The final Adventures in New Economics for this season is on Wednesday, November 26th:
Change money, change the world
Wednesday 26th @ 7.30pm, Totnes Methodist Church
| £ sliding scale
Join Ben Dyson, founder of Positive Money for this Adventures in New Economics talk. Find out where it’s all gone wrong and what we can do to take back democratic control over our money supply.
Many of the big social and economic problems that we’re facing today are due to the way that money is created. Most people still think that only the government can create money, but in reality more than 97 % of money is created by private banks. They do this every time they make a loan, effectively creating new money out of nothing, and then charging us interest. This means that we are effectively renting the money we need to run our economy from the banks. In the UK alone, together we pay the banks £192 million in interest every single day. And because the debt is held mostly by the bottom 90% and wealth mostly by the top 10%, paying this interest transfers assets and income from the majority up to the wealthy few.
As long as we let banks create all the money we use, we’ll have to keep paying this huge interest bill. However, there are ways to create money that don’t depend on us all going into debt to the banks. A sustainable and healthy economy is actually IMPOSSIBLE until we have a stable interest-free money supply. Positive Money wants to bring the creation of money back under democratic control so that money can be used for society and not against it.
Come along to this essential talk on Wednesday 26th November at 7.30pm in the Methodist Church in Fore Street, Totnes. By donation.
Other talks have included:
The REconomy Team - Special update on the Totnes REconomy Project - October 9th
Jonty Williams and Julian Pratt, Henry George Society of Devon - "Alternatives to Owning the Earth" - October 16th
Anna Coote, new economics foundation - "Time on our Side - why we all need a shorter work week" - October 22
Tony Greenham, new economics foundation - "The Sharing Economy: Economic liberation or 21st century serfdom?" - October 27
Jonathan Dawson, Schumacher College - "Taking Radical, Transformative Economics Education into the Mainstream" - October 29
Gustavo Esteva, Universidad de la Tierra (via Skype) - "Putting the Commons and 'Buenvivir' at the Heart: the Mexican experience" - November 4
David Bollier, Commons Strategies Group - "Wealth of the Commons" - November 5
Ben Dyson, Positive Money - "Change money, change the world" November 26
Some of the talks will be at Schumacher and some will be in Totnes - check the events page and watch out for posters. And now, you can follow us on Twitter @ReconomyCentre
This series is a collaboration between Schumacher College and the Totnes REconomy Project.