ABSTRACT
A cooperative economic democracy is a global economic structure based on seven principles of resilience—diversity, modularity, social capital, innovation, overlap and redundancy, tight information feedback loops, and ecosystem services (social functions that are essential but have no market value). The initiatives that best reflect these principles engage in local or regional (micro) level action; interweave providing basic human needs with other system-change endeavors; and build federations of networks, coalitions, and movements with a shared agenda and greater capacity. Fully realizing this vision would require revolutionizing goods and services production, and regaining public sovereignty over the money supply to fund the transition to sustainable energy.
