Beware of progress traps

The excerpt is part of a must-read analysis of the neoliberal neo-environmentalist movement, which unfortunately sees no alternative between the dead-end of commodifying nature and green defeatist survivalism. Midway in the essay, author Paul Kingsnorth discusses the important notion of the ‘progress trap’: “IN HIS BOOK A Short History of Progress, Ronald Wright coins the… Continue reading →

How deterritorialized idea communities challenge geographic democracies

Republished from Tiago Peixoto, who has a really excellent blog on the challenges of participatory democracy: “It is easy to identify an existent and increasing disjunction between representation based on territorial constituencies and the preferences of citizens that, many times, are not circumscribed by any territory. In practice, such a fact leads to a representation… Continue reading →

Video of the Day: Sacred Economics with Charles Eisenstein – A Short Film

“Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme – but in the wake of their collapse, we may find great opportunity to transition to… Continue reading →

P2P money transfer to occupy banks’ lucrative international transfer business

Could exorbitant fees and bad exchange rates for international bank transfers soon be a thing of the past? TransferWise (http://transferwise.com/) and CurrencyFair (http://CurrencyFair.com/) are two internet-based money transfer services which openly compete with banks for the lucrative business of transferring money from one country to another. The services are modeled on the technology that powers… Continue reading →