Bioregionalism, Commoning, and Relationalized Finance
Have you noticed how the term “bioregional” is becoming a new eco-buzzword and greenwashing term? At the same time, many ordinary people are genuinely excited about the idea of bioregionalism as a constructive way to focus activism and socioeconomic innovation. Bioregionalism offers a practical, politically accessible space for addressing climate change, social inequality, the eclipse of democracy, out-of-control oligarchs, and capitalist growth.
To try to make sense of the current state and future of bioregionalism, my Amsterdam colleague Natasha Hulst and I decided to pull our thoughts together in a just-completed essay, “Relationalized Finance for Generative Living Systems and Bioregions.”
Because the piece is more than 13,000 words, I've decided to serialize the essay here, with one new section added every day this week. I am also posting a downloadable PDF of the 27-page document here. Natasha will be posting the essay on her Substack as well (link to be added here shortly).
In our piece, we wanted to assess the transformational potential of bioregioning in both a macro-conceptual and applied way. How exactly should bioregional initiatives proceed, and with what theory of change? What role can commons play in actualizing a bioregional transition in the economy? How can the extractive, predatory aspects of capitalism be kept at bay and practices of commoning fortified? What are some of the notable bioregional activities already underway?
Besides exploring these questions, Natasha and I propose an alternative theory of value (to market price), and sketch out various strategies by which (noncapitalist) “socio-ecological markets” might arise and intensify intra-regional commerce.
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