Insight and inspiration in turbulent times.
The Open Source Seed license, recently released by a group called OpenSourceSeeds, is trying to “make seeds a common good again.” The license amounts to a form of “copyleft” for new plant varieties, enabling anyone to use the licensed seeds for free.
Professor Steve Keen may be the first mainstream economist to address a fatal flaw in economic theory: omitting or minimizing the role of energy. Keen has developed a production formula incorporating energy, not as one factor of production along with capital and labor, but as the indispensable flow activating both.
The historian and archeologist Joseph Tainter made a name for himself with his book The Collapse of Complex Societies. At a certain point civilisations collapse because they become more and more complex
Above all, the relevance of a national-level EROI lies in its potential to inform policy decisions that aim to manage an energy transition to a low carbon economy. In general, countries should aim to have high levels of national-level EROI, since this means that more net energy is available for use in the productive economy.
As societies and economies transition away from high net energy resources such as ‘conventional’ fossil fuels and towards lower net energy resources such as unconventional fossil fuels or renewables, either voluntarily (e.g. to fight climate change) or due to resource constraints, a number of researchers and analysts have argued that we might be approaching the “net energy cliff”…
Governments should recognize that cooperative platforms will mean more wealth staying in their communities and serving their constituents. Rather than trying (and failing) to say “no” to the likes of Uber, platform co-ops are something public institutions can say “yes” to.
Living Energy Farm (Louisa, Virginia) is a community of people who support themselves without the use of fossil fuel. Our project has been built at modest cost so it can be replicated around the world. Living Energy Farm is a fully operational farm and community, not just an idea.
Economic theory has failed to incorporate the role of energy in production for two centuries since the Physiocrats. In this video I derive a production function that includes energy in an essential manner. It implies that economic growth has been driven by the increase in the energy throughput capabilities of machinery.
In 1975, five penniless friends began restoring an old spinning mill in an attempt to revive the local wool industry. Today, the coop Ardelaine and its partners employ about 50 workers.
That is one of the major benefits to the state of having its own bank: it can borrow very cheaply in the money markets. It can get the sort of Wall Street perks not otherwise available to governments, businesses, or individuals; and it is backstopped by the Federal Reserve system if it runs short of funds.
The Toronto Tool Library in Ontario, Canada, is a model tool lending program. With four locations and a variety of workshops and community events, it is a pioneer of the lending and sharing movement.
So, we also need to reverse the parasitic, rentier effects of enclosure and marry basic income to her true partner – land value tax. Land tax combined with a citizen’s dividend provides the simplest, most elegant regenerative tool for social justice.
