Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Not just compound interest.

Also profit/rent, the demand for which is the 'cause' - by definition and accounting identity - of inflation.

We need an enterprise model where there is the creation, exchange and sharing of surplus value, but no rentier profit. In other words, a partnership framework, within which there is no profit and there is no loss - and if credit is created within such a framework agreement, then there is no compound interest either.

This presentation last year on Economic Systems Thinking  gave a holistic view.

More specifically re housing here's a preview of a presentation in London on Tuesday to a Community Land Trust conference in which I am proposing a new approach to financing and funding of CLTs, and outlining one of several ongoing specific prototypes.

Hard work, but getting there, I think.

Also as a Senior Research Fellow my work on Resilient (ie decentralised, dis-intermediated and networked) Markets is getting a more 'serious' hearing.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sun May 8th, 2011 at 08:09:48 PM EST
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Congrats on the position, Chris. Puts you in a position to do more good and looks very good on the CV.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun May 8th, 2011 at 09:26:53 PM EST
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You at the Feasta conference in Croke Park tomorrow? See you there if you are.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun May 8th, 2011 at 09:36:24 PM EST
[ Parent ]


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