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Truth is Powerful

Beyond Capitalism: Owning Our Economy, Owning Our Future

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DETAIL OF “CROSS SECTION OF THE AFRO PUFF” BY KOMI OLAFIMIHAN/ WWW.KOMIOLAF.COM Click here to download this article as it appears in the magazine, with accompanying artwork.

Editors’ note: This article is from the Summer 2022 issue of the Nonprofit Quarterly , “Owning Our Economy, Owning Our Future. ”

What does ownership mean, and how can it be structured to design a more democratic economy? It is common to think of ownership as being about possession: it’s yours, or it’s mine—or perhaps, if we are thinking as a group, it’s ours. But it is much more than that. Ownership is a bundle of rights—social, individual, and collective—which means its boundaries and intersections vary from place to place. 1

Today, a growing number of people are questioning how those ownership rights are defined and distributed. These days, in the world of work in the United States, there is talk of a Great Resignation; 2 but this can also be thought of in other ways—as a great awakening, a great rebellion, a great recalibration. 3 Beyond the workplace, communities are designing entirely new ecosystems of institutions—reclaiming ownership of their identities, cultures, land, and businesses.

Discussion of systems change has also rarely been more […]

Click here to view original web page at nonprofitquarterly.org

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