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We need a kew kind of economics
In view of the ecological and social crises, perspectives of change are needed.
Will we continue to invest in the economy only when there is a prospect of profit and economic growth? Or do we see the economy as the societal and actually self-evident task of fulfilling the needs of people and nature?
The European Credit Initiative wants to raise the question of how we can organise and finance a self-managed economic life beyond the profit motive.
A concrete proposal
As a concrete first step, we propose an addition to the Statute of the European Central Bank:
Businesses and banks, as well as associative groupings of these, should be able to access a source of free finance in the form of interest-free credit as long as they commit to:
- permanently forgo profits,
- dedicate any surpluses that may arise to the common good and
- make the income of their co-workers subject to public law.
The further perspective is to put this proposal on the agenda in the democratic manner of a European Citizens’ Initiative. Until then, we want to discuss our proposals throughout Europe and get things moving!
The Credit Initiative in Germany
Internationales Kulturzentrum Achberg e.V.
+49 8380 500
IBAN: DE88 4306 0967 8233 3668 00
Initiative Society EuroVision
+43 650 941 32 64
IBAN: AT09 6000 0000 9217 9671