JSH:   Markets are the head on complex transactions between products and consumers since the consumers are the ones who buy the products off the market. The consumers rely on those in charge of businesses to provide supplies that they cannot go out and get themselves without the market having it available. This increases the availability of products that can be sold thus making everything easily accessible to those who have the money to pay for it.             In japan when the sugarcane market crashed that left many sugarcane farmers in trouble with no good source of income that they can use to provide for themselves, this lead to an increase of those in poverty that required the Japanese government to step in and to set up relief efforts. They set up a trade system of brown sugar so in the long run they can provide for themselves and not have to rely on the government. The Japanese government established trade with the Philippines islands so that way they can establish a good connection with them, making the trade work for both sides so in the end both sides benefitted from the arrangement, not just one side.             Ethnic consumer guides are available to consumers to see how ethical a product that tey are buying is. It also informs the buyer about the company responsible for the product so they can decide if they are ethical or not. This allows the option of free choice to expand further since the people will now know if something is good or if it is bad, allowing them to make choices based on their preferences and what they might support.             There are plenty tools for encountering people that are explained in this reading that have to deal with the market. First one being are my needs and the needs of the other being met? Then it goes am I connected with others directly? Then it goes am I taking what I need? The next one is are there ways I can give back to help the others needs? Then the next one is are there other ways that I can share? Then the more moral ones go as are the animals being treated humanely? Then are the environmental impacts of the products addressed? Then is the well being of people taken into account? Then are the politics just? Then finally its does the product have neutral or positive impact? ZW: The finance’s definition can be the commercial activity of funds and capital, the branch of economics that studies the management of money and other assets, or the management of money, credit, banking, and investments. In this chapter’s description, “finance” refers to money, saving, investment, taxation, budget, debt, and risk management. It is associated with many institutions like banks, insurance companies, credit unions, stock market, and so on. After the global financial crisis in 2007, people all over the world had to confront the fact that everyone’s life is touched by this economic reality called finance. The Mondragon Cooperative Corporation (MCC) is mentioned in this chapter as an example of redeplo ...

1. JSH:
Markets are the head on complex transactions between
products and consumers since the consumers are the ones who
buy the products off the market. The consumers rely on those in
charge of businesses to provide supplies that they cannot go out
and get themselves without the market having it available. This
increases the availability of products that can be sold thus
making everything easily accessible to those who have the
money to pay for it.
In japan when the sugarcane market crashed that left
many sugarcane farmers in trouble with no good source of
income that they can use to provide for themselves, this lead to
an increase of those in poverty that required the Japanese
government to step in and to set up relief efforts. They set up a
trade system of brown sugar so in the long run they can provide
for themselves and not have to rely on the government. The
Japanese government established trade with the Philippines
islands so that way they can establish a good connection with
them, making the trade work for both sides so in the end both
sides benefitted from the arrangement, not just one side.
Ethnic consumer guides are available to consumers to
see how ethical a product that tey are buying is. It also informs
the buyer about the company responsible for the product so they
can decide if they are ethical or not. This allows the option of
free choice to expand further since the people will now know if
something is good or if it is bad, allowing them to make choices
based on their preferences and what they might support.
There are plenty tools for encountering people that are
explained in this reading that have to deal with the market. First
one being are my needs and the needs of the other being met?
Then it goes am I connected with others directly? Then it goes
am I taking what I need? The next one is are there ways I can
give back to help the others needs? Then the next one is are
there other ways that I can share? Then the more moral ones go

2. as are the animals being treated humanely? Then are the
environmental impacts of the products addressed? Then is the
well being of people taken into account? Then are the politics
just? Then finally its does the product have neutral or positive
impact?
ZW:
The finance’s definition can be the commercial activity of funds
and capital, the branch of economics that studies the
management of money and other assets, or the management of
money, credit, banking, and investments. In this chapter’s
description, “finance” refers to money, saving, investment,
taxation, budget, debt, and risk management. It is associated
with many institutions like banks, insurance companies, credit
unions, stock market, and so on. After the global financial crisis
in 2007, people all over the world had to confront the fact that
everyone’s life is touched by this economic reality called
finance.
The Mondragon Cooperative Corporation (MCC) is mentioned
in this chapter as an example of redeploying savings toward its
community future. MMC invest their surplus in La Caja
Laboral, they are consolidating savings to secure a decent future
for themselves, their children, and the region. Their Working
People’s Bank offers a safe and secure repository that redeploys
funds toward regional sustainability. Just like John Ballantyne
says in the News Weekly: “Unlike the post -GFC zombie banks
of Wall Street, which have been put on government life-support
to the tune of hundreds of billions of US taxpayer dollars,
Mondragon stands on its own feet and sponges off nobody”
Investing in the future is a key concern of a community
economy, it means taking action now to ensure that our
descendants can survive as well. It means building up our
commons and circulating new wealth so that it supports
sustainable modes of living with each other and also the earth.
Taking a far-sighted approach, investing now for our future
benefit.

3. There are four collective action tools for investing in
different futures. First, we have “participating in Peer-to-Peer
Finance”, which allows people to directly connect with each
other without going through an intermediary, and it provides
direct support to those in need of funds. Second, there is “Do-it-
yourself Finance”, where other resources can be mobilized to
help build a better future for people and the earth, it finds
opportunities for groups to raise their own finances. Then it is
“Supporting community finance institutions”, which is investing
in institutions that prioritize building others’ futures. At last we
have “Promoting ethical investment” which means investing in
mainstream financial institutions that use ethical investment,
and “Redirecting government revenue toward life-sustaining
rather than life-destroying activities.” With all of those, there’s
no reason to not believe we can invest for a better life in the
future.
DTB:
1. What is work?
Work is what we do for a living, it is what we do to survive. In
a general sense, work is what it is that we do with our days and
it is a large part of our identity. Our work has a large impact on
many other aspects of our life as it can make people feel either
happy and fulfilled, sad and disheartened or somewhere in
between.
2. What does it mean to survive well (and surviving
well collectively)?
Surviving well means to be able to live a life where we focus
first and foremost on our own wellbeing, the wellbeing of others
and the wellbeing of our planet and focus less on working more
simply for the gain of material things. Today it seems most are
living life the other way around. Surviving well requires a mix
of different elements of wellbeing. Surviving
well collectively means that we as fellow humans think and act
ethically in relation to each other and the environment.
3. What are the tools for surviving well?

4. There are 3 main tools identified in the chapter that can help us
to survive well. Firstly, "the 24 hour clock" on which the total
hours of different kinds of activities are recorded. Secondly,
theres the "wellbeing score card" on which the five types of
wellbeing are rated on a scale from one to three. Lastly, we
have "a balance scale" on which we record how labor time spent
earning money is balanced with labor times spent on other
types of wellbeing such as social, community and physical.
RJT:
In Latrobe Valley, Victoria a project was put in place that
aimed to create community and economic development. There
were four community initiatives that were put in place. The first
being the formation of a not-for-profit environmental garden
that was established as the Latrobe Valley Community
Environmental Gardens. The next approach Latrobe Valley took
was by opening a Santa’s Workshop where they raise money for
local residents to make their own decorations in the pre-
Christmas period. Then the Latrobe Community Workshed was
established where residents could use the workshed to restore
furniture and make wood products. Also a Latrobe Cyber Circus
was started up which ultimately helped unemployed young
people with performance arts skills.
Latrobe Valley, Victoria was able to challenge familiar
understanding of disadvantaged areas because of the approach
they took. They sought a new way of addressing social and
economic issues. During the two-year span of the project they
accomplished a lot and were able to show the critical role of
local agencies in these types of efforts. They ultimately took the
time to develop four very different programs for the efforts of
these marginalised groups. These programs were very useful in
helping develop important relationships in the community.
After these four programs the community looks forward for
more projects. A few changes however should be made in
developing new opportunities. For example a crucial aspect that

5. they underestimated with the first four initiatives was that they
did not build strong relationships with local institutions like
councils, churches, and unions. There is overall a lot of
information to take away from these programs which helped the
Latrobe Valley’s community and economic development in
unusual ways.
DWS:
Our economy is driven by the state, big industries, and rich and
powerful people. These influences on our economy are the ones
that can make change to alter what they desire. The book had
stated that “We do not need to go along with framing the
economy as a machine governed by immutable laws and
mechanical principles”. These laws and principles are affected
by the three major influences by manipulation regulation,
markets and values. This relentless course is driven by the
actions of self-interest and the greed that drives people to have
more than the next person. What this chapter focuses on is the
notion that our economy needs to be a diverse economy and
have all the implementations of this economy to help secure our
ecological and economic future.
This chapter talks about if a diverse economy was
implemented in our nation then the unforgiving repercussions of
our economy today would diminish. A diverse economy would
present activities and practices that would be able to modified
to benefit the greater good. The text stated that there are
“…many roles to assume and many opportunities for action”.
Essentially a diverse economy has several different revenue
strings and provides a nation with the capability for sustainable
growth because there is not a reliance on a singular type of
revenue. People would be able to make change without such big
parties or people having such an impactful say. There is greed
within our system today that blocks having something like a
diverse economy. Everyone is competing to get a better deal
than the next person which causes a problem. Now we can say
that if there was no greed causing no competition then there

6. would be no problem, right? But there is an issue that would
present itself. This fixed pursuit that people drive for is our
nations very definition of freedom. So, if we take the greed
causing this fixed pursuit then we are essentially taking away a
constitutional right. I think that a diverse economy would
benefit our economic system. I also think that with any other
option for a different economy, including this one, will present
many issues.
We can look at nature to help further our understanding
and ideas of what our economy should model. Yes, our economy
isn’t natural but the concepts of how our natural world
functions can model the concepts of our economy. All life forms
have relationships with the land they live on and the animals
they encounter. This creates relationships as well as competition
among species. Symbiosis and natural selection create a
complexity of systems that let species respond and recover to
threat creating a certain type of relationship. The chapter had
identified that the more complex relationships and parallel
functionalities the more likely a community, or an individual,
will survive. Therefore, diversity produces resilience. Within
our economy, we need to open all the relationships that make up
economic life and apply it. An example in the book had said
that amphibians are sensitive to the slightest amount of change.
It was said that we should be like frogs and other amphibians
when it comes to our ecological and economical habitats.
Interdependence in a diverse economy was described in
many examples. As unpaid domestic house labor increases then
it helps stretch wage payments that come into the family. Or
with increased wages, poor farmers can send women to school
which can cause lower birth rates and slow population growth
due to women having and focusing careers, not families. The
book identified this as “Initiatives for change can reverberate
and resonate, having much greater impact than initially
thought”.
Our economy would benefit greatly from a diverse
economy. Such things like greed causes issues like enterprises

7. focusing on their private profit in the market and not the people
or their impact in the earth. Having this diverse economy will
help aid our ecological and economical future.