{"id":363653,"date":"2018-06-01T08:32:37","date_gmt":"2018-06-01T07:32:37","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/the-uncommon-commons-dissident-voice\/"},"modified":"2018-06-01T08:32:37","modified_gmt":"2018-06-01T07:32:37","slug":"the-uncommon-commons-dissident-voice","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/the-uncommon-commons-dissident-voice\/","title":{"rendered":"The Uncommon Commons | Dissident Voice"},"content":{"rendered":"<div>\n<p>Peter Barnes<sup><\/sup> co-founder, president, or a director of various socially responsible businesses, wants \u201ccapitalism 3.0\u201d to replace \u201ccapitalism 2.0,\u201d the existing economic \u201coperating system.\u201d He complains that corporations, with no resistance from \u201cour\u201d government, are privatizing the commons, profiting from it and externalizing the costs.<\/p>\n<p>He defines \u201cthe commons\u201d as assets we all share by inheriting or creating them together and subdivides them into three sectors, nature, community, and culture. Together they represent our \u201ccommon wealth\u201d (a most insightful concept), in contrast to our \u201cprivate wealth,\u201d the latter representing all the property we inherit or accumulate individually. Private wealth collectively in the U.S. was estimated to be around $48.5 trillion in 2005. What do you think our total American common wealth is? Economists can\u2019t begin to estimate it in its entirety, but what they can estimate, Barnes tells us, comes to about $70 trillion. Is it any wonder then why, as Barnes asks, corporations on the one hand take valuable stuff \u201cworth trillions of dollars\u201d from the commons for short-term profit and on the other hand dump bad stuff into nature\u2019s commons and pay nothing?<\/p>\n<p>His proposal relies heavily on the idea of property rights because our U.S. Constitution guarantees them, they shape economies, they produce value or wealth, and, most importantly, there\u2019s no requirement that they be concentrated in profit-maximizing&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/dissidentvoice.org\/2018\/05\/the-uncommon-commons\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peter Barnes co-founder, president, or a director of various socially responsible businesses, wants \u201ccapitalism 3.0\u201d to replace \u201ccapitalism 2.0,\u201d the existing economic \u201coperating system.\u201d He complains that corporations, with no resistance from \u201cour\u201d government, are privatizing the commons, profiting from it and externalizing the costs. He defines \u201cthe commons\u201d as assets we all share by [&hellip;]<\/p>\n","protected":false},"author":2525,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-363653","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/363653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/2525"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=363653"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/363653\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=363653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=363653"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=363653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}