Graham Barnes argues that the misallocation of credit by banks exacerbates instability and inequality, and results in the neglect of projects that aren't profitable. He proposes two possible solutions.
Patrick Noble proposes that the gathering of rent for status - 'status enclosure' - is the central process by which we become middle class, and a major cause of the global crises we're facing. "If we remove that fixed, defensive gaze on our land and status properties, and then look up, and then, out and about, we’ll see the world expand."
A global basic income, funded from commons-based revenue including the revenue from CapGlobalCarbon, could help to heal the divisions that are currently plaguing us. By Caroline Whyte.
Caroline Whyte draws on development theory, recent technological developments and research on inequality to argue that the share in CapGlobalCarbon could and should be distributed to individuals globally. The impact on poverty and inequality worldwide could be massive.
In chapter 13 of his book Credo, Brian Davey points out that public health is an alternative indicator of well-being and is strongly correlated to levels of equality or inequality. Greater equality means greater well-being for everyone and a smaller need for the state – yet inequality has been increasing dramatically.
This article by Graham Barnes looks at three of the most poisonous aspects of Mainstream Money from the perspective of a currency designer exploring new money-forms.