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Adventures in mutual credit

Despite being repetitive, and often dense, Bookchin writing in the 60s, 70s and 80s makes arguments I've never heard before, and manages to be more convincing and more optimistic than many of his contemporaries, many of whom, he argues are shallow, woolly, misanthropic, or totalitarian! Introduction: the future of the ecology movement Covers most of the themes of the book, but in less detail (1993) Download (59 mins). Will ecology become "The Dismal Science"? Bookchin lays into spiritual ecologistsl, accusing them of mistaking industrialism for capitalism and of Neo-...
This lucid and readable book traverses monetary history and philosophy to explain why money is no longer a tool for social justice, and indicates the kinds of solutions that could set it straight. Download zip file (140MB). Buy the paper book here.
Two years ago I posted a bemused article on Faircoin, which was trading between some members of Faircoop at five times the price it was available on the free market. This was a social experiment being run by Enric Duran as part of his attempts to build a new financial system. It seemed to me a risky venture which depended not only on Duran's integrity, but on everyone's confidence in him. Our language abilities didn't overlap sufficiently for me to be confident that he understood the market he was manipulating. This year however, the project is in a different league. Instead of Enric's...
As readers of my blog you'll be aware of a new initiative, the Credit Commons Collective, to connect three of the larger complementary currency networks, and invite others also to connect. I invite you to sign up to a new mailing list, on which news of that initiative will be broadcast. https://lists.riseup.net/www/subscribe/creditcommonscollective Thanks for being there...
E C Reigel quotes pop up all through the Money as Debt series, and he is a favourite of Tom Greco as well. This short book (...
The Credit Commons Collective is collaboration between, initially at least, three community currency networks. CES has been providing community currency software-as-a-service since 2002 Community Forge has been providing free web sites for LETS and timebanks since 2009 CES Australia became independent from CES in 2011, to run its own local web server. Despite their social impact, these networks find it very hard to engage software developers, to keep up to date, to embrace recent technologies, to be visible to donors. We see the froth of innovation all around us, beautiful new software...
Below is a visual add for the Money & Society MOOC. If you have completed the MOOC, use this html snippet: <a href = "https://iflas.blogspot.com/2014/12/money-and-society-mooc.html"> <img src = "/sites/matslats.net/files/moocAdAlumni.svg" /> </a> or if you just want to promote it, use this <a href = "https://iflas.blogspot.com/2014/12/money-and-society-mooc.html"> <img src = "/sites/matslats.net/files/moocAd.svg" /> </a> The image will expand...
This paper, co-authored with Jem Bendell is our ticket to stand up at the RAMICS conference in Barcelona next month and invite the major complementary currency networks into cooperation around the next generation of software that we all need. The video shows the session where we presented the paper, and called for stronger cooperation between projects around software.
Does cooperativism work? Since 'political economy' became a subject in the 18th century, the predominant political dichotomy has been framed as labour versus capital. Marx talked about 'control of the means of production' as the essential political power that the workers needed to wrest from the capitalists. A great deal of activism and political theory continues in that vein: Gar Alpowitz work What then must we do? is all about rebuilding worker-owned coops and similar institutions. We have 150 years of history testifying to their effectiveness. The movement has waxed and waned, but...
It is my pleasure to offer you this seminal book in audio format, and my tribute to the authors. It cuts to the root of the linguistic, semantic and structural paradoxes not only of modern fiat money, but its several 'paradigm-of-liquidity' precedents; and reminds us of Keynes' genius in showing us a way towards a stable financial system. Introduction Download (6MB) Section 1: Phenomenology 01 Do we know what the financial markets are 02 Liquidity and Risk 03 What is credit 04 What is money 05 Finance starting from the end 06 Capitalism and debt: a matter of life and death...

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