A Response to Noah Smith about Global Poverty
The debate about global poverty is important. But our collective understanding of this matter will only be served by intellectually honest and sincere engagement with the arguments at hand.
Economy featured
Cool Currencies – The Kenyan Bangla-Pesa
While local currencies more generally see such vast application and have the potential to help the lives of such diverse groups, there’s evidently a lot of questions still to be answered when it comes to the function of local currencies in slum settings.
A Charter for the Social Solidarity Economy
The Social and Solidarity Economy is based on individuals and communities arising from social initiatives. Material benefits are not the essential building block of its identity. Rather, it defines itself by the quality of life and well-being of its members and the whole of society as a global system.
Notes on the “Financialisation of Nature and Carbon Markets”
What is needed is an approach called commoning – the idea that we all share responsibility. We are all are entitled to share natural resources– but only so far as use is made at a sustainable scale.
What Will the Economy Be When It Grows Up?
If we don’t transition away from growth economics and embrace our Arrival and the agenda of making ourselves at home, the world’s richer countries risk destroying what they already have, while shutting out development in poorer countries.
Public-Common Partnerships: Building New Circuits of Collective Ownership
This report introduces a new institutional framework for a transformative socialist politics: the Public-Common Partnership (PCP).Whilst the era of new public-privat
Decoupling is Dead! Long Live Degrowth!
The validity of the green growth discourse relies on the assumption of an absolute, permanent, global, large and fast enough decoupling of Gross Domestic Product from all critical environmental pressures. Problem is: there is no empirical evidence for such a decoupling having ever happened.
5 Communities Building Resilience to Thrive in an Uncertain Future
In the face of the growing uncertainty about the extremities of disasters, resident-led initiatives to build resilience in their own communities are gaining momentum in North America, and across the world.
Why You Don’t Hear Trump or Farage Talking About the Tech Revolution
This is the basic argument of a book I have been lost in for the last 10 days: The Technology Trap, by the Swedish-German economist and historian Carl Benedikt Frey. His basic thesis is that this phase of the 21st century is turning out to be very like the early 19th, in the sense that technology is causing a great crisis of status, security and trust in institutions.
Redwashing Capital
It’s as if, as environmental humanities scholar Anthony Galluzzo posted recently, humanity, not tech is—ha—the engine of history. Again, it’ll be people, not science alone, environmental scientist Erle Ellis wrote in another Times op-ed, who’ll save us from ecological collapse.
Cool Currencies – The Chiemgauer
8 years on, the Chiemgauer attracts over 600 businesses and 3000 users, turning over 5 million per year. And this is only the start. Its whopping growth of over 100% per annum means its significance is only likely to grow in the near future.
Monetary Alchemy: How to Turn Bad Money into Good
The prosperity, resilience and self-determination of a community is greatly dependent on its having an adequate supply of payment media to connect available supplies with basic needs, so the usual scarcity of conventional money needs to be overcome.
