Simon Johnson is a professor of entrepreneurship at MIT. In this video he explains that the financial crisis is no accident but a continuing cycle in which the big banks get ever richer and more powerful. He does not seem to recognize the debt imperative and growth imperative that is a feature of our debt-money and banking system but his charts clearly show its effects.–t.h.g
The End of Money…
My latest book, The End of Money and the Future of Civilization , can be ordered from Amazon.com , or your local bookstore. You can also read a preview at Google Books.To order signed copies of my previous books, click on the title below:
Money: Understanding and Creating Alternatives to Legal Tender
Beyond Money- My latest interview with Greg Magarshak April 6, 2021This discussion between Thomas H. Greco, Jr. and Intercoin founder Greg Magarshak covers a wide range of topics including the principles of sound currency issuance; mutual credit clearing; proper allocation of credit; the problems of centralized power, depression, and inflation; … Continue reading →
- Moneyless Exchange in One Easy Lesson March 31, 2021When the division of labor has been once thoroughly established, it is but a very small part of a man’s wants which the produce of his own labor can supply. – Adam Smith, Wealth of Nations. We have become so … Continue reading →
- The time is now for a new civilization March 29, 2021In 1997 I produced a monograph titled, The Cooperative Community Commonwealth: A Prospective Outline for a New Socioeconomic Framework. Over the ensuing years I’ve revisited and edited it a few times. It was when written and until now ahead of … Continue reading →
- Truth, Propaganda and the Media March 23, 2021Today I received a link from a correspondent in Ireland that featured this Dilbert cartoon. I think that clearly sums up the the main thing that divides people in today’s pandemic world. There are those who still trust “the system,” … Continue reading →
- Alternative History — What If? March 16, 2021This Power Point slide show presentation was delivered virtually to the Alternative History Festival in Poland in September 2020. It highlights several historical turns as modern civilization has evolved that led to our present predicament and then asks how things … Continue reading →
- Newsletter February 2021 — The Impending Failure of Wikipedia and other news March 1, 2021In this issue: “Artificial Intelligence,” Bots, and Censorship: Why Wikipedia can no longer be trusted Censored on Facebook Consolidating and Preserving my Legacy The Farm Now, for your edification and amusement Read it on my Mailchimp site.
- James Corbett addresses the topic of alternative currencies January 29, 2021In his presentation that was part of The Greater Reset, James Corbett (of the Corbett Report) provided an overview of alternative means of exchange. In it he mentioned community currencies, LETS, trade exchanges, and my book, Money: Understanding and Creating … Continue reading →
- The New Reformation? January 26, 2021The election of Donald Trump was just a symptom of a major shift of civilization. In this essay, Mike Krauss (http://thekrausscommentary.com/) compares it to the Reformation of the sixteenth century. It seems an apt analogy. From Martin Luther to Donald … Continue reading →
- Who’s Reset will it be? January 23, 2021The oligarchs, plutocrats, and technocrats have a plan for you. It’s been called the “New World Order,” and now, “The Great Reset” which is being promoted by the World Economic Forum. Despite their high sounding rhetoric, you and I will … Continue reading →
- R.I.P. Spencer Heath MacCallum January 13, 2021Spencer Heath MacCallum (b: December 21, 1931; d: December 17, 2020) was truly an amazing and wonderful person–multi-talented, intelligent, kind, and compassionate. Spencer was an anthropologist, archeologist, editor, publisher, entrepreneur, and philosopher. The world is much poorer without him. I … Continue reading →
- My latest interview with Greg Magarshak April 6, 2021
