Insight and inspiration in turbulent times.
In its latest book, Where does money come from?” by Josh Ryan-Collins, Tony Greenham and Richard Werner, NEF provides one of the sharpest accounts of money creation in recent times. Can your high street bank really create money?
-Before the Food Arrives on Your Plate, So Much Goes on Behind the Scenes
-Big Food Must Go: Why We Need to Radically Change the Way We Eat
-We are the 2 Percent: Occupy our Land, Occupy our Food
-“American Meat”: Not Just Another Food Documentary
We may not be able to beat the banks, but we don’t have to play their game. We can take our marbles and go home. The Move Your Money campaign has already prompted more than 600,000 consumers to move their funds out of Wall Street banks into local banks, and there are much larger pools that could be pulled out in the form of state revenues.
The global economy grew 3.8 percent in 2011, a drop from 5.2 percent in 2010. Economists had anticipated a slowdown, but this was even less growth than expected, thanks to the earthquake and tsunami in Japan, unrest in oil-producing countries, the debt crisis in Europe, and a stagnating recovery in the United States. As richer economies struggle to recover from the financial crisis of 2008–09, poorer countries are facing high food prices and rising youth unemployment. Meanwhile, growing income inequality and environmental disruption are challenging conventional notions of economic health.
These days, looking to future resilience often means looking backward, to when families and communities did more things themselves. Prepping old school style is the key to peak oil not hitting quite so hard in your own life. That’s why vegetable gardening needs to become a four-season activity for resilience-minded preppers.
This is such a colossally immoral and unethical act — collectively and in many cases individually — that most people, including the overwhelming majority of the so-called intelligentsia, simply choose to ignore it on a daily basis. That won’t save a livable climate, however, nor it will stop future generations from cursing our names.
And so it is not surprising that many immoral and unethical acts that regularly occur on a far less grand scale are condoned or winked at or simply ignored.
This discussion turns to the theme of economics and the subject is Bay Bucks, the local currency circulating in the larger Traverse City region. Dave is joined by long time Bay Bucks advocate Sharon Flescher, discussing the reasoning behind the creation of a local currency, the seven year history of Bay Bucks and a look to future growth. Local currencies generate the full impact of their multiplier effect in the local economy. None of that economic value is exported to outside economic interests. The key to that success is to get more and more of the local currency in use. Bay Bucks is set to push for another round of expansion.
If Transition is to succeed – to deliver on its promise of happier, more resilient communities – then it’s always seemed obvious to me that the work we do is fundamental to this change. If we can find ways to create enough work that contributes to the resilience of our area, that is more fulfilling, in tune with our own particular skills and values, and that pays the bills, then many of the outcomes we want will naturally emerge.
These overview books on starting up a smallholding/homestead/small farm/urban sustainable oasis are often the first books any of us come to, precisely because we need that encyclopedic breadth so badly – eventually we may need to know more about growing melons or delivering a calf or butchering a rabbit or canning pickles – in fact, most of us end up with specialist books on all these things. But at first the best of these books give you a picture of the whole range of the work you are entering into – and that’s what a lot of us need.
Let’s not be shy about the matter; the dominant picture of agriculture in this country is pretty grim. Set upon the foundations of unequal land distribution, the expansion of neo-liberal policies into agriculture since the 1950′s have accounted for a halving of agricultural employment, the systematic industrialisation of farming techniques, the consolidation of larger farms and the tightening of corporate control on food markets. We have been left with an economy in which new entrants to farming can expect to pay up to £10,000 an acre for land but receive less than 10% of the money spent on food by consumers.
We chatted with Herman Daly on a range of topics from ecology to economics, policy to politics, relocalization to religion. He is Emeritus Professor at the University of Maryland School of Public Policy, pioneered work on Steady-State and Ecological Economics, and has received more accolades and written more books than we can mention.
Parts 3 and 4 of Fleeing Vesuvius, “New Ways of Using the Land” and “Dealing with Climate Change,” focus mainly on local and national strategies for reducing fossil fuel use (both to conserve fossil energy and reduce carbon emissions).
