Democratic Money Initiative

draft page, for a initiative with Pat Conaty et al.

Description

Pat Conaty:

"The aim of the project is to create "socially useful money organisations" (SUMO) and to eventually co-build a digital platform.

If you can imagine a Commons alternative to VISA you get the picture. Why should all credit be debt based? If large and small credit unions, CDFIs, co-operative banks came together and built common cause and unity, Financial Democracy could be made real and practical. But we need the Commons and democratically owned platforms."

Recommended Reading

Documents

• Democratic Money and Capital for the Commons. Report by Pat Conaty and David Bollier. Commons Strategies Group / Heinrich Boll Foundation, 2016.

URL = https://www.boell.de/en/2016/01/15/democratic-money-and-capital-commons pdf

Report based on a intensive 'deep dive' conversation by experts from the funding world and actors in peer production, which examined funding possibilties for the commons and commons-based projects.

Short Articles

• Ellen Brown proposes a new Economic Bill of Rights,

http://ellenbrown.com/time-for-an-economic-bill-of-rights/