Tag Archives: wealth

Marginalia

Local Currencies

Berkshares

LOCAL CURRENCIES: Some communities are partially opting out of the debt-money system that is ruling us, failing us, and taking our wealth. They issue their own currency and back it with goods and services produced locally.

The local-currency movement displays a fascinating set of trends: away from globalization, away from corporate control, away from central government control, away from homogenization, away from commercial banking control over wealth and credit, and away from the appalling unsustainability of credit-money at compound interest.… Read the rest of this article

Essays

What is Wealth?

inaugural noteWhat is money, really? What is wealth? And what do ‘economic stimulus’ and war and foreign aid do to our wealth?

by Kevin Alfred Strom

based on the American Dissident Voices broadcast of July 10, 2004

IN 1957, Julian Huxley wrote about the dangers the world might face in 2007. He told of a world wracked by environmental destruction, falling standards of living, the despair and desperation of the hopeless, and a decline in the creative spirit that makes all … Read the rest of this article