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Local Currencies, Local Investment, and the Emerging New Economy
Local currencies and the emerging new economy
Curated by John Boik
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If We Release a Small Fraction of Arctic Carbon, 'We're Fucked': Climatologist

If We Release a Small Fraction of Arctic Carbon, 'We're Fucked': Climatologist | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Dr. Jason Box knows the Arctic, he knows climate change, and he knows how to pull no punches when engaging the public.
John Boik's insight:

Unexpected mega flare of methane bubbling up from arctic ocean floor. Could be catastrophic if it continues.

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Part 1: Legal Basics for Complementary Currencies

Part 2 is coming soon! Part 1 addresses: - Laws prohibiting complementary currencies - Laws limiting the form of currencies - Currencies and the US Constitution - Paying employees with complementa...
John Boik's insight:

Helpful video on legal aspects of local currencies from the Sustainable Economies Law Center

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Biologist warn of early stages of Earth's sixth mass extinction event

Biologist warn of early stages of Earth's sixth mass extinction event | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
The planet's current biodiversity, the product of 3.5 billion years of evolutionary trial and error, is the highest in the history of life. But it may be reaching a tipping point. Scientists caution that the loss and decline of animals is contributing to what appears to be the early days of the planet's sixth mass biological extinction event. Since 1500, more than 320 terrestrial vertebrates have become extinct. Populations of the remaining species show a 25 percent average decline in abundance. The situation is similarly dire for invertebrate animal life.
John Boik's insight:

Human-caused mass extinction may be on horizon. Time for a radical change in course.

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Six ways to design humanity and localism into Smart Cities

Six ways to design humanity and localism into Smart Cities | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
The Smart Cities movement is sometimes criticised for appearing to focus mainly on the application of technology to large-scale city infrastructures such as smart energy grids and intelligent trans...
John Boik's insight:

The smart city as if people mattered.

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UK cities to adopt decentralised energy production and stop ‘big six’ monopoly - Climate Action Programme

UK cities to adopt decentralised energy production and stop ‘big six’ monopoly - Climate Action Programme | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Climate change news archive, solar power, sustainability, nuclear power, smart cities, green power articles and news
John Boik's insight:

The funding system and smart-cities aspect of the LEDDA framework could help communities move forward on decentralized energy production.

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Organic farms support more species, researchers find

Organic farms support more species, researchers find | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
On average, organic farms support 34 percent more plant, insect and animal species than conventional farms, say scientists. Researchers looked at data going back 30 years and found that this effect has remained stable over time and shows no signs of decreasing.
John Boik's insight:

Organic farms could play an important role in protecting ecologic diversity.

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Businesses welcome local currency and feel confident about future growth, UK survey shows

Businesses welcome local currency and feel confident about future growth, UK survey shows | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
A study by Kingston Business School students in the UK has found a majority of local businesses would welcome the option of trying out a local currency, and that most are confident about their trading prospects for the next three years.
John Boik's insight:

Study: A majority of UK local businesses would welcome the option of trying out a local currency

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How collaborative credit can heal – rather than just disrupt – capitalism

How collaborative credit can heal – rather than just disrupt – capitalism | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Collaborative credit systems such as time banks can help bring about positive transformation within the economy
John Boik's insight:

Jem Bendell's thoughts about healing capitalism via community currencies. Jem wrote one of the blubs for my book Economic Direct Democracy.

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Kevin Johnson: Cities 3.0 - A New Era

Kevin Johnson: Cities 3.0 - A New Era | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Sacramento Mayor Kevin Johnson, the new president of the U.S. Conference of Mayors, spoke of a new era of cities in his address to open the organization's annual meeting.
John Boik's insight:

"Cities are now the leaders in the nation: experimenting, taking risks, making hard choices." This is a theme emphasized in Chapter 1 of Economic Direct Democracy.

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ICMIF | Sector news: Cooperatives at the top of list of strongest lenders

ICMIF | Sector news: Cooperatives at the top of list of strongest lenders | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
According to news published by Bloomberg last week the list of the world’s strongest banks has cooperatives in the top three organizations listed.
John Boik's insight:

List of the world’s strongest banks has cooperatives in the top three organizations.

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Shift Change: Worker Owned Cooperatives and the Movement to Create a More Just Economy

Shift Change: Worker Owned Cooperatives and the Movement to Create a More Just Economy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

Documentary airing on PBS this month champions the worker-owned cooperative model

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California Governor Jerry Brown "legalizes" alternative currencies like bitcoin

California Governor Jerry Brown "legalizes" alternative currencies like bitcoin | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Soon after California lawmakers passed legislation that would update present day currency laws and eliminate bans on alternative currencies, Democratic Governor Jerry Brown signed the bill into law that would see digital currencies, such as bitcoin and litecoin, legalized. The governor signed the legislation Saturday and it is expected to remove various barriers of entry …
John Boik's insight:

 

The legislation is expected to remove various barriers of entry into the marketplace for alternative currencies.

 

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The future of co-operative and mutual banking is keeping it local - Co-Operative News

The future of co-operative and mutual banking is keeping it local - Co-Operative News | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
The future of co-operative and mutual banking is keeping it local
Co-Operative News
It could be co-operative currencies.
John Boik's insight:

"There is an emerging body of work that points to the potential for a renewal of local banking. "

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Ecuador: The First Nation to Create its own Digital Currency - CryptoCoinsNews

Ecuador: The First Nation to Create its own Digital Currency - CryptoCoinsNews | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
CryptoCoinsNews
Ecuador: The First Nation to Create its own Digital Currency
CryptoCoinsNews
This community-based model of development has several benefits.
John Boik's insight:

As the author points out, "With global central banking in trouble, Ecuador’s decision could not have been made on a whim and, in all likelihood, is not intended to maintain the global economic status quo."

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Leonard Quart: Cities take lead on social change - Berkshire Eagle

Leonard Quart: Cities take lead on social change - Berkshire Eagle | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Leonard Quart: Cities take lead on social change Berkshire Eagle Given the paralysis of our federal government, the revitalization of cities has begun to lie in the hands of the municipalities themselves because they can now look less and less to...
John Boik's insight:

Another report that cities are leading the way forward in the 21st Century.

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David Week's curator insight, July 25, 2014 8:37 PM

South American has shown that mayors can lead a nation. Now, the US.

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Bill Gross: Economic inequality threatens capitalism

Bill Gross: Economic inequality threatens capitalism | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
American economy needs a return to normalcy.
John Boik's insight:

Bill Gross, founder of PIMCO, says income inequality puts capitalism in danger.

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The free market is an impossible utopia

The free market is an impossible utopia | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Karl Polanyi died decades ago, but his ideas about the economy help us understand both the causes of the economic crisis and its aftermath
John Boik's insight:

Continuing Polanyi’s core thesis, there is no such thing as a free market; there never has been, nor can there ever be.

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David Week's curator insight, July 20, 2014 3:05 AM

Somewhere, in the structure of the city, we have to draw a balance between the workings of the market and the workings of the commons.

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Major College Business Programs Begin Focusing On Bitcoin - The Crypto Crimson

Major College Business Programs Begin Focusing On Bitcoin - The Crypto Crimson | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
BusinessBecause
Major College Business Programs Begin Focusing On Bitcoin
The Crypto Crimson
“We believe in learning by doing, and so to help inform our courses on complementary currencies, we are trialling the acceptance of them.
John Boik's insight:

Bitcoin is finding its way into academic programs and university clubs.

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Wanted: A Purpose for Open Source - Datamation

Open source has come a long way -- but has it lost its original purpose?
John Boik's insight:

The LEDDA framework will be open-source, and could ignite a new sense of purpose.

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Studies

Studies | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Global source of public opinion research on international affairs and policy. New polls of European, Asian, and American opinion are released. Findings from international polling organizations such as Gallup, Pew, Zogby, and Eurobarometer are analyzed.
John Boik's insight:

“Americans are more united than divided,” said Richard Parsons, executive director, Voice Of the People. “Giving the people a greater voice would help break the gridlock in Washington.”

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Baltimore's local currency, the BNote, is 2 years old

Baltimore's local currency, the BNote, is 2 years old | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
At Liam Flynn's Ale House in Baltimore's Station North Arts and Entertainment District, two George Washingtons will get you a can of Natty Boh. But a single Baltimore BNote, with an image of...
John Boik's insight:

The BNote is now accepted at more than 200 Baltimore businesses.

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Ithacash founder speaks at TEDxIthacaCollege

Ithacash founder speaks at TEDxIthacaCollege | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

My friend Scott Moris talks at TEDx about community currency.

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Locavesting: Move Over JOBS Act: States Are the Real Laboratories for Crowdfunding

Locavesting: Move Over JOBS Act: States Are the Real Laboratories for Crowdfunding | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

The LEDDA economic framework could play a role in community funding of business and services.

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The Monitor

The Monitor | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
News Analysis and Expert Interviews -- Understand Your World
John Boik's insight:

Hear podcast of John Boik's interview on Economic Direct Democracy; KPFT radio's The Monitor.

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What Happens When Silicon Valley Experiments With Direct Democracy

What Happens When Silicon Valley Experiments With Direct Democracy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Like a few other cities, the city is letting some citizens vote directly on how the city spends its money. But, of course, it's adding an online twist.
John Boik's insight:

Online direct democracy moves forward.

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