Spain’s CIC Tries to Build a New Economy from the Ground Up

CIC regards all of this as evidence that the state is no longer willing to honor its social contract with citizens. Accordingly, it has called for civil disobedience to unjust laws and is doing everything it can to establish its own social order with a more humane logic and ethic.

Source: www.resilience.org

David Bollier on the Catalan Integral Cooperative, ‘one of the more audacious commons-based innovations to have emerged in the past five years’

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Weekend read: The trouble with growth

Clearly, belief in the indispensability of economic growth, while deeply rooted in governments virtually worldwide, is quite recent. The common view that growth has always been an important objective of government is mistaken.

That growth is inextricably bound up with human nature is an even greater mistake, if it makes us think that there really is no alternative to economic growth. Understanding that growth is not a necessary goal of government policy is critical if we are to imagine alternative economic futures.

Source: www.greenbiz.com

Great, must-read article by Tim Jackson and Peter Victor – from the new State of the World Report 2015

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From basic income to social dividend: sharing the value of common resources | P2P Foundation

Given the various problems associated with existing basic income schemes, not least of which is funding, issuing social dividends from user fees on shared resources could be a sensible alternative to the tax-funded benefit programs considered above. The social dividend approach would address a number of the concerns that drive proponents of a citizen’s income, such as providing a non-labour supplement to falling wages and incomes, or reducing social and economic exclusion.

Source: blog.p2pfoundation.net

Brilliant must-read analysis of the basic income debate looking at social and ecological alternatives to the current neo-liberal hegemony.

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Civil Power and the Partner State: A Social Solidarity Economy Response to Austerity in Greece

What we are talking about is a new conception: The idea of the Partner State. At its essence, the Partner State is an enabling state. It facilitates and provides the maximum space and opportunity for civil society to generate goods and services for the fulfillment of common needs.

It is a State whose primary orientation is the promotion of the common good, not private gain. And, in contrast to a view of the citizen as a passive recipient of public services, the Partner State requires a new conception of productive citizenship. Of citizenship understood as a verb, not a noun.

Source: www.resilience.org

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The hidden reasons behind slow economic growth: Declining EROI, constrained net energy

the growth in net energy appears to have slowed while EROI of fossil fuels continues to fall. That has led to greater competition for the available net energy and a general rise in fossil fuel prices from 2000 onward. There have been fluctuations, sometimes violent ones, tied to the so-called Great Recession of 2008 and 2009 and to the softening of the world economy in the past year which led to steep declines in oil prices (something which may be telling us there is another recession in the offing).

Source: www.resilience.org

Excellent article by Kurt Cobb on the real reasons behind the world’s low-growth (maybe even degrowth) problem.

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The puzzling flattening of carbon emissions and the problem of global growth

maybe flat carbon emissions are actually telling us something “no one” wants to hear: that economic growth has faltered or even halted for a large portion of the world’s people and that we are going to have to deal with the consequences of that until we design a new system that can either grow for the benefit of everyone–a difficult proposition–or that can sustainably, equitably and successfully manage a steady-state economy–an even more difficult proposition.

Source: www.resilience.org

Must-read analysis of the growth and greenhouse emissions puzzle: "As long as the chimera of perpetual growth can be sold to the masses, no one will have to deal with the thorny issue of redistribution as the primary method for the economic betterment of the middle and lower classes."

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Islamic State is the cancer of modern capitalism

Ultimately, IS is a cancer of modern industrial capitalism in meltdown, a fatal by-product of our unwavering addiction to black gold, a parasitical symptom of escalating civilisational crises across both the Muslim and Western worlds. Until the roots of these crises are addressed, IS and its ilk are here to stay.

Source: www.middleeasteye.net

Brilliant analysis of the roots of Islamic State by Nafeez Ahmed. Must-read.

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David Graeber: ‘So many people spend their working lives doing jobs they think are unnecessary’

technology has been marshalled, if anything, to figure out ways to make us all work more. Huge swaths of people, in Europe and North America in particular, spend their entire working lives performing tasks they believe to be unnecessary. The moral and spiritual damage that comes from this situation is profound. It is a scar across our collective soul. Yet virtually no one talks about it.”

Source: www.theguardian.com

Looking forward to reading Graeber’s new book.

See on Scoop.itThe Great Transition

Things Are Unraveling At An Accelerating Rate

This vast expansion of debt on the backs of marginal borrowers and the expansion of risky investments has greatly increased the systemic risk of losses from defaults arising from over-extended borrowers.

No wonder every attempt to further expand debt-based consumption is yielding diminishing returns: net income is stagnant virtually everywhere in the bottom 95% of the populace, and further declines in interest rates are increasingly marginal as rates are near-zero everywhere that isn’t suffering a collapse in its currency.

The diminishing returns manifest in three ways: the gains from each round of central-bank tricks are declining, the periods of stability following the latest “save” are shrinking and the amplitude of each episode of debt crisis is expanding

Source: www.peakprosperity.com

How the growth of global debt is fueling the zero-growth economy – good article from Peak Prosperity

See on Scoop.itThe Great Transition

Higher Education and the Politics of Disruption

As higher education’s role as a center of critical thought and civic engagement is devalued, society is being transformed into a “spectacular space of consumption” and financial looting.

Source: www.truth-out.org

Absolutely brilliant essay by Heny Giroux about the devastating assault of neo-liberal market-first ideology on universities and higher education

See on Scoop.itThe Great Transition

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