economy

The Story of Solutions: Why Bigger is Not Better

For five years Annie Leonard and the folks from the innovative Story of Stuff Project have been creating compact educational videos explaining complicated ideas in a very accessible and easy to understand format. One of their most recent short films, The Story of Solutions, is perhaps the most hopeful and inspiring in the series.

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Swiss Consider Adopting a Guaranteed Basic Income

In an attempt to reverse rampant extreme poverty and severe economic inequities, the Swiss populace is now demanding a vote to implement a Basic Income for all of its citizens. These proposed economic reforms would mandate $2500 francs monthly for every adult; regardless if they are rich or poor, all people would be treated equally.

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Romney & Ryan: Going Back to the Future that Destroyed Our Nation’s Economy?

Just as newly christened potential vice presidential candidate Paul Ryan told his supporters that he was “thrilled to be a part of America’s comeback team”, the Obama campaign released another endearing nickname for the political duo: “The Go Back Team”. It is inexplicable why these Republicans keep desperately clinging to the belief that the miserably failed trickle down economics fraud that already drove our country off a cliff is still somehow a viable solution.

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United States is Now the Most Unequal of All Industrialized Nations

Jon Stewart spoke with Nobel Prize-winning economist Joseph Stiglitz about how the extreme concentration of wealth in the hands of a few plutocrats is destroying the very principles upon which our country was founded:
“It seems like people are not angry at wealth or success, they get frustrated by what appears to be an entirely different set of rules put in place by the wealthy, who then say: ‘Hey man, I’m just playing by the rules’, as though those rules were an arbitrary design of the free market.”

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Global Elites Hide Trillions in Secret Offshore Economy Each Year

A new report has been published which compiles detailed information about the enormous amount of money that is being hidden by billionaires in offshore accounts. The research, The Price of Offshore Revisited, shows that over 21 trillion dollars, more than the total combined GDPs of both the United States and Japan, are being sequestered out of sight into the legally murky offshore economy. The super elite are using every available resource to exploit loopholes in cross-border tax rules to avoid paying their fair share.

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Streetbank Makes Sharing with Your Neighbors Easy

Streetbank is a free website that helps you to more easily share and borrow things or skills from your neighbors. It connects you to a local network of other people who are also interested in lending, sharing their abilities and building regional community — it is meant for anyone to use for free, and is specifically not about making money or a profit, or for any professionals to sell their services. It exists simply to help promote the common good.

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Money is Fiction: Working to End the Monetary System

Imagine a world where money does not exist; it’s not difficult, if you try. Money itself is useless — you can not eat a twenty-dollar bill sandwich, or live in a house constructed entirely of silver dollars — all that we need are the things that money can buy for us. Now is the time to re-imagine how our lives would look without wages, debt, interest or any form of money.

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Student Loan Forgiveness Act Introduced into Congress by Hansen Clarke

This week Michigan Representative Hansen Clarke introduced the Student Loan Forgiveness Act, HR4170, into Congress. Hansen’s proposed bill will allow for all student loans to be forgiven if the borrower can make payments equivalent to 10% of their discretionary income for 10 years. After that point in time, the entire remaining balance of their federal student loan debt would then be expunged.

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Sacred Economics: Money is a Societal Construct with No Inherent Meaning

My sustainable economics reading group recently finished Charles Eisenstein’s seminal book, “Sacred Economics: Money, Gift and Society in the Age of Transition”. Everyone should read this amazing book. The text is very accessible, engrossing and compelling; the concepts that it raises may radically change how you perceive the concept of money, community, scarcity, the world that we live in, and your own personal identity.

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Rachel Maddow’s New Book Tackles the Military Industrial Complex

Rhodes Scholar and former AIDS activist Dr. Rachel Maddow’s greatly anticipated first book deals with how the bloated expanding military budget has highjacked our nation. “Drift” will be released by Random House on March 27th of this year. The publication analyzes the unsustainability of the distorted over-militarization of our culture, and what we must do to change course.

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Trickle Down Economics is a Vicious Fraud

The highly esteemed economist, Robert Reich, clearly explains what some of our country’s largest financial system problems are, offers a clear plan with well defined policy solutions, and presents this concise message to President Obama:

“We’ll give you a mandate in your second term to raise taxes on the rich, including capital gains taxes, and put a tax on financial transactions, also, resurrect the Glass-Steagall Act, limit the size of big banks, and force them to modify the loans of millions of Americans who are now underwater; and invest in public schools and other infrastructure so that all Americans can prosper in this new economy.”

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Help OlyKraut Grow: Investing in Our Local Food System

Much in the same manner that OlyKraut supports and reaches out to many small local farmers in the area, the burgeoning food business is now seeking help from each of you to be able to grow their young company. Sash and Summer have just created a short video to explain why raw fermented vegetables are so very important for our diet, as well as what their growing business now needs in order to thrive.

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