Date archives "June 2019"

Facebook May Pose a Greater Danger Than Wall Street

Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated—not in the United States but in China. Unlike in the U.S., where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments… Continue reading

Demise of Totnes Pound won’t Stop this English Town Pushing Back Against Austerity

This article by Brendan Barrett is republished from The Conversation Walking down the high street of a place described as one of the UK’s most ethical towns, the first thing you notice is the absence of national chain stores and fast food outlets. Instead, you find a diverse mix of independent shops selling organic food,… Continue reading

Minneapolis, Minnesota: Community Power

In 2011, a campaign that would eventually become Community Power was set up, with the aim of directing more of the US$450 million Minneapolis residents spend each year on energy bills towards a clean energy economy. Since the partnership’s creation, a broad coalition of actors have pushed forward community-grounded energy solutions: universally-accessible, debt free financing… Continue reading

OD&M students’ mobilities

By odmadmin Last week, 12 students of the OD&M training visited the training nodes (Florence, Bilbao, London, Dabrowa Gornicza) exploring the local ecosystems of alliances between Universities, makers communities and enterprises. The mobility gave the possibility to build mutual knowledge and relations between students from the four countries, and has been a very positive experience… Continue reading

Why ‘Game of Thrones’ was about ecomodernism

By Chris Giotitsas & Vasilis Kostakis Game of Thrones was arguably about climate change, but the HBO series turned this narrative around by presenting a last-minute technological solution as magically saving the day, the planet, and existence.  !!! SPOILERS AHEAD !!! Game of Thrones was arguably about climate change. George RR Martin himself confirmed that it is… Continue reading

A Bold Agenda for Treating Land as a Commons

The privileges of land ownership are so huge and far-reaching that they are generally taken as immutable facts of life – something that politics cannot possibly address. A hearty salute is therefore in order for a fantastic new report edited by George Monbiot, the brilliant columnist for The Guardian, and a team of six experts. … Continue reading

Book review: The History of Community Development Financial Institutions

Book review by Matt Cropp, republished from Democratizing Finance: Origins of the Community Development Financial Institutions Movement Clifford N. RosenthalFriesen Press, 2019 For those of us working to build the co-op economy in the U.S., Community Development Financial Institutions, or CDFIs, are strategically vital players in making more cooperation happen. Here in Vermont, knowing… Continue reading

Who Owns the Million Dollar Baseball?

Modern capitalism has the conceit that only individual property owners create wealth and they therefore deserve all the rewards. It cannot comprehend the idea that commoners and commons create value. Fortunately, a brilliant young cartoonist from Canberra, Australia, Stuart McMillen, clearly explains the collective origins of wealth through a wonderful extended comic strip. It is… Continue reading

The Circular Economy and The Access Economy

What happens to resource efficiency, recycling and waste management in a world where disownership is becoming the new normal? Image credit As much as it may seem that the nuts and bolts of resource and waste management is about sorting machinery, storage, bins and collection systems, it is really ultimately about people. We know that if… Continue reading

The Bankers’ “Power Revolution”: How the Government Got Shackled by Debt

Posted on The Web of Debt on May 31, 2019 by Ellen Brown This article is excerpted from my new book Banking on the People: Democratizing Money in the Digital Age, available in paperback June 1. The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion… Continue reading

Co-ops and the Global Commission on the Future of Work: Q&A with Simel Esim

How are co-operatives responding to the world of work challenges? Interview by Anca Voinea, originally published at coop news on 1st May 2019 Simel Esim heads the International Labour Organization’s Cooperatives Unit, which manages ILO activities on co-operatives and other social and solidarity economy enterprises (SSEEs). She has been at the helm of the unit since 2012. In… Continue reading

The commons

The commons are collective resources managed by self-organized social systems under mutually acceptable terms. Written by Dana Brown, Director, The Next System Project. Article reposted from The Next System Project They are our collective heritage as a species—both those resources which we inherit from previous generations and those which we create—managed in such a way… Continue reading

How to Create a Thriving Global Commons Economy

Not since Marx identified Manchester’s manufacturing plants as blueprints for the new capitalist society have our political economy’s fundamentals faced a more profound transformation. As structural crises beset capitalism, a new mode of production is emerging: commons-based peer production. This piece by Michel Bauwens and Vasilis Kostakis was originally published on The Next Download… Continue reading

People-powered finance to the rescue?

How we can wrestle back our apps from the tech giants and end surveillance capitalism. Peter Harris: 2018 was the year where the twisted intersection of apps, data exploitation, privacy and corporate tech giants went mainstream. While the issues had been brewing for a while — such as the revelation of addiction design in most apps, the… Continue reading

Siôn Whellens: Incubating worker cooperatives in the changing world of work

“Spotlight Interviews with Co-operators” is a series of interviews with co-operators from around the world with whom ILO officials have crossed paths during the course of their work on cooperatives and the wider social and solidarity economy (SSE). On this occasion, ILO interviewed Mr Siôn Whellens, a member of Calverts, the London branding, design and… Continue reading

Become better together with Enspiral

Part of the appeal in being a worker on new gig-economy platforms like Uber or Taskrabbit is the apparent autonomy, the feeling of not having a boss. Sure, an app on your phone is your new boss, and through it a large, transnational corporation whose investors want nothing more than to automate you away, but… Continue reading