Open (sharing) Economy, or open economy is a term used by Colin R. Turner in his novel F-Day: The Second Dawn Of Man to define a moneyless or open access society. Similar to a post-scarcity or gift economy, an open economy is centred on the principle of providing for all citizens without trade or central government.
In his book Into The Open Economy, Turner defines an open economy as:
"The application of an open, distributed model to the traditionally closed-loop economic system. In other words, rather than every individual seeking only to benefit themselves, a common understanding exists that enables everyone to benefit everyone, including themselves."
The term is usually shortened to 'open economy', which may be confused with the separate term open economy which refers to normal economic activities between a domestic community and outside. In his book, Turner derives the term 'open economy' as:
"Open: From the open source software industry: decentralised, shared, free. From the general dictionary definition: unrestricted, honest, transparent; Economy: From the original French word 'économie', meaning management of material resources, and the latinised Greek 'oikonomia', meaning household management."
Similarities
An open economy is similar to a Resource Based Economy such as that proposed by The Venus Project and The Zeitgeist Movement, but differs in that it proposes reaching a post-scarcity economy through acts of sharing, and not necessarily through technology.