Comments on: Agenda for a New Economy: From Phantom Wealth to Real Wealth ~By David C. Korten

By: P.L.

P.L. — Tue, 19 Jan 2010 00:12:47 +0000

BBC documentary in episode 4 has ideas that are consistent with neoliberal libertarian ideas of Milton Friedman, who opposes keynesianism. You may like to dig out what is keynesianism too.

Canadian journalist Naomi Klein did some research and encouraged to question Friedman’s ideas and economical ideology, because of the disastrous long term results of the implementation of Friedman’s ideas. This video shows an alternate perspective.

Naomi Klein – The Shock Doctrine
http://www.youtube.com/watch?v=Ka3Pb_StJn4

Confused? Too many contradictory ideas from different authors?

When we talk about economy, you may wonder if the economic system system should serve people, or if people should serve the economy. Perhaps this is the key point of debate.

By: P.L.

P.L. — Mon, 18 Jan 2010 21:42:21 +0000

By: P.L.

P.L. — Fri, 15 Jan 2010 21:32:37 +0000

Tell him to go to Costa Rica, rent a cheap home and register before Caja Costaricance de Seguro Social (CCSS) which is equivalent of british NHS. It provides a “seguro voluntario” (voluntary insurance) as independent worker, where you pay (monthly) a percentage of your income (about 15% last time I knew) an you may use government health services as much as you need. You need to live in Costa Rica to applly. It covers most of problems, except for some very complex surgery cases.

The good thing is that once you pay, you do not need to worry about money. Perhaps the only thing that you may like to take care is the initial paperwork.

Living in Costa Rica takes a few hundred dollars.
Renting a small appartment with 2 rooms: $200
Weekly vegetables at farmers fair (feria del agricultor): $51
…so you have an idea.
With $1000 a month he’d be fine making a decent living.

————
Paul Krugman, Nobel prize writes…

Bankers Without a Clue
http://www.nytimes.com/2010/01/15/opinion/15krugman.html

By: Patricia

Patricia — Fri, 15 Jan 2010 21:00:49 +0000

P.L.
More good things to read and discover – thank you..
Life is filling up the spaces right now of my time….my eldest brother is ill – I am it as far as support team…so will be a bit slower responding and exploring until I figure out what I need to do.
.-= Patricia´s last blog ..Book Review: Born to Run ~ Christopher McDougall =-.

By: P.L.

P.L. — Thu, 14 Jan 2010 17:32:09 +0000

Bankers knew what was happening, they did a bet and won.
The factory of money that produces nothing has money that is not “collateralized” (ghost wealth), so financial maneuvers are aimed at transferring ghost money to others and turn ghost money into real assets, while others suffer the loss.

Sadly, bankers do not acknowledge any faulty behavior.

Wall St. Ethos Under Scrutiny at Hearing
http://www.nytimes.com/2010/01/14/business/14sorkin.html?ref=business

Banks Bundled Bad Debt, Bet Against It and Won
http://www.nytimes.com/2009/12/24/business/24trading.html

Bankers in Their Own Words
http://www.nytimes.com/interactive/2010/01/14/business/20100114-PANEL.html

By: Move Your Money: Vote and Build Your Community | The Biking Architect

Move Your Money: Vote and Build Your Community | The Biking Architect — Thu, 14 Jan 2010 09:12:39 +0000

[...] is also a suggestion made by David Korten in his book Agenda for a New Economy. It is a noteworthy action because it certainly is a move that has assisted us in building our [...]

By: Patricia

Patricia — Wed, 13 Jan 2010 23:27:46 +0000

I also enjoyed hearing some more of your story – Thank you
.-= Patricia´s last blog ..Move Your Money: Vote and Build Your Community =-.

By: Patricia

Patricia — Wed, 13 Jan 2010 23:26:30 +0000

P.L.
I have been following the financial testimony on the internet the last two days – very, very worrisome stuff …an apology? I am attempting to take action by writing the MOVE YOUR MONEY post…maybe 15 will be inspired to do that and then there will be change… cry or laugh….I work at always picking laugh.

I saw the episode 4 also….I thought it was weak…Do you know of YES magazine that Korten’s wife is the editor… and have you read the SHOCK DOCTRINE by Naomi Klein…an historic understanding of how all this weird finance came about…

Getting out of the “banks too big to fail” seems like a good vote
.-= Patricia´s last blog ..Move Your Money: Vote and Build Your Community =-.

By: P.L.

P.L. — Wed, 13 Jan 2010 22:13:11 +0000

About BBC links, you may find that I did not refer to episode 4. The presenter is good for criticizing, but not so good for advocating. In episode 4 he defends an insurance system in Chile that failed in US. The supposed bankruptcy of the japanese system is not caused by the fact that it is run by government, but because of demographic changes, as population are getting older, so less working people are paying so elders may be paid. In this episode 4 he blew it up.

By: P.L.

P.L. — Wed, 13 Jan 2010 21:56:30 +0000

Our human mission is always on your own. Sometimes you do not suspect the effect of a small action in the future.

When I was a teen I attended a writing workshop, led by the disciple of a famous writer. The writer died years ago and the disciple was an old man with lots of editorial experience on his own. The workshop was for free, and this was a place where I could learn to play with words, and I realized about the gift, just like those who attended it with me. When the man died, we continued our volunteer work in many areas of life.

A few continued with the workshop. I did some other efforts in other fields, volunteer work, on my own.

Once I led a workshop about making comics in a poor community that was very promt to crime. I started with 150 people and ended with 15 because poor people are not persistent. You could say it was “failure”, but no. Now you have 15 artists who will not be criminals, because they will be making comics instead of mugging people. And I was only one student in the writer’s workshop.

So one person volunteered to help 15. Who knows how many people will benefit in the future from those 15 kids interest for arts.

Never be discouraged. Making dreams come true is 1% inspiration, 99% transpiration.