The community extraction of ground-rent is not enough. Natural monopolies relating to capital also need to be (internally) regulated. The interest of such organizations is spurious in nature. While a confederated and nested system of community land trusts following the principle of subsidiarity is probably the most optimal in regards to land, monopolistic capital is optimally owned mutually, with consumer-members owning the policy, and having considerable say in finances. Like the land trust with its beneficiaries, a mutual firm pays dividends to its policy-holders. In this way, the economic interest of monopolies can be captured in the same way economic rent is captured by a land trust.
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- Mutualism: The Philosophy of Anarchy February 18, 2017
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- My Roots in the Radical Community December 11, 2016