E2M

Article summary

E2M is a free market, economic model community capitalism, which aims to help local communities create sustainable citizen controlled wealth to address their socioeconomic and environmental problems and create opportunities for people. The model's inventors believe that the current economic system is unsustainable, because they believe it exists to produce maximum profits and ever increasing growth for a minority of investors on a planet with limited resources. They assert that growth is driven by consumer purchases which result in ever increasing debt on the populace, ever decreasing resources, unending production of waste, and excessive industrial activity that the group believes leads to global warming. Under the E2M model, regional communities would share in the equity of corporations which are then patronized by community members, thus creating income streams to the E2M Regional Economic Councils (E2M-REC) which would act in the best interests of the regional community. Wealth earned by the community under E2M would then be invested in additional business start-ups in which the E2M-RECs own even more equity. E2M.org is the organization that charters the E2M Regional Economic Councils. These councils are independent of E2M.org and each other, yet may collaborate to develop broader initiatives where necessary to address national and international issues.…

Key claims

1. date of foundation: 2000-01-01 — source: Wikipedia · confidence 0.95

Discussion questions

1. Summarise the article in your own words. Which single claim would you verify first, and why?
2. The record states that the date of foundation is "2000-01-01". What evidence would count against this claim?
3. Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
4. If two sources disagreed about one of these facts, what would you need in order to trust one over the other?

Bibliography

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