It’s Money that is Killing the Local Economy
A recent report on local currency and local economy from Sweden, complied by Transition member Steve Hinton, sheds light on some of the pitfalls and opportunities for local community action.
A recent report on local currency and local economy from Sweden, complied by Transition member Steve Hinton, sheds light on some of the pitfalls and opportunities for local community action.
By ‘Open Source Finance’, I don’t just mean open source software programmes. Rather, I’m referring to something much deeper and broader. It’s a way of framing an overall change we might want to see in the financial system.
So here we have it. The austerity versus Keynsian spending debate is about as useful as arguing whether the earth is flat or sitting on the back of a pile of turtles. Neither will provide sustainable interventions to our converging crises while the debt-based money system remains the only significant game in town.