Clearing the FOG on Moving from the Market State to a Commons-Based Economy with James Quilligan

We spoke with James Quilligan, who is presently Managing Director of the Centre for Global Negotiations and Chairman for the Secretariat of Global Commons Trust, which develops innovative means of restoring value—beyond business and government—through people’s social, cultural, intellectual, genetic and natural resource commons. He wrote an in-depth series of articles for Kosmos Journal about the transformation from what he calls the Market State to a Commons-based Economy. In the Market State, all resources, goods and services are monetized and privatized so that they are controlled by a few and kept away from some of the public, and the economy is based on debt. In the Commons-Based Economy, the commons which also includes genes, culture and knowledge, the economy is based on credit and on a trust that manages the resources in a way that is sustainable and regenerative. People have more control over the economy as well. For more information, visit ClearingtheFOGRadio.org.