A growing array of alternative ownership designs point to a fundamentally different kind of economy, where basic social architectures—the architectures of ownership—are designed to be life-supporting. This kind of economy may be more likely to create fair and just outcomes, to benefit the many rather than the few, and to enable an enduring human presence on a flourishing earth. Emerging ownership models represent the potential foundation for such an economy. They embody an emerging archetype that has yet to be recognized as a single phenomenon with a single name. This archetype provides an alternative to the dominant ownership archetype of today, which can be called “extractive,” for it aims at extracting maximum amounts of financial wealth. The emerging family of ownership designs can be called “generative,” for their aim is to generate the conditions for our common life to flourish.