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Supporting Business and Community

(while creating a new economy)

We Fund Community Not-For-Profits by Purchasing From Participating Members

Community Heart Shape

Participating members, including individuals and businesses, use a phone or computer to register sales made to any members who share their Fractal Economy Member ID.

Our system calculates 3% of such sales as a Community Contribution. Businesses are invoiced for Community Contributions when exceeding $10.

Each Individual Member is being given an equal vote and ability to direct funds from our Community Contributions Fund to approved Not-For-Profits (NFPs) as a donation, dispensed monthly upon reaching $3000 and according to the preferences of members. Together we strengthen our cohesion as a society by intentionally preferencing sellers who are supporting the NFPs who likewise support us and our community.

See How Our Purchases Support Our Community

We intentionally buy from Businesses who contribute some of the sale to democractically chosen NFPs who support our community.

Search our Fractal Directory and look for the FEC logo on your local businesses website, window and trade vehicles, and preference them with your trade purchases. This is how more business sales are contributed to support the invaluable NFPs who admirably support our community.

How To Participate

After creating a free account, you will have a clear view of your membership ID. 

When purchasing from any other members, share your ID or your Mobile number with them so that they can record the sale made to you as a member. The transaction will then show on your Purchases page, and the seller will then contribute 3% of the sale to our community fund for NFPs.

All individual members will have an equal vote for which NFPs receive funding from our community fund,  the voting function enables easy online voting from each member’s online account. 

67 Members have already joined as of 28/02/2024

Questions and Answers

Click on a question to see the answer

No, there are no membership fees.

The only payments able to be welcomed and accepted by our Cooperative at this time are:

  1. Optional donations from people who also want to support community supporters by purchasing from participating businesses
  2. 3% of sales made by participating businesses when our members share their Fractal Economy Cooperative ID when making a purchase. 

Yes, you can access your account any time with your smartphone, either by visiting this website with your browser or by using our Mobile App.

All you need is a device with a browser, internet access and available data.

Yes, we are enabling businesses, individuals, NFPs and our community with web-enabled communication and processing functionality. Our directory, member accounts and management system is being developed and maintained by Websight Creative based on their proven proficiency developing our web systems thus far and with their creation of Community Voting Systems.

Yes, you may see a more extensive list of Questions and Answers with our Hands-on Guide to the Fractal Economy Cooperative.

By scrolling further down this page you will also see some of our recent journal posts, and our website footer also links to official cooperative matters including our terms, privacy policy, rules, NFP approval process and core practices etc.

See More

Contact Us

Please feel welcome to contact us with any questions via this contact form and we will respond to you promptly.

Transaction Tax

In the national economy, a transaction tax would be a flat rate tax on every monetary transaction with only a few minor exceptions such as transfers within a family unit. No costs or expense s by businesses will be tax deductible. Purchases of things like shares and currencies will also incur this tax (which pretty much wipes out the speculative transfers of capitalism). In the FEC economy we apply this tax to transfers between members so that we as a collective can do very good and powerful things with it. For marketing reasons, we have renamed this tax to ‘community contribution’.

Commons

We at the FEC do not think that the government is the appropriate collective institution to manage things like banking, taxation and land rental. These can all be taken out of the hands of government. Government should be restricted to policy making in the political realm. What we call the commons is an economic collective. This economic collective does not have the argy bargy of the political life. Outside of the capitalist context, it is the principle of cooperation and mutual aid that pervades the economic life, and it will have a very different structure to government. Because the term ‘public’ is often associated with government, we prefer the term ‘commons’ in reference to this economic collective.

Community Contribution

‘Community contribution’ is in fact the same as a transaction tax as described elsewhere [see Article 2 in ‘Further reading’]. The reason we have renamed the tax is for marketing reasons as people recoil from the notion of paying an extra tax. Tax payments is in fact how we as individuals contribute to the community in order to fund things like public transport, welfare and a functional judicial system. So people should be proud in saying that they pay their taxes. The reason that we have an aversion to the word tax is brought about by corporations who have the ability to make their expenses cost deductible. They load up all costs of dubious things into their income-expenditure calculations that they can get away with not paying a lot of the taxes that are their due. The whole scam trickles down to the rest of the economy and tax avoidance/evasion becomes an acceptable sport. In a true transaction tax, no expenses are tax deductible.

What is a fractal?

A fractal is by one definition ‘An object whose parts, at infinitely many levels of magnification, appear geometrically similar to the whole’. Take the fern leaf as shown in this image:

The first image above is a graphic picture of a whole fern leaf. If we take one of the ‘branches’ of the leaf – as depicted in the boxed section – and examine its structure, we find that the ‘branch replicates in full the pattern of the original fern leaf. The boxed section of the first image, rotated and appropriately magnified as in image 2, show an identical pattern to the whole leaf. If we take yet another ‘sub-branch’ out of the fern in image 2 as depicted in the boxed section of Image 2, we find the same leaf pattern replicated again. And so on.

The Fractal Economy Cooperative takes its name from this feature of fractals – that the part replicates the whole. We believe that what needs to be done in the global economy is the same as what needs to be done in the national economies; and that it is what we intend to do in the fractal economy. This means that we policies in a number of places that should also be practised in the national economy in order to make it a socially just and environmentally sustainable economy: direct democracy in the realm of policy making, direct individual participation in the allocation of public/commons spending; all the practices that make up for what we call commons banking, a new taxation system (which we call ‘community contribution’ for marketing reasons); support for cooperatives over share ownership of companies; a return to common ownership of land effected through the banking system.