finance

Quantatitive Easing – a Simple Proposal

Feasta’s Mark Garavan suggests in an article in his blog that QE should be used only to buy new Solidarity Bonds issued by the European Investment Bank and European Investment Fund which then should only be used to invest in developing new Green economic activities and Green research. He goes on to suggest that the distribution mechanism should be the nation states but also, if not primarily, new regional co-operatives which co-ordinate local investment programmes in Green energy, food and social network provision.…

Money as a Commons

Money is either a reward for past work, or (when issued through the device of credit) an advance secured in expectation of future work. From this viewpoint we can see money as an aspirational commons - a Common Pool Resource backed by our collective efforts, that with the right governance regime could be managed equitably and to mutual benefit. By Graham Barnes.