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

Designing the Credit Commons: Autonomist Cooperative Direct Credit Clearing

The under perfoming state in which the global monetary system finds itself today invites to seek for  more viable alternatives to perpetual repayment of coumpounded interest-bearing debt.  The Credit Commons in the form of re-appropriation of the means of  production / creation of money are the natural evolution to a post-capitalist economic system, and society. The goal is to democratize money by reverse-engeneering the existent clearing system and eliminating the need for... Read More

Towards Money as a Common: the Digital-Coin Rule for a Free Society

The issue around the nature of money is critical in present  economic times. We are in a situation whereby the incapacity to re-define how we deal with money could resolve in an a severe damage to society as we commonly refer to it: contrary to what happens with information systems, there are no backups with money systems. Since the Internet revolution – and also as parts of national communities – we are almost unconsciously as well as coercively using national currencies. “Of... 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

The Analogy with Process Ecology applied to Monetary Economics

The analogy between process ecology and monetary economics will give those required underpinnings for allowing a smooth monetary shift from a mature industry society to a new post-industrial one through the definition of new kinds of agreement, which will complement the conventional one. Indeed, by the endorsement of newtonian physical determinism, industrial society stood on the assumption that the world is predictable and, therefore, information for its management has to be... 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 crashes... Read More

Ecology of Money

People who say it cannot be done should not interrupt those who are doing it. - Jack Canfield and Mark Victor Hansen   An ‘ecology of money’ seeks the careful management of the conventional monetary system in a sustainable way both by mimicking natural ecosystems’ structure and by adding new currencies through tailor-made discursive and textual practices: new agreements formulated in natural language and new ways to deal with transactions’ management by means... Read More

NU Spaarpas – The Netherlands

Another exemplification of the possible complementarity between conventional money (i.e. the Euro) and other types of currencies comes from the domain of ‘green currencies‘. For instance, according to Peter North, in Rotterdam the NU Spaarpas was a ‘green loyalty point’ currency that was piloted from May 2002 to September 2003. ‘Green points’ were earned when residents separated their waste for recycling, used public transport, or used locally owned shops. Residents... Read More

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