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Currency as a commons - currencies that work!

Currency as a commons - currencies that work! | The Next Edge | Scoop.it

Currency as a commons - currencies that work!

Increasing awareness is existing that 97% of money is created by private banks as they issue loans to us, and because almost all money is created through instruments which require repayment and interest, there is always more debt than money. Loans are issued to serve economic activity, and as such a growth imperative is created which purports the need to increasingly exploit (commodify) more of life, of resources, to pay back the interest on the debt.

 

Redesigning the role of Money and redesigning Currency as a commons

 

A second approach then wants to redesign the role of money, or to redesign money itself as a commons. The first would be happening by money not being issued by private banks, but by the state, and geared towards common goals and objectives set by the community of users, its citizens. The second angle then is concerned with redesigning currency itself as a commons, poses as a central question, how do we design currencies to foster human relationships?


Out of the experiences of the development process around Helsinki Timebank another angle was discussed in the workshop, namely that of the development of a currency as a pedagogical process, bringing people together to learn and engage in commoning (the co-governing and carrying of responsibility for our currency commons).

 

via @knowledgEnabler

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Against the Professional Cooptation of Community - P2P Foundation

Against the Professional Cooptation of Community - P2P Foundation | The Next Edge | Scoop.it

E.F. Schumacher:


"The professional co-option of community efforts to invent appropriate techniques for citizens to care in community has been pervasive. Therefore, we need to identify the characteristics of those social forms that are resistant to colonization by service

technologies while enabling communities to cultivate and care. These authentic social forms are characterized by three basic dimensions: they tend to be uncommodified, unmanaged, and uncurricularized.


The tools of the bereavement counselor make grief into a commodity rather than an opportunity for community. Service technologies convert conditions into commodities and care into service.


The tools of the manager convert communality into hierarchy, replacing consent with control. Where once there was a commons, the manager creates a corporation.


The tools of the pedagogue create monopolies in the place of cultures. By making a school of every-day life, community definitions and citizen action are degraded and finally expelled.


It is this hard-working team—the service professional, the manager, and the pedagogue—that pulls the tools of "community busting" through the modern social landscape. If we are to recultivate community, we will need to return this team to the stable, abjuring their use."

 

http://web.archive.org/web/20050207124554/http://www.smallisbeautiful.org/lec-mck.html

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NathalieMezza-Garcia's comment, July 22, 2012 1:08 PM
Excelent!!!
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Colin Mutchler - The Possibility of Open

LoudSauce-founder and performance artist Colin Mutchler explores the creative possibilities in a world of shared content.
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Peer-to-peer production and the coming of the commons

Peer-to-peer production and the coming of the commons | The Next Edge | Scoop.it

Our proposal is that the users of the commons should be commons-friendly enterprise structures and not profit-maximising companies. These ethical companies, whose members are the commoners/contributors themselves, would be organised as global open design companies. These would be linked to networks of small factories that produce on the basis of shared values and could more easily adopt open-book management, open recruiting and open supply lines, ensuring transparency to the whole network, in order to create maximum mutual alignment between participants. This is simply an extension of the existing organisational practices of ‘immaterial commons production’, which combines full transparency of all actions with negotiated coordination. (...)

 

It requires distributed access to physical places for collaboration – co-working centres – as well as the widespread possibility for peer learning. Distributed access to financial capital is a further condition, notably crowd-funding, social lending and distributed, decentralised currencies such as cryptography-based digital money Bitcoin. The spread of these peer to peer forms of funding has already attracted the attention of the Bank of England executive director, Andrew Haldane, who has suggested that peer to peer finance models could sweep away the inefficient retail banks before too long.

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The Shared Patterns of Indigenous Culture, Permaculture and Digital Commons

The Shared Patterns of Indigenous Culture, Permaculture and Digital Commons | The Next Edge | Scoop.it

I love the idea of “catchment in webs of trust” – Blais’ idea that extended networks of trust can begin to harness flows of energy within a group of people. The community can then become a generative social infrastructure for all sorts of amazing endeavors.

Blais urges to go even a step further, however, by recognizing that we must somehow “move beyond the logic of commons/enclosed, of free/private” so that the intrinsic dynamics of nature – beyond human control – can have their play.

 

She cites the Six Nations of the Lakota, who suggested in the late 1940s that even the very notion of human rights needs to evolve:

 

- There is a hue and cry for human rights – human rights, they said, for all people. And the indigenous people said: What are the rights of the natural world? Where is the seat for the buffalo or the eagle? Who is representing them here in this forum? Who is speaking for the waters of the earth? Who is speaking for the trees and the forests?

 

One can imagine the commons being the crucible for an enlarged conception of human rights — one that more closely integrates human needs with those of the rest of the bio-physical world.”

 

- Michel Bauwens

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The Commons at the Core of our Next Economic Models?

The Commons at the Core of our Next Economic Models? | The Next Edge | Scoop.it

Could a new economic model be built around the commons? Think a minute. What are the commons? All the things that we inherit from past generations that we 'find' around us, which enable our livelihood. The natural, genetic, material, physical, social, cultural, intellectual, creative resources; the capital and assets that belong to no one or to humanity collectively, that enable us to become what we can become, live what we can live, access what we can access, accomplish what we can accomplish and evolve as part of an ecosystem. They are the pillars around which the social and economic couplings can be catalyzed, where the corporation can meet society’s needs and where economy can meet ecology.

 

by @HeleneFinidori

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The 'Democratization Of Energy' Will Change Everything

The 'Democratization Of Energy' Will Change Everything | The Next Edge | Scoop.it

"The Third Industrial Revolution will move apace over the next several decades, probably peaking around 2050, and plateau in the second half of the 21st century. Already, in the shadow of its ascending bell curve, we can see a new economic era that will take us beyond the industrious mode that characterized the last two centuries of economic development and into a collaborative way of life. The metamorphosis from an industrial to a collaborative revolution represents one of the great turning points in economic history." - Jeremy Rifkin

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