Brexit and complexity

May 10, 2017 No Comments by
Brian Davey draws on the work of Joseph Tainter and cybernetics research to argue that the least risky approach to Brexit is to follow Yanis Varoufakis' advice and go for an interim, off the peg solution.
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The Joke

Apr 26, 2017 No Comments by
"How do we form a whole social system – its economy settling nicely inside its ecology? We don’t. Everyone does. Where economy meets ecology, is precisely where a tool meets its materials – that is by the fingertips and grasp of one pair of hands – that is - one’s own intelligent hands." By Patrick Noble.
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Limits to economic growth?

Apr 18, 2017 1 Comment by
In this presentation given at the University of Nottingham on April 4, Brian Davey investigates the historical roots of the growth-based economy. He critiques the assumption that renewable energy could take over from fossil fuels while maintaining economic growth, and goes on to discuss some ways forward.
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Limits to Incentives

Apr 14, 2017 Comments Off on Limits to Incentives by
Means of exchange are never neutral as orthodox economists assume. Intentional Currencies respond by being explicit about the values they seek to promote and the outcomes they seek to achieve. An analysis of the use of incentives in currency design helps to guide that design. It also indicates strategies to utilise incentives to motivate intentional communities, NGOs and other volunteer-based organisations. By Graham Barnes.
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Reclaiming Commons through Land Value Tax, or a Wing and a Prayer

Apr 06, 2017 Comments Off on Reclaiming Commons through Land Value Tax, or a Wing and a Prayer by
Patrick Noble suggests some ways in which "ordinary people may steer a course back into history and with luck – a course towards a newly egalitarian and convivial culture." In particular he focusses on basic income combined with a land value tax, as he believes these two initiatives could together "provide the simplest, most elegant regenerative tool for social justice."
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CapGlobalCarbon and basic income: How could climate action be coupled to economic empowerment?

Apr 01, 2017 Comments Off on CapGlobalCarbon and basic income: How could climate action be coupled to economic empowerment? by
A global basic income, funded from commons-based revenue including the revenue from CapGlobalCarbon, could help to heal the divisions that are currently plaguing us. By Caroline Whyte.
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Specialisation and trade – David Ricardo versus Frederich List

Mar 25, 2017 Comments Off on Specialisation and trade – David Ricardo versus Frederich List by
In this chapter of Credo, Brian Davey explores the historical roots of the theory that free trade is inherently beneficial, and describes seven factors that tend to be left out of arguments in favour of free trade.
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2016 Annual Report

Mar 20, 2017 Comments Off on 2016 Annual Report
Our latest Annual Report is online now. It includes updates on our projects, events, publications, submissions and other activities in 2016. (PDF format, 2.7 MB)
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Entrepreneurship in the social and solidarity economy

Mar 08, 2017 Comments Off on Entrepreneurship in the social and solidarity economy
In this chapter of Credo, Brian Davey describes how co-operatives employ more people than multinationals and provide services to 3 billion people weekly. They also tend to last longer than other forms of enterprise. While not perfect, their existence is a clear challenge to authoritarianism and they have been considered a dangerous threat by dictators over the past century.
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The Music of Narcissus

Mar 01, 2017 Comments Off on The Music of Narcissus
"Ordinary history had an idle elite dependent on the rest. The brief oil perversity has the rest dependent on an idle elite" writes Patrick Noble in this extract from his book, Towards a Convivial Economy. "We can evacuate most of what the oil enclosure provides and begin step by step to make things and grow things without oil."
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Journey to Earthland: review by Mark Garavan

Feb 18, 2017 Comments Off on Journey to Earthland: review by Mark Garavan
This book by Paul Raskin constructs a possible future world scenario not so much as a prediction but as a map which we can use if we can mobilise collectively into a common movement which leads the human community forward. Perhaps, as Raskin suggests, it is only now – when finally everything is at stake – that progressive forces can finally mobilise on the scale needed. Meanwhile, the planet itself is moving and becoming active whether we respond or not.
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Entrepreneurship – the narrative of creative destruction

Feb 14, 2017 Comments Off on Entrepreneurship – the narrative of creative destruction
In this chapter from Credo, Brian Davey argues that the role of the entrepreneur changes over time and that, at their most powerful, they seek to co-opt officials and politicians for their agendas. Management can be exercised through over centralised control freakery or via distributed decision-making systems. Many entrepreneurs and managers are psychopaths, and criminals are entrepreneurs too. In the modern world, control fraud i.e. looting your own company is not uncommon.
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End of the “Oilocene”: The Demise of the Global Oil Industry and of the Global Economic System as we know it.

Jan 22, 2017 10 Comments
Tim Clarke draws on recent research on fossil fuel extraction to argue that the global oil industry in deep trouble. Since oil plays such a key role in the world economy, since 2008 any semblance of economic growth has been fuelled by astronomically greater quantities of debt . The challenge Ireland and other countries will soon face is managing a fast economic and energy contraction and implementing sustainability on a massive scale whilst maintaining social cohesion.
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