Co-operative Commonwealth: De-commodifying Land and Money Part 2 | Commons Transition - 0 views
-
Usury is little discussed today but it is crucial in policy terms.
-
in Germany, Christian Christiansen championed the founding of a number of rural savings and loan co-operatives that went by the acronym JAK, short for Jord Arbete Kapital (“Land Labour Capital”)
-
There were other models that flourished. Dr. Thomas Bowkett introduced a mutual organization in the 1840s to provide housing and smaller loans interest-free.(7) Twenty years later, Richard Starr made some adjustments to the system, and the “Starr-Bowkett” societies spread fast.
- ...30 more annotations...