Proposals for a new system

THE NEW SYSTEM - supportive material

Sir Ken Robinson is not just an amazing orator — he is the most-viewed speaker on TED.com. His three talks have been viewed an astounding 21.5 million times, making him the sneezing baby panda of the TED ecosystem. Naturally, this made us curious.

Local Money

How to Make it Happen in Your Community
by Peter North; 2010
ISBN 978 1 900322 52 2; 8 5/8" x 8 5/8"; 192 pp

Local Money offers a basic education for how money works, an overview of a variety of local systems used around the world, and practical advice for getting a system off the ground in your area.

One of the best features of Local Money is a systematic approach to rating the pros and cons of each system, combined with descriptions and histories. For any group trying to get a local currency off the ground, this book would be extremely useful.

List of community currencies in the United States:

In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organizations. A regional currency is a form of local currency encompassing a larger geographical area, while a community currency might be local or be used for exchange within an online community. A local currency acts as a complementary currency to a national currency, rather than replacing it, and aims to encourage spending within a local community, especially with locally owned businesses.

Such currencies may not be backed by a national government nor be legal tender. About 300 complementary currencies, including local currencies, are listed in the Complementary Currency Resource Center worldwide database.

This book does not try to propose a reform of the capitalist economic order, with the goal to make life in the money dominated world somewhat bearable. The capitalistic system is founded on presuppositions which are not reformable. Instead, capitalism needs to be totally replaced by a different, better system. For this purpose we must completely supersede the foundations of today’s politics and economy through new principles which better reflect human nature. The rule of money over the world must be broken and replaced by the dominion of humankind. Every person is called to accomplish the inevitable transformation within themselves first.

Communism appeared with the claim to redeem society and economy from the unjust and damaging system of capitalism but failed abominably. This is mainly because Marxism-Leninism is based on a wrong concept of the human being and has not questioned the deeper lying paradigms of the society and economic order. So communism became only a diametrical opposite twin of capitalism. But what we need today is a societal and economic model which is beyond capitalism and communism and based on a higher level.

Communism has failed; capitalism is crumbling as ever broader circles of society become aware of its ugly face; but what comes after capitalism?

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