Tag Archives: occupylfs

Popular savvy about finance – more than just money

Screenshot from 2014-02-25 11:28:49


Geoffrey Ingham, a Life Fellow of Christ’s College, Cambridge has weighed into openDemocracy’s Just Money debate with a worthwhile article called: “Whose money is it?” He talks about how money is created and the way that relates to power.

The piece is part of a wider series run by OurKingdom to mark the publication of Ann Pettifor’s e-book, Just Money: How Society Can Break the Despotic Power of Finance. I’ll certainly check that out.

The series explores the nature of money and the politics of the financial system.

I tried to post a comment before getting tied up in knots with the site password system.

Rather than abandoning it, I’m putting it here instead.

Good piece – I totally agree that, like it or not, we have as individuals to wrestle with ideas of how money is created and this article helps in that process. It is essential for people to get to grips with this in order to give needed context to wider societal questions of both poverty and environmental despoilation. I would also recommend the work of Positive Money UK (http://www.positivemoney.org/)

The author did not touch on the aspect of our money-creation system that is even more problematic for all living beings – which is how it acts as a motor for wrecking the planet for all its inhabitants. Debt-based money demands interest repayments alongside the principal, which means we must all perpetually consume or face economic collapse.

Yet if the economic system doesn’t collapse, or we don’t manage to transform it – along with the existing money-creation system at its core – we will face a far more problematic collapse of the eco-system itself. Nature doesn’t do compound growth except as cancer, epidemic or plague. We need a money system with that reality embedded inside it.

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Indy media legacy documents Genoa G8 police violence


Carlo Augusto Bachschmidt, director of the documentary Black Block, explains how work by independent media helped piece together the story of unprovoked Italian police violence at the G8 2001 summit meeting in Genoa. (Italian with English interpretation).

His film features powerful testimonies by some of the dozens of activists who were savagely beaten by Italian police during a raid on the Diaz school at the G8 meeting. Lena, Niels, Chabi, Mina, Dan, Michael, and Muli recount in painful detail how they went from demonstrating in the streets to what they thought was a safe shelter for the night — the Diaz school on the outskirts of the northern Italian city of Genoa.

Each describes what they experienced that night and in the days that followed. Despite their trauma, the survivors have continued with their activism, in addition to suing the Italian police through the courts.

Bachschmidt says video and still images gathered by independent journalists in Genoa meant the facts of police brutality reached a wider public, painting a far more accurate picture of events than portrayed by the authorities or conventional media.

I did the interview with fellow independent journalist Glenn McMahon as part of visionOntv’s coverage of the Human Rights Watch Festival 2012 in London. He used an iPhone and iRig mic to shoot a no-edit video interview based on the visionOntv mobile phone interview template.

The idea is to do short videos that can be rapidly uploaded to the internet with minimal hassle, vastly increasing the chances of making media that gets seen. Just the sort of thing needed for covering the likes of the Genoa G8.

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Bragg channels Guthrie into Occupy London

Learning how to do live TV interviewing with visionOntv is a laugh, you never know who might walk into their instant pop-up studios. I found myself interviewing the songwriter Billy Bragg this week down at the newly squatted Bank of Ideas, having dropped by to lend a hand.

Bragg is a veteran of political activism and song-writing, blending folk, punk and protest into his work over several decades. He recently reworked the lyrics to the classic “Which Side Are You On?”, a song written by Florence Reece in 1931, using ones inspired by Occupy London.

“Those who’ve been fighting for a fair and compassionate society in the 20th century feel that the wind is blowing our way now and we are very, very excited by what’s going on with the Occupy movement,” he said during a video interview at the newly squatted former offices of Swiss bank UBS.

He spoke after running a free song-writing workshop.

“What we are doing is Woody Guthrie’s work,” said Bragg, crediting the American singer-song writer as having inspired him and the work of a whole generation of other artists such as Joe Strummer of the Clash and Bob Dylan.

So what did I pick up about TV interviewing from all this? Sit still, don’t swing in your swivel chair, chill out and, most of all, switch off your damn mobile phone before the no-edit interview begins. All useful lessons learnt thanks to the fantastic platform and energy offered by the fine people of visionOntv. (The mobile phone incident is in the second featured video below)

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