Money and the ecological turn: lessons from alternative currencies

Jerome Blanc

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Abstract: Our current monetary system displays major flaws as to whether it can support the ecological turn. This article stylises them as bank credit, a-territoriality and non-specialisation of money, and commensurability. Yet, the variety of experiences of alternative currencies displays remarkable features like territorialisation, socio-economic specialisation of money, a practical criticism of commensurability and non-bank funding and financing schemes. Considering those features seriously, and making them part of monetary systems, require adapting the existing monetary infrastructure by creating specific circuits through the establishment of boundaries.

Keywords: Ecological turn; monetary infrastructure; territorialisation; alternative currencies (search for similar items in EconPapers)
Date: 2024-03-01
New Economics Papers: this item is included in nep-env, nep-his, nep-mon and nep-pay
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04513773v1
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Published in Sustainability Science, 2024, Published 01 March 2024, ⟨10.1007/s11625-024-01465-x⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-04513773

DOI: 10.1007/s11625-024-01465-x

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