Version 3.2

Co-capitalism: Degrowth within Capitalism

Attaining a sustainable future by making free markets work for the people and the environment

Co-capitalism is defined as collective, cooperative, and co-owned capitalism. It’s the economic system that uses free markets to give society ownership of the means of production. The tool for achieving this is the simple act of sharing, which is made possible through the development of Collective Ownership Companies (COCOs). Co-capitalism is a market economy that uses COCOs to shift market dynamics for achieving sustainable prosperity for all. It is capitalism run by people, not capital.
We have been stuck on a two-dimensional view of our socioeconomic system fluctuating between less state or more state, freer markets or more controlled markets. Having experienced all percentage combinations of the two extremes, in order to unveil a new reality, humanity needs first to claim direct ownership of the means of production. Capitalism allows private entities to own the means of production and communism dictates that the state should be the only owner. They both do so in the name of people; but none of the two, actually, does it well.

Info

Day: 2023-08-31
Start time: 12:00
Duration: 00:30
Room: ZV-KC-1
Type: Non-academic Session
Theme: Alternative economies

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