The peer production license is an example of the Copyfair type of license, in which only other commoners, cooperatives and nonprofits can share and re-use the material, but not commercial entities intent on making profit through the commons without explicit reciprocity.
This fork on the original text of the Creative Commons non-commercial variant makes the PPL an explicitly anti-capitalist version of the CC-NC. It only allows commercial exploitation by collectives in which the ownership of the means of production is in the hands of the value creators, and where any surplus is distributed equally among them (and not only into the hands of owners, shareholders or absentee speculators). According to Dmytri Kleiner, co-author of the license with the barrister John Magyar, it’s not a copyleft license, but instead copyFARleft, and is intended for consumer goods or commodities rather than capital or producers’ goods.
This is the human-readable summary made by CivicWise. If you want to read the whole licence, you can go here.
Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
Non Capitalist — The commercial exploitation of this work is only allowed to cooperatives, organizations and non-profit groups, to organizations of self-managed workers, and where there are no exploitative relationships. Any surplus or surplus obtained by the exercise of the rights granted by this License on the Work must be distributed by and among the workers.
Disclaimer — Some of these conditions may not apply if permission is obtained from the copyright holder.
Public Domain — When the work or any of its elements is in the public domain according to the applicable law, this situation will not be affected by the license.
Other rights — The following rights are not affected by the license in any way: