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Post by Admin on Jun 21, 2020 18:42:08 GMT
An open access economy is an economy based on sharing and cooperation. Science and tech are not the panaceas most money-free advocates believe. While unquestionably useful, we are now finding ourselves replacing arduous labour with disconnection and depression. Humans have a biological need to be physically productive in order to feel fulfilled. An open access economy promotes connection and cooperation as the principle means of dispensing with violent, zero-sum systems such as money. Welcome to the Open Access Economy wiki This is a community-sourced documentation relating to the theory of an open access economy. Here you will find many articles detailing all aspects of the theory. openaccesseconomy.org/doku.php
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Post by Admin on Jul 8, 2020 17:39:43 GMT
💰 How did the global economy end up teetering on a precarious financial precipice? To formulate a cogent answer, let’s take a whirlwind tour of the history of the global economy 1946-2020. www.strategic-culture.org/news/2020/07/06/how-we-got-here-global-economy-75-year-stumble-to-precipice/Charles Hugh SMITH Not only will there not be a recovery, but there can’t be a recovery, as those brittle extremes have been lost for good. How did the global economy end up teetering on a precarious financial precipice? To formulate a cogent answer, let’s take a whirlwind tour of the history of the global economy 1946-2020. Before we start the tour, I want to return briefly to my first Musings of the year, which was posted on January 4, 2020, before Covid-19 was officially announced on January 23, 2020. (The Musings Reports are sent weekly to patrons and subscribers at the $5/month or higher level.) Instability Rising: Why 2020 Will Be Different: “Economically, the 11 years since the Global Financial Crisis of 2008-09 have been one relatively coherent era of modest growth, rising wealth/income inequality and coordinated central bank stimulus every time a crisis threatened to disrupt the domestic or global economy. This era will draw to a close in 2020 and a new era of destabilization and uncertainty begins.”
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