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
Occcu: Occupy Currency – Basic-Income Global Community Currency
Alternative forms of money are designed to compete directly against global financial power, and this is a good news. Indeed, on 28 January 2012 at the gates of the World Economic Forum held in Davos, it was presented to the media a new version of community global currency, i.e. the OCCupy-CUrrency or Occcu. The project has been developed in Austria by a team of students led by Roland Alton Scheidl at Vorarlberg University of Applied Sciences with the aim to offer a Basic-Income... 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
Action in London, Revolutionary Credit Cards
On the 25th of March 2011 hundreds of the revolutionary credit cards were distributed at strategics places around London. Today, the action will join the protests in the city against the public sector cuts caused by the so called economic recession. The Gift Finance is a real alternative, a new model that allows anyone to create money, giving back monetary power to the people. The same people who are victims of the incompetent banking sector. Financial institutions are legally... Read More
