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Scooped by Willy De Backer onto The Great Transition |
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In the 2012 edition of Occupy Money released last week, Professor Margrit Kennedy writes that a stunning 35% to 40% of everything we buy goes to interest.
The case for a public banking systems which re-invest its profits in prosperity instead of high bonuses.
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"Creating Sustainable Societies: The Rebirth of Democracy and Local Economies first pinpoints the central problems within our financial, economic, and governance systems that have lead to high unemployment, massive debt, environmental degradation, mistrust of Congress and big business, and hyper-inequities of wealth and political power. The book then proposes a practical, bold blueprint for addressing these concerns and creating meaningful change."
Change from the bottom up, new local currency systems and direct democracy are the keywords in this new blueprint for a sustainable transition. Delete the scoop?
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