About Graham Barnes

Graham Barnes 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 past projects have included 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 'local-aware' restaurant chain. His focus is  on the systemic dysfunction of mainstream money and finance, the inequity it accelerates and promising developments for its democratisation and detox  #fairgreenmoney

Graham Barnes has written 51 articles so far, you can find them below.

Currency Resilience and Transition

I attended the recent Transition Networks one day conversation in London on 'Peak Money and Economic Resilience'. Prompted by the event, I have contributed some thoughts on the fundamental objectives of a local exchange currency - increasing both the proportion of trade that is locally-based, and overall liquidity - and on how these might best be achieved.

The Challenge of Re-localisation

Feasta's particular approach to sustainability economics is to focus attention on the inadequacies of underlying systems. The development of local economies suffers from two particular adverse systemic effects - the in-built transfer of wealth from those that need money to those that already have money via the servicing of debt; and the transfer of wealth from the locality to the centre as globalisation progressively centralises economies. Local currency developers need to develop strategies that mitigate these two effects or they will remain limited in size and influence.

Comment on Definancialisation, deglobalisation and relocalisation by Graham Barnes

Tend to agree with that. It probably springs from Dmitry's strong focus on self-sufficient 'lifeboat' responses to the crises. This can be a problem with many of the doom and gloom analyses - they seem implicitly or explicitly to rubbish many of the grass roots initiatives that try to work (for the time being at least) with the world as it is. This 'carelessness' can offend people doing great work in those communities. The real impact of local currency initiatives to date is, though, an issue worth discussion. While they have often done well in terms of local identity and local networking, the impact on local economic health and liquidity has been limited; and the scalability of these initiatives to regional or national level has been elusive. All issues being confrionted by the Liquidity Network projects.

Good news from Brussels?

The news overnight from Brussels is that the 17 euro countries, led in this particular respect by France, have refused to allow the UK to exclude itself from their emerging plans to regulate financial transactions.