In this three-minute interview, Iceland’s President Olafur Ragnar Grimson explains that their recovery from the economic crisis was based on actions that went against the orthodox prescriptions–Let the banks fail, introduce currency controls, provide support for the poor, don’t push austerity measures. Why are banks the “holy churches of the economy?”
Let us watch the experiment in Iceland, I see the leaders in a model that creates prosperity for the citizens and not profits for big banksters. May they shine the light on what is possible in a new type of economy!
Essential to look at this level of how value is created and the entire ownership model. This provides some good models and projects. Its important to acknolwedge how we can access things without ownership -- and all be wealthier!
We are being invited to use our collective intelligence to create, this is where there is an incredible amount of untapped potential. Clearly, meeting our needs through more sharing (collaborative consumption) uses similar skills, and also provides a stable foundation for making a brighter future for generations to come.
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