Accidental Gods

Our western (Trauma Culture) economies run on two falsehoods - we might go so far as to call them lies.

The first is that economies have to grow to be 'successful'.  The second is that government spending is limited by the tax take.  That is, they need to take money in as taxes in order to spend it out into the economy.  Both of these are untrue, and understanding that they are untrue, and the political forces of ignorance and mendacity that keep them in place, is essential to our moving forward into a future that works. We cannot continue to maintain the death cult of predatory capitalism. We cannot continue with a Zombie economy that extracts, consumes, destroys and pollutes as if there were no consequences. 
So what do we do? Both ecological economics and Modern Monetary Theory have been around for a while.  Degrowth theory is more recent, but it's being taken more seriously. What I haven't seen up till now is a fusion of these: a set of policy ideas worked out in which we acknowledge how money actually works, and look at how a national -or global - economy could be structured to lead us forward into a world where people and planet flourish together. I don't think this is the final destination, but it's definitely a step on the way.

Our guest this week is someone particularly well positioned to answer these questions.  Colleen Schneider is a Doctoral student in Social-Ecological Economics & Policy in Vienna. Her key research areas: Ecological Economics, Environmental Justice, Monetary and Financial Systems in a Post-Growth Economy, Climate Policy.  She says, "I take a sociological and anthropological approach to understanding money as fundamentally a social relation. Money, and the monetary system (as with our economic system) are things we've created, and can create otherwise. I draw on historical examples to help understand how the institutional structure of the monetary system and our ideas about money came to be what they are, and to challenge those. [I seek to] de-naturalize money and point to ways to structure the monetary system as democratized, and (at least somewhat) localized -to realize money as a public good. I focus more specifically on how monetary and fiscal policy can be directed toward meeting human needs within environmental limits, while maintaining macroeconomic stability."

So this is the focus of today's conversation.  This is a field about which I am passionate - I absolutely believe that if everyone understood how money actually works in our current world, a lot of the power inequities that we currently experience would end.  We have endeavoured to minimise the use of jargon, though we did talk about monetary and fiscal policy and I wanted to make it clear that Monetary Policy is about keeping prices stable - about using interest rates to influence inflation, that kind of thing . Fiscal policy is about the spending decisions - do we have austerity or don't we, do we fund social goods or don't we, do we decide to pour money into the military, or don't we… and the nature of taxation - what rates do we levy, what are the bands and what loopholes do we leave wide open so our friends can escape paying taxes altogether - while everyone continues to pretend that government spending is limited by the tax take. Which is nonsense. Taxation is about levelling the playing field. It's not about paying for the NHS.

So there we go. Colleen spends her entire life working in this field, producing fascinating papers and a chapter in a forthcoming book that completely blew me away. So she speaks to these things far more eloquently and intelligently than I can.  Enjoy!

Colleen on LinkedIn


Colleen's papers:
How to Pay for Saving the World - https://www.sciencedirect.com/science/article/pii/S0921800923002318

Democratizing the Monetary Provisioning System - https://www.tandfonline.com/doi/full/10.1080/15487733.2024.2344305

On universal public services to end the cost of living crisis - https://www.newstatesman.com/spotlight/economic-growth/cost-of-living-crisis/2023/01/state-end-cost-of-living-crisis-climate-change


Papers by others:

The political response to Inflation: https://www.foreignaffairs.com/mexico/governments-survived-inflation


Workshops:
Public Money for Public Good: Why MMT Matters | Vienna
September 27th and 28th 
Gleis 21, Bloch-Bauer-Promenade 22, 1100 Wien, Austria
https://events.humanitix.com/public-money-mmt-vienna
 
Public Money for Public Good: Why MMT Matters | Sheffield
(Colleen is not a part of this one, but says that wonderful people are running it!)
September 20th and 21st 
https://events.humanitix.com/public-money-mmt-sheffield

Regenerative Economy Lab - Money and Finance Workshop
Vienna, October 23rd and 24th
https://www.regenecon.eu/

Online masters program on which Colleen teaches - grounded jointly in ecological economics and modern monetary theory: https://www.torrens.edu.au/studying-with-us/employability/industry-led-learning/co-delivery-partners/modern-money-lab

Documentary 'Finding the Money'. https://findingmoneyfilm.com/

MMT group based in the UK : https://modernmoneylab.org.uk/


What we offer: Accidental Gods, Dreaming Awake and the Thrutopia Writing Masterclass

If you'd like to join our next Open Gathering offered by our Accidental Gods Programme it's  'Dreaming Your Death Awake' (you don't have to be a member) it's on 2nd November - details are here.
If you'd like to join us at Accidental Gods, this is the membership where we endeavour to help you to connect fully with the living web of life.
If you'd like to train more deeply in the contemporary shamanic work at Dreaming Awake, you'll find us here.
If you'd like to explore the recordings from our last Thrutopia Writing Masterclass, the details are here

What is Accidental Gods ?

Another World is still Possible. The old system was never fit for purpose and now it has gone - it is never coming back.

We have the power of gods to destroy our home. But we also have the chance to become something we cannot yet imagine,
and by doing so, create a future we would be proud to leave to the generations yet unborn.

What happens if we commit to a world based on the values we care about: compassion, courage, integrity?

What happens if we let go of the race for meaningless money and commit instead to the things that matter: clean air, clean water, clean soil - and clean, clear, courageous connections between all parts of ourselves (so we have to do the inner work of healing individually and collectively), between ourselves and each other (so we have to do the outer work of relearning how to build generative communities) and between ourselves and the Web of Life (so we have to reclaim our birthright as conscious nodes in the web of life)?

We can do this - and every week on Accidental Gods we speak with the people who are living this world into being. We have all the answers, we just lack the visions to weave them into a future that works. We can make this happen. We will. Join us.

Accidental Gods is a podcast and membership program devoted to exploring the ways we can create a future that we would be proud to leave to the generations yet to come.

If we're going to emerge into a just, equitable - and above all regenerative - future, we need to get to know the people who are already living, working, thinking and believing at the leading edge of inter-becoming transformation.
Accidental Gods exists to bring these voices to the world so that we can work together to lay the foundations of a world we'd be proud to leave to the generations that come after us.
We have the choice now - we can choose to transform…or we can face the chaos of a failing system.
Our Choice. Our Chance. Our Future.

Find the membership and the podcast pages here: https://accidentalgods.life
Find Manda's Thrutopian novel, Any Human Power here: https://mandascott.co.uk
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