"Capital markets regard this approach as a vital long-term strategy to secure and lock in a new structure of control over natural resources that assures attractive profits. But this finance-driven structure will also dramatically reduce the ability of communities to reclaim their shared wealth and assert their collective, locally responsive management. This systemic goal of “financial enclosure” of the commons, when coupled with existing trade and investment agreements,7 could produce a long lasting, legally durable enclosure that would seriously diminish (policy) space for any political player and for social movements – farmers, Transition Towns, Occupy Wall Street, and others. Most importantly, it threatens to extinguish the possibility of people reproducing their livelihoods independent of the overwhelming influence of financial markets." shareable.net/blog/the-coming-financial-enclosure-of-the-commons
Posted on: Sun, 07 Jul 2013 23:20:18 +0000
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