THE COMMONS SOCIETY – Enlivening & Resourcing Communities & Nature
The Commons Society is a regenerative architecture of ownership, finance and distribution, which at scale generates a stable, sustainable, fairer economy without government intervention or change in the rules of exchange. Its whole-system, game-changing synergetic structure generates Common Wealth out of the dysfunction of the capitalist market and bestows sovereignty on its communities by changing the rules of the economic game from within.
The Commons Society ownership design limits the degree to which capital can accumulatie and concentrate in one single place. This is firstly because wealth, as it is created, is spent in ways that create virtuous circules of transformation. It is also because the organisational units (eg companies) are not traded within the Commons Society which means the biggest and richest cannot simply buy smaller competitors.
Surplus wealth created by corporations is traditionally distributed to share holders. In the Commons Society the dividends are paid to the Commons Society which then distributes them according to the rules of its governance. 10% is retained for administration then 30% is paid back to the co-workers that made the surplus, 30% is re-invested in the economy of the Commons Society, and finally 30% is spent the civil aspects of the Commons Society, eg health, education, conservation and the arts.
In this way the Commons Capital is used to drive three virtuous circles of positive social transformation.
Because the surplus from the corporations is being shared into the Commons Society for the benefit of all the consequence of every co-workers activity is positive for everyone. This means that whatever the task being done, each person’s success is not just good for them, but it is good for all. The Commons Society is a community of endeavour where all work is meaningful and there is shared purpose.
This film is about one of the founding projects of the Elysia Commons Society that demonstrates our values and capabilities. It was made by the Community Shares Unit and explains about how the Stockwood Community Benefit Society that put a rural business park and 150 acre organic farm into trust in a £2.6 million deal (www.stockwoodcbs.org).
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