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Economy






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.

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Stroud Commons part 1: We’re putting our house into the ‘commons’. Follow our progress and replicate it in your community

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In 2023 I’d like to see a move towards a new system, rather than futile attempts to ‘fix’ capitalism. I don’t think it’s necessary to to try to persuade the majority of people of this. There are enough of us already to kick-start the necessary change. I’d just like to bring to your attention the new ideas that are emerging for building this new system – the commons economy.

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George Monbiot and friends are wrong: techno-utopianism won’t save us

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George Monbiot has joined a campaign called ‘Reboot Food’, working with techno-utopians who would like to see governments remove support for organic food and deregulate the GM industry, as well as producing bacteria-based food in giant factories (‘precision-fermentation’), and getting rid of smallholdings.

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