The Cabal

Nov 13, 2011 2 Comments
The financial world has out-stripped the real world. Our current economic crisis is too good an opportunity to miss since it allows radical action to be taken.
Read more

Posters available for the Occupy movement

Nov 11, 2011 Comments Off on Posters available for the Occupy movement
Feasta member Brian Davey has produced several posters for use at Occupy camps which can be downloaded for free here. They make use of creative graphics in order to explore the nature of the current financial crisis, the energy and banking crises, financial predation, and the connection between the Occupy movements and climate change.
Read more

2012 Jobs Programme : Smart Taxes Network Budget Submission

Nov 08, 2011 Comments Off on 2012 Jobs Programme : Smart Taxes Network Budget Submission
The Irish economy needs stimulus and the most effective way to do this is to implement an immediate jobs program backed by newly issued, low-yield tax-backed Jobs Bonds. This will provide the financing necessary for such a program without adding to Ireland’s already substantial interest burden. [...]
Read more

Will the “economic price” limit oil production?

Nov 08, 2011 3 Comments
by Richard Douthwaite. In a widely-circulated article in September 2011, Chris Skrebowski, who runs a peak oil consulting firm and was editor of the Petroleum Review for eleven years until 2008, argued that there are two forms of oil peak. One is, or will be, caused directly by depletion – the oil is no longer in the ground in sufficient quantities for producers to be able to maintain production. The other is the economic oil peak, which he says is the “price at which oil becomes unaffordable to consume and therefore to produce.” Is this assessment realistic?
Read more

In Praise of Non-Debt-Based Money

Nov 01, 2011 4 Comments
by Graham Barnes. The debt we accumulate as individuals, companies and governments is instrumental in depleting the planet and deepening the rich-poor divide. This 'value-led' critique is powerful and compelling to those wishing to listen, but it is not enough, of itself, to procure any meaningful systemic/ structural change in the monetary regime. We need to communicate widely about the side-effects of debt-based money, and to help people to imagine non-debt based alternatives.
Read more

Escape routes: Fleeing Vesuvius – which way should we go?

Oct 28, 2011 Comments Off on Escape routes: Fleeing Vesuvius – which way should we go?
In our final installment from the Irish edition of Fleeing Vesuvius, contributors to the book suggest steps they think should be taken to escape disaster in four areas – in one's family, in one’s community, in one’s country, and in the world. Compiled by Caroline Whyte.
Read more

Videos now online from Feasta debt crisis conference

Oct 22, 2011 Comments Off on Videos now online from Feasta debt crisis conference
Feasta is pleased to announce that you can now watch free online video presentations by leading international and national economic experts who spoke at our recent autumn conference : ‘National Strategies for dealing with Ireland’s debt crisis – exploring the options’.
Read more

Debt cancellation without chaos – a programme for the Occupy movement?

Oct 16, 2011 11 Comments
The Occupy movement needs some clear, simple ideas to champion. Debt cancellation is a clear, simple idea - but how can it be done in a way that is not chaotic and is fair to all, eg to the people who were never in debt anyway? And can it help us to start to work on our "ecological debts" too?
Read more

On the cusp of collapse: complexity, energy, and the globalised economy

Oct 08, 2011 Comments Off on On the cusp of collapse: complexity, energy, and the globalised economy
By David Korowicz, from Fleeing Vesuvius. The systems on which we rely for our financial transactions, food, fuel and livelihoods are so inter-dependent that they are better regarded as facets of a single global system. Maintaining and operating this global system requires a lot of energy and, because the fixed costs of operating it are high, it is only cost-effective if it is run at near full capacity. As a result, if its throughput falls because less energy is available, it does not contract in a gentle, controllable manner. Instead it is subject to catastrophic collapse.
Read more

Economics is not a social science

Oct 05, 2011 8 Comments
In this article Brian Davey explains the rationale for setting up a group called "Cafe Economique" in Nottingham. Following a similar group in Leeds a Nottingham group has been set up, one of whose aims is to give non-economists the confidence to participate in economic discussions. It is high time that non-economists feel able to challenge the baloney that most economists preach and are armed with the ideas that will allow them to do so. In this piece, Brian attacks the status claim that economics makes when it describes itself as a "social science".
Read more

Enough: a worldview for positive futures

Oct 01, 2011 Comments Off on Enough: a worldview for positive futures
by Anne B. Ryan, from Fleeing Vesuvius. While the adoption of new technologies is crucial, so too is the need for a new, self-limiting worldview recognising that “enough is plenty”. This philosophy of “enough” is about the optimum — having exactly the right amount and using it gracefully. Adopting such a worldview would nourish a culture of adapted human behaviour in which social justice could prevail and at least some of the Earth’s ecosystems would have the chance to renew themselves.
Read more

“Working together for access to the earth”

Sep 27, 2011 2 Comments
Recently I had a chat with one of the interns at a local biodynamic farm who explained to me that the farm is currently undergoing a change of ownership. What he told me about the future plans for the farm reminded me of some of the investment models described elsewhere on this site, so I thought I'd write a few words about it. [...]
Read more

Liquidity Networks: local trading systems using a debt-free electronic currency

Sep 23, 2011 Comments Off on Liquidity Networks: local trading systems using a debt-free electronic currency
by Graham Barnes, from Fleeing Vesuvius. No currency will work unless people accept it from each other so this novel money will be put into circulation as a way of rewarding those who are accepting and spending it most.
Read more