Martin Wilding Davies
Encyclopedia
Martin Wilding Davies is a Welsh screenwriter
Screenwriter
Screenwriters or scriptwriters or scenario writers are people who write/create the short or feature-length screenplays from which mass media such as films, television programs, Comics or video games are based.-Profession:...

, political theorist, and designer noted for his design of the Welsh street fashion
Street fashion
Street fashion is a term used to describe fashion that is considered to have emerged not from studios, but from the grassroots. Street fashion is generally associated with youth culture, . Japanese street fashion sustains multiple simultaneous highly diverse fashion movements at any given time....

 label
Brand
The American Marketing Association defines a brand as a "Name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers."...

, The Red Dragonhood
The Red Dragonhood
The Red Dragonhood is a street fashion label from Wales, founded in 2006 by Welsh designer Martin Davies.The label is rooted in Welsh counter-culture, as exemplified at different times by the music of bands such as Stereophonics, Manic Street Preachers, Super Furry Animals, Catatonia and Goldie...

.

Davies is the economic theorist
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 responsible for the Uned
Uned (currency)
The Uned is a negative interest complementary currency system proposed by the political and economic theorist Martin Davies to stimulate economic activity in the moribund economy of Wales....

 ('unit' in Welsh
Welsh language
Welsh is a member of the Brythonic branch of the Celtic languages spoken natively in Wales, by some along the Welsh border in England, and in Y Wladfa...

), a negative interest
Demurrage (currency)
Demurrage is a cost associated with owning or holding currency over a given period of time. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage is in practice nothing more than the cost of storing and securing the gold...

 complementary currency
Complementary currency
Complementary currency is a currency meant to be used as a complement to another currency, typically a national currency. Complementary currency is sometimes referred to as complementary community currency or as community currency...

 system he proposed to stimulate economic activity in the moribund Welsh economy
Economy of Wales
The Economy of Wales. In 2010, according to ONS provisional data, headline gross value added in Wales was £44,517m, making the Welsh economy the tenth largest of the UK's twelve regions ahead of only Northern Ireland and the North East of England...

, and with economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 Chris Cook of the Nordic Enterprise Trust, a proposal to establish the Royal Mint
Royal Mint
The Royal Mint is the body permitted to manufacture, or mint, coins in the United Kingdom. The Mint originated over 1,100 years ago, but since 2009 it operates as Royal Mint Ltd, a company which has an exclusive contract with HM Treasury to supply all coinage for the UK...

 as a capital partnership.

A social activist, Davies is the founder and leader of Newid
Newid
Newid is a political party in Wales. It is the world's first popular movement for demarchy, a form of democracy in which government policy is decided by representative groups of citizens randomly selected by sortition rather than by career politicians chosen in elections.The party defies...

, a progressive
Progressivism
Progressivism is an umbrella term for a political ideology advocating or favoring social, political, and economic reform or changes. Progressivism is often viewed by some conservatives, constitutionalists, and libertarians to be in opposition to conservative or reactionary ideologies.The...

 political party
Political party
A political party is a political organization that typically seeks to influence government policy, usually by nominating their own candidates and trying to seat them in political office. Parties participate in electoral campaigns, educational outreach or protest actions...

 in Wales
Wales
Wales is a country that is part of the United Kingdom and the island of Great Britain, bordered by England to its east and the Atlantic Ocean and Irish Sea to its west. It has a population of three million, and a total area of 20,779 km²...

. Newid ('change' in Welsh) is the world's first popular movement
Social movement
Social movements are a type of group action. They are large informal groupings of individuals or organizations focused on specific political or social issues, in other words, on carrying out, resisting or undoing a social change....

 for demarchy
Demarchy
Demarchy is a form of government in which the state is governed by randomly selected decision makers who have been selected by sortition from a broadly inclusive pool of eligible citizens...

, a form of democracy
Democracy
Democracy is generally defined as a form of government in which all adult citizens have an equal say in the decisions that affect their lives. Ideally, this includes equal participation in the proposal, development and passage of legislation into law...

 in which government policy is decided by representative
Representation (politics)
In politics, representation describes how some individuals stand in for others or a group of others, for a certain time period. Representation usually refers to representative democracies, where elected officials nominally speak for their constituents in the legislature...

 groups of citizens randomly selected by sortition
Sortition
In politics, sortition is the selection of decision makers by lottery. The decision-makers are chosen as a random sample from a larger pool of candidates....

 (lot) rather than by career politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...

s chosen in election
Election
An election is a formal decision-making process by which a population chooses an individual to hold public office. Elections have been the usual mechanism by which modern representative democracy operates since the 17th century. Elections may fill offices in the legislature, sometimes in the...

s.

External links

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