What people are saying...

  • This is a dangerous book—it could revolutionize capitalism. It’s also a conservative book—it could save capitalism from its own tragic flaws. Every thoughtful citizen should read it.

    Frances Moore Lappé, author, Diet for a Small Planet and Democracy’s Edge

Building the Commons Sector

In this chapter I describe some of the models we’ll want to replicate and refine. I start locally and move upward. My aim is twofold: first, to celebrate seeds that are already sprouting, and second, to suggest how, taken together and multiplied, these seeds can grow into a sector powerful enough to balance the corporate sector.

Municipal wi-fi

The Internet is the sidewalk of the twenty-first century, so it’s not surprising that cities are starting to build high-speed wireless networks the way they once built streets. Many operate wireless “hot zones” that offer free access over dozens of blocks. In San Francisco and New Orleans, free access may even be citywide. Other cities, like Philadelphia, are rolling out low-cost service citywide.

Air trusts

While the federal government dallies on climate change, several states are taking action. Most advanced is the Regional Greenhouse Gas Initiative, launched by seven northeastern states from Maine to Delaware. Their plan will limit carbon dioxide emissions from power plants and require utilities to hold emission permits.

An American Permanent Fund

An American Permanent Fund would be the centerpiece of the new commons sector proposed in this book. It’s a way to fix, or at least ameliorate, capitalism’s flaw of concentrating private property among the top 5 percent of the population. It would do this, like the Alaska Permanent Fund, by distributing income from common property to every citizen equally. This would add a third set of “pipes” through which income would flow to Americans, the first two being wages and private property income.

A spectrum trust

A spectrum or airwaves trust would have a distinct mission: to reduce the influence of corporations on our democracy. Broadcasters would pay for their licenses, which they now receive free, with revenue going to a nonpartisan trust. That trust would allocate funds to political candidates for the purchase of TV and radio ads.

A global carbon trust

With a global carbon trust, national governments would recognize that, just as they can delegate internal trusteeship duties to trusts, so should they delegate global trusteeship duties. The alternative is paralysis in the face of clear and present danger.

A global carbon trust would be governed by a smallish board of trustees and a general membership consisting of all signatory nations. Once trustees are appointed, their loyalty would shift from individual nations or regions to future generations. This is critical.

The trustees would decide, based on peer-reviewed scientific evidence, where to set yearly global caps on carbon emissions. Each year, they’d issue tradeable carbon emission permits up to that year’s limit. They would make decisions by majority vote, with no vetoes.