Peter Johnson

Who needs a bank?

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So let’s ask another question. Why do we need banks – what are they for? This is less about what banks get up to, than about money. How should we think about the institutions that deal with our and other people’s money? What does it mean for you or me to have money?

How the west was lost

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Arizona is burning. Texas, too. New Mexico is next. If you need a grim reminder that an already arid West is burning up and blowing away, here it is. As I write this, more than 700 square miles of Arizona and more than 4,300 square miles of Texas have been swept by monster wildfires. Consider those massive columns of acrid smoke drifting eastward as a kind of smoke signal warning us that a globally warming world is not a matter of some future worst-case scenario. It’s happening right here, right now.

Profligacies of Scale

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Promoters of big centralized power generation schemes often justify their plans by invoking economies of scale. That logic made sense at a time when economic expansion and abundant resource supplies defined the framework for all economic activity, electricity generation very much included; in a post-abundance world, what were once economies could very easily turn into something else.

The sermon to the sharks

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John Michael is an erudite and patient writer, good at explaining away the various fallacies around money, energy and the pursuit of everything that bedevil our increasingly morbid industrial civilization. I read and I nodded, and it was not until I arrived at the last chapter, “The Road Ahead” that I started shaking my head, because a paraphrase of the title sneaked into my brain, one that I couldn’t shake: Preaching to Sharks: Economics as if the Survival of Economists Mattered. What made it hard to shake was that it was accompanied by this stunning image from Herman Melville’s Moby Dick.

Relocalizing investment in our local food system

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Envisioning a new investment paradigm is difficult theoretical work, but actually implementing a system that directs flows of investment cash into local food systems is even more difficult. As a nascent movement, Slow Money has moved methodically to build a robust infrastructure for implementation. A growing national network of interested people have been considering how local groups or “Slow Money Alliances” would be structured in order to accomplish the work of bringing more investment into local food systems.

Want not waste

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Waste is an obsolete concept: the future is one without waste where materials will circulate through our economy rather than entering as raw materials at one end and being dumped into landfill at the other. his conception of the economy as circular is due to Kenneth Boulding, a leading figure in the development of a green approach to economics…

Transition and Collapse: Voices from the Margins

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To read these writers and take them seriously is to admit that the culture is not with us, that although solutions exists, they are smothered by widespread denial. Therefore we work in darkness and we struggle with those forces of denial–sometimes in the form of our own friends and family.