Iceland – Independent Economic Policy, Holding Finance Accountable and Experimenting with Local Democracy

Iceland’s economy had thrived on speculative finance but, after the meltdown, rather than making the public pay for the crisis, as the Nobel economist Paul Krugman points out, Iceland ‘let the banks go bust and actually expanded its social safety net’ and instead of placating financial markets, ‘imposed temporary controls on the movement of capital to give itself room to manoeuvre.’

On Sacrifice

Raising the spectre of sacrifice is the all the vogue in current climate denier and delayer circles: it is representative of our current moment in time. Having comprehensively been routed on the denial of science, the minions of fossil fuel lobbies have moved on to delay the onset and diminish the scope of action.

Author Ellen Brown Discusses how Public Banking can Create Shared Prosperity

Public banking is one alternative model, and the grassroots movement that has formed around it intends to radically reimagine the banking system in the United States. Working with legislators across the US, advocates are pushing for the creation of public banks on the municipal, county and state levels.

Rojava: A Practical Example of Ecosocialism?

The Rojava Internationalist Commune was founded in 2017 by internationalists from all over the world, supported by the Rojava Youth Movement (YCR/YJC). The aim of this structure is to share knowledge, skills and experience through an internationalist perspective, as well as to support projects and the revolution in Rojava.

What Kind of Rebellion will it Take to Save Humanity from Extinction?

With the clock ticking, climate activists need to interrogate how we got to this stage and work out the next steps. To do that effectively we need to understand class politics. We also need to understand the power that large numbers of people, organised in a sustained way, have to force change.

Cool Currencies – The Kenyan Bangla-Pesa

While local currencies more generally see such vast application and have the potential to help the lives of such diverse groups, there’s evidently a lot of questions still to be answered when it comes to the function of local currencies in slum settings.

A Charter for the Social Solidarity Economy

The Social and Solidarity Economy is based on individuals and communities arising from social initiatives. Material benefits are not the essential building block of its identity. Rather, it defines itself by the quality of life and well-being of its members and the whole of society as a global system.