Info, news & debate

Economy






money-uk

Where does money really come from? (erratum: there is no fractional reserve system in the UK)

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There is a simple conception of the banking system – that banks look after money for savers, and pay them interest. They then loan out that money to other people and charge them a slightly higher rate of interest, and that’s where they make their profit.

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EU

More on the EU referendum from a low-impact perspective: is another Europe possible?

Is the European Union an empty vessel into which any political content may be poured? Can it accommodate not just neoliberal conservatism but also Keynesian social democracy, hard-line greenery and even pro-nationalisation democratic socialism?

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563dd925dce32bf85153def0_bethedventureWEB

Thinking of starting a community enterprise? Win a free place on a three-day workshop

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Our friend Jonathan at Stir to Action (incorporating STIR Magazine) is hosting a three-day workshop for people who are interested in starting a community enterprise, rather than joining the corporate rat-race. He’s offering one place on this workshop for free

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ujamaa8

Review of Ralph Ibbott’s book ‘Ujamaa: the hidden story of Tanzania’s socialist villages’ and how I was lied to in Tanzania

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I have a special interest in this book. As a young man in the 1980s I’d read Julius Nyerere’s Ujamaa (Swahili for “togetherness”, “unity” or “familyhood”). I was inspired by his vision of a co-operative, non-hierarchical society based on sustainable villages

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zombie-isds

Artists against TTIP, and how the new ICS differs from ISDS (spoiler – not much)

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‘Corporate interests have got to stop coming first’ – well said, Juliet Stevenson. A group of artists including actors Ruth Wilson, Andrew Scott and Juliet Stevenson and designer Vivienne Westwood are fronting a campaign (artistsagainstttip.org) to raise public awareness of the trade deal TTIP

Read more about Artists against TTIP, and how the new ICS differs from ISDS (spoiler – not much)

mutualism

Mutualism: a philosophy for changing society with a difference – it’s implementable

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There are lots of ideas for changing the world – from voting to demonstrations, petitions, lifestyle change, incremental change, revolutionary change, or more of the same, only harder. The problem with many of them is that they are either ineffective or not implementable.

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trade-secrets

‘Trade Secrets’ legislation: another little piece of the corporate takeover that most people won’t know about

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EU Trade Secrets legislation will criminalise whistleblowers and journalists who expose corporations and their products or services. It’s another in a long list of steps aiming to put corporations above the law, but the rest of us very much under it.

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money-visualisation

What’s the relative value of the world’s gold, Bitcoins, banknotes, derivatives, stocks & shares, property etc. See this incredible visualisation

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Do you have any idea of the value of all the Bitcoins in the world, compared to, say, the value of all the silver in the world, or compared to the wealth of Warren Buffet, or compared to the amount of global debt etc.?

Read more about What’s the relative value of the world’s gold, Bitcoins, banknotes, derivatives, stocks & shares, property etc. See this incredible visualisation

ttip-reading-room

Read this German MP’s account of the TTIP reading room and decide what you think about TTIP ‘transparency’

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So, you all know about TTIP? Here’s a link if you don’t, plus see the posts to the right. It’s a proposed ‘trade deal’ that is designed to give more of our economy to the corporate sector. It’s supposed to be ‘transparent’, but of course it’s completely secret.

Read more about Read this German MP’s account of the TTIP reading room and decide what you think about TTIP ‘transparency’



NHS Chief Executive was a founder member of an organisation lobbying for health to be included in TTIP

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Just allow a few seconds for that to sink in. Simon Stevens was Vice President of UnitedHealth Group, the largest health insurer in the US. He was in charge of global expansion of their business. Now he’s Chief Executive of the NHS.

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