This is the last of six articles this week about how we can keep local economies afloat during the coming economic slump. There is already a scarcity of money, as the coronavirus crisis forces businesses to lay off workers, and sole traders to give up. But it will get much worse. How can we keep… Continue reading Building the new economy: how to keep local economies trading in the economic slump caused by the coronavirus Read more

This is the fifth in a series of articles about how mutual credit can help us get through the economic problems caused by the corona virus. The main points to get across are: There’s going to be a shortage of money. Mutual credit is a moneyless trading system. That’s it! Mutual credit can help local… Continue reading The global money system: not the kind of ‘normality’ we should return to after the coronavirus crisis is over Read more

This is the fourth in a series of articles about how mutual credit can help us get through the economic problems caused by the corona virus. The main points to get across are: There’s going to be a shortage of money. Mutual credit is a moneyless trading system. That’s it! Mutual credit can help local… Continue reading “Flat Earth” Money, and why there doesn’t have to be a global cashflow problem Read more

This is the third in a series of articles about how mutual credit can help us get through the economic problems caused by the corona virus. The main points to get across are: There’s going to be a shortage of money. Mutual credit is a moneyless trading system. That’s it! Mutual credit can help local… Continue reading The exchange medium for the coronavirus crisis: crypto or mutual credit? Read more

This is the second in a series of articles this week about how mutual credit can help us get through the economic problems caused by the corona virus. The main points to get across are: There’s going to be a shortage of money. Mutual credit is a moneyless trading system. That’s it! Mutual credit can… Continue reading Covid-19 Mutual Aid Groups should look to Mutual Credit for economic resilience Read more

This is the first in a series of articles over the next week or so about how mutual credit can help us get through the economic problems caused by the corona virus. The main points to get across are: There’s going to be a shortage of money. Mutual credit is a moneyless trading system. That’s… Continue reading Mutual credit is a solution to the COVID-19 economic crisis Read more

There’s exciting news from the Ecological Land Cooperative as they launch a new community share offer, inviting you to make an investment in future farming. Read more

I came across a clip recently (see below) of a radio host filled with incredulity that someone might actually believe that the existence of billionaires is a bad thing. Surely any antipathy towards the super-wealthy must be based on envy or ideology? Don’t they create jobs? Aren’t they philanthropic? Don’t they pay a lot of… Continue reading What’s wrong with billionaires? Read more

This is Part 2 of a conversation between Dave Darby of Lowimpact.org / the Open Credit Network and Chris Huskins, a smallholder tenant of the Ecological Land Co-operative, starting a veg box scheme in East Sussex, building his own home, and looking to trade via mutual credit. Read more

Thomas H. Greco, Jr., author of The End of Money and the Future of Civilization, shares just some of his wealth of knowledge about what works, and what doesn’t, when it comes to local currencies. Read more

In part 1 I described why a resilient economy needs be to separate from the failing capitalist juggernaut and that we need to start by finding new economic partners from without the Market. Read more

Donald Trump recently derided Greta Thunberg and everyone pleading with government to heed environmental science as ‘doomsayers’. The more imminent peak oil or environmental collapse appear, the more intransigent our political system seems to be. Whatever the reasons for this, responsible citizens can only accomplish so much while the political and economic winds are blowing… Continue reading Starting from scratch: Matthew Slater, barefoot economist and Credit Commons co-designer, Part 1 Read more

This is Part 2 of an interview with Debbie Clarke of Unicorn Grocery – a co-operative grocery store in Manchester. In Part 1, I talked with Debbie about what it’s like to work in a co-operative grocery. Here we talk about the “Grow your own Grocery” guide that her co-op has produced for people who… Continue reading How to start a co-operative grocery in your town: Debbie Clarke of Unicorn Grocery, Part 2 Read more

Before the election in December, I had a ‘lively debate’ with a friend – an old-school Labour supporter and Corbynite – who was trying to convince me that the only way that we can have an effective social safety net is by voting in a genuinely redistributive party, taxing the rich properly and spreading wealth… Continue reading Disillusioned with the parliamentary route to a better society? Here’s an alternative. Read more

This is an informal chat with Phil Christopher of Huff & Puff Construction. He’s a natural builder who has registered his business with the Open Credit Network. He sees mutual credit as a way to build an alternative economy – sustainable, based on small- and medium-sized businesses, and embedded in communities. We talk about ways… Continue reading Natural building and mutual credit: Phil Christopher of Huff & Puff Construction Read more

This is Part 2 of an interview by Dave Darby of Lowimpact.org / NonCorporate.org with Lynne Davis of the Open Food Network as part of a series of interviews with people building the new economy. Here’s Part 1, and below is the transcript of the interview, plus the video. Read more

I identify with Greta Thunberg. I’m also aspergic, and I understand why she’s so motivated. I talked with several people over the Christmas period who don’t like her, for various reasons – her voice; her team fly even though she doesn’t; her parents are manipulating her; she’s too angry; she once used a plastic bottle,… Continue reading Is Greta Thunberg right, and if so, what do we do about it? Read more

In the summer of 2018 I went along to Open2018 to see Matthew Slater talk about how we might shake up the money system with a global Credit Commons. After his presentation, Matthew and I met with Oliver Sylvester-Bradley of the Open Co-op, who organised the event, and decided to build a mutual credit network… Continue reading What I’ve discovered about the money system and how the world is run, since working with the Open Credit Network Read more

Today I’m talking with Debbie Clarke of Unicorn Grocery – a cooperative grocery store in Manchester; and the thing I’m particularly interested in about Unicorn Grocery is that instead of wanting to become a huge chain, they’ve got a toolkit called ‘Grow your own Grocery’ to help people set up cooperative grocery stores in their own towns. Read more

Lowimpact.org are working with Open.coop to build a new, co-operative, moneyless, mutual credit trading system for the UK, with a view to joining many similar schemes around the world to create a new global trading system, that requires neither banks nor interest. The point of this article is to invite you, if you own or… Continue reading Become one of the first movers in a new, collaborative economy: Open Credit Network Alpha launch Read more