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Where Citizens Can Run for Office Without Big Money—and Win

Maine’s unique solution for clean elections involves $5 contributions and campaigns funded entirely by taxpayers. And it’s working.
Categories: Economics

Daily Digest 11/3 - How The Cultural War Fooled The Left, Life After Brexit

Chris Martenson - November 3, 2016 - 11:01
  • Economic Stress As World Runs Out Of Dollars
  • ‘Brexit’ Will Require a Parliament Vote, U.K. Court Rules
  • Life After Brexit: What Can The British Learn From The Swiss
  • Global Bond Bubble Bust
  • Inflation: The Most Dangerous Chinese Export
  • How The Cultural War Fooled The Left (FREEPOM)
  • Prevailing Gray Swan: Imperative Grounds for Impeachment, A Constitutional Crisis is Immanent If Secretary Clinton is Elected
  • Biggest Election Fraud In History Discovered In The United States
  • A Cashless Economy in Zimbabwe? With Little Cash, There’s Little Choice
  • OPEC Is Now Irrelevant – This Oil Price Plunge Is Different
  • Amish fight back, ignore law mandating horse poop bags

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Categories: Economics

Daily Digest 11/2 - Property Is Debt In Greece, Is High-Deductible Health Insurance Worth the Risk?

Chris Martenson - November 2, 2016 - 06:32
  • 'Obamacare' enrollment opens this week in Arizona with higher costs, fewer choices
  • Is High-Deductible Health Insurance Worth the Risk?
  • Springfield alderman fears city headed toward same pension mess state facing
  • Ontario universities face pension deficits and other challenges, DBRS says
  • China Starts Credit-Default Swap Trading as Bond Failures Spread
  • Saudi finance minister Ibrahim al-Assaf sacked by royal decree
  • U.S. Treasury expects to borrow $188 billion in fourth quarter
  • Greek Parliament’s Budget Office Warns Private Debt Near Levels of Public Debt
  • In Greece, Property Is Debt
  • Expansion of private credit likely to persist for time being: BOK
  • China's non-financial debt over $22.7 trillion: Official
  • Asset Bubbles From Stocks to Bonds to Iron Ore Threaten China
  • China central bank injects $112.8 billion in October via policy tools
  • Kuroda admits BoJ will not reach inflation target before term ends

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Categories: Economics

Etsy Backs Gig Economy Workers with a Call for Flexible Benefits

Shareable Magazine - November 2, 2016 - 05:28

Etsy is one of the original players in the gig economy. Way back in 2005, the online marketplace for handmade goods gave people a way to sell their creations. While Etsy sellers differ from typical gig economy workers, such as ridesharing drivers and Taskrabbits, they are nonetheless gig workers who earn money when they sell goods.

Categories: Economics

Prototyping Elements of Positive Platforms: the Positive Platforms Jam

Shareable Magazine - November 2, 2016 - 04:03

The way we work is changing forever. A host of technologies — from automation to digital platforms for coordination of tasks — are reinventing not just what people do to earn a living but at a much deeper level how we organize to create value. The landscape of labor economics is in upheaval. In the process, new platforms, algorithms, and attitudes are undermining many established institutions, regulatory regimes, and work practices, challenging some of the basic tenets of the social safety net established in the 20th century.

Categories: Economics

Key Sanders Supporter on Loving—and Criticizing—the Democratic Party

Ohio state Sen. Nina Turner talks about being disinvited to introduce Bernie Sanders at the DNC, racism in America, and grassroots leadership.
Categories: Economics

Forget More Regulation: Make Corporations Serve the Public Interest

The purely private-purpose corporation is an illegitimate entity. This is the elephant in the room that no politician dare mention.
Categories: Economics

Sign the Petition to Make Twitter a User-Owned Co-op

Shareable Magazine - November 1, 2016 - 14:03

Show your support for a user-owned Twitter. Sign the petition.

For tens of millions of Internet users, it would be hard to imagine life without Twitter. It has been a critical platform to share news, spark important conversations, and catalyze social movements from the Arab Spring to #BlackLivesMatter.

Categories: Economics

Water Storage In Winter

Chris Martenson - November 1, 2016 - 13:29

Water is the most important item to keep in your storage because it is essential to survival. However, this can become more difficult in the winter when temperatures drop below freezing. If your water freezes, you’ll need to use precious energy and heat to thaw it out for use again. But there are precautions you can take to keep your water storage from freezing in the winter.

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Categories: Economics

Sign the Petition to Turn Twitter into a User-Owned Co-op

Shareable Magazine - November 1, 2016 - 11:57

It would be hard for me, and perhaps for millions of other regular Twitter users, to imagine life without it. Twitter has been a critical platform to share news, spark important conversations, and catalyze social movements like Occupy Wall Street and Black Lives Matter.

Categories: Economics

Daily Digest 11/1 - The Titanic Sinks On Election Day, ND Pipeline Battle Rages On

Chris Martenson - November 1, 2016 - 11:05
  • State cutbacks, recalcitrance hinder Clean Air Act enforcement
  • The Titanic Sinks On Election Day
  • Janet Yellen clings to caution in face of stronger growth
  • New leak may show if you were hacked by the NSA
  • The Trick To Generating Income
  • 105 Oil & Gas Bankruptcies: But Production Isn’t Shrinking
  • North Dakota Oil Pipeline Battle: Who’s Fighting and Why

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Categories: Economics

New Toolkit Helps Entrepreneurs Design Platform Businesses

Shareable Magazine - November 1, 2016 - 07:23

The way people work is quickly changing. From the rising freelance economy and booming coworking industry to distributed organizations and platform cooperatives, it’s anything but business as usual.

Categories: Economics

Mexico's Indigenous Groups Start Telecom Co-op after Being Refused Service

Shareable Magazine - October 31, 2016 - 06:56

Villa Talea de Castro is a village in Oaxaca, Mexico with a large indigenous community. Prior to 2013, the 2,500 inhabitants of the village had limited phone service via landline phone booths. Large cell phone companies refused to provide service to the area so the community partnered with NGO Rhizomatica to install its own local cellular network that provides unlimited local calls and messages and low-cost long distance and international calls.

Categories: Economics

Daily Digest 10/31 - Banks Hoarding $2.4T In Bonds, Selling Air

Chris Martenson - October 31, 2016 - 04:44
  • Banks Are Hoarding $2.4 Trillion of Bonds
  • FBI trying to build legal cases against Russian hackers: sources
  • Why FBI director James B. Comey was able to defy Justice bosses on Clinton email announcement
  • BOE’s Carney May Decide on Future in Coming Days, Times Says
  • Undercover With A Border Militia
  • Selling Air (a.k.a. the Idea They Thought of Next)
  • Big Oil Cannot Afford To Ignore Climate Change
  • Why has climate change been ignored in the U.S. election debates?

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Categories: Economics

Janet Tavakoli: Life And Death On Wall Street

Chris Martenson - October 30, 2016 - 13:06

Financial markets and derivatives authority Janet Tavakoli returns to the podcast to discuss a number of the themes contained in her new book Decisions: Life And Death On Wall Street.

She paints a particularly informative timeline of the greed and rot that has come to dominate the modern financial system, and how its tentacles have fully penetrated and subjugated the halls of power in Washington DC.

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Categories: Economics

Daily Digest 10/29 - Comey In The Crossfire Again, Most Republicans Believe Russia Meddling In U.S. Election

Chris Martenson - October 29, 2016 - 07:44
  • GOP Super-pac Makes Last-Ditch Effort to Save Senate Majority
  • Even if Democrats win the Senate in 2016, their majority is unlikely to endure
  • Most Republicans believe Russia is meddling in U.S. election: Reuters/Ipsos poll
  • F.B.I. Chief James Comey Is in Political Crossfire Again Over Emails
  • Record Immigrant Numbers Force Homeland Security to Search for New Jail Space
  • Tesla’s shows off solar roof and energy ambitions at Los Angeles event 
  • The ‘Saddest’ Polar Bear Lives in a Mall in China
  • Worms seen farming plants to be eaten later for the first time

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Categories: Economics

We Risk Being Collateral Damage In The Neocon Lust For War

Chris Martenson - October 28, 2016 - 17:40

Among the many conflicts that are boiling over, the one that concerns me the most -- by far -- is the West's very intentional efforts to demonize Putin specifically, and Russia generally.

Blatantly obvious propaganda is being used, most heavily by the very same (and unrepentant) main stream media outlets that were used the last time around -- when we ended up commencing a 'pre-emptive' war based on ginned-up intelligence that turned out to be wholly false. We owe it to ourselves not be so easily led this time around.

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Categories: Economics

My Personal Preparations For Nuclear War

Chris Martenson - October 28, 2016 - 17:40
Executive Summary
  • The Importance Of Avoiding Contamination
  • The Steps I Took This Week
  • Resources For Estimating The Threat Level For Where You Live
  • Advice For City-Dwellers

If you have not yet read Part 1: We Risk Being Collateral Damage In The Neocon Lust For War available free to all readers, please click here to read it first.

First up, I promised you that if I ever took any actions I’d let you know about them.  I toyed with breaking that pledge (net very seriously) because I really don’t want to needlessly scare anybody.

I don’t like focusing on the negative, but I did catch myself thinking and slightly worrying about the tensions with Russia and realized that I did not have a few basic preparations.   So what do we do at Peak Prosperity when we have a gap between what we know and our actions?  We close up that gap with action.

I’ve written extensively about the possibility of war with Russia, and the possible things to protect against range from minor annoyances and shortages to a grid down event (via EMP or hacking) to a nuclear war.

Of them all, I suppose the grid down event scares me the most if it involved any protracted outage of more than a month.  Things fall apart never to be properly rebuilt if that happens. 

But a limited nuclear war, or even a more broad-based one if things really get out of hand, also worry me a lot.

And I am not the sort to sit around and worry.  I hate sitting around and worrying so last week I did what few things I could to assure that I can make the best of it if a nuclear exchange happens. 

Look, even if there’s only a 1% chance of a nuclear exchange over the next five years, I personally consider that that to be an excessive risk (given the catastrophic outcomes involved).  Given how I am built, I need to prepare as best I can so that I can relieve my anxiety and get back to living life fully.

As background, you should definitely re-read our excellent previously-issed reports on radiation and the difference between that and radioactive contamination because those are the building blocks for knowing how to survive. 

In fact, you should print them out and have them tucked into your preparations area. 

Having a grounded understanding of what radioactive isotopes are and what they do to a living system is critical knowledge to have.  But maybe you don’t need it yet.  So read the articles of background and put the whole subject away, hopefully forever, never to be revisited.

I’ll be honest; I am not all that scared by radioactivity.  My view is we evolved with background radiation and life has been dealing with it for a very long time.  Now contamination, on the other hand, which is the ingestion of a hot particle of some sort, now that scares me a lot. And it should scare you too. So much of my preparations are centered around...

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Categories: Economics

Daily Digest 10/28 - Good News Friday: Using Sun And Seawater To Grow Food, Will Electric Cars Be Cost Competitive By 2020?

Chris Martenson - October 28, 2016 - 09:45
  • U.S. Economy Grew 2.9% in 3rd Quarter, Picking Up the Pace
  • The Iconoclast
  • Tiny Beads Can Deliver Oxygen Straight To The Bloodstream 
  • Evidence suggests women's ovaries can grow new eggs
  • Will Electric Cars Be Cost Competitive By 2020?
  • This Farm Uses Only Sun and Seawater to Grow Food 

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Categories: Economics

How Mastly Helps Entrepreneurs Crowdsource Startups and Share Equity Fairly

Shareable Magazine - October 28, 2016 - 08:39

Anyone who’s ever collaborated on a project understands that people do varying amounts of work and that tracking individual contributions is difficult. In startups, where there’s a potential for a financial upside following a sale or IPO, the issue of distribution becomes even more complex. How do you fairly reward people’s work when team members have all contributed in varying degrees and ways?

Categories: Economics