Distributive Economics: Difference between revisions
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Distributive Economics is an economic paradigm which promotes the equitable distribution of wealth through a combination of open design (of products, processes, services, and other economically significant information) and [[Open Business Models]]. | Distributive Economics is an economic paradigm which promotes the equitable distribution of wealth through a combination of open design (of products, processes, services, and other economically significant information), [[Flexible Fabrication]] and [[Open Business Models]]. | ||
Distributive economics have several requirements: | Distributive economics have several requirements: | ||
#Appropriate scale - | #Appropriate scale - in, his seminal book, [[Small is Beautiful]], E. F. Schumacher discussed that the most holistically-efficient economic processes occur not on the global scale, but on the regional and community scale. Schumacher's viewpoint, while generally accepted as true, is not widely practiced today. | ||
#Flexible fabrication - maximum distribution of the fruits of production occurs via [[Flexible Fabrication]] | #Flexible fabrication - maximum distribution of the fruits of production occurs via [[Flexible Fabrication]] | ||
#Free enterprise - this means truly free enterprise where the playing field is leveled by open access to best-practice information (optimized product design, optimized production process design, and other economic analysis). This is the opposite of monopoly capitalism enforced by welfare-state [http://en.wikipedia.org/wiki/Keynesian_economics Keynesian economics] | #Free enterprise - this means truly free enterprise where the playing field is leveled by open access to best-practice information (optimized product design, optimized production process design, and other economic analysis). This is the opposite of monopoly capitalism enforced by welfare-state [http://en.wikipedia.org/wiki/Keynesian_economics Keynesian economics] | ||
Revision as of 01:27, 9 February 2011
Distributive Economics is an economic paradigm which promotes the equitable distribution of wealth through a combination of open design (of products, processes, services, and other economically significant information), Flexible Fabrication and Open Business Models.
Distributive economics have several requirements:
- Appropriate scale - in, his seminal book, Small is Beautiful, E. F. Schumacher discussed that the most holistically-efficient economic processes occur not on the global scale, but on the regional and community scale. Schumacher's viewpoint, while generally accepted as true, is not widely practiced today.
- Flexible fabrication - maximum distribution of the fruits of production occurs via Flexible Fabrication
- Free enterprise - this means truly free enterprise where the playing field is leveled by open access to best-practice information (optimized product design, optimized production process design, and other economic analysis). This is the opposite of monopoly capitalism enforced by welfare-state Keynesian economics
- Responsibility - accountability of communities for creating complete local economies implies autonomy on a local scale, while providing positive feedback loops for social and environmental responsibility. The intervening role of the welfare state is diminished as the people in take responsibility for their own well-being within their own communities.
- Why are distributive economics important?