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In XE #53 we played a clip by Gar Alperovitz about the role of co-ops in a New Economy movement that's seeking as alternative to industrial capitalism. Gar has found that at least as many as 130 million Americans are members of a some type of co-op. Co-ops are owned and managed by the people who use their services and so it makes sense that they would have an incentive to restore production and economic activity to local communities. Now, co-ops in the US are beginning to follow...
[ Athens Streetscape in 2011] As more rural Greeks find themselves unable to afford heating oil, they are turning to the forests for fuel. From the Guardian: Things are getting desperate," says Chadziathanasiou, who clothed Greek celebrities before he moved to the countryside. "You hear all the time of people illegally clearing forests for firewood. It's horrible if you're a green like me." Because city life is no longer affordable for many in Greece, young professionals are leaving...
In XE #50 Robert Neuwirth told us the global informal economy (System D) was the 2nd largest economy in the world, valued at approximately $10 trillion each year and smaller than only the economy of the US. In a country like Pakistan, the informal sector is almost as large as the entire 'formal economy'. According to Pakistani officials,"our formal GDP is half our actual GDP." In 2012 climate change has taken center stage on the world scene with horrific droughts, wildfires...
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