New article: CCS in Finland

When is money not a currency? Developments from Finland of proto-community currencies

Marcus Petz*

* Department of Philosophy and Social Sciences, University of Jyväskylä, Finland. Email: Marcus.kit.petz@student.jyu.fi

Abstract

The article is a case study of several digitally based schemes recently operating in Finland where some functions and properties of money are evident. While working effectively as designed, they do not fully meet the criteria of a well-functioning community currency. The schemes include: sysmä, a digitally based hyperlocal system of account introduced by the rural Sysmä municipality; Pisteet kotiin®, a housing association points system in the city of Tampere, copied from a working Dutch model; BookMooch, a global book-swapping site that has extended its operations throughout Finland. Explored in the article are the institutional enabling and inhibitory factors and implications for and from other community currency projects. Data was collected by participant observation and semi-structured interviews in all schemes. Additional media surveying, internet webscrapes and online surveying supplemented this data. Along with the demarcation problem between currency and money, the technical issues about scale and purpose, if such schemes are to develop their offerings to become fully fledged currencies, are considered. The concept of “current-see” proposed by the MetaCurrency Project, is used as a lens to evaluate if the schemes achieve their purpose and whether further development is desirable or possible. The concept of a proto-community currency is developed.

Keywords

Green economics, community of use, CC terminology, integral theory, pattern language.

Article Petz

To cite this article: Petz, M. (2020) ‘When is money not a currency? Developments from Finland of Proto-Community Currencies’ International Journal of Community Currency Research Volume 24 (Summer 2020) 30-53; http://www.ijccr.net; ISSN 1325-9547; DOI http://dx.doi.org/10.15133/j.ijccr.2020.0010

Impact assessment method: sustainability with existing frameworks and integral approach

Christophe Place

Haute École de Gestion de Genève – Geneva – Switzerland, Email : christophe.place@gmail.com

Implementation of monetary innovation for social innovation network development may be appropriate as a reliable exchange and an incentive system for community value co-creation between stakeholders and sustainable regional development. Nevertheless, some questions remain: (1) What context and objective favour the implementation of monetary innovation? (2) How to enhance and evaluate the impacts of such innovations? To contribute to these research questions, a synthesis of 4 reference currency evaluation studies and 3 assessment frameworks standards, such as Sustainable Development Goals, Impact Reporting and Investment Standards and Global Reporting Initiative, will allow us to not only improve a previous impact assessment method of 71 indicators, by integrating an integral approach categorization, but also to qualitatively assess a recently launched currency, the Léman case study, as a first impetus with 34 indicators. Beyond policy intervention, networks of individuals and organisations may integrate an impact assessment method with an integral approach and continuous improvement process, to reach economic, social, environmental, governance and cultural impacts to evaluate the interest of supporting such initiatives. Further research is needed to develop this impact assessment framework, especially a bottom-up methodology.

Article C. Place

To cite this article: Christophe Place (2018) ‘Impact assessment of monetary innovation: sustainability with existing frameworks and integral approach’ International Journal of Community Currency Research 2018 Volume 22 (Winter) 74-88 <www.ijccr.net. ISSN 1325-9547. DOI: http://dx.doi.org/10.15133/j.ijccr.2018.007