On faiths, keeping them and losing them…

Jul 29, 2018 No Comments by
"If we are going to survive the turmoil of the years ahead, we are going to need a deeper understanding of ourselves and what makes for our emotional well-being." write Brian Davey in the first chapter of his book Credo.
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And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability by Yanis Varoufakis – review

Jun 01, 2018 Comments Off on And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability by Yanis Varoufakis – review by
This book is well worth reading if you're interested in how the Eurozone got into such a mess, although it ignores a very important source of financial instability - the relationship between money and energy - and it paints an overly rosy picture of the role that the US has played in the global economy over the past century. By Caroline Whyte.
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The environmental consequences of monetary dysfunction

Feb 22, 2018 1 Comment by
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.
Commentary, Currencies Read more

The Corruption of Capitalism by Guy Standing: review by Brian Davey

Nov 20, 2017 1 Comment by
This book is a powerful attack on rentier capitalism and, very explicitly, a call to revolt. Standing is at his best describing the features of crony capitalism that are totally different from the neo-liberal story of free markets that justifies it. While a very informative read, the analysis urgently needs to be expanded if the emerging commons movement is to be able to adapt to the limits to growth.
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Feasta submission to the Citizens’ Assembly on climate

Aug 11, 2017 2 Comments by
Instead of playing catch-up to other EU countries as is currently the case, we believe Ireland could leapfrog them and establish itself as a visionary leader by taking a global view of the climate challenge and incorporating action on climate with substantive action on inequality and poverty, significant improvements to the quality and freshness of food, and greater overall prosperity and stability in Ireland and elsewhere.
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Limits to Incentives

Apr 14, 2017 Comments Off on Limits to Incentives by
Means of exchange are never neutral as orthodox economists assume. Intentional Currencies respond by being explicit about the values they seek to promote and the outcomes they seek to achieve. An analysis of the use of incentives in currency design helps to guide that design. It also indicates strategies to utilise incentives to motivate intentional communities, NGOs and other volunteer-based organisations. By Graham Barnes.
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The Bank-State Bargain

Mar 31, 2015 2 Comments by
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.
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From our archives: The supply of money in an energy-scarce world

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.
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The Mainstream Money Mess – three aspects… and what they mean for new money-forms

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.
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Beyond Globalization: The Legacy of Richard Douthwaite (1942 – 2011) for a Degrowth Economy

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.
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Capital without Capitalism: A Currency Design Perspective

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
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Presentation on intentional currencies and money as a commons, November 14 2014

Oct 15, 2014 Comments Off on Presentation on intentional currencies and money as a commons, November 14 2014

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/.…

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Money as a Commons

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.
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