George Monbiot, author of A Manifesto for a New World Order and Captive State: The Corporate Takeover of Britain, suggests that one way out of the economic slump is to let people print their own money.
In his book The Future of Money, Lietaer points out - as the government did yesterday - that in situations like ours everything grinds to a halt for want of money. But he also explains that there is no reason why this money should take the form of sterling or be issued by the banks. Money consists only of "an agreement within a community to use something as a medium of exchange". The medium of exchange could be anything, as long as everyone who uses it trusts that everyone else will recognise its value. During the Great Depression, businesses in the United States issued rabbit tails, seashells and wooden discs as currency, as well as all manner of papers and metal tokens. In 1971, Jaime Lerner, the mayor of Curitiba in Brazil, kick-started the economy of the city and solved two major social problems by issuing currency in the form of bus tokens. People earned them by picking and sorting litter: thus cleaning the streets and acquiring the means to commute to work. Schemes like this helped Curitiba become one of the most prosperous cities in Brazil.
If the state can't save us, we need a licence to print our own money
The United States Postal Service (USPS) wants to raise the fees it charges Amazon.com and other internet commerce shippers by 9 to 12 percent. This comes just months after President Donald Trump criticized the USPS, saying it gives Amazon too good of a deal.
Intel reportedly published rigged benchmarks designed to make its new i9 chips look better than the competition, while holding tech media to an embargo on publishing reviews or independent tests. Intel — or to be precise, a company Intel hired to create a whitepaper on Core i9 gaming performance — has crossed that line. According […]
The value of Elon Musk’s Tesla Motors dropped about $1.1 billion after the close today. When will he, and the adults around him, learn? Welp. Friday at Tesla and at the U.S. Securities and Exchange Commission should be interesting. Have fun with that, Board of Directors and SEC officers. On Thursday afternoon, ladies and gentlemen, […]
Speed reading isn’t just an innate skill possessed by a lucky few. Anyone can learn to speed read, and the benefits are endless. The brain can process more information than most people have time to soak up, but you can make that time now with the 2018 Award-Winning Speed Reading Bundle. The first half of […]
Sure, you could use the same old PowerPoint templates for your next business presentation. It’s not like you have bosses or investors to impress. Oh wait, you do? Time to augment that slideshow with Slideshop – the presentation tool that can individualize your pitch while saving you time. Compatible with PowerPoint, Keynote and Google Slides, […]
Multinational companies have used the no-nonsense methodologies of Six Sigma and Lean Six Sigma to oil a smooth-running operation for years. What is it? Six Sigma (and its offshoot, Lean Six Sigma) apply the principles of science to business, teaching managers to methodically target waste, maximize output and streamline the flow from producer to consumer. […]