Understanding the REA / value flows model: Lynn Foster of Mikorizal, part 1 @GrowingtheCommons
Understanding the REA / value flows model: Lynn Foster of Mikorizal, part 1  @GrowingtheCommons
Uploaded October 2019 | Updated September 2026, 1 week ago
This is part 1 of a discussion between Dave Darby of Lowimpact.org, Noncorporate.org and the Open Credit Network and Lynn Foster of Mikorizal and Value Flows; she lives in Wisonsin in the US. Here she talks about the importance of value flows and resource, event, agent accounting for the new economy.

We’re interviewing key players in the new economy, to:
a) bring their work to a wider audience
b) try to find ways to co-ordinate their efforts
c) stimulate debate
d) help to grow the new economy.

By new economy, we mean an economy whose component parts are democratic and non-extractive, rather than undemocratic and extractive.

Lowimpact.org: lowimpact.org
Noncorporate.org: noncorporate.org
Open Credit Network: https://opencredit.network/
Mikorizal: mikorizal.org
Value Flows: valueflo.ws


Here's a transcript of the interview, with links to organisations mentioned in the video: lowimpact.org/value-flows-model-lynn-foster-mikorizal-part-1

Thanks also to the Open Co-op: https://open.coop/

Highlights:

1. We’re going to have to do some planning, on a lot of different levels – for example how do we obtain food and water without putting too much carbon into the atmosphere. Food will have to be much more local, along with heavier manufacturing. What’s the right scale for energy projects, transport, manufacturing, agriculture etc?

2. we’ll need some sort of accounting to be able to analyse the data, to figure out what we need to do better. We’ve been working with a model called REA (resource, events, agents), which is becoming a little more well-known.

3. If groups / networks are interested in finding out more, and potentially adopting it, contact us directly.
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Understanding the REA / value flows model: Lynn Foster of Mikorizal, part 1

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