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Paul Vigna explains how Bitcoin currency and the blockchain distributed ledger system are laying the groundwork for alternatives to today’s monetary system.
The legitimacy of a given social order rests on the legitimacy of its debts. In traditional cultures, debt was a glue that held society together.
* Book: Major Douglas. The Policy of a Philosophy. Social-Credit.com, 2015 Here’s the description from the publisher: “The year is 1934. Montague Norman is governor of the Bank of England, Sir Otto Niemeyer is at the Treasury. The Great Depression is on the wane but the industrialized world is still reeling from its effects. In …
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What makes a lot of people uncomfortable about a phenomenon like Uber, when you get right down to it, is how it is owned.
This brilliant infographic is from March 2014 but still worth sharing. It was originally published at Cryptocoins News Everyone knows that global wealth is unevenly distributed. The top 1% has control over almost 50% of the global economy.
Michel explains what the FLOK Society is and how it can help Ecuador to become a p2p and commons-oriented society. At the end of May the proposed policies of FLOK will be presented amongst politicians from Ecuador and the whole of South America as well as civic society.
It is something of a tradition for us to have an end of year review, so as we leave 2014 behind and welcome in the New Year, it’s worth looking back on some of the most popular posts here on the P2P Foundation blog, and to consider how these reflect broader developments in P2P and Commons movements.
Today we present the first of 3 parts from Co-operative Commonwealth: De-commodifying Land and Money a paper prepared by Pat Conaty for the 13th International Karl Polanyi Conference at Concordia University, Montreal on 6-8 November 2014. Pat is research associate of Co-operatives UK, a Fellow of New Economics Foundation and author with Mike Lewis of The Resilience Imperative Cooperative Transition to a Steady State Economy. We will publish Part 2 on Wednesday Dec 31st and Part 3 on Friday Jan 2nd.
Alain Ambrosi talks in a panel moderated by Ludwig Schuster with Gwendolyn Hallsmith, Pat Conaty, Anne Snick and Handro Sangkoyo.
As host of the weekly C-Realm podcast, KMO holds a singular position, acting as facilitator for a wide range of perspectives on economics, consciousness, resource depletion, techno-utopianism, climate change, etc. KMO’s own evolving worldview combines all of the above into a very unique and nuanced analysis that informs the underlying, and not always immediately evident, C-Realm narrative.
Continuing our serialization of Penny Nelson’s interview with Douglas Rushkoff for HiLobrow magazine, this week the conversation turns to the emotional components of debt, the inherent structures of corporations and why men must be kept busy with the front lawn. We recommend that you read the first part if you haven’t already, to get some context. Please, check back on Friday for the third and final installment.
“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.”
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We now regard lending as principally a technocratic province of economics. The result is a financial system whose most serious risks fall to the vulnerable.
The sustainability and legitimacy of our global systems are called into question, our network cultures point to possibilities for mutual prosperity.
In the present day, high art and high finance (or big art and big finance) go hand in hand.
Bitcoin has taken quite a beating for its libertarian design biases, price volatility due to speculation, and the questionable practices of some currency-exchange firms. But whatever the real or perceived flaws of Bitcoin, relatively little attention has been paid to its “engine,” known as “distributed ledger” or “blockchain” technology. Move beyond the superficial public discussions about Bitcoin, and you’ll discover a software breakthrough that could be of enormous importance to the future of commoning on open network platforms.
The cost of access to land is essential to the provision of affordable housing. Likewise the cost of access to money is fundamental to economic health.
The following is an original contribution by Olivier Auber, a research associate at the Free University of Brussels (VUB) and part of the Evolution, Complexity and COgnition group (ECCO) and the Global Brain Institute. Scroll to the bottom of the post to see the accompanying slides.
Today we present part 3 from Co-operative Commonwealth: De-commodifying Land and Money a paper prepared by Pat Conaty for the 13th International Karl Polanyi Conference at Concordia University, Montreal on 6-8 November 2014. Pat is research associate of Co-operatives UK, a Fellow of New Economics Foundation and author with Mike Lewis of The Resilience Imperative Cooperative Transition to a Steady State Economy. We published Part 1 on Monday Dec 29th and Part 2 on Wednesday.
Today we present part 2 from Co-operative Commonwealth: De-commodifying Land and Money a paper prepared by Pat Conaty for the 13th International Karl Polanyi Conference at Concordia University, Montreal on 6-8 November 2014. Pat is research associate of Co-operatives UK, a Fellow of New Economics Foundation and author with Mike Lewis of The Resilience Imperative Cooperative Transition to a Steady State Economy. We published Part 1 on Monday Dec 29th and will publish Part 3 on Friday Jan 2nd.
Charles Eisenstein follows up his work on Sacred Economics with this short essay on the uncharted, and challenging relations than emerge from gift economies.
An introduction to Fair.coop, a Commons oriented Transnational Project aimed at designing a new economy backed by a cryptocurrency: Faircoin.
Here’s a very special treat. Originally published on Guerrilla Translation, Movimiento por la Democracia´s “Charter for Democracy” stands out as premier example of citizen-led solution making to the various crises we face. It is a constitution for the commons written by commons.
He found bitcoin was used to buy web services, software, hardware, gambling services, and (in the heyday of the Silk Road) narcotics. Topping the list though, when measured in terms of the number of transactions, was tipping and donations.
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