Posts

nef launched the happy planet index today! where would you rather live?

charles eisenstein talking about the gift economy. same guy that was featured in the awesome occupy love clip! his video speaks a lot to me, and the solutions he lists make a lot of sense (negative interest, internalization of costs, social dividend, relocalization, p2p finance), gonna check out his book!

an economy that embodies the principles of the gift is an economy that is simply grounded in the truth. the task before us is to align money with the true expression of our gifts.

nice reuters article as well. and germany ranks high on the tax evasion list, in GDP percentage it’s even twice the rate of the US!

reuters:

The corporations that occupy Congress. – David Cay Johnston

another interesting trailer! the expression ‘how the global economy really works’ is bordering on being too conspiratorial for me, but it features some highly distinguished thinkers, including chomsky and stiglitz. the film seems to make a lot of sense however.

its thesis: ‘capitalism hasn’t failed – it has worked perfectly according to the rules the systems creators have established at the detriment to those who can least afford it.’

unlimited (economic) growth – in my view, the most dangerous assumption underlying the failing systems. we’ve built an ‘intergenerational ponzi scheme’, where we “steal from the future, sell it in the present, and call it GDP.” the quote is from paul hawken, and i found it on the blog of the brilliant kyra choucroun, who wrote a very insightful post on breaking out of the unlimited growth mindset!

i posted the post carbon institute’s brilliant analysis of unlimited growth and its impact on the environment a while ago, well worth taking the time to watch. as naomi klein pointed out in her #occupywallst address, these two issues are inextricably linked: “The new normal is serial disasters: economic and ecological.”

the script for the video comes from andrew simms, fellow at the new economics foundation (NEF), one of the most important institutions to help us find a way out of the mess we’ve gotton ourselves into. i am very much looking forward to #occupytogether on october 15 and hope it can be a start to turn things around.