Economics

An examination of The Ethics and Economics of Private Property, by Hans-Hermann Hoppe

An examination of The Ethics and Economics of Private Property, by Hans-Hermann Hoppe

The Ethics and Economics of Private Property, by Hans-Hermann Hoppe, has been referenced by capitalists for a justification of private property.

The first section is entitled “The Problems of Social Order”.

Alone on his island, Robinson Crusoe can do whatever he pleases.

The Sharing Economy Expands in Toronto's East Side

The Sharing Economy Expands in Toronto's East Side

After a long summer of renovations, the Institute for Resource-Based Economy (IRBE) is proud to announce the opening of a Tool Library in Toronto!

A Tool Library is like a library, but rather than books, it lends tools and machines to design or repair items.

This approach lowers the unnecessary consumption of tools, such as a drill that is used a few hours in a year, reduces the consumption of resources to build them, saves on shipping and transport, and spreads the collaborative philosophy and thriftiness.

With a small annual subscription (from $50 to $100) members can take advantage of the full range of tools. These subscriptions can also be deducted through free hours of volunteer work.

The Tool Library contains many courses that teach a variety of skills, such as how to build a 3D printer, how to assemble a PC, how to install Linux, etc. Imagination is the only limit!

The space of this Tool Library is three times larger and includes an on-site Makerspace with a 3D printer and a woodworking shop fully stocked. Now you can build your dream projects on the spot instead of buying them at the superstore.

Location and Hours : Toronto Tool Library & Makerspace
Media: Torontoist, Toronto Star, MakersNation

Greetings!
The Tool Library team

Market Fundamentalism as a Religion

Market Fundamentalism as a Religion

Modern economic theory is presented as a science. Elaborate mathematics and diagrams are employed to derive principles that are assumed to be universal among economic actors, even though the specialized math used is a “dated version” (Keen 6) and such diagrams “often contain outright fallacies” (Keen 14). After a closer examination of the dominant economic theory and its critics, one might come to the conclusion that it is actually a belief system quite similar to a religion, not an actual scientific study. The following definition of religion is given by Clifford Geertz:

BASIC INCOME: A new universal right?

BASIC INCOME: A new universal right?

As a brief intro and due to the first responses on the original Spanish post on my blog I want to clarify that I do think the Universal Basic Income (UBI) is a good idea; however, I think that if we emphasize one single approach, I would not choose this one, and what follows is why. Nevertheless the intention here is to start a dialog on the proposals and how we can expand on them.

The Labour Movement: Breaking an Old Paradigm

The Labour Movement: Breaking an Old Paradigm

“The synergetic aspect of industry’s doing ever more work with ever less investment of time and energy per each unit of performance...has never been formally accounted as a capital gain of land-situated society. The synergistic effectiveness of a world-around integrated industrial process is inherently vastly greater than the confined synergistic effect of sovereignly operating separate systems. Ergo, only complete world desovereignization can permit the realization of an all humanity high standard support.”
-R. Buckminster Fuller

The Zombie as Barometer of Capitalist Anxiety

The Zombie as Barometer of Capitalist Anxiety

The modern incarnation of the zombie, as seen strewn across pop culture horror novels and films in ever-increasing numbers, is easily recognized and radically different from its historical roots; any member of our modern Western culture can spot the gray, often rotting flesh, the black eyes, the dishevelled appearance, the shuffling gait, the wretched moaning, and, of course, the bloody mouths flecked with fresh flesh and detritus.

Planned Obsolescence for the Monetary System: The 4-Hour Workday

Planned Obsolescence for the Monetary System: The 4-Hour Workday


www.4hourworkday.org

Buckminster Fuller once said: "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete." Let's make that happen then. Let's make this current Monetary System obsolete by establishing the 4-Hour Workday worldwide and lead the path into a new model, a Resource Based Economy.

The Root of All Evil?

The Root of All Evil?

•••

Toward the end of the '70s and early '80s I began to be preoccupied with the problem of justice and injustice. I began to realize that there could be no justice in this world with the working people being exploited. They were getting meager earnings while their exploiters were enjoying the benefits of their hard labor.

Mark Boyle at TZM Interviews

Mark Boyle at TZM Interviews

Mark Boyle, AKA The Moneyless Man, (born 8 May 1979) is a writer and activist best known for founding the online Freeconomy Community, and for living without money since November 2008. Boyle writes regularly for the Freeconomy Blog and British newspaper The Guardian. His first book, The Moneyless Man: A Year of Freeconomic Living, was published in 2010. He recently published ‘The Moneyless Manifesto’ where he does not only demystify money and the system that binds us to it, he also explains how liberating, easy and enjoyable it is to live with less of it.

From Basic Income to Resource Based Economy

From Basic Income to Resource Based Economy

It has been a while since I saw this video for the first time and since then, I keep thinking about all the implications of such a simple solution. I have examined our banking system, our taxes, some reform proposals, local exchange trading systems (LETS – e.g. RiverHOURS or Fourth Corner Exchange) and came to a conclusion that the real problem is in income-distribution and money-flow.

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