Category Archives: Economy

Book Review: The Clean Money Revolution – Reinventing Power, Purpose and Capitalism

by Joel Solomon with Tyee Bridge

New Society Publishers, April 2017.  Review by Guy Dauncey.

https---cdn.evbuc.com-images-29848273-128228813157-1-original

This is a great book. It’s personal, committed, passionate, informative, and full of great stories. For an addicted change-the-worlder, what more can you ask?

And the stories, from Joel’s personal life and those of his colleagues, are about one of the most important challenges we need to embrace on our planet – changing the way we invest our money.

Continue reading Book Review: The Clean Money Revolution – Reinventing Power, Purpose and Capitalism

The World’s Central Banks to the Rescue

by Guy Dauncey, inspired by Matthias Kroll

PDF download available here: The Boldest Climate Solution

A globally agreed carbon cap? Carbon rationing? Holland’s proposed ban on the sale of non-electric cars by 2025? Oslo’s goal to reduce the city’s total greenhouse gas emissions by 95% by 2030?

No, none of the above.

So what is it? In a nutshell, it’s the proposal that the world’s central banks create $300 billion a year, and use it to leverage investments of up to $2 trillion a year in the urgently needed transition to renewable energy, and other climate solutions.

Continue reading The World’s Central Banks to the Rescue

A New Cooperative Economy

Guy Dauncey, April 2017

essay-3

This essay was submitted to The Next Systems Project Essay Contest, in which is was awarded second place. “We received hundreds of submissions from 30 different states and 26 countries, proving that many around the world not only believe system change is necessary, but have thought long and hard about what a new system should look like and how we might get there.” http://thenextsystem.org/announcing-the-winners-in-our-essay-competition/ 

http://thenextsystem.org/…/2017/04/Dauncey_AtLargeSecond.pdf

You can download the essay as a PDF here. A New Cooperative Economy

*

Our task is to fashion a political vision and a political narrative that is a compelling answer to neo-liberalism and the ideology of competition, free markets, and the primacy of capital. We need a political economy of cooperation, solidarity, of mutual benefit. –  John Restakis, Civil Power and the Partner State, 2016

Our modern economy is in crisis. Can we build an alternative economy as our ancestors did in the transition from feudalism to capitalism? It’s a question that takes us deep into our values, culture, history, politics—and visions of the future.

Continue reading A New Cooperative Economy

The Blob: Can We Change its Heart, Before it Destroys Us All?

Sometimes it seems as if those who care about Nature stand on guard around the edge of a huge circular Blob known as ‘The Economy’, which keeps growing and encroaching onto Nature. We organize to prevent its advance against creeks, rivers, forests and wetlands. We try to stop it from shooting out new pipelines, digging new coalmines, pouring more carbon into the atmosphere and introducing new chemicals into our food.

Sometimes we are successful and The Blob backs off, which happened with the proposed Raven coalmine near Courtenay. But just as often we are not, as the ecological wreckage of the private forest lands on the Island shows, and when The Blob assaults Nature in a distant country such as Indonesia, destroying native hardwood forests, home for millions of years to families of orangutans and other creatures, replacing them with palm oil trees for the global biofuel market.

Continue reading The Blob: Can We Change its Heart, Before it Destroys Us All?

A New Cooperative Economy

by Guy Dauncey

When the future teenager walks down the future Main Street in future Smalltown BC, be it Williams Lake, Smithers, Houston, Creston or Kimberley, which of these thoughts might she or he be thinking?

“I can’t wait to get out of this place—it’s so, like, basic.”

or

“This place is so cool. I wish there was work, so that I could stay.”

or

“This place is so über-cool. My friends in the city are so jealous that I get to live, work and play here.”

British Columbia has many communities that built their economies around traditional resources that are now either collapsing or going into decline. Unless there’s a strong impulse for community economic renewal, there’s a risk that working people will leave and young people will follow, never to return.

Continue reading A New Cooperative Economy

Canada’s Housing Crisis: Twenty-Two Solutions

ggg

Canada’s housing crisis is far more severe than many people realize, and there are twenty-two solutions that could end it, once and for all. Shortest Executive Summary ever.

The PDF of this paper is here, for free downloading: canadas-housing-crisis-guy-dauncey

What is Happening?

What on Earth is happening? The explosion of housing prices in Vancouver and Victoria is crazy, but the same thing is happening in many cities around the world, not just the big ones like Toronto, London, Berlin, Paris, Stockholm, New York, San Francisco and Mumbai but also smaller communities like Kelowna, and Nashville, Tennessee. In Australia, in 2014, house prices rose by a whopping 121%.[i] Continue reading Canada’s Housing Crisis: Twenty-Two Solutions

Let’s Get Going – Climate Action Together

 

Lets-Get-Going

F is for Future, a world without fossil fuels,

new solar symphony changing the gyre,

clean up our garbage, restore Nature’s harmony,

offer our children the hopes they desire.

To download the PDF version of this paper, click Climate Action Together

So how do we do it?[1]

How do we tackle the climate crisis with the speed and resolution that the climate scientists say is so urgently needed?

How do we make a rapid transition to a 100% renewable energy economy in a positive, nation-building manner, without causing economic mayhem, unemployment and chaos?

It’s complicated. There’s no doubt about it. Our economy is completely enmeshed in fossil fuels. We use fossil fuels to travel, to heat our homes and buildings, to generate electricity, to power our industry, to make plastics and to pave the roads. If fossil fuels were to magically stop working due to a zombie-ray from outer space or an unexpected change in the laws of physics, our economy would grind to an immediate halt. Continue reading Let’s Get Going – Climate Action Together

Almost Twice as Many Green Jobs if Canada Phases out Fossil Fuels

Almost

by Guy Dauncey

The 48-Page Report is here.

Is It Really True?

Is it really true that if we don’t build more pipelines and allow more exports of coal, oil and gas, that Canada’s economy will be in danger and unemployment will rise?

That’s certainly what we are frequently told, both by the Conservative federal government and by several provincial governments, either directly or by implied assumption.

There is alternative, however. The climate crisis is inescapably real. It threatens everyone’s future, and it is being caused by carbon emissions from the same fossil fuels that our governments want to expand.

So what would it look like if there were an organized plan to phase out fossil fuels and embrace 100% renewable energy in Canada? That’s certainly what the climate crisis calls for. Continue reading Almost Twice as Many Green Jobs if Canada Phases out Fossil Fuels

Six big changes could put an end to poverty

endpovertyincanada-header

Sarah Petrescu’s series in The Times Colonist on poverty and homelessness made a valuable contribution to public awareness about the realities that people living in poverty have to live with every day.

Her final part, Big problem, small changes, laid out small changes that could help, such as raising income assistance rates. It’s a big problem, however, so here are some big changes that could contribute to a future in which there is no poverty at all, except the voluntary simplicity of those who want to live with a minimal footprint on the Earth. Continue reading Six big changes could put an end to poverty

Sixteen Building Blocks of a Green, Entrepreneurial, Cooperative Economy

green

by Guy Dauncey

CCPA Goods Jobs Economy in BC Conference, November 21, 2014

The slides that accompany this presentation can be found here: http://www.slideshare.net/GuyDauncey/a-green-cooperative-economy

Introduction

The transition from a capitalist to a cooperative economy could be one of the defining achievements of the 21st century.

In history, everything changes. The foundations of capitalism were built by merchants and mercantilists in the 16th and 17th centuries in response to the oppressiveness of feudalism. It developed into full-fledged industrial capitalism in the 18th and 19th centuries, and into financial capitalism at the end of the 20th century, using global free trade, shadow banking and offshore tax havens to overpower and sidestep much government taxation, regulation and control. Continue reading Sixteen Building Blocks of a Green, Entrepreneurial, Cooperative Economy