...I’ve become very aware...that it can be very easy to set up a local currency scheme, but harder to keep it going when the initial enthusiasm wears off. The fact is that at the moment we live in a very globalised world where next to nothing that we use everyday is produced locally. Its something that we need to change, but that won’t happen overnight. Making too many claims too quickly about what you can do with a local currency can be a problem if you find that local businesses actually don’t sell anything produced locally, so they can’t spend on the local currency they take in. And endlessly recirculating things made in China between ourselves does not make us very resilient.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Thursday, May 27, 2010
An Interview with Peter North, author of ‘Local Money: how to make it happen in your community’
by Rob Hopkins from Transition Culture. The author interviews North about his new book and discusses the problems and possibilities of local currency arrangements.