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Tero Toivanen

Study: Fair Use Contributes Trillions to U.S. Economy | Threat Level | Wired.com - 0 views

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    The trade group, Computer & Communications Industry Association, in a follow-up to its 2007 report, asks: "What contribution is made to our economy by industries that depend on the limitations to copyright protection when engaged in commerce?" For the year 2007, the fair-use economy accounted for $4.7 trillion in revenue (.pdf) and $2.2 trillion in value added, roughly one-sixth the total gross domestic product of the United States, according to the study. The fair-use economy also employed more than 17 million people with a $1.2 trillion payroll.
Jukka Peltokoski

Co-operative Commonwealth: De-commodifying Land and Money Part 1 | Commons Transition - 0 views

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    Osuuskuntatutkija Pat Conaty avaa kolmiosaisen juttusarjansa osuuskunnallisesta maanomistuksesta ja rahasta. Ensimmäinen osa käsittelee historiallisia ja nykyisiä esimerkkejä. Osuusmaasta on lukuisia nykyesimerkkejä briteistä ja usasta ja se on osoittanut kykynsä irrottaa asumiskustannukset markkinoiden hintakehityksestä. Conaty on aiemmin kirjoittanut kestävistä yhteisöistä ja kasvupakosta irrotetusta taloudesta.
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    Osuuskuntatutkija Pat Conaty avaa kolmiosaisen juttusarjansa osuuskunnallisesta maanomistuksesta ja rahasta. Ensimmäinen osa käsittelee historiallisia ja nykyisiä esimerkkejä. Osuusmaasta on lukuisia nykyesimerkkejä briteistä ja usasta ja se on osoittanut kykynsä irrottaa asumiskustannukset markkinoiden hintakehityksestä. Conaty on aiemmin kirjoittanut kestävistä yhteisöistä ja kasvupakosta irrotetusta taloudesta.
Jukka Peltokoski

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.
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  • in Brazil today. CoopHab is a major housing federation of co-operative savings societies.
  • During the industrial revolution English working people were excluded from bank lending though pawnbroking was rife. Mutual aid savings clubs developed interest-free lending systems for housing. The most successful were the Terminating Building Societies for buying land and building houses.
  • Sweden
  • Operationally, JAK is very similar to a credit union, except that members do not earn any interest on their savings or dividends on their shares.
  • The total cost of a JAK loan covers four things:(12)loan appraisal and set-up cost at a fee that is 2-3% of the approved loan value.an annual administration fee equal to 1% of the loan.an annual fee of approximately $30 to support the JAK educational system and volunteer services.(13)an equity deposit equal to a 6% of loan value to cover risk on any loan in the portfolio.
  • Members are strongly encouraged to pre-save in order to qualify for a loan.(15) Members also contract to continue saving while they are repaying their loans.
  • The Greenbacks would not be backed by gold, but by the farmers’ crops, which would be stored in sub-Treasury warehouses paid for by the government.
  • Swiss WiR
  • President Lincoln
  • free Greenback dollars
  • Lincoln
  • he had led the introduction of a paper money not backed by gold or silver, and had shown that the government could create, issue, and circulate by fiat the currency and credit needed to satisfy the spending power of the government and the buying power of consumers.
  • the privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity.
  • National Farmers Alliance and Co-operative Union, led by Charles Macune, developed the Sub-Treasury Plan.
  • JAK banking, CoopHab and Community Land Trusts work well but are below national policy radar. This is not entirely the case for co-operative commonwealth systems.
  • So this was not simply a co-operative currency. It was a new national currency under a co-operative and state partnership to expunge the debt peonage imposed by merchants and bankers.
  • Infuriated, farmers and workers created their own party in 1891 to carry forwardmonetary reform and a co-operative economy. The new Populist party won some local, state and Congressional elections before falling into decline after 1895.
  • A.C. Townley launched the Non-partisan League (NPL)
  • Bank of North Dakota
  • Henry Ford and Thomas Edison suggested a novel solution.
  • proposed that new money be created by issuing interest-free government bonds
  • Frederick Soddy
  • made the first case for an ecological economics free of debt
  • “100% money.”
  • 100% reserve requirement.
  • Clifford H Douglas
  • He argued that a clear-cut and labour-saving solution would be for Government to create new money, interest-free as “Social Credit.”
  • First all citizens would receive a National Dividend.
  • Second, Douglas proposed that publicly-owned producer banks be set up in each region of the UK to provide finance debt-free to industry and enterprises.
  • From 1929 monetary reform attracted a wide audience In the UK, Australia, New Zealand, the USA and Canada with growing grassroots calls ranging from public banking to universal basic income.(34) The New Deal of Franklin Roosevelt took inspiration from John Maynard Keynes.
Jukka Peltokoski

Spain's Crisis is Europe's Opportunity by Yanis Varoufakis - Project Syndicate - 0 views

  • The Catalonia crisis is a strong hint from history that Europe needs to develop a new type of sovereignty, one that strengthens cities and regions, dissolves national particularism, and upholds democratic norms.
  • Spanish state may be just what the doctor ordered. A constitutional crisis in a major European Union member state creates a golden opportunity to reconfigure the democratic governance of regional, national, and European institutions, thereby delivering a defensible, and thus sustainable, EU
  • Barcelona, Catalonia’s exquisite capital, is a rich city running a budget surplus. Yet many of its citizens recently faced eviction by Spanish banks that had been bailed out by their taxes. The result was the formation of a civic movement that in June 2015 succeeded in electing Ada Colau as Barcelona’s mayor.
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  • Among Colau’s commitments to the people of Barcelona was a local tax cut for small businesses and households, assistance to the poor, and the construction of housing for 15,000 refugees
  • All of this could be achieved while keeping the city’s books in the black, simply by reducing the municipal budget surplus.
  • Spain’s central government, citing the state’s obligations to the EU’s austerity directives, had enacted legislation effectively banning any municipality from reducing its surplus.
  • At the same time, the central government barred entry to the 15,000 refugees for whom Colau had built excellent housing facilities.
  • To this day, the budget surplus prevails, the services and local tax cuts promised have not been delivered, and the social housing for refugees remains empty. The path from this sorry state of affairs to the reinvigoration of Catalan separatism could not be clearer.
  • In any systemic crisis, the combination of austerity for the many, socialism for bankers, and strangulation of local democracy creates the hopelessness and discontent that are nationalism’s oxygen
  • Progressive, anti-nationalist Catalans, like Colau, find themselves squeezed from both sides: the state’s authoritarian establishment, which uses the EU’s directives as a cover for its behavior, and a renaissance of radical parochialism, isolationism, and atavistic nativism. Both reflect the failure to fulfill the promise of shared, pan-European prosperity.3
  • The duty of progressive Europeans is to reject both: the deep establishment at the EU level and the competing nationalisms ravaging solidarity and common sense in member states like Spain.
  • The EU treaties could be amended to enshrine the right of regional governments and city councils, like Catalonia’s and Barcelona’s, to fiscal autonomy and even to their own fiscal money
  • They could also be allowed to implement their own policies on refugees and migration.
  • EU could invoke a code of conduct for secession
  • As for the new state, it should be obligated to maintain at least the same level of fiscal transfers as before.
  • the new state should be prohibited from erecting new borders and be compelled to guarantee its residents the right to triple citizenship (new state, old state, and European).
  • Europe needs to develop a new type of sovereignty
Jukka Peltokoski

The People's Disruption: Platform Co-ops for Global Challenges : Platform Cooperativism - 0 views

  • Experiments with cooperatively owned online platforms are demonstrating that democratic business models can be a dynamic force in building a more equitable economy for people across various income, race and class strata, starting with the most vulnerable populations.
  • Since the first platform cooperativism event at The New School two years ago, an ecosystem of people, knowledge, and tools has developed around this model.
  • To think and act our way out of the current crisis, we need to understand the roots of these extractive business models. With such insight, we will be able to build alternatives that best meet the needs of workers, consumers, and citizens.
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  • Managerial pay has increased prodigiously; income inequality has sharpened, affecting women and marginalized communities most acutely, and trillion of dollars of individual wealth have been tucked away in tax havens. Beyond that, there has been a general shift away from direct employment, leaving more and more workers vulnerable to stalled worker rights, as well as declining wages and benefits.
  • the Web has not made good on its cyber-utopian promises of democracy or social well-being; the rise of the digital commons and practices of peer production, while profoundly important, has not succeeded in generating business models that can deliver livelihoods for practitioners.
  • highly concentrated ownership of robots seems the likely outcome
  • financing and legal support
  • Platform co-ops have emerged in areas like child care, art, journalism, transportation, social media, and food.
  • it is time to determine in which sector this business model works best
  • public policy
  • centralization of data and platforms ownership
  • The fairer digital economy we need is already emerging everywhere around us.
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    Vuoden 2017 alustaosuuskuntakonferenssi tulee. http://platform.coop/2017
Jukka Peltokoski

Barcelona embraces the Doughnut | DEAL - 0 views

  • The City of Barcelona in Spain has announced that it is embracing the tools and concepts of Doughnut Economics to guide actions to address the climate emergency and the city's ecological transition.
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    "The City of Barcelona in Spain has announced that it is embracing the tools and concepts of Doughnut Economics to guide actions to address the climate emergency and the city's ecological transition."
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