“People’s Shares,” Anyone?

Sunday, November 6th, 2011

Here’s a “Wall Street” investment opportunity for you, brought to our attention by the Danish business newspaper Børsen:


Wall Street putter 10 dollar i Christiania http://t.co/mHIuhLHb
@borsendk
borsen.dk

“Christiania”? That’s the renegade area of Copenhagen which since its initial squat in 1971, on what had been an abandoned area of the city’s defenses, has styled itself the “Freetown” of Christiania, subject (by and large) to its own laws and maintenance of public order rather than those of the Danish state. (We’ve had occasion to cover this subject here before.)

The problem is, Christiania needs money. The area is still government land, strictly-speaking, and the new strategy of the Danish government for cracking down on it is to have the residents buy it, for 76 million Danish crowns (a little over €10.2 million), if they want to stay there. They’ve got until 1 April 2012 to come up with the first installment of DKK 46 million (a little over €6 million); so far they have been able to gather together a little over DKK 4 million into their Freestate Christiania Fund.

In the spirit of Willie Sutton, then (“because that’s where the money is!”), the fund has dispatched a representative to Wall Street, an “economics advisor” named Risenga Manghezi, to push Christiania folkeaktien (“people’s shares”) there. But the piece’s headline (and the tweet) reveals what “success” Manghezi has had so far: she has raised $10.

That probably should come as little surprise. For what are these “people’s shares” exactly? An earlier piece in Børsen on Christiania’s buy-out plan (actually, a “leader” or opinion article whose title is “Good for you, Christiania”) fills in details on what writer Christopher Arzrouni calls “a nice initiative, but also a paradox”:

You decide yourself how much you want to pay, and people will not worry about how much the people’s shares rise or fall in value. It is in fact not a proper share. People receive a symbolic co-ownership and support something that is not commercial.

Maybe that meager success – so far – in gaining money from Wall Street is not such a surprise after all. Still, in the original article referenced by the tweet Manghezi declares him(her?)self delighted at the “fantastic” way things have been going: “This has been a big challenge to get through to these men in suits, but the most important thing is that the shares have been in Wall Street’s hands. This is really important symbolically.” Manghezi next plans to cross the tracks to visit the Occupy Wall Street protestors to see if she might get some interest in her folkeaktien for Christiania there.

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Udder Nonsense from Denmark

Friday, November 12th, 2010

“It will take more than bare breasts to keep away terrorists.” I should hope so! Believe it or not, though, that’s the observation attributed in a recent article in the Danish newspaper Berlingske Tidende to Manu Sareen, a local politician in Copenhagen for the Radikale Venstre (i.e. social-liberal) Party.

But don’t immediately write off Herre Sareen as some sort of pornographic-minded fool. Rather, in his parallel role (to that of politician, not fool) as expert on the question of integrating foreigners into Danish society he has been called upon to react to a proposal from a much more prominent Danish politician, namely Peter Skaarup, who is vice-chairman of the powerful (and immigrant-hating) Danish People’s Party – who actually might be the buffoon here. At issue is the Danmarksfilm, the film shown in Danish embassies abroad to those applying to immigrate to Denmark, intended to give those foreigners an accurate picture of what Danish culture is all about. According to Skaarup, it’s time to spice it up a bit, add a little of the ol’ T&A – because, after all, Danish women do like to go topless on the beaches (heck, even occasionally in city parks) in the summer, and maybe the prospect of having to encounter this will so put off Islamic fundamentalists that they will tear up their immigration applications right then and there in their local Danish embassy!

(BTW I understand that there is already something similar in the video that immigrants wanting to live in the Netherlands have to see when they apply, except that in this case it includes not women’s breasts but men walking around holding hands and kissing, to make clear the much more tolerant attitude to homosexuality that prevails here. As far as I know, the logic behind this is purely along the lines of “Don’t say we didn’t warn you!” and not any misguided strategy to dissuade people from applying to come here in the first place.)

This Skaarup guy may be a much bigger political hotshot, but local counselor Sareen has got his number, in fact two of them, in this matter:

In the first place, they’ve seen enough bare breasts before. In the second, it’s completely foolish to believe that fundamentalists who are so extreme that they want to blow Denmark up can be frightened away by bare breasts.

Here at EuroSavant we’ll try to stay in front of further developments along this line, if any. As for Danish policy, maybe Skaarup’s suggestion is not such a bust after all: the result could turn out to be increased demand in much of the Western world for admittance to the film rooms of Danish embassies, and maybe even to Denmark itself!

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Is There Such Thing as a Free Train?

Sunday, July 11th, 2004

This may be counter-intuitive, but did you realize that instituting limited periods during which all passengers can ride on a train system for free is a measure that can actually pay for itself, and even turn a profit, from the increased numbers of paying passengers who will be attracted to ride the trains during the free period and beyond?

At least there is the strong suggestion that this is true in Denmark. In January train travel was made free for trains running in the region of Svendborg, located on the south part of the big Danish island of Fyn – the one lying between the Jutland mainland to the west and the island of Sjaelland (where Copenhagen is located) to the east. A subsequent study undertaken together by the Danish traffic ministry and the Danish State Railways (DSB) – and reported at length by journalist Rasmus Lindboe in the Danish opinion newspaper Information (Analysis: The State Can Make a Profit on Free Trains) – shows that ridership increased by 25% as a result of this initiative, even after January was over. What’s more, one third of the 150,000 new riders attracted to the trains would have ordinarily gotten where they needed to go using their cars. The DSB gained back the money it originally lost by not charging fares within three months from the resulting increased ridership. (more…)

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McDonalds Runs Riot in Copenhagen

Thursday, September 25th, 2003

I first heard about this on the BBC World Service last Tuesday. And, sure enough, at least the main Danish daily Politiken has a report on it:Copenhagen Accuses McDonalds of Pillage. (Hærværk in Danish = “pillage,” “plunder,” “rapine”? It literally means “army-work.” Any Dane out there who can give me the best translation?) This despite the fact that lately the Danish press has been inundated across-the-board (except for the business paper Børsen, naturally) by coverage of the just-announced engagement of Prince Frederik of Denmark (age 35) to a certain Mary Donaldson (age 31) of Australia – definitely outside of the EuroSavant remit! Call me in when they start to cheat on each other and/or engage in fatal auto accidents.

What, you ask (if you didn’t catch it on the BBC on Tuesday), did McDonalds do to earn accusations of hærværk? (more…)

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