The sharing economy is changing how and what we consume by providing an expanded access to products, services and skills beyond that of singular ownership. Now more than ever it has become clear that we don’t need to own everything, in fact, we don’t need stuff but rather the utility it provides. This has led to the rise in borrowing, renting, trading, bartering and swapping products and services, connecting our needs with what others already have.
The US is clearly now pushing Russia towards war. But if you read the signs correctly, Russia has been preparing for exactly this outcome for many years.
Out of several reasons that US power brokers specifically -- but western power brokers more generally -- are deeply unhappy with Russia right now is that Russia is committing a cardinal sin: it is openly, brazenly calling for an end to dollar dominance and has moved aggressively with China to achieve that aim.
One thing that is absolutely crystal clear at this point is that Putin and Russia consider the US and its dollar hegemony to be a parasitic anachronism that no longer serves anybody besides the US. Putin has made many direct comments to that effect and then followed them up with concrete deals struck in ways that bypass the dollar entirely.
Here's what he said back in 2011, well before any of the recent action started:
Three simple recipes to make you own tooth paste. A great way to ensure good dental hygene and know exactly what is in your toothpaste.
Photo credit: Pueblo Semilla
- Iraq crisis: Islamic militants 'buried alive Yazidi women and children in attack that killed 500'
- World Reserve Currencies: What Happened During Previous Periods of Transition?
- Insight: Plutocracy trumping democracy
- The Tocalino Index
- MIT Made A Material That Makes Fluids Forget About Gravity
- Without Breaking a Sweat, a Doctor Tracks Ebola and Other Epidemics
- Water and air are all you need to make one of world’s most important chemicals
- Mobile Wi-Fi Gizmos Don’t Need No Stinkin’ Batteries
It’s amazing to me how versatile onions are. They are in so many different recipes. I can’t imagine cooking without good onions from the garden. The challenge is to harvest and store them in a way that preserves them for the longest period of time.
In this talk to the Global Exchange Gathering last week, I show how the competition between timebanking platforms is a result of the software structures, and how even if different platforms can't share code, the can still service their users by becoming more interoperable.
The talk was very well received perhaps because I spent the previous five days in reconnaissance, and thus was able to say what this audience needed to hear.
Over the past few years, we've tracked the success of Farmland LP, a fund created to increase the economic yield of farmland through sustainable farming practices.
Today's big news is that, while the initial LP fund closed to new investors last year, the same management team has just launched a new fund, this time structured as a real estate investment trust (REIT).
- Kurdish Forces Confront ISIS Fighters as U.S. Airstrikes Continue
- For Refugees on Mountain, ‘No Water, Nothing’
- Obama signals long U.S. military role in Iraq
- What’s the Worst Place to Be When the Power Goes Out?
- Tracing Ebola’s Breakout to an African 2-Year-Old
- American Horror, Ivy League Edition
- China Loosens Monetary Conditions in Test of Credit Power
- Japan Prepares To Release Thousands Of Tons Of Fukushima Groundwater Into The Pacific
- The Spies Next Door
- Jim Rogers: Investing during risky times
- The West on the wrong path
- China’s Economy: Third Stage of Economic Collapse
- The Big One - 2014 Version - Maybe
- Ebola Response Too Slow as Tally of the Dead Nears 1,000
- Cashew Juice, the Apple of Pepsi’s Eye
- Fukushima Watch: Regulator Says Tepco Must Focus on Trench Water
Chapter 8 of the Crash Course is now publicly available and ready for watching below.
As a follow-on to the two previous chapters -- one explaining the nature of fiat money, the other showing how money is loaned into existence through our fractional reserve banking system -- this week's video details the Fed's near-magical ability to create money out of thin air (literally!).
A great list of uses and reasons to have a supply of tea tree essential oil on hand.
Living the New Economy is a major event slated for Oakland, California October 23-26.
LNE Oakland is designed to be different from any event you’ve attended before. Drawing inspiration from hackathons, conferences, networking events, festivals, and jams, the result is a unique event that has components of each. More than a conference, this is a convergence.
The first two days will be provide opportunities for you to “hear about thriving New Economy projects, identify gaps and opportunities, and find out how you can plug into the New Economy on a personal level.” During the second two days the New Economy principles will be explored and “participants will collaborate in teams to develop a business idea, program, art project, or anything that supports the transition to a New Economy.”
Get tickets NOW to receive substantial early bird discounts available until August 15. Register and get tickets here.
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This article originally appeared at Equals Change. It is republished with permission in honor of Indigenous People's Day, which is tomorrow Saturday, August 9, 2014. Top image: A forest managed by the Mayangna people in Nicaragua. Photo credit: Alam Ramírez Zelaya / Flickr.
- Stampede of Mergers Could Mean Growth, or Irrationality, Ahead
- Bubble Mania: Is The Mother Of All Bubbles About To Burst In 2014?
- Can Europe Survive Without Russian Gas?
- Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax
- Russia Bans Food Imports From U.S., EU, Australia, Canada, Norway
- In Ebola Outbreak, Who Should Get Experimental Drug?
- Butt batteries: Scientists store energy in used cigarette filters
- County of 95 Sees Opportunity in Toxic Waste
Co-authored with Sarah Baird of Center for a New American Dream. Images from Cumberland County Library.
Seed-sharing initiatives — which allow participants to “borrow” seeds from a library at the beginning of the gardening season and “donate” seeds back to the library after harvest — are cropping up all across the country. They have become a proven way to help build community, support local agriculture, and kickstart the sharing movement.
This looks like a great setup for generating your own heat with the power of the sun. I just might have to build one of theseas an upcoming weekend project for my office in the garage.
I will be giving a free presentation in Tucson on August 18 to show local small businesses how to create liquidity based on their own capacity to produce desired goods and services.
Details can be found at: https://beyondmoney.files.wordpress.com/2014/08/2014-tucson-flyer-local.pdf
Even if you don’t live anywhere near Tucson, I’m sure this will be of interest to many in your network so please help to get the word out. Our communities cannot afford to be complacent. We need new creative approaches to economic development, and locally controlled exchange alternatives are a key requirement to future prosperity, resilience, and a sustainable world.
This presentation will be recorded and made available on this website following the event.
Thomas H. Greco
As controversy around Lyft and Uber continues unabated, a new and interesting wrinkle emerges. This week, both companies announced products that enable people who are headed in the same direction to actually share a ride.