Category Archives: Money system

GMPF and fossil fuel divestment – update

First the good news: we understand that Greater Manchester Pension Fund has agreed to update its “responsible investment policy” in line with current thinking on Trustees duties.  That is to say, it will now consider social and ethical considerations to … Continue reading

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From loyalty points to community currency: releasing value for the local economy

The development of community loyalty points, which aim to give a leg-up to people living on the poverty line, is picking up momentum with two proof-of-concept projects slated to go live later this summer in Wigan and Hull. The aim … Continue reading

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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

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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

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The Viable Economy serialised – About investment, money, credit and debt.

We continue the serialisation of our intervention, The Viable Economy, this time with just one section, on investment, money, credit and debt. You can download the whole pamphlet as a pdf file, here. If you like it, why not make … Continue reading

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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

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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.  

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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

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