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Russell Napier quizzes Felix Martin about his book, Money – The Unauthorised Biodgraphy. A fascinating listen for anyone interested inj the true nature of money, illuminated through entertaining examples such as the Irish Bank Strike of 1970, the Argentinian Crédito and the Bristol Pound.
Diana Finch – Value Beyond Money: An exploration of the Bristol Pound and the building blocks for an alternative economic system…with TRE's Hannah Murray
Happy New Year. It feels to me as if this year, the journey is going to be one of continual change and of challenge - that 2024 will be the year when it is impossible for anyone to pretend that the life we knew, the life we grew up believing would go on indefinitely - is going to continue. The old order is dying, but if we're to absolute collapse on a global scale (because clearly it's happening locally all over the world, usually pushed by the governments of people who are statistically most likely to be listening to this podcast) -but if we're going to avert absolute breakdown everywhere, then we need to dismantle the super-organism of the markets. Markets, globalisation, the entire neo-liberal model of free trade that was neither free nor liberal, nor particularly new... these are the common thread that perpetuates the world we know. Yes, we have to change our political systems, our power generation, our food systems..... all of these are core, but it's the markets and our concepts of value and money - the core of capitalism that keep the whole show on the road. One way or another, they are going - either there's a crash and nothing... or we succeed in managing a degrowth curve to a much simpler system that is not just less extractive, it's regenerative - it repairs some of the desperate harm we've done in recent times. So I want this podcast really to begin to look at how we could shape this downward slope - to play with ideas that could take use forward into something different - to begin to build narratives, stories, mythologies, collective heroic journeys of how we as a culture could affect the change that we need. Yes, the super-organism feels as if it has a life of its own, but it is composed of individuals and if we all change our behaviour, our expectations, our understanding of what's good and what isn't - then it will change. I still believe this is possible and I'm definitely working towards this. As is our guest this week. Diana Finch has worked in senior leadership roles in a variety of socially and environmentally focused non-profit organisations since 2001. Through this work, she became convinced that our economic system is the root cause behind the environmental and social challenges the non-profit sector is trying to address. She started to become interested in the field of new economics, and was thrilled to join the Bristol Pound team as Managing Director in 2018. She continued to be a director until the organisation was wound up in 2023. The experience helped her develop an understanding of the problems with our existing economic system, creating a determination to share what she has learned by writing a book called 'Value Beyond Money: an exploration of the Bristol Pound and the building blocks for an alternative economic system' The book is not out until September, but it I was privileged to read it early and was so struck by Diana's capacity to lay out clearly the various different ways we have begun to see money and the alternative systems that people are trying - the Bristol Pound was an astonishing endeavour and the story of how it came about and why it ended are remarkable in and of itself. But it's the ideas that come after - why did it not work and what could we do now - what could help us shift from exactly where we are, to where we need to be - these are the solid gold. We did talk for a long time. If necessary, we'll split this into two bits. I'm not sure if we're going to need to, so... we'll see. In the meantime, enjoy the ideas of how we could be different - and then if you know of anyone who could fund this, please do let us know. PreOrder Diana's book https://crowdbound.org/product/value-beyond-money/The Bristol Pound legacy homepage https://www.bristolpoundlegacy.info/Holochain https://www.holochain.org/Art Brock Metacurrency https://www.artbrock.com/metacurrency/resourcesBradford Citizen Coin https://bradford.citizencoin.uk/Mark Fisher Ghosts of my Life https://uk.bookshop.org/p/books/ghosts-of-my-life-writings-on-depression-hauntology-and-lost-futures-mark-fisher/517207?ean=9781780992266Mark Fisher Capitalis Realism - Is there No Alternative https://uk.bookshop.org/p/books/capitalist-realism-new-edition-is-there-no-alternative-mark-fisher/7313424?ean=9781803414300Confessions of an Economic Hitman Short Animated Version https://www.youtube.com/watch?v=pYtb5zatgMgNew Economics Foundation https://neweconomics.org/Positive Money https://positivemoney.org/Reference booksLess is More: How Degrowth can save the world by Jason Hickel https://uk.bookshop.org/p/books/less-is-more-how-degrowth-will-save-the-world-jason-hickel/364774Doughnut Economics: 7 Ways to Think like a 21st Century Economist https://uk.bookshop.org/p/books/doughnut-economics-seven-ways-to-think-like-a-21st-century-economist-kate-raworth/
In this Podcast we interview Diana Finch about how she and her colleagues created local networks to restore the local economy to Bristol. The problem is that mainstream economic thinking is still based on a theoretical approach where economics is considered in isolation from people and planet. The well-being of the people, the natural resources that we use to make our goods, the pollution and waste we create - these are all considered external to the economic model Diana believes we urgently need to change our economic system so that it respects the planet's ecosystem and addresses social inequality. With others Diana created the Bristol Pound and is committed to developing projects to do to address social inequality and to also ensure our economy works within the constraints of our finite plane --- Send in a voice message: https://anchor.fm/globalnet21/message
It’s time to move away from a global economic model that’s based on the exploitation of individuals’ personal data. So says Diana Finch, managing director of Bristol Pound and our interviewee on the latest New Money Review podcast. “I am extremely anxious about the data economy and about how our personal data is bought and sold by big players whom we’ve often never heard of,” says Finch. And it’s community-based money initiatives that can help us fight back in one of the key areas targeted by those big tech firms—digital payments—says Finch. The Bristol Pound is a local currency project born in the aftermath of the 2008 financial crisis. It first appeared in 2012 and quickly grew to become the UK’s largest scheme of its type. “The objective was to increase the value each pound spent in the city brought to the city,” Finch says in the podcast, describing the initiative. “The aim was to keep the money trapped in Bristol, circulating amongst local businesses and helping create jobs for local people.” At the scheme’s peak, around 700 businesses and 1300 individuals were transacting in locally denominated units of sterling. But the network failed to grow any further. “It was somehow quite exclusive, even though we had no intention of it being exclusive,” Finch says in the podcast. “And a lot of the people who ended up using the Bristol pound were already shopping locally,” she says. By early 2020, the scheme was reportedly on the verge of closure after running short of funds. But its operators—Finch had joined in 2018—then decided to branch out in a new direction, towards locally branded electronic payments under a new logo, Bristol Pay. According to Finch, we need local money initiatives more than ever. In the podcast, she explains how the increasing digitalisation of payments has exacerbated the conditions that led to demands for local currencies in the first place. The coronavirus pandemic has accelerated existing trends towards digital money transactions and away from the use of banknotes and coins. “Ten years ago, a lot more transactions in the city took place using cash,” Finch says in the podcast. “Now those transactions are dominated by electronic payments, whether by mobile phone or card. As a result, the amount of money lost to Bristol through transaction charges has gone up hugely, even though the cost per transaction has gone down. It’s been estimated that around £60m per year is lost to the Bristol economy just in transaction charges for digital payments.” Bristol Pay, which is currently in a pilot phase, plans to make use of the UK’s Electronic Money Regulations, introduced in 2011. These regulations are part of the legal regime that has underpinned the country’s financial technology (fintech) boom. In the podcast, Finch goes on to discuss: How Bristol Pay will fund local community and environmental projects Tokenisation and the promotion of sustainable economic activity Community-based and non-financial transactions Control of payments data and economic inequality Social reputation money and the opt-in model
Diana Finch has been Managing Director of Bristol Pound since July 2018. Prior to that, she spent most of the last 20 years working in senior leadership positions in the non-profit sector, in areas including the environment, adult social care and psychotherapy training. Her earlier career was in accounts management and accounting systems design. She is a fellow of both the Finance Innovation Lab and the Institute of Certified Bookkeepers. Diana also offers consultancy areas such as impact measurement, quality assurance systems and business modelling, and is a trustee of Frank Water. In her spare time, she likes to learn languages, dance and go rambling.Erin B. Taylor is a consultant, researcher and writer with 17 years of experience designing and implementing projects, directing teams, managing budgets, and producing outputs for diverse audiences. She holds a PhD in Socio Cultural Anthropology from Sydney University and was a postdoctoral researcher on financial mobility at the University of Lisbon. Erin is the co-founder of Canela Consulting, an ethnography-driven research and consulting group focused on finance and technology. Her topical specializations include questions on financial stress & financial inclusion, impact on new regulations & products on consumers, economic value & attitudes that shape society and more.In today's episode Erin and Corina talk to Diana, a speaker at the Anthropology + Technology 2020 conference taking place on October 9th online. As the host of the fintech stream, Erin takes us through the setup and gives us some hints on what to expect. Diana, as one of the speakers on her panel gives us a preview of her talk and takes us through her innovative work on circular economy and local money together with the challenges that come with it and the research still missing to make it work better. How can money save humanity? How to stop pointless purchases and turn to a different kind of economy in which products and services are about value and not just the price? Localization of money is a way towards creating a more ethical and sustainable consumption and Bristol Pound is on a mission to make it happen. At the end both share their expectations of the conference and those in attendance.Mentioned in Podcast:Anthropology + Technology Conference 2020, 9th October: https://www.anthtechconf.co.uk/Bristol Pound, https://bristolpound.org/about/Dawn Walter, https://www.linkedin.com/in/dawn-walter-b36903a/Timebanking, https://timebanks.org/what-is-timebanking/University of Bath, https://www.bath.ac.uk/University of West of England, https://www.uwe.ac.uk/ Social mediaDiana Finch: https://www.linkedin.com/in/dianafinch/Erin Taylor: https://www.linkedin.com/in/erinbtaylor/
Could LSD make us happier and more productive? Why is the Antarctic Treaty under threat? And what’s the problem with hyper-local currencies? Olly Mann, Holden Frith, Hollie Clemence and John Stepek reveal all.
I denne første episoden snakker vi om lokal valuta. Hva er det? Hvorfor vil man ha det? Og hvordan henger en lokal valuta sammen med med resten av økonomien? Reidun Gjengedal snakker med Diana Finch om Bristol Pound i England, med Sarah Prosser om ønsket om Tøyen-kroner, og med samfunnsøkonom og sosiolog Margunn Bjørnholt om hva lokal valuta er.
Cet épisode a été diffusé en live sur Facebook, merci de nous avoir suivi !Pour rappel, la soirée d'anniversaire de Pardon Maman sera le vendredi 25 mai et il y aura moult surprises ! Inscrivez-vous ici : https://www.facebook.com/events/417050912040813/Aujourd'hui, on parle de souveraine numérotée, de sons faits maison, d'argent artisanal et de Canis Lupus !Au programme :4:13: Cléopâtre24:23 : Les Bruitages au cinéma39:27 : Les Monnaies locales59:01 : Pierre et le LoupPardon Maman, podcast de vulgarisation vulgaire.Retrouvez-nous sur :Le site : http://pardonmaman.friTunes : https://itunes.apple.com/fr/podcast/pardon-maman/id1234291617Spotify : https://open.spotify.com/show/3qaC9qCtUSFh60idYUlSKfDeezer : http://www.deezer.com/show/54685Facebook : PardonMamanPodcastTwitter : @PardonMamanPod See acast.com/privacy for privacy and opt-out information. Voir Acast.com/privacy pour les informations sur la vie privée et l'opt-out.
This week, we're talking urban economics – or why people who support the Bristol Pound might as well be voting for Donald Trump.I'm joined, via a mildly crackly Skype connection, by Paul Swinney, mackem and head of policy at the Centre for Cities. He explains why local currencies like the Brixton Pound, which have been popping up of late, are basically just protectionism – and why the Preston Model of local procurement is no better.From that we move on to what cities actually need to do to boost their economies – and why so much of it comes down to skills.Skylines is the podcast from the New Statesman’s cities site, CityMetric. It’s hosted by Jonn Elledge. See acast.com/privacy for privacy and opt-out information.
Nella seconda puntata di questo Podcast parleremo di musica indipendente con un approfondimento sullo scenario della moneta indipendente in UK, Canada, Portogallo ed Ecuador.Sono andato alla ricerca di qualcosa innovativo ed interessante attraverso il vasto catalogo di musica Creative Commons presente nella piattaforma Jamendo.La selezione che ho preparato include i seguenti artisti che andremo volentieri ad approfondire ed ascoltare:Heifervescent - UKIn Isolation - UKBlemish - UKEscape Act - UKThe Easton Ellises - CanadaDaniel Catarino - PortogalloZamza - RussiaDraco and the Zodiac - EcuadorInoltre parleremo di Decrescita Felice e di Bristol Pound, una moneta locale con valore ufficiale sviluppata recentemente nella popolare cittadina britannica, nonchè di un progetto molto simile ma con origini differenti chiamato Sardex che si sta sviluppando in Sardegna oramai da qualche anno.Ogni Mercoledì un nuovo episodio dello Show, un tema diverso ed una sola direzione, l'informazione e l'approfondimento della nicchia di riferimento. Partecipa attivamente commentando l'episodio, oppure seguimi su Twitter o Facebook e lascia il tuo commento.Hai dei suggerimenti o vuoi proporre il tema di un episodio? Invia una email con i tuoi suggerimenti attraverso la sezione Contatti in questa pagina.
We hear a lot about local currencies, but never from the designers of them. So we asked Rick Lawrence (see image left), designer of the Totnes Pound, Charlie Waterhouse, designer of the Brixton Pound, and Owen Davis, one of the designers of the Bristol Pound, what advice they might give to anyone setting out to design a local currency note. www.transitionnetwork.org/pre-order-ou…s-transition
We hear a lot about local currencies, but never from the designers of them. So we asked Rick Lawrence, designer of the Totnes Pound, Charlie Waterhouse, designer of the Brixton Pound, and Owen Davis, one of the designers of the Bristol Pound, for their thoughts on a recent statement by Dan Crane in the New York Times, who wrote of Transition currency notes, “it’s easy to imagine such notes being fetishized as audiophiles do vinyl”. www.transitionnetwork.org/pre-order-ou…s-transition
We hear a lot about local currencies, but never from the designers of them. So we asked Rick Lawrence, designer of the Totnes Pound, Charlie Waterhouse, designer of the Brixton Pound, and Owen Davis, one of the designers of the Bristol Pound, what they bear in mind when designing a local currency note, one that captures the spirit of their place. https://www.transitionnetwork.org/pre-order-our-new-publication-21-stories-transition
We hear a lot about local currencies, but never from the designers of them. So we asked Rick Lawrence, designer of the Totnes Pound, Charlie Waterhouse, designer of the Brixton Pound, and Owen Davis, one of the designers of the Bristol Pound, what they consider to be the ingredients of a good bank note. https://www.transitionnetwork.org/pre-order-our-new-publication-21-stories-transition