It’s been a tough year for the world and a tough year at Chez Ian (cancer, housing issues, blah.) Personally, I’m just beginning to recover from cancer treatment, though some of it will be ongoing, and sucking, for another six to twelve months. China, deciding to the right thing (Zero Covid) stupid, is now releasing some restrictions and that’s going to go badly. Russia invaded Ukraine, ground forward and will likely wind up with less than it’d like and more than the West wanted.
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And that is why we need robot butlers BEFORE humans get replaced.
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There have been a few half-hearted attempts to do mutual credit, or business barter on a blockchain, but the only one that has cut any ice at all with me so far is Resource. Founder David Casey was a social entrepreneur experimenting with mutual credit long before venturing into blockchain and he has assembled a team which seems to be committed to honest finance rather than shilling shitcoins. The project is built on the Celo blockchain, which seems to have similar values, counting Charles Eisenstein's book Sacred Economics as an inspiration.
As always, if you find value in this work I do, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List! You can get it in your inbox or read it on Patreon, the content is the same. (And just in time for the holidays, gift subscriptions are now available.) Also, don’t forget to visit the TMW store for all of your holiday shopping needs (as long as they are extremely specific and limited)!
Each quarter, Patreon Plus supporters can ask Michael questions. Here is a transcript of the most recent one, just in time for our next Q&A this Thursday. Please support Michael’s work via his Patreon page. Karl Fitzgerald: Alright, let’s get into it. We’ve got lots of good questions. Welcome, everyone. My name is Karl Fitzgerald. Continue Reading
The post China the Change Agent – Patreon Q&A #3 first appeared on Michael Hudson.
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- by Michael J Warren
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