UNMET NEEDS AND UNUSED CAPACITIES: TIMEBANKING AS A SOLUTION | Neva Goodwin, PhD and Edgar Cahn, JD, PhD

In market economies many human activities have little or no money value; these include, especially, the kinds of caring labor that are supplied, mostly by women, mostly in homes and communities. Nevertheless, there is, as ever, a great need for such activities. At the same time, wealthy societies are producing ever more people who suffer from feeling that they have little or nothing of value to offer to the world. Retired people, in their growing numbers, are the most obvious examples, but teenagers and other youth, who in other societies can contribute significantly to the well-being of a family or a community, are seldom seen as assets in modern economies. Market-dominated societies have had difficulty expressing the value of work that is not organized for profit. Such work is undertaken in the public purpose economy, consisting of governments and their agencies as well as non-profit organizations. Much of this kind of work is also undertaken in the core economy, where households and communities carry on their internal activities of resource management, production, distribution, and consumption. The core economy and the public purpose economy, together with the market economy, are a trio that are differentiated by their goals; by what kind of demand they respond to; by how they define and reward work; and by what kind of currency they use. TimeBanking is an innovation in currency that turns out to affect all of these areas by getting us out of the binary box that classifies all contributions in just two ways: work (defined in market terms), or volunteering (defined as uncompensated labor). Responding effectively to different values and goals than those recognized in the market, TimeBanking has been shown able to respond to a wide variety of unmet needs by creating relationships where everyone can get some of their needs met, and everyone is valued for what they can offer. Read More

Eminent Domain: The Just (in time) Solution to Definitively Address the Roadblocks to Climate Action

WHAT IS EMINENT DOMAIN? Eminent Domain The power of the government to take private property and convert it into public use. The Fifth Amendment provides that the government may only exercise this power if they provide just compensation to the property owners. see, e.g. Loretto v. Teleprompter Manhattan CATV Corp. 458 US 419 (1982). The… Read More

‘Modern Money Systems: Understanding the Monetary Mechanics of Value’ & ‘The State vs. Government: Opposing Concepts of Authority’ | John Laurits

Modern Money Systems: Understanding the Monetary Mechanics of Value Reproduced from: https://www.johnlaurits.com/2018/mmt-modern-money-system-explained/ February 18, 2018 Modern money is a strange thing. To most of us, money appears as something continuously given to landlords and businesses to secure a place to live, food to eat, and all the little parts to make that thing called “a living.”… Read More

The Spider’s Web: Britain’s Second Empire (Documentary)

Independent POV Published on Sep 14, 2018 At the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions and Britain and… Read More

Money, Myths, Monetary Dynamics, Modelling and Minsky | Prof Steve Keen

New Economic Thinking Published on Feb 2, 2014 The financial crisis that ran from 2007 to 2009 has been called a “Minsky Moment,” meaning it offered a much-needed reminder to all economists of Hyman Minsky’s neglected dictum that “capitalism is essentially a financial system.” But even with this reminder, it is hard to know what… Read More

Seeding, Feeding and Weeding our Physical, Mental and Social Gardens of LIFE | WINNFM – OPERATION ROOM August 21 2018

On August 21st, 2018, I was invited on Dwyer Astaphan’s Operation Rescue Radio Talkshow on Winn FM 98.9 to discuss a wide range of issues that deal with the health of individuals and society. I have used the definition from the Wold Health Organization as the base for the discussion. Also I have used the… Read More

“Shelling Out: The Origins of Money” by Nick Szabo (2002)

Reproduced from: https://nakamotoinstitute.org/shelling-out/ Shelling Out: The Origins of Money Nick Szabo Originally published in 2002 Abstract The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot – including problems of reciprocal altruism, kin altruism, and the mitigation of aggression. These precursors shared with non-fiat currencies very… Read More

David Korten: Change the Story, Change the Future: A Living Economy for a Living Earth | Emerging Future Podcast

International best-selling author, speaker, and engaged citizen, David Korten, is a living embodiment of curiosity, compassion and courage, whose wisdom comes from many years of exploration and experience. In early adulthood David devoted his career to ending poverty. Later after holding a faculty position at Harvard he made a permanent break with academia which he… Read More

A MUST WATCH! The End-Game-Plan of our Social Cancer Stem-Cells Revealed! / The Need for a Peace-Keeping Life-Valuing Media Alternative as a Counterbalance to this Social Cancer!

  Below are two emails I penned yesterday and disseminated which I am reproducing here (with minor spelling and grammatical corrections). Dear Colleagues: It is fitting that this be shared as I have been following Prof Werner’s work over several years and there is life-value consilience between McMurtry’s (LVOA), Galtung’s (Peace Studies), Eisler’s (Cultural Transformation… Read More