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What is the Chicago Plan and can it save the global economy?

What is the Chicago Plan and can it save the global economy? | The P2P Daily | Scoop.it
An IMF study has proposed a 1930s plan that would magic away government debt and end 'boom and bust' for good...

 

Why does this IMF paper not get more media attention? Because it would increase the power of government and tame the banks?


Via Willy De Backer
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New book: Creating Sustainable Societies by John Boik

New book: Creating Sustainable Societies by John Boik | The P2P Daily | Scoop.it

"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.


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Future money - James Robertson

Future money - James Robertson | The P2P Daily | Scoop.it

"... we have to make the money system work in ways that will motivate everyone to "enable and conserve", so that we and other living species survive. Understanding the need to design our money system to achieve that purpose amounts to a "Copernican revolution"

 

Good interview in Eurozine with one of the grandfather's of alternative economics, James Robertson, on the need for radical currency reform. His book "Future Money" should be mandatory bed-time reading for Mr Draghi.


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In Spain, financial crisis feeds expansion of a parallel, euro-free economy

In Spain, financial crisis feeds expansion of a parallel, euro-free economy | The P2P Daily | Scoop.it
At a time when the future of the currency is in doubt and millions are unemployed or underemployed, an alternative, euro-free economy is springing up in Spain and elsewhere.

 

The Washington Post has this interesting article on how people in the Eurocrisis countries are finding ways to defeat the austerity attacks of their governments.


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