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.
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.
A Designer Currency can enhance local identity and spread awareness of local supply, but it can also go beyond that, helping to identify important gaps in local supply and forming an integral part of proactive local economic development. By Graham Barnes.
You can now see videos from the one-day conference hosted by Feasta and Sensible Money on May 31st to explore the consequences of our malfunctioning money system and some of the proposals for its reform, replacement or supplement.
Should the funds from Cap and Share be distributed equally to individuals or are there better ways of using them? Indians are even more in need of financial help than those suffering from austerity programmes in the west, but James Bruges explains why he believes it would be better to distribute to community organisations in India. He starts his chapter of Sharing for Survival with some comments on climate and also covers related economic issues.
This book is a clearly thought out and well written analysis of the extremely grave state we are in and it offers some clear proposals about what could and should be done to change the system as a whole.