In 2011, Richard Douthwaite wrote in Fleeing Vesuvius that "Money once bought energy. Now energy, or at least an entitlement to it, will actually be money and energy firms may become the new banks." His suggestions for achieving this transition in the fairest way possible have a clear relevance now.
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.
To usher in the New Year, here's a paper by Willi Kiefel on Feasta co-founder Richard Douthwaite's profound and lasting impact on the green movement in Ireland.
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
Feasta’s Graham Barnes has been asked to present and do a panel session at Open Here in Dublin, on November 14th. Open Here is “a 3-day international festival and conference where online practices such as sharing, peer-production and open source meet real world material economies.” More information is available at http://openhere.data.ie/.…
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.