Ubuntu Economic Commons

Proposal
Small farms produce one-third of the world’s food1.  Among major barriers to the transition and adoption of ecological farming practices is the access to financial capital and incentives. Small farm and communities alike are faced with bureaucratic hurdles and formal banks are usually less inclined to lend to small farms. In order to facilitate the adoption of symbiotic and regenerative sustainable ecological farming practices and access to financial capital we propose an economy based on the philosophy of Ubuntu2 and an economic commons3 based on a decentralized autonomous organization (DAO)4.

 “A commons arises whenever a given community decides that it wishes to manage a resource in a collective manner, with a special regard for equitable access, use and sustainability. It is a social form that has long lived in the shadows of our market culture, but which is now on the rise.” —David Bollier

This economic commons model we propose is called the Ubuntu Economic Commons. We propose this model as a DAO implementation as an open association of people and organizations, where mutually defined Instruments are utilized by (General Members) who jointly oversee active stewards (Service Providers) subject to passive custodians (Guardians) with protective governance rights of arbitration and final veto as defined in the Ubuntu Economic Commons Agreement (UBECA).

To facilitate access and participation in digital infrastructures that economically empower small farms and communities to achieve economic freedom in their transition towards human-scaled sustainable regenerative farming practices we have created the Ubuntu EcoCoin.

1 Lowder, S. K., Sánchez, M. V., & Bertini, R. (2021). Which farms feed the world and has farmland become more concentrated?. World Development, 142, 105455.
2 Overview of Ubuntu

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy