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,