Michel Bauwens — The emerging gig economy and the scenario of distributed capitalism

“Tina Brown, editor of The Daily Beast, recently christened today’s job market as the “gig economy.” Her point is that fewer people seem to have full-time jobs; instead they have contract gigs. Being a freelancer or contract worker may actually be a practical way to survive this recession. It could also lead to new entrepreneurial vistas.*“

P2P Foundation
The emerging gig economy and the scenario of distributed capitalism
Michel Bauwens

FORBES estimates the revenue flowing through the share economy directly into people’s wallets will surpass $3.5 billion this year, with growth exceeding 25%. At that rate peer-to-peer sharing is moving from an income boost in a stagnant wage market into a disruptive economic force.” 

Bill Mitchell — The New Economy cannot flourish with fiscal austerity

I support the New Economy initiatives but implore the leading lights to educate themselves about MMT and why macro matters.

Read it at Bill Mitchell — billy blog
The New Economy cannot flourish with fiscal austerity
by Bill Mitchell

"The New Economy" is the latest hot thing among progressives. Bill has that it is basically a good idea but needs to be better informed economically. MMT does that.

Alternet Series On The Rise of the New Economy Movement

Activists, theorists, organizations and ordinary citizens are rebuilding the American political-economic system from the ground up.

As our political system sputters, a wave of innovative thinking and bold experimentation is quietly sweeping away outmoded economic models. In 'New Economic Visions', a special five-part AlterNet series edited by Economics Editor Lynn Parramore in partnership with political economist Gar Alperovitz of the Democracy Collaborative, creative thinkers come together to explore the exciting ideas and projects that are shaping the philosophical and political vision of the movement that could take our economy back.

Read it at Alternet
The Rise of the New Economy Movement
by Gar Alperovitz

AlterNet Economics Editor Lynn Parramore, whom you may be familiar with from New Deal 2.0, is aware of MMT. Forward motion.

Thom Hartmann — End coporate personhood to develop new economy

The prevalence of the corporation in America has led men of this generation to act, at times, as if the privilege of doing business in corporate form were inherent in the citizen; and has led them to accept the evils attendant upon the free and unrestricted use of the corporate mechanism as if these evils were the inescapable price of civilized life, and, hence, to be borne with resignation.Throughout the greater part of our history a different view prevailed.

Although the value of this instrumentality in commerce and industry was fully recognized, incorporation for business was commonly denied long after it had been freely granted for religious, educational, and charitable purposes.

It was denied because of fear. Fear of encroachment upon the liberties and opportunities of the individual. Fear of the subjection of labor to capital. Fear of monopoly. Fear that the absorption of capital by corporations, and their perpetual life, might bring evils similar to those which attended mortmain [immortality]. There was a sense of some insidious menace inherent in large aggregations of capital, particularly when held by corporations.— U.S. Supreme Court Justice Louis Brandeis, 19331

Read the rest at TruthOut

If We End Corporate Personhood We Can Define the Terms of a New Economy

by Thom Hartmann

That Chief Justice Brandeis was a prescient guy.

UPDATE:

Not just the Fed

Bloomberg: How Paulson Gave Hedge Funds Advance Word

David Korten - "10 Common Sense Principles for a New Economy"

Principle 6:

Money, which is easily created with a simple accounting entry, should never be the deciding constraint in making public resource allocation decisions. This is particularly obvious in the case of economic recessions or depressions, which occur when money fails to flow to where it is needed to put people to work producing essential goods and services. If money is the only lack, then make the accounting entry and get on with it.

"10 Common Sense Principles for a New Economy"

(h/t Clonal)