Here are our Top 5 Recommended Stories this week:
Interest charges are a strongly regressive tax that the poor pay to the rich. A public banking system could realize savings up to 40 percent - allowing taxes to be cut, services increased and market stability created - with banks feeding the economy rather than feeding off it.In the 2012 edition of Occupy Money released last week, Professor Margrit Kennedy writes that a stunning 35 percent to 40 percent of everything we buy goes to interest. This interest goes to bankers, financiers...
Truth-out.org
The following ideas were generated by the more than 85 people who participated in the World Cafe discussion that was part of the Economics of Happiness Summit + Launch of the Common Wealth Time Bank on September 3rd, 2012. We hope they will inspire and challenge you to make at least some of these changes in your own life and in your wider community.
Wake up to your own role in creating a new future. This new perspective of the current state of our planet features top scientific, indigenous and activist minds from around the world. Now available for the first-time ever on video, The Awakening the Dreamer, Changing the Dream Symposium empowers participants to respond to the urgency and the opportunity of our times with action and informed, grounded optimism. This documentary film is normally experienced as a part of a larger...
Documentary - 90 min
A new initiative is re-energising the Occupy movement. Called the Rolling Jubilee, it is a plan to use money from donations to buy distressed consumer debt from lenders at a marked down price, just as debt collection agencies normally would. But instead of hounding debtors for payments, it will simply cancel the debts. The hope is that the liberated debtors will themselves contribute to the fund, "rolling" the jubilee forward.The Rolling Jubilee is a genius move for several reasons. First...
Throughout this long, crazy campaign, there’s been a tension simmering between empiricists like Nate Silver and Sam Wang, who cited poll data showing Obama with a small but durable lead, and pundits who trusted their “guts” and the “narrative,” both of which indicated that Romney had all the momentum after the first debate.In the face of model projections like Silver’s, Jonah Goldberg said that “the soul … is not so...
Grist.org
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