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Do shared political governance and Shared Monetary Governance require Campaign and Monetary Finance Reform?

Sharing Economic Decision-making power is as important as sharing real political power. That was the premise behind my book Shared Monetary Governance. I re-summarize the summary, as I now understand that economic and political power are interconnected, and require equal measures of accessibility.

Thus:

1st Half = Campaign Finance Reform, to help spread real inclusion in the political process.

2nd Half: Shared Monetary Governance can help create greater economic inclusion:

Local currencies, supplemental forms of money which circulate in local communities, 1.) create more social and financial capital in local communities, 2.) keep local resources in communities, and 3.) grow monetary decision-making access in communities while facilitating the revaluing of unpaid work. Time Banks ensure that value held locally will remain a Store of Value (SoV) in the local community over a long period of time. Scrip currencies like Ithaca Hours fill the Medium of Exchange (MoE) function, to be discussed later.

Governance of Money (SoV) vs. Economic Benefit of Money (SoV)

Each Time Bank member can choose to create new money in the local economy, when he or she decides to donate time to another member of the Time Bank. Each hour donated to a Time Bank adds to the overall amount of money stored for the long term in a local community, creating new resources in that community.

Time Banks encourage community members to attend Time Bank decision-making meetings, keeping and increasing locally decided economic priority-setting participation by all members as part of the community.

Hours stay in the local community, keeping more resources in the community, thus they stop the draining of local resources to distant areas (so the wealth is no longer accessible to the community).

Storing value locally gives citizens a greater stake in
community institutions, encouraging a growing level of
transparency and accountability in all its projects.
Since an hour never loses its value as an hour, storing their value as time in the local community encourages long term local economic growth.

Supplemental SoV currencies like Time Banks and Local MoE Currencies such as Anacostia Hours allow greater levels of inclusion to members of the community in local economic decision-making processes. This is an example which the US Dollar, with far more closed (non-inclusive), less transparent and less publicly accountable decision-making processes, can learn from and emulate. Inclusion gives direct stakeholders of governance a voice in money and in politics, which vitally affect all of our lives.

K. Dittmer’s original review of Shared Monetary Governance, in the IJCCR, can also be found here:

http://ijccr.files.wordpress.com/2012/11/ijccr-2012-book-reviews.pdf

Peace and Full Potential for All,
Shira Destinie Jones Landrac, of The MEOW CC Blog

Gregorian Date: Wednesday, 10 September 2014
MEOW Date : Sunday, 10 September, 12014 H.E. (Holocene Era, aka Human Era)
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The ground-breaking novella Herland was a good start, but lacked a vision of fully inclusive equality. The MEOW Vision builds on Gilman’s ideas, with the aim of Fully Inclusive Equality.

The Goals (allowing each person to contribute fully):

1. Each person, as a child, must learn to swim (or at least float).
2. Each child must learn emotional/psychological self-defense and physical self-defense to the greatest extent possible, in a Gandhian context.
(1 and 2 are part of the pre-Adulthood criteria: http://meowdate.dreamwidth.org/6177.html ...)

3. Each child, at birth, receives half a hectare of land, non-alienable. He or she may rent, lend or swap the land, but always remains the owner. Where ever the location, it should have a well and be arable.
4. Fresh water for ever person (free!)
5. Each family should have a book in the local public library, containing the autobiography of every adult in the family (which means that each person needs free time and the means to write his or her autobiography).

(the same Goals in Spanish:)
—-
Un programa de Igualdad y Salud para Todos

Las Metas (para que todos pueden contribuir lo mejor):

1. Cada quien, de niño, debe aprender nadar
2. Que cada quien de niño aprende defenderse
3. Que cada bebe, al nacer, recibe .5 hectarios de terreno, que nunca se puede desprender. Se lo puede alquilar o prestar, pero siempre sigue esta persona como dueño o dueña del terreno. Que sea donde sea, será con un poso de agua y capaz de agricolar.
4. Agua potable para cada persona
5. Que cada familia tenga un libro en la biblioteca publica, con resumen del autobiografía de cada persona de la familia (eso quiere decir que cada quien tenga el tiempo libre y los recursos para escribir su autobiografia)

Peace,

Gregorian Date: Tuesday, 9 September 2014
MEOW Date : Saturday, 9 September, 12014 H.E. (Holocene Era, aka Human Era)

https://network23.org/communitycoop/2014/09/09/the-meow-vision-a-bit-like-herland-but-more-equal/
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At the 2012 DC Social Forum, we came to a consensus: Public Banks, Time Banks and small groups build Cooperative Society.

The joint presentations at the DC Social Forum, which was held in the DC Friend’s Meeting House, a wonderful historical building, were fascinating. And disturbing.

Fascinating because they all centered around the need to move from our consumerist and big box model of capitalism toward one which includes all of the people in the governance process.

Disturbing because everyone also agreed on the need for us to have a societal culture of cooperation and egalitarianism, or a willingness to cooperate to create and use a level playing field for all people. Then everyone agreed that getting there from here would take a very long time.

One of the tools mentioned included Public Banks, such as the one in North Dakota, and currently being considered by the Mayor in DC, apparently. This is something to look into for the immediate future as a completely doable step which has in fact already been implemented in many places, according to the presenter.

Another tool is Time Banking and the creation and use of various complementary or community currencies, such as Ithaca Hours, or Anacostia Hours here in DC alongside the local time bank, DC Time Bank.org. Time Banks in particular create and build trust and cooperation in an egalitarian mode within the community.

A further tool was the use of non-hierarchical methods and clarity on the point that groups must be set up with no more than 150 members in order to avoid creation of hierarchy, with lessons being drawn from the Cuban revoluntion of 1959 by a Hungarian professor presenting.

A final vision was one in which society is entirely cooperative, resulting in the contributions of all members being valued. Cultural change toward a valuing of equal participation, voice, and cooperation was espoused, along with the understanding that this does not happen overnight. With consistent work and faith in our evolving ability to cooperate, we continue forward.

Peace, through Community Cooperation,
ShiraDestinie
Gregorian Date: Thursday, 12 April 2012
MEOW Date : Thursday, 12 April, 12014 H.E. (Holocene Era, aka Human Era)

https://network23.org/communitycoop/2014/09/06/dc-social-forum-consensus-public-banks-time-banks-and-small-groups-build-cooperative-society/
meowdate: (Default)
Thanks to LJuserGoodall for asking about bitcoin, which I do

not support. Bitcoin is an alternative to national currencies

which is often used for money laundering and other nefarious

purposes. It actually does precisely the opposite of what a

community-based currency is intented to do, which is increase

transparency and decrease anonymity. Community-created

currencies are meant to circulate only within local

communities, as a complement to the national currency, thus

increasing both access to and availability of money to those

who might otherwise not have access to national money.

(Search Ithaca Hours.org or Anacostia Hours for details.)

Time Banks are another complementary currency created by

people in local communities to supplement the national

money supply. These are not meant to be universal

currencies. Please see Robert Mundell’s work, which I cite in

“Shared Monetary Governance” on Optimal Currency areas.

As he said, The World is NOT an Optimal Currency Area.

Regions differ by product, output, resources, etc, and

therefore need different currencies. The USA for instance,

should actually be four currencies areas, not one, so when the

Fed raises interest rates, that change affects different regions

of the country differently, affecting inflation and

unemployment differently across different parts of the country.

Sir John Maynard Keynes proposed an international currency

in 1944 which would have solved some problems, but it was

rejected by the American delegation to the Bretton Woods

conference.

Please, Go learn more!
Shira
Meow Date Saturday, April 21, 12014 H.E.

https://network23.org/communitycoop/2014/04/22/community-currencies-vs-alternative-currencies/

March 2016

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