London Global Table: 23rd January 2013

Wednesdays 12noon-2pm at the School of Economic Science, 11-13 Mandeville Place, W1U 3AJ. From Bond Street tube, turn left/west into Oxford Street, when you see GAP, go right/north along James Street straight into Mandeville Place – No. 11 is the building with pillars last on the left.

‘MATTERS IN THE AIR’ which participants could choose to develop…..

1. IMMEDIATE SUPPORT FOR ACTIVISTS

a] Reports please on a] ‘ACT – now’ – b] NWA or c] Runnymede Project, d] Positive Money e] MF’s mapping , – all working on effective alliances !!!

b] This is a revelation – someone in the IMF gets it. Not only is he talking about taxing economic rents but he recognises the necessity of fortifying the bargaining power of workers so that they get a bigger share of the cake.
http://www.youtube.com/watch?v=MELxBBPK2xc&feature=share

c] Future of CCMJ and the Table

d] Jubilee Centre’s Roadmap of Biblical economy – tabled

e] Compass has launched a new publication today: Plan B + 1. Released a year on from their original ground breaking Plan B document it confirms what most of us already know – austerity isn’t working. Critique welcomed !

2. EVIDENCE OF MOUNTING DANGERS and OPPORTUNITIES

a] A Well-being Manifesto for a Flourishing Society | the new economics foundation
www.neweconomics.org Should growing the economy be the Government’s most important role?

b] Denys Greenhow posted in Heterodox Economics – Denys Greenhow
Quote from Will Hutton in TheObserver today “I was stunned to read in a recent IMF working paper, with the hardly catchy title Income Inequality and Current Account Imbalances, that the whole – yes the whole – of the deterioration of the British current account balance between the early 1970s and 2007 could be explained by the rise in British inequality. It is a similar if less acute, story across the rest of the industrialised world. What the IMF team shows is that as the share of national income devoted to profits and top pay rises to its current levels, so a noxious economic dynamic is created. By definition, there is less of the pie available to the mass of wage earners, whose real wages become squeezed. To sustain their living standards they borrow, which has to be easier than ever over the last 40 years as banks take advantage of financial deregulation. Overall demand thus carries on growing, but at the price of sucking in imports and ever higher debt levels for ordinary wage earners” http://www.imf.org/external/pubs/ft/wp/2012/wp12.pdf

3. AREAS FOR DEEPER INVESTIGATION
a] Diarmuid O’Murchu’s work on ‘Reclaiming spirituality’ – an interview will be tabled..

b] http://p2pfoundation.net/Perezian_Framework_for_the_P2P_Techno-Economic_Paradigm Perezian Framework for the P2P Techno-Economic Paradigm – P2P Foundation
p2pfoundation.net * Paper: At the Turning Point of the Current Techno-Economic Paradigm: Commons-Based Peer Production…
c] The Trillion Dollar Coin: A Debt Solution for the People ELLEN BROWN | JAN 17, 2013
Far from being a gimmick, having the U.S. Treasury mint high-denomination coins is a solution that cuts to the root of America’s financial problems. And Benjamin Franklin would have liked it, too. MORE »

4. YOUR INPUT ON THE ‘MATTERS IN THE AIR’ YOU WISH TO SHARE
Name other interests you know

a] An exceptional sermon on the falsity of our mythic assumptions or mindsets by H. Valentine ‘Anti-Ephiphany’ http://www.st-james-piccadilly.org/sermons/VALENTINE%20Hugh%20Anti-epiphany%20Feast%20of%20the%20Epiphany%206.1.2013.pdf

c] Major Course at Schumacher College May 2013 http://www.schumachercollege.org.uk/courses/holistic-science-and-leadership-transforming-organisational-practice-in-an-age-of-uncertainty

d] Michel Bauwens recommends a very important book: Summary etc. http://p2pfoundation.net/End_of_the_Market

e] The Free World Charter http://www.freeworldcharter.org Let’s make everything free (info available in 23 languages)

Always glad, indeed eager, to have responses from the Table’s extensive network

Yours
Peter
THE SPIRITUALITY APPEALING TO SEEKERS TODAY EMBODIES GLOBAL,
INCLUSIVE, CO-OPERATIVE, EGALITARIAN, AND FEMININE VALUES.

THE COMMONS — a vehicle for meeting everyone’s basic needs in a roughly equitable way — is being annexed and disassembled to serve a global a market machine which treats nature as a brute commodity. Commoners become isolated individuals. Communities of commoners are splintered and reconstituted as armies of consumers and employees. The “unowned” resources of the commons are converted into the raw fodder for market production and sale — and after every last drop of it has been monetized, the inevitable wastes of the market are dumped back into the commons. Government is dispatched to “mop up” the “externalities,” a task that is only irregularly fulfilled because it is so ancillary to neoliberal priorities. from ‘The Wealth of the Commons’