Framing

In the last article, I referred to our get-together on Monday to send healing energy to Eddie. Photographs of the work are now up on the Invisible Universe website that was very much inspired by Eddie. Family Magic Also on the Invisible Universe website is the report on our work since the beginning of May … Read more

Ecology, Climate and Hope

This conversation between Gordon of Rune Soup and Charles Eisenstein begins to unpack conflation of the polarised climate debate with the very real damage we continue to inflict on our habitat and ourselves.

Talking Ecology, Climate and Hope with Charles Eisenstein
Charles is the author of a number of important books including Sacred Economics and The More Beautiful World Our Hearts Know is Possible. He joins us today to talk about his most recent book, Climate: A New Story.
Along the way we tackle many challenging and thorny topics, such as solutionism, polarisation, despair and how to best think with our ecological crisis so that we may return to flourishing.

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Structural Incentives Govern Behaviour

While we are distracted by the daily newsround which provokes fear, outrage and division, we continue to feed the predatory organism by succumbing to the incentives integral to the system. In this video, James Corbett talks to Derrick Broze about how we can opt out of the predatory system.

Derrick Broze on Opting Out of Technocracy
We all know the existential threat that technocracy poses to the human species. So what’s the solution to this problem? Joining us today to discuss this issue is Derrick Broze of TheConsciousResistance.com who has just published How to Opt-Out of the Technocratic State, a guide that eschews fear porn and emphasizes solutions to the encroaching technocratic tyranny.

In the discussion, and no doubt in Derrick’s new book, are various suggestions as to how to “disconnect” from the system, among which are the use of alternative currencies and means of conducting economic relationships.

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Beyond Critical Thinking

Critical Thinking at the Free University has just published the 7th and final iteration of its accumulated research and analysis of political economy, How we live – who rules, how and why?, which explains:

we are at a crossroads and faced with a choice; the choice will differ depending on where people are on their personal journey of discovery. Many have yet to reach the limits of critical thinking in exploring political economy to realise that there lies a world of possibilities beyond;

– events are coming to a head; dramatic changes to the fabric of global society are accelerating. The “powers that shouldn’t be” are preparing for the Cull.

How we live – Who rules, how and why? at archive.org

Below is the Abstract of the final iteration:

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Economics to Save our Civilisation

Posted 5th May 2013 In Critical Thinking we’ve been developing ideas for a new economy and communicating these ideas to other groups to expand the debate on how we may escape the rolling economic crises. This video (53 minutes) is of a presentation to the Chartered Institute for Securities and Investment (CISI) in London. The … Read more

Deja vu – the flaws in our banking and monetary system were well understood in 1933

Posted 20th July 2012 The SOUTHAMPTON CHAMBER OF COMMERCE – REPORT OF THE Economic Crisis Committee 1933 accurately identified the fundamental flaws in our banking and monetary system but like all other threats to the monopoly of banking interests, was buried.  It is not widely available on the internet (although it should be) and it … Read more

Capitalism: A Ghost Story

Posted 22nd March 2012

This article appeared on Information Clearing House on 21st March 2012 – it is posted here in full just in case it gets removed which would be a tragedy.  Arundhati Roy writes incisively and in beautiful prose.  It is long but it is well worth persevering to the end:
http://www.informationclearinghouse.info/article30877.htm

Rockefeller to Mandela, Vedanta to Anna Hazare…. How long can the cardinals of corporate gospel buy up our protests?

By Arundhati Roy

March 21, 2012 “Outlook India” – – Is it a house or a home? A temple to the new India, or a warehouse for its ghosts? Ever since Antilla arrived on Altamont Road in Mumbai, exuding mystery and quiet menace, things have not been the same. “Here we are,” the friend who took me there said, “Pay your respects to our new Ruler.”

Antilla belongs to India’s richest man, Mukesh Ambani. I had read about this most expensive dwelling ever built, the twenty-seven floors, three helipads, nine lifts, hanging gardens, ballrooms, weather rooms, gymnasiums, six floors of parking, and the six hundred servants. Nothing had prepared me for the vertical lawn—a soaring, 27-storey-high wall of grass attached to a vast metal grid. The grass was dry in patches; bits had fallen off in neat rectangles. Clearly, Trickledown hadn’t worked.

But Gush-Up certainly has. That’s why in a nation of 1.2 billion, India’s 100 richest people own assets equivalent to one-fourth of the GDP.

The word on the street (and in the New York Times) is, or at least was, that after all that effort and gardening, the Ambanis don’t live in Antilla. No one knows for sure. People still whisper about ghosts and bad luck, Vaastu and Feng Shui. Maybe it’s all Karl Marx’s fault. (All that cussing.) Capitalism, he said, “has conjured up such gigantic means of production and of exchange, that it is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells”.

In India, the 300 million of us who belong to the new, post-IMF “reforms” middle class—the market—live side by side with spirits of the nether world, the poltergeists of dead rivers, dry wells, bald mountains and denuded forests; the ghosts of 250,000 debt-ridden farmers who have killed themselves, and of the 800 million who have been impoverished and dispossessed to make way for us. And who survive on less than twenty rupees a day.

Mukesh Ambani is personally worth $20 billion. He holds a majority controlling share in Reliance Industries Limited (RIL), a company with a market capitalisation of $47 billion and global business interests that include petrochemicals, oil, natural gas, polyester fibre, Special Economic Zones, fresh food retail, high schools, life sciences research and stem cell storage services. RIL recently bought 95 per cent shares in Infotel, a TV consortium that controls 27 TV news and entertainment channels, including CNN-IBN, IBN Live, CNBC, IBN Lokmat, and ETV in almost every regional language. Infotel owns the only nationwide licence for 4G Broadband, a high-speed “information pipeline” which, if the technology works, could be the future of information exchange. Mr Ambani also owns a cricket team.

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Revolution or Evolution?

Posted 19th November 2011

We stand at an inflection point in history and western civilisation faces a critical choice: Revolution or Evolution.

Jared Diamond’s “Collapse” analyses factors which caused civilisations to collapse in the past.  The factors are relatively few (environmental challenges, external threats or loss of a supporting neighbour, internal disintegration etc.) but what distinguished civilisations which collapsed from those which survived, was the reaction to these threats.  Universally, those that collapsed were led by an elite which became increasingly remote from the majority and instituted selfish, short term policies to protect themselves from the perceived threats.  Meanwhile the populace suffered hardship, famine, and increased suppression.  Sound familiar? Recent, less acute examples, are the French, Russian Revolutions and the rise of China’s communist party (Stalin’s headcount of victims was some 30 million and Mao Tse Tung’s 35 million).

This is what we’re heading for and whether or not you are a short term beneficiary of the current economic system, it would be wise to understand the fundamental root cause of economic turmoil and other global problems.

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Interest and Inflation Free Money – extracts

Posted 29th October 2011
Margrit Kennedy: Interest and Inflation Free Money (Published by Seva International; ISBN 0-9643025-0-0; Copyright 1995 by Margrit Kennedy)
http://userpage.fu-berlin.de/~roehrigw/kennedy/english/

The following extracts are useful in providing quantitative context for why a new interest free money system is needed and the existing monetary paradigm is unsustainable.  The full paper proposes an alternative interest free monetary system.  It describes what a new money system could look like and the benefits.

The numbers relate to Germany prior to 1995 when the paper was written. The inequality of wealth distribution and the interest burden/benefit is even greater today and particularly acute in the privatised Anglo Saxon economies.

First Misconception :

THERE IS ONLY ONE TYPE OF GROWTH

fig1
Curve A represents an idealized form of the normal physical growth pattern in nature which our bodies follow, as well as those of plants and animals

fig2
Even at 1% compound interest, we have an exponential growth curve, with a doubling time of 72 years.

Figure 2 shows the time periods needed for our money to double at compound interest rates:

at 3%, 24 years;

at 6%, 12 years;

at 12%, 6 years.

Story: Persian emperor who was so enchanted with a new chess game that he wanted to fulfill any wish the inventor of the game had. This clever mathematician decided to ask for one seed of grain on the first square of the chess board doubling the amounts on each of the following squares. The emperor, at first happy about such modesty, was soon to discover that the total yield of his entire empire would not be sufficient to fulfill the “modest” wish. The amount needed on the 64th square of the chess board equals 440 times the yield of grain of the entire planet.

That is exponential growth!

The solution to the problems caused by present exponential growth is to create a money system which follows the natural growth curve. That requires the replacement of interest by another mechanism to keep money in circulation.

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Who owns the Federal Reserve Banks?

Posted 29th October 2011

The Federal Reserve Banks (which make up the Federal Reserve Board) are privately owned but the Federal Reserve Board website gives the misleading impression that it is owned and controlled by the US government.

Ownership is stipulated in the Federal Reserve Act and the capital of the Federal Reserve Banks is subscribed by member banks. The member banks receive a 6% dividend annually. The Act also provides for money to be paid over to the government but this in no way means that the Federal Reserve isn’t under the bank member/owners’ control.

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A New World Beckons

Posted 23rd October 2011

Fractional reserve banking is legalised fraud. The issuing of money, by central banks, is theft from the 99%, aided and abetted by leveraged bank lending.

Money as Debt, a 45 minute video, is an introduction to banking from its origins and describes the process by which the 99% are enslaved in debt and the 1% end up with all the power and wealth.

Circulate it to everyone you know. When the 99% understand how they are being robbed, the pressure for change will be irresistible.

Our debt based money system:

finances the military industry complex which depends on perpetual war for its development;

corrupts politics, media and our public institutions, leading the 99% into slavery with their lies;

underpins an economic system which is raping the planet of its resources at an exponential rate and relies on us consuming stuff we don’t need.

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