|Published by||Mel Chua
Joshua M. Pearce
|License||CC BY-SA 4.0|
|Translate to||Français, Español, Kiswahili, 中文, العربية, Русский, more|
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|Cite as Mel Chua, Joshua M. Pearce (2021). "Open Source Economics". Appropedia. Retrieved 2021-10-17.|
Open Source Economics (OSE) is an attempt to extend the Open Source model to the provision of goods and services. This means opening access to information and technology to enable a different economic system to be realized, one based on natural ecology, social ecology, industrial ecology and open access - based on widely accessible information and associated access to productive capital - distributed into the hands of an increased number of people.
On the Open Source Economics website is an inspiring example of such an economic model currently put into practice in manufacturing vehicles.
This a highly distributed, increasingly participatory model of production could support a democratic society, where stability is established naturally by the balance of human activity with sustainable extraction of natural resources. This contrasts with mainstream centralized economies, which have a structurally built-in tendency towards of overproduction.[verification needed]
A great TED talk on the concept can be found here