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09 Nov 09

Richard C. Cook » Blog Archive » Thomas Greco’s “The End of Money and the Future of Civilization”: A Review by Richard C. Cook

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economic-crash economics USA money

Rather it’s about individuals, groups, and communities taking control of the monetary system at the grassroots level and creating an entirely new basis for trade than bank-owed debt.
So let them have their weapons and wars. With all due respect to those brave enough to protest, it’s time for people simply to walk away and set up their own economic and monetary systems as a prelude to a rebirth of humanity as ethical beings in sustainable communities of choice.

The keys, says Greco, are simple: “Promote the establishment of private complementary exchange systems—and use them. Buy from your friends and neighbors wherever possible. Contribute your time, energy, and money to whatever moves things in the right direction.”
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- Greco also recommends that the unit of exchange for alternative currencies be based on the value of commodities—not necessarily gold or silver, which bankers and governments manipulate, but those commodities readily available within a trading system.
- ystems of exchange reflect entirely different perceptions of the world. Bank-money exchange reflects and creates a system of elite control and human slavery. Reciprocal credit exchange reflects and creates a democratic system on a level monetary playing field.
- The difference points to the fact that such reform is, above all, a spiritual endeavor. Thomas Greco has devoted decades to this quest and is one of its foremost visionaries. In an Epilogue he writes: “We will either learn to put aside sectarian differences, to recognize all life as one life, to cooperate in sharing earth’s bounty, and yield control to a higher power—or we will find ourselves embroiled in ever-more destructive conflicts that will leave the planet in ruins and avail only the meanest form of existence for the few, if any, who survive.”
  
  It’s a vision we can all strive to embrace.

27 Aug 09

How Bad Will the Economy Get? Really, Really Bad | Corporate Accountability and WorkPlace | AlterNet

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economy economic-crash finances

11 Oct 08

Wired 7.09: Prophets of Boom

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economy predictions wired kevin-kelly economic-crash

Bull markets end when a generation stops spending
and stops being more productive as worke
Our growth boom will end around
2008 or 2009, as the boomer generation begins to cut its spending. We'll
see falling prices, high unemployment, and massive consolidation in industry.
This depressionary economy will last for about 12 to 14 years, from
approximately
2009 to 2022.

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eyal matsliah's Library tagged economic-crash → View Popular

Richard C. Cook » Blog Archive » Thomas Greco’s “The End of Money and the Future of Civilization”: A Review by Richard C. Cook

How Bad Will the Economy Get? Really, Really Bad | Corporate Accountability and WorkPlace | AlterNet

Wired 7.09: Prophets of Boom

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