Building a world of
resilient communities.

MAIN LIST

 

97% Owned – Director’s Cut

Off the back of href="http://www.darkoptimism.org/2012/05/17/transition-money-reflections-on-a-fascinating-theme-and-day/" target="_blank">my recent post on Transition Money, this excellent new short film, href="http://www.positivemoney.org.uk/97percent" title="97 Percent Owned" target="_blank">97% Owned, explains the privatised, debt-based money system we currently use. The one that allows UK banks to simply create around £200,000,000,000 (£200bn) a year and use it as they see fit – without any oversight – to shape the economy and control politics, causing crises, creating inflation and pushing house prices out of reach.

Most of us work for money, but these people are magicking it up and then using it to pay others to do whatever they please. How is this different from legalised slavery?

And we are the slaves. href="http://sacred-economics.com/" title="Sacred Economics" target="_blank">There are alternatives, and yet we continue accepting this datetime="2012-05-19T22:36:20+00:00">system scam, largely because we have been tricked to believe that economics is complicated and *yawn* href="http://www.darkoptimism.org/2012/05/17/transition-money-reflections-on-a-fascinating-theme-and-day/" title="Transition Money" target="_blank">boring! And yes, I have to admit, what could be more boring than being able to create money from thin air..?

( href="http://www.youtube.com/watch?v=XcGh1Dex4Yo&feature=relmfu" title="Feature-length 97% Owned" target="_blank">a full feature-length version of 97% Owned is also available)

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Cooperative and Common Ownership

What changes to the cooperative form would permit a better construction of …

The Great Deceleration

The 'Great Acceleration' of economic activity in the past 60 years has led …

New Zine Highlights the Solidarity Economy in St. Louis

It's hard to convey what the sharing movement is about without describing …

The Climate Crisis and Economic Policy Choices

A major issue in climate economics is whether it is possible to halt the …

Patterns of Commoning: Can Commoners Become Self-Aware of Their Collective Potential?

As the idea of patterns of commoning suggests, commons are not objects, but …

The Centre-Left’s Narrative on Climate Change has Convinced No One

The election of Donald Trump reflects the unraveling of the centre-left …

Money for Everybody

The Netherlands will kick off the year 2017 by launching an experiment with …