YouTube: Five Interwoven Economies

03 Economy, Collaboration Zones, Communities of Practice, YouTube

Five Interwoven Economies: Subsistence, Gift, Exchange, Planned, and Theft (or Conquest)

This video presents a simplified education model about socioeconomics and technological change. It discusses five interwove economies (subsistence, gift, exchange, planned, and theft) and how the balance will shift with cultural changes and technological changes. It suggests that things like a basic income, better planning, improved subsistence, and an expanded gift economy can compensate in part for an exchange economy that is having problems.

The text for the presentation is here.

The content is under the CC-BY-SA license and you are encouraged to build on it, but the video itself is under CC-BY-ND. If you make derivatives, you can credit Paul Fernhout at