DYNDY Reader AC-Adaptor 0.8

The crisis goes on, and so does DYNDY in its effort at proposing new effective landscapes for structurally counteracting the institutionalization of austerity. The goal is to set viable standards for beginning to live the future of money, in the present. During the past year, DYNDY has been critically active within Hacklabs, Social Centers and occupied theaters, alongside with international policy institutions like the United Nations, academic circles, the Complementary Currency... Read More

Our Future, Our Money: the Design of Currency Systems

“The only way to learn is by doing. [The point is] to learn in order to realize goals that were previously considered as unimaginable”. Michael Hardt and Antonio Negri. Capitalism is ontologically (and almost economically) dead, thus we do not need the kind of transitory revolutions that characterized the relation of opposition between those who produce real value and those who simply invest capital for production to occur. Another transitory revolution would cause... Read More

The Solution offered by the Analogy with Process Ecology: CCCs – Community and Complementary Currencies

In the money creation process, the monopoly of a monoculture of national currencies frames a system, which is constitutively characterized by a significantly fragile structure. The eventual focus on the efficiency of the system in processing higher and higher volumes of national currencies toward necessary growth for increasing the size of total global trade has meant the total distraction from the care of those systemic parameters, which are necessary to safeguard a sustainable... Read More

Process Ecology: the lesson from Nature for assessing the Monetary System

Orthodox monetary economics impels a conception of modern bank money, which cogently shape – and adversely influence – the performance of the conventional monetary system. However, there is room for arguing in favor of solutions. “We now have scientific evidence that a structural fault is indeed involved in generating financial crashes”. – Bernard Lietaer   In particular, modern bank money triggers system’s failures, i.e. banking and monetary... Read More

C3 – Uruguay

The primary driving mechanism for the functioning of the conventional monetary system is fiat-money central banking. The booms and busts impelled by such systemic configuration drive economies toward full employment in booming periods, but then, during busts, they create significant unemployment. During contractive stages of the business cycle such as that one initiated with the credit crisis of 2008, the Commercial Credit Circuit – C3 – creates more liquidity in the... Read More

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