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Category Archives: Banking
Alternative financial innovations in Greater Manchester?
We are interested in exploring the possibilities for alternative financial systems to promote economic, social and ecological well-being in this part of the world. The key idea is to identify the gaps in the local system of financial resources (systems, … Continue reading
Posted in Banking, economics, get involved, Money system, news
Tagged banking, credit, investment, local currency, re-localisation
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Greater Manchester Pension Fund: some positive moves but more ambition needed.
What kind of a job are the city region’s investments doing in securing a viable future for the region – economically, socially, and for our living planet? Back in September, 2013, we wrote to the then chair of Manchester City … Continue reading
Payday lending and the need for community banking
Carl Packman, a writer on the growth of payday lending introduced a discussion on Wednesday under the auspices of Manchester’s Social Action Research Foundation (SARF) Ironically Carl’s recent book (“Payday Lending: Global Growth of the High‐Cost Credit Market”) costs £45, … Continue reading
Posted in Banking, event reports, In Place of Growth
Tagged Carl Packman, community banks, credit, debt, financial services reform, In Place of Growth, Mark Burton, nef, payday lending, payday loans, poverty, SARF
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Why Manchester City Council Should be Banking on Something Better
Part of the transition to a steady state economy requires maximizing the opportunities for local economies to invest in themselves, specifically in socially useful, equitable and resilience building enterprises. SSM also believes Local Government will play a key role in … Continue reading
Money as a social construct and public good
Money as a social construct and public good | British Politics and Policy at LSE. The above is a short link to a short article by Ann Pettifor (one of the New Green Deal authors) which summarises the argument of her … Continue reading
Posted in Banking, economics, further reading, Money system
Tagged banking, economy, LinkedIn, money
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Local authority banks – the door is open! | NewStart
See this: Local authority banks – the door is open! | NewStart. New municipal banks: what do you say Manchester and neighbours? also see How to set up a local bank.
Posted in Banking, Money system
Tagged banking, Greater Manchester Combined Authority, LinkedIn, money
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Keep the Co-op Bank ethical – the battle has not been lost yet.
A new campaign has been launched to keep the Co-operative Bank true to its ethical mission in the face of the hostile take-over by US Hedge Funds following what look rather like some poor strategic decisions by the bank’s former … Continue reading
The financial enclosure of the commons | Red Pepper
The financial enclosure of the commons | Red Pepper. Really useful and succinct summary of the problem. Carbon trading creates financial derivatives and actually makes the situation worse. For more detail also see:- Lohmann, L. (2009). When markets are poison: … Continue reading
Posted in Banking, economics, further reading, lock-in, Money system, theory
Tagged banking, climate change, markets, money, Red Pepper, sources
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