Cooperative banking, the exciting wave of the future

In the dark age of Kali Yuga, money rules; and it is through banks that the moneyed interests have gotten their power. Banking in an age of greed is fraught with usury, fraud and gaming the system for private ends. But there is another way to do banking; the neighborly approach of George Bailey in the classic movie It’s a Wonderful Life. Rather than feeding off the community, banking can feed the community and the local economy.

Transport – May 25

-Pedaling to Prosperity: Biking Saves U.S. Riders Billions A Year
-New York’s New Marketing FAIL
-Paris: “the bus stop of the future”
-Long commute time linked with poor health, new study shows

Crude and Condensate reached new highs in January

The EIA helpfully produces a breakdown of the global liquid fuel supply into components. This allows us to distinguish change in the supply of “oil” – narrowly defined as crude oil plus condensates (hydrocarbons which come out of the ground as liquid) – from changes in other things (natural gas “liquids”, most of which are actually gases like ethane, propane, and butane, ethanol, and refinery volume changes.

Making the case for economic relocalization

The term “economic relocalization,” which has been around about four years, describes the global movement of loosely knit Transition Towns and other grassroots networks working to strengthen local and regional economies and systems of food and energy production. I myself was unacquainted with the term until I came across it in the promotional materials for the Economics of Happiness.

USAID to Use Permaculture to Assist Orphaned and Vulnerable Children

A new USAID project, Permaculture Design for Orphans and Vulnerable Children, is focused on providing long-term food security solutions to orphaned and vulnerable children (OVC) that are coping with the challenges of the HIV/AIDS epidemic. Permaculture is their means to achieving this food security.

The little grocery that could

What happens next in the economy — the nation’s, the state’s, and Seattle’s — no longer lies in the hands of Capitol Hill politicians, the Federal Reserve, or even the boards of companies like Microsoft and Starbucks. It depends on entrepreneurs like Jason Brown, who has big ambitions for his small business. Jason recently opened a grocery store in the heart of downtown Bellevue called Your Local Market. It combines the best features of Whole Foods, like high-quality local and organic products, with down-to-earth prices and familiar brands of low cost cleaning products.

The human factor

It was the enlightenment, certainly, through which a whole host of new political views about public voice and the independent integrity of the individual emerged into the mainstream, even if took another 150 years, or even 200, to work themselves out. And at the same time it was the beginning of the age of extraction, when humankind started to use the stored resources of the planet at scale for their profit and endeavour. Both of these ideas are still the dominant frames of our public discourse, certainly in the richer world, and shape (almost completely) competing arguments about sustainability.

Goodbye faculty: What’s the point of a University anyway?

Education has a remarkably inelastic demand curve and even in a contracting economy people will spend their last dollars to educate their children. Along with healthcare, high-tech weaponry, food, water, drugs, and internal ‘security’, Americans will pay almost any price for education, which is why the Right has furiously worked to privatize it and as well the rest of these. In a time when economies around the globe are stagnating (due to flattening or declining net emergies) they are the last growth industries of the capitalist growth economy.