Knowledge empowering change. What you need to know to shift towards a socially just, environmentally sound and compassionate society.
Do you have questions about Money & Banking, the global financial system or the economic system? Check here for upcoming public events, talks and discussions around these topics. It’s a great way to learn more, and learn how you can help change the world.
In the face of increasing economic instability, building a resilient, enduring and equitable local economy is vital. To achieve this, we need to understand the current economic system, how it affects our communities and ways to transform it. We also need to understand how the monetary, banking and financial systems work and their central role in the functioning of the economy.
Essential Knowledge for Transition makes visible the “operating system” of our society.
EK4T aims at explaining in layman’s terms the design and functioning of the large systems in our society – the monetary and banking system, the economic system and the financial system. The design of those systems can be thought of as the very operating system of our society. Such operating system is frustrating our efforts to bring about a more compassionate, democratic, equitable and environmentally sound society and needs to be overhauled.
Each component of the EK4T curriculum offers options for redesigning those systems in a way that allows us to tackle and overcome the challenges we face – climate instability, environmental degradation, growing economic inequity and erosion of democracy. Think of it like the direction of flow in a river. Swimming against the current is arduous and you might end up farther from your destination regardless of your efforts if the current is strong enough. Redesigning our large systems is like reversing the direction of the flow in the river allowing us to swim with the current and making it easier for us reach our destination.
I was struck by the tenacious misconception that economic growth is needed in order to address inequality as expressed for example in the recent blog on the Capital Institute website titled Transcending the Tension between Climate Change and Inequality by
How do we bring about the more just and compassionate society we long for in the New Year? How do we remain centered, effective and positive in the presence of the many challenges we face? How do we move towards
With the economic slump well into its sixth year and unemployment still significantly higher than at its inception in 2007, it is understandable that the priority of elected officials is job creation. States, counties and municipalities, while dealing with budget