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141 Essays by Professor Giacinto Auriti of Italy, creator of simecs. Monetary Reform (National) www.comer.org The website of the Canadabased Committee on Monetary and Economic Reform. www.democrats.org.nz The website of the New Zealand Democratic Party, including a discussion of the social credit ideas originated by Major C. H. Douglas. www.electronz.cjb.net A weekly ezine on New Zealand monetary reform edited by Don Bethune of Hamilton. Visit his archives. The site was started in January 2001. http://homepages.picknowl.com.au/eranet/erahome.htm The website of Economic Reform Australia, a nonpartypolitical organisation for monetary reform. www.prosperityuk.com/prosperity/updates.html The website of the Bromsgrove Group, which first met in 1997 and consists of a wide variety of organisations involved in the monetary reform of national currency. A good site with many interesting articles. No flashing java signs, no cookies, no midi music; it just sticks to the point, makes its position clear and updates regularly. www.themoneymasters.com A site where you can find out more about The <strong>Money</strong> Masters: How International Bankers Gained Control of America, the 1996 video documentary from Bill Still Productions about the history of money creation. GDP www.rprogress.org Redefining Progress is a Californiabased institute working to highlight the inadequacies of GDP, and proposes the use of the Genuine Progress Indicator instead. The organisation’s landmark Atlantic Monthly article from 1995 is available at: www.theatlantic.com/politics/ecbig/gdp.htm Organic Model of Organisation www.ratical.org A website promoting awareness of appropriate sustainable practices. It includes the
142 writings of evolutionary biologist Elisabet Sahtouris. Complementary Currencies www.appropriateeconomics.org The excellent site of community currency adviser Stephen DeMeulenaere, covering community currencies in the developing countries of Asia, Africa and Latin America, plus material on complementary currencies in Japan. His list of references and links is all you need to start you off on an exciting web journey. Good books that can be downloaded from the site include Silvio Gesell’s The Natural Economic Order, Irving Fisher’s Stamp Scrip and Tom Greco’s <strong>Money</strong>: Understanding and Creating Alternatives to Legal Tender, among many others. In addition, there are articles and research, education and implementation resources galore. The site is always being updated, and as it is so comprehensive it makes a useful starting point for research into complementary currencies. www.communitycurrency.org The website of American activist Carol Brouillet. It has heaps of information on community currencies, including some classic articles. Click on the community currencies link or else you will get tangled up with a great many other topics dear to Brouillet’s heart. www.geocities.com/cmhensch/resource/econlets.html Website created by currency activist and exbanker Christoph Hensch of Golden Bay, New Zealand, with numerous useful links. www.geog.le.ac.uk/ijccr The website of the International Journal of Complementary Currency Research. It gives access to an email discussion group on community currencies run by Colin Williams of the Department of Geography, University of Leicester, UK, with an international board. It also has good book reviews. www.nexuspub.com/articles/2003/july2003/interview.htm Interview with Bernard Lietaer, July–August 2003, by Ravi Dykema, entitled ‘Complementary Currencies for Social Change’.
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Healthy Money Healthy Planet by Dei
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2 During the 1960s I listened on th
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4 money. Richard’s enthusiasm for
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6 must first be complemented by mon
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6 For over a decade, Japan struggle
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8 interestbearing money creation.
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10 provides a benefit for seller an
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2 After that, it didn’t take long
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4 Bank B. This is called a ‘depos
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6 Second comes the bit where banker
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8 debt, hence the collective debt c
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10 simply unsustainable in a finite
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12 pieces of paper grant the bearer
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14 master of all industry and comme
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16 Money Supply 1935 - 2000 120000
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18 commercial banks and is lent int
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2 And nor are things getting any be
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4 international trade in currencies
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6 The data on New Zealand mortgage
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8 The scheme has had unintended soc
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10 Household loans (1978-2000) 90 8
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12 City Council in mid2000 review
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14 Similarly, mortgages are classif
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16 And it is not just bank assets t
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18 Keeping the Secret But surely if
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20 Deputy Prime Minister. I asked h
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22 Individuals have to compete with
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24 instability. This speculation is
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51 cared for. The cancerous parts o
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53 constraints. What we need are so
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55 accelerating. Eighty per cent of
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57 waters to draw down. They also s
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59 As far back as 1987, a UN World
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61 The State of New Zealand Since 1
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63 Health and Disability Like other
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65 Low skilled jobs have largely di
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67 • One in two people in Ireland
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1 4 Unhealthy Globalisation The Sir
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3 Although the process of corporate
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5 globalisation is transnational ca
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7 Many others have spoken of invisi
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9 currencies to the US dollar. The
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11 policies of these nations in ret
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13 000). Round Tables The original
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15 annual meeting in the small ski
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17 When an enemy is powerful and ce
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19 In January 2001, protesters demo
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Martin Khor, Direitn 21
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78 Every day we hear politicians, c
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80 not return to the depression of
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82 billion, equivalent to 39 per ce
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84 which in turn rests on nature it
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86 increase. And when jobs are crea
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88 rather than adding them to the w
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90 achieved very different levels o
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92 placed at the top of the lists.
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88 6 Facing the Critics Through the
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90 the interestbased system, the
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92 good or fair or sustainable. An
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94 Certainly there are other ways o
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96 landlord who charges you rent al
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98 believe that credit to be valuab
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100 If interest rates were zero the
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102 It is quite fair that banks sho
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2 free money before, as we shall se
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4 In precolonial times, Maori tri
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6 In Maori tribes, the gift society
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9 What Gives Money its Value? To he
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11 accept money as payment, we unco
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13 goes still further and calls mon
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15 Spanish and Dutch coins from ove
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17 claimed that the UK’s financia
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19 Today, the Reserve Bank retains
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2 living systems. Finally, it discu
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4 If our species is to survive, a n
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6 with its own currencies, the patt
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8 While it is possible for each tea
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10 addiction, chronic illness and i
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12 4. Human economies can and shoul
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14 furniture transported at great c
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16 down and money has been moved ar
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18 areas? Is there a continuing dyn
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Some estimate the costs of traffic
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22 be a tension between the two. Th
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24 democracy at the local governmen
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26 as the individual organs of the
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2 The democratisation of national c
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4 her children who were fed by its
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6 happened - the imposition of a co
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8 existed and thrived for thousands
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10 In addition, by focusing on loca
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12 there is no hierarchy. As we saw
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2 Michael Linton, David Weston and
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4 could. He described them as ‘a
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6 resorts may find themselves amass
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8 problems. Since then, the system
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10 forms. In version 1, operating u
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12 All the following examples of co
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14 sent a researcher to check the w
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16 Salt Spring Island Dollars Salt
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18 British Columbia Financial Insti
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20 partnership. This trend has spre
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22 traditional rice planting and ha
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24 The city solicitor put the bigge
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26 In the next chapter on commercia
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28 43 Email from Eric Booth to Cal
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2 Enz, who were supporters of the f
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4 As with WIR, businesses are regis
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6 A significant innovation in New Z
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8 granting temporary credit where t
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10 requiring transactions to be 100
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12 participants of the scheme were
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14 Ideology of the Wirtshaftsring
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255 are already in possession of it
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257 that all hoards of money would
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259 sophisticated that Egypt became
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261 Austria, for a period of 14 mon
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263 US$260 million worth of work in
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265 Saving will become impossible.
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267 law professor in Italy. Profess
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269 The Chiemgauer 21 In early 2002
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271 Currency to Support Waldorf Sch
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20 It started in 1989 when Frank To
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22 Privately Issued Fiat Currencies
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24 The Note Corporation itself then
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26 andahalf years, A$3.5 millio
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2 of agricultural and mining produc
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4 such resource as fossil fuel, sin
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6 • The demurrage charge would re
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1 15 Lessons Learnt From Currencies
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3 Regardless of whether the transac
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5 payment of taxes. When the mayor
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7 within that global economy we mus
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9 Money can also be spent into exis
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11 Huber and James Robertson, 6 it
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13 apparently no one spread rumours
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15 One of the weaknesses of local c
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17 example (see page 000), the demu
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19 trading. We therefore need decen
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21 If citizens decide to build a se
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23 In Even if the Reserve Bank deci
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25 possibilities for reforming our
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27 1905. 2 Michael Reddell of the R
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2 Taxation Policies Before I discus
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4 But, like other assets, realest
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6 Most taxes fall on work. It makes
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8 slows down the increasing gap bet
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10 Bob Keall has also proposed taxe
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12 ways of avoiding paying tax. Tax
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14 Ltd, 1879. 3 Henry George, Socia
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2 of reserves, a single exchange ra
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4 revealed to show that they wanted
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6 Countries using the Australian do
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8 3 Helen Clark in an interview on
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2 community projects can be funded.
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4 feeling that the banks were not t
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6 terminals per 100,000 people, com
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8 to lend to groups rather than ind
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10 Islamic Banks Banks run along st
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12 decided to create an entirely ne
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14 Attempts to Start New Banks In 1
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16 During the local body election c
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18 Zealand Post was that there was
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20 Problem numbertwo — fees going
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22 Other microcredit schemes. A goo
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24 now operates are the Cooperati
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26 They donManchester Unity does no
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28 The Wellington Women’s Loan Fu
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30 The Future of Community Banking
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32 8 Quoted in ‘Banks Profit Exce
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34 45 Details of Consumers’ Insti
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2 created when commercial banks iss
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4 Fund (IMF) protect global corpora
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6 economic thinking and taxation sy
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8 It is not easy to start again and
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10 rest of the world, a US deficit
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12 competitive when the money syste
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14 environmentally friendly longt
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16 practitioners know a great deal
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18 moneycreation regime will natu
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20 international currencies. Some o
Page 367 and 368: 22 and James Garfield have struggle
Page 369 and 370: 24 away and the scientific programm
Page 371 and 372: 26 Sources of Hope There are ground
Page 373 and 374: 28 beneficial effects. Indigenous i
Page 375 and 376: 30 taught me that some staff are re
Page 377 and 378: 32 New Zealand’s isolation, humil
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Page 381 and 382: 36 Although such a system will not
Page 383 and 384: 1 Ralph Chaplin Bars and Shadows. 2
Page 385 and 386: and narrated by Bill Still, and ava
Page 387 and 388: 11 Lietaer, The Future of Money, p3
Page 389 and 390: 37 Allison Stinson, ‘Developments
Page 391 and 392: 4 Roy Madron and John Jopling, Gaia
Page 393 and 394: 25 Viviane Forrester, The Economic
Page 395 and 396: 2 Michael Rowbotham, The Grip of De
Page 397 and 398: 25 Text of the Genoa G8 Summit, acc
Page 399 and 400: 18 The Independent, 21 July 1999. 1
Page 401 and 402: 14 Wolfgang Rosenberg, Money in New
Page 403 and 404: 6 Fritjof Capra, The Web of Life: A
Page 405 and 406: 11 Bernard Lietaer, ‘The Future o
Page 407 and 408: 39 1.1 Warehouse receipts. (The fin
Page 409 and 410: 41 2.3 By a commercial company, sma
Page 411 and 412: 43 Summary of Complementary Currenc
Page 413 and 414: 45 000) volunteers. Credits are put
Page 415 and 416: 47 the currency generating enthusia
Page 417: 140 Appendix 2: Useful Websites Gen
Page 421 and 422: 144 Green Dollars/LETS www.appropri
Page 423 and 424: 146 www.earthsharing.org.au An Aust
Page 425 and 426: 148 Email: bryank@earthsharing.org.
Page 427 and 428: Bibliography 1 Books and Chapters i
Page 429 and 430: 3 Douthwaite, Richard, The Ecology
Page 431 and 432: 5 Henderson, Hazel, Beyond Globaliz
Page 433 and 434: 7 Mitchell, Ralph A., and Shafer, N
Page 435 and 436: 9 Cobb, Clifford, ‘Displacing Bad
Page 437 and 438: Turnbull, Shann, ‘Why Reducing Ta
Page 439 and 440: The Guardian (UKbased daily) The
Page 441 and 442: 1 Glossary Barter The direct exchan
Page 443 and 444: 3 shared land ownership. Koha The M
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