Insight and inspiration in turbulent times.
Although the Barclays scandal has pushed the Eurozone crisis off the front pages this morning, the two are intimately related. As the previous post on this blog indicated, the sovereign debt crises have also arisen as a result of banks bidding up the rates of interest paid by nations on the money they borrow from those banks, increasing bank profits while bankrupting countries and destroying their societies.
The Hatch model is truly one of sustainable business practices. It relies on the knowledge bank of its past artisans to hand down to future workers. And it depends on its workers in a way that will never be undercut by the lure of cheap labor in far flung locales. By doing everything by hand, locally, and on a human scale (along with that nearly 150 year old reputation) Hatch can be assured (barring some unforeseen occurrence) that its services will be needed even as the world economy shrinks back and high-tech work dies for lack of the energy to produce it.
-All energy and climate solutions are local
-Climate Change is Simple
-Court ruling to shift greenhouse gas fight back to Congress
-Relief in Every Window, but Global Worry Too
-Exxon: ‘Losing Our Shirts’ on Natural Gas
-Shale Gas Reality Begins to Dawn
-The Sky Is Pink: New Josh Fox Video On Fracking Controversies in New York (and Much More)
-Obama’s Interior chief: State regulation of fracking ‘not good enough for me’
-Ed Davey urged to take ‘foot off the gas’ and focus on renewables [Report]
-Gazprom Biggest Loser As Shale Gas Upends World Markets
Two weeks ago, I had the privilege of touring an incredibly vital cultural commons in the heart of Providence, Rhode Island…What may be less appreciated is that AS220 is a self-sustaining creative commons (lower case). While it has all sorts of interactions with the market, government and philanthropy, it is really an unheralded model of a commons for producing and enjoying the arts. It is financially self-sustaining, independently managed, and grassroots-responsive. It is dedicated to art made by and for the people.
When it comes to creating those new kinds of money there is no one perfect currency that can right all the wrongs of the past and every flaw in the conventional money we use. There are currencies fit for the job in hand, and which have specific challenges as a result.
The Rio+20 Summit produced a largely meaningless document that failed to address the daunting environmental challenges the world faces. But many at the conference looked to an alternative approach they called “green economics” — using market forces to help nations achieve sustainable development.
The history of the New River highlights the ingenuity and perversity of human behaviour. In the 1600s we had an abundant water supply called the River Thames, but we were polluting it so badly we decided to transport water from 20 miles away using a complex and expensive engineering system that took years to build. If permaculture had been invented then, we would have found a much more intelligent way of dealing with the problem, at source.
Since the end of 2011, when police shut down most encampments, the Occupy movement’s future has been uncertain. Without the long-term occupations that gave the movement its name, where would participants meet and make their presence felt? Would the movement be able to sustain itself without these rallying points? Would it release policy demands or try to bring down a big bank?
Life is so much a matter of contrasts. Last week I wrote about a large scale farmer of several thousand acres who drives his computer 9 hours a day while his brother and hired help to the actual farming. In stark contrast, shortly after I talked to him, an old friend stopped by to tell me that, after nearly forty years, he was retiring from small scale dairying. He tried to be upbeat about it but I could tell that he was sad too. He will keep on farming his 200 acres and maybe raise a few steers. Old dairymen never die, they just quit milking cows.
At some point personal behavior changes aren’t enough. To become sustainable, we need large-scale investments, which require capital. How can we get access to the financial tools necessary to build a sustainable world? The answer may be through public banking, and one state, North Dakota, points the way.
There’s an interesting divergence between the extreme complexity of the predicament that besets contemporary industrial civilization, on the one hand, and the remarkable simplicity of the failures of reasoning that have sent us hurtling face first into that predicament, on the other. Nearly all of those failures share a common root, which is the inability—or at least the unwillingness—of most people in the modern world to pay attention to the natural cussedness of whole systems.
