Now here is an improbable idea:  an activist hedge fund.  Out of Tampere, Finland, comes the Robin Hood Asset Management Coop, which legally speaking, is an investment cooperative.  It is designed to skim the cream off of frothy investments in the stock market to help support commoners.  As the website for the coop describe it:

We use financial technologies to democratize finance, expand financial inclusion and generate new economic space.  Robin Hood’s proposition is no different than it was 600 years ago in Sherwood:  arbitrage the routes of wealth and distribute the loot as shared resources.  Today we just use different methods to achieve the same:  we analyze big data, write algorithms, deploy web-based technologies and engineer financial instruments to create and distribute surplus profits for all.  Why?  Simply, we believe a more equitable world is a better one.  

The Robin Hood Coop currently has 808 members from some 15 countries, and manages about 651,000 euros in various stock market investments.  Started in June 2012, the coop has generated over 100,000 euros for its members and to its common pool, which is used to support commons projects.  Robin Hood reports that in its first year, it had “the third most profitable rate of return in the world of all the hedge funds.” 

Anyone can join the coop for a 30€ membership fee, which entitles members to invest a minimum of 30€.  Members can then choose eight different options for splitting any profits (after costs) among their own accounts, Robin Hood Projects and the general Robin Hood Fund.  Most members choose a simple 50-50 split of profits to themselves and Robin Hood Projects.  For the past two full years of its operations, the project has been profitable. (As of November 19, however, net asset value was down 6.38%.)  Robin Hood says that its operating costs are quite low compared to normal asset management services provided by banks.

The enterprise is driven by Robin Hood’s “dynamic data-mining algorithm,” which it calls “Parasite,” because it tracks actual transactions in US stock markets and mimics the best market actors.  The coop’s website explains:  “The parasite listens to the feed of the NYSE, watching for traders and what they trade. Then it competency ranks traders, identifying ones that are constantly making money on specific stocks. When it sees that a consensus is forming among such competent traders, it follows.”   Robin Hood appears to be out-performing many leading hedge funds and reaping impressive returns, and it provides a modest but welcome source of income for some commons projects.

Patterns of Commoning is Now Published!

After two years of working with more than 50 contributors, Silke Helfrich and I are pleased to announce that Patterns of Commoning is now available in both English and German editions.  The books have just arrived back from the printer and are available from our distributor Off the Common Books and Amazon (US). You can learn more about the anthology at its website.

Patterns of Commoning is arguably the most accessible and broad-ranging survey of contemporary commons in print. It introduces readers to more than fifty notable commons from around the world and explores the inner dynamics of commoning with great sensitivity.

A primary goal of Patterns of Commoning is to show the great scope and vitality of commons initiatives around the world. There are chapters on alternative currencies and open source farm equipment, community forests and co-learning commons, theater commons and collaborative mapping, urban commons and dozens of others. Margaret Thatcher once championed neoliberal capitalism with the harsh ultimatum, “There IS no alternative!”  Patterns of Commoning shows in vivid detail that there are plenty of alternatives!

As editors, Silke and I are grateful that dozens of international activists, academics and project leaders agreed to share their deep knowledge about commoning learned from their particular commons. A special set of longer essays in the book probe the personal, social and spiritual dimensions of commoning among specific groups, such as Scottish fishermen, the Maori in New Zealand, and the shantydwellers movement in South Africa. Other essays explore the new political rationality of commoning through the lens of property rights in African farmland. Other pieces explore the metaphysics of the commons and the commons as a "pluriverse" of relational worldviews.  (Contents page here.

Patterns of Commoning is a companion volume to The Wealth of Commons anthology published in 2012 (the German version, Commons:  Für eine neue Politik jenseits von Markt und Staat).  Once again, we are grateful to the Heinrich Böll Foundation for its unwavering support, especially from Barbara Unmüssig, President of the Böll Foundation, and Heike Löschmann, the head of the Department of International Politics. 

We’re hoping the book will open up some new conversations and provoke greater media coverage of commoning. If you have any good ideas for promoting the book among Web communities, academics, activists, the press or ordinary citizens eager to learn about fresh alternatives, please let me know. I also invite you to use Facebook and Twitter to spread the word.  We’re recommending use of the hashtags #patternsofcommoning, #commoning or #4thecommons.

Le Temps des Communes, surely the largest festival of the commons ever, is about to get underway! The festival is not just a single event in a single place, but a series of more than 250 self-organized events to be held over the course of fifteen days in France, Belgium, Switzerland, Canada (Quebec) and several Francophone countries in west Africa. 

From October 5 to 18, there will be symposia, workshops, lectures and participatory events on all sorts of commons-related topics.  There will be events to showcase free and open source software, community gardens, participatory mapping projects, seed-sharing, open scientific knowledge, renewable energy co-operatives, land trusts and even a Creative Commons-licensed musical. The hundreds of festival events will help introduce the commons to the general public and demonstrate to current commoners just how large, diverse and exciting the world of collaborative provisioning truly is.

In Lyon, there will be a roundtable about making the city a commons.  In Brussels, there will be an Open Source Festival.  In Brest, a bike tour of shared gardens.  In Paris, nearly thirty different events are planned.

I wish that I could attend the “law and the commons” discussion that will feature Stefano Rodotà, the Italian law scholar, politician and human rights advocate who has pioneered new legal principles for the commons.  Paris will also host “A Day in the Commons” on Île-de-France, with workshop, a meal and planning for the future.

The Commons and EU Knowledge Policies

One of the great advantages of a commons analysis is its ability to deconstruct the prevailing myths of “intellectual property” as a wholly private “product” – and then to reconstruct it as knowledge and culture that lives and breathes only in a social context, among real people.  This opens up a new conversation about if and how property rights in knowledge should be granted in the first place.  It also renders any ownership claims about knowledge under copyrights and patents far more complicated -- and requires a fair consideration of how commons might actually be more productive substitutes or complements to traditional intellectual property rights.

After all, it is taxpayers who subsidize much of the R&D that goes into most new drugs, which are then claimed as proprietary and sold at exorbitant prices.  Musicians don’t create their songs out of thin air, but in a cultural context that first allows them to freely use inherited music and words from the public domain -- which future musicians must also have access to. Science can only advance by being able to build on the findings of earlier generations.  And so on.

The great virtue of a new report recently released by the Berlin-based Commons Network is its application of a commons lens to a wide range of European policies dealing with health, the environment, science, culture, and the Internet.  “The EU and the Commons:  A Commons Approach to European Knowledge Policy,” by Sophie Bloemen and David Hammerstein, takes on the EU’s rigid and highly traditional policy defense of intellectual property rights.  Bloemen and Hammerstein are Coordinators of the Berlin-based Commons Network, which published the report along with the Heinrich Böll Foundation.  (I played a role in its editing.)  The 39-page report can be downloaded here -- and an Executive Summary can be read here

“The EU and the Commons” describes how treating many types of knowledge as commons could not only promote greater access to knowledge and social justice, it could help European economies become more competitive. If EU policymakers could begin to recognize the generative capacities of knowledge commons, drug prices could be reduced and climate-friendly “green technologies” could be shared with other countries. “Net neutrality” could assure that startups with new ideas would not be stifled by giant companies, but could emerge. And scientific journals, instead of being locked behind paywalls and high subscription fees, could be made accessible to anyone.

When the state no longer enforces its own legal standards on human rights or ecological protection, often in deference to corporate partners, the logical response is to establish a commons-based alternative – a people’s tribunal. That’s what is now planned in the case of fracking and its implications for human rights.

The Permanent Peoples’ Tribunal (PPT) has scheduled a session in March 2017 to “consider whether sufficient evidence exists to indict certain named States on charges of failing adequately to respect the human rights of citizens as a result of permitting, and failing to adopt a precautionary approach to, hydraulic fracturing and other techniques of unconventional oil and gas extraction within their jurisdictions.”  The Tribunal is an internationally recognized public opinion tribunal functioning independently of state authorities and operating out of Rome. The Tribunal will hold a week of hearings in both the US and UK.

Governments take great pains to prevent their most sacrosanct policies from being questioned in courts of law.  Consider how the US Government short-circuited any significant court rulings about the NSA’s extensive secret surveillance of citizens, in violation of the Fifth Amendment.  It took Edward Snowden's revelations to force judicial review. 

We’ve been here before, of course. The lawless Vietnam War was a prime example. As a corrective to the state crimes committed in that instance, philosopher Bertrand Russell and Jean Paul Sartre organized the Vietnam War Crimes Tribunal in 1967 to hear evidence about violations of the citizen’s basic human rights. In that tradition, today’s PPT will assess the human rights implications of fracking.

Half the challenge is to rip the mask from the face. Now that has happened. After months of the Troika’s unrelenting, unrealistic demands on the Greek people, it has become clear what this conflict is really all about:  maintaining the supremacy of the neoliberal market/state alliance. The Greeks must be punished for wishing to explore serious alternatives. 

Creditors, having conveniently socialized their losses through taxpayer-funded bailouts, are now using their hammerlock on state power to keep the lid on neoliberal austerity. That’s their only plan:  their idée fixe. Democracy?  Political stability?  Social or humanitarian need? Secondary details. This negotiation is not about reviving the Greek economy, which has only worsened after five years of enforced fiscal austerity and credit-dependency (which is why it’s absurd to continue with the same policies). It's about which vision of the future shall prevail. 

Syriza, armed with a democratic mandate to reject further bailouts and austerity cuts, is locked in a fierce struggle pitting raw financial power and neoliberal policies against democratic sovereignty and a nascent vision of something better. We know who generally wins such struggles (e.g., Chile in 1973).  Will it be different this time?   

A lot rides on whether the Greek people, in the face of desperate circumstances, are willing to stand up to reclaim their self-determination or whether abject realities will simply force them to surrender and become a colony dependent on European creditors.

The Troika surely wants to send a strong cautionary message to the citizens of Spain, Portugal, Italy and other European countries with problematic finances. If that means imposing further unemployment, social disintegration and trauma on the Greeks, without offering a credible plan for the country’s economic revival, the Troika and its European backers are clearly willing to go there.

The Economist magazine captured this insane choice with a darkly humorous cover, “Acropolis Now.” Angela Merkel enters the “heart of darkness” of subduing the Greeks, only to discover the unanticipated costs.  “The horror, the horror.”

Better, Not More -- aka Buen Vivir

Here is an inspiring five-minute video about the quest for a new post-growth economic system.  "Better, Not More," was produced by Kontent Films for the Edge Funders Alliance, and was released last week at a conference in Baltimore. The video is a beautiful set of statements from activists around the world describing what they aspire to achieve, especially by way of commons.

The vocabularies and focus for the idea of "better, not more," obviously differ among people in one country to another. Buen vivir is the term that is more familiar to the peoples of Latin America, for example. But as the growth economy continues its assault on the planetary ecosystem, cultivating an ethic of sufficiency -- and developing the policies and politics to make that real -- is an urgent challenge.

All attention in Greece and global financial circles has been understandably focused on the new Greek Government’s fierce confrontation with its implacable European creditors. Less attention has been paid to the Government’s plans to help midwife a new post-capitalist order based on commons and peer production. 

A commons colleague, John Restakis, wrote about this possibility a week or so before the January 25 elections. Now, speaking to the Greek Parliament last week, the new Deputy Prime Minister Gianni Dragasakis explicitly stated that Greece will develop new sorts of bottom-up, commons-based, peer production models for meeting people’s needs.

Dr. Vasilis Kostakis, who works with the P2P Foundation’s P2P Lab based in Ioannina, Greece, has been following the situation in Greece closely.  Kostakis, a research fellow at the Ragnar Nurkse School of Innovation and Governance in Tallin, Estonia, writes:

Syriza seems to be adopting policies and reforming certain laws in a fashion that resembles the Partner State Approach practices, with regard to education, governance and R&D. To mention a few:  

· opening up the public data;

· making openly available the knowledge produced with tax-payers’ money;

· creating a collaborative environment for small-scale entrepreneurs and co-operatives while favoring initiatives based on open source technologies and practices;

· developing certain participatory processes (and strengthening the existing ones)  for citizen-engagement in policy-making;

· adopting open standards and patterns for public administration and education.

Creative Commons has just issued a report documenting usage patterns of its licenses.  It’s great to learn that the number of works using CC licenses has soared since this vital (and voluntary) workaround to copyright law was introduced twelve years ago, in 2003. 

According to a new report, the State of the Commons, recently released by Creative Commons, the licenses were used on an estimated 50 million works in 2006 and on 400 million works in 2010.  By 2014, that number had climbed to 882 million CC-licensed works.  Nine million websites now use CC licenses, including major sites like YouTube, Wikipedia, Flickr, Public Library of Science, Scribd and Jamendo.  The report includes a great series of infographics  that illustrate key findings. 

For any latecomers, CC licenses are a free set of public licenses that let copyright holders of books, films, websites, music, photography and other creative works choose to make their works legally shareable.  The licenses are necessary because copyright law makes no provisions for sharing beyond a vaguely defined set of “fair use” principles.  Copyright law is mostly about automatically locking up all works in a strict envelope of private property rights.  This makes it complicated and costly to let others legally share and re-use works.

The CC licenses were invented as a solution, just as Web 2.0 was getting going.  It has functioned as a vital element of infrastructure for building commons of knowledge and creativity.  It did this by providing a sound legal basis for sharing digital content, helping to leverage the power of network-driven sharing.

Tomorrow’s election in Greece could be a significant turning point in the fight against neoliberal austerity politics and an opportunity to inaugurate commons-based alternatives – from peer production to co-operatives to social economy innovations – with the support of the state. Needless to say, it is a complicated situation, not just the political and cultural dynamics within Greece, but the ambition of stepping off in new directions beyond those sanctioned by the European and global financial establishment. 

Fortunately, John Restakis provides some excellent and subtle insight into the Greek situation in a recent blog post on the Commons Transition website (which is worth visiting in its own right!).  John is past Executive Director of the BC Co-operative Association in Vancouver and  has spent many years in community organizing, adult and popular education, and co-op development.  He also lectures widely on the subject of globalization, regional development and alternative economics.

John’s piece is worth reading not just for its assessment of the Greek crisis, but also for the larger challenge of moving commons-based peer production and social alternatives into the mainstream.

Civil Power and the Path Forward for Greece

By John Restakis

With the prospect of a Syriza government, everyone is wondering what the future holds for Greece.  Whether disaster or deliverance, or just the normal chaos, it is hard to ignore the potential for game-changing repercussions from a Syriza government. On the street however, embittered by the failures of governments in the past to change a corrupt and dysfunctional political system, few people are expecting big things from Syriza. The feeling of popular cynicism and fatalism is palpable. How different will Syriza be?

One thing is certain. If Syriza does what it says, it will be forging a courageous and desperately needed path in Europe, not only in opposition to the austerity policies that are devastating the country, but to the neoliberal ideas, institutions, and capital interests that are their source and sustenance. For such a path to succeed, an entirely different view of economic development, of the role of the market, and of the relation between state and citizen is necessary.

It is in this context that the social economy has become an important aspect of Syriza’s plans for re-making the economy. Like other parties of both the right and left in Europe, Syriza is taking cognizance of the role that the social economy can play in the current crisis. Even the Cameron government in the UK, the epicenter of European neo-liberalism, has promoted the social economy as a sector with a strategic role to play in job creation, in improving public services, and in reforming the role of government. In the last election, Mutualism and the Big Society were its slogans.

It all sounds very nice, until it becomes evident just how little right wing governments understand, or care about, what the social economy is and how it functions. For the Cameron government co-operatives, and the social economy more generally, became a cover and a means for public sector privatizations, for weakening job security, and for reducing the role of government. Thousands of public sector workers have been coerced into joining pseudo-co-operatives to save their jobs. Under the current government, the same is beginning to happen in Greece with the newly formed KOINSEPs. This is a travesty of the nature and purpose of co-operatives whose memberships must always be voluntary, whose governance is democratic, and whose purpose is to serve their members and their communities for their common benefit – not the ideological aims of government. It’s a lesson that few governments understand.

For the right, the social economy is often viewed as a final refuge for the discarded of society and the victims of the capitalist economy. It is one reason why the right advocates charity as the proper response for the poor. Never solidarity or equity. More recently, the rhetoric and principles of the social economy have been used to expand the reach of capital into civil spaces. For these reasons co-operatives and social economy organizations in the UK, and elsewhere, have condemned the distortion of social economy principles for vested political interests. But what are these principles?

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