Ann Pettifors’ Predictions for 2012

Jan 11, 2012 Comments Off on Ann Pettifors’ Predictions for 2012
Ann Pettifor is depressing reading in her blog ‘Debtonation’.  She was right before and sadly, likely to be so again. …We, and many others, expect the banks of all the major OECD economies to collapse over the next few months. This will drag the UK, Eurozone and US down. In other words, and to be [...]
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More posters for the Occupy movement

Jan 08, 2012 Comments Off on More posters for the Occupy movement
Brian Davey has produced two more posters for the Occupy movement which can be downloaded from this site. They describe the Eurozone crisis and the "monetocracy": the one percent who exercise power over the rest of us.
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How resilient are we? A New Zealand immigrant’s perspective

Jan 02, 2012 Comments Off on How resilient are we? A New Zealand immigrant’s perspective
In his chapter in Fleeing Vesuvius Phil Stevens describes challenges to resilience in New Zealand and provides suggestions to help the country sustain its rural sector and preserve its democracy. There are lessons here for elsewhere too.
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Derivatives: Weapons of mass destruction

Nov 29, 2011 Comments Off on Derivatives: Weapons of mass destruction
For Adam Smith, “Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.” Banks and financial traders have other ideas. They are now running a parallel economy in which money makes money out of money. The volume of this trade is ten times the volume of trade in goods and services, and traders extract money that other mortals can’t possibly aspire to. No wonder it causes havoc.
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Mosler/Pilkington: A Credible Eurozone Exit Plan

Nov 22, 2011 Comments Off on Mosler/Pilkington: A Credible Eurozone Exit Plan
By Warren Mosler and Philip Pilkington.  The Eurozone has certainly seen better days. The mess is only getting messier. Leaked documents from within the Troika show the austerity programs to be an abject failure and yet European officials continue to consider them the only game in town. So, we contend that the periphery governments should have a credible exit strategy on hand and it is to this that we now turn.
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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.
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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. [...]
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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?
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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.
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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.
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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?
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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.
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National strategies for dealing with Ireland’s debt crisis: exploring the options – September 22-23 2011

Sep 17, 2011 Comments Off on National strategies for dealing with Ireland’s debt crisis: exploring the options – September 22-23 2011
Feasta’s Autumn conference examined measures that this country could adopt to secure its economic future which would not leave it reliant on external factors largely outside of its control. Scenarios explored included the potential collapse of the eurozone. The conference featured prominent international and Irish economists and was aimed at economists, politicians, policy-makers, business people, social partners, and other key decision-makers. Conference videos Conference programme (pdf)
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