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Creative Commons' Bold New Strategy to Empower Its Community

Shareable Magazine - May 10, 2017 - 16:33

There are substantial problems with copyright — notably, the burden it places on people from being able to freely quote, remix, and build upon cultural works. The public's right to do these things is critical, because it forms the basis for scientific progress, dynamic culture, and free expression. At the same time, the right of authors to retain some control over their works can be important too. But many laws around the world are written so that they completely prevent people from sharing or using digital works such as music, photos, movies, and research.

Categories: Economics

Podcast: How is the New Economy Embodied in a Pint of Beer?

Shareable Magazine - May 10, 2017 - 13:25

Once an important life-force of early civilization and an ancient crafter of community, beer was — like many things under our current economic system — twisted by the forces of the market and the drive for profit.

Categories: Economics

The End Of Money

Chris Martenson - May 10, 2017 - 12:27

Today's lofty asset prices are dependent on one thing far beyond all else: continued massive amounts of liquidity injected each and every month by the world's central banks.

Over $12 trillion in "thin air" money has been printed up by the world's central banks since the start of the Great Recession. And so far in 2017, a fresh $200 billion is added to the pile each month(!)

This makes the future price trajectory for stocks, bonds, real estate and nearly every other asset class more dependent on central bank policy than at any time in history. Investors need to ask: What are the central banks most likely to do next, and what will the repercussions be?

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Categories: Economics

Daily Digest 5/10 - Crisis In Venezuela, PA Budget Woes Deepen

Chris Martenson - May 10, 2017 - 06:15
  • Firing Fuels Calls for Independent Investigator, Even From Republicans
  • Poop bombs: the Venezuelan opposition’s new weapon
  • Hidden numbers reveal scale of Venezuela’s economic crisis
  • Ventura adjusts CalPERS payments
  • Rahm Delays Briefings For Aldermen On How CPS Will Fill Massive Budget Gap (Chicago)
  • Texas House approves Houston pension reform bill
  • U.K. corporate deficits rise in April
  • Oregon raises almost $75 million in tax revenue from marijuana sales
  • Pennsylvania’s budget woes will deepen with aging population
  • Slow revenue growth worries cash-strapped states

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Categories: Economics

A New Primer Sheds Light on the Commons and P2P Practices

Shareable Magazine - May 9, 2017 - 10:35

The Commons is a concept and practice that has been steadily gathering increased attention and advocacy. Deeply rooted in human history, it's difficult to settle on a single definition that covers its broad potential for social, economic, cultural, and political change. The Commons is now demonstrating its power as a "key ingredient" for change in diverse locations and contexts around the world.

Categories: Economics

3 Things We Learned About the Sustainability Movement at Future Earth

Shareable Magazine - May 9, 2017 - 09:35

Last week, I attended a three-day workshop held by Future Earth's Systems of Sustainable Consumption and Production (SSCP) knowledge action network at the National Socio-Environmental Synthesis Center (SESYNC) in Annapolis, Maryland. If that sounds bewildering, you're not alone. Half of the first day was spent just explaining the institutional context of the workshop.

Categories: Economics

Daily Digest 5/9 - The Biggest Bank Run In History, A Sobering Look At The Future Of Oil

Chris Martenson - May 9, 2017 - 07:08
  • The Long, Hard, Unprecedented Fall of Sears
  • CENTRAL BANK MARKET RIGGING: Horrified About The Biggest Global Bank Run In History
  • Sinclair Acquires Tribune Media for $3.9 Billion
  • The Kushner Project Touted in China Is in Trouble at Home
  • This Obscure Metal Soared 70%
  • The Question Sally Yates Couldn't Answer
  • A Sobering Look At The Future Of Oil
  • Colony collapse: 10 years after the crisis began, what is happening to the world's bees?

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Categories: Economics

Is it Possible to Have a Better, Democratic Co-op Without Elections?

Shareable Magazine - May 8, 2017 - 08:30

All large cooperative and membership organizations (nonprofits, worker-owned enterprises, etc.) that seek to govern themselves democratically face a perennial problem. How can an organization maintain member interest in matters of organizational governance year after year, and avoid management capture?

Categories: Economics

Daily Digest 5/8 - Puerto Ricans Face ‘Sacrifice Everywhere,’ Can Mushrooms Save The Honeybee?

Chris Martenson - May 8, 2017 - 05:18
  • Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island
  • Is The Gig Economy Working?
  • Seven unusual trends taking hold since Trump’s inauguration
  • How Your Brain is Turned Against You
  • How the Government Predicts The Future – Inside the “Sentient World Simulation”
  • Gaza is a concentration camp, and it’s an American delusion not to recognize that — Weschler
  • Coal Just Can’t Compete, Despite Trump’s Promises
  • Can Mushrooms Save the Honey Bee?

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Categories: Economics

Art Berman: Don't Get Used To Today's Low Oil Prices

Chris Martenson - May 7, 2017 - 12:00

Oil expert and geological consultant Art Berman returns to the podcast this week to address head-on the question: Was the Peak Oil theory wrong? With the world "awash" in sub-$50 per barrel oil, were all the warnings about persistently higher future oil prices just a bunch of alarmist hand-wringing?

In a word: No.

Art explains how the current glut of oil created by the US shale boom -- along with high crude output by both OPEC and non-OPEC  producers -- is a temporary anomaly. Fundamentally, we are not finding nearly as much oil as we need to continue our demand curve; and at the same time, we are extracting our reserves at a faster rate than ever. That's a mathematical recipe for a coming supply crunch. It's not a matter of if, but when.

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Categories: Economics

Daily Digest 5/6 - The Cost Of Healthcare, Why Are The Oil Markets Crashing?

Chris Martenson - May 6, 2017 - 10:28
  • Blood test: $522 or $19? MRI: $750 or $495? Tell us what health care is costing you
  • Buying Mania Will Push Silver Price Much Higher As Dow Jones-Silver Ratio Falls Back Towards 50/1
  • Harry Dent Is Right About One Thing
  • Feds propose heightened social media vetting of visa applicants
  • Sold For Parts
  • Why Are The Oil Markets Crashing?
  • Good Coffee Shouldn’t Have to Cost More Than $1

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Categories: Economics

Sympathy For The Devil?

Chris Martenson - May 5, 2017 - 12:32

We're at the point where those at the apex of power are becoming increasingly desperate to maintain their unfair advantage.

And as the economic pie refuses to grow due to the twin overload of too much debt and declining net energy, these apex predators will turn on each other -- first to maintain their spoils, and then simply to survive.

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Categories: Economics

Daily Digest 5/5 - Good News Friday: Unemployment Rate Lowest In A Decade, Your Work Matters

Chris Martenson - May 5, 2017 - 10:52
  • Unemployment rate drops to lowest level in a decade in April as economy adds 211,000 jobs
  • To Everyone Who Feels Behind: Your Work Matters
  • Shape-changing fog screen invented
  • Men Slowly Return to the Labor Force
  • Tutu Protests And Parties Break Out In Wyoming Over Senator's Remark
  • Treasury denies Exxon waiver from Russian sanctions
  • Thermo-chemical energy: Uni Newcastle unveils challenge to solar + storage

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Categories: Economics

Portland, Ore., Becomes First Major U.S. City to End All New Investment in Corporations

To avoid doing business with socially irresponsible corporations, the city is willing to lose investment income—about $4.5 million a year.
Categories: Economics

How a Cooperative in Indonesia is Bridging the Digital Divide

Shareable Magazine - May 4, 2017 - 12:32

Indonesia is one of the world's hottest and fastest growing digital markets. "With around 90 million Internet users and more than 281 million active mobile phone subscriptions, we can anticipate the development of the digital ecosystem in Indonesia that will lead the growth," Shinta W.

Categories: Economics

The 'Malaga Charter' is a Statement of Purpose for a New, Equitable Economy

Shareable Magazine - May 4, 2017 - 09:42

We participated in the New Economy and Social Innovation Global Forum in Málaga, Spain, last month. It was an inspiring and thought-provoking event that explored how we can design economic systems that serve everyone, and not just the wealthy. The three-day conference drew approximately 700 people from around the globe. In addition to keynotes and panel discussions, there were "open space" sessions where participants worked together to come up with action steps that could be taken to support the growth of the new economy. 

Categories: Economics

Daily Digest 5/4 - U.S Gold Scrap Market Drying Up, Oil Price Collapse Is 'Permanent

Chris Martenson - May 4, 2017 - 09:26
  • GOP Sets Do-Or-Die Vote to Deliver on Obamacare Repeal Promise
  • Best Investment Practices?
  • Citizens don’t have ‘absolute’ right over their bodies, privacy complaint is ‘bogus’ - Indian govt
  • The Danger Of 'Black Velvet' Stocks
  • You're Not Going To Believe What I'm About To Tell You
  • Why Did The Tourist Cross The Ocean?
  • Debt Is Financial Life? Nonsense
  • U.S Gold Scrap Market Drying Up: Americans Pawned Off Their Best Asset To Go Further Into Debt
  • Oil price collapse is 'permanent'; analyst says fossil fuel has had its day
  • Saudi Power Struggle Could Destabilize The Entire Middle East

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Categories: Economics

Off The Cuff: Sowing The Seeds Of Our Self-Destruction

Chris Martenson - May 4, 2017 - 01:11

In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

  • Our Sick Culture
    • Disconnected and depressive
  • We Are Deficient In Meaning
    • More & more of us live without purpose and value
  • Emotional Resilience
    • Each of us has the ability to chart a better course
  • Engaging Others
    • How to help others break free, too

This week's Off The Cuff takes a more existential turn, as Chris and Charles focus on the many broken elements of today's culture, and the toxic effects they have on our quality of life. With so much social disconnectedness and disappearing prosperity, more and more of the population is simply surviving as opposed to living.

To have quality of life, it is becoming more important than ever for each of us to become the captain of our own destiny, and seek to break out of the current our culture is dragging us along with.

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.

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Categories: Economics

What in the world is going on?

Beyond Money - May 2, 2017 - 11:37

Here is a presentation titled, War and Peace in the Age of Trump, by former Congressman and Budget Director in the Reagan administration, David Stockman, in which he points out some “inconvenient facts” and explains “the warfare state” and the “false narratives” that it promotes to shape public opinion.

Among other things, Stockman point out that there is no existential threat to the United States that would justify the massive U.S. military-industrial-intelligence complex, the policy of regime change, and interventions in the Middle-east, Africa, and all around the world. Even the the recent acts of terrorism and the refugee crisis in Europe are blowback from the mayhem that the U.S. and NATO have been unleashing in those regions.

Edit: Paul Craig Roberts adds some further important details to the picture.

Categories: Blogs