Community-Based Economics.

Synthesis/Regeneration | January 1, 2000 | Copyright

Capitalism is an economic system where the means of production are for the most part privately owned and controlled; socialism is an economic system where the means of production are for the most part publicly owned and controlled. Most Green Party programs do not advocate either system. Greens in the US characterize their economic orientation in a phrase: "community-based economics."

I'll make the case that community-based economics constitutes an alternative to both capitalism and socialism; that it is very much in keeping with the Greens' valuation of diversity and…

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