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The Narrow Bridge: The Jobless Millennials
" Young people are learning to cultivate other values outside of work, and to take risks to seek work that meets their values. All that time we're spending inventing and building social networks and new ways of communicating with each other will translate into social capital and will serve us to build a society that doesn't depend on income to buy happiness. We will increasingly turn to each other to get what we need and to make what we want.
Yes, we still need to figure out better ways to get people health care and housing and education. The legacy problems of an economy in decline are not going away any time soon."
Yes, we still need to figure out better ways to get people health care and housing and education. The legacy problems of an economy in decline are not going away any time soon."
Money 3.0
Chris Cook
Community Currency Guide by Bernard Lietaer and Gwendolyn Hallsmith
Community Currency Guide
by Bernard Lietaer and Gwendolyn Hallsmith
The Great Transformation - Wikipedia, the free encyclopedia
Polanyi makes the distinction between markets as an auxiliary tool for ease of exchange of goods and Market Societies. Market Societies are those where markets are the paramount institution for the exchange of goods through price mechanisms. Polanyi argues that there are three general types of economic systems that existed before the rise of a society based on a free market economy: Redistributive, Reciprocity and Householding.
Redistributive: Trade and production is focused to a central entity such as a tribal leader or feudal lord and then redistributed to members of their society.
Reciprocity: The exchange of goods is based on reciprocal exchanges between social entities. On a macro level this would include the production of goods to gift to other groups.
Householding: Economies where production is centered around individual household production. Family units produce food, textile goods, and tools for their own consumption.


