How do we build a new, non-extractive economy

The VSM model and mutual credit need to also be almost fused together, through the multi-stakeholder co-operative approach.

With Dil Green from LowImpact, about building a new economy with mutual credit and the viable system model.

Highlights:

  • The sort of economies we want to become the norm are ones that are sustainable, and that means living within our means, not continually growing for the sake of growth.
  • For me, the VSM model and mutual credit need to also be almost fused together, through the multi-stakeholder co-operative approach.
  • We have to look to things that are not purely economic, and those are: trust, community, solidarity – and it turns out those things are economically useful as well.

Dil would like to encourage readers interested in more detail as to how a federation of mutual credit networks might build a wide and deep economy to read Matthew Slater and Tim Jenkin’s 2016 whitepaper, The Credit Commons – A Money for the Solidarity Economy.

Links:
Mutual credit
VSM
Money & Society MOOC
Donella Meadow’s paper on the twelve leverage points to change a system

Transcript on LowImpact.org.

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