Universal Commons Project

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= "seeks to protect and enhance the Earth’s bounty of social and natural resources, which we call Social and Natural Capital (S&N Capital) ... by internalising them into commercial decision making". [1]

URL = https://www.universalcommons.com/

Description

"The Universal Commons Project seeks to protect and enhance the Earth’s bounty of social and natural resources, which we call Social and Natural Capital (S&N Capital), including things like health, literacy, trust, clean water and biodiversity, by internalising them into commercial decision making. It will also build a mechanism whereby every living person can share in and benefit from the commons composed of this S&N Capital. The Universal Commons will fix our economy by ensuring that profit and genuine value become one and the same.

How it will be done: The first step in fixing the fundamental flaw in economics is to create a framework to measure movements in social and natural capital so they can be quantified alongside movements in financial capital. This social and natural capital will then be listed on a specialised market enabling them to be tracked and traded, so businesses that improve social and natural capital can be rewarded for their efforts, and those that degrade it can be held accountable. Finally, the Universal Commons will give every living human a share in the sum total of all social and natural capital, and will return a dividend to them whenever it is used or improved." (https://www.universalcommons.com/theuniversalcommonsproject)