Can we reorganise the way we run things and create a stable core of the economy that will see us through a crisis at least with the very basics and help us out of the other side? This article presents a solution — hoping that it will spark a discussion.
capitalism: a hobby
Let us look at overshoot day from the point of view of economics. By economics I mean the technology of keeping track of housekeeping with resources and keeping track of material obligations to those around us. Economics does not need to be restricted to counting with money. Other measures can be used. And it is fascinating to try it. In this case we can consider that a Nation has its own household that it needs to keep fed and housed, and has its natural resources to do it. We start with a situation however where many nations are living over their means.Read More »Overshoot day August 20: will “economic” reality meet resource reality?
Does your local community need and injection of money to usher in prosperity? No worry, just get your scissors out and make some! This is anyway what a group of local community developers in Sweden are trying. The initiative is a cooperation between Transition Towns in Sweden (the organization that works on a local level to prepare for a world without oil) and ISSS, the Institute of Swedish Safety and Security – an organization that is working to promote resilience and disaster preparedness.
Philip Wyer, chairman of ISSS, the project’s lead partner, explains that the role of his institute is to study the changes occurring in society and relate them to the safety, security and well-being of people. Understanding resilience and ways for society to show resilience in the face of change is a perspective that ISSS covers with the other partners, the Swedish Transition movement and Open World Villages. Most important is to understand the risks society might face and ways to mitigate those potential threats. Philip likens it to preparing for a journey: you cannot be sure of what to take with you until you know if the journey will be along smooth roads, in hot jungle or up freezing mountains. Having understood where you will be going, i.e. what situation society will be in, the analysis, assessment and recommendations follow, utilizing tools including R.A.I.D assessments. This acronym stands for risks, assumptions, issues and dependencies, which enable the organization to understand the current perspective on a potential scenario and analyze the effect of future changes.Read More »Experimental currency in Sweden