Chapter 3 - The Structure of a Public-Sector CurrencyThe dialogue around a public-sector currency is often met with confusion, as it doesn’t follow the traditional backing of value for currency in the market-circuit. Historically, the value backing for money within the market-circuit has come from either the convertibility of commodities or the actions of state-authority. Each providing some attribute that...

Chapter 3 - The Structure of a Public-Sector CurrencyThe dialogue around a public-sector currency is often met with confusion, as it doesn’t follow the traditional backing of value for currency in the market-circuit. Historically, the value backing for money within the market-circuit has come from either the convertibility of commodities or the actions of state-authority. Each providing some attribute that...

Chapter 4 - Civic-Currency in Practice It is one thing to imagine that people could receive credits for civic work and spend them on public goods. It is another thing to embed that logic into real municipal institutions, with real capacity limits, real political oversight, real staff turnover, and real budgets in question. A civic currency is a proposed p...

Chapter 4 - Civic-Currency in Practice It is one thing to imagine that people could receive credits for civic work and spend them on public goods. It is another thing to embed that logic into real municipal institutions, with real capacity limits, real political oversight, real staff turnover, and real budgets in question. A civic currency is a proposed p...