Thursday, May 21, 2015


There's been some (social) success in micro-loan systems in bailing out developing areas of the world, however, the macro-loan business run by the european central bank and the IMF and other neo-liberal agenda organisations is unacceptable.

Why don't we start a macro-loan potlatch?

Potlatch is a mutual system of gifts which bonds societies together - described in anthropology literature, it existed in particular in the Pacific North West of America between native tribes, and resulted in less war, as well as marriage exchanges (ok, so not necessarily all good) - this would fit the exact  same goal that the EU was created for, but without the complex burocracy and mission creep. Also, without the centralisation and mission creep/capture by capital - instead it would be a syndic. Norway could bootstrap it for Greece (but note, it would not be government or financial service agencies - it would be people-to-people, peer-to-peer)

I think such a mechanism could actually realize a techno-anarcho-syndicalist end-run on the whole neo-con/neo-liberal agenda - if you look at the disposable wealth one could offer, a set of a few million brits could, for example, extend a couple of trillion pounds quite easily. but it wouldn't be brit-to-portugal, but interest group to interest group....

needs some wiki-rules to prevent misbehaviour (but given how much the centralized banks and their alleged regulators like the FSA and the credit rating agencies completely screw up, a child of 3 could come up with something fairer and more stable...

time to invade everyware