May 19, 2014 2 Comments
As the 99% become progressively aware of embedded unethical and unfair systemic values, might monetary disengagement become a key part of a trend to separate and distance ourselves from the mainstream economy – a Great Separation? By Graham Barnes.
May 14, 2014 No Comments
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.
Dec 16, 2013 No Comments
Yesterday’s exit of the troika simply indicates a transfer of Ireland’s allegiance back to the international bond markets, not a restoration of sovereignty. The Irish economy’s profound vulnerability could be addressed via a commons-based financial system and energy independence.
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.
Oct 15, 2013 No Comments
The debate surrounding the Irish budget was characterised by a false choice between ‘austerity’ or ‘growth’. In fact, neither option is viable. Instead, what is needed is a radical re-structuring of our economy to ensure that we live within ecological limits in a just manner.
Sep 16, 2013 No Comments
Entrepreneurs are often assumed to play a heroic role in the economy, with some shades of tragedy. In a second excerpt from his new book Brian Davey argues that the heroism of entrepreneurs may be somewhat exaggerated, whereas the tragedy is probably downplayed. Co-operative approaches to doing business generally prove to be more compatible with the real world.
May 24, 2013 No Comments
Apr 17, 2013 3 Comments
Basic financial security should be a right for all members of society, yet our present social-welfare system does not adequately support this right and has many other serious flaws. Anne Ryan explains how a universal basic income would increase everybody’s capacity to cope with financial shocks and uncertainties far more effectively than the current system and how it would also improve general quality of life, while supporting many different kinds of work, with or without pay.
Feb 07, 2013 1 Comment
In this article Caroline Whyte makes a case in favour of global per-capita allocations of funds from the share in Cap and Share: a sort of worldwide cash transfer programme. She draws on recent development theory, technological innovations and research on social and economic equity to bolster her argument.
Jan 31, 2013 1 Comment
So here we have it. The austerity versus Keynsian spending debate is about as useful as arguing whether the earth is flat or sitting on the back of a pile of turtles. Neither will provide sustainable interventions to our converging crises while the debt-based money system remains the only significant game in town. By Graham Barnes.