by Charles Eisenstein As the economic meltdown proceeds to its next phase, we begin to see the unreality of much that we thought real. The verities of two generations become uncertain, and despite a lingering hope that a return to normalcy is just around the corner — in “the third quarter of 2009” or “by the middle of 2010” — the realization is dawning that normal is not coming back. When faced with an abrupt shift in personal reality, whether the death of a loved one, or the Gestapo coming into town, human beings usually react first with denial. My … Continue reading Money and the turning of the Age
by Mark Anielski “One must make a new system that makes the old system obsolete.” — Buckminster Fuller The greatest threat to the pursuit of genuine happiness and well-being is our current debt-money system. In the face of an international debt-crisis, it is remarkable that there is no serious discussion about the nature of money, or about how, and who creates our money. While meaningful conversations about alternative measures of progress (e.g. Gross National Happiness, Genuine Progress Indicators) are now under way, these efforts will ultimately fail without understanding that the current debt-based money system must be fundamentally restructured. The … Continue reading Redesigning money for well-being and happiness
by Tom Atlee Wisdom involves taking into account the larger truths about what is and why it is that way — and then living into that understanding in one’s everyday actions. When I speak of ‘wise capitalism’, I’m not speaking of wise business. I’m speaking of the ideology and economic system of capitalism maturing into awareness of what’s happening in the world and its role in that, and having that understanding transform it into a higher form of its own being. The businesses within it may or may not be wise, themselves. But they will behave in wiser ways because … Continue reading Wise capitalism?
by Uri Gordon It cannot be enough to criticize capitalism, even from a distinctly anarchist point of view. Nor will it do to merely construct models of free and equal economic arrangements, no matter how inspiring and realistic. In addition to these, the discussion of anarchist economics must also involve a look at ways of getting from here to there. In other words, it requires that we examine anarchist economics in terms of concrete, present-day practices and assess their role within the more general context of anarchist revolutionary strategy. In this chapter I attempt to initiate such a discussion, by … Continue reading Anarchist economics
The US dollar’s (USD) continued decline in international standing took the next inevitable step reflecting the systemic failure of capitalism. The predictable effects of unbridled capital accumulation in America manifests itself yet again in recent media reports that China and Japan are promoting direct currency exchanges to facilitate commerce and profits for their enterprises and boost bilateral trade. The move essentially is to replace the USD as a reserve currency and allows both East Asian economic giants to convert yuan and yen directly, and so by-passing currency conversion via USD. This also saves on currency conversion costs. The move effectively … Continue reading Taking notes 1
by Douglas Rushkoff As highly corporatized people, it’s only natural for those of us interested in addressing our social and environmental rehabilitation to do so from within our roles as employees, consumers, and maybe shareholders. We rarely relate to one another very directly as it is, so it’s a bit much to expect us to engage together in a pursuit as foolhardy as the reinstatement of the social fabric. Instead, like corporations, we tend to prefer to express our charitable and community impulses from afar. Lord knows there are plenty of people who need our help, and their advocates seem … Continue reading A new form of activism