I will certainly come back with more excerpts and discussion on this important essay by James Quilligan in Kosmos Journal, entitled The Commons and Integral Capital.

The full pdf version is here.

Abstract:

“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.”