I think the germ of the idea is in this Don. All money essentially comes from government - what we get from banks is debt. Street-up decision-making isn't all of it as rigsy points out.
On 22 Sep, 12:26, rigsy03 <[email protected]> wrote: > You still have to deal with priorities on that list, however. Stadiums > might trump infrastructure. > > On Sep 22, 5:22 am, Don Johnson <[email protected]> wrote: > > > > > > > > >http://professional.wsj.com/article/SB1000087239639044416580457800851... > > > This is what I'm talking about! Decentralization is key. I believe this is > > your busy bees at work Neil. > > > "Peer networks don't have to involve digital technology. Twenty years ago, > > the Brazilian city of Porto Alegre pioneered a radical new technique called > > "participatory budgeting." Each year, the city's 16 regions conduct general > > assemblies in which neighbors debate priorities for the budget: school > > construction, sewer repair, bridge building. The assemblies create a ranked > > list of projects, and the government disperses funds accordingly. The money > > comes from the state, but the decision of what to fund comes from the > > street." > > > dj --
