Economic Resilience #5. A multiplicity of financial vehicles

Previously in this discussion of what we can do about economic contraction, we reminded each other than the economy is basically the sum total of transactions between people. At that same basic level, “money” is simply the markers we use to record those transactions. There is no mandate that transactions between people can only be counted via one kind of marker. In fact, plenty of perfectly valid and life-supporting transactions can be accomplished without any markers at all.

Conversation leads to positive connections

Take stock of your conversation skills. Our competitiveness has bled into our conversation. We compete for attention, trying to turn the conversation to ourselves rather than listening to the other person. Some dominate, hogging most of the air space. Others argue, wanting to impress, rather than just connecting as friends and equals.

What must we do?

We must not work or think on a heroic scale. In our age of global industrialism, heroes too likely risk the lives of places and things they do not see. We must work on a scale proper to our limited abilities. We must not break things we cannot fix. There is no justification ever for permanent ecological damage. If this imposes the verdict of guilt upon us all, so be it.

Grace Lee Boggs on Detroit and “The Next American Revolution: Sustainable Activism for the Twenty-First Century”

We discuss the state of the economy in Detroit, “ground zero” for the economic downturn in the United States, with civil rights activist and author, Grace Lee Boggs. “I think it’s very difficult for someone who doesn’t live in Detroit to say you can look at a vacant lot and, instead of seeing devastation, see hope,” says Boggs, “see the opportunity to grow your own food, see an opportunity to give young people a sense of process, that’s very difficult in the city, that the vacant lot represents the possibilities for a cultural revolution.”

Japan should look to satoyama and satoumi for inspiration

The practices of satoyama and satoumi refer to traditional Japanese land-management methods in inland (satoyama) and coastal (satoumi) areas. The concepts, which comprise not just agricultural techniques but entire socio-ecological systems, have provided in the past for sustainable, high-biodiversity areas that produce a range of “ecosystem services” — from timber, rice and fish to energy (biomass and hydropower for instance) and tourism. Although not quantifiable in purely economic terms, the concepts have provided residents and visitors with significant cultural and social benefits.

Renewing agriculture in Iraq

Agriculture’s role in a country like Iraq goes beyond food production: it’s the second-largest sector in the Iraqi economy, a major source of rural employment, and a vital cultural signifier. As the rest of Iraq joins the Kurdish region in enjoying greater stability, the inevitable expansion of industrial agriculture paradoxically threatens to undermine the local communities that depend on agriculture for their way of life.