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Destinations Makers Use Sustainable Tourism to Revive Neglected Italian Cities

Shareable Magazine - April 26, 2016 - 09:15

Southern Italy's per capita GDP is 45.8 percent lower than Northern Italy's. Despite this alarming statistic, many Southern Italians believe that the unique beauty and overlooked potential of their country could sustain them financially through tourism alone.

Categories: Economics

Daily Digest 4/26 - The Death Of Encryption, Spain Sees Fifth Month Of No Government

Chris Martenson - April 26, 2016 - 09:00
  • COMEX Default Is Coming Soon: Bill Holter
  • TTIP trade pact: Obama pushes deal on Germany visit
  • Dramatic decline in German and US support for TTIP: survey
  • The Death of Encryption
  • 7 Must-See Commodities Charts
  • Discord Pushes Spain Into Fifth Month With No Government 
  • Weakened Saudi Arabia Could See Social Unrest After Economic Shakeup
  • Solar Impulse completes long-delayed flight across the Pacific

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Categories: Economics

Platform Cooperativism: A Global Movement on the Rise

Shareable Magazine - April 26, 2016 - 08:09

Last November, the Platform Cooperativism conference -- a coming out party for the cooperative Internet -- took place in New York City, initiated by Nathan Schneider and Trebor Scholz. Last month, the first #PlatformCoopBerlin meetup followed in Berlin with Michel Bauwens as the keynote speaker. The small venue was packed. More than 50 people attended instead of the 30 that RSVP'd.

Categories: Economics

Open-Source, DIY Machine Recycles Household Plastic Into New Products

Shareable Magazine - April 26, 2016 - 07:25

Plastic has been described as a lot of things, but precious? That’s a new one. However, one team in the Netherlands is working to change how we view plastic, taking it from a waste product that is clogging up our oceans, landfills and animals, and reframing it as a valuable resource.

Precious Plastic brings plastic recycling down to the household level by putting recycling tools into the hands of everyday people rather than just industry giants. As the website states, you can create "your own little plastic recycling workshop."

Categories: Economics

How a Worker-Owned Tech Startup Found Investors—and Kept Its Values

As cooperative culture spreads into the tech world, Loomio is part of a new wave of entrepreneurs figuring out how to finance a more democratic, values-centered online economy.
Categories: Economics

Bitcoin, Blockchain Technology, and Crypto-Currency

Beyond Money - April 25, 2016 - 10:40

There has been lots of chatter lately about bitcoin, blockchain technology, and crypto-currency. Everyone, including me, is trying to wrap their head around it all. This is what I’ve come up with so far:

  1. Bitcoin is a virtual commodity that is created by running some obscure algorithm. The people who get rewarded are the “miners” who burn up enormous amounts of computer time and electricity to create Bitcoin. That makes it akin to mining gold or silver—not a very useful pursuit, and like any commodity, people will prefer to use it as a savings medium or hedge against inflation rather than circulating it as a currency. Bitcoin is NOT the answer to the money problem.
  2. The important thing about blockchain technology is what it can do, what functions it can perform. You hear a lot about “smart contracts” and a secure trail of transactions. It seems to be something that is needed when using digital forms of contracts and transactions conducted over the internet, but provides no new functions compared to what has always been done with paper trails and records, but maybe I’m missing something.
  3. The term “crypto-currency” is ill defined and there is much confusion about the characteristics of such a currency and what it can achieve.
  4. The fundamental principles of reciprocal exchange still hold. The substance of a currency or payment medium is CREDIT. Claims still need to be authenticated and promises need to be guaranteed.

My grand, audacious vision is this:

TO ENABLE ANYONE, ANYWHERE TO USE WHAT THEY HAVE TO PAY FOR WHAT THEY WANT.

What they might have is skills, abilities, products, services and credit that is advanced by a circle of people who know them and trust that they are ready, willing, and able to deliver value on demand in the near term.

I have argued that the truly disruptive technology of exchange is a global network of small credit-clearing circles that provide “a means of payment that is locally based and controlled yet globally useful. It makes money and banks, as we’ve known them, obsolete.

My talk in Malaysia in October at the International Forum on Inclusive Wealth (http://ifiw.my/) will be on that topic and will build upon the framework that I laid out in my book chapter, https://beyondmoney.net/excerpts/chapter-17-complete-web-based-trading-platform/. –t.h.g.

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Categories: Blogs

Close To The Tipping Point

Chris Martenson - April 25, 2016 - 10:19

There’s something in the air: people are edgy and worried. But about what, exactly?

Despite allegedly rosy economic statistics and endless cheerleading about how the markets have bottomed and how growth is poised to come roaring back, our heads and our guts instead tell us something is very wrong.

People everywhere can feel it. They're expressing varying levels of dissatisfaction: ranging from mildly concerned, to very worried, to downright pissed off.

We see it broadly in the hostility and opinion canyons of the election cycle. Perhaps we’ve experienced it personally, through the ending of a relationship that no longer works as we need it to.

These are the signs of tipping points. The human animal senses the coming tsunami and reacts from a very deep, visceral place where emotions hold sway and reason stumbles.  We are social creatures; and not all of the cues to which we react are visible or quantifiable.

Join the conversation »

Categories: Economics

How Transition Palo Alto Brings Sharing and Community to Silicon Valley

Shareable Magazine - April 25, 2016 - 08:50

Transition Palo Alto is part of the worldwide Transition network working to build local resilience and connections. Based in Silicon Valley, the community is a great example of a growing, engaged and active Transition project.

Categories: Economics

Daily Digest 4/25 - The College Degree Wealth Gap, Danger Signs in the World's Top Housing Market

Chris Martenson - April 25, 2016 - 08:20
  • Simultaneous Elderly Overpopulation, Youth Depopulation & The Impact on Economic Growth
  • Obama looks to help Cameron, Merkel avert European divide
  • Why Haven’t Bankers Been Punished? Just Read These Insider SEC Emails
  • Danger Signs in the World's Top Housing Market
  • The Growing College Degree Wealth Gap
  • This Six-Year Running Oil And Gas Trend Just Reversed Itself 
  • Amid Price Plunge, North American Oil and Gas Workers Seek Transition to Renewable Sector
  • Home Gardeners are Breeding More Diverse Corn than You Can Buy

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Categories: Economics

Co-op Hostel in Greece to Help Integrate Hundreds of Refugees

Shareable Magazine - April 25, 2016 - 07:16

A proposed cooperative hostel in Greece aims to help Syrian refugees successfully integrate into Greek society.

Dubbed Welcommon, which stands for Welcome in Common, the hostel, which is expected to open in June if fundraising efforts are successful, will provide safe accommodations for 120-150 asylum seekers for six months or longer. It will also offer food, clothing and health care, as well as tools and resources and help with social inclusion, including language classes and job training.

Categories: Economics

Retrofitting Suburbia: Communities Innovate Their Way Out of Sprawl

The future for suburbanites, who now have twice the carbon footprint of city dwellers, seems to be pointing backward to pre-automobile, train-based living.
Categories: Economics

Daily Digest 4/24 - Italy Threatened By National Crisis, A Recipe For Global Cooling

Chris Martenson - April 24, 2016 - 08:27
  • Obama Calls Meeting With European Leaders Over Shared Challenges
  • 'The Most Important Takeover of Any Organization in History'
  • Mike King - The British Mad Dog: Debunking the Myth of Winston Churchill
  • Migration crisis: Italy threatened by national crisis
  • Iran Might Still Outwit the Saudis on Oil
  • A new drill for Pa: Fewer gas rigs operate, and local economies suffer
  • Wow! $100 Million Contract Signed For LENR
  • A recipe for global cooling—put seafloor on dry land near the equator

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Categories: Economics

Daily Digest 4/23 - The Age Of Privilege, Why Are Bankrupt Oil Companies Still Pumping?

Chris Martenson - April 23, 2016 - 08:06
  • In an Age of Privilege, Not Everyone Is in the Same Boat
  • Rich People Are Living Longer. That’s Tilting Social Security in Their Favor.
  • The 2016 "Rage, Fear, & Anger" Election: Ron Paul's Deep Dive Into The Real Issues
  • Apple suffers another iPhone blow
  • Feds: someone gave us the passcode in NY drug case, so we don’t need Apple
  • 42 Percent of an Electric Car Revolution
  • Why Are Bankrupt Oil Companies Still Pumping?

Join the conversation »

Categories: Economics

A Sanders-Clinton Combined Strategy Could Boost Native Americans’ Quality of Life

To meet multifaceted needs in Indian Country, Sanders and Clinton should combine their economic proposals.
Categories: Economics

Coopify to Bring Cooperatives into the Smartphone Age

Shareable Magazine - April 22, 2016 - 13:00

This article was first published by Community-Wealth.org

Categories: Economics

Daily Digest 4/22 - Good News Friday: Earth Day 2016, Is A 3-Day Work Week 'Optimal?'

Chris Martenson - April 22, 2016 - 09:47
  • Earth Day: We're Not As Doomed As You Think
  • Three-day working week 'optimal for over-40s'
  • South Africa Tracks People's Movements to Stop Rhino Poaching
  • As Americans eat less chocolate, Hershey’s begins pushing meat bars
  • How Information Graphics Reveal Your Brain’s Blind Spots
  • Fossil Fuels Off Campus
  • Investing in Water, Investing in Earth, Investing in Ourselves
  • On Earth Day, Let Lab Girl Persuade You to Plant a Tree

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Categories: Economics

Babies, Budgets, and Community Bonds: The Biggest Test for the Sharing Economy

Shareable Magazine - April 22, 2016 - 07:27

When I first wrote my article for Shareable outlining my experiment for 2016, I wasn’t completely honest with you all. In fact, I had a pretty big hidden agenda. After last year's adventure in London, I had come back to Sydney to settle and start on the next big adventure of my life -- parenthood.

Categories: Economics

Off The Cuff: The Fed's Frenzy Of Emergency Meetings

Chris Martenson - April 21, 2016 - 22:34

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • Part Time Nation
    • Our job market has been hollowed out
  • Emergency Fed Meetings
    • What exactly is going on behind the scenes?
  • Lower Returns & Lower Prices
    • Pretty much what we have to look forward to from these markets
  • Chinese Capital Flight
    • Driving so much of today's overvaluations

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Categories: Economics

Daily Digest 4/21 - Silicon Valley In Meltdown, Who Owns The Earth?

Chris Martenson - April 21, 2016 - 08:20
  • Silicon Valley in Meltdown as Intel Slashes 12,000 Jobs
  • Intel Confirms Major Layoff, 11 percent of Employees To Go
  • IBM Layoff Epidemic Spreads Worldwide
  • 4 Men with 4 Very Different Incomes Open Up About the Lives They Can Afford
  • Central Banks Are Trapped - Are Higher Interest Rates The Only Answer?
  • All Hail the Mighty Silver Bugs
  • Silver: Not Time to Worry
  • Investment School Of Rock
  • Dualism Makes LNR Go
  • Will Demand For Electricity Ever Start Growing Again? — The Wall Street View
  • Unnatural Selection
  • Thirsty cities begin to eye water from the Great Lakes
  • Who Owns The Earth?

Join the conversation »

Categories: Economics

Neighborhood Stories: Empowering People to Tell the Stories of their Community

Shareable Magazine - April 20, 2016 - 09:15

Shareable has a strong focus on sharing cities—places where sharing drives sustainable and just solutions around transportation, housing, work, community, food, public space and more, from the municipal level down to the neighborhood and the individual.

Sharing cities are also places where people know and share the stories about the issues, joys and challenges that affect everyone.

Categories: Economics