The system of interaction of humans by which the production and exchange of goods and services are organized, leading to particular forms of distribution and possession of income and wealth.
Borrowing money is a tricky thing to talk about, even trickier than talking about money itself. We all seem to have a love-hate relationship with the stuff. Well, maybe ‘stuff’ is not the right word. People disagree about what money actually is. Some, who I’ll call “money realists,” believe that the essence of money is … More Borrowing Nothing from Nowhere: Phantom Money and Phantom Debt
The Industrial Era has provided prosperity for many in the nations that industrialized first. In many ways it has also involved the plunder and pollution of both Body and Planet for over 200 years. After beginning to improve material existence for industrialized nations, especially through the 1950s and 1960s, the broadening participation in prosperity began … More The Big Climate Blunder and Its Antidote: Risking Everything for What?
Money is a funny phenomenon, funny-peculiar that is. Money has a lot of odd characteristics, most having something to do with social definitions and the assumptions that shape perception. It exists, for example, only because we have willed it so – it is a social construction. Money has value only because we value it – … More Funny Money: Social Illusions about Value, Reward, Cost, and Risk
In some ways, Northern New Mexico may be ahead of other regions in building local community resilience and adapting to increasingly difficult environmental conditions. Santa Fe sports a reputation for one of the lowest per capita water usage rates in the nation. On the other hand, its recycling program is dismally inadequate. Over-dependence on a … More Local Community Resilience to Reduce Climate Disruption
Ever wonder why President Obama insists that the “Trans-Pacific Partnership” (TPP) be “fast-tracked” through Congress? Why does its content have to be kept secret from the Congress and the American people? Yes, members of Congress may view its drafts in a secure room but are not allowed to even take notes away with them. Under … More How to Create a Corporate State and Destroy the Planet
Seems like an absurd question, “How do you arrest a bank?” Well, it is absurd. Someone said, “If corporations are persons, then why doesn’t Texas execute some of them?” That is another seemingly absurd, though valid, question. The answer, of course, is simple. Corporations – including banks – are not persons, nor could they be. … More How to Arrest a Bank
For many Americans, the time has come to reassess our relations with the economy that is being driven off the cliff by the creation and hoarding of phantom money by the very few and catastrophic burden of debt for the rest of us. The economy is controlled by the Big Banks and it has not … More Making Money, Making Time, and Making a Living
By now, it ought to go without saying that the evidence is in – after all, global warming has been recognized by scientists for decades. The accelerated release of “greenhouse gases” since the dawn of the Industrial Age is now causing accelerated warming of the planet with multiple interacting deleterious effects. We just don’t have … More The Essentials of Resilience in a World of Growing Chaos
Efforts to find a viable path to mitigating climate chaos and forging an ecologically viable economy are just not moving fast enough. They seem bogged down in struggles over old ideas and inadequate actions. Even some of the most esteemed liberal economists who are not on the corporate bandwagon have failed to escape this trap. … More Overcoming Ideology: New Actions and New Ideas
Ever wonder why you just can’t “get ahead”? Well, it’s all part of the larger scheme of things. Oh, I know, some folks do get ahead in one way or another and to one extent or another. But only the very few – the less than one percent – really make money and keep it … More Making Money and Losing It
Robert MacNeil Christie, Author 