Coöperatie. Crowdsourcing. Muntsystemen. p2p. Startup. VZW. Bitcoin, Energy and the Future of Money — Armchair Economics. While it’s impossible to predict how the Bitcoin experiment will pan out, it has already succeeded by creating a decentralized system for settling transactions, and by re-igniting interest in alternate currencies.
Here I explore the idea of currency backed by energy. A few months ago I wrote an article, The Joule Standard, which describes the idea of denominating a currency in units of energy (see also joulestandard.com). The idea is worth a look because 90 to 99% of the mechanical work done in modern economies is done by machines, which are “paid” in energy. The energy supply defines how much productive work can be done, while the efficiency with which we use energy defines how much utility can be created from that energy supply (widgets per kilowatt-hour).
The idea of money based on energy is not a new one. Now some might say that this is a completely unrealistic idea. 8.1 kg of hydrogen18.5 kg of natural gas or LNG22.2 kg of oil or diesel42 kg of coal0.27 megawatt-hours of electricity. Spend Network : professional insight from public data. Company Data. Socio-economic systems. Ideas and Concepts Ressources. Make economy democratic and sustainable. 5 Simple Office Policies That Make Danish Workers Way More Happy Than Americans. You will often see Denmark listed in surveys as the "happiest country on the planet.
" Interestingly Danes are not only happy at home, they're also happy at work. According to most studies of worker satisfaction among nations, the happiest employees in the world are in Denmark. The U.S.? Not so much. Here's just one data point: a recent Gallup poll found that 18% of American workers are actively disengaged, meaning they are "emotionally disconnected from their workplaces and less likely to be productive.
" But why are Danish workers so happy compared to their American counterparts? 1: Reasonable working hours I once talked to an American who had gotten a job as a manager at a Danish company. Some non-Danes wonder if Danes ever work. The difference in the U.S. is stark, and many American companies celebrate overwork as a sign of commitment. Femke Groothuis: How Taxes Can Save the World. Be the Change In Business. Capitalism doesn’t want to solve the world’s challenges, it wants to make a business out of them!
But the real challenge is that not enough of the majority are “being the change in business” that we want to see in the world. Probably because making ethical choices usually involves making sacrifices and actually doing something. Would you give up using your smart phone because it might contain “blood minerals?” Unfortunately we’re all hoping some bright spark is going to come up with an answer that allows everything to stay the same, while the moral dilemmas and environmental challenges neatly disappear.
It ain’t going to happen. Why should you get involved? Because lessons are repeated until they’re learned. Anyone who believes in indefinite growth on a physically finite planet is either mad, or an economist.~ D. Capitalism hasn’t work for a few decades for the majority; wages in real terms have stagnated at best or gone into decline. Quality vs. Moving toward a circular economy. The circular economy aims to eradicate waste—not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components.
Indeed, tight component and product cycles of use and reuse, aided by product design, help define the concept of a circular economy and distinguish it from the linear take–make–dispose economy, which wastes large amounts of embedded materials, energy, and labor. In the first exhibit of this narrated slideshow, McKinsey alumnus Markus Zils explains how a circular economy works. In the second, he uses the example of a market for power drills to detail four scenarios in which circular-economy principles are applied: In the status-quo scenario, 1,000 power drills are made in China and sold in the European Union. In the refurbishment scenario, 800 drills are sold at the original price, and 200 are refurbished and sold at 80 percent of it.
Michael Renner. Michael Renner is a Senior Researcher at the Worldwatch Institute.
His work has principally focused on two topics—the connections between environment and employment (green jobs/green economy), and linkages between the environment and peace and conflict. Michael currently serves as co-director, with Tom Prugh, of the forthcoming 2014 edition of State of the World (focused on governance for sustainability). Previously, he co-managed with Erik Assadourian the 2012 edition. He also manages the Institute's Vital Signs series, an online and print publication. In 2007–2008, Michael was the lead author of a report on green jobs commissioned by the United Nations Environment Programme, and he is also consulting for the International Labour Organization and the International Renewable Energy Agency (IRENA) on this topic. Prior to joining Worldwatch in 1987, Michael was a Corliss Lamont Fellow at Columbia University, and a research associate at the World Policy Institute in New York City. Social Economy Europe - Social Economy Europe.