Local currencies: what works, what doesn’t
Thomas H. Greco, Jr., author of The End of Money and the Future of Civilization, shares just some of his wealth of knowledge about what works, and what doesn’t, when it comes to local currencies. Read more
How could we build a viable alternative to the current, bank-controlled money system? Interview with Matthew Slater of the Credit Commons Collective
This week we’re talking with Matthew Slater of the Credit Commons Collective, working to build a mutualist, credit-based alternative to the current money system. Read more
We’re running a series of webinars on how we might change the money system – starting with cryptocurrencies
We’re determined to spread the word that any attempts to move towards a more sustainable and democratic world are doomed to failure if they don’t address the money system. Read more
Low-impact strategy webinar: Can we change the world without changing money?
Understanding the money system is key to understanding how the world works, where power really lies, what the implications of that are and what we can do about it. Read more
Can you imagine a world without money? Summary of the ‘credit commons’ idea and how it could be achieved
Last week I blogged about a potentially world-changing idea that could be labelled ‘credit commons’, or the catchy ‘global mutual credit system’. It’s a system of exchange that involves no money. It’s difficult to grasp at first, but the more you think about it, the more you realise that a) it’s implementable, and b) if… Continue reading Can you imagine a world without money? Summary of the ‘credit commons’ idea and how it could be achieved Read more
This is the best attempt I’ve seen at building a sustainable, democratic, (and inevitably moneyless) economy. It’s worth understanding what they’re saying
If you’ve got a sneaking suspicion that whatever we do, we’re not going to transition to a sustainable, democratic future with the current money and banking system, then I agree with you. Read more
How money causes poverty (plus war and ecological destruction), and what could replace it
Exchange has always been part of the human story, whether between individuals, tribes or nations. Some people have what others don’t, due to geography or skill, and exchange is a means of getting what you don’t have, and giving what you have a surplus of. Read more
Where does money really come from? (erratum: there is no fractional reserve system in the UK)
There is a simple conception of the banking system – that banks look after money for savers, and pay them interest. They then loan out that money to other people and charge them a slightly higher rate of interest, and that’s where they make their profit. Read more
What’s the relative value of the world’s gold, Bitcoins, banknotes, derivatives, stocks & shares, property etc. See this incredible visualisation
Do you have any idea of the value of all the Bitcoins in the world, compared to, say, the value of all the silver in the world, or compared to the wealth of Warren Buffet, or compared to the amount of global debt etc.? Read more
