---SpiriLogic sponsors / links to relevant information---

 

 

Back to Homepage

 

 

 

 

 

 

 

 

                                                                                                               

Last modified 6 March 2009, First published 26 Feb 2009

Other types of Money?

SpiriLogic moderators:

·          Global: Peter

·          Netherlands: Iwanjka

 

We read at a news site somebody stating that it might be a good idead to have several forms of money (currency) next to each other. We agree. One money system gives no escape when it doesn’t work anymore or collapses (as we are threatened by nowadays).

 

So we started doing some research. Currently, no real alternative exists (off course?). So, what to do? We decided to put our energy in assembling ideas and various initiatives and combine them on this page. See what happens.

 

When you read this, and know of an interesting concept or existing system, please mail it to contact@spirilogic.com, we will list it here.

 

Concepts and links we encountered and found worthwhile mentioning:

No

Short name

Description, status and further information

1

Transition towns

Trigger: “how can our community respond to the challenges, and opportunities, of Peak Oil and Climate Change?”

 

Main concept: do local exchange of values, e.g. services (cooking, cleaning, etc.), food, etc. Links:

·          http://www.transitiontowns.org/

·          Already 146 transition towns!

·          Somebody (Mike Adams) who took a training, and wrote a story about it:

·          A interesting discussion on local vs global sustainable initiatives (containing other interesting links and names).

 

SpiriLogoc feeling:

·          Good concept with sustainable background. Avoids ‘possession’ thinking. Boosts social cohesion and ‘help each other’ feeling. Concept has a structure which people understand and feel good with (not too complex, too much work, etc.)

·          Potential drawback: does not seem to be suitable to become a global value exchange system. What about taxes, at some moment this element pops in when a too large part of the economy flows ‘over’ the transition town concept? How do you connect with the current currency (eg. euro, dollar)? How do you settle your retirement or mortgage with the transition town concept?

 

Primary TalkSpot: We don’t know of any TalkSpot yet.

 

2

Ethical Bank

Trigger: local sustainable systems. A relation (Bruce B. Cahan) is establishing a GoodBank (Ethical bank) in the USA. This is good news. See http://www.goodbank.info/w/ or this link for more information. This concept is a initiative of the Ashoka changemakers network. Quote: “GoodBank will unleash new tools to measure, advocate and transact regional social impacts (including environmental, equal justice, public health and other subsets of social causes and concerns).”

 

SpiriLogic feeling:

·        Good plan, clear non capitalistic, ecological and social focus.

·          What this concept ads in addition to transition towns is the connection with the current money system (dollar, euro).

·          What the concepts misses at this moment is an implementation, so we don’t know if it will work. The detailed ‘logic’ for implementing the concept haven’t been prooven yet, but we will follow this initiative...

 

Primary TalkSpot: http://cyberlaw.stanford.edu/blog/bruce-b-cahan

 

3

The concept ‘Money’

Off course one should take notice of what money actually is. We take the Wikipedia as main source:

 

Money is generally considered to have the following characteristics, which are summed up in a rhyme found in older economics textbooks: "Money is a matter of functions four, a medium, a measure, a standard, a store." That is, money functions as a medium of exchange, a unit of account, a standard of deferred payment, and a store of value.[2][7][8]

 

Source: http://en.wikipedia.org/wiki/Money

 

And another llink : http://finance.mapsofworld.com/money/types/, stating that there are mainly the following types of money: commodity, fiat and fuduciary.

 

But the underlying concept or currency remains euro, dollar, etc....

 

Question to the visitor of this page: Does anyone now were the word ‘Money’ derives from? contact@spirilogic.com

 

Primary TalkSpot: We don’t know of any TalkSpot yet.

 

4

Ducth only: Kleureneconomy (coloreconomy)

 

No implementations known in other countries yet.

 

No English articles known yet

Link: http://kleureneconomie.nl/inleiding/kleuren/

 

This is a blend of transitions towns and other concepts. Within this idea value has three dimensions: Red (Light, Light, Love), Green (Earth - material containing life energy), Blue (Other waste such as water and air pollution).

 

SpiriLogic feeling:

·          nice concept

·          maybe a bit to complex

·          we feel that the element ‘certainty on value’ misses: when I have today 1000 Green, what will it be worth in 10 years? Were does the ‘money’ come from? We think total value ‘amount’ on earth should be fixed, or at least fixed per person, otherwise prices settling cannot take place properly.

·          Their website and system (ICT basis) seems quite professional and well developed, concepts seem well documented and detailed.

·          Already quite some social acceptance. People feel probably good by the ideas, not too complex, etc.

·          We miss other ‘society’ aspects such as helping the poor and weak (focus is ecological).

 

Primary TalkSpot: We don’t know of any TalkSpot yet.

 

5

Dutch only:

Article called ‘ecotopia’

 

No English articles known yet

 

Link: http://www.jonghv.nl/spino

 

Interesting article describing two dimensional currency: next to money we have eco’s. Eco’s are budgeted centrally, eg. each person gets per year 200 eco’s which can be used to consume earth resources  or to pollute it.

 

SpiriLogic feeling:

·          nice concept

·          simple

·          it has some kind of  ‘scarcity’ rule of value implemented (something we haven’t seen yet with eg. the coloreconomy concept), something we feel crucial to make a value system work.

·          no implementation or try out yet

·          We miss other ‘society’ aspects such as helping the poor and weak (focus is ecological).

Primary TalkSpot: http://www.jonghv.nl/component/option,com_fireboard/Itemid,60/ [Dutch only, web forum]

 

6

...?

[We didn’t find other concepts at this moment... if you know of one...]

 

You can send news / initiatives to contact@spirilogic.com

 

And some further elaboration: what are the ‘requirements’ of the ideal ‘money’? We will start a topic on this here soon...

 

--- Sponsor section and / or links to interesting information ---

 

 

 

 

 

---SpiriLogic sponsors ---