Lesson 2: What Are the Commons? (Web3 & Beyond)

In this lesson, Michel explains the core concept behind his work: the difference between extractive and generative economies.

You’ll learn:

• Why today’s so-called “sharing economy” (Uber, Facebook, Airbnb) actually extracts value rather than sharing it.
• What the commons really are: community-created shared resources where contributors should have a say.
• Why we need a contributory economy that fairly rewards the people co-creating value, not just market players.

Watch this to understand why a fairer, commons-based system is essential for building sustainable futures.