Elinor Ostrom's Rules for Radicals

Cooperative Alternatives beyond Markets and States

Nonfiction, Social & Cultural Studies, Social Science, Sociology, Business & Finance
Cover of the book Elinor Ostrom's Rules for Radicals by Derek Wall, Pluto Press
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Author: Derek Wall ISBN: 9781786801234
Publisher: Pluto Press Publication: October 20, 2017
Imprint: Pluto Press Language: English
Author: Derek Wall
ISBN: 9781786801234
Publisher: Pluto Press
Publication: October 20, 2017
Imprint: Pluto Press
Language: English

Elinor Ostrom was the first woman to win the Nobel Prize for Economics. Her theorising of the commons has been celebrated as groundbreaking and opening the way for non-capitalist economic alternatives, yet, many radicals know little about her. This book redresses this, revealing the indispensability of her work for green politics, left economics and radical democracy.*BR**BR*Ostrom has often been viewed as a conservative or managerial thinker; but Derek Wall’s analysis of her work reveals a how it is invaluable for developing a left political programme in the twenty-first century. Central to Ostrom’s work was the move ‘beyond panaceas’; transforming institutions to widen participation, promote diversity and favour cooperation over competition. She regularly challenged academia as individualist, narrow and elitist and promoted a radical take on education, based on participation. Her investigations into how we share finite resources has radical implications for the Green movement and her rubric for a functioning collective ownership is highly relevant in order in achieving radical social change. *BR**BR*As activists continue to reject traditional models of centralised power, Ostrom’s work will become even more vital, offering a guide to creating economics that exists beyond markets and states.

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Elinor Ostrom was the first woman to win the Nobel Prize for Economics. Her theorising of the commons has been celebrated as groundbreaking and opening the way for non-capitalist economic alternatives, yet, many radicals know little about her. This book redresses this, revealing the indispensability of her work for green politics, left economics and radical democracy.*BR**BR*Ostrom has often been viewed as a conservative or managerial thinker; but Derek Wall’s analysis of her work reveals a how it is invaluable for developing a left political programme in the twenty-first century. Central to Ostrom’s work was the move ‘beyond panaceas’; transforming institutions to widen participation, promote diversity and favour cooperation over competition. She regularly challenged academia as individualist, narrow and elitist and promoted a radical take on education, based on participation. Her investigations into how we share finite resources has radical implications for the Green movement and her rubric for a functioning collective ownership is highly relevant in order in achieving radical social change. *BR**BR*As activists continue to reject traditional models of centralised power, Ostrom’s work will become even more vital, offering a guide to creating economics that exists beyond markets and states.

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