Quote:
Originally Posted by Cymatic Veilbegone
just read this intriguing article by Charles Eisenstein (Reality Sandwich; Daniel Pinchbeck) ... Im no financial or economic expert, but there seems to be some substance to this...and it may not be overly idealistic....
"The Money of the Future...And how to implement it right now
The purpose of this currency is to be, initially, complementary to standard national currencies and eventually, in the event of economic meltdown, a replacement for them. Its design emphasizes the following features:
1. It can be implemented right now as an electronic currency, with modest programming resources. We don't need to sit around hoping for change. We can do this right now; and in fact, this currency will promote change.
2. It reverses the destructive characteristics of ordinary currency that foster polarization of wealth, greed, scarcity, and short-term thinking.
3. Its mechanics of issuance promotes positive trends in the larger economy (toward sustainability, fair trade, etc.)
4. It is a fully-backed, non-inflationary currency, and the money supply is self-regulating.
5. It has an organic built-in imperative to spread. Users have a strong incentive to bring in other users and businesses. ...."
http://www.ascentofhumanity.com/newmoney.php
Aside from this, Eisenstein seem to be a pretty sincere guy, allowing "pay what you want or dont" payments for the book he spent 10 years writing, "The Ascent Of Humanity"
Maybe this will inspire support, I would certainly buy into it if there were a critical mass of support for this. Is this too unrealistic, or is this worth getting behind? |
LETS systems may also be a solution.
This system , which has been deployed around the world, creates a bill of exchange or promise to pay between to parties, similiar to barter, but has a registry to keep track of transactions and who has promised what. There is a website somewhere where the whole system, including operating manuals, can be downloaded. This may be worth looking at as a transitional position as it makes each participant responsible for their commitments and weeds out those who don't.