Archives for

debt

Helping to regenerate: overcoming conflicts of interest in property development

The conventional way of financing property development entangles those involved in a web of debt and conflicting business interests. This week we are featuring two articles from Fleeing Vesuvius which describe a new way of organising developments that promises better buildings, more affordable rents and a stake in the outcome for everyone. Chris Cook provides an overview of this new approach and James Pike gives examples of how it could work to rescue building projects hit by the downturn in Ireland.

Deficit easing – an alternative to severe austerity programmes in the eurozone

The EU's collective austerity programme will do little or nothing to save the problem countries - Ireland, Greece, Portugal and Spain - from default and the rescue fund set up by the IMF and the ECB will only buy time before they do so. Richard Douthwaite argues that a limited, targeted injection of non-debt-based euros could provide a neat and swift solution to a debt problem the whole eurozone shares.

Money Theory – A Primer on the Issues

The group organising the newly formed 'Cafe Economique' in Nottingham wanted an introduction to basic money theory for their first public event on Thursday 30th June and this article, written by Feasta member Brian Davey, was the result. The extended version of the talk, with notes on sources and for further reading, relates basic concepts to what is happening in the world right now, inclusive of the Greek financial crisis, and what should be done about it.