Excerpted from his blog, Stan Jourdan talks about his new role working with Positive Money and how it ties in with his previous work on Basic Income. After serving for the past 4 years as coordinator for the basic income movement in France and at European level, I will now be focusing on monetary reforms… Continue reading
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Heteconomist’s critique of Positive Money’s proposals
“The real question to me is not whether private banks should be allowed to create money through the lending process, but whether – and to what extent – there should be private banking at all. Nationalized banking, at least the nationalization of big banking, should be considered, in my opinion.” A few days ago, we… Continue reading
Podcast of the Day/XE: Positive Money
From our friends at The Extraenviromentalist Podcast. From the episode notes: Critics of quantitative easing highlight the absurdity of creating money from nothing to paper over terrible investment decisions. Yet, what about all of the money created by banks before 2008? Incorrect narratives of money have misdirected and befuddled our thinking on finance and currency, limiting our… Continue reading
Ben Dyson and Andrew Jackson on ‘debt-free’ Positive Money Reform
The Renegade Economists interviewer met Ben Dyson and Andrew Jackson from Positive Money (U.K.) and listened to their proposals to reform the monetary system:
Designing for positive emergence (Majorca as a case study)
[…]The last three sections on ethics, aesthetics and complexity might seem theoretical, but, as we saw earlier, to break through to a new way of thinking about our problems, we need to ask deeper questions about the theories that currently inform our practice. Let me make the theory more palpable by relating it to aspects… Continue reading
Money Maker: the game to teach the world about banking
Republished from International Money Reform Paul Brinkkemper: Have you ever tried to explain to someone how money is created as a loan by banks? Then you most likely came across misunderstanding, disbelief and apathy. If the movement for monetary reform is to gain influence among the general public, we have to educate many people. To… Continue reading
These 5 Rebel Movements Want To Change How Money Works
There have always been movements with dissenting views on the money system: how it runs and whom it works for. But in the aftermath of the 2008 financial crisis, a new wave of money agitators has emerged, each with very distinct ideas about what money means. From bitcoin evangelists to advocates of modern monetary theory,… Continue reading
Money Matters! Why Monetary Theory and Policy Is a Critical Terrain For the Left
A panel moderated by Gar Alperovitz, Co-Chair of The Next System Project and featuring Pavlina Tcherna (Associate Professor and Chair at the Department of Economics at Bard College), Stephanie Kelton (Professor of Public Policy & Economics at Stony Brook University), Michael Hudson (President of The Institute for the Study of Long-Term Economic Trends (ISLET) and Raúl Carrillo… Continue reading
What if economic growth isn’t as positive as you think?
If we don’t quickly create a new economy that isn’t based on constant expansion, we’re going to run out of planet. Martin Kirk: When Donald Trump says “Make America Great Again,” he’s alluding, at least in part, to the promise of economic growth. Just as when Bill Clinton said, “it’s the economy, stupid,” he was… Continue reading
Global population does not want commercial banks to stay responsible for creating most of the money
A very interesting report on public perception regarding money creation. Originally published in Positive Money’s website. More than 23,000 people in 20 countries were asked about who they think actually creates 95% of the money in circulation and who they think should create most of the money. These questions were part of the Glocalities survey… Continue reading
Democratic Money and Capital for the Commons
DEMOCRATIC MONEY AND CAPITAL FOR THE COMMONS Strategies for Transforming Neoliberal Finance Through Commons-Based Alternatives By David Bollier and Pat Conaty. A Report on a Commons Strategies Group Workshop in cooperation with the Heinrich Böll Foundation. Berlin, Germany / September 8-10, 2015 Download this Executive Summary as a PDF. “Democratic Money and Capital for the… Continue reading
Democratic Money and Capital for the Commons: Exec. Summary and Full Report
DEMOCRATIC MONEY AND CAPITAL FOR THE COMMONS Strategies for Transforming Neoliberal Finance Through Commons-Based Alternatives By David Bollier and Pat Conaty. A Report on a Commons Strategies Group Workshop in cooperation with the Heinrich Böll Foundation. Berlin, Germany / September 8-10, 2015 Download this Executive Summary as a PDF. “Democratic Money and Capital for the… Continue reading
Democratic Money and Capital for the Commons
One of the more complicated, mostly unresolved issues facing most commons is how to assure the independence of commons when the dominant systems of finance, banking and money are so hostile to commoning. How can commoners meet their needs without replicating (perhaps in only modestly less harmful ways) the structural problems of the dominant money… Continue reading
Why Free Money Day Makes You Richer
A contribution from Tegan Tallullah, co-director and blog manager of the Post Growth Institute, one of our Commons Transition Partner Projects. In a world where hoarding wealth is considered the norm, giving money to complete strangers, with no strings attached, seems like a radical idea. Yet, for the hundreds who have taken part in Free… Continue reading
Herman Daly: Nationalize Money, Not Banks
Excerpted from Herman Daly: “If our present banking system, in addition to fraudulent and corrupt, also seems “screwy” to you, it should. Why should money, a public utility (serving the public as medium of exchange, store of value, and unit of account), be largely the by-product of private lending and borrowing? Is that really an… Continue reading
Assessing the Greece / Eurogroup negotiations (2): a positive evaluation by Tom Walker
This battle is a very long way from over. There are more key moments this week, and no doubt there are many weeks and months of crunch points still to come. The last thing we should be doing is abandoning Syriza because it hasn’t fulfilled all our hopes in the first few weeks after its… Continue reading