Gavin Tang has been a long time student of the world economy and particularly of developments in recent decades. His interest in the area of economics is very much focused on systemic changes achieved through a grassroots movement. To this end, he founded the Fractal Economy Cooperative (www.fractaleconomy.coop) with a few friends and acquaintances. The Cooperative is still in formation stage but will go public soon. Gavin is a carpenter in his day job and lives in the Blue Mountains.
You can view Gavin’s website at https://threefoldeconomy.wixsite.com/aaaa; he can be reached at gavtang@protonmail.com.
Almost everyone has an awareness that housing has, in some places, become unaffordable for all (who are not already homeowners) except for those on a very high income bracket. We are faced with the situation that the average wage- or income-earner will not be able, even with a double income, to buy into the property market in certain towns and cities.
Many people think of unemployment pretty much as mainstream economists and the government would have us think about it – that it is a statistical number of people looking for work according to a rather arbitrary definition set by the government. It is much more
Note from the author: This article is a shortened version of an original which discusses closely related issues, and also gives a more nuanced and complete presentation of the ideas discussed here. The article can either be accessed online or by writing to the author.