Local development as a strategic alternative in Fife

Once again many will question the dependence on a global market economy as headlines shout, “China’s ‘Black Monday’ sends markets reeling”. For months, in a range of publications, Mohamed El-Erian, who chairs President Obama’s Global Development Council, has been forecasting the risk of a ‘perfect storm’, adding that considering ‘its destructive potential, it warrants . . . → Read More: Local development as a strategic alternative in Fife

Bristol Pound – Birmingham Pound?

In March LWM’s co-ordinator reported the local interest in the potential of a Birmingham Pound – the Birmingham Mail following up one tweet about a first-stage meeting of a few potentially interested people. News of an increasingly well-developed scheme in Bristol gives an insight into the role of a local currency.

The Financial Times . . . → Read More: Bristol Pound – Birmingham Pound?

Will beneficial alternatives emerge from the Greek crisis?

Andrew Simms of the New Economics Foundation thinks so, commenting: “While disaster reveals a society’s economic and social weaknesses, it also reveals where true resilience and real value can be found – in the ability of people to cooperate at the local level to meet a community’s needs”.

Localise West Midlands’ Localising Prosperity programme . . . → Read More: Will beneficial alternatives emerge from the Greek crisis?

Event: Guild of Independent Currencies: June Meetup

Date: 15th June 2015 Time: 9:30am to 5pm Where: Exeter Quaker Meeting House. Wynards Lane EX2 4HU Cost: £5 includes lunch and refreshments

The Guild of Independent Currencies has been created by the Bristol Pound (covered on sister site in 2013) to help others to launch their own independent currencies, supporting them through . . . → Read More: Event: Guild of Independent Currencies: June Meetup

Is a quiet political revolution getting under way?

As the old order with its class and gender hierarchies gave way, George Monbiot points out that the void filled with junk could have been occupied by a better society, built on mutual support and connectedness, without the stifling stratification of the old order.

‘The feast to which we were invited is only for . . . → Read More: Is a quiet political revolution getting under way?

Community energy solutions: Plymouth

In 2012 Plymouth’s co-operative city council established a Low Carbon City Team, which helped to identify the city’s potential for community energy solutions and forge partnerships. The council funded pre-development, initial community engagement and business plan development.

In 2013 it joined forces with local residents to form Plymouth Energy Community (PEC) which then . . . → Read More: Community energy solutions: Plymouth

Could Brummie bonds fund house building?

City councillor John Clancy, who once worked in the venture capital market, explains in a Chamberlain Files article,  [accessed via the Brummie], that  ‘Brummie bonds’ can provide much needed investment and kick-start building by local councils and housing associations across Birmingham.

Some readers will remember that the Brummie Bonds concept was incorporated in the . . . → Read More: Could Brummie bonds fund house building?

America: six big shifts towards an economy that distributes economic benefits widely and minimizes damage to the environment

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Sarah van Gelder (right) is co-founder and executive editor of YES! Magazine which feature powerful ideas and practical actions towards a more just and sustainable world. She has co-founded a cohousing community, organized tenants and built a produce cooperative, providing local, sustainably grown whole foods, at affordable prices, to residents who want . . . → Read More: America: six big shifts towards an economy that distributes economic benefits widely and minimizes damage to the environment

Syriza MPs help to promote the social economy by donating 10-20% of their wage

In a Co-operative News article, Anca Voinea notes that  Syriza has highlighted the importance of reviving the co-op movement, seeing it as a distinct economic model that would be part of their movement for a broader social and solidarity economy.

Syriza had shown interest in the movement over the last two years and . . . → Read More: Syriza MPs help to promote the social economy by donating 10-20% of their wage

A new citywide currency keeping money earned in city in the local economy

Above: Karen Leach from Localise West Midlands and Andy Reeve from Impact Hub Birmingham who have produced a currency note exclusive to Birmingham – see http://www.birminghammail.co.uk/news/midlands-news/birmingham-could-next-city-launch-8810436.

They are planning to follow the model of the existing Bristol Pound, which is currently used by 782 firms and generates £1 million of business each year.

. . . → Read More: A new citywide currency keeping money earned in city in the local economy