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Adventures in mutual credit

E C Riegel quotes pop up all through the Money as Debt series, and he is a favourite of Tom Greco as well. This short book (...
The Credit Commons Collective is collaboration between, initially at least, three community currency networks. CES has been providing community currency software-as-a-service since 2002 Community Forge has been providing free web sites for LETS and timebanks since 2009 CES Australia became independent from CES in 2011, to run its own local web server. Despite their social impact, these networks find it very hard to engage software developers, to keep up to date, to embrace recent technologies, to be visible to donors. We see the froth of innovation all around us, beautiful new software...
Below is a visual add for the Money & Society MOOC. If you have completed the MOOC, use this html snippet: <a href = "https://iflas.blogspot.com/2014/12/money-and-society-mooc.html"> <img src = "/sites/matslats.net/files/moocAdAlumni.svg" /> </a> or if you just want to promote it, use this <a href = "https://iflas.blogspot.com/2014/12/money-and-society-mooc.html"> <img src = "/sites/matslats.net/files/moocAd.svg" /> </a> The image will expand...
This paper, co-authored with Jem Bendell is our ticket to stand up at the RAMICS conference in Barcelona next month and invite the major complementary currency networks into cooperation around the next generation of software that we all need. The video shows the session where we presented the paper, and called for stronger cooperation between projects around software.
Does cooperativism work? Since 'political economy' became a subject in the 18th century, the predominant political dichotomy has been framed as labour versus capital. Marx talked about 'control of the means of production' as the essential political power that the workers needed to wrest from the capitalists. A great deal of activism and political theory continues in that vein: Gar Alpowitz work What then must we do? is all about rebuilding worker-owned coops and similar institutions. We have 150 years of history testifying to their effectiveness. The movement has waxed and waned, but...
It is my pleasure to offer you this seminal book in audio format, and my tribute to the authors. It cuts to the root of the linguistic, semantic and structural paradoxes not only of modern fiat money, but its several 'paradigm-of-liquidity' precedents; and reminds us of Keynes' genius in showing us a way towards a stable financial system. Introduction Download (6MB) Section 1: Phenomenology 01 Do we know what the financial markets are 02 Liquidity and Risk 03 What is credit 04 What is money 05 Finance starting from the end 06 Capitalism and debt: a matter of life and death...
In the complementary currency movement most of us have been so preoccupied with our software platforms that we haven't had the capacity to build apps; when apps are built, they are tightly coupled to one platform, making them difficult to share. Building a mobile phone app means defining an API in which all the objects to be manipulated are described field by field. The app and the server send these objects back and forth, and, knowing the fields, the app can apply the data objects to built in templates to display them. In fact the whole user experience is determined by the javascript css...
I've been blogging occasionally about business barter, a sector I would very much like to see disrupted. As a monetary reformer and someone who wants to see an economy that enables trade rather than inhibits it, business barter is the critical tool which is already available and needs no legislative changes. Yet the sector isn't serving those aims at the moment, being highly segmented and very expensive to use. Disruptive business models are needed to make barter more appealing, more affordable and more scalable. That's why I've been encouraged by meeting Laurence...
I just spent rather longer than I care to admit completely revamping the wikipedia article on mutual credit. This seemed valuable to me because that idea has been the focal point of my work, and source of much inspiration, since starting this blog in 2008, and I feel it is a simple yet profound idea which is appreciated only by a few money geeks. In addition I've never seen a definition which satisfied me, rather, people assume what it means, so maybe this article will help some future scholar to better move towards a satisfactory definition!
I've just discovered that the mailing list on my website hasn't been working, so if you receive this by mail, do have a look back at my blog! In particular I'd like to draw your attention though to two things. Firstly in considering how to build on my career so far, how to reduce technical dependence on me, and how the whole complementary currency movement can move forward, I wrote this analysis: Community forge must move on from Drupal! Secondly, thanks so much to Gary Dykstra, the host of 'Bitcoins in Bali', who just recorded and produced this new podcast conversation with me.

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