Info, news & debate
The ‘democracy problem’
Chris Cook’s tour of the oil markets: from Nixon to Trump
Today I’m talking with Chris Cook, who designed and built the Iranian Oil Bourse (see Wikipedia for a timeline of the events Chris describes), which could help move the world away from the petrodollar. We’ll be talking more about that later.
‘The Case for Community Wealth Building’: review
This is the first of three articles in three days about ‘community wealth building’ (CWB) and mutual credit. Today we’re explaining community wealth building, and reviewing a book: The Case for Community Wealth Building. Tomorrow we’ll blog about how mutual credit can help post-Covid communities, and on Monday, Dil Green continues the theme, explaining how …
Post-covid: ‘getting back to normal’ is suicidal – here’s the alternative
“For those who dream of a return to “normalcy”: normalcy was standing on the tracks watching an oncoming train & arguing about how fast it was going. Something just banged into us & sent us sprawling. It hurt. A lot. Now let’s get up, but NOT get back on the tracks again.” – David Graeber
Post-covid: ‘getting back to normal’ is not just a bad idea – it’s suicidal
There’s been a lot of talk about ‘thanking’ coronavirus for giving us the breathing space to re-evaluate, and for giving nature some breathing space too. This isn’t one of those articles. I don’t find it compassionate to thank a virus that’s killing thousands of people, and closing millions of small businesses, allowing Amazon to hoover …
What’s wrong with billionaires?
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 …
Coming together to build a new economy: Matthew Slater, barefoot economist and Credit Commons co-designer, Part 2
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.
Starting from scratch: Matthew Slater, barefoot economist and Credit Commons co-designer, Part 1
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 …
Disillusioned with the parliamentary route to a better society? Here’s an alternative.
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 …
What I’ve discovered about the money system and how the world is run, since working with the Open Credit Network
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 …
26 questions from a 10-year-old to his parents about the election
At a dinner party on Saturday evening, I had a discussion about a) the efficacy of elections for bringing about meaningful change, and b) the desirability of the quest for perpetual economic growth (I didn’t feel positively about either of those things). Our hosts’ 10-year-old son was listening carefully, after which he expressed his intention …
New topic – ‘commoning’ – and why ‘the Tragedy of the Commons’ is wrong
At university, back in the 80s, we were taught about ‘the Tragedy of the Commons’ – an essay by Garrett Hardin, about how common resources are always abused, because humans are basically selfish. It seemed plausible at the time, but has since been shown to be false.
Can elections really change anything?
Can elections really change anything? Dave Darby of Lowimpact.org shares his views on the question in the run-up to the general election.
How the REA / Value Flows model can change the world: Lynn Foster of Mikorizal (Part 2)
Here’s the second part of our interview with Lynn Foster of Mikorizal and the Value Flows model. Part 1 is here.
Understanding the REA / Value Flows model: Lynn Foster of Mikorizal (Part 1)
Today Dave Darby of Lowimpact.org / NonCorporate.org is talking with Lynn Foster of Mikorizal and the Value Flows model. We’ve heard some very good things about her work, together with her partner, Bob Haugen.
The elephant in the room is capitalism. Maybe.
Chris Smaje of Vallis Veg and Small Farm Future shares his thoughts as to why the elephant in the room is capitalism. Maybe. It’s over to Chris from here…
What’s the difference between capitalism and a free market?
People usually conflate the two, but I want to try to persuade (mainly the right) that capitalism is nothing like a free market, and (mainly the left) that there’s nothing wrong with a truly free market.
Decentralised collaboration, Paul Mason and more: see you at OPEN 2019 next week?
We hear from Oliver Sylvester-Bradley about exciting opportunities to collaborate at the OPEN 2019 Community Gathering, taking place in London next week.
Reflections on the CTRLshift gathering – an emergency summit for change
The stated aim of the annual CTRLshift gathering (that took place in Stoke-on-Trent recently) is to bring key people together to talk about practical steps to help shift power away from central government and multinational corporations, to communities and individuals. Well, you had me at ‘decentralisation’, so I went along.
The role of the state and the market in building the new economy: interview with Hilary Wainwright of Red Pepper
Today, we’re talking with Hilary Wainwright – an academic, activist, editor of Red Pepper magazine, and a fellow of the Transnational Institute (TNI).
A ‘Transcender Manifesto’ for a world beyond capitalism
Dil Green shares a Transcender Manifesto for groups to develop networks of transcendent social relations for a world beyond capitalism.