What is economic democracy?

From this website:

"One cannot understand ‘Economic Democracy’ without having an intuitive grasp of Our Commons. It is an intuitive concept, however modern society has erased the structural concepts of The Commons from our collective memory making it a hidden, largely unconscious part of our deep heritage as human beings on this planet. Learn more about The Commons.

"Implementation of principles of Economic Democracy is crucial to properly honoring Our Commons, as we believe that it defines the fairest, most balanced form of governance of our shared resources. Here are some terms that help to define Economic Democracy:

  • Self-governance of resources
  • Decentralized control of resources
  • Sustainable usage of natural resources
  • Fair access to resources for all who require them"

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