More people.
More owners.
The proposal broadens ownership of productive assets, so that people can receive capital income alongside income from their work.
Economic democracy ↗Rethinking how wealth is created, who owns it, and how an economy can serve people and the planet.
The work of Rodney Shakespeare, Simon Mouatt & Peter Challen
The Binary Paradigm asks us to reconsider the assumptions behind our economic systems. Its authors argue that an economy must reflect technological change, enable wider ownership and take environmental responsibility seriously.
At its heart is a simple question: if technology produces more of our wealth, how can everyone share in the income it generates?
Explore the original argument ↗The proposal broadens ownership of productive assets, so that people can receive capital income alongside income from their work.
Economic democracy ↗The authors propose repayable, interest-free finance for productive assets and environmental projects, with fair administration costs.
Practical applications ↗The framework brings human wellbeing, ecosystems and the responsible use of resources into its definition of economics.
A wider view of economics ↗The authors call their method EDCReD: five steps for examining assumptions and developing new policies.
Look at the facts across a wide range of subjects.
Identify the assumptions used to interpret those facts.
Ask whether those assumptions accurately reflect reality.
Reconsider inaccurate assumptions and explore their opposites.
Develop policy proposals from the revised understanding.
An introduction to the Binary Paradigm by Rodney Shakespeare.
This recording is an introduction, rather than a full audiobook.
Start with a short perspective, or explore
the full argument in the original paper.
Rodney Shakespeare, Simon Mouatt & Peter Challen
The framework, methodology, practical proposals, six appendices and references.
Michiel Bijkerk
A short perspective on paradigm change, economic justice and the Golden Meand Society.
You don’t need an economics background to begin exploring.
Binary economics distinguishes two contributions to production: human labour and productive capital, such as tools, machinery and technology. The proposal focuses on enabling more people to own capital and receive its income.
In this framework, it is income from ownership of productive capital. The authors propose widening that ownership so capital income reaches everyone, alongside any earnings from work. See the foundational paper, pages 18–19.
Appendix One of the foundational paper sets out the 59 assumptions challenged by the authors, together with their proposed alternatives. Read Appendix One ↗
For a short overview, begin with For the Healing of the Nations. For the complete argument, read the foundational paper. The illustrated online book offers chapter navigation, search and adjustable text size.
This site introduces the authors’ framework and policy proposals. Summaries describe their arguments; the original publications provide their reasoning, references and areas identified for further development.
The Binary Paradigm brings together questions of economics, ethics, ownership and the environment. Its authors invite readers to explore, discuss and develop the framework.
Explore areas for development ↗Supported on the original website by Michiel Bijkerk, Ruben Suriel, Rodney Juliet, Janeth Montilva and Kenly Servania.
rodney.shakespeare1@btopenworld.com ↗
Contact address as listed in the original publication.