Info, news & debate
Credit commons
Mutual Credit Services – keeping communities alive after COVID: explaining the Credit Commons Protocol
of Mutual Credit Services (MCS), whose mission is to help build local mutual credit ‘clubs’ in the UK and overseas, and to link them together in a global trading network. Here we provide a basic explanation of the Credit Commons Protocol.
Mutual Credit Services – keeping communities alive after COVID: introduction
Members of the Lowimpact.org co-op are involved with Mutual Credit Services (MCS), whose mission is to help build local mutual credit ‘clubs’ in the UK and overseas, and to link them together in a global trading network. We’re often asked about the current state of play, and so we’ve put together a series of 6 articles to explain what progress we’ve made.
Is money the root of all evil? Shaun Chamberlin Part 2
This is Part 2 of a conversation with Shaun Chamberlin (Part 1 is here). Shaun left the board of the Ecological Land Co-op as I joined. He’s been involved with the Transition Network – he wrote the Transition Timeline. His website is Dark Optimism. He took on the work of David Fleming after his death, …
Explaining mutual credit to small business owners
At Lowimpact.org, we’ve been banging on about something called ‘mutual credit’ for about 3 or 4 years now – constantly trying to think of ways to explain it that can be grasped really quickly. We think it really is a world-changing idea – in that it can help keep wealth in communities, keep small businesses …
Building the new economy with mutual credit in Costa Rica
Here’s a conversation with Emmanuel Savard, co-founder of a group in Costa Rica that’s looking at providing all the essentials of life – food production, housing and energy – for their town via regenerative, non-extractive, sustainable, community-based exchange and investment models.
How ‘chamas’ and mutual credit are changing Africa: Shaila Agha of the Sarafu Network
Today I’m talking with Shaila Agha of the Sarafu Network about ‘chamas’ and mutual credit, and how they’re changing Africa.
A brief history of money
Here’s a quick and dirty history of money. Since I’ve been involved in the mutual credit world, I’ve been reading various ‘history of money’ texts, and so I thought I’d organise the notes I’ve taken into a blog article. It’s a half-hour read, to accompany our new ‘Low-impact money’ topic, and I think it gives …
LETS – origins, and what happened next: Michael Linton of LETSystems & Open Money
This is Part 1 of a conversation with Michael Linton – inventor of LETS, the moneyless exchange system. I want to talk about that, and he has a new idea called Open Money that we’ll talk about in Part 2.
Mutual credit in Africa: interview with Will Ruddick of Grassroots Economics
I’d like to introduce Will Ruddick, who set up the Grassroots Economics Foundation in Kenya around ten years ago, that runs a very successful mutual credit network (called the Sarafu Network) there.
Saving and investment in a mutual credit world
Nothing we do to try to move to a sustainable, healthy and democratic society will work as long as we have the current money system, because money has two conflicting functions. It can be used to buy and sell things, and it can be used to store, hoard, accumulate and become wealthy with. As long …
New money stories: the eleven dollar bill
I’m writing a book – published by Chelsea Green next January – about the possibility of building a new economy around a moneyless, mutual credit core, at a time when money is going to be scarce. I’m often told that the best way to get new ideas across is with a story.
Incredible new research: how small businesses can be saved post-Covid
It seems pretty obvious that there’s a giant economic slump on the way that’s going to sweep away millions of small and medium-sized businesses around the world, so that Amazon can step in to continue to try to take over the entire global economy.
The Future of Money (Part 2): with Brett Scott
This is part 2 of a conversation with Brett Scott, author and specialist in the money system. Here’s his excellent YouTube channel, and I’ll add links to other things we talk about as well. Part 1 is here.
The Future of Money (Part 1): with Brett Scott
Today I’m talking with Brett Scott, author and specialist in the money system. Here’s his excellent YouTube channel, and I’ll add links to other things we talk about as well.
What happened to LETS systems? Sue Bell of Mutual Credit Services
Today I’m talking with Sue Bell, who was involved for many years in Brixton LETS and the Brixton Pound. She’s now part of a group called Mutual Credit Services (MCS), formed to build mutual credit clubs and to federate them together to build a new kind of moneyless trading system. I want to talk about …
Storing value in a mutual credit world: Chris Cook
This is the third in a series of interviews that will accompany a book I’m writing, that will be published by Chelsea Green – an employee-owned company, and part of the new economy that the book is describing, built around a mutual credit core. Today I’m talking with Chris Cook. He was the designer of …
Two planks – and a bridge – to the new economy
This article accompanies and enlarges upon the interview with Dil Green that we published recently, as part of series of articles on a forthcoming book about building a new economy around a mutual credit core.
Mutual credit clubs: an introduction, with Dil Green
Dil Green had the original idea for ‘mutual credit clubs’ that can federate to create a new global trading system. He’s brought together a group of people to form Mutual Credit Services (MCS) to start to build this federation (new website coming soon).
The Money and Society MOOC — and my subsequent adventures in mutual credit
The Money & Society MOOC was launched by Matthew Slater and Jem Bendell in 2014. In four dense but perfectly assimilable 2-hour videos, it blows open your understanding of economics, in an incredibly liberating and empowering way.
How can people keep working if the economy crashes and there’s just no money around?
Imagine that there’s an enormous economic crash coming. Say, the biggest economic crash in history. Outlandish, I know, but just give it a try.