b. 1968 · Legal scholar, economist
Kelso's idea crossed the Atlantic and found a sharper edge. Lowitzsch, who directs the Kelso Institute Europe in Berlin and holds the Kelso Professorship at the Europa-Universität Viadrina, took binary economics off the page of the individual's brokerage account and fastened it to the thing standing in the street: the local utility. His instrument is the Consumer Stock Ownership Plan — a structure through which ordinary residents, including those with no savings at all, take a leveraged stake in the renewable infrastructure that powers their own town, paying the loan down from the electricity it sells and keeping both the dividend and the cheaper power. The European Union's recognition of "renewable energy communities" gave the model legal standing; pilots have run across Germany, Italy, Poland, and beyond.
What earns Lowitzsch his place beside Kelso is not the financing but the governance. The preceding entry ends on the distinction between a dividend and a stake — between a subject and a citizen. Lowitzsch supplies the step that completes it, because a stake can still be inert: you can own a share and never cast a vote, own the company and never enter the room where it decides. His 2025 paper with Rodrigo Magalhães, The Race Against the Machine Revisited, reaches for Stanisław Lem's parable of the Drudgelings — a people who had built everything they could possibly need and had lost only one thing, the capacity to decide. That is the exact hazard of distribution without control. The CSOP refuses the split: its owners are also its users, and they govern the grid they own.
For the AI commons, Lowitzsch is the antidote to the temptation that runs through this whole section — the temptation, perfected in the American "Economic Democracy Act," to mistake a dividend for democracy. Scatter shares in a frontier lab across ten thousand quiet accounts and you have changed who collects, not who decides; the model trains the same way, the data is taken the same way, the water leaves the reservoir the same way. Lowitzsch is the proof, inside the Kelso lineage itself, that the share can be made to vote — that the same instrument which hands a town its solar array can hand it authority over the array. One share, one vote is the old corporate rule. One person, one vote is the cooperative one. The difference is the whole argument.
→ The Machines Work for Someone, in Autotroph.