Complex sentence: In an Associative Economy, therefore, land, labor, and capital would be treated as rights phenomena to be held in trust on behalf of the community and consequently managed by those with both the desire and capacity.
Split into simpler sentences: In an associative economy, therefore, land, labor, and capital are understood as rights phenomena. Some interpret this to mean they are held in trust on behalf of the community and consequently managed by those with both the desire and capacity.