List of Draft Terms for ABC of Commons Economics

Suggestions by Poor Richard

suggested commons economic terms:

subsidiarity In my opinion this may be the single most important concept in modern society. definition: “Subsidiarity is an organising principle of decentralisation, stating that a matter ought to be handled by the smallest, lowest, or least centralised authority capable of addressing that matter effectively. The Oxford English Dictionary defines subsidiarity as the idea that a central authority should have a subsidiary function, performing only those tasks which cannot be performed effectively at a more immediate or local level. The concept is applicable in the fields of government, political science, cybernetics, management, military, and, … In political theory, subsidiarity is sometimes viewed as a principle entailed by the idea of federalism.” en.wikipedia.org/wiki/Subsidiarity

conditional ownership definition: almanac2010.wordpress.com/2011/04/22/all-ownership-is-conditional/

equity (in finance and in law) definitions: en.wikipedia.org/wiki/Equity

more terms:

commonwealth absentee ownership doctrine of laches doctrine of perpetuity community land trust community property joint tenancy tenancy in common conservation easement public easement public interest beneficial interest deed restriction covenant co-housing condominium

The list of commons economic terms in the original article has a very notable omission:

cooperative

I suggest that we avoid coining new words, phrases and jargon for terms that already exist and have reasonably well understood meanings in the public mind.