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Peer2Politics
on peer-to-peer dynamics in the field of politics, economics and institutions
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CADTM - In case of illegitimate debts creditors can be contravened

CADTM - In case of illegitimate debts creditors can be contravened | Peer2Politics | Scoop.it
Professor Eric Toussaint, an expert on debt auditing and on the cancellation of debt, talks about the present situation in Europe, why Greek debt (...)
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A Note on Syriza: Indebted Yes, but Not Guilty! - Potemkin

A Note on Syriza: Indebted Yes, but Not Guilty! - Potemkin | Peer2Politics | Scoop.it
When they talk about writing off part of the debt, our media present this as a measure which will hurt ordinary taxpayers, pitting the lazy and corrupt Greeks against the hard-working ordinary people in other countries. So when, back in the 2008 financial breakdown, big banks became insolvent, it was okay for the state to cover their losses by spending trillions (of taxpayer money, of course), but when a whole people finds itself in misery, the debt should be paid... read more

by Slavoj Žižek
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First we take Athens: Europe’s debt colony revolts

First we take Athens: Europe’s debt colony revolts | Peer2Politics | Scoop.it
Syriza’s victory — a product of Greece’s vibrant, antagonistic culture of direct action and prefigurative politics — will resound throughout Europe
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Zach Owen's curator insight, February 9, 10:29 PM

What contributing factors would come to the forefront as to why it is Greece's political system is so corrupt? 

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Croatia just canceled the debts of its poorest citizens

Croatia just canceled the debts of its poorest citizens | Peer2Politics | Scoop.it
"We assess that this measure will be applicable to some 60,000 citizens," Deputy Prime Minister Milanka Opacic was quoted as saying.
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Debt inequality and fixing it with alternative currencies - YouTube

Purely mathematical simulation on the social effects of debt money vs. debt money+complementary currencies. See http://koru.or.ke for more. Created by Will Ruddick. Originally on https://www.youtube.com/watch?v=04jV1... .

MEER WEERGEVEN
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Radical left is right about Europe’s debt - FT.com

Radical left is right about Europe’s debt - FT.com | Peer2Politics | Scoop.it
Let us assume that you share the global consensus view on what the eurozone should do right now. Specifically, you want to see more public-sector investment and debt restructuring. Now ask yourself the following question: if you were a citizen of a
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A new idea steals across Europe – should Greece’s debt be forgiven?

A new idea steals across Europe – should Greece’s debt be forgiven? | Peer2Politics | Scoop.it
As anti-austerity Syriza rises in the polls, threatening a crisis, experts are starting to believe default might be best for everyone, writes Heather Stewart
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Discussing the myth of barter | P2P Foundation

Discussing the myth of barter | P2P Foundation | Peer2Politics | Scoop.it
1) Adam Smith first proposed in ‘The Wealth of Nations’ that as soon as a division of labor appeared in human society, some specializing in hunting, for instance, others making arrowheads, people would begin swapping goods with one another (6 arrowheads for a beaver pelt, for instance.) This habit, though, would logically lead to a problem economists have since dubbed the ‘double coincidence of wants’ problem—for exchange to be possible, both sides have to have something the other is willing to accept in trade. This was assumed to eventually lead to the people stockpiling items deemed likely to be generally desirable, which would thus become ever more desirable for that reason, and eventually, become money. Barter thus gave birth to money, and money, eventually, to credit.
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Center for a Stateless Society » The Communism of Everyday Life

Center for a Stateless Society » The Communism of Everyday Life | Peer2Politics | Scoop.it

David Graeber, as we already saw to be the case with Elinor Ostrom, is characterized above all by a faith in human creativity and agency, and an unwillingness to let a prioritheoretical formulations either preempt his perceptions of the particularity and “is-ness” of history, or to interfere with the ability of ordinary, face-to-face groupings of people on the spot to develop workable arrangements — whatever they may be — among themselves. Graeber is one of those anarchist (or anarchist-ish) thinkers who, despite possibly identifying with a particular hyphenated variant of anarchism, have an affection for the variety and particularity of self-organized, human-scale institutions that goes beyond ideological label. These people, likewise, see the relationships between individual human beings in ways that can’t be reduced to simple abstractions like the cash nexus or doctrinaire socialism. I selected James Scott and Elinor Ostrom for C4SS research papers based on this quality, and I read Debt in the course of researching a similar paper on Graeber’s thought. I expect to continue with papers on Pyotr Kropotkin and Colin Ward who, despite identifying as libertarian communists, cannot be reduced to any ideological pigeonhole based on that label.

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Soaring global debt levels and weak growth could trigger another crisis ... - The Guardian

Soaring global debt levels and weak growth could trigger another crisis ... - The Guardian | Peer2Politics | Scoop.it


Another reason to worry - economic sentiment across the eurozone has again this month as firms report that the business climate has worsened.

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Money, debt and the end of the growth imperative

Money, debt and the end of the growth imperative | Peer2Politics | Scoop.it
Like a cancer, the political, interest-based, debt-money system corrupts everything it touches. It’s time it was replaced. This is the fifth article in our series on the role of money in the transformation of society.
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▶ Lord Turner on how to fuel growth without debt - YouTube

Must watch interview with Lord Adair Turner, aired on ABC's The Business 20 May 2014. Original video here: http://www.abc.net.au/news/2014-05-20/in-the-studi...
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▶ Authors@Google: David Graeber, DEBT: The First 5,000 Years - YouTube

DEBT: The First 5000 Years While the national debt has been the concern du jour of many economist.

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Manolis Glezos denounces Greek loan agreement as “illusion”

Manolis Glezos denounces Greek loan agreement as “illusion” | Peer2Politics | Scoop.it
Syriza’s most senior politician, the 94-year-old war hero and MEP Manolis Glezos, opposes his party’s decision to extend the Eurozone bailout program.Before it’s too late:The fact that the Troika has been renamed ‘the Institutions’, the Memorandum...
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Greek Debt Standoff Awaits a Decisive Move

Greek Debt Standoff Awaits a Decisive Move | Peer2Politics | Scoop.it

Clad in snug black pants and his signature untucked shirt, the Greek finance minister, Yanis Varoufakis, sauntered into a conference room in the Berlin headquarters of the German finance ministry.

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Giving debt relief to Greece makes economic and moral sense | Letters: Rowan Williams, Rabnawaz Akbar, Larry Tabick, Paul Oestreicher and others

Giving debt relief to Greece makes economic and moral sense | Letters: Rowan Williams, Rabnawaz Akbar, Larry Tabick, Paul Oestreicher and others | Peer2Politics | Scoop.it
Letters: The ancient concept of a ‘jubilee’ recognises that sometimes debts need to be cancelled when they are causing increasing inequality
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Will Greece Default On Its Debt? - Forbes

Will Greece Default On Its Debt? - Forbes | Peer2Politics | Scoop.it
An old joke is that if you owe a thousand dollars, you are at the bank’s mercy. If you owe a million dollars, then the bank is at your mercy.
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Ending Greece’s Nightmare

Ending Greece’s Nightmare | Peer2Politics | Scoop.it
Alexis Tsipras, leader of the left-wing Syriza coalition, is about to become prime minister of Greece. He will be the first European leader elected on an explicit promise to challenge the austerity policies that have prevailed since 2010. And there will, of course, be many people warning him to abandon that promise, to behave “responsibly.”
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Creditocracy: making the case for debt refusal | ROAR Magazine

Creditocracy: making the case for debt refusal | ROAR Magazine | Peer2Politics | Scoop.it
In his latest book, Creditocracy, scholar-activist Andrew Ross makes a compelling case for debt refusal as “a protective deed on behalf of democracy”.
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Co-ops - sharing - commons

Co-ops - sharing - commons | Peer2Politics | Scoop.it

The economy is built on debt. Even if we are not in debt ourselves, we are servicing debt, as the products and services we buy are built on debt. Built on debt in China, then shipped at high environmental cost to market. The Chinese ironically, when the rest of the world cuts public services, has spent our money on infrastructure to ship to market their products in huge container ships.

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David Graeber: On the Invention of Money – Notes on Sex, Adventure, Monomaniacal Sociopathy and the True Function of Economics | naked capitalism

David Graeber: On the Invention of Money – Notes on Sex, Adventure, Monomaniacal Sociopathy and the True Function of Economics | naked capitalism | Peer2Politics | Scoop.it
Last week, Robert F. Murphy published a piece on the webpage of the Von Mises Institute responding to some points I made in a recent interview on Naked Capitalism, where I mentioned that the standard economic accounts of the emergence of money from barter appears to be wildly wrong. Since this contradicted a position taken by one of the gods of the Austrian pantheon, the 19th century economist Carl Menger, Murphy apparently felt honor-bound to respond.
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Russell Brand And David Graeber Talk 'Mafia Capitalism' And Cancelling Debt - Huffington Post UK

Russell Brand And David Graeber Talk 'Mafia Capitalism' And Cancelling Debt - Huffington Post UK | Peer2Politics | Scoop.it
Russell Brand and professor David Graeber have called for the debts of "ordinary people" to be cancelled in an impassioned attack on "mafia capitalism".

In an podcast exclusively shared with the Huffington Post, Graeber, who wa...
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Margrit Kennedy speaks on interest free economy - YouTube

Margrit Kennedy speaks on interest free economy
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Soak the Rich

Soak the Rich | Peer2Politics | Scoop.it

This exchange is from a conversation in Paris between David Graeber and Thomas Piketty, discoursing on the deep shit we’re all in and what we might do about climbing out. It was held at the École Normale Supérieure; moderated by Joseph Confavreux and Jade Lindgaard; edited by Edwy Plenel; first published by the French magazine Mediapart last October; and translated from the French for The Baffler by Donald Nicholson-Smith.

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The French are right: tear up public debt – most of it is illegitimate anyway

The French are right: tear up public debt – most of it is illegitimate anyway | Peer2Politics | Scoop.it
Razmig Keucheyan: Debt audits show that austerity is politically motivated to favour social elites. Is a new working-class internationalism in the air?
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