Category: Rethinking money
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Secret alternative rules of Monopoly show how everyone can live in prosperity
I am utterly astonished. We have heard of the DaVinci code, but there is a MONOPOLY code. The secret rules of the game from the early 1900s show how, by changing the rules, everyone can live in prosperity. Back in the early 1900s a woman called Elizabeth J. Magie patented the Landlord’s game to be…
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Time to form the culture we want – starting with small acts of kindness
This is a translation and adaptation of the leader column I submitted – in my capacity as JAK board member – to JAK’s alternative economy magazine, Grus och Guld. JAK is a member- owned cooperative bank offering interest-free loans. Like many JAK members I am driven by the desire to change society for the better.…
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The Units of Trust concept
As populations grow, and less and less oil is being found, the fossil fuel-dependent global supply chains and the banking system that supports them are becoming less functional. Relocalizing production and sales of daily needs reduces fuel dependence, waste, and increases local employment and community resilience. However, today’s financial system is more geared to large…
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Money makes the world go …. green?
Just suppose we all decided – and I mean all of us, politicians, corporates, national economic policy experts, universities, bus drivers, dog owners .. you get the idea… to demand that, apart from everyone doing their level best to live sustainably, that a monetary system would be put in place to drive development in that…
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Is there a cure to stabilize an economy?
The modern economy has undoubtedly given better lives to millions. However, despite years of experience and development of macroeconomic theory, despite decades of Nobel prizes in Economics, there still doesn’t appear to be a way to run an economy without putting severe hardship on a large percentage of the population. And this state of affairs is…
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Jevons paradox bust by new emissions fee mechanism.
Many inventors’ eyes glaze over in wonder at the thought of having the opportunity to invent clean, more efficient, technology. If only there were a market for it, the most wondrous machines could be manufactured and sold at a huge profit, they reason. And pollution would stop. But more effective solutions actually, according to the…
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Suppose capitalism mimicked the way nature works.
Article updated June 6 after consideration of all the recent comments We are stuck. On the one hand you have people who talk about economic growth as being the objective of policy – necessary to be able to pay back debts and achieve prosperity. On the other hand, you have the sustainable camp that claims…
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Putting a price on emissions using ecological maturity impact
The price mechanism does not provide perfect information and does not necessarily lead to a perfectly efficient distribution of resources. Many argue that the low cost of externalizing pollution to the community is leading us to create a fossil-dependent infrastructure that will be obsolete before it has paid for itself. This briefing from the Swedish Sustainable economy…
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Flexible emission fees set new direction towards sustainable development
A recent report from The Nordic Council of Ministers ( title: Flexible emission fees An incentive for driving sustainable production and consumption) is optimistic that growth and environmental goals can be reconciled. If the conclusions of the report can be implemented, it could set a new direction towards sustainable development. The starting point for the…
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Accounting for a crowded but sustainable planet
We need to change the way we account for things as we hit the resource wall. We cannot continue to regard, from an accounting point of view, resources as infinate. Her’s an attempt to form a sustainable approach: In my last post I argued that: Technology is a collection of inventions and capabilities to solve…