Questioning The Free Trade Mantra

Dec 12, 2016 1 Comment
Graham Barnes presents three reasons for challenging the narrative that restrictions on trade are never justifiable, and goes on to argue that the potential rebalancing of an economy - away from over-financialisation towards productive activity and especially stuff of life end product like food and energy - could create its own success story/ case study and encourage others. Changing our money system would help to achieve this.
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Water Commoning – Extending the public debate about water policy in Ireland

Dec 05, 2016 Comments Off on Water Commoning – Extending the public debate about water policy in Ireland
Feasta's new Water Commoning Group aims to extend the debate about water policy in Ireland and to establish water commoning as something worthy of serious and critical consideration.
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The Climate Crisis and Economic Policy Choices

Dec 01, 2016 Comments Off on The Climate Crisis and Economic Policy Choices
Brian Davey, in Credo, argues that carbon emissions will never fall at a sufficient rate in a growth economy. Unfortunately, the EU operates a climate policy framework, the EU Emissions Trading System, that was designed by BP and it doesn’t work. Policies that might work were the political will there are described. However, the fossil fuel industry still has a stranglehold on policy.
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Prejudice, Ignorance and Granfalloons – Society in the Trump Era

Nov 24, 2016 Comments Off on Prejudice, Ignorance and Granfalloons – Society in the Trump Era
Energetic and ecological limits are mostly unknown because they are taboos. It would be great if people found out more about these limits because responding to them seems to me to be the most pressing of all agendas for society. What is more likely however is that the bulk of the population will now pre-occupy themselves with granfalloons instead – and plenty of very educated people will help them. By Brian Davey.
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Living in Unpredictable Times

Nov 20, 2016 Comments Off on Living in Unpredictable Times
Brian Davey argues that in many aspects of life one can turn a story upside down or reverse cause and effect and it will still be plausible. Moreover, things that don't fit into the prevailing narrative are often downplayed or ignored. The coming bankruptcy of the energy sector is a crisis that mainstream economists will not be able to understand nor to solve. The faith that there will always be a techno fix and that continued growth is the normal state of affairs is likely to remain pervasive for a longest time - despite growing chaos.
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Creating More Elbow Room

Nov 15, 2016 Comments Off on Creating More Elbow Room
To mark the fifth anniversary of Feasta co-founder Richard Douthwaite's death, and in light of current world events, we're featuring this chapter from his book Short Circuit, which is perhaps even more relevant today than it was back in 1996. It discusses the pernicious effects of world trade at present and the need to move towards a more human economy, and then describes three new approaches that could be taken.
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A Changing World – Coping in a crisis

Nov 12, 2016 Comments Off on A Changing World – Coping in a crisis
In an update of her original article from 2011, Theresa O'Donohue provides some practical suggestions for dealing with the turbulent times that may be ahead.
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Georgist Macro-Economics and the Land Value Tax

Oct 15, 2016 Comments Off on Georgist Macro-Economics and the Land Value Tax
Brian Davey argues in Credo that the ideas of Henry George are still very relevant for economic theory. A site value tax would help to stabilise property market cycles and promote greater spatial efficiency. However, while helpful, market mechanisms like a site value tax will not, on its own, fully resolve the environmental crisis.
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The Oracle of Oil: Review

Oct 06, 2016 1 Comment
M King Hubbert, known as 'the father of peak oil,' was one of the first to question unlimited economic growth. "In his life and career you find the seeds of major environmental, socioeconomic and political challenges which we are still confronted with today, and which still need solving," writes Jacqueline Mathewes in this review of Mason Inman's biography.
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Towards Climate Safety and Justice briefing report

Sep 29, 2016 Comments Off on Towards Climate Safety and Justice briefing report
This report summarises the outcomes from a two-day event on June 8 and 9 2016 that was organised by Feasta, Cultivate and Trócaire. It provided a briefing on CapGlobalCarbon - a campaign organised by members of Feasta's climate group - set it in the context of the commons, divestment and social justice, and generated ideas about how to implement it as part of a broader citizens' movement for a fair and sustainable transition from fossil fuels.
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Marginal productivity theory

Sep 21, 2016 Comments Off on Marginal productivity theory
This chapter of Credo, by Brian Davey, describes the “marginal revolution” of neoclassical economics. The idea of marginal productivity and payments to “factors of production” was developed for ideological reasons to counter thinkers like Marx and George. The theoretical framework learned by generations of students is contradicted by the evidence. The ideas of capital and land in neoclassical economics are incoherent.
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Who are the parasites? The radical implications of classical economics

Sep 06, 2016 Comments Off on Who are the parasites? The radical implications of classical economics
In this chapter of Credo, Brian Davey discusses the differences between classical and neoclassical economics, and the implications for taxation and the distribution of power. Those following the current controversy over taxation in Ireland should find his argument interesting.
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Ecocide for climate safety: Setting up a system to Keep It In The Ground

Aug 30, 2016 Comments Off on Ecocide for climate safety: Setting up a system to Keep It In The Ground
Erik-Jan Van Oosten discusses the relationship between CapGlobalCarbon and ecocide law: "A global law against ecocide and a global cap on fossil carbon extraction seem to me the two key, mutually reinforcing, conditions for a sustainable society."
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