Mutual credit is a solution to the COVID-19 economic crisis
This is the first in a series of articles over the next week or so about how mutual credit can help us get through the economic problems caused by the corona virus. The main points to get across are: There’s going to be a shortage of money. Mutual credit is a moneyless trading system. That’s… Continue reading Mutual credit is a solution to the COVID-19 economic crisis 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… Continue reading What’s wrong with billionaires? 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… Continue reading Disillusioned with the parliamentary route to a better society? Here’s an alternative. Read more
Is Greta Thunberg right, and if so, what do we do about it?
I identify with Greta Thunberg. I’m also aspergic, and I understand why she’s so motivated. I talked with several people over the Christmas period who don’t like her, for various reasons – her voice; her team fly even though she doesn’t; her parents are manipulating her; she’s too angry; she once used a plastic bottle,… Continue reading Is Greta Thunberg right, and if so, what do we do about it? 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… Continue reading What I’ve discovered about the money system and how the world is run, since working with the Open Credit Network 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… Continue reading 26 questions from a 10-year-old to his parents about the election Read more
Become one of the first movers in a new, collaborative economy: Open Credit Network Alpha launch
Lowimpact.org are working with Open.coop to build a new, co-operative, moneyless, mutual credit trading system for the UK, with a view to joining many similar schemes around the world to create a new global trading system, that requires neither banks nor interest. The point of this article is to invite you, if you own or… Continue reading Become one of the first movers in a new, collaborative economy: Open Credit Network Alpha launch 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
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
We’re on the Extinction Rebellion main stage in central London on Thursday afternoon
I’m excited to report that we’ve been given an hour on the main stage at Extinction Rebellion in the Mall on Thursday afternoon from 2pm. When I say ‘we’, it will be me and Oliver Sylvester-Bradley of the Open Co-op – we’ll speak for 10 minutes each, then take questions for 40 minutes. We’ll be… Continue reading We’re on the Extinction Rebellion main stage in central London on Thursday afternoon Read more
Does anybody fancy a free, one-day course on the viable system model (VSM)?
I recently interviewed Trevor Hilder, a specialist in the viable system model. I’ve been interested in it for a while, since I heard from credible sources that it could be a valuable tool for building the new economy. Read more
Networking small businesses and co-ops to replace corporations: Micky Metts on the new economy
This is part 2 of a conversation with Micky Metts of Agaric – a co-op in Boston, Massachusetts that provides online tools for other co-ops. Part 1 is here. I told Micky about some of the meetings and discussions we’ve been having in the UK with people working to build ‘new economy’ infrastructure, like community… Continue reading Networking small businesses and co-ops to replace corporations: Micky Metts on the new economy Read more
What’s the difference between capitalism and a free market?
People usually conflate the two, but I want to try to persuade (mainly the right) that capitalism is nothing like a free market, and (mainly the left) that there’s nothing wrong with a truly free market. Read more
How to build a global, moneyless, interest-free trading system: Matthew Slater of the Credit Commons Collective
Today I’m talking with Matthew Slater, author of the Credit Commons white paper – an idea to link together mutual credit schemes anywhere in the world to create a global, moneyless trading system. Read more
Joining the dots of the climate crisis with Matthew Slater
Community currency engineer Matthew Slater shares his latest thoughts, joining the dots on the current climate crisis and what the near future may hold for human civilisation. Read more
Come to our public event on the Open Credit Network, July 18th, London
As you know if you follow this blog, Lowimpact.org and the Open Co-op have partnered up to build a mutual credit network for the UK, the Open Credit Network (OCN), and that we have people on board who are working to develop the ‘credit commons’ – a way of linking together mutual credit schemes anywhere… Continue reading Come to our public event on the Open Credit Network, July 18th, London Read more