[ox-en] Re: Money as a dominant social relation
- From: Stefan Merten <smerten oekonux.de>
- Date: Wed, 27 Aug 2008 19:44:40 +0200
Hi Michel and all!
Last month (42 days ago) Michel Bauwens wrote:
This might be of interest to some:
*Report from Argentina - The Rise and Collapse of Red Global de Trueque and
the Social Money Movement*. Thomas H. Greco and Sergio Lub, May 27, 2003
at http://p2pfoundation.net/Argentine_Social_Money_Movement
Indeed the Argentine example is a good example for community
currencies and why they don't scale to structures bigger than a social
community. Under
http://p2pfoundation.net/Argentine_Social_Money_Movement#The_Problems_with_the_RGT_Creditos
there is a list of problems. They are all caused by the abstraction of
big societies - i.e. when leaving social communities. The underlying
problem here is in the human mind which can not be in solidarity with
someone who is too remote - especially not when your own life depends
on it (Brecht: "Erst kommt das Fressen, dann kommt die Moral").
In particular
6. The injection into the economy of huge amounts of counterfeit
credito currency
which is the result of the structural force embedded in the money
mentioned in
3. Primary reliance upon paper currency without adequate safeguards
against counterfeiting and falsification, and,
is the reason why you need a powerful authority who prevents
counterfeiting money. In a democracy the state is probably the best
authority for this one can think of.
Gr?ü?ße
Stefan
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