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Understanding Commons Based Economy, an Axiomatic Approach

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dc.contributor.author van Beele, Jeroen J.
dc.date.accessioned 2015-12-07T18:49:45Z
dc.date.available 2015-12-07T18:49:45Z
dc.date.issued 2015 en_US
dc.identifier.uri https://hdl.handle.net/10535/9977
dc.description.abstract "We use a simple framework consisting of the concepts resources, labour, goals and planning to study economy. We use three axioms to derive, using this framework, a description of a utopian economy, summarised by the aforism: 'I do what I can and I take what I need'. We use this utopian model to understand real life economies: the utopian model is utopian in that it presupposes complete trust, hence our statement is that all economic activity has to deal in some way with the presence or absense of trust. From this perspective an economy can share, ie it's participants can declare as commons, some or all of the 4 constituents of the framework. A link with the concept of resource based economy, as proposed by Peter Joseph, is also provided. We show how in the utopian setting transaction costs are banished thus rendering the sharing economy a sustainable alternative to the current competition model. From the framework we derive that share is the opposite of swap (in contrast to current popular understanding). We use this framework to understand how current intiatives, currently developing in relative isolation, can melt together. From this framework we also identify missing links: sharing goods and labour are becoming common practise but sharing goals and planning (ie coordination) are still lacking. Also a description of the money of the future is derived based on a distinction between information and value." en_US
dc.language English en_US
dc.subject commons en_US
dc.title Understanding Commons Based Economy, an Axiomatic Approach en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.type.methodology Theory en_US
dc.subject.sector Theory en_US
dc.identifier.citationconference The City as a Commons: Reconceiving Urban Space, Common Goods and City Governance, 1st Thematic IASC Conference on Urban Commons en_US
dc.identifier.citationconfdates November 6-7 en_US
dc.identifier.citationconfloc Bologna, Italy en_US

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