1/14/09

The Intentional Economy


The Intentional Economy
Daniel Pinchbeck
Reality Sandwich

The fall of capitalism and the crisis of the biosphere could induce mass despair and misery, or they could impel the creative adaptation and conscious evolution of the human species. We could attain a new level of wisdom and build a compassionate global society in which resources are shared equitably while we devote ourselves to protecting threatened species and repairing damaged ecosystems. Considering the lightning-like pace of global communication and new social technologies, this change could happen with extraordinary speed.

1/13/09

When It Comes to Cash, A Thai Village Says, 'Baht, Humbug!'


Wall Street Journal
By JAMES HOOKWAY
Jan 7th, 2009

SANTI SUK, Thailand -- One way to beat the world's credit crisis: Start printing your own money.

The villagers of Santi Suk began creating their own cash here on the sun-bleached plains of northern Thailand following Asia's financial crisis a decade ago.

Local Currencies Grow During Economic Recession


Local Currencies Grow During Economic Recession
Ben Block
January 8, 2009 11:48 AM
worldchanging.com

"In the last four years, there has been a renewed interest in local economy, local production," said Witt, executive director of the E. F. Schumacher Society, a Massachusetts-based think tank focused on local production. "It just skyrocketed with the collapse of the global economy."

Complementary forms of currency are nothing new, and they frequently appear when mainstream financial systems are in distress. Examples include Greenbacks during the American Civil War, and the British Bradbury "Treasury Notes" and German Kriegsgeld during the First World War.