Graham Barnes is a Currency Innovation Strategist. He is a Director of Feasta and co-organiser of the Feasta Currency Group. He holds a PhD in Computer Science and worked at a senior level in IT and online marketing in a previous life. His current projects include the design and delivery of currencies to be sponsored by a local authority; by a social entrepreneur to complement and enhance a well established sustainability methodology; and by a restaurant chain. https://twitter.com/GrahamJBarnes https://www.linkedin.com/in/grahamjbarnesGraham Barnes has written 47 articles so far, you can find them below.
About Graham Barnes
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.
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.
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
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."
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.
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