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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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A range of new monetary tools for a completely new economy: Tom Woodroof of Mutual Credit Services, Part 2

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This is Part 2 of an interview with Tom Woodroof, who made the move from the world of nuclear physics to the world of mutual credit and monetary change. I’m going to find out more about his work, and how it can contribute to (quite revolutionary) change.

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