Crowdfunding and co-op capitalism and social collaboration movements
Noreena Hertz writes about co-op capitalism: a new economic model from the carnage of the old (download here)
She calls the current system Gucci capitalism – which overvalues status and undervalues equity. We are only interested in maximising our income and owning status brands and are willing to go into debt to buy status items.
Gucci capitalism was about beggar thy neighbour, co-op capitalism recognises that collaboration can trump competition. Where Gucci capitalism was about individual success, co-op capitalism is about our collective future and interdependencies.
Co-op capitalism prioritises cooperation, connectivity, social cohesion and relationships.
Crowdfunding fits with co-op capitalism as well as other movements for social change through networking and sharing of ideas, expertise and money
Open source – a philosophy for peer-production, free redistribution and access.
Cooperatives – bigger than multinationals 800 million people are members of cooperatives (9.8 in the UK) providing 100 million jobs.
Crowdfunding fits squarely with these initiatives on collaboration for social impact. In the most successful projects
people come together to make the venture happen
they have a direct interest in its success
they maintain close personal connection with the project and its owners
Crowdfunding is part of this transformational revolution
Join me on an introduction to crowdfunding workshop
Rochdale 26 June 09.30-13.00
Workshop in partnership with CVS Rochdale
Venue: CVS Rochdale, Partnership House, Sparrow Hill, Rochdale OL16 1QT
Crewe 3 July 10.00 – 15.30
Workshop in partnership with CVS Cheshire East
Venue:The Exercise Studio, Belong, Brookhouse Drive, Crewe