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	<title>Steady State Revolution &#187; Media</title>
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	<link>http://steadystaterevolution.org</link>
	<description>Fighting for a Sustainable World with a Steady State Economy</description>
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		<title>Resiliency &amp; Peak Oil</title>
		<link>http://steadystaterevolution.org/resiliency-peak-oil/</link>
		<comments>http://steadystaterevolution.org/resiliency-peak-oil/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 03:40:42 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Environment]]></category>
		<category><![CDATA[Media]]></category>

		<guid isPermaLink="false">http://steadystaterevolution.org/?p=3184</guid>
		<description><![CDATA[Something I have been thinking a lot about lately is resiliency, both personal and communal. It&#8217;s a main topic in the book of the month, The Transition Handbook, too. What is resilience? It is the ability of a system to absorb or adapt to external changes and shocks. Essentially, it&#8217;s the ability to roll with [...]]]></description>
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<p>Something I have been thinking a lot about lately is resiliency, both personal and communal. It&#8217;s a main topic in the <a href="http://steadystaterevolution.org/archives/books-of-the-month/">book of the month</a>, <a href="http://www.indiebound.org/book/9781900322188?aff=steadystater"><em>The Transition Handbook</em></a>, too. What is resilience? It is the ability of a system to absorb or adapt to external changes and shocks. Essentially, it&#8217;s the ability to roll with the punches. This seems to me to be an incredibly valuable trait to have as a strong, independent human being. More importantly, it&#8217;s something we should instill in our communities and the systems upon which we rely for sustaining and enriching our lives.</p>
<p>We seem to be talking a lot about climate change lately, yet we should be just as worried about peak oil. I am begining to think we should worry a bit more about it, actually. Oil is in <em>everything</em>. Either directly or indirectly, oil rules our lives and touches everything we rely on. So what happens when we run out? Well, it&#8217;s not as important as what happens after the peak. After we cross the point of less supply yet increasing demand.</p>
<p>After the peak prices go up, quickly. The rise in oil prices will result in a rise in food prices, clothing prices, transportation costs, and just about everything else. This wave of cost increases will make it very difficult for everyone who is not extremely rich, especially those of us in the middle class, and even more so for those near or just under the poverty level.</p>
<p>Watch this little video and think about how your community. Are you fostering resilience? Perhaps you should investigate the <a href="http://transitionculture.org">Transition Movement</a>, too.</p>
<p style="text-align: center;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="480" height="385" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/gHKp5vF_VoE&amp;hl=en_US&amp;fs=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="480" height="385" src="http://www.youtube.com/v/gHKp5vF_VoE&amp;hl=en_US&amp;fs=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p><em>Oh, a site note: I am officially a licensed professional engineer. I passed my exams. Cheers!</em></p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/mr-president-put-solar-on-the-white-house/' rel='bookmark' title='Permanent Link: Mr President, Put Solar On The White House'>Mr President, Put Solar On The White House</a></li>
<li><a href='http://steadystaterevolution.org/post-growth-reading-list/' rel='bookmark' title='Permanent Link: Post Growth Reading List'>Post Growth Reading List</a></li>
</ol></p>]]></content:encoded>
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		<title>Mr President, Put Solar On The White House</title>
		<link>http://steadystaterevolution.org/mr-president-put-solar-on-the-white-house/</link>
		<comments>http://steadystaterevolution.org/mr-president-put-solar-on-the-white-house/#comments</comments>
		<pubDate>Mon, 12 Jul 2010 03:45:47 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Culture]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Politics & Public Policy]]></category>
		<category><![CDATA[barack obama]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[resilience]]></category>
		<category><![CDATA[Sustainability]]></category>

		<guid isPermaLink="false">http://steadystaterevolution.org/?p=3170</guid>
		<description><![CDATA[Symbols are important. The Statue of Liberty, the Eiffel Tower, the Pyramids, the Great Wall are all examples of important cultural symbols. But even small symbols are important, in fact I would venture that smaller, local symbols are even more important on a day-to-day basis &#8211; the example of a father, the blessing of a [...]]]></description>
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<div id="attachment_3171" class="wp-caption alignright" style="width: 230px"><a href="http://www.solaronthewhitehouse.com/"><img class="size-full wp-image-3171" title="globama" src="http://steadystaterevolution.org/wp-content/uploads/2010/07/globama.jpg" alt="" width="220" height="260" /></a><p class="wp-caption-text">Lead By Example, Symbols Are Powerful</p></div>
<p>Symbols are important. The Statue of Liberty, the Eiffel Tower, the Pyramids, the Great Wall are all examples of important cultural symbols. But even small symbols are important, in fact I would venture that smaller, local symbols are even more important on a day-to-day basis &#8211; the example of a father, the blessing of a ship, the courtesy of a door held open.</p>
<p>In order for the United States to survive the coming few decades as a society it will need to invest in something called resilience. This term has devoid from our lives for the past 50-100 years in part because of our belief that we will forever have cheap energy. The truth of the matter is that oil is peaking, and will run out soon.</p>
<p>Even before it runs out completely, it will get super expensive. This might not seem like a big deal to some, but to many this will increase the costs of <em>everything we do</em>, because nearly all of it relies on oil. Electricity, supermarket food, pencils, transportation, fresh water, lawn mowers, sewer, medical supplies, and waste water systems &#8211; everything either requires oil directly or indirectly.</p>
<p>Therefore, in order to increase our society&#8217;s resilience, we need to be able to take the shock of post-peak oil in stride. This means, <a href="http://transitionculture.org/">among many other things</a>, having readily available renewable energy. We should take advantage of our cheap(er) oil now to build the structures that will sustain a more resilient society after the peak. Once the shocks come it will likely be too late to make any proper transition to a renewable energy-powered society without hardship.</p>
<p>Back to symbols &#8211; we need a strong leader in this venture towards a sustainable society. President Obama has a great opportunity to provide a great symbol of our commitment on top of his house &#8211; <a href="http://www.solaronthewhitehouse.com/?p=iquote">for free!</a> <a href="http://www.solaronthewhitehouse.com/">The Glõbama</a> Campaign is provide a means for us to send a message to the president that he should do just that &#8211; put solar panels on the white house!</p>
<p>Check it out <a href="http://www.solaronthewhitehouse.com/">here</a>.</p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/blueprint-for-a-better-world/' rel='bookmark' title='Permanent Link: Blueprint For A Better World'>Blueprint For A Better World</a></li>
<li><a href='http://steadystaterevolution.org/resiliency-peak-oil/' rel='bookmark' title='Permanent Link: Resiliency &#038; Peak Oil'>Resiliency &#038; Peak Oil</a></li>
<li><a href='http://steadystaterevolution.org/obama-announces-degrowth-wins-republican-support/' rel='bookmark' title='Permanent Link: Obama Announces Degrowth, Wins Republican Support'>Obama Announces Degrowth, Wins Republican Support</a></li>
</ol></p>]]></content:encoded>
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		<title>Feeds For A Sustainable Society</title>
		<link>http://steadystaterevolution.org/feeds-for-a-sustainable-society/</link>
		<comments>http://steadystaterevolution.org/feeds-for-a-sustainable-society/#comments</comments>
		<pubDate>Thu, 08 Jul 2010 02:18:56 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Sustainability]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[news]]></category>

		<guid isPermaLink="false">http://steadystaterevolution.org/?p=3121</guid>
		<description><![CDATA[Whether you&#8217;re a twitter follower or not, I tend to put a lot of articles up on there. Something like 3-15 a day. Micro-blogging they call it. Most of my tweets run with a hashtag or two: #neweconomy, #postgrowth, #steadystate, et cetera. Once upon a time it was a place for me to store for later [...]]]></description>
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<p>Whether you&#8217;re a <a href="http://twitter.com/steadystater">twitter follower</a> or not, I tend to put a lot of articles up on there. Something like 3-15 a day. Micro-blogging they call it. Most of my tweets run with a <a href="http://twitter.pbworks.com/Hashtags">hashtag </a>or two: <a href="http://twitter.com/#search?q=%23neweconomy">#neweconomy</a>, <a href="http://twitter.com/#search?q=%23postgrowth">#postgrowth</a>, <a href="http://twitter.com/#search?q=%23steadystate">#steadystate</a>, et cetera. Once upon a time it was a place for me to store for later use articles I thought interesting. Today it is a way to further the message and gaining readers for this blog and <a href="http://postgrowth.org">Post Growth</a>. One twitter follower asked me recently what blogs I follow. Well&#8230;.</p>
<p>Below is a list of the blogs I am currently following that I think give a wide array of articles on topics related to a sustainable society, economy and way of life. This is a fairly long list, so I suggest you get yourself a feed reader and have the articles sent to you in one location &#8211; I love <a href="http://reader.google.com">google reader</a> for this &#8211; or follow me on twitter for updates on articles I find especially pertinent. I wanted to write out a short description of each one, but realized after I compiled them all in one place that task would have taken me forever, so I encourage you to check them out on your own:</p>
<div id="_mcePaste">
<ul>
<li><a href="http://12degreesoffreedom.blogspot.com/">12 Degrees of Freedom</a></li>
<li><a href="http://www.abundancypartners.co.uk/">Abundancy Partners</a></li>
<li><a href="http://beyondmoney.net/">Beyond Money</a></li>
<li><a href="http://www.bikecommuters.com/">Bike Commuters</a></li>
<li><a href="http://steadystate.org/learn/blog/">The Daly News</a></li>
<li><a href="http://cleantechnica.com/">CleanTechnica</a></li>
<li><a href="http://climateprogress.org/">Climate Progress</a></li>
<li><a href="http://www.desmogblog.com/">DeSmogBlog</a></li>
<li><a href="http://ecomattersdaily.com/">EcoMatters</a></li>
<li><a href="http://www.energybulletin.net/">Energy Bulletin</a></li>
<li><a href="http://www.freepursuits.com/">Free Pursuits</a></li>
<li><a href="http://www.oxfamblogs.org/fp2p/">From Poverty to Power</a></li>
<li><a href="http://greenbuildingelements.com/">Green Building Elements</a></li>
<li><a href="http://www.greengrowthcc.com/">Green Growth Cascadia</a></li>
<li><a href="http://greeningtheinnercity.ca/">Greening the Inner-city</a></li>
<li><a href="http://growthbusters.org/">Growthbusters</a></li>
<li><a href="http://inhabitat.com/">InHabitat</a></li>
<li><a href="http://motherjones.com/kevin-drum">Kevin Drum Feed | Mother Jones News</a></li>
<li><a href="http://letsgorideabike.com/">Let&#8217;s Go Ride A Bike</a></li>
<li><a href="http://makewealthhistory.org/">Make Wealth History</a></li>
<li><a href="http://motherjones.com/mojo">Mojo Feed | Mother Jones News</a></li>
<li><a href="http://Monbiot.com">Monbiot.com</a></li>
<li><a href="http://www.moreminimal.com/">More Minimal</a></li>
<li><a href="http://blog.newcurrencyfrontiers.com/">New Currency Frontiers</a></li>
<li><a href="http://www.newgeography.com/">Newgeography</a></li>
<li><a href="http://noimpactman.typepad.com/">No impact Man</a></li>
<li><a href="http://www.onsimplicity.net/">On Simplicity</a></li>
<li><a href="http://initforthegold.blogspot.com/">Only In It For The Gold</a></li>
<li><a href="http://www.openlybalanced.com/">Openly Balanced</a></li>
<li><a href="http://www.postcarbon.org/">Post Carbon Institute</a></li>
<li><a href="http://postgrowth.org">Post Growth</a></li>
<li><a href="http://rs.resalliance.org/">Resilience Science</a></li>
<li><a href="http://rowdykittens.com/">Rowdy Kittens</a></li>
<li><a href="http://seattletransitblog.com/">Seattle Transit Blog</a></li>
<li><a href="http://www.newscientist.com/blog/shortsharpscience/">Short Sharp Science</a></li>
<li><a href="http://www.sincerelysustainable.com/">Sincerely Sustainable</a></li>
<li><a href="http://www.slowfoodusa.org/index.php/slow_food/blog/">Slow Food USA</a></li>
<li><a href="http://steadystatecyclist.wordpress.com/">Steady State Cyclist</a></li>
<li><a href="http://steadystaterevolution.org">Steady State Revolution</a></li>
<li><a href="http://nickpalmer.blogspot.com/">Sustainability &amp; Stuff According to Nick Palmer</a></li>
<li><a href="http://www.johnehrenfeld.com/">Sustainability By Design</a></li>
<li><a href="http://www.sustainableeats.com/">Sustainable Eats</a></li>
<li><a href="http://www.insitu.com.hk/blog/">Sustainable Living Hong Kong</a></li>
<li><a href="http://www.everydayminimalist.com/">The Everyday Minimalist</a></li>
<li><a href="http://theideahive.com/">The Idea Hive</a></li>
<li><a href="http://www.themiddlefingerproject.org/">The Middle Finger Project</a></li>
<li><a href="http://neweconomics.org/blog">The nef triple crunch blog</a></li>
<li><a href="http://robinhoodtax.org.uk/">The Robin Hood Tax</a></li>
<li><a href="http://www.worldchanging.com/">Worldchanging</a></li>
</ul>
</div>
<p>Anyone have others to suggest? I always love to add new blogs to my reading list!</p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/sustainable-economics-blogs/' rel='bookmark' title='Permanent Link: Sustainable Economics Blogs'>Sustainable Economics Blogs</a></li>
<li><a href='http://steadystaterevolution.org/sustainable-scale/' rel='bookmark' title='Permanent Link: Sustainable Scale'>Sustainable Scale</a></li>
<li><a href='http://steadystaterevolution.org/add-it-up/' rel='bookmark' title='Permanent Link: Add It Up'>Add It Up</a></li>
</ol></p>]]></content:encoded>
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		<title>BP Coffee Spill</title>
		<link>http://steadystaterevolution.org/bp-coffee-spill/</link>
		<comments>http://steadystaterevolution.org/bp-coffee-spill/#comments</comments>
		<pubDate>Tue, 15 Jun 2010 17:56:10 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Environment]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[oilspill]]></category>

		<guid isPermaLink="false">http://steadystaterevolution.org/?p=3095</guid>
		<description><![CDATA[A little humor is always refreshing in all the news of the ever expanding Gulf oil spill. I couldn&#8217;t resist posting this hilarious video Climate Progress pointed me towards. Enjoy. Available to view on YouTube here. Related posts:The Earth Bleeds Out Information Deformation Four Years. Go.]]></description>
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<p>A little humor is always refreshing in all the news of the <a href="http://steadystaterevolution.org/the-earth-bleeds-out/">ever expanding Gulf oil spill</a>. I couldn&#8217;t resist posting this <a href="http://www.youtube.com/watch?v=2AAa0gd7ClM&amp;feature=player_embedded">hilarious video</a> <a href="http://climateprogress.org/2010/06/12/bp-humor-video/">Climate Progress</a> pointed me towards. Enjoy.</p>
<p style="text-align: center;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="500" height="300" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://www.youtube.com/v/2AAa0gd7ClM&amp;color1=0xb1b1b1&amp;color2=0xd0d0d0&amp;hl=en_US&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="500" height="300" src="http://www.youtube.com/v/2AAa0gd7ClM&amp;color1=0xb1b1b1&amp;color2=0xd0d0d0&amp;hl=en_US&amp;feature=player_embedded&amp;fs=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p style="text-align: center;">Available to view on <a href="http://www.youtube.com/watch?v=2AAa0gd7ClM&amp;feature=player_embedded">YouTube here</a>.</p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/the-earth-bleeds-out/' rel='bookmark' title='Permanent Link: The Earth Bleeds Out'>The Earth Bleeds Out</a></li>
<li><a href='http://steadystaterevolution.org/information-deformation/' rel='bookmark' title='Permanent Link: Information Deformation'>Information Deformation</a></li>
<li><a href='http://steadystaterevolution.org/four-years-go/' rel='bookmark' title='Permanent Link: Four Years. Go.'>Four Years. Go.</a></li>
</ol></p>]]></content:encoded>
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		<title>Steady State Cyclist Tours Canada</title>
		<link>http://steadystaterevolution.org/steady-state-cyclist-tours-canada/</link>
		<comments>http://steadystaterevolution.org/steady-state-cyclist-tours-canada/#comments</comments>
		<pubDate>Sat, 12 Jun 2010 14:00:25 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Growth Alternatives]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Steady State Economy]]></category>
		<category><![CDATA[bicycling]]></category>
		<category><![CDATA[Steady State Attributes]]></category>
		<category><![CDATA[steady-stater]]></category>
		<category><![CDATA[sustainable economy]]></category>
		<category><![CDATA[Transition to a Steady State]]></category>

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		<description><![CDATA[I&#8217;ve been biking to work more and it got me thinking of bike touring &#8211; long distance traveling on a bike. I decided that I would make it a goal to do an extended bike tour next summer (the Seattle to Portland Classic plus three more days down the coast and back) to prepare me [...]]]></description>
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<p>I&#8217;ve been biking to work more and it got me thinking of bike touring &#8211; long distance traveling on a bike. I decided that I would make it a goal to do an extended bike tour next summer (the <a href="http://cascade.org/EandR/stp/index.cfm">Seattle to Portland Classic</a> plus three more days <a href="http://maps.google.com/maps?f=d&amp;source=s_d&amp;saddr=seattle,+wa&amp;daddr=centralia,+wa+to:portland,+or+to:tillamook,+or+to:newport,+or+to:florence,+or+to:eugene,+or&amp;hl=en&amp;geocode=&amp;mra=ls&amp;dirflg=b&amp;sll=47.60621,-122.332071&amp;sspn=0.475915,1.174164&amp;ie=UTF8&amp;ll=45.943511,-122.431641&amp;spn=3.926772,9.393311&amp;z=7&amp;lci=bike">down the coast and back</a>) to prepare me for the ultimate goal of a <a href="http://www.bikemap.net/route/534590">cross country bike trip</a>.</p>
<p>No sooner did I start thinking of the practicality of this journey and deciding I should use it as an opportunity to promote the steady state economy, as well as hopefully pick up some sponsors (maybe a brewery or two?), than I get an email about <a href="http://steadystatecyclist.wordpress.com/">Jordan&#8217;s cross-Canada journey</a> promoting the steady state economy!</p>
<p>You can hear more about his trip at <a href="http://steadystatecyclist.wordpress.com/">his blog</a>, but I&#8217;ll be sure to talk about it along the way as well. What an truly exciting trip! This is taken directly from the press release: (links and emphasis added)</p>
<blockquote><p>Riding a bike is all about balance.  The same is true of a world economy that can endure, one that is more than a series of bubbles-and-pops.  Jordan Poppenk will bring those two concepts together in a cross-Canada cycling tour to raise awareness about the concept of the steady state economy.</p>
<p>The world’s financial authorities are preparing to meet in Toronto to discuss how to get the global economy growing again. But Jordan Poppenk wants them to talk about how to <em>stop </em>the world economy from growing again, and he’s cycling across Canada to get their attention.</p>
<p>Poppenk is a Ph.D. candidate at the University of Toronto and an environmental journalist. He wants Canadians to know about new ideas emerging from the world’s economics departments, how they mesh with modern ecological challenges, and why it’s essential we rethink the current program of boosting GDP every year. <strong>He’s cycling 6,500 km to help get the idea out there.</strong></p>
<p>A steady state economy aims for <a href="http://steadystaterevolution.org/carrying-capacity-reached-the-need-for-population-stability/">stable population</a> and stable consumption of energy and materials at sustainable levels. Such an economy favors <a href="http://steadystaterevolution.org/development-vs-growth/">development</a> (getting better) rather than <a href="http://steadystaterevolution.org/uneconomic-growth/">growth</a> (getting bigger).</p>
<p>“The steady state concept is about reaching some balance with what nature can provide, and within those limits, we can have a very vibrant, exciting and worthwhile economy,” says Peter Victor, an ecological economist at York University.  Dr. Victor’s model of the Canadian economy demonstrates how <strong>the nation can prosper with a steady state economy</strong>, as documented in his book, <em><a href="http://www.managingwithoutgrowth.com/Home_MWG.html">Managing Without Growth</a></em>.</p>
<p>Poppenk adds, “Whether or not you believe in human-induced climate change, other signs of the severe strain on ecosystems from our already overwhelming economic activity are everywhere. Growth is not helping most people anyway; <strong>Canada’s economic output has doubled since 1982, but 80% of Canadians have seen no improvement in their inflation-adjusted incomes</strong>.”</p>
<p>Poppenk is teaming up with the <a href="http://steadystate.org">Center for the Advancement of the Steady State Economy</a> (CASSE) to communicate how a steady state economy could be desirable and to spark discussion about transitioning from growth to sustainability. <strong>He departs from Vancouver today</strong> and he hopes to reach Halifax on September 1.</p></blockquote>
<p>Information, updates and photographic materials are available on Poppenk’s blog: <a href="http://steadystatecyclist.wordpress.com">Steady State Cyclist</a>.</p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/the-steady-state-economy-conference-2010/' rel='bookmark' title='Permanent Link: The Steady State Economy Conference 2010'>The Steady State Economy Conference 2010</a></li>
<li><a href='http://steadystaterevolution.org/steady-state-economy-an-overview/' rel='bookmark' title='Permanent Link: Steady State Economy: An Overview'>Steady State Economy: An Overview</a></li>
<li><a href='http://steadystaterevolution.org/top-ten-steady-state-posts-of-2009/' rel='bookmark' title='Permanent Link: Top Ten Steady State Posts of 2009'>Top Ten Steady State Posts of 2009</a></li>
</ol></p>]]></content:encoded>
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		<title>Ethical Banking Systems</title>
		<link>http://steadystaterevolution.org/ethical-banking-systems/</link>
		<comments>http://steadystaterevolution.org/ethical-banking-systems/#comments</comments>
		<pubDate>Wed, 09 Jun 2010 16:35:43 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Politics & Public Policy]]></category>
		<category><![CDATA[Steady State Economy]]></category>
		<category><![CDATA[david korten]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[fair distribution]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[wealth]]></category>

		<guid isPermaLink="false">http://steadystaterevolution.org/?p=1398</guid>
		<description><![CDATA[Our money is loaned into existence and then must be paid back, plus interest. This interest can only come by earning (taking) money from other loans in the system, thereby installing inherit competition and scarcity in our society. Could you imagine a society in which we didn&#8217;t have to compete for a scarce amount of funds? [...]]]></description>
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			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fsteadystaterevolution.org%2Fethical-banking-systems%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fsteadystaterevolution.org%2Fethical-banking-systems%2F&amp;source=steadystater&amp;style=normal&amp;service=bit.ly&amp;hashtags=david+korten,debt,fair+distribution,growth,money,policy,wealth" height="61" width="50" /><br />
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<div id="attachment_3067" class="wp-caption alignright" style="width: 210px"><a href="http://www.flickr.com/photos/alancleaver/2638883650/"><img class="size-full wp-image-3067 " title="piggybank" src="http://steadystaterevolution.org/wp-content/uploads/2010/02/piggybank.jpg" alt="" width="200" height="300" /></a><p class="wp-caption-text">Banks should protect our money, not fleece us for their profit</p></div>
<p>Our money is <a href="http://steadystaterevolution.org/the-creation-of-money-and-illusion-of-wealth/">loaned into existence</a> and then must be paid back, plus interest. This interest can only come by earning (taking) <a href="http://steadystaterevolution.org/the-money-fix/">money from other loans in the system</a>, thereby installing inherit competition and scarcity in our society. Could you imagine a society in which we didn&#8217;t have to compete for a scarce amount of funds? How could this alter our communities or the way we treat each other?</p>
<p>An ethical banking system is one that upholds the value of the people who use it. Instead of a institution that values only profit, an ethical bank would value the people that support it. This really shouldn&#8217;t be too crazy of an idea, but our banks today do everything in their power to leverage greater profits. The recent economic crash being a prime example. We should support and create banks that support our societal and economic well being, not their CEO bonus checks.</p>
<h3><strong>The Reason We Need It</strong></h3>
<p>It seems like second nature to me that systems we create as a society should function with the ethics we value, but there is obvious room for improvement. When a lot of our organizations and industries started the room for growth seemed limitless, so it was much easier to gain advantage in the market and grow without sacrificing ethics. Like many things in this era, we&#8217;ve run out of that room and the only way to make a higher market share this year and next year is to start finding ethically gray (or black areas) for expansion (e.g. <a href="http://motherjones.com/kevin-drum/2010/05/understanding-end-user-exemption-0">derivatives</a>).</p>
<p><strong>Paper exchanging for paper is now <a href="http://www.theoildrum.com/node/4899">20 times greater</a> than exchanges of paper for real commodities</strong>. This distortion of value from real wealth to phantom wealth encourages a financially dependent system, driving up debt and down real value. Eventually those <a href="http://steadystate.org/money-is-a-cow/">claims on wealth</a> will be exchanged for actual wealth &#8211; even if there are no longer enough. An ethical banking system supports a more realistic approach to real wealth and the money that represents it &#8211; as well as environmental concerns with investment and social justice.</p>
<p>An Ethical Banking System is one that encourages stable and equal amounts of material wealth. If you haven&#8217;t clued into it yet, our current banking organizations do not function in an ethical way. Our banking system encourages <a href="http://www.brillig.com/debt_clock/">debt</a>, competition, <a href="http://steadystaterevolution.org/growth-isnt-possible/">scarcity</a>, and <a href="http://steadystaterevolution.org/fair-distribution-part-1-ending-the-wealth-gap/">unequal distributions of wealth</a>. What if we created a bank in line with our values? One that supported the people, community, and <a href="http://steadystaterevolution.org/the-new-economy-starts-here/">real wealth</a>?</p>
<p><span id="more-1398"></span></p>
<h3>An Ethical Banking System</h3>
<p>A society is created by every part within it, big or small. In a democratic country we are supposed to each have an equal power in deciding the way our nation functions. Governments are no longer meant to rule over us (as in medieval times), but instead aid us in our development &#8211; protect us from harm and ensure we have the <a href="http://blog.cleantechies.com/2010/04/30/book-review-prosperity-without-growth/">capability to flourish</a> (remember our pursuit of life, liberty, and happiness?).</p>
<p>Part of our capability to flourish is encouraged or hampered by our material wealth (<a href="http://postgrowth.org/bernanke-on-happiness/">part</a>, <a href="http://en.wikipedia.org/wiki/Maslow%27s_hierarchy_of_needs">not all</a>). If our society decides to give each of us the means to have more material wealth than necessary than we should each be able to flourish in this aspect of our lives with room to spare. If our society decides to create less than we need, or go a step further and saddle us with debt, then our ability to flourish is hampered. Obviously the Goldilocks spot is the desired goal.</p>
<p>Here are <a href="http://www.bicusa.org/en/Article.11053.aspx">Herman Daly&#8217;s recommendations</a> for creating more realistic banking, wealth, and monetary systems:</p>
<ol>
<li><a href="http://steadystaterevolution.org/maximum-wages/"><strong>Limit the range of inequality in income distribution</strong></a>—a minimum income and a maximum income. Without aggregate growth poverty reduction requires redistribution. Complete equality is unfair; unlimited inequality is unfair. Seek fair limits to inequality.</li>
<li><a href="http://steadystaterevolution.org/nothing-grows-forever/"><strong>Free up the length</strong></a><strong> of </strong><a href="http://steadystaterevolution.org/work-and-leisure-in-a-steady-state-economy/"><strong>the working day</strong></a><strong>, week, and year</strong>—allow greater option for leisure or personal work. Full-time external employment for all is hard to provide without growth.</li>
<li><a href="http://steadystaterevolution.org/the-robin-hood-tax/"><strong>Re-regulate international commerce</strong></a>—move away from free trade, free capital mobility and globalization, adopt compensating tariffs to protect efficient national policies of cost internalization from standards-lowering competition from other countries.</li>
<li><strong>Downgrade the IMF-WB-WTO</strong> to something like Keynes’ plan for a multilateral payments clearing union, charging penalty rates on surplus as well as deficit balances—seek balance on current account, avoid large capital transfers and foreign debts.</li>
<li><strong>Move to 100% reserve requirements</strong> instead of fractional reserve banking. Put control of money supply and seigniorage in hands of the government rather than private banks.</li>
</ol>
<h3>Common Good Finance</h3>
<p style="text-align: left;">And here is another great idea, there are <a href="http://www.yesmagazine.org/issues/the-new-economy/small-banks-radical-vision">many different types</a> of <a href="http://www.themoneyfix.org/content/currency-practitioners-0">alternative banking systems</a>, I like <a href="http://www.yesmagazine.org/multimedia/yes-video/common-good-finance/">this one</a>:</p>
<p style="text-align: center;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="500" height="301" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowScriptAccess" value="always" /><param name="src" value="http://www.youtube.com/v/bnALPqhpSX4&amp;color1=0xb1b1b1&amp;color2=0xd0d0d0&amp;hl=en_US&amp;feature=player_embedded&amp;fs=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="500" height="301" src="http://www.youtube.com/v/bnALPqhpSX4&amp;color1=0xb1b1b1&amp;color2=0xd0d0d0&amp;hl=en_US&amp;feature=player_embedded&amp;fs=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p style="text-align: center;">(For my feed readers who can&#8217;t view this video it is available <a href="http://www.yesmagazine.org/multimedia/yes-video/common-good-finance/">here</a>)</p>
<p style="text-align: left;">What do you think? Do you have any recommendations for a more realistic banking and monetary system?</p>
<p style="text-align: left;"><em>Image Credit: </em><a href="http://www.flickr.com/photos/alancleaver/2638883650/"><em>Flickr Creative Commons</em></a></p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/fair-distribution-ending-the-wealth-gap/' rel='bookmark' title='Permanent Link: Fair Distribution: Ending the Wealth Gap'>Fair Distribution: Ending the Wealth Gap</a></li>
<li><a href='http://steadystaterevolution.org/the-creation-of-money-and-illusion-of-wealth/' rel='bookmark' title='Permanent Link: The Creation of Money And Illusion of Wealth'>The Creation of Money And Illusion of Wealth</a></li>
<li><a href='http://steadystaterevolution.org/citizen-or-consumer-a-year-in-reflection/' rel='bookmark' title='Permanent Link: Citizen or Consumer? A Year in Reflection'>Citizen or Consumer? A Year in Reflection</a></li>
</ol></p>]]></content:encoded>
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		<title>Points of Progress</title>
		<link>http://steadystaterevolution.org/points-of-progress-3/</link>
		<comments>http://steadystaterevolution.org/points-of-progress-3/#comments</comments>
		<pubDate>Sat, 29 May 2010 16:36:50 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Politics & Public Policy]]></category>
		<category><![CDATA[points of progress]]></category>

		<guid isPermaLink="false">http://steadystaterevolution.org/?p=2987</guid>
		<description><![CDATA[This semi-regular report includes things happening in our world, policies, articles and practices in-line with the steady state economy or transitioning to it, that are worth some time to read about -  the good news, the promising results. They are all exciting things happening I just don’t have time to post about each in-depth. Here are [...]]]></description>
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<p>This semi-regular report includes things happening in our world, policies, articles and practices in-line with the steady state economy or transitioning to it, that are worth some time to read about -  the good news, the promising results. They are all exciting things happening I just don’t have time to post about each in-depth.</p>
<p>Here are some cool things happening in the world:</p>
<h3 style="padding-left: 30px;"><a href="http://postgrowth.org/plenitude-the-new-economics-of-true-wealth/">Plenitude: The Economics of True Wealth</a></h3>
<p style="padding-left: 30px;"><a href="http://www2.bc.edu/%7Eschorj/">Juliet Schor</a> is a co-founder of the <a href="http://newdream.org/">Center for a New American Dream</a> and a <a href="http://www.indiebound.org/search/apachesolr_search/field_contributor_name:Juliet+B.++Schor">well-resumed author</a>. She has partnered in the past with the likes of <a href="http://www.sd-commission.org.uk/pages/tim-jackson.html">Tim Jackson</a> and <a href="http://www.billmckibben.com/">Bill McKibben</a> on various tasks. A personable, well-spoken women from <a href="http://www.bc.edu/">Boston College</a>, Juliet has a new vision for the economy: <strong>plenitude</strong>. Her new book, <a href="http://www.indiebound.org/book/9781594202544?aff=steadystater"><em>Plenitude: The Economics of True Wealth</em></a>, attempts to answer an important question: How do we create a society that provides prosperity to us all without relying on continued economic expansion?</p>
<p style="padding-left: 30px;"><em>Plenitude</em> offers not only a great argument against economic growth as we’ve known it, but a vision for a rethinking productivity and innovation for our future. It is uses an integrated approach to set out a vision to work on all these fronts to see a new way of living that is low-footprint and puts people back to work that creates new forms of wealth and well-being. Read <a href="http://postgrowth.org/plenitude-the-new-economics-of-true-wealth/">my article on Post Growth</a> and check out the video of her recent talk at <a href="http://www.townhallseattle.org/">Town Hall Seattle</a> on <a href="http://vimeo.com/12034640">Vimeo here</a>.</p>
<h3 style="padding-left: 30px;"><a href="http://climateprogress.org/2010/05/28/kill-spill-pass-bill/">The Gulf Oil Spill</a></h3>
<p style="padding-left: 30px;">As odd as it sounds, I think the gigantic BP oil spill in the gulf is acting as a wake up call to many: this is the future of fossil fuels. It&#8217;s only going to get harder and more dangerous. Meanwhile, the largest fishery in the US is being destroyed in the pursuit of a unsustainable fuel source. Hopefully this will open our eyes to the fact that <a href="http://climateprogress.org/2010/05/29/obama-bp%E2%80%99s-interests-may-not-be-aligned-with-the-public-interest/">BP really doesn&#8217;t have our interests in mind</a>, only its profits. That is what corporations do: go for profits, not for people.</p>
<p style="padding-left: 30px;">Read Scott&#8217;s recent <a href="http://postgrowth.org/on-a-knife-edge/">article about this on Post Growth</a>.</p>
<h3 style="padding-left: 30px;"><a href="http://neweconomics.org/publications/the-great-tax-parachute">The Great Tax Parachute</a></h3>
<p style="padding-left: 30px;">Its hard for me to keep up with all the amazing things coming out of the <a href="http://neweconomics.org">new economics foundation</a> (nef). <a href="http://neweconomics.org/publications/the-great-tax-parachute">This report</a> was released late last month after lots of news that the UK government (as well as others during this time of economic hardship) announced cuts in programs and government employment will be necessary. However, as nef outlines, there are many <a href="http://www.eoearth.org/article/Herman_Daly_Festschrift:_Restructuring_taxes_to_create_an_honest_market">progressive taxes</a> we can introduce that can balance the budget and keep those programs.</p>
<p style="padding-left: 30px;">This proposal is in-line with one of the coming shifts: <a href="http://www.eoearth.org/article/Herman_Daly_Festschrift:_Restructuring_taxes_to_create_an_honest_market">the great tax shift</a> (working on a post about this, actually). In order to create a sustainable society we must <a href="http://climateprogress.org/2010/05/28/why-do-we-give-oil-companies-such-large-subsidies/">stop subsidizing fossil fuels</a> and intensive, destructive farming but instead tax resource extraction and pollution and institute <a href="http://whatmatters.mckinseydigital.com/climate_change/subsidize-alternative-energy-now">new subsidies on renewable energy</a>.</p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/points-of-progress-2/' rel='bookmark' title='Permanent Link: Points of Progress'>Points of Progress</a></li>
<li><a href='http://steadystaterevolution.org/points-of-progress/' rel='bookmark' title='Permanent Link: Points of Progress'>Points of Progress</a></li>
<li><a href='http://steadystaterevolution.org/points-of-progress-4/' rel='bookmark' title='Permanent Link: Points of Progress'>Points of Progress</a></li>
</ol></p>]]></content:encoded>
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		<title>Four Years. Go.</title>
		<link>http://steadystaterevolution.org/four-years-go/</link>
		<comments>http://steadystaterevolution.org/four-years-go/#comments</comments>
		<pubDate>Fri, 14 May 2010 14:00:57 +0000</pubDate>
		<dc:creator>Joshua</dc:creator>
				<category><![CDATA[Environment]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[climate change]]></category>

		<guid isPermaLink="false">http://steadystaterevolution.org/?p=2975</guid>
		<description><![CDATA[We have four years to set how the quality of life will be for the 1000 years on this planet. These next few years represent the most pivotal in the history of humankind. We have significantly altered the face of our planet and it is coming down to the wire: we only have a short time before [...]]]></description>
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<p>We have four years to set how the quality of life will be for the 1000 years on this planet. These next few years represent the most pivotal in the history of humankind. We have significantly altered the face of our planet and it is coming down to the wire: we only have a short time before our actions will have either set in motion huge, destructive environmental changes or alter the face of human society to live within the means our planet provides us.</p>
<p>The <a href="http://www.fouryearsgo.org">Four Years. Go.</a> campaign is a new way of &#8220;inciting a movement,&#8221; present initially by a core group of four organizations. However, they note that this is a global issue and once enough funding is raised the campaign will expand to include a more global group of organizations. As they website says,</p>
<blockquote><p>&#8220;There is no plan, at least no &#8216;master plan&#8217;, managed from the top.</p>
<p>The path, instead, will be to foster a self-organizing, emerging open-space of collaboration and creativity among individuals, NGOs, companies and communities.</p>
<p>The idea is to incite a movement.  And, for that movement to catalyze a newly vibrant world of wildly diverse and inspired initiatives to co-create a transformed human future.</p>
<p>However, so that we don’t rely on self-organization alone, <strong>FOUR YEARS. GO.</strong>does plan to provide tools and resources that will genuinely empower an authentic global conversation and catalyze the prevailing sense of urgency into creative, effective action.&#8221;</p></blockquote>
<p>Watch <a href="http://www.youtube.com/fouryearsgo">their great video</a> that aims to help inspire movement on this front:</p>
<p style="text-align: center;"><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="500" height="301" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/B_6iTCo5Ci8&amp;hl=en_US&amp;fs=1&amp;" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="500" height="301" src="http://www.youtube.com/v/B_6iTCo5Ci8&amp;hl=en_US&amp;fs=1&amp;" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p style="text-align: left;">The video is available for <a href="http://d2154dnjzuc1lx.cloudfront.net/videos/download/FOURYEARSGO.mov">download</a> and <a href="http://www.youtube.com/fouryearsgo">on YouTube</a>. Check out the campaign site <a href="http://www.fouryearsgo.org/">here</a>.</p>


<p>Related posts:<ol><li><a href='http://steadystaterevolution.org/beyond-talk-climate-action-now/' rel='bookmark' title='Permanent Link: Beyond Talk: Climate Action Now'>Beyond Talk: Climate Action Now</a></li>
<li><a href='http://steadystaterevolution.org/bp-coffee-spill/' rel='bookmark' title='Permanent Link: BP Coffee Spill'>BP Coffee Spill</a></li>
<li><a href='http://steadystaterevolution.org/climate-change-follow-up-wake-up/' rel='bookmark' title='Permanent Link: Climate Change Follow-Up: Wake Up!'>Climate Change Follow-Up: Wake Up!</a></li>
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