Social capital refers to the networks of relationships among people in a community, society, or organization, and the benefits of reciprocity and trustworthiness that arise from those relationships. It’s essentially the value that comes from social connections and the resources that come along with those connections. When we think of…
Category: Finance and Economy
Exploring everything financial and alternative finance
What Are Central Bank Digital Currencies (CBDC) and How it Would Affect You
A central bank digital currency (CBDC) is a digital form of money issued by a country’s central bank. CBDCs are similar, in some ways, to cryptocurrencies in that they are purely digital, but differ in that they are centralized and their value is fixed by a central bank and is roughly…
What Are Time Credits and Why You Should Care
Time Banking is an idea that most have not heard of, and those that have may not really understand beyond the fundamental concept of trading time with others in a community. This understanding is certainly not wrong and could serve a person or community very well, even if they never…
The Rise of FinTech (Financial Technology) and Why You Should Care
FinTech, short for Financial Technology, is revolutionizing the world by leveraging technology to improve and streamline financial services. FinTech is quickly reshaping the financial industry and transforming the way that people and businesses manage their finances – driving greater efficiency, accessibility, and innovation across the global economy. What Is Fintech…
Why We Need Money; How Dunbar’s Number Makes it Inevitable
The idea of money is something that we are all familiar with. It’s a part of our daily lives and we couldn’t survive without it – but why? When humans lived in small tribes, they knew everyone, knew what to expect from everyone, held each other accountable and knew to…
Things Are Changing Fast; Is It On Purpose?
In the last few years, many have been crying foul when it comes to the Western world’s political and economic actions. A growing number of people around the globe, including political leaders, have been voicing concerns that a “Great Reset” is being crafted, and done so in a way that…
Looking at the Stakeholder Economy: The Good, the Bad, and the Ugly
In recent years, the idea of the stakeholder economy has gained significant traction, particularly in response to the shortcomings of traditional shareholder-centric models. Advocates argue that the stakeholder economy prioritizes the needs and interests of all stakeholders involved in a business, including employees, customers, communities, and the environment, rather than…
Capital Controls May Be Coming, What Now?
What are Capital Controls Capital controls refer to measures taken by governments or central banks to regulate the flow of money within a country’s economic and banking system or with other countries or other economic and banking systems. These controls are typically implemented to stabilize financial markets, manage currency stability…
Are You Losing Yourself in the Digital Age?
As the world becomes more and more digitalized, from money to identity, we are slowly being transitioned from the physical world into a digital one. How is this happening, what does it currently look like, what will it look like in the future, should we be concerned about it and…
The Plight of the Wage Slave: Surviving on Less than Living Wage
Often compared to chattel slavery, wherein a class of masters directly owns workers as property, wage slavery refers to a system in which an owning class, through its dominion over land and the means of production, coerces workers into selling their labor. Wage slavery and chattel slavery both involve a form…