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

Key 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.

Formal Contributions

• Policy Proposals for Future Money by James Robertson

• Shann Turnbull on Establishing Sustainable Units of Value

• Mary Mellor on Public Money for Sustainability and Social Justice

Other Short Articles

• Ellen Brown proposes a new Economic Bill of Rights,

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