660.808 BTC-e BTC/USD - BitcoinWisdom
Greek government authorities are on alert after a union of Greek army reservists of Special Forces issued a statement urging the Greek administration to step down and make way for a national unity government. As Keep Talking Greece notes, the statement on the union' website included 15 demands - including the resignation of the Greek President - and urged people to gather at the infamous Syntagma Square on Saturday. The statement was interpreted by some as a call to a "coup d'etat" - denied by the union - but prompted Greece's Supreme Court to meet to discuss it. The 15 Demands... The announcement of reservists as posted on the website keed-hellas.blogspot.com Greece On The Verge? Military Special Forces Have 15 Demands... Or Else | Zero Hedge
How to overthrow the Illuminati
War drums will hasten dollar’s collapse, says currency expert | Americas PREDICTING a gold-price boom usually prompts one’s audience to don tin-foil hats and whisper about conspiracies. Yet author James Rickards believes bullion is poised to shoot up exponentially on the inevitable collapse of the US dollar. This would place the South African economy in position for a robust recovery.
Co-operatives are associations of persons united voluntarily to meet their common economic, social, and cultural needs "Through their distinctive focus on values, cooperatives have proven themselves a resilient and viable business model that can prosper even during difficult times. This success has helped prevent many families and communities from sliding into poverty." United Nations Secretary-General Ban Ki-moon The United Nations General Assembly has declared 2012 as the International Year of Cooperatives, highlighting the contribution of cooperatives to socio-economic development, particularly their impact on poverty reduction, employment generation and social integration. With the theme of "Cooperative Enterprises Build a Better World", The International Year of Cooperatives has three main objectives: 2012 - International Year of Cooperatives
July 14, 2013 | Committed capitalists don't seem to recognize that people depend on each other, and that individual success is a result of collaborative effort, usually over a long period of time. The less free-market thinkers are regulated, the less they seem to care about others. The 5 Biggest Obscenities of Capitalism Today
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A steady state economy is an economy of relatively stable size. It features stable population and stable consumption that remain at or below carrying capacity. The term typically refers to a national economy, but it can also be applied to the economic system of a city, a region, or the entire planet. Note that Robert Solow and Trevor Swan applied the term steady state a bit differently in their economic growth model. Their steady state occurs when investment equals depreciation, and the economy reaches equilibrium, which may occur during a period of growth. Steady state economy
South Africa's high dependency on fossil fuel-powered energy has earned it a place among the top 20 carbon emitting countries in the world. In this year's Budget Speech, Pravin Gordhan announced the implementation of a carbon tax for 2013-2014. A draft policy is being drawn up for public comment. Carbon pricing was the topic under panel discussion at the Mail & Guardian's Critical Thinking Forum on Tuesday, hosted by the M&G and BHP Billiton. Economists sound warning over carbon tax
Commons refers to the cultural and natural resources accessible to all members of a society, including natural materials such as air, water, and a habitable earth. These resources are held in common, not owned privately.[dead link] The resources held in common can include everything from natural resources and common land to software. The commons contains public property and private property, over which people have certain traditional rights. When commonly held property is transformed into private property this process alternatively is termed "enclosure" or more commonly, "privatization."
Social production as a new source of economic value creation Image by opensource.com In this short TED video clip, Yochai Benkler provides a useful framing of what he terms “social production.” In the past, Benkler argues, prominent transactional frameworks for exchange were largely categorized as follows: Price system: A decentralized, market-based exchange systemFirm hierarchy: A centralized, market-based exchange systemGovernment/non-profit: A centralized, non-market-based exchange system Before the cost of communication dropped precipitously, Benlker suggests that it was too expensive to have a decentralized social production exchange system. Today however, citing open source projects such as SETI@home and Apache, he makes the claim that social sharing and exchange is emerging as a significant and sustained factor of production.
‘The most alarming sign of the state of our society now is that our leaders have the courage to sacrifice the lives of young people in war but not the courage to tell us that we must be less greedy and less wasteful.’ Wendell Berry, 1994, p.92. As Philip Pettit argues in his contribution to this series, republicans see the economy as a politically created arena of human activity, with an associated institutional infrastructure (such as the legal codes, tort, property rights, legal framework for economic enterprises, legal rules governing trade and exchange, etc.). It is neither ‘self-regulating’ or beyond legitimate political and democratic regulation and, where necessary, interference. Republicans do not see a difficulty with interfering with market relations for important non-economic, political reasons, such as to preserve civic freedoms, promote solidarity or shared common goods. Post-growth: a green republican economy
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Reinventing Money Thomas H. Greco Jr. Reinventing Money Demystifying Money and Liberating Exchange Skip to content
Welcome to Truthology
Schussler said that, because South Africa's major trading partner, the EU, is under economic stress, some of its members have reduced their imports from this country. There was little doubt, he said, that the effects of the austerity measures Greece and Spain, among others, were enduring would soon be felt in South Africa. He said creating conditions conducive to entrepreneurship was something the government should do now. In the long term, it should remedy the ailing education system. Those who hope that new markets for their products will open up in China, India, Brazil and Russia should lower their expectations because the Brics members are also facing economic challenges, he said. Growth outlook bleak for SA
South Africa - ECONOMY South Africa - The Economy South Africa TRADING ON JOHANNESBURG'S financial markets reached a new all-time high on April 26, 1994, reflecting the buoyant mood of voters of all races who were about to participate in the country's first democratic elections.
SA weathers storm, but food prices still set to double by 2030 | News | Environment | Mail & Guardian Traditionally the cost of staple foods has gradually inflated over time, and future cost scenarios have taken this approach. But a report released by Oxfam today has factored in the rapid changes in price that come about due to climate-related crop failures. Their most conservative scenarios see food prices doubling by 2030. Half of this increase will be down to changes in average temperatures and rainfall patterns, it said. The report, Extreme Weather, Extreme Prices, said that for the moment South Africa is secure. While this is a good thing, it leaves the country vulnerable to local crop failures.
Petros Giannakouris/Associated Press A flea market in Athens. In a survey this summer, an advisory firm found that 80 percent of clients polled expected Greece to leave the euro zone, and a fifth of those expected more to follow. Bank of America Merrill Lynch has looked into filling trucks with cash and sending them over the Greek border so clients can continue to pay local employees and suppliers in the event money is unavailable. Ford has configured its computer systems so they will be able to immediately handle a new Greek currency. U.S. Companies Conduct Fire Drills in Case Greece Exits Euro
Global systemic crisis/October 2012 -The global economy sucked into a black hole and world geopolitics heated to white-hot: The seven key factors of an unprecedented double shock As LEAP/E2020 anticipated since the end of 2011, the end of summer 2012 marks the beginning of the revival for Euroland with the emergence of a positive dynamic fed by two lasting phenomena: first, the progressive operational installation of the instruments bitterly discussed and decided upon during the last 18 months and, secondly, the visionary spark brought by the political changes of the last six months which have put Euroland’s medium to long term future back in the middle of the decision-making process. The Euro’s progress these past weeks offers a perfect illustration of the phenomenon (1). That being said, Europe will be in recession for the next six to twelve months. It just goes to show that the only good news that we announced in the June 2012 GEAB issue is far from being miraculous. In a certain sense, it’s even the contrary, since henceforth it’s no longer possible to hide the global economy’s tragic state behind the pretext of the “Euro or Greek crisis”.
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So long, F@€£&*%K
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