Financial democracy requires bypassing large unaccountable institutions and reconnecting people to the reality of their money — by producing it ourselves – Published on ROARMAG.org, by Brett Scott, December 11, 2013.
In 2012, in celebration of Elizabeth II’s Diamond Jubilee, I suggested that we securitize the Queen, using her as collateral for UK government borrowing. I thought she would support this modest proposal because royalty have long been financial innovators. Indeed, what were the old medieval armies but a blunt financial instrument? Monarchs invested resources into them in order to extract dividends from conquered peoples who did not want to be bludgeoned to death … // Continuer la lecture de « Are we witnessing an open source finance revolution? »