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DEIRDRE KENT: Deirdre Kent has worked as a maths teacher, a Tauranga City Councillor, and was Director of ASH (Action on Smoking and Health) during the 1980’s. She became interested in the money system through Green politics — she was a Values Party candidate in 1975. After reading widely she concluded that the way we create money in the form of interest-bearing bank debt makes our economy dependent on continual economic growth — without it the economy collapses, but with it the earth and the ordinary citizen suffer while the rich get richer. In her book Healthy Money Healthy Planet (Craig Potton Publishing, 2005) Deirdre argues that we can get out of the vicious cycle of exponential economic growth and environmental degradation, and into an era of sustainable living, by creating local currencies. Deirdre and her husband live on the land in Otaki. She has thirteen grandchildren.
Economic localisation is a response to declining availability of transport fuels. It entails changing where we live, work and go to school, thereby reducing the need for vehicle transport. E.g. Services that have become highly centralised (EG Nelson's milk is carried to Christchurch, bottled and returned to Nelson) will become more local. Localisation means growing and distributing food locally, while long-distance transport of foodstuffs will be limited to luxury items. Economically local communities regain control over food, water, energy, culture, governance, media, land and business ownership, transport, money creation and banking. Deirdre Kent’s session on Economic Localisation will start with an overview of the key drivers of growth in Nelson and Tasman. The workshop will feature presentations, discussion groups, games and film.
Combined with localisation, there is a need to re-assess our global economic system. Currently that demands infinite growth in a finite world because it is based upon debt and fractional reserve banking. Deirdre will look at why exponential growth is so central to our current economic model and how this relates to the money system. The concept of exponential growth will then be compared to other types of growth.
Developing new, local systems to exchange goods and services has the potential to lead to strong behaviour change within the time span available. It has the added benefit of hugely improving our social system. In the second part of the workshop, a new sort of organization of the economy will be discussed with examples of how these have been successfully put into practice in different parts of the world.
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Click on the red text to follow link
- Molly Scott Cato’s Talk in Totnes - “The Bioregional Economy”
- Relocalisation - Acting Locally on Global Issues - Russ Grayson
- Berkshares Inc: A brighter future through innovative economic development
- The Tapeworm Economy: Understanding the drain
- Deirdre Kent "Healthy Money, Healthy Planet" available from bookshops
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