The financial crisis of 2008 and the post Lehman Brothers abyss led to many calls from politicians and commentators in the media for new forms of capitalism and a move to responsible capitalism, and a rebalancing of economies.

Fourteen years ago, when Praxis Peace Institute was born in Dubrovnik, Croatia, from a conference held there, we posed the following inquiry: How could we achieve cultures of peace from where we were? Why did mankind seem incapable of learning the lessons of history but adept at waging the same wars over and over again?

1752: Benjamin Franklin –Philadelphia Contributionship of the Insurance of Houses from Loss by Fire

The turmoil in Rome started in 2011 after the city’s budget cutbacks hollowed out public services and institutions, which left many people without affordable housing.

"Commons in action" is a joint program by the IASC and the Elinor Ostrom Award. For more information visit Join and support the commons!

Watch more videos from IASC on their Youtube channel


The new economy has several different names including the sharing economy, the solidarity economy, community resilience, transition, the oppositional economy, and more. At its core, however, is an awareness that the existing economy, which thrives on maximizing growth and profits at all expense, has failed us.

The Equal Exchange Finance Department is looking to fill two positions to round out our team.  The announcements are posted on the EE website (  All responses (cover letter, resume, and answers to the questions) are due by October 15, 2014, emailed to:

This is the text of a speech given by Frances Coppola at the UK Society of Co-Operatives Conference on September 7th 2014 at the University of Essex. 

The story of the Co-Op Bank is really the story of two banks: the Co-Op Bank itself, of course, but perhaps even more importantly – the story of the Britannia.

The Britannia story

In parts of West Africa and the Caribbean an ancient version of cooperative economics exists, called “susu.” As one of the oldest forms of microfinance in Africa, the practice is run by one of Africa’s oldest financial groups, susu collectors.  They run their businesses from kiosks in the marketplace and act as mobile bankers.


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