Paperback First edition published in 2012 by Berrett-Koehler. White card covers with black title on spine and front cover. Slight wear to extremities of spine and covers. Clean with no inscriptions and tightly bound.
All of the current attempts to address the economic collapse are overlooking an essential factor: ownership. So long as businesses are set up to focus exclusively on maximizing monetary returns per quarter for a narrow group of individuals the economy will be subject to crippling boom-and-bust cycles. But now people are experimenting with new forms of enterprise ownership - we are in the midst of the most creative period of economic innovation since the dawn of the Industrial Revolution. Marjorie Kelly calls these new forms generative: life-serving, aimed at creating the conditions for life for many generations to come. They are in contrast to the dominant ownership designs of today, which can be called extractive: aimed at extracting maximum short-term financial wealth. Kelly reports on emerging ownership alternatives fro all over the world, visiting a community-owned wind facility in Massachusetts, a lobster cooperative in Maine, the employee-owned John Lewis Partnership in the UK, foundation-owned Novo Nordisk in Denmark, a farmer-owned dairy in Wisconsin, and other places where an economy that works for all is being built. This is not a moment for old solutions and tired approaches. As we enter a new era of limits, alternative ownership designs can help it become a new era of fairness, sustainability, and community.