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Paul Krumm

                 
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I am a semi-retired self employed business owner who designs and builds instruments and machines. Obtained a BS in Sociology (with minors in Physics and Math) in the 1960's and became interested in studying the structural violence built into our social, political and economic systems as an avocation.

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4 Articles, 2 Quick Links, 48 Comments, 0 Diaries, 0 Polls

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Monday, May 4, 2015 (8 comments)      Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon
Seigniorage, Its relation to Justice, Trust and Commitment Seigniorage is something that usually only policy wonks talk about, but if we want to discuss money as a justice issue, it is a pivotal concept that needs a more general understanding. What we propose to do is go beyond the standard definition to describe and discuss the function of seigniorage in trade. We will find that it functions in very different ways, according to the way money is organized.

Sunday, March 22, 2015 (5 comments)      Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon
A rock and a hard place -- Our money system in crisis: The Greece and Cyprus credit crises as prototypes Our money system is in trouble. it has to grow, but it can't continue to grow. The situation in Greece and the experience in Cyprus are examples of how things are going to go. Lets start thinking about alternatives.

Sometimes old structures are replaced organically by new growth Monday, March 9, 2015 (7 comments)      Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon
A response to "Facilitating a Disruptive Emergence To Replace the Existing Elite System Running the Planet by Rob Kall" Rob Kall speaks of disruptive emergence. Continuing that train of thought leads to possible directions and experiments.

Image created from image crediting Wednesday, February 12, 2014 (6 comments)      Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon
The Monetary Cliff: Its the Driver behind Deficits and the Fiscal Cliff - Rethinking our Centralized Fiat Money System We are told that money is such a complex issue that it isn't understandable by the layman. We disagree and describe the rules of money, and their practical and moral implications, including money's instability and the immanent monetary cliff. This understanding makes it possible to consider alternative money rules that serve the market better, and that promote an economy that is stable, just, resilient, and democratic.