Ideologies of credit creation
Graham Barnes identifies five sources of credit creation and suggests some ways in which we could privilege the most desirable ones and discourage the others.
About
Graham Barnes
Graham Barnes is a Director of Feasta and co-organiser of the Feasta Currency Group. He holds a PhD in Computer Science and worked at a senior level in IT and online marketing in a previous life. His past projects have included the design and delivery of currencies to be sponsored by a local authority; by a social entrepreneur to complement and enhance a well established sustainability methodology; and by a 'local-aware' restaurant chain. His focus is on the systemic dysfunction of mainstream money and finance, the inequity it accelerates and promising developments for its democratisation and detox #fairgreenmoney
Graham Barnes has written 52 articles so far, you can find them below.Confessions of a Rentier
"Most of the progressive thinkers and writers I look to for insight deprecate rentiers (or so I believe). I am a rentier. How should I feel?" asks Graham Barnes.
The environmental consequences of monetary dysfunction
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.
Qualitative Easing : The Urgent Need to Pick Winners
Graham Barnes identifies some of the challenges to effective investment that we're currently facing, and suggests two potential remedies: the re-emergence of the direction-setting state and the growth of value-based currencies.
Democracy In Chains : A review of Nancy MacLean’s book subtitled ‘The deep history of the radical right’s stealth plan for America’
"Other reviewers have called this book 'unsettling'. I'd go along with that. For those of us who tend to favour the cock-up interpretation of history over conspiracy theories, its a discomforting wake-up call." By Graham Barnes.
The Future Monetary Ecosystem
Over the next generation or two, there will be increasingly visible turf wars between money-suppliers with four very different motivations. It's not really a fair fight, but it isn't as one-sided as it used to be. By Graham Barnes.
