Here’s a portion of the latest informational brief about the upcoming conference. You’re invited:
Don’t stay away!
(I mean, really, when is the next time you’ll be able to get together with hundreds and hundreds of people rethinking civilization from the ground up?)
Seizing an Alternative: Toward an Ecological Civilization June 4-7, Pomona College, Claremont, CA
ATTEND FREE PLENARY SESSIONS at Bridges Auditorium, Pomona College, Claremont, CA:
THURSDAY, June 4
Bill McKibben: 7:00 p.m. Opening Night
FRIDAY, June 5
John B. Cobb, Jr.: 9:00 a.m.
Vandana Shiva: 7:00 p.m.
SATURDAY, June 6
Herman Daly-John B. Cobb, Jr. discussion moderated by PRI’s Warren Olney (recorded): 9:00 a.m.
Sheri Liao: 7:00 p.m.
SUNDAY, June 7
Wes Jackson: 9:00 a.m.
Southern California Edison makes ADDITIONAL STUDENT SCHOLARSHIPS (limited) available. To apply, write to info@PandoPopulus.com.
On October 30, 2014, I gave a presentation, titled, The Evolution of Money and its Potential to Improve Humanity, at the Institute of Noetic Sciences (IONS) in Petaluma, California.
I was greatly encouraged by the high caliber of those who attended and the quality and intensity of the discussion that followed.
The proceedings were video recorded by organizer and master networker, Sergio Lub, and can be viewed at this Vimeo site.
This interview of Thomas Greco was conducted and recorded by award wining documentary filmmaker, Marie-Monique Robin, during the 2nd International Conference on Complementary Currency Systems in The Hague, Netherlands in June, 2013. In English with French subtitles.
Dear Martin Wolf,
Your article, Strip private banks of their power to create money, highlights some of the problems of the global money and banking system, but falls short in the proposed solution.
The problem is not private money creation, per se, but the monopolization of credit (money creation) in the hands of a private banking cartel and the collusive arrangement between bankers and politicians.
In today’s world, banks get to lend our collective credit back to us and charge interest for it while central governments get to spend more than they earn in overt tax revenues, relying on the banking system to monetize government debts. These two parasitic drains on the economy, interest and inflationary government debt monetization, create a growth imperative that is destroying the environment, shredding the social fabric, and creating ever greater disparities of income and wealth.
Turning over the money monopoly to politicians (what I call the “Greenback solution”) will not change things very much. It will be the same people wearing different hats. The political process has been so thoroughly corrupted and taken over by this small elite class that political approaches to solving the money problem have no chance of passage anyway. I articulated that argument a few years ago in my Alternet article, The End of Money: Take Power Back From the Money and Banking Monopoly.
True solutions must emerge, and are emerging, from society and from associations of small and medium-sized businesses. Money is first and foremost a medium for facilitating the exchange of goods and services and other forms of real value, but the exchange function can be effectively and efficiently provided outside the banking system and without the use of conventional political money. This is being done for associated businesses through credit clearing exchanges and through the issuance of private currencies or vouchers by businesses that produce real value. Both approaches have the capacity to provide exchange media that can be used by general public as well.
So, rather than ban private issuance of currencies, such private issuance needs to be proliferated and encouraged. There needs to be competition in currency so that there will be a sufficient amount of exchange media, and so that political currencies cannot be abused without losing patronage in the market. Rather than establishing the state as the money power, we need to have a separation of money and state. That argument is more fully developed in my latest book, The End of Money and the Future of Civilization.
Thomas H. Greco, Jr.
What will it take to get us to a would of peace where we all have access to what we need to live a dignified life? My thought is that we will need to share and cooperate as never before, to devote ourselves to promoting the common good, and to create new social, political, and economic structures that better serve those ends.
One promising initiative in that direction is Shareable.
Given my particular interest in cross cultural activities and travel, I recommend that you read Neal Gorenflo’s post, #HackTravel: Why No One Will Buy Tourism in the Future. Start by watching this two minute video: