |
Defining, assigning, balancing rights |
Sharing gifts and preserving them for future generations |
| Key institutions |
Corporations; labor unions |
Legislature, Executive, Judiciary |
Ecosystem trusts, permanent funds, open access commons, intergenerational pacts, community commons |
| Key human actors |
Directors |
Politicians |
Trustees |
| Accountable to |
Share owners |
Voters (donors) |
Future generations, living citizens equally, nonhuman species, communities |
| Algorithms | Maximize profit; distribute earnings to existing shareholders | Win most votes (raise most money) |
Preserve asset; live off income, not principle; the more beneficiaries the better |
| Time horizon |
Next quarter |
Next election |
Next generation |
| Ownership regime |
One dollar, one share |
One person, one vote (one dollar, one vote) |
One person, one share |
| Transferable ownership |
Yes |
Voting rights: No Property: Yes |
Beneficial rights: No Usage rights: Yes |
| From each according to... To each according to... |
Voluntary Purchases Share ownership |
Taxes Political Power |
Voluntary usage Equal ownership |
| Items in parentheses are de facto, not written in law. | |||
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Glossary
Citation
Barnes, P. (2007). Capitalism 3.0: Appendix. Retrieved from http://editors.eol.org/eoearth/wiki/Appendix_(Capitalism_3.0:_A_Guide_to_Reclaiming_the_Commons_(e-book))
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