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
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