Is Money Itself a Ponzi Scheme?

Here’s an alternative view of economics that I heard in a talk, written up by Douglas Rushkoff. The most interesting point to me is this one:

Local currencies favored local transactions, and worked against the interests of large corporations working from far away. In order to secure their own position as well as that of their chartered monopolies, monarchs began to make local currencies illegal, and force locals to instead use “coin of the realm.” These centralized currencies worked the opposite way. [more]

Bill Clinton Accused of Violating Taboo

In a cogent if demoralizing screed, the World Climate Report quasi-blog (no comments allowed, please and thanks) argues (ignoring any contradiction with its other articles, but so what) that exceeding 2 C warming is unavoidable. You’ve heard it all before, of course, and in spite of everything I am afraid it’s basically more likely than not to be how things pan out. [more]