DEFINITION of 'Eco-Communalism'

An economic/environmental philosophy focused upon local economies, sustainability and self-sufficiency. Eco-communalism is centered upon the belief that many self-sufficient local economies connected to one another will be a greater benefit to society as a whole than a centralized capitalistic one. The primary principles of eco-communalism include green economics, biodiversity and decentralization of government.

BREAKING DOWN 'Eco-Communalism'

Eco-communalists believe that the goodness of society is the key to creating a world that is less reliant on capitalistic traits and more concerned with the common good. In this vain eco-communalism is often closely associated with the ideals of eco-socialism, which is focused on moving towards a more socialist mandate and away from the materialism of modern capitalism.

RELATED TERMS
  1. Adjustment Income

    Income paid to the dependent(s) of a primary wage earner in the ...
  2. Adventure Capitalist

    1. Another word for "venture capitalist", or someone who invests ...
  3. Closed Economy

    An economy in which no activity is conducted with outside economies. ...
  4. Fiscal Localism

    Institutionalized monetary exchange focused upon local and regional ...
  5. Capitalism

    A system of economics based on the private ownership of capital ...
  6. Crony Capitalism

    A description of capitalist society as being based on the close ...
Related Articles
  1. Personal Finance

    Understanding Capitalist Economy Traits

    Capitalist economies share several traits.
  2. Insights

    Main Characteristics of Capitalist Economies

    Commerce is based on the principles of capitalism, but there are few, if any, examples of pure capitalism except in theory.
  3. Small Business

    A Day in the Life of a Venture Capitalist

    Learn more about the job description of a venture capitalist and discover what a typical day in the life of this professional might look like.
  4. Small Business

    Who are Venture Capitalists?

    Venture capital investment firms can provide the seed money for high-risk, start-up companies. People called venture capitalists run these firms, and make the investment decisions.
  5. Insights

    Pros and Cons of Capitalist vs Socialist Economies

    Capitalism relies on the markets. Socialism, on government planning. Each system has its pros and cons.
  6. Retirement

    How Socialism Differs From Capitalism

    Socialism is an economic and political system based on the public ownership of the means of production.
  7. Insights

    What Exactly is a Socialist Economy?

    Socialism's role in the world has changed dramatically in the last several decades.
  8. Investing

    What's a Centrally Planned Economy?

    A centrally planned economy is one where the government controls the country’s supply and demand of goods and services.
  9. Small Business

    Startups Destroyed By Venture Capitalists

    While the title may sound counter-intuitive, venture capitalists have been responsible for causing or accelerating the downfall of their startups. Here are a couple of examples.
  10. Managing Wealth

    Invest Like A Pro

    By following the strategies of the pros, even a beginner can learn to invest like an expert.
RELATED FAQS
  1. Why do most economists favor capitalism?

    Learn more about how capitalism works and why it is a popular system among economists throughout the world. Read Answer >>
  2. What are the differences between capitalism and socialism?

    Discover the differences between capitalism and socialism. Take a look at the ideology and arguments for each of these modern ... Read Answer >>
  3. What are the most important aspects of a capitalist system?

    Understand the main aspects of a capitalist system and how they contrast with the tenets of other types of economic systems, ... Read Answer >>
  4. What are the main differences between a market economy and a socialist economy?

    Read about some key differences between a socialist economy and a free market economy, including common objections of both ... Read Answer >>
  5. How do venture capitalist investors view sustainable growth in a startup?

    Discover how venture capital investors view sustainable growth in a startup. Venture capitalists look to identify startups ... Read Answer >>
  6. How can I become a venture capitalist?

    Find out what it takes to become a venture capitalist, and read about some of the primary attributes private equity firms ... Read Answer >>
Hot Definitions
  1. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  2. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  3. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  4. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  5. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
  6. Job Market

    A market in which employers search for employees and employees search for jobs. The job market is not a physical place as ...
Trading Center