Author Archive

Basic income (BI) & intentional currencies

Jun 10, 2015 Comments Off on Basic income (BI) & intentional currencies
If a Basic Income is indeed a Good Thing, then new currencies will increasingly seek to build it into their design from the outset. This article by Graham Barnes looks at the rationale for BI and at implications for currencies that incorporate BI as one of their currency issuance mechanisms.
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The Bank-State Bargain

Mar 31, 2015 2 Comments
Banks create money out of nothing when they extend loans and then charge borrowers interest on this newly created capital. The result is an ongoing multi-billion pound/ dollar subsidy breaking the basic rules of capitalism. What is perhaps even more surprising is that there appears to be no explicit description of the 'bargain' underlying this important arrangement. By Graham Barnes.
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The Mainstream Money Mess – three aspects… and what they mean for new money-forms

Feb 02, 2015 Comments Off on The Mainstream Money Mess – three aspects… and what they mean for new money-forms
This article by Graham Barnes looks at three of the most poisonous aspects of Mainstream Money from the perspective of a currency designer exploring new money-forms.
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Capital without Capitalism: A Currency Design Perspective

Nov 11, 2014 Comments Off on Capital without Capitalism: A Currency Design Perspective
The recent surge in interest in the design of new currencies is partly informed by a creeping realisation of the unfairnesses of the so-called free-market and its associated monetary dysfunction. Re-engineering money offers us the chance to imagine and create a more sustainable economic infrastructure. By Graham Barnes
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23 Things They Don’t Tell You about Capitalism by Ha-Joon Chang: Review

Oct 16, 2014 Comments Off on 23 Things They Don’t Tell You about Capitalism by Ha-Joon Chang: Review
Graham Barnes writes "There were so many tweetable gems in the 260 pages of this book, that I had to exercise self control or be suspected of agency status."
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Money as a Commons

Sep 05, 2014 Comments Off on Money as a Commons
Money is either a reward for past work, or (when issued through the device of credit) an advance secured in expectation of future work. From this viewpoint we can see money as an aspirational commons - a Common Pool Resource backed by our collective efforts, that with the right governance regime could be managed equitably and to mutual benefit. By Graham Barnes.
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The Deprecated Domain: the pros and cons of designed exclusion

Jul 10, 2014 Comments Off on The Deprecated Domain: the pros and cons of designed exclusion
One way to identify what you want to promote is to specify what you want to dissociate from. That's the Deprecated Domain. And it's OK to progressively withdraw from it. In the latest in a series of related articles on the Feasta blog Graham Barnes makes a case for doing just that with the mainstream financial system. @GrahamJBarnes
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The Great Separation (part 2)

Jun 13, 2014 Comments Off on The Great Separation (part 2)
What do Scottish independence, UKIP, self-employment, cryptocurrencies and the black economy have in common? By Graham Barnes (@GrahamJBarnes).
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Ethical Money and The Great Separation

May 19, 2014 4 Comments
As the 99% become progressively aware of embedded unethical and unfair systemic values, might monetary disengagement become a key part of a trend to separate and distance ourselves from the mainstream economy – a Great Separation? By Graham Barnes.
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Friday event: Dublin : Can we have our money back?

Apr 23, 2014 2 Comments
Prof. Mary Mellor. the author of 'The Future of Money' gives a lecture/ discussion in Dublin this Friday on the practicalities of reclaiming the power of money-issue from the private banks, and directing its spend-into-use in a truly democratic fashion
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An Ethical Altcoin?

Feb 11, 2014 2 Comments
For the first time a cryptography-based currency or altcoin, Auroracoin, has designed-in a predistribution (via premining) of currency. This article sets out a draft vision of how an altcoin that is designed to give priority to positive aspects of living neglected by the financialised economy might operate. By Graham Barnes.
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Over-financialisation – the Casino Metaphor

Jan 15, 2014 5 Comments
The casino metaphor has been widely used as a part-description of the phenomenon of over-financialisation. It's a handy pejorative tag but can it give us any real insights? This article by @GrahamJBarnes pursues the metaphor to extremes so that we can file & forget / get back to the football or possibly graduate to next level thinking.
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Co-Ops & Credit Unions – A Governance Crisis?

Nov 27, 2013 2 Comments
Just when the implications of 'over-professionalising' banking and allowing an overpaid clique of casino-managers to screw up the real economy are becoming clear to the masses, we are being encouraged to think we can't do without them. If this rearguard action succeeds, the opportunity for innovation - for example in the capital financing of energy projects - will be lost. By Graham Barnes.
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