Laura Flanders & Friends | Solidarity Economy 101: The Kola Nut Timebank Story @LauraFlandersAndFriends | Uploaded July 2023 | Updated October 2024, 3 hours ago.
Stay informed and engaged! Don't miss out on our captivating weekly episodes that dive deep into the heart of our economy, culture, and politics. SUBSCRIBE HERE youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lg?sub_confirmation=1
What if there was a way to trade time and share skills with your neighbors in a way that met a range of needs without involving cash?
In this episode, we have an in-depth conversation with Mike Strode, the Founding Coordinator behind an innovative solution that offers just that: The Kola Nut Collaborative.
This Chicago-based initiative, operating since 2017, stands as a beacon of the solidarity economy, promoting timebanking as a means of social and economic transformation. Timebanking, distinct from traditional bartering, targets relationship-building over wealth accumulation, providing an alternative to profit-driven capitalist systems. Part of a growing new economy coalition, The Kola Nut Collaborative forges reciprocal networks of support and encourages a sharing economy.
In a timebank, time is treated as a currency, fostering fairness and enhancing community cooperation. Timebanking reshapes the conventional economic narrative and exposes participants to new economic thinking.
This enlightening conversation reminds us that there are multiple, co-existing economies within our society which transcend the confines of capitalism.
Tune in for more on timebanking, and how it just might work in your community.
“The notion of the lone entrepreneur funneling out on the boat is impossible. We get together by community. So starting a time bank involves you actually being in community.” - Mike Strode
“Solidarity economy is a post-capitalist framework. Ultimately we are still in capitalism . . . so until we rest ourselves from capitalism, we will continue to be very far from the solidarity economy.” - Mike Strode
00:00 What is a Solidarity Economy?
01:45 Concept of Timebanking
03:30 The Kola Nut Collaborative
05:15 Timebanking as a Currency
07:00 Offers & Needs Market
09:00 Solidarity Economy Values
10:45 Timebanking during COVID
12:30 Solidarity Economy vs Capitalism
14:15 Timebanking as a Community Tool
16:45 Ancestral Traditions
18:30 Timebanking vs Barter
20:15 Value and Relationship Building
22:00 Timebanking in Communities
24:00 Future of Solidarity Economy
Guest:
Mike Strode: Founding Coordinator, Kola Nut Collaborative Timebank
🎧 PODCAST: Prefer to listen? Listen to this week's episode on your favorite podcast platform (Available 7/10): lauraflanders.simplecast.com/episodes/what-is-a-solidarity-economy-the-kola-nut-timebank-story
✏️ SHOW NOTES: Visit our Patreon for more information on this week's episode: patreon.com/posts/show-notes-kola-76844041
📺 RELATED EPISODES:
Dollars and Democracy: Participatory Budgeting: youtu.be/0mErPG_q-ow
Community Wealth Building: An Economic Reset: youtu.be/sFglwyazXhE
This New Cooperative Business Model Could Change Everything: youtu.be/nRgZQHqb07A
📚 Check out our Book of the Week on BOOKSHOP*: “Collective Courage: A History of African American Cooperative Economic Thought and Practice” by Jessica Gordon Nembhard
(*Bookshop is an online bookstore with a mission to financially support local, independent bookstores. The LF Show is an affiliate of bookshop.org and will receive a small commission if you click through and make a purchase.)
_________________
The Laura Flanders Show is non-commercial independent media that relies on the contributions of viewers and listeners.
DONATE TODAY at lauraflanders.org/donate or consider becoming a PATREON partner at patreon.com/thelfshow
📩 SUBSCRIBE to our newsletter: lauraflanders.org
🎧 SUBSCRIBE to our podcast: lauraflanders.org/listen
🎧 LOOKING FOR UNCUT INTERVIEWS? Patreon subscribers get early access to our full, uncut conversations and audio extras! Join our growing family today! patreon.com/thelfshow
FOLLOW The Laura Flanders Show
Twitter: twitter.com/thelfshow
Facebook: facebook.com/theLFshow
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ACCESSIBILITY
This episode is closed captioned.
Stay informed and engaged! Don't miss out on our captivating weekly episodes that dive deep into the heart of our economy, culture, and politics. SUBSCRIBE HERE youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lg?sub_confirmation=1
What if there was a way to trade time and share skills with your neighbors in a way that met a range of needs without involving cash?
In this episode, we have an in-depth conversation with Mike Strode, the Founding Coordinator behind an innovative solution that offers just that: The Kola Nut Collaborative.
This Chicago-based initiative, operating since 2017, stands as a beacon of the solidarity economy, promoting timebanking as a means of social and economic transformation. Timebanking, distinct from traditional bartering, targets relationship-building over wealth accumulation, providing an alternative to profit-driven capitalist systems. Part of a growing new economy coalition, The Kola Nut Collaborative forges reciprocal networks of support and encourages a sharing economy.
In a timebank, time is treated as a currency, fostering fairness and enhancing community cooperation. Timebanking reshapes the conventional economic narrative and exposes participants to new economic thinking.
This enlightening conversation reminds us that there are multiple, co-existing economies within our society which transcend the confines of capitalism.
Tune in for more on timebanking, and how it just might work in your community.
“The notion of the lone entrepreneur funneling out on the boat is impossible. We get together by community. So starting a time bank involves you actually being in community.” - Mike Strode
“Solidarity economy is a post-capitalist framework. Ultimately we are still in capitalism . . . so until we rest ourselves from capitalism, we will continue to be very far from the solidarity economy.” - Mike Strode
00:00 What is a Solidarity Economy?
01:45 Concept of Timebanking
03:30 The Kola Nut Collaborative
05:15 Timebanking as a Currency
07:00 Offers & Needs Market
09:00 Solidarity Economy Values
10:45 Timebanking during COVID
12:30 Solidarity Economy vs Capitalism
14:15 Timebanking as a Community Tool
16:45 Ancestral Traditions
18:30 Timebanking vs Barter
20:15 Value and Relationship Building
22:00 Timebanking in Communities
24:00 Future of Solidarity Economy
Guest:
Mike Strode: Founding Coordinator, Kola Nut Collaborative Timebank
🎧 PODCAST: Prefer to listen? Listen to this week's episode on your favorite podcast platform (Available 7/10): lauraflanders.simplecast.com/episodes/what-is-a-solidarity-economy-the-kola-nut-timebank-story
✏️ SHOW NOTES: Visit our Patreon for more information on this week's episode: patreon.com/posts/show-notes-kola-76844041
📺 RELATED EPISODES:
Dollars and Democracy: Participatory Budgeting: youtu.be/0mErPG_q-ow
Community Wealth Building: An Economic Reset: youtu.be/sFglwyazXhE
This New Cooperative Business Model Could Change Everything: youtu.be/nRgZQHqb07A
📚 Check out our Book of the Week on BOOKSHOP*: “Collective Courage: A History of African American Cooperative Economic Thought and Practice” by Jessica Gordon Nembhard
(*Bookshop is an online bookstore with a mission to financially support local, independent bookstores. The LF Show is an affiliate of bookshop.org and will receive a small commission if you click through and make a purchase.)
_________________
The Laura Flanders Show is non-commercial independent media that relies on the contributions of viewers and listeners.
DONATE TODAY at lauraflanders.org/donate or consider becoming a PATREON partner at patreon.com/thelfshow
📩 SUBSCRIBE to our newsletter: lauraflanders.org
🎧 SUBSCRIBE to our podcast: lauraflanders.org/listen
🎧 LOOKING FOR UNCUT INTERVIEWS? Patreon subscribers get early access to our full, uncut conversations and audio extras! Join our growing family today! patreon.com/thelfshow
FOLLOW The Laura Flanders Show
Twitter: twitter.com/thelfshow
Facebook: facebook.com/theLFshow
Instagram: instagram.com/thelfshow
ACCESSIBILITY
This episode is closed captioned.
![What Happens When You Give Cash to Black Moms, No Strings Attached? [Guaranteed Income, Explained]](https://i.ytimg.com/vi/YhLyOSJWO0s/hqdefault.jpg "What Happens When You Give Cash to Black Moms, No Strings Attached? [Guaranteed Income, Explained]
Stay informed and engaged! Dont miss out on our captivating weekly episodes that dive deep into the heart of our economy, culture, and politics. SUBSCRIBE HERE https://www.youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lg?sub_confirmation=1
Guaranteed income programs could have a transformative impact on individuals and families living in low-income households — and make strides in ending poverty…
The Magnolia Mothers Trust in Jackson, Mississippi aims to provide relief for low-income individuals and families. In this episode, we delve into the challenges faced by those living on a low income and emphasize the importance of affordable housing and support for single-income households.
The Magnolia Mothers Trust, which is the first guaranteed income pilot program in the United States, addresses income inequities and supports low-income African-American single mothers residing in affordable housing. By providing a monthly cash payment of $1000 with no strings attached, the program offers a lifeline to these families, enabling them to address immediate needs and achieve financial stability. This comprehensive approach recognizes the unique challenges faced by single-income households and emphasizes the importance of holistic support.
With 37.9 million Americans currently living in poverty, it is imperative to prioritize poverty alleviation efforts. Guaranteed income programs like the Magnolia Mothers Trust demonstrate the potential to lift individuals and families out of poverty and create pathways to financial independence. By providing direct cash support and investing in the dreams and aspirations of those in need, these programs offer hope for a brighter future.
Living on a low income presents unique challenges, and saving for the future becomes virtually impossible. Many individuals and families face obstacles in building financial resilience and escaping the cycle of poverty. Guaranteed income programs can alleviate some of these challenges by providing a financial buffer and fostering a sense of empowerment.
By recognizing the importance of supporting single-income and low-income families, we can strive for greater equity and ensure that no one is left behind in the journey towards ending poverty.
“Clearly it is not only about the cash. I had the opportunity to meet some very wonderful people. I was also able to socialize with different women who were also in the same shoes as me or similar . . . The women there are not getting involved and then leaving you stranded.” - Anquoindria Moore
00:00 Intro
00:55 What the end of COVID 19 relief means for families in need
01:30 The solution that cut monthly childhood poverty by 1/3
02:04 Cash relief for Black moms: Magnolia Mothers Trust
02:57 The problem that Magnolia Mothers Trust is solving
04:35 Anquoindrias story of cash relief
05:54 How the cash relief program works
08:27 Why this new cash relief program is different (& so effective)
11:03 Have alternatives to this program succeeded?
11:36 Who deserves this kind of help?
14:15 How to choose who gets cash relief
16:14 How many guaranteed income programs are there?
18:03 Addressing political pushback on cash relief programs
21:36 How to provide better federal policies for cash relief
GUESTS:
Anquoindria Moore: Recipient, The Magnolia Mothers Trust
Dr. Aisha Nyandoro: CEO, Springboard To Opportunities
Dorian Warren: Co-President, Community Change
WHERE TO FIND US:
🎧 PODCAST: Hear this weeks episode on your favorite podcast platform: https://bit.ly/41DWNcc
✏️ SHOW NOTES:
Visit our Patreon for more information on this weeks episode: https://www.patreon.com/posts/show-notes-s4-of-82911363
📺 RELATED EPISODES:
Stimulus Checks Every Month?: https://youtu.be/jD_kQkiv6qQ
Beating Poverty by Investing in Teachers: A Labor Story for May Day: https://youtu.be/VYwOAGVTWzI
Reporting on Economic Hardship: https://youtu.be/7Csiiq7EO7E
The Laura Flanders Show is non-commercial independent media that relies on the contributions of viewers and listeners.
📩 SUBSCRIBE to our newsletter: lauraflanders.org
🎧 SUBSCRIBE to our podcast: lauraflanders.org/listen
DONATE TODAY at lauraflanders.org/donate or consider becoming a PATREON partner at https://www.patreon.com/thelfshow
🎧 LOOKING FOR UNCUT INTERVIEWS? Patreon subscribers get early access to our full, uncut conversations and audio extras! patreon.com/thelfshow
FOLLOW The Laura Flanders Show
Twitter: twitter.com/thelfshow
Facebook: facebook.com/theLFshow
Instagram: instagram.com/thelfshow/
Website: lauraflanders.org
ACCESSIBILITY
This episode is closed captioned.
#newstoday #newsupdates #guaranteedincome")
![What We Get WRONG About Our Jail Population [criminal justice reform] #shorts](https://i.ytimg.com/vi/YtUQ0Hg7aEo/hqdefault.jpg "What We Get WRONG About Our Jail Population [criminal justice reform] #shorts
Heres how we think about our jail population...
Often, when people claim they want to address an issue, what they really mean is theyd rather not see it. This mindset becomes evident when society does not address homelessness, jail, or the need for criminal justice reform. This can lead to grave consequences, as real decisions impact real lives. In the context of jail, prisons, and places like Rikers Island, theres a tendency to prematurely assume guilt. The conditions of Rikers Island and the overall criminal justice system highlight the urgent need for change. Democrats call for a comprehensive overhaul of the USA criminal justice system. Its crucial to recognize that such divisions of us versus them are illusions. Todays us could easily be tomorrows them.
#criminaljustice #prisonreform #newstoday")
