Spreading the Creation: Civic Economy
...an economic system which is beyond capitalism, that is a system which enhances the participation in the creation of wealth, not only its accumulation.
Civic economy can be defined as the economy resulting from generalized repricocity, from people helping people to succeed, with the understanding that the well-being of each member of the community is to everybody's advantage. Whereas unbridled capitalism destroys diversity, competition, and ultimately the market and has to be controlled with anti-trust laws, civic economy encourages diversity and supports small and medium companies and cooperatives with legislative and fiscal tools.
The result is an entrepeneurial economy where repricocity matters.
Civic economy is a way forward for a healthy, dynamic, prosperous Memphis.
Civic economy can be defined as the economy resulting from generalized repricocity, from people helping people to succeed, with the understanding that the well-being of each member of the community is to everybody's advantage. Whereas unbridled capitalism destroys diversity, competition, and ultimately the market and has to be controlled with anti-trust laws, civic economy encourages diversity and supports small and medium companies and cooperatives with legislative and fiscal tools.
The result is an entrepeneurial economy where repricocity matters.
Ernesto Sirolli,
from the Epilogue of
Ripples from the Zambezi: Passion, Entrepeneurship and the Rebirth of Local Economies
from the Epilogue of
Ripples from the Zambezi: Passion, Entrepeneurship and the Rebirth of Local Economies
Civic economy is a way forward for a healthy, dynamic, prosperous Memphis.
Labels: creativity, entrepeneurship, Memphis












