Jul 07, 2015 No Comments
Brian Davey writes "Whatever the arguments the Greek government have run out of time. There is a point where they must act to create substitute financial instruments - if they are called IOUs it is up to the ECB to prove that they are another currency and against the rules."
Jun 26, 2015 1 Comment
This 2003 article by Andy Storey identifies and critiques the priorities of the EU - a very useful overview given the current events in Greece and the TAFTA negotiations. He writes that "in many important respects, and to a growing extent, the emperor that is the European social project has no clothes - it is time to point out this nakedness and to begin the task of rebuilding European regionalism. Such a reconstituted regional model could then also become a building block of a more humane and just global order."
Jun 10, 2015 No Comments
If a Basic Income is indeed a Good Thing, then new currencies will increasingly seek to build it into their design from the outset. This article by Graham Barnes looks at the rationale for BI and at implications for currencies that incorporate BI as one of their currency issuance mechanisms.
Jun 04, 2015 Comments Off on Credo: Economic Beliefs in a World in Crisis
In our latest Feasta book, Brian Davey describes how economists preach a 'gospel' which gravely misrepresents the complexity of human psychology, exacerbates inequality and seeks to justify the destruction of communities and environments. Salvation is supposedly in efficiency, competitive markets, specialisation, technology and, above all, growth - but we are now crashing against ecological limits.
May 12, 2015 Comments Off on Framespotting: Review by Caroline Whyte
May 04, 2015 Comments Off on From our archives: People first – justice in a global economy by Stan Thekaekara
In the 2002 Feasta lecture Stan Thekaekara describes how land-grabbing has decimated the lives of the Adivasi people in southern India with whom he works. He puts forward an alternative economic system, 'Just Change', which is based on core adivasi values and which challenges many of the assumptions made about human nature in mainstream economics.
Apr 26, 2015 Comments Off on Migrant shipwrecks, land grabs and the commons
Apr 17, 2015 Comments Off on Septic Tank Options and Alternatives: Review by Seán Conlan
Apr 09, 2015 Comments Off on Shale Gas and Fracking: The science behind the controversy – review by Brian Davey
Brian Davey writes "the central theme of this book - that 'science can be allowed to decide through peer reviewed debate' - is at best innocent in the naive sense, pious and misleading. It evokes a world where issues are decided on by politicians and the public guided by neutral scientists who deliver the facts. But this fairy tale for the children begs all the difficult questions."
Mar 31, 2015 2 Comments
Banks create money out of nothing when they extend loans and then charge borrowers interest on this newly created capital. The result is an ongoing multi-billion pound/ dollar subsidy breaking the basic rules of capitalism. What is perhaps even more surprising is that there appears to be no explicit description of the 'bargain' underlying this important arrangement. By Graham Barnes.