ELI5: Explain Like I'm 5

Common Wealth: Economics for a Crowded Planet

Imagine you and your friends all have a really big toy room that you all share. Now imagine that there are too many toys in the room and not enough space for everyone to play with them all at once. That's kind of like the planet we live on! There are a lot of people and resources, but not enough space or things for everyone to have everything they want all the time.

Commonwealth is a way of thinking about how we can share the Earth's resources and make sure everyone has enough of what they need without hurting the planet. It's like when you and your friends decide to take turns playing with different toys so everyone gets a chance to have fun.

This means we need to be thoughtful about how we use resources like water, food, and energy, and make sure we don't use more than what the planet can provide. It's kind of like making sure you don't eat all the snacks in one sitting and save some for later.

Commonwealth also asks us to think about how we can use resources in a way that doesn't hurt the planet or animals. For example, instead of using plastic water bottles that can take hundreds of years to decompose, we can use reusable water bottles to reduce waste.

Overall, the idea of commonwealth is to make sure everyone has what they need and can live happily, without harming the Earth.