A new city in America that sets a global standard for urban living, expands human potential, and becomes a blueprint for future generations and participatory democracy."
Sept.15 (DP.net).– Telosa is a name derived from the Greek word ‘telos’ which means ‘higher purpose’. Telosa is not only an experiment in urbanization but also a profound social experiment. Initially, the land will be donated to a community endowment, which will use the money made through increasing land values to enhance public services and make sure every single citizen has equal access to healthcare, housing, education, and transportation. Eventually, its creator imagines a city with an economic system allowing all citizens to have a stake in the land; as the city does better, the residents do better. Thus they call their project "Equitism", a twist on capitalism centered around community ownership.
In other words, the experiment consists in creating a new city in America that sets a global standard for urban living, expands human potential, and becomes a blueprint for future generations.
They also conceive it as a participatory democracy experiment where the urban community "freely exchanges ideas and information to build accountability, competency, authenticity, and trust." To achieve this, transparent participatory democracy will be led by a council and city manager model with strong community engagement and involvement. The City Charter will be mission and vision-oriented to put people first.Read more ...