Repost/flag: The OTC Dictionary of the Commons

The OTC Dictionary of the Commons; From Acequia to Wiki, words to share
by Jay Walljasper

Acequias: A centuries old cooperative irrigation system in New Mexico Hispanic communities. Acequias refer both to the irrigation ditches and the community of farmers organized around them.

Aloha: In the traditional definition as defined by the state of Hawaii, aloha means “the essence of relationships in which each person is important to every other person for collective existence.”

Anti-commons: A dysfunctional scenario that occurs when private property claims are so restrictive and fragmented that they result in an inability to share resources and innovate because the economic transaction costs are too high. The term was introduced and popularized by law professors Michael Heller and Rebecca Eisenberg.

and continues… Read the rest of it here


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