New Economy

Co-op Has A Plan To Democratise Large Parts Of The Internet

May 27, 2020 By Leo Sammallahti, Co-op Exchange. Create! Democratize, Internet, New Economy, Privatization

Around 5% of all websites use the .org domain, with the most popular being Wikipedia. These websites represent around 6% of the top 1000 websites and 7% of the top 100 000 domains. The domain itself has been controlled by ICANN (The Internet Corporation for Assigned Names and Numbers), which is part of the non-profit Internet Society. In 2019 a private equity firm, Ethos capital, approached ICANN with an offer of buying the .org registrar for $1.6 billion. As the deal seemed likely to pass, the opposition to the deal mobilised a massive campaign to stop it. ICANN received 3,252 comments, with only 6 in favour of the deal. Perhaps the most commonly cited criticism included the removal of the price cap. The price for .org domains had been capped at 9.93$/year since 2013, although registrants were allowed to freely sell them.

What Future Do We Want?

May 27, 2020 By Mathis Wackernagel, Footprint Network. Create! climate crisis, COVID-19, New Economy, Regeneration

The radical slowdown of the global economy, due to humanity’s efforts to slow down the spread of the coronavirus, has reduced carbon emissions and resource demand significantly over the last months. This has led to a temporary reduction of human pressure on our planet, although at great human cost. Already, one thing is for certain: the current reduction of humanity’s Ecological Footprint is nothing to celebrate. The pandemic and the policies designed to address it took us all by surprise. The disruption to business-as-usual was caused by disaster and has led to increased suffering. The shock we are all experiencing cannot be misconstrued as a lasting positive transformation. This crisis is strangely reminiscent of the story line of some cheap science-fiction novels: unfriendly aliens come to Earth, causing humanity to unite in order to effectively defend ourselves.

Group Hopes To See New Economy Emerge Based On Hawaiian Values

May 26, 2020 By Dan Nakaso, Star-Advertiser. Create! Environment, Hawaii, New Economy, Transformation

A new group that wants to reboot Hawaii’s tourist-based economy in the era of the new coronavirus announced a four-step plan Tuesday to come up with ideas by August based on Native Hawaiian cultural values. The ‘Aina Aloha Economic Futures Declaration, which was sent to Gov. David Ige, is the first part of an effort to create a different island economy based on centuries of island-based values. The declaration was authored by 14 members of the community who want “to reboot the entire operating system of our economy,” said Kamanamaikalani Beamer, associate professor of the University of Hawaii’s Center for Hawaiian Studies. So far, the overall concept has been endorsed by more than 550 individuals and organizations. A new island economy needs to be based on values “that have sustained life in these islands for centuries,” Beamer said.

Tenants Buy Properties From Negligent Landlord Who Tried To Evict Them

May 26, 2020 By Max Nesterak, Minnesota Reformer. Create! Cooperatives, Housing, New Economy, Rent Strike

Thirty-eight families in south Minneapolis will gain ownership of their five apartment buildings after spending years battling with their landlord, Stephen Frenz, who had been trying to evict them. “This is an amazing victory. I am so happy,” Chloe Jackson said in a statement Monday. She is a resident of one of the properties and board president of the tenant's rights group Inquilinxs Unidxs Por Justicia (United Renters for Justice). Eviction seemed certain once the pandemic hit since the families — most of whom are immigrants and don’t have health care or access to government benefits — had collectively gone on rent strike.

The Case For Degrowth In A Time Of Pandemic

May 26, 2020 Giorgos Kalli, Susan Paulson, Giacomo D'Alise, Federico Demaria, The Ecologist. Create! COVID-19, Degrowth, Environment, New Economy

To be more resilient to crises – pandemic, climatic, financial, or political – we need to build systems capable of scaling back production in ways that do not cause loss of livelihood or life. We need degrowth. But what is happening during the pandemic is not degrowth. Degrowth is a project of living meaningfully, enjoying simple pleasures, commoning, sharing and relating more with others, and working less, in more equal societies. The goal of degrowth is to purposefully slow things down in order to minimize harm to humans and earth systems and to reduce exploitation. The time is ripe for us to refocus on what really matters: not GDP, but the health and wellbeing of our people and our planet.

COVID-19 Sparks A Rebirth Of The Local Farm Movement

May 25, 2020 By Stephanie Hiller, YES Magazine. Create! Food and Agriculture, New Economy, Urban Farms

Family farms in California and across the country have been hit hard by the impact of the coronavirus on their markets. But in the health-conscious Bay Area, where celery was already one of the first groceries to disappear from the produce rack, demand for fresh local produce has shot up. The challenge is in redirecting food from farms to new customers. Food is fundamental. While farmers have yet to face the full economic impact of this pandemic, their collaborative efforts, along with local grassroots networks, could mark the beginning of a new economy laboring to be born.

A New Model For Community-Owned Farmland

May 24, 2020 Agrarian Trust. Create! Commons, Food and Agriculture, Land Reform, New Economy

Today Agrarian Trust announces the launch of a transformative new model for community-based farm and ranch ownership and tenure, the Agrarian Commons. After several years of development and collaborative input, the Agrarian Commons launches in 10 states across the country. Co-founded with 12 farms representing 2,400 acres of diversified agriculture serving local foodsheds and communities, the Agrarian Commons is a profoundly collaborative endeavor and central to Agrarian Trust’s mission to support land access for the next generation of farmers. Agrarian Trust was founded in 2013 to address the staggering loss of farmland and the extreme challenges facing farmland seekers. Initially launched as a project of the Schumacher Center for New Economics, Agrarian Trust was established by a diverse group of stakeholders from across the United States, many of them farm service providers and beginning farmers who have witnessed firsthand the formidable obstacles facing agriculture’s next generation.

In Community We Trust

May 22, 2020 the Schumacher Center for a New Economics. Create! Alternative Currency, Community, Money, New Economy

Frank Tortoriello was the owner of a popular deli on Main Street in Great Barrington. He turned to SHARE when he lost his lease and the bank refused him a loan to renovate his new location. But Frank didn’t need SHARE’s circle of grandmothers; he already had a circle of his own in his customers. SHARE suggested that Frank issue Deli Dollars as a self-financing technique. The notes would be purchased during a month on sale and redeemed after the Deli had made its move. A local artist, Martha Shaw, designed the note, which showed a host of people carrying Frank and his staff, all busy cooking, to their new location. The notes were issued in 1989 and were marked “redeemable for meals up to a value of ten dollars.”

The Year Of Car-free Streateries

May 19, 2020 Mike Eliason, The Urbanist. Create! Energy, New Economy, Transportation, Urban Design

Seattle - As our city starts to open back up, several issues are becoming quite apparent in our urban villages. In many, there is inadequate space on sidewalks to adequately social distance. There is also inadequate space to order and wait for food from restaurants for pick up. And given that restaurants will be extremely limited in the number of patrons that can dine in them, they will need to utilize the space in their parking lots or adjacent streets to allow dining with proper distancing measures. This is an opportunity to prioritize businesses and pedestrians like none we’ve ever seen. We will need space so that our small businesses and restaurants can survive Covid. And given that we may be over a year away from a vaccine, these changes could not only be long-term, but the impetus needed to vastly improve livability in the densest parts of our city.

Italian Town Prints Own ‘Currency’ To Help Locals And Businesses

May 12, 2020 Alessio Dellanna, Euro News. Create! Italy, Local Currency, New Economy, Recession

Castellino del Biferno is a small town in south Italy's Molise region with only 550 residents. Minting money is something town mayor Enrico Fratangelo has been studying for over twelve years. The Covid-19 pandemic gave him the opportunity to test his skills. "We decided to mint money to make sure the local economy could withstand the impact of the situation. However small this economy may be, there are three or four businesses still open, without considering bars or pubs," Fratangelo explained. "Ducati" Banknotes are distributed to the residents in accordance with their economic needs. They have already spent thousands of "Ducati" at their local shops. Every two weeks, the shops return the "Ducati" to the town council and get the corresponding amount in euros.

Pandemic Crash Shows Worker Co-ops More Resilient Than Traditional Business

May 11, 2020 By Brian Van Slyke, Truthout. Create! New Economy, Recession, Worker Cooperatives, Worker Ownership

While we have no way to know yet the full extent of the economic fallout from the COVID-19 pandemic, by all accounts it could be as bad — if not far worse — than the 2008 crash. In fact, in terms of unemployment alone, the numbers are already staggering: more than 33 million jobs have been lost so far in the U.S. during the coronavirus shutdowns, compared to the roughly 8.6 million lost in the Great Recession. Following that crisis, many working people turned to the worker cooperative model as a way to build economic resiliency and stability for themselves. In the decade after 2008, the number of worker-owned cooperatives in the United States nearly doubled, increasing from 350 to 600. I know, because I am a member of one of those cooperatives that formed: The TESA Collective, which creates tools and games for social change.

Covid-19 Is A Reason To Start The Green New Deal Now

May 11, 2020 Sarah Lazare, In These Times. Create! Green New Deal, New Economy, Recession, Unemployment

Our political leaders, Republican and Democrat, are leaving tens of millions of people in free fall. Instead of a guaranteed income and universal, single-payer healthcare, we are offered paltry, one-time checks and unemployment payments (for those who qualify—and many don’t, including all undocumented people). Epidemiologists tell us that people must stay home to curb the spread of the virus—yet, to do so, people need a consistent income, which most cannot achieve from home. We have been offered no road map for keeping bread lines—like the 10,000 families who showed up at a food bank in San Antonio—from growing ever longer. Even as there are no jobs, work is piling up. For example, any plan to safely emerge from shutdown also requires contact tracing, which involves mass testing to find people who have been infected with the virus, then tracking down and monitoring anyone they have come in contact with.

The Green New Deal Is The Key To Ending Forever Wars

May 10, 2020 Lindsay Koshgarian, Truthout. Create! climate crisis, Green New Deal, New Economy, Pentagon

The fossil fuel industry is a current casualty of the coronavirus pandemic, with oil prices briefly dipping below zero at the end of April. With the oil industry on the ropes, progressives see a path toward a green economic renewal. Could that spell a whole new approach to international conflict and the U.S. military endeavor, too? Oil is the leading cause of interstate wars, but the connections between war and oil don’t stop there. From the Pentagon’s fossil fuel emissions to militarized responses to climate refugees, the U.S. military endeavor and our dependence on fossil fuels are intricately tied, as Lorah Steichen and I explain in a new report. Recognizing those ties could be the key to a whole new world.

Four Scenarios For Europe’s Future After The Crisis

May 1, 2020 Philippe Pochet, Social Europe. Create! European Union (EU), Global Recession, New Economy, Pandemic

It’s now clear the Covid-19 pandemic will have major, long-term consequences. In the European Union, the very foundations of European integration are being questioned. The EU is defined by its ‘pillars’: the single market and free movement, the euro and the Stability and Growth Pact, and competition and state-aid law. These three pillars are being shaken by the pandemic and they are sure to be at the centre of debates on the future of Europe. The post-crisis EU—assuming it survives—could have very different foundations if the questioning of the three pillars continues. But in which global environment is this set to happen? There are four possible scenarios. The first (contrary to what I have written before) is a possible return to neoliberal orthodoxy—a bit like the previous crisis (2008-13), when Europe reverted even more radically to neoliberal fundamentals after a more or less green recovery in 2009.

Could New Jersey Solve The Local News Crisis?

April 30, 2020 Joshua Benton, NiemanLab.org. Create! Local Media, New Economy, New Jersey (NJ), Public Funding

Americans, generally speaking at least, think it is right and good that they and their neighbors have access to books. And magazines and newspapers. And internet access when you need it. And places to sit and read. And a trusted source you can call when you have a question you can’t figure out the answer to. These things cost money, and it’s unlikely the magic of the marketplace will find a way to make all of them universally accessible. So people in nearly every community nationwide have funded and supported these things called libraries. In many places, those libraries are funded by a special dedicated tax or fee, which goes to buy those books, pay for that internet access, keep the lights on, and so on.

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