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
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 specific characteristics – they were not merely symbolic or decorative objects.
This is a revised version of my talk for the 2017 Festival of Ideas for Change, on why we need to reform laws governing the way money is repeatedly created, destroyed and created again for the benefit of those seeking wealth and power.
In a previous post entitled Is our credit creation system the father of all pathogenic human interferences?, I endeavoured to compare and contrast the delocalized mitochondria that sufficiently powers our cells in our bodies via ATP production (without debt and interest production), and our centralalized banking system that insufficiently disempowers our communities in our nation-states via debt-producing compound-interest… Read More
Reproduced from: http://positivemoney.org/2017/06/bank-robbery-reform-1/ WRITTEN BY IVO MOSLEY (GUEST AUTHOR) ON JUNE 17, 2017. Imagine a world where huge amounts of money are created out of nothing for private profit and destroyed again once profit is taken, so that new money can be created again (and again, and again) – for private profit. Imagine a world where… Read More
http://www.lettersofnote.com/2012/10/people-simply-empty-out.html https://www.presidency.ucsb.edu/ws?pid=29502 by Ivo Mosley http://www.cobdencentre.org/author/ivo-mosley/ Ivo Mosley studied Japanese for a first degree and Musical Theatre for an MA. He has written fiction, plays, and cultural criticism for many publications, both mainstream and fringe. He became interested in money creation while writing on the illusion of democracy, identifying money-creation by banks as the murkiest… Read More
Published on Nov 28, 2016 Detailed Index – Professor Richard Werner’s Talk: 1 – Why is banking so important for the economy, society and the sustainable development of regions and communities? 2 – What causes the recurring boom-bust cycles and crises? 3 – What policies or banking systems have historically been most successful in avoiding… Read More