Info, news & debate

Credit clearing


Introducing commons ideas at the Festival of Commoning

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At the Festival of Commoning (Sep 13-14, in Stroud), our Stroud Commons group has a one-hour slot on the Saturday morning. I’m going to give an overview of commons ideas, and there will be representatives of the housing, land, energy and climbing groups to talk about what’s happening in their groups. Then we’ll have around half an hour to answer questions.

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The role of the Credit Commons in the commons economy: Tom Woodroof of Mutual Credit Services

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Dave Darby of Lowimpact.org and Stroud Commons talks with Tom Woodroof of Local Loop Merseyside and Mutual Credit Services about the Credit Commons – a way to federate different groups all over the world that are building the commons economy (because you can’t get everything you need from just your community) – but it does it without centralised control.

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What makes the commons movement different? (A: it’s much more difficult to co-opt.)

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The commons is a movement to create a different world, not just the same system with a few tweaks to make it more bearable. If successful, obviously there will be entities out there that will try to undermine it, buy it and ultimately, to crush it. But there are aspects to the commons model that will, I think, make it more resistant to this than existing models.

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Conversation with Jem Bendell, part 2: how should we respond to the collapse of capitalism?

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This is the second part of a conversation between Dave Darby of Lowimpact.org and Jem Bendell, professor of sustainability leadership at the University of Cumbria, and author of the now famous 2018 Deep Adaptation paper that claimed that we’re on an inevitable path to civilisational collapse.

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How credit clearing can change the global monetary system: interview with Tomaž Fleischman of Informal Systems

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Tom Woodroof of Lowimpact and Mutual Credit Services talks with Tomaž Fleischman of Informal Systems about credit clearing. We believe that credit clearing is one of the four crucial tools in building a new commons economy.

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A brief history of credit clearing, with Hans-Florian Hoyer

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Hans-Florian Hoyer is a retired banker and academic who specialises in the history of credit clearing – especially credit clearing at medieval trade fairs. Credit clearing is a crucial part of building a new commons economy, because it reduces the need for money and banks in communities, and it helps small businesses survive through difficult times.

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How credit clearing can help system change: Michael Hallam of Local Loop Lancaster & Morecambe

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In this interview I’m talking with Michael Hallam, who is involved with the Ethical Small Traders Association (ESTA) in Lancaster, and has recently been working with Mutual Credit Services on a credit clearing project called Local Loop Lancaster & Morecambe. Credit clearing is an important part of what needs to happen to build a new, ‘commons’ economy.

Read more about How credit clearing can help system change: Michael Hallam of Local Loop Lancaster & Morecambe