The capitalist system has the potential to adapt swiftly to lower its costs while maintaining profits. This article explains how the system can change to enhance productivity. For example, it can halve housing costs while freeing up Capital to address some of humanity's existential threats. A quick book-keeping change will…

Throughout history, humans have thrived from moving from Generalised Reciprocity to Balanced Reciprocity. However, the invention of money led to a shift towards Negative Reciprocity. Unfortunately, today's neoliberal economic policies have accelerated Institutionalised Negative Reciprocity and will lead to the extinction of humanity. To see the meaning of these forms…

In today's world, electricity and money are shared resources, yet our current exchange system treats them as commodities to be bought and sold to the highest bidder. As individuals, we own our solar panels and have money in our bank accounts. If we have excess electricity, we may permit someone…

Social learning is to ideas what natural selection is to genes. Both are ways of picking out good solutions from a sea of variety. Mark Pagel — Wired for Culture. With culturally appropriate capital allocation rules, Community Capital is the most productive way to invest. …

This article is a work in progress and will be updated with suggestions from readers as the author learns more from others about the approach. Please put up questions or comments to share the use of the approach in your community. It provides an alternative to raising capital for investment…

Geoff Davies, in “The Little Green (I’m afraid of) Economics …” describes why the financial system is not fit for purpose and inevitably leads to booms, busts, over-consumption, and the destruction of natural systems. The reason is that financial systems allow money to create more money with positive feedback loops…

“Regulation is the management of complex systems according to a set of rules and trends.” — Wikipedia The Policy Symposium 2023: Extinction thwarted? asked the question of whether extinction can be thwarted and offered solutions. Reducing wealth inequality can help reduce greenhouse gas emissions, and the following regulatory change alters…

The impending global warming catastrophe has highlighted the financial system's failure to channel funds towards solutions that address the crisis and reduce the use of fossil fuels. The main reason is the failure of the financial system to prioritise consumer and society interests over investors' profit. Investors want higher prices…

Introduction. In Australia, about $200 billion is spent annually on health care, and about $2 billion is spent on preventing illness. …