I’ve got a book deal with Chelsea Green, which is quite scary. They like my writing style, but the content needs a bit of translating for a wide audience. The Covid pandemic provided the stimulus to bring together a group of specialists to form ‘Mutual Credit Services’ (new website coming soon). My role is in the ‘propaganda department’ – hence the book. The book is about building a new economy with mutual credit at the core. Read more …
The 'democracy problem' articles
Are power hierarchies inevitable in human society?
Just to be clear, I’m only talking about institutional, power hierarchies here, not hierarchies based on beauty, knowledge, intelligence, ability, respect etc. Those hierarchies are inevitable, of course, and life would probably be quite boring without them. Read more …
WWF shocking report on wildlife, and why the response will be inadequate
It’s been a while since wildlife—not just a species here or there but wildlife at large—has been front and center in the news. Usually the biggest environmental news pertains to climate change at the global level, or local pollution problems such as lead in the water pipes. “Biodiversity” gained traction as an issue in the 1990s, but seems to have slipped off the public’s radar. (When’s the last time you saw it in a prominent newspaper headline?) Read more …
My tribute to David Graeber: please read his words
Maybe David Graeber’s death can challenge us to take a few minutes to think about the demonisation of the word anarchism. I believe that the two fundamental assumptions of anarchism are correct – that: Read more …
Beware the ‘Great Reset’: a power grab by billionaires
The world is run by and for billionaires. If you’d prefer it to be run democratically, for all of us, then don’t be fooled by the ‘Great Reset’ – a request by the corporate and financial sectors for governments to give them taxpayers’ money to take more control. Read more …
Water For Rojava international solidarity fund
Dave Darby shares news of a crowdfunding campaign launched by the Solidarity Economy Association to rebuild vital water infrastructure in North and East Syria. Read more …
Chris Cook’s tour of the oil markets: from Nixon to Trump
Today I’m talking with Chris Cook, who designed and built the Iranian Oil Bourse (see Wikipedia for a timeline of the events Chris describes), which could help move the world away from the petrodollar. We’ll be talking more about that later. Read more …
‘The Case for Community Wealth Building’: review
This is the first of three articles in three days about ‘community wealth building’ (CWB) and mutual credit. Today we’re explaining community wealth building, and reviewing a book: The Case for Community Wealth Building. Tomorrow we’ll blog about how mutual credit can help post-Covid communities, and on Monday, Dil Green continues the theme, explaining how CWB and mutual credit is a match made in heaven. Read more …
Post-corona: ‘getting back to normal’ is suicidal – here’s the alternative
“For those who dream of a return to “normalcy”: normalcy was standing on the tracks watching an oncoming train & arguing about how fast it was going. Something just banged into us & sent us sprawling. It hurt. A lot. Now let’s get up, but NOT get back on the tracks again.” – David Graeber
Post-corona: ‘getting back to normal’ is not just a bad idea – it’s suicidal
There’s been a lot of talk about ‘thanking’ coronavirus for giving us the breathing space to re-evaluate, and for giving nature some breathing space too. This isn’t one of those articles. I don’t find it compassionate to thank a virus that’s killing thousands of people, and closing millions of small businesses, allowing Amazon to hoover up almost the entire economy. That’s not the kind of world I want. Read more …
What’s wrong with billionaires?
I came across a clip recently (see below) of a radio host filled with incredulity that someone might actually believe that the existence of billionaires is a bad thing. Surely any antipathy towards the super-wealthy must be based on envy or ideology? Don’t they create jobs? Aren’t they philanthropic? Don’t they pay a lot of tax? Aren’t they good role-models for our children? Read more …
Coming together to build a new economy: Matthew Slater, barefoot economist and Credit Commons co-designer, Part 2
In part 1 I described why a resilient economy needs be to separate from the failing capitalist juggernaut and that we need to start by finding new economic partners from without the Market. Read more …
Starting from scratch: Matthew Slater, barefoot economist and Credit Commons co-designer, Part 1
Donald Trump recently derided Greta Thunberg and everyone pleading with government to heed environmental science as ‘doomsayers’. The more imminent peak oil or environmental collapse appear, the more intransigent our political system seems to be. Whatever the reasons for this, responsible citizens can only accomplish so much while the political and economic winds are blowing against them. Read more …
Disillusioned with the parliamentary route to a better society? Here’s an alternative.
Before the election in December, I had a ‘lively debate’ with a friend – an old-school Labour supporter and Corbynite – who was trying to convince me that the only way that we can have an effective social safety net is by voting in a genuinely redistributive party, taxing the rich properly and spreading wealth back into communities. Read more …
What I’ve discovered about the money system and how the world is run, since working with the Open Credit Network
In the summer of 2018 I went along to Open2018 to see Matthew Slater talk about how we might shake up the money system with a global Credit Commons. After his presentation, Matthew and I met with Oliver Sylvester-Bradley of the Open Co-op, who organised the event, and decided to build a mutual credit network for the UK. Read more …
26 questions from a 10-year-old to his parents about the election
At a dinner party on Saturday evening, I had a discussion about a) the efficacy of elections for bringing about meaningful change, and b) the desirability of the quest for perpetual economic growth (I didn’t feel positively about either of those things). Our hosts’ 10-year-old son was listening carefully, after which he expressed his intention to interview his parents about their thoughts on the election, and to film it, possibly for YouTube. Read more …
New topic – ‘commoning’ – and why ‘the Tragedy of the Commons’ is wrong
At university, back in the 80s, we were taught about ‘the Tragedy of the Commons’ – an essay by Garrett Hardin, about how common resources are always abused, because humans are basically selfish. It seemed plausible at the time, but has since been shown to be false. Read more …
Can elections really change anything?
Can elections really change anything? Dave Darby of Lowimpact.org shares his views on the question in the run-up to the general election.
Read more …
How the REA / Value Flows model can change the world: Lynn Foster of Mikorizal (Part 2)
Here’s the second part of our interview with Lynn Foster of Mikorizal and the Value Flows model. Part 1 is here. Read more …
Understanding the REA / Value Flows model: Lynn Foster of Mikorizal (Part 1)
Today Dave Darby of Lowimpact.org / NonCorporate.org is talking with Lynn Foster of Mikorizal and the Value Flows model. We’ve heard some very good things about her work, together with her partner, Bob Haugen. Read more …