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Local Currencies, Local Investment, and the Emerging New Economy
Local currencies and the emerging new economy
Curated by John Boik
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Wanted: A Purpose for Open Source - Datamation

Open source has come a long way -- but has it lost its original purpose?
John Boik's insight:

The LEDDA framework will be open-source, and could ignite a new sense of purpose.

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Studies

Studies | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Global source of public opinion research on international affairs and policy. New polls of European, Asian, and American opinion are released. Findings from international polling organizations such as Gallup, Pew, Zogby, and Eurobarometer are analyzed.
John Boik's insight:

“Americans are more united than divided,” said Richard Parsons, executive director, Voice Of the People. “Giving the people a greater voice would help break the gridlock in Washington.”

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Baltimore's local currency, the BNote, is 2 years old

Baltimore's local currency, the BNote, is 2 years old | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
At Liam Flynn's Ale House in Baltimore's Station North Arts and Entertainment District, two George Washingtons will get you a can of Natty Boh. But a single Baltimore BNote, with an image of...
John Boik's insight:

The BNote is now accepted at more than 200 Baltimore businesses.

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Ithacash founder speaks at TEDxIthacaCollege

Ithacash founder speaks at TEDxIthacaCollege | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

My friend Scott Moris talks at TEDx about community currency.

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Locavesting: Move Over JOBS Act: States Are the Real Laboratories for Crowdfunding

Locavesting: Move Over JOBS Act: States Are the Real Laboratories for Crowdfunding | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

The LEDDA economic framework could play a role in community funding of business and services.

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The Monitor

The Monitor | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
News Analysis and Expert Interviews -- Understand Your World
John Boik's insight:

Hear podcast of John Boik's interview on Economic Direct Democracy; KPFT radio's The Monitor.

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What Happens When Silicon Valley Experiments With Direct Democracy

What Happens When Silicon Valley Experiments With Direct Democracy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Like a few other cities, the city is letting some citizens vote directly on how the city spends its money. But, of course, it's adding an online twist.
John Boik's insight:

Online direct democracy moves forward.

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Brazil shanty town in local currency drive to boost trade

Brazil shanty town in local currency drive to boost trade | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Brazil's poorest neighborhoods are encouraging locals to use community currencies in a bid to increase trade and prevent money from leaving the community (Brazil shanty town in local currency drive to boost trade: Brazil's poorest neighborhoods are...
John Boik's insight:

Local currencies in Rio de Janeiro shantytown communities

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Worker-Owned Co-ops Get $1 Million in NYC Spending

Worker-Owned Co-ops Get $1 Million in NYC Spending | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
New York City's newly approved budget allocates $1.2 million for developing and supporting worker-owned cooperative businesses. (Worker-Owned #Co-ops Get $1 Million in NYC Spending by Liz Pleasant — YES!
John Boik's insight:

Funding will support the creation of 234 jobs in worker cooperative businesses

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New Book Sets Path to End Poverty, Achieve Higher Employment, and Democratize Economies through Local Action

New Book Sets Path to End Poverty, Achieve Higher Employment, and Democratize Economies through Local Action | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Houston, TX, June 24, 2014 /24-7PressRelease/ -- Proposal intended to produce big economic gains for cities, small businesses, nonprofits.
John Boik's insight:

Proposal intended to produce big economic gains for cities, small businesses, nonprofits.

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The open source revolution is coming and it will conquer the 1% - ex CIA spy

The open source revolution is coming and it will conquer the 1% - ex CIA spy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Nafeez Ahmed: The man who trained more than 66 countries in open source methods calls for re-invention of intelligence to re-engineer Earth
John Boik's insight:

Steele is author of The Open Source Everything Manifesto

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payment21® blog » Complementary Currencies Entering the Digital ...

How Bitcoin Can Bring Complementary Currencies Back Into the Spotlight. Complementary currencies have long played a vital role in the history of money. In an era in which digital cash is rapidly gaining ground, ...
John Boik's insight:

Bitcoin as a common currency among a multitude of community currencies.  Perhaps other approaches would work as well or better.

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Dancing Rabbit’s Exchange Local Money System: The Promise of Local Currencies and Interest-Free Financing - Fellowship for Intentional Community

Dancing Rabbit’s Exchange Local Money System: The Promise of Local Currencies and Interest-Free Financing - Fellowship for Intentional Community | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Local Currency | Digital Currency | Dancing Rabbit Ecovillage's ELM System (Dancing Rabbit ecovillage's complementary currency has the one of the largest market capitalisation of all in the US http://t.co/T03WWOtRBH)...
John Boik's insight:

"...having $94K in circulation makes the ELM System one of the biggest local currencies in the United States"

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Businesses welcome local currency and feel confident about future growth, UK survey shows

Businesses welcome local currency and feel confident about future growth, UK survey shows | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
A study by Kingston Business School students in the UK has found a majority of local businesses would welcome the option of trying out a local currency, and that most are confident about their trading prospects for the next three years.
John Boik's insight:

Study: A majority of UK local businesses would welcome the option of trying out a local currency

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How collaborative credit can heal – rather than just disrupt – capitalism

How collaborative credit can heal – rather than just disrupt – capitalism | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Collaborative credit systems such as time banks can help bring about positive transformation within the economy
John Boik's insight:

Jem Bendell's thoughts about healing capitalism via community currencies. Jem wrote one of the blubs for my book Economic Direct Democracy.

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Kevin Johnson: Cities 3.0 - A New Era

Kevin Johnson: Cities 3.0 - A New Era | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Sacramento Mayor Kevin Johnson, the new president of the U.S. Conference of Mayors, spoke of a new era of cities in his address to open the organization's annual meeting.
John Boik's insight:

"Cities are now the leaders in the nation: experimenting, taking risks, making hard choices." This is a theme emphasized in Chapter 1 of Economic Direct Democracy.

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ICMIF | Sector news: Cooperatives at the top of list of strongest lenders

ICMIF | Sector news: Cooperatives at the top of list of strongest lenders | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
According to news published by Bloomberg last week the list of the world’s strongest banks has cooperatives in the top three organizations listed.
John Boik's insight:

List of the world’s strongest banks has cooperatives in the top three organizations.

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Shift Change: Worker Owned Cooperatives and the Movement to Create a More Just Economy

Shift Change: Worker Owned Cooperatives and the Movement to Create a More Just Economy | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
John Boik's insight:

Documentary airing on PBS this month champions the worker-owned cooperative model

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California Governor Jerry Brown "legalizes" alternative currencies like bitcoin

California Governor Jerry Brown "legalizes" alternative currencies like bitcoin | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Soon after California lawmakers passed legislation that would update present day currency laws and eliminate bans on alternative currencies, Democratic Governor Jerry Brown signed the bill into law that would see digital currencies, such as bitcoin and litecoin, legalized. The governor signed the legislation Saturday and it is expected to remove various barriers of entry …
John Boik's insight:

 

The legislation is expected to remove various barriers of entry into the marketplace for alternative currencies.

 

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The future of co-operative and mutual banking is keeping it local - Co-Operative News

The future of co-operative and mutual banking is keeping it local - Co-Operative News | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
The future of co-operative and mutual banking is keeping it local
Co-Operative News
It could be co-operative currencies.
John Boik's insight:

"There is an emerging body of work that points to the potential for a renewal of local banking. "

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Local, self-sufficient, optimistic: are Transition Towns the way forward?

Local, self-sufficient, optimistic: are Transition Towns the way forward? | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Locally grown food, community-owned power stations, local currencies … can small-scale actions make a difference?
John Boik's insight:

Hopkins: "There is no cavalry coming to the rescue, but what happens when ordinary people decide that they are the cavalry?"

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Center for Planetary Culture | Can Corporations Make the Big Pivot?

Center for Planetary Culture | Can Corporations Make the Big Pivot? | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
Center for Planetary Culture advances new ideas and solutions to today’s most challenging ecological, social, and political issues.
John Boik's insight:

"The deeper paradigm shift would be from competition to cooperation, or from late-stage capitalism to what John Boik of the Principled Societies Project calls 'economic direct democracy'."

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Brixton Pound uses BLE to let residents pay local businesses with their mobiles - NFC World

Brixton Pound uses BLE to let residents pay local businesses with their mobiles - NFC World | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
NFC World Brixton Pound uses BLE to let residents pay local businesses with their mobiles NFC World Businesses across the London district of Brixton are to be equipped with Bluetooth beacons that will allow residents to make mobile payments using...
John Boik's insight:

Paying for goods and services with community currency using a smartphone.

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How Farmer's Market Friendly Is Your State?

A 2014 locavore index ranks states based off of their commitment to providing local food. (Great news! http://t.co/mFc5bEh1n6)
John Boik's insight:

I'm in Texas, and uggg...we are last in the list.

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One Bitcoin group now controls 51% of total mining power, threatening entire ... - ExtremeTech

One Bitcoin group now controls 51% of total mining power, threatening entire ... - ExtremeTech | Local Currencies, Local Investment, and the Emerging New Economy | Scoop.it
SlashGear
One Bitcoin group now controls 51% of total mining power, threatening entire ...
John Boik's insight:

Bitcoin is popular, and interesting.  But other approaches might have more social merit.

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