TimeBank
62 views | +0 today
Follow
 
Rescooped by HRMG444jks from The Beacon
onto TimeBank
Scoop.it!

#WaveOfAction For A New Economic Paradigm

#WaveOfAction For A New Economic Paradigm | TimeBank | Scoop.it

 

Written by Daniel Schmachtenberger, Critical Path Global in support of the Worldwide Wave.

 

Economics, Values and Our Collective Fate

 

Underneath and driving all of the major problems in our world is the fact that people are more financially incentivized to perpetuate them than to solve them. As long as killing a whale confers a million dollars of advantage to a fishing company, while leaving it alive confers none, we will continue to hunt whales towards extinction. As long as a millennia old redwood tree is worth no specific amount to us alive, but worth $100k as timber, we will continue destroying the tiny percentage of old growth forests we have left.

 

Based on a very old, primitive and barbaric dominator worldview, our economic system doesn’t ask if they are ours to take, and doesn’t factor whose balance sheet the costs show up on.

 

How different is this in its fundamental rationale, than taking Africans as slaves for the economic value their “free” labor conferred? That was not that long ago. If you look at the conditions of the labor force in the third world responsible for manufacturing almost all our goods, you will realize that this still hasn’t changed as much as we’d like to think. Our goods economy was built upon and requires the continuance of cheap labor resulting from extreme economic disparity. Get that: our current economic system could not function with anything near economic equality for all.

 

Even if a regulation is put in place, when the liability limiting status of a corporation means the consequence for violating it is just a fine, then the price for breaking the law is simply factored as a cost of doing business.

 

As long as sick people are worth more to a for-profit medical system than well people, then the success of some of the most powerful organizations on the planet will continue to require optimal human thriving not to occur.

 

As long as news stations are for-profit corporations that stay in business by selling advertising to the large corporations that can afford those marketing budgets, airing news that is not in the fiscal interest of their advertisers would put them out of business. As long as coal companies are allowed to externalize the majority of the cost of producing coal-energy to the environment in the form of mercury vapor, carbon dioxide, zinc and nitric oxide emissions, etc, as well as the ecosystem destruction involved in the mining to acquire the coal… we will continue to hear the insane nonsense that solar isn’t cost competitive yet.

 

If we actually factored into the cost of coal or other fossil fuels the cleanup energy required to achieve a net neutral environmental effect, solar and other renewables would proliferate globally within a year, taking us off the self-induced extinction path we are currently on with climate change and ocean acidification. These issues simply can’t wait for solar to become cost competitive in a rigged game where almost all the costs are externalized on the other side.

 

As long as war is profitable to the tune of trillions, with the military industrial complex being the largest sector of for-profit economics… the most powerful institutions in the world require war and threats of war for their continued existence. Given the percentage of the total profit steam it represents, the economy as a whole requires it.

 

We have a global economic system developed in the context of managing poverty, sickness, and war… and would collapse from real solutions to any of these issues. We have an economic system that because of interest and fractional reserve banking, requires continuous exponential growth to even maintain homeostasis, which is simply impossible on a finite planet. The extractionary and waste producing system that developed with less than a billion people and relatively low technology, does not work with 7 billion people and high technology.

 

This economic system is extinctionary, and it is a made up system. It is not a natural system like physics or biology or ecology. It is a system humans made up, based on an old and very poor understanding of our world.

 

The crux of the problem is that this made up system–economics–interacts with and affects a fundamental system–ecology–without understanding it well, in ways that are incommensurate. Meaning, either we change the structure of economics to work sustainably with the inescapable reality of how our planet works, or our made-up system will self-terminate. There are no other options.

 

If our intelligence and ethics don’t change this system, then the inescapable reality of resource limits will. The only way to prevent the forced collapse of the system is to actively redesign it. The difference between the two paths is how much unnecessary suffering we let happen in the process, and how much earth we have left to work with.

 

Economics is the codification of our collective human values into a value equation that then determines how science and technology get applied to create industry, infrastructure, and ultimately, society.

 

Valuing a dead whale over an alive one, or a dead tree or forest, or a lower economic class that can provide cheap labor, or sick people over healthy ones… shows a value system that sees the rest of the world as commodities for us. Not as unique sentient co-inhabitants with their own right to life and intrinsic value.

 

Valuing something that’s scarce more than the same thing if it were abundant shows a competitive rather than symbiotic interest, that values things that offer differential advantage over others, rather than advantage for everyone.

 

This worldview of being separate and in competition for scarce resources, where everyone and everything else is seen either as commodity or threat, conditions empathy out of the whole population, leads to rationalizing violence, prevents real connection, and is rapidly destroying our world.

 

We live on a small, fragile, organic spaceship. We are all co-inhabitants of this tiny, exquisite biosphere, all affecting and being affected by the whole. Our fates and well-being are inseparably intertwined. We need a new story and new global values that recognize this… and a new system of economics based on these new values.

 

That does not externalize or incentivize harm.
That is not based on continuous extraction.
That does not force ubiquitous competition and the desensitization that goes along with it.
That does not require or permit gross inequity.
That does… recognize our fundamental interconnectedness and that honors the dignity and rights of all the inhabitants of this biosphere.

 

This is possible. And it is the necessary work of this generation. Nothing less than this is adequate to address the magnitude and urgency and scope of the self-induced challenges we face… or to realize our true, full individual and collective potentials.

 

We do not have many separate problems to solve. We just have multiple symptoms of one core issue: a primitive and maladaptive worldview and the resultant global economic system, one that pits individual’s personal desires against their responsibility to the collective good.

 

The issues are not the result of a few bad guys at the top. The top 1% are as much a result of this system as they are perpetuators of it. The real perpetrator is our collective ignorance of our interconnectedness and interdependence, codified in separate and competitive interest power structures.

 

The answer is not to rail against the top of this misguided system. That has happened countless times in history, where the energy of againstness itself ensured that the overthrowers eventually become the new tyrants.

 

The answer is to build a fundamentally new system, based on new understandings. A system that meets needs so much more effectively that it obsoletes the old one. That is our call to action: a ground-up redesign of human civilization. 

 

~ Daniel Schmachtenberger is a social engineer and evolutionary philosopher and strategist. He is the founder of Critical Path Institute, a research and design initiative aimed at developing an integrated set of technologies and processes capable of organizing and supporting a distributed and continually updating comprehensive critical path management system for humanity’s total evolution.


Via Gary Yarus
HRMG444jks's insight:

Schmachtenberger contends that our current economy is inherently predisposed toward economic disparity, and that the utility of goods or resources are viewed with a narrow-minded frame. The use of examples highlights our biased representation of commodities and resources, in turn showing the way in which our economic paradigm exploits us and continues to perpetuate inequality. He calls for the development of a new system to replace the archaic economic framework we use, based on that which doesn’t profit from perpetuation of the sick, destruction of our environment, or enslave the people. Some may see it as radical, but when you think about the fact that we are on a self-induced path to extinction, is it really that radical?

 

Schmachtenberger, D. (n.d.) Wave of action for a new economic paradigm. Retrieved from https://waveofaction.org/waveofaction-for-a-new-economic-paradigm/

more...
No comment yet.
Your new post is loading...
Your new post is loading...
Rescooped by HRMG444jks from Alliance for Experiential Learning in Law
Scoop.it!

Law professor calls for social change

Law professor calls for social change | TimeBank | Scoop.it
Edgar Cahn LAW ’63 claimed that advances in technology, climate change and the aging of the baby boomer generation will generate a change in the law profession in a YLS talk.

Via NuLawLab
HRMG444jks's insight:

This is an interesting article link which talks about social injustice created by a global culture reliant on money. The article talks about the big disparities and social gaps money and power have created amongst us and how if we are not careful, even our legal justice systems might soon too fall apart. The article is a short but interesting read, especially because of its thought-provoking ability to get us thinking about relying on money to save us and question our relationships with others in our community and why and how the relationships between people in the community have become rather distant and less trusting. The article explains how we have as a global people become so caught up in trying to survive and earn more money that we are now dedicating less and less time to connecting and contributing to the world around us and building stronger and more resilient communities.

more...
No comment yet.
Scooped by HRMG444jks
Scoop.it!

Waikato businessman provides employment for disabled people - Scoop.co.nz (press release)

Waikato businessman provides employment for disabled people - Scoop.co.nz (press release) | TimeBank | Scoop.it
Service station owner Selwyn Cook has provided employment for scores of people with a disability, injury or illness. Now his vision and passion to help people into the workforce has been recognised at a glittering awards event.
HRMG444jks's insight:

This newspaper article showcases a Hamilton businessman who hires people with disabilities too to work in his Z service stations across the Waikato. This story and the attitude of this particular businessman is profound due to many employers these days discriminating against people with disabilities, yet this business owner has been open enough to offering everyone an equal opportunity, hiring based on skills and abilities. The story relates to the social movement of TimeBanking through the values expressed in the story - social equality and community wellbeing. These concepts are at the heart of the TimeBanking movement and make it tick and business owners such as Selwyn have increasingly become the minority as the market becomes more competitive, yet business owners such as the one mentioned deserve to be congratulated for their fair and open-minded attitudes and treating everyone equally and giving everyone equal opportunities, despite individual differences. However, because in reality these employers are the exception not the rule in today's society, continued praise and recognition is especially deserved and owed to business owners such as this. We can only hope that more employers make the effort to follow in this business's footsteps and grant everyone the equal opportunities needed to prove themselves and help flatten social and class hierarchies and increase community wellbeing.

more...
No comment yet.
Rescooped by HRMG444jks from Peer2Politics
Scoop.it!

Timebank by e-flux |

Timebank by e-flux | | TimeBank | Scoop.it

time/bank is a platform where groups and individuals can pool and trade time and skills, bypassing money as a measure of value. time/bank is based on the premise that everyone in the field of culture has something to contribute and that it is possible to develop and sustain an alternative economy by connecting existing needs with unacknowledged resources.


Via jean lievens
HRMG444jks's insight:

Tis article looks into the concept of TimeBank. It emphasis the fact that everyone in the field of culture has something to contribute. It looks at the step by step guides to TimeBank. Who TimeBank is for and how the change is helping create the change needed today. 

more...
No comment yet.
Rescooped by HRMG444jks from Peer2Politics
Scoop.it!

Alternative Currencies: A True Story

Early draft of a documentary featuring interviews with three experts in alternative currencies: Bernard Lietaer, author of The Future of Money and longtime proponent of complementary currencies, Edgar Cahn, founder of Timebanks USA, and Paul Glover, founder of Ithaca Hours. Produced by the Community Economies Research Group in Western MA.

 
Via jean lievens
HRMG444jks's insight:

A little video clip to introduce the notion of alternative currencies to the current use of money as a medium of exchange. Useful for those who wish to avoid a long-winded debate, and offers the alternatives in a clear and concise way. It also briefly "walks" the viewer through the application of alternative currencies 

 

Alternative currencies: A true story. (n.d.). Retrieved from http://vimeo.com/10364866

more...
No comment yet.
Rescooped by HRMG444jks from Empathy Magazine
Scoop.it!

“People Who Are Loveable Do Better": Edgar Cahn and the Economics of Empathy

“People Who Are Loveable Do Better": Edgar Cahn and the Economics of Empathy | TimeBank | Scoop.it

 Edgar Cahn, an Ashoka Fellow, is the founder of TimeBanks and CareBanks. Founded as a way to involve communities in promoting systems of self-help, TimeBanks offers an alternative currency system to recognize and reward reciprocal contributions of service, and today operates in more than 70 countries worldwide. Considered the father of clinical legal education, Cahn is co-founder of the Antioch School of Law, the first law school in the United States to educate law students primarily through clinical training in legal services to the poor.

 

Ashoka recently talked to Cahn as part of an on-going series of interviews designed to explore what empathy is all about, and to uncover specific strategies for cultivating it.


Via Edwin Rutsch
HRMG444jks's insight:

From the man himself, Edgar Cahn is interviewed by Ashoka on empathy and the its interaction with TimeBanking. Essentially what he is saying, is that all people are predisposed to empathetic feelings, but the current economic system leads us away from that in favor of what is marketable about ourselves. It makes for a compelling read in regard to the intrinsic benefits within TimeBanking.


This is a link to the website of ‘Ashoka,’ the largest group of social entreprenuers worldwide and their interview with Edgar Cahn, the founder of TimeBanks and Carebanks wordwide. The interview is primarily addressing the concept of empathy and why this is extremely important in today’s world for basic survival purposes.

The interview elicits some very thought provoking and deep and meaningful insights as to how we have been trained to think of money as our only medium of exchange and the main necessity to survive and live our lives on earth. However, the notion of interconnectedness and the importance of our personal well-being, influenced in a major way by the people in our lives is expressed as being the true key to survival.

This interview also presents the notion that TimeBanking can  enhance our self-esteem. The article suggests that money can have a negative effect on our society by devaluing instead of appreciating our more basic human qualities. TimeBanking is really rewarding in terms of our self-esteem and wellbeing and offers a medium by which we can still feel valued and appreciated for who we are and what we have to offer as human beings.

Another interesting point in this interview with regards to TimeBanking is that the movement allows for the opportunity to get personal with other human beings and consider the world and others outside of ourselves.

The interview also talks about the culture around the TimeBanking movement which is people who are more loving do better.


Townsend, J. C. (2011). "People who are lovable do better": Edgar Cahn and the economics of empathy. Retrieved from https://www.ashoka.org/story/people-who-are-loveable-do-better-edgar-cahn-and-economics-empathy

more...
No comment yet.
Rescooped by HRMG444jks from Peer2Politics
Scoop.it!

How to Share Time Through Timebanking

How to Share Time Through Timebanking | TimeBank | Scoop.it

During the last two great depressions in the US, hundreds of thousands (possibly millions) of people organized to meet their basic needs when the mainstream economy and centralized monetary system failed them. Unemployed poor folks got together to create time dollar stores, cooperative mills, farms, healthcare systems, foundries, repair and recycling facilities, distribution warehouses, health care systems, and a myriad of other service exchanges.

 


Via jean lievens
HRMG444jks's insight:

Timebanking has been around for decades, though not necessarily in this salient form. Through both depressions where the monetary system essentially failed, forms such as Timebanking and bartering rose to meet the needs of the masses. Cooperatives and increased interdependence were a secondary product of these alternative forms of exchange. These increases inevitably contribute to aiding the underprivileged, and fostering reciprocity. The process of Timebanking involves participants signing up to it, and then the system matches people whom can meet each other’s needs. The “hours” can be banked, and then redeemed at a later date.

more...
No comment yet.
Scooped by HRMG444jks
Scoop.it!

Edgar Cahn: In His Own Words, "Collective Memory"

Edgar Cahn: In His Own Words, "Collective Memory". Produced by the Genesee Community Network March 2012.
HRMG444jks's insight:

This short clip explains the two critical ingredients that allow the TimeBanking movement to prosper, those being trust and reciprocity. Cahn, the founder of the movement explains how TimeBanking databases act as a collective memory as well as a personal testimony which helps promote trust and connectedness amongst the users of the TimeBanking system. The video is useful in understanding two key values underlying the social movement.

more...
No comment yet.
Rescooped by HRMG444jks from Peer2Politics
Scoop.it!

Paul Hawken Talks About Social and Environmental Movements

Paul Hawken, environmentalist and entrepreneur, believes that the real question of our time is not how social and environmental movements are connected, but rather how they became separated.

Via jean lievens
HRMG444jks's insight:

A video featuring Paul Hawken, talking about the interconnection of people and the environment. Separation of people and the environment, he proposes, was born out of the will of the privileged. It relates to TimeBanking and other social movements through highlighting the importance of contributing to social benefit and environmental improvement. 

 

Hawken, P. (2013). Paul Hawken talks about social and environmental movements. Retrieved from http://on.aol.com/video/paul-hawken-talks-about-social-and-environmental-movements-511953442

more...
No comment yet.
Rescooped by HRMG444jks from Empathy Magazine
Scoop.it!

The Force of Altruism: Basic Recipe For Empathy, Leadership, And Learning To Make A Difference

The Force of Altruism: Basic Recipe For Empathy, Leadership, And Learning To Make A Difference | TimeBank | Scoop.it

How do schools get to the point where kids not only think that they can make a difference, but they actually go out and do it? What is the secret to their success? What did their teachers do right?

 

After interviewing numerous Changemaker Schools across the country to help share their stories, insights and inspiration I discovered that there is a very clear, basic recipe for making a difference at any age. It goes like this: first, start with empathy.

 

Encourage and apply it. Second, work in creative leadership opportunities. Combine them together. Then watch nascent social entrepreneurs grow.The two basic ingredients are always the same.... 

 

1. Start with empathy. Empathy doesn’t just mean treating others better; it means doing better. It is the foundational skill that lies at the core of social change because it is what motivates us toward altruism and cooperation beyond our narrow selfinterests.When people are encouraged to identify and empathize with others, and then act on that feeling, it can become a driving force for change. If it gains enough momentum to reach the tipping point, this force can literally change the course of human history. Sounds like a series of huge leaps of logic, right?

 

By Eleanor Bedford


Via Edwin Rutsch
HRMG444jks's insight:

This piece looks at change makers in schools around the counter. It' helps by sharing stories, insights and inspiration. This is used by using Empathy to incorporate the social change movement. Because it is believed that the core social change is what motivates us. This create the drivers of change. This will at the end lead to more attraction into social change movements like TimeBank.

Then it goes onto talking about how creating leadership plays an important role in TimeBank. Lastly it talks about the critical serect ingredient.  

 

Choose to make a difference: Retrieved from http://startempathy.org/blog/2014/11/force-altruism ;

more...
Barbara Kerr's curator insight, November 26, 2014 11:45 AM

Start with empathy . . .

Rescooped by HRMG444jks from The Beacon
Scoop.it!

#WaveOfAction For A New Economic Paradigm

#WaveOfAction For A New Economic Paradigm | TimeBank | Scoop.it

 

Written by Daniel Schmachtenberger, Critical Path Global in support of the Worldwide Wave.

 

Economics, Values and Our Collective Fate

 

Underneath and driving all of the major problems in our world is the fact that people are more financially incentivized to perpetuate them than to solve them. As long as killing a whale confers a million dollars of advantage to a fishing company, while leaving it alive confers none, we will continue to hunt whales towards extinction. As long as a millennia old redwood tree is worth no specific amount to us alive, but worth $100k as timber, we will continue destroying the tiny percentage of old growth forests we have left.

 

Based on a very old, primitive and barbaric dominator worldview, our economic system doesn’t ask if they are ours to take, and doesn’t factor whose balance sheet the costs show up on.

 

How different is this in its fundamental rationale, than taking Africans as slaves for the economic value their “free” labor conferred? That was not that long ago. If you look at the conditions of the labor force in the third world responsible for manufacturing almost all our goods, you will realize that this still hasn’t changed as much as we’d like to think. Our goods economy was built upon and requires the continuance of cheap labor resulting from extreme economic disparity. Get that: our current economic system could not function with anything near economic equality for all.

 

Even if a regulation is put in place, when the liability limiting status of a corporation means the consequence for violating it is just a fine, then the price for breaking the law is simply factored as a cost of doing business.

 

As long as sick people are worth more to a for-profit medical system than well people, then the success of some of the most powerful organizations on the planet will continue to require optimal human thriving not to occur.

 

As long as news stations are for-profit corporations that stay in business by selling advertising to the large corporations that can afford those marketing budgets, airing news that is not in the fiscal interest of their advertisers would put them out of business. As long as coal companies are allowed to externalize the majority of the cost of producing coal-energy to the environment in the form of mercury vapor, carbon dioxide, zinc and nitric oxide emissions, etc, as well as the ecosystem destruction involved in the mining to acquire the coal… we will continue to hear the insane nonsense that solar isn’t cost competitive yet.

 

If we actually factored into the cost of coal or other fossil fuels the cleanup energy required to achieve a net neutral environmental effect, solar and other renewables would proliferate globally within a year, taking us off the self-induced extinction path we are currently on with climate change and ocean acidification. These issues simply can’t wait for solar to become cost competitive in a rigged game where almost all the costs are externalized on the other side.

 

As long as war is profitable to the tune of trillions, with the military industrial complex being the largest sector of for-profit economics… the most powerful institutions in the world require war and threats of war for their continued existence. Given the percentage of the total profit steam it represents, the economy as a whole requires it.

 

We have a global economic system developed in the context of managing poverty, sickness, and war… and would collapse from real solutions to any of these issues. We have an economic system that because of interest and fractional reserve banking, requires continuous exponential growth to even maintain homeostasis, which is simply impossible on a finite planet. The extractionary and waste producing system that developed with less than a billion people and relatively low technology, does not work with 7 billion people and high technology.

 

This economic system is extinctionary, and it is a made up system. It is not a natural system like physics or biology or ecology. It is a system humans made up, based on an old and very poor understanding of our world.

 

The crux of the problem is that this made up system–economics–interacts with and affects a fundamental system–ecology–without understanding it well, in ways that are incommensurate. Meaning, either we change the structure of economics to work sustainably with the inescapable reality of how our planet works, or our made-up system will self-terminate. There are no other options.

 

If our intelligence and ethics don’t change this system, then the inescapable reality of resource limits will. The only way to prevent the forced collapse of the system is to actively redesign it. The difference between the two paths is how much unnecessary suffering we let happen in the process, and how much earth we have left to work with.

 

Economics is the codification of our collective human values into a value equation that then determines how science and technology get applied to create industry, infrastructure, and ultimately, society.

 

Valuing a dead whale over an alive one, or a dead tree or forest, or a lower economic class that can provide cheap labor, or sick people over healthy ones… shows a value system that sees the rest of the world as commodities for us. Not as unique sentient co-inhabitants with their own right to life and intrinsic value.

 

Valuing something that’s scarce more than the same thing if it were abundant shows a competitive rather than symbiotic interest, that values things that offer differential advantage over others, rather than advantage for everyone.

 

This worldview of being separate and in competition for scarce resources, where everyone and everything else is seen either as commodity or threat, conditions empathy out of the whole population, leads to rationalizing violence, prevents real connection, and is rapidly destroying our world.

 

We live on a small, fragile, organic spaceship. We are all co-inhabitants of this tiny, exquisite biosphere, all affecting and being affected by the whole. Our fates and well-being are inseparably intertwined. We need a new story and new global values that recognize this… and a new system of economics based on these new values.

 

That does not externalize or incentivize harm.
That is not based on continuous extraction.
That does not force ubiquitous competition and the desensitization that goes along with it.
That does not require or permit gross inequity.
That does… recognize our fundamental interconnectedness and that honors the dignity and rights of all the inhabitants of this biosphere.

 

This is possible. And it is the necessary work of this generation. Nothing less than this is adequate to address the magnitude and urgency and scope of the self-induced challenges we face… or to realize our true, full individual and collective potentials.

 

We do not have many separate problems to solve. We just have multiple symptoms of one core issue: a primitive and maladaptive worldview and the resultant global economic system, one that pits individual’s personal desires against their responsibility to the collective good.

 

The issues are not the result of a few bad guys at the top. The top 1% are as much a result of this system as they are perpetuators of it. The real perpetrator is our collective ignorance of our interconnectedness and interdependence, codified in separate and competitive interest power structures.

 

The answer is not to rail against the top of this misguided system. That has happened countless times in history, where the energy of againstness itself ensured that the overthrowers eventually become the new tyrants.

 

The answer is to build a fundamentally new system, based on new understandings. A system that meets needs so much more effectively that it obsoletes the old one. That is our call to action: a ground-up redesign of human civilization. 

 

~ Daniel Schmachtenberger is a social engineer and evolutionary philosopher and strategist. He is the founder of Critical Path Institute, a research and design initiative aimed at developing an integrated set of technologies and processes capable of organizing and supporting a distributed and continually updating comprehensive critical path management system for humanity’s total evolution.


Via Gary Yarus
HRMG444jks's insight:

Schmachtenberger contends that our current economy is inherently predisposed toward economic disparity, and that the utility of goods or resources are viewed with a narrow-minded frame. The use of examples highlights our biased representation of commodities and resources, in turn showing the way in which our economic paradigm exploits us and continues to perpetuate inequality. He calls for the development of a new system to replace the archaic economic framework we use, based on that which doesn’t profit from perpetuation of the sick, destruction of our environment, or enslave the people. Some may see it as radical, but when you think about the fact that we are on a self-induced path to extinction, is it really that radical?

 

Schmachtenberger, D. (n.d.) Wave of action for a new economic paradigm. Retrieved from https://waveofaction.org/waveofaction-for-a-new-economic-paradigm/

more...
No comment yet.
Rescooped by HRMG444jks from Peer2Politics
Scoop.it!

Discussing time banking and taxation: no Euro Taxation but Complementary Taxation ?

Discussing time banking and taxation: no Euro Taxation but Complementary Taxation ? | TimeBank | Scoop.it

“Instead of euro taxes then, a complementary tax as a timetax can be further strengthening the workings of the timebank, and further contribute to a strenghtening of participation in civil society, the cooperative economy, and a democratising of the public sphere … In the Helsinki timebank, members choose to which ethical actor in the timebank they put their small 2% tax which goes from each hour exchanged”. – Ruby van der Wekken*.


Via jean lievens
HRMG444jks's insight:

An interesting discussion around taxation of TimeBanking and complementary taxation. Bauwens makes use of different locations where TimeBanking is taking place, and the dilemma faced by them in relation to taxation. One idea of Civics as a local tax paid by participation in local projects which have been decided upon democratically. Useful to touch upon many areas of taxation in relation to TimeBanking, but not enough by itself. 

 

Bauwens, M. (2013). Discussing timebanking and taxation: no Euro taxation but complementary taxation? Retrieved from http://blog.p2pfoundation.net/discussing-time-banking-and-taxation-no-euro-taxation-but-complementary-taxation/2013/07/21

more...
No comment yet.
Rescooped by HRMG444jks from Peer2Politics
Scoop.it!

Timebanking 2.0

Timebanking 2.0 | TimeBank | Scoop.it

Between 19-23.6.2013 the second international complementary currency conference took place in The Hague, Holland. These five days (two academic days, one policy makers day, 2 practitioner days), presented a great opportunity to hear from around the world different experiences with regards to different complementary and community currencies (LETS, timebanks, regional currencies, Barter, Brixton pond, Bristol pound, from countries as Argentina, Brasil, Canada, Costa Rica, England, France, Germany, Greece, Holland, Kenya, Korea, Japan, Spain, and the US).


Via jean lievens
HRMG444jks's insight:

TimeBanking 2.0  is basically about how TimeBank started off. What it means. How it has evolved in different countries. For example "Besides good learning and meeting up with wonderful people engaged in similar endeavours as we are with Timebanking in Finland, the conference created an awareness that in fact we can speak of a global movement focussing on currencies (money is only one form of currency, with the money as debt system as we know it), exchanges, relationships between people and nature."


TimeBank 2.0 retreived from:https://aikaapankista.wordpress.com/2013/07/08/timebanking-2-0/

more...
No comment yet.