Size of the US underground economy

I was curious to know what efforts had been made to estimate the size of the informal economy. After some poking around, I discovered Edgar Feige, a widely cited Professor Emeritus of Economics at University of Wisconsin-Madison who seems to have devoted much of his career to this question.

The entire paper is well worth a read…

Occupy your life

Someone asked “if you could say something to the Occupy movement what would you say?” Vandana Shiva flashed her brilliant and embracing laughing smile, a smile that hooks right into your heart and you can’t help but feel the connection. She replied: “I’d tell them, Occupy your Life.” She reminded us how Gandhi had the symbolic actions — sitting in protests — but with that he also had the cotton — the tangible actions.  Dr Shiva said that along with the protests, people need to grow food, to build connections within their communities, to make changes in their lives.

Occupy – Nov 14

– Seattle Ex-police chief: Paramilitary Policing From Seattle to Occupy Wall Street
– Man Outed As Undercover Cop At Occupy Oakland Condemns Police Brutality, Supports The Movement
– #OccupyWallStreet: A Leaderfull Movement in a Leaderless Time
– Iraq vet: Penn State, my final loss of faith (in the leadership of his parents’ generation)
– Crimson Front: On Occupy Harvard
– Hawaiian musician with ‘Occupy with Aloha’ T-shirt plays 45-minute protest song for Obama at summit… and no one notices (video from Makana)

Ten ways the Occupy movement changes everything

Before the Occupy Wall Street movement, there was little discussion of the outsized power of Wall Street and the diminishing fortunes of the middle class. The media blackout was especially remarkable given that issues like jobs and corporate influence on elections topped the list of concerns for most Americans.

Occupy Wall Street changed that. In fact, it may represent the best hope in years that “we the people” will step up to take on the critical challenges of our time. Here’s how the Occupy movement is already changing everything.

Throwing out the master’s tools and building a better house

This movement is winning. It’s winning by being broad and inclusive, by emphasizing what we have in common and bridging differences between the homeless, the poor, those in freefall, the fiscally thriving but outraged, between generations, races and nationalities and between longtime activists and never-demonstrated-before newcomers. It’s winning by keeping its eyes on the prize, which is economic justice and direct democracy, and by living out that direct democracy through assemblies and other means right now.

Restoring Food Hubs

Today, Detroit’s Eastern Market, first established in 1891, is a revitalized food hub, returning to the historical practice of actively offering processing and aggregation support to small and midsize farmers, facilitating relationships between local producers and institutional buyers, and strengthening Michigan’s regional food system. Its evolution says much about the history of our food system and a transformation currently taking place across the country.

On a Friday night in Norwich, November 2011

It’s nine o’clock and eleven of us are discussing climate change. So far we have agreed that in order to mitigate the effects of modern civilisation on the planet’s atmosphere we have to powerdown to a low-carbon economy, de-industrialise our agricultural system and bring equality to bear in all aspects of the human world. You might think this is taking place in a warm lecture hall or meeting room on this November evening, but we are far from such venues…Occupy Norwich is holding one of its evening talks and I’ve come to spend the night here amongst the tents. Like thousands of others I’ve been following the activities in Zuccotti Park and Finsbury Square on-line and I want to find out what it’s like to occupy a space in physical reality.

Das Blut der Welt (The Blood of the World)

(In German) Stefan Aust and Claus Richter have created a two part documentary on the history of oil starting with whale oil and the move from conventional oil to unconventional oil. Includes analysis on depletion and geopolitical implications.

Includes interviews with: Colin Campbell, ASPO; Fatih Birol, IEA; Matthias Bichsel, Shell, Alexander Medwedew, Deputy CEO Gazprom; Christof Rühl, Chief Economist BP; Gerhard Schröder former German Chancellor; Martin Winterkorn CEO Volkswagen Group; Dieter Zetsche, CEO Daimler AG.

At Growth’s End

In Extraenvironmentalist #28 we speak with Richard Heinberg about his most recent book The End of Growth which uses data on global economies and international energy supplies to argue that the paradigm of economic growth has ended forever. Richard says that while our economies will still grow in the future, they’ll be constrained to lower and lower rates of growth that won’t be able to support money systems and financial obligations