Herman Daly analyses how interest (money theory) is related to the function of capital (economic theory) and how both are embedded in a real physical world.
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Peer2Politics
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on peer-to-peer dynamics in politics, the economy and organizations
Curated by
jean lievens
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If the future of finance is going to be digital, we want it to be populated with those who value the deeper tenets of open source philosophy
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In Capitalism what matters is not whether fictional entities or human beings are making money, but whether decision makers are making money.
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Rather than wasting these vast sums on the inhumane machinery of warfare, we could provide emergency assistance to desperate refugees and asylum seekers.
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The Davos elite are increasingly deluded about the role they can play in creating a sustainable future.
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Hard hitting commentary from Chris Hedges on the futility of appealing to corporate-bought regulatory agencies and bodies.
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* Essay: THE TRANSFORMATION OF CONTEMPORARY CAPITALISM AND THE CONCEPT OF A TRANSNATIONAL CAPITALIST CLASS: A CRITICAL REVIEW IN NEO-POULANTZIAN PERSPECTIVE. By Joachim Hirsch and Jens Wissel. From the abstract: “In the last 40 years, various authors have argued that a new transnational capitalist class (TCC) has emerged, which operates across the borders of national …
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A campaign which highlights the true reality of poverty while pointing the way towards real solutions for a fair and sustainable world.
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* Article: Commons for Peace. James Quilligan. Kosmos Journal, FALL | WINTER 2011 Summary: “Although the term ‘human security’ has various meanings, two have predominated.
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Activist and software developer Dmytri Kleiner gives his perspective on Germany's treason scandal to RT International.
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Occupy Banking: a perverse system based on debt with these institutions – who have never been voted in democratically – is hijacking our sovereignty.
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The brutal ‘Islamic State’ is a symptom of a deepening crisis of civilisation premised on fossil fuel addiction, which is undermining Western hegemony and unravelling state power across the Muslim world
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Here are some impressions after reading Karatani Kōjin's Teikoku no kōzō: Chūshin shūhen ashūhen (The structure of empire: Centre, margin, submargin), which is a follow-up on his Rekishi no kōzō (published in English as The Structure of History). Although covering much of the same terrain as the latter, the new work's substantial historical discussions centered on China and Japan are a welcome addition to the older work. The new book also introduces a theoretical novelty, namely the distinction between two kinds of nomadism (an idea that also plays a central role in Yûdôron, a companion piece on Yanagita Kunio and nomadism which also appeared last year). Finally, the new book is notable for its carefully celebratory description of empire, which is shown to contain utopian elements..
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What does the SYRIZA experience have to teach us about the potential of democratic politics to bring about economic and social transformation?
jean lievens's insight:
ACTIVISM COMMONS COMMONS TRANSITION EMPIRE P2P SOCIETY AND POLITICS POLITICSacti
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When are crimes against humanity “arcane references”? When the United States government commits them.
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The approval of the current Trade Secrets directive would lead to very serious threats for citizens who undercover corporate abuses
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"The commons works best by consensus and, unlike capitalism, does not depend on constant growth." Derek Wall on economics after capitalism.
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Jingoists conveniently forget the West's Cold War strategy was to arm the Islamic extremists that became al-Qaida VIDEO
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Few commentators have mentioned that the Volkswagen scandal would not have happened if the software for the pollution-control equipment had been open source
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On the tenth anniversary of Katrina, we republish an invitation to ponder the incapacity of the US government to respond to the disaster in New Orleans. What was at the root of that paralysis? From the archive, September 5, 2005.
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‘Global worker’ designates collective labour that is : i) internationalized by the world-scale expansion of capital, a process in whose long historical arc a turning point is the doubling of the available global labour-power occasioned by the 1989 fall of the socialist states; ii) variegated by an increasingly complex division of labour, conventionally termed ‘the growth of the service sector’ (Soubbotina, 2000), describable in Marxist terms as an expansion of employment in the spheres of circulation and social reproduction; iii) universalized by the inclusion of women–aka ‘the feminization of work’ (Morini, 2007), the growth of production centers outside the global north-west, and flows of migrant labour, all shattering the notion of a white, male working class; iv) connected, albeit to very differing degrees and with many stratifications, to digitalized communications systems – crude but telling indicators are the global count of two billion Internet users and five billion cell phones; v) precarious in its conditions, with a chronic insecurity underpinned by capital’s access to a transcontinental reserve army of the unemployed, a surplus population whose task it is to survive in a state of readiness for work; iv) planet-changing in the effects of its labours, effects that, while historically cumulative, are only now becoming visible in global bio-crisis.
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Ever since Bill Clinton and the World Bank enthusiastically embraced the microfinance concept in the 1990s, we at Local Futures have been skeptical of its benefits.
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The crushing of political choice is not a side-effect of this utopian belief system but a necessary component. Neoliberalism is inherently incompatible with democracy, as people will always rebel against the austerity and fiscal tyranny it prescribes. Something has to give, and it must be the people. This is the true road to serfdom: disinventing …
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It’s not everyday that we get to see great masses of people alter their attitudes as a cherished act of motherhood is converted into a lucrative market.
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