Archive for the ‘My activities’ Category

2011 End-of-year Newsletter

December 18, 2011

Holiday Greetings!

Here is an update on what I’ve been thinking and doing since my return from Asia two months ago. I know this is a busy time of year for everyone, so I’ll keep it brief.

Michigan conference and presentation links

The 2011 International Conference on Sustainability, Transition & Culture Change: Vision, Action, Leadership that was held in Michigan in November was very productive and enjoyable. Amongst the participants with whom I had opportunity to interact were Australian economist Steve Keen, author of Debunking Economics, Nicole Foss of Automatic Earth, and Albert Bates of the Eco-village Training Center and The Farm in Tennessee. I was also inspired to hear the stories of a number of land-based participants from Michigan and the Midwest who have taken significant steps to prepare for the transformation and are well positioned to thrive throughout the chrysalis stage of the ongoing societal metamorphosis.

I gave a somewhat abbreviated version of my slide presentation on The Emerging Butterfly Society. This was recorded, along with the rest of the conference proceedings, and can be accessed at http://www.livestream.com/localfuture/video?clipId=pla_ade24121-d46d-4448-863c-babe129a604f . Be sure to also watch Albert Bates’ amazing story about the history of The Farm. It’s a remarkable tale of what a small group of people can achieve to help others when they have love in their hearts and shared objectives.

I was also invited, by one of my colleagues who lives in the area, to be interviewed for a cable TV series that he produces (Investigating Community Resilience), for a program called Outside In. On the day following the conference we met at Up North studio in Traverse City, Michigan to record two half-hour segments that were to be broadcast via cable during the following weeks. These are now available on the program website. The first segment can be downloaded at http://ir.nrec.org/content/author-tom-greco-talk-about-history-money-and-debt, and the second at http://ir.nrec.org/content/more-tom-greco.

I think these went particularly well because the interviewer, Dave Barrons, is an TV personality with many years of experience who has a strong interest in the topics of my books and was well prepared with some excellent questions. Please watch these and pass the word along to your networks.

The next in this series of Local Future conferences is being planned for the end of May 2012. Since next year’s BALLE conference will be held in Grand Rapids from May 15 to 18, it seems advantageous to hold it in the same city immediately following. Watch the LF website for details.

Jubilee: The only way out of the Global Financial Predicament

As I wrote more than three years ago in The End of Money, “the growth god is dead.” We must face the fact that the limits to physical growth have been reached. This does not necessarily mean a decline in living standards or a global war for control of resources. There is plenty enough to provide a dignified life for everyone on the planet and even two or three billion more. We have been tremendously successful in developing “labor saving” machinery and technologies that can make us more healthier and more comfortable. The problem is that those benefits have not been equitably distributed and the whole range of incentives that are built into the industrial society promotes waste and conflict. We can all live much better while consuming less stuff, but to achieve that we’ll need to reinvent money, banking and finance. Accelerating debt growth cannot continue much longer. One way or another, much of the existing debt will need to be written off in the coming years. Will it be done deliberately, fairly, and systematically, or in a chaotic collapse of the global financial system?

If you want to understand what is happening on the global financial front, please watch this dialog between Chris Martenson and James Turk as they talk about Europe and the global economy: http://www.youtube.com/watch?feature=player_embedded&v=BsMj59hyJOQ.

And for a good understanding of the underlying factors that are bringing an the end to growth, and to get some direction on what to do to adapt, you may want to consult the following:

  • Richard Heinberg (The End of Growth: Adapting to Our New Economy),
  • Michael Ruppert (Confronting Collapse: The Crisis of Energy and Money in a Post Peak Oil World and Crossing the Rubicon: The Decline of the American Empire at the End of the Age of Oil),
  • Chris Martenson (The Crash Course).

The Occupy Movement

Over the past several weeks, I’ve posted a number of comments and links to materials about the Occupy movement. The most recent of these highlights a panel session that was held on November 10th at the New School in New York City. The panel was titled, Occupy Everywhere: On the New Politics and Possibilities of the Movement Against Corporate Power. It featured Oscar-winning filmmaker and author Michael Moore; Naomi Klein, best-selling author of the Shock Doctrine: The Rise of Disaster Capitalism; Rinku Sen of the Applied Research Center and publisher of ColorLines; Occupy Wall Street organizer Patrick Bruner; and journalist William Greider, author of Come Home America, Who Will Tell the People?, and, Secrets of the Temple (about the Federal Reserve). The panelists provided some interesting perspectives on the movement. You can find the video and a transcript of the proceedings at the Democracy Now! website.

Yes! Magazine, in conjunction with Berrett-Koehler Publishers, has just come out with an excellent booklet, This Changes Everything, which both describes and gives some direction to the Occupy movement.

This Changes Everything shows how the movement is shifting the way people view themselves and the world, the kind of society they believe is possible, and their own involvement in creating a society that works for the 99% rather than just the 1%.”

It features brief statements by more than a dozen leading voices, including David Korten, Naomi Klein, and Ralph Nader. You can get a copy from Yes! Magazine.

I’m confident that what began as a protest and expression of dissatisfaction with the status quo will quickly shift into a broad-based citizens’ movement to establish a true government “by the people and for the people” and a world that works for all. If you’re not already a part of this exciting process, Get Informed and get onboard…

Plato o plomo

I recently read the book, Killing Pablo, a story written by Mark Bowden (Black Hawk Down). I didn’t seek it out, it just appeared, so I grabbed it. It’s all about money, drugs, power, violence, and corruption, specifically related to the Columbian drug cartels and Pablo Escobar. It is an astounding example of the breakdown of law and order and the corrupting power of extreme wealth, particularly when in the hands of ruthless sociopaths. That is not to say that Escobar was the only one using the tactics of violence and terror. In the end, it seems it was the use of those same tactics by paramilitary groups with shadowy connections to both the Columbian and U.S. governments that brought Escobar down.

This is a chilling story of what can happen when terror, intimidation, and assassinations become a way of political life. The cartels and power brokers had (have?) a way of posing a choice to the government and military officials they sought to corrupt—plato o plomo, (silver or lead)? That was no idle threat. The cartel(s) had (have?) the wherewithal to carry it out. No one was safe in Columbia during that time. They could protect neither themselves nor their families. Police, soldiers, politicians, legislators, and judges were assassinated by the thousands, their family members kidnapped and often murdered, and innocent civilians killed in frequent bombings. This is a book that will cure you of any residual naiveté you may have regarding money, power, and politics.

THRIVE

I recently viewed the movie THRIVE: What on Earth Will it Take?, and attended a discussion group about it in Berkeley. The movie, a documentary produced by Foster Gamble, addresses the same basic questions that set me on my current path many years ago, namely, why is there so much suffering and deprivation amidst great opulence, and why is the earth being continually despoiled with no end in sight? What will it take to enable everyone on the planet to live a dignified life and realize their full potential?

While some may not relate well to the first part of the movie that considers free energy and UFOs, the movie is well worth viewing for its description of the domineering mindset and elite control that characterize our present reality, and for its inspirational vision of what our future could be. THRIVE groups are springing up in many places as people seek to understand the dimensions of our situation, and to help one another decide on appropriate actions.

*     *     *

Finally, this verse from a Christmas card caught my eye:

     May the true meaning of Christmas fill your heart with happiness all year!

Whatever your religious background might be, I invite you to contemplate these questions, What is the true meaning of Christmas? What is it that all religions are supposed to provide? How can we make religion a force that brings us all together instead of one that separates us?

And here is my wish for the New Year, and forever more—

        Peace on Earth and Good Will Toward All!

Tom

Newsletter-Fall 2011

October 20, 2011

Update

Hi all,

As you know, I’ve been residing in Thailand since the middle of June, but I’m sensing a call to get to where the action is, and right now that seems to be North America. So, I’ll be returning to the U.S. soon.

First on my agenda is to collect my mail and gather some warm clothing, then I’ll head for Michigan to participate in the International Conference on Sustainability, Transition and Culture Change, near Traverse City, Thursday, Nov. 10 – Monday, Nov. 14, 2011 at the Shanty Creek Resorts, Bellaire, Michigan.
http://sustainabilityconference.org/index.htm.

That conference could be the initiating event for an ongoing process of design, strategy planning, and implementation of alternative systems, especially systems of exchange and finance. I’m encouraging all who are able to attend and to pass the word to your networks. Notable participates will be Australian economist Steve Keen and Nicole Foss of Automatic Earth.

Over the coming weeks or months I’ll be available and open to invitations to speak, confer, and collaborate. [Contact me by entering a comment to this post]. You can view/hear many of my presentations and interviews by scanning the sidebar on this website. Some of my most notable recent presentations are on my Vimeo site: http://vimeo.com/tomazg/videos

I’ve been watching with great interest the OWS movement and am encouraged to see that so many people are no longer willing to tolerate the status quo. I’ve posted a few items about it recently on this site and will post more in the future. This may be the surge that begins the kind of real change that people have been looking for.

Demonstrations and other expressions of discontent can help to inspire people and encourage them to act, but that energy must be applied in ways that can effect real change. I’m generally optimistic about the prospects for a successful metamorphic change in civilization, but it will require us to learn radical ways of sharing, cooperation, and organization.

If we are to make the necessary shift of power away from Wall Street and Washington, we will need to reduce our dependence upon their systems and structures (like political money and banks) and organize new structures that empower people. Let’s work together to provide the direction this movement needs.

Just Released

Pertinent to that is the release a new book from EVOLVER EDITIONS/North Atlantic Books. Edited by Daniel Pinchbeck and Ken Jordan, and titled, What Comes After Money: Essays from Reality Sandwich on Transforming Currency & Commerce, this anthology includes “thoughtful, provocative essays from economist Bernard Lietaer, media theorist Douglas Rushkoff, Sacred Economics author Charles Eisenstein, musician Paul D. Miller (a.k.a. DJ Spooky), theoretical physicist Amit Goswami, Larry Harvey (founder of Burning Man), alternative historian Peter Lamborn Wilson,” and yours truly, Thomas Greco. My essay is titled, Local Control of Credit: The Foundation of Economic Democracy (p. 191).

In his introduction to the book, Daniel talks about the emergence of a conscious culture to challenge Wall Street’s consumerist paradigm. You can read it here: http://www.realitysandwich.com/impossible_alternative. More information about the book can be found at Amazon.com, which is offering the book at a discounted price.

Thailand Floods

Many people have been asking about the flooding in Thailand that has been widely reported in the news. Monsoon rains are normal for this part of the world, but this has been one of the rainiest years on record. A large amount of farmland has been inundated and some crops destroyed, but the biggest problems are in the urban and industrial areas that are built along the major rivers. As is the case everywhere, land is quite valuable in such areas and attempts are made to fill in marshland and restrict waterways to narrow channels. Nature has no regard for such activities. One of the worst effects of flooding is the increase in illnesses from water-borne microbes as floodwater is contaminated with sewage, which can also cause food supplies to be contaminated.

Fortunately, Chiang Mai, where I spent most of my time, experienced only a small amount of flooding along the Ping River for a few days a couple weeks ago, but fresh food markets in that area had water standing a foot or two deep, which might have caused some bacterial transfer to food supplies here. There are reports of increased numbers of people visiting emergency clinics and I myself was sick for a while with what seemed like a bad head cold and respiratory congestion. I don’t know if that was flood related but whatever the case I’m better now.

The main problems seem now to be in the south around Bangkok and Ayutthaya where severe flooding continues and has affected a great many people, plus manufacturing facilities, so you may feel some effect as well. Here’s an excerpt from some news reports about that:

Disk manufacturing sites in Thailand — notably including the largest Western Digital plant — were shut down due to floods around Bangkok last week and are expected to remain shut for at least several more days. The end to flooding is not in sight, and Western Digital now says it could take five to eight months to bring its plants back online. Thailand is a major manufacturer of hard drives, and the shutdowns have reduced the industry’s output by 25 percent.

And..

Inner Bangkok has so far escaped major flooding as the authorities divert water to areas outside the main capital in a bid to prevent the Chao Phraya River bursting its banks and flooding the political and economic heartland.

But efforts to keep the city of 12 million people dry have been complicated by a seasonal high tide.

Read more here: http://www.thaivisa.com/forum/topic/506532-thai-pm-says-floods-in-parts-of-bangkok-inevitable/

The airports seem to be OK for now—if the dikes hold. I fly out of Bangkok next week.

Cheers,
Thomas

My movie now available, and the further decline of the dollar

August 5, 2011

In early May, I gave a presentation to the Financial Planning Association, which I titled, Financial Planning in the Emerging Butterfly Economy. The slide show was posted here shortly thereafter. Now, thanks to Bill Jackson, we have that presentation in movie form, complete with my slides and narrative. You will find both of these listed in the sidebar to the right under, My Audio-visual presentations You can also view the movie by going directly to the Slide Show Album on my Vimeo site, http://vimeo.com/album/1660843.

You should also be aware that the United States has for the first time in its history, lost its triple-A debt rating. Standard & Poor’s announced on Friday that “it lowered its long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’. Standard & Poor’s also said that the outlook on the long-term rating is negative,” which suggests that further downgrades are likely. You can read the entire S&P statement here.

The recent budget cuts agreed upon by Congress are a mere drop in the deficit “bucket.” As I said many years ago, so long as the debt-money system based upon compounding interest prevails, the federal government budget cannot be balanced. As we have seen very clearly in the recent bailouts by government of banks and financial institutions, government is the borrower of last resort. If government does not play that role, the entire global financial system collapses, as it almost did in 2008.-t.h.g.

My Summer 2011 Newsletter

July 5, 2011

The long silence

It’s been a long time since I sent out my previous newsletter in mid-February. That doesn’t mean I’ve been inactive—quite the contrary, I’ve just been too busy to document all the things I’ve been doing or to compile the list of important links and resources I want you to know about. This edition is intended to remedy that.

I returned to the U.S. from Asia in mid-February for a four month stint, but am now back in Thailand for an indefinite period. While in America, much of my time and energy was taken up with preparing and delivering some new presentations, providing media interviews, and trying in vain to keep up with email and other correspondence. The first few weeks in Tucson were devoted to resting up, reconnecting with friends and colleagues, and taking care of some personal business details.

By the middle of April, I had completed a new presentation which elaborates the themes that I began expounding more than a year ago about societal metamorphosis and the “Butterfly economy,” and added more material about “new finance” to my perennial topic of alternative exchange.

The North American tour

Long-time friend and associate, Les Squires, made it possible for me to venture up to Colorado for a few days in April to conduct a series of presentations, discussions, and consultations. Highlights of that trip included my presentation titled, Money and Finance in the Emerging Butterfly Economy, which I delivered to the Highland City Club in Boulder, and another presentation on The Butterfly Economy at the Louisville Public Library. These were co-sponsored by various Transitions groups and individuals and will eventually be made available on my website http://beyondmoney.net.

I had a rewarding but exhausting trip back east in May, with family visits sandwiched in between presentations in Florida and Toronto. The first of these was a workshop that I was asked to provide for members of the Financial Planning Association at their annual retreat. I titled it, Financial Planning in the Emerging Butterfly Economy: Realities, Trends and Discontinuities. You can view the power point slide show at http://beyondmoney.files.wordpress.com/2011/07/greco-fpa-powerpointrevpost.pps. I have a recording of my narrative which I would like to combine with the slide show but I’ll need some help to do that. If anyone has the skills and the time to work with me on that, I’d greatly appreciate it.

The hardest part was the last 4 days in Toronto where I gave a lecture at the MINT film festival on the first day, two TV interviews on the second, and workshops on the third and fourth days, with a lot of consultations in between. That trip was hosted by Glen Alan who, as the new director, has put renewed vigor into the Toronto Dollar currency project. Glen, who happens to be a musician and operates a professional recording studio, is well-connected, very effective, and a fountain of energy.

All of the Toronto proceedings were professionally recorded and are in the process of being edited. Glen and Ron Elmy are putting together a DVD that will be available from The MINT Film Festival website in less than a month. Watch for it on http://mintff.org. You can download a short video teaser now at http://www.ronelmy.com/files/thg.zip.

Already posted are my interview with Frank Touby (at http://www.youtube.com/watch?v=vvCruoYcN4Q), and my interview with Hugh Reilly (at http://www.youtube.com/watch?v=s7nOYCRHjOY&feature=player_detailpage).

My particular vision, interests and expertise are, I think, fairly well expressed in these interviews.

I’m hopeful that my Toronto visit and the follow-up activities will have a far reaching positive impact.

Funding the Common Good

CREW

Sometime toward the end of last year I mentioned an exciting new project called, CREW, the purpose of which is to provide a perpetual pool of capital to finance both for-profit and non-profit enterprises that help to create resilient, sustainable communities. It is one instance of an emerging phenomenon called crowd sourcing or crowd funding. CREW is not intended to provide any direct personal gain. Money we put in is not a loan, nor is it an ownership share, but a gift that is intended to be a permanent investment in the common good.

I have great expectations for this initiative, and as a member of the CREW Founder’s Circle, I invite you to join my CREW. We will together decide how the funds in our joint stewardship account will be invested. Just go to http://www.CREWfund.org/tomg, watch the short video, and click on the orange Join Now button.

Recent Posts to my Website

For those of you who do not regularly follow my posts, I’d like to highlight a few especially important ones. You can be notified of new posts by following me (tomazgreco) on Twitter.

  • The war against the middle class. It is ever more apparent that there is a deliberate policy to impoverish and disempower the middle class. As far back as 2006, billionaire Warren Buffet was quoted in the New York Times as saying, “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” More recently, Senator Bernie Sanders, in a speech to his Senate colleagues, plainly described the war that is being waged against the middle class by the super-wealthy elite and their minions in Congress. Find it at this post, http://beyondmoney.net/2011/03/28/what-happened-to-class-war-in-america/, and search “Sanders” on my site for additional material on the subject. This is not simply an American war, but one that is being waged globally, as we see from the austerity that is being imposed on Ireland, Greece, and other “developed” coutries.

One aspect of that war is the ongoing shifting of the tax burden from corporations and wealthy individuals onto the backs of the poor and middle-class. Former Labor Secretary Robert Reich explains that part of it in a 2 minute video. See it at, http://beyondmoney.net/2011/06/20/the-truth-about-the-economy/.

Miscellany

  • I’ve written a new article, Reclaiming the Credit Commons, the Key to a Peaceful and Happy Society, that will be included in an anthology tentatively titled, Self-Sustaining Abundance: The Commons, Beyond Market and State. The book project is being supported by The Heinrich Boell Foundation of Germany, and is being co-edited by Silke Helfrich and David Bollier. It will be published early next year in English, German and Spanish.
  • One of my published articles will be included in the upcoming anthology What Comes After Money? which will be published later this year by Evolver Editions (http://www.evolvereditions.com) in partnership with North Atlantic Books, and will be distributed by Random House.
  • The Chinese translation of my book, The End of Money and the Future of Civilization, is now in print.

I’m reassessing how I want to spend my time and energy from here on out. I’d like to be a little less busy, and direct the bulk of my attention to aspects of my work that are most creative, enjoyable, and effective. I’ll be cutting back on correspondence and lecturing, and emphasizing consultations and collaborations with groups and individuals working on projects that show promise of making major breakthroughs toward interest-free cashless trading, equitable finance, and economic democracy.

May we all find the courage to do what needs to be done, in a joyful spirit and with love in our hearts,

Thomas

Mobile phone (Thailand): +66 84 373 5645
Skype/Twitter name: tomazgreco

“Real Money” features Malaysia confernce presentation

January 7, 2011

Real Money: Money and Payment Systems from an Islamic Perspective is a new anthology from the IIUM Press, Malaysia. Edited by Professor Ahamed Kameel Mydin Meera of the International Islamic University Malaysia (IIUM), this book contains contributions from several authors including yours truly. My chapter titled, The End of Money and the Liberation of Exchange, is essentially a transcript of the presentation I gave at the 2007 Gold Dinar Conference in Kuala Lumpur.

In it, I outlined the basic framework for a global credit clearing network that utilizes no national currencies as payment media and no political currency unit as a value measure. As I did in my first book, Money and Debt: A Solution to the Global Crisis, I argued that the various functions that money is supposed to serve—medium of exchange, measure of value, and store of value—can and must be segregated, and described a global payment system based on direct credit clearing, using an objective, concretely defined measure of value, like the gold Dinar, silver dirham, or some composite commodity standard.

I outlined how this Shari’ah compliant approach could provide inflation-free accounting, achieve full employment, reduce the need for foreign exchange reserves, eliminate exchange rate risks, and provide more equitable trading relations among all the peoples of the world.

My presentation can be viewed at http://video.google.com/googleplayer.swf?docId=-1399011433067824706&hl=en

The book is available from IIUM Press, Kuala Lumpur, Malaysia. Email: rescentre@iium.edu.my. Phone: +6603-6196-4862

Beyondmoney.net: 2010 in review

January 2, 2011

We’re gratified to know how popular our blog has been in 2010. Most of the posts and links here remain pertinent so we expect ever more people to discover and make use of these resources. In any case, we will continue to add useful and timely content throughout 2011. Thanks for your interest; please stay with us. — t.h.g.

The stats helper monkeys at WordPress.com mulled over how this blog did in 2010, and here’s a high level summary of its overall blog health:

Healthy blog!

The Blog-Health-o-Meter™ reads Wow.

Crunchy numbers

Featured image

A helper monkey made this abstract painting, inspired by your stats.

About 3 million people visit the Taj Mahal every year. This blog was viewed about 29,000 times in 2010. If it were the Taj Mahal, it would take about 4 days for that many people to see it.

In 2010, there were 71 new posts, growing the total archive of this blog to 200 posts. There were 9 pictures uploaded, taking up a total of 241kb. That’s about a picture per month.

The busiest day of the year was January 4th with 314 views. The most popular post that day was The Great Inflation of 2010.

Where did they come from?

The top referring sites in 2010 were reinventingmoney.com, facebook.com, en.wikipedia.org, Google Reader, and paulgrignon.netfirms.com.

Some visitors came searching, mostly for beyond money, inflation 2010, abolish the fed, the end of money and the future of civilization, and david pidcock.

Attractions in 2010

These are the posts and pages that got the most views in 2010.

1

The Great Inflation of 2010 June 2009
1 comment

2

The End of Money and the Future of Civilization May 2009
12 comments

3

Identification and Tracking in the Brave New World–RFID Chips and You January 2010
8 comments

4

The Real Meaning of “The Wizard of Oz” January 2010
3 comments

5

Yes, Abolish the Fed, But How? February 2009
12 comments

The International Commons Conference

November 18, 2010

The International Commons Conference held in Berlin, Germany, November 1 and 2, 2010 brought together 180 participants from 34 countries. The conference was sponsored by The Heinrich Böll Foundation and the Commons Strategies Group.

You can find a dossier of the conference highlights, including my six-minute speed presentation on Reclaiming the Credit Commons, here. There is also an ICC wiki, here.

For more information about the commons see the On The Commons website.

Summer Newsletter and other important stuff

August 15, 2010

I’ve just posted my summer newsletter to my other blog, Tom’s News and Views. This edition contains a lot of information about my recent activities, much of which is pertinent to the topics of Beyond Money. You’ll also find there some recent posts that relate to security and survival. Please take a few minutes to read these posts. — t.h.g.

The End of Money book one of top 15 “most shareable” of 2009

March 3, 2010

My latest book, The End of  Money and the Future of Civilization has been rated one of the top 15 SHAREABLE books of 2009. It shares this list with some very good company. Have a look. “Shareable is a nonprofit online magazine that tells the story of sharing.”  The guys who run it have some pretty impressive credentials.

The End of Money places second on P2P Foundation Top 10 list

December 30, 2009

Michel Bauwens, Founder and Director of the P2P Foundation, has rated The End of Money and the Future of Civilization number two on his 2009 list of the top 10 books in support of peer-to-peer practices.

In June 2009, the book was featured as P2P book of the week. My email interview can be seen here.

You can see the entireP2P  Top 10 list, with Bauwens’ comments, here.


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