Feasta’s Graham Barnes has been asked to present and do a panel session at Open Here in Dublin, on November 14th. Open Here is “a 3-day international festival and conference where online practices such as sharing, peer-production and open source meet real world material economies.” More information is available at http://openhere.data.ie/.…
Mar 31, 2015 2 Comments
Banks create money out of nothing when they extend loans and then charge borrowers interest on this newly created capital. The result is an ongoing multi-billion pound/ dollar subsidy breaking the basic rules of capitalism. What is perhaps even more surprising is that there appears to be no explicit description of the 'bargain' underlying this important arrangement. By Graham Barnes.
Mar 22, 2015 Comments Off on From our archives: The supply of money in an energy-scarce world
In 2011, Richard Douthwaite wrote in Fleeing Vesuvius that "Money once bought energy. Now energy, or at least an entitlement to it, will actually be money and energy firms may become the new banks." His suggestions for achieving this transition in the fairest way possible have a clear relevance now.
Feb 02, 2015 Comments Off on The Mainstream Money Mess – three aspects… and what they mean for new money-forms
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.
Jan 07, 2015 Comments Off on Beyond Globalization: The Legacy of Richard Douthwaite (1942 – 2011) for a Degrowth Economy
To usher in the New Year, here's a paper by Willi Kiefel on Feasta co-founder Richard Douthwaite's profound and lasting impact on the green movement in Ireland.
Nov 11, 2014 Comments Off on Capital without Capitalism: A Currency Design Perspective
The recent surge in interest in the design of new currencies is partly informed by a creeping realisation of the unfairnesses of the so-called free-market and its associated monetary dysfunction. Re-engineering money offers us the chance to imagine and create a more sustainable economic infrastructure. By Graham Barnes
Oct 15, 2014 Comments Off on Presentation on intentional currencies and money as a commons, November 14 2014
Sep 05, 2014 Comments Off on 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.
Aug 09, 2014 Comments Off on Community Energy in Ireland (Part 2)
May 19, 2014 4 Comments
May 14, 2014 Comments Off on From our archives: why interest-free banking matters
Interest-free banking, such as that carried out by the JAK banks in Scandinavia, has been attracting considerable attention lately. But does it really matter whether a bank charges interest or not? After all, every bank has to charge for its services or it won't stay in business. This article by Richard Douthwaite and John Jopling from the second Feasta Review discusses the issue.
Jan 10, 2014 Comments Off on Margrit Kennedy RIP
Dec 16, 2013 Comments Off on Press release: Feasta describes Troika exit as “a piece of theatre obscuring our real challenges”
Nov 27, 2013 2 Comments
Just when the implications of 'over-professionalising' banking and allowing an overpaid clique of casino-managers to screw up the real economy are becoming clear to the masses, we are being encouraged to think we can't do without them. If this rearguard action succeeds, the opportunity for innovation - for example in the capital financing of energy projects - will be lost. By Graham Barnes.