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.


Chinese energy figures suggest much slower growth than advertised

Energy consumption statistics hint that China may have already begun its …

Food Stamps Are Worth Double at These Michigan Farmers Markets—Helping Families and Local Businesses

A program that helps low-income families and local farmers.

A Field Guide to Negative Progress

In an age of contraction and decline—or, shall we say, negative …

Greece’s Yanis Varoufakis: The Medicine of Austerity Is Not Working, We Need a New Treatment

With the debt clock ticking, Greece is fast running out of money

Raising Minimum Wage: We’re in This Together

On Wednesday, food workers and other low-wage earners around the country …

Obama’s Trade Agreements are a Gift to Corporations

On Thursday, legislation moved forward that would give President Obama …

Getting from Here to There

Business-as-usual is sure to deliver us a future that is both unsustainable …