Supporting Community Trade & NFPs
We Are A Registered Cooperative
The Fractal Economy Co-operative Ltd (FEC) is an Australian registered cooperative whose membership is open to individuals, businesses and incorporated entities in Australia.
Technically, non-individual and incorporated entities are not members but ‘partners’. Members, i.e. individuals, have voting rights. Our policy is that artificial persons or incorporated entities do not have voting rights.
The FEC is originally the creation of Gavin Tang who lives in the Blue Mountains in Australia. In November 2017 a group of residents from the New South Wales town of Bellingen took up Gavin’s ideas and undertook the task of forming the pioneering group to establish a New Economy. This website reflects the early phase of this co-operative venture.
We are open to membership input in a number of areas including IT and software writing. This might be the most exciting project you’ll ever work on.
As our name suggests, we practice a ‘FRACTAL‘ economy – an economy which, though run at the grassroots level, contains all the key features required of the national new economy. In a FRACTAL, the part exhibits exactly the same features as the whole.
We co-create the systemic changes required in our economy, which some people mistakenly belive to be the reserve of national governments, and rather than try to get them implemented by means of political party pressures, we just do it. Therefore, our prescriptions and practices are not only workable at the grassroots level; they are, without any major changes, workable at the national and international level as our network grows and enables more community inclusion and direct participation.
The Six Core Practices of the Fractal Economy Cooperative include: a democratic form of participation and inclusion of members; a new transactional taxation system; our active support of NFPs and Cooperatives, and eventually the practice of commons ownership and of commons banking which has never been practised by governments or credit unions, mutual banks and the like. Our practices exist to operate synergistically, creating more together than the sum of the parts alone.
The best way to explore potentials is to talk with us
If you contact us via this contact form then we will respond to you promptly.