Tag: money

The age of the copycat economy

When Kickstarter first came online I was thrilled. What a great way to get funding for an innovative idea! Soon others followed. Nothing wrong with a bit of diversity and some competition in order to increase quality of service and cater to different target groups. But these days there are so many crowdfunding platforms out...

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Universal Basic Income? Why?

A lot has been said about basic income. Let us for now put aside the question of how it can be paid for or whether or not it will destroy social security systems. Let’s ask a more existential question: should we give people an income for basically doing nothing apart from being alive? In our current...

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Towards an Economy of Flow

A while ago I read an article in the Guardian which states that in order to combat climate change we don’t just need to switch to renewable energy, we need to create a new economic system. I have been doing some research of monetary systems and the economic eco systems they create for a while and...

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The nature of money – Part 4: The alternatives

The year was 1932 and the small town of Wörgl in Austria was caught up in the great depression, just like the rest of the world. When Michael Unterguggenberger (1884-1936) was elected mayor of Wörgl, the city had 500 jobless people and another 1,000 in the immediate vicinity. Furthermore, 200 families were absolutely penniless. The...

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The nature of money – Part 2: The hidden costs

Have you ever been asked: How does your work contribute to society? What values does your product support? What is your impact? When you want to start a new business or design a new product, one of the first questions you will likely get is: what is your business model? Or in other words, how are...

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The nature of money – Part 1: Money is a promise

In our current day society it seems like money is at the center of virtually everything. It’s hard to think of anything without money being involved in some way or another. The news is full of stories of governments struggling to manage their debts. People all over the world are struggling to make ends meet...

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