Tag Archives: Principles of Exchange Innovation

2016 Summer Newsletter

 Greece Workshop Report

During the last week of June I conducted a weeklong workshop and colloquium on Innovation in Exchange and Finance at the Alexandros campus of the Kalikalos Holistic Summer School on the beautiful Pelion peninsula overlooking the Aegean Sea in Greece.

I had planned this to be a collaborative, interactive and problem-centered workshop that would bring together skilled and accomplished people to produce significant innovations in the areas of exchange, finance, and economics. We were fortunate in being able to draw together an excellent cohort of participants having diverse knowledge, skills and experience. Nine of these were full-time and several more participated in various parts of the workshop, particularly the June 25-26 weekend when we had a number of Greek participants from Volos and Athens. The Volos contingent shared their experiences over the past four years in creating and operating the Volos TEM trade exchange. It was very useful for all of us to hear about their difficulties and false starts and the lessons they have learned which will be applied as they move forward into the next phase of their project.

In addition to the registered workshop attendees who came from Australia, India, Ireland, Serbia, Sweden, the US and the UK, several Kalikalos staff members participated in some aspects of the workshop. We were disappointed however that one registrant from Saudi Arabia was unable to attend because his entry visa was denied by the Greek government.

Our work sessions were loosely structured to allow space for each person to share not only their questions but also their experiences and insights, and for the spontaneous emergence of ideas action plans. In addition to my presentations of foundational concepts using slide shows and videos, the format included a number of participatory exercises. Participants had opportunities to showcase their ongoing or planned projects and receive feedback from the group, and as is usual in any such gathering, informal discussions and networking were an important part of the experience.

Kalikalos has invited me to return again next year to conduct another similar workshop on monetary and financial innovation. It will be scheduled in the general timeframe of the second week of June (exact dates to be determined soon). My colleague Matthew Slater, one of this year’s participants who has particular expertise in IT, crypto-currencies, has agreed to assist me in that workshop, and over the coming months we will be working to further develop the format and the program.

I am hoping to once again attract participants who are ready, willing and able to put their knowledge and understanding into action. As Malcolm Gladwell points out, it takes mavens, connectors, and marketers working together to make a project successful, but most of all I think it takes entrepreneurs who are able to bring harmony to the mix, to hold the vision and to dedicate themselves fully to its realization.

As the time approaches, we and the Kalikalos team will be asking you to help us get the word out to our target groups— trade exchange operators, social entrepreneurs, local government officials, serious students, and enthusiastic agents of change.

In the face of the ongoing global economic and financial crisis and increasing political uncertainty, the creation and deployment of innovative decentralized mechanisms for reciprocal exchange and equitable finance are becoming ever more urgent and the opportunities have never been greater. We are now on the brink of ushering in a new more just and sustainable economic paradigm that will enable small producers and local enterprises to thrive, and communities to gain more control over their own destiny and quality of life.

Before and after my workshop I spent an additional three weeks at Kalkalos living in community at the Kissos campus. That in itself was an enlightening and enjoyable experience.
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Upcoming presentation – Malaysia

In October I’ll be presenting at the International Forum on Inclusive Wealth (http://www.ifiw.my/) in Kuala Lumpur, Malaysia. I’ll be outlining my revolutionary plan for a decentralized global exchange network based on direct control of credit by producers.
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“IMF admits disastrous love affair with the euro and apologises for the immolation of Greece“

In a July 29 article in The Telegraph, journalist Ambrose Evans-Pritchard dissects a recent report by the IMF’s Independent Evaluation Office (IEO). He says the report, “goes above the head of the managing director, Christine Lagarde. It answers solely to the board of executive directors, and those from Asia and Latin America are clearly incensed at the way European Union insiders used the fund to rescue their own rich currency union and banking system.”

He concludes that “The injustice is that the cost of the bailouts was switched to ordinary Greek citizens – the least able to support the burden – and it was never acknowledged that the true motive of EU-IMF Troika policy was to protect monetary union. Indeed, the Greeks were repeatedly blamed for failures that stemmed from the policy itself. This unfairness – the root of so much bitterness in Greece – is finally recognised in the report.” Read the full article here.
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Recommended reads and views

Chris Hedges: The Revenge of the Lower Classes and the Rise of American Fascism.

Michael Hudson interview: The new global financial cold war

Basic Income gaining ground:

General Wesley Clark, former Supreme Allied Commander of NATO, testifies in this 2-minute video that the US planned to overthrow seven countries after 9/11.

Wishing you a relaxing and enjoyable summer,

Thomas

Newsletter – 2014 Year end

In this edition:

  1. Upcoming interview—December 13, 11 AM Eastern time (8 AM Pacific time)
  2. My New Course Offering — Principles of Exchange Innovation
  3. Report on California Tour
  4. Major conference upcoming, June, 2015
  5. My next book?, + video projects

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Upcoming Interview

I have accepted an invitation to be the featured guest on Bartertown Radio on Saturday, December 13.

Bartertown Radio, which describes itself as “your educational station for Trade,” is a Live Radio Talk Show every Saturday Morning at 11:00 EST ( check your local time please). My interview will be all about moneyless trading and exchange innovation, particularly as it applies to the commercial trade exchange business. To listen in and/or share your thoughts you can call 1-347-989-8557 for the show. Calls can be made using any phone or by using your Skype account which provides calls at very low cost especially for those living outside the U.S.

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My New Course Offering — Principles of Exchange Innovation

As the years pass I become ever more aware of time as a scarce commodity, and as the global mega-crisis intensifies, I feel a greater urgency about the need to transcend the global interest-based, debt-money system that is driving us to destruction. Thus I am eager to pass on to the next generations the important insights and discoveries I have made over the past 35 years. I am intent on doing this in ways that will have a greater impact than the presentations, workshops and writings I have been producing over the past many years.

While I relinquished my formal academic career decades ago in favor of independent inquiry, scholarship, writing, and consulting, I remain a teacher a heart and am making it my highest priority to offer a course in the Principles of Exchange Innovation. I am quite sure that there is no other course like this anywhere, and I am uniquely qualified to conduct it.

It is my intention to guide dedicated cadres of change agents through an intensive process of inquiry, discovery, and planning to bring to market revolutionary structures and processes for value exchange that promote a sustainable economy and have the potential to usher in a new equitable and peaceful economic paradigm.

I am willing to go wherever suitable venues might be found. I’ve considered offering this as an online course, and that can be one component of it, but I believe that the impetus toward timely and effective action requires the continuity and intensity that comes from the regular face-to-face interaction and ongoing collaboration in a classroom setting.

You can find the detailed course description and syllabus here: https://beyondmoney.files.wordpress.com/2014/12/principles-of-exchange-innovation-course-syllabus.pdf.

Prospective course participants and host institutions are invited to fill out the short form at http://wp.me/P43RA-Ea. If you know of other institutions, departments, or individuals that might be interested in participating, please pass this along to them.

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California Tour-October/November

My two week trip to California in October could not have been better. It started with the Living the New Economy Convergence that was held in Oakland, October 23-24, and ended with a delightful visit with my dear friends, the Lub family, in Napa and Martinez. In between, I gave another presentation at the Institute of Noetic Sciences, attended an open house at the new Oakland offices of Berrett-Kohler Publishers, and conferred with several long-time friends and colleagues.

Living the New Economy Convergence

The convergence was the best conference I’ve attended in many years—well organized, with excellent presenters, and participants that were enthusiastic, well-informed, and intelligent.

A few of the presentations, including one of my own, were recorded by Bitcoin magazine. My presentation during the panel on The Future of Value Exchange can be found in my blog post here. Links to the others can be found here, and a few photos that I took at the Convergence can be viewed on my Picasa Web gallery. If you would like to see a more detailed report on this event, check out this one on the Shareable website.

The convergence was followed by a two day “hackathon” that gave participants an opportunity to brainstorm together and propose ideas, collaborations, and business projects. Sergio Lub’s pictures from that part of the event (October 25) are on his Flickr site.

IONS

The event at the Institute of Noetic Sciences (IONS) on the evening of October 30, was very gratifying, drawing about a dozen participants, many of whom I’ve known and worked with over the past several years. My presentation titled, The Evolution of Money and its Potential to Improve Humanity, was followed by a lively discussion that went on for more than 2 hours. The entire proceedings were video recorded by Sergio Lub and can be seen via my blog post at BeyondMoney.net.

Sonoma GoLocal

The day before I left to return to Arizona, Sergio and I visited our friends who run the Sonoma GoLocal project. This is an exciting project that goes well beyond the conventional “buy local” agenda.IMG_4919

A few years ago, Sonoma GoLocal initiated a merchant rebate program, which is gradually becoming more popular. According to Terry Garrett, about 17,000 swipe cards have been issued to consumers and there are now 53 merchants offering “Reward Points,” with each merchant choosing their own percentage rate of rebate that varies from 2% to 10%, with the median rate being 5%.

Over the past year they have experienced a growth rate of about 20% in both the number of participating merchants and the number of cardholders. Between January1 and September 30, 2014, the amount of transactions involving either issuance or redemption of Reward Points was about $3.8 million with that number expected to reach $5.5 million by year’s end. Sonoma GoLocal has been publishing both a printed pocket guide and a free bi-monthly magazine that help to make the project financially viable. You can see some photos from our meeting, including cover photos of the publications here.

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Seizing an Alternative: Toward an Ecological Civilization

I would like to make everyone aware of a major conference that is upcoming next June 4-7. This conference, to be held on the campus of Pomona College, located in Claremont, CA, is the result of several events held in conjunction (10th International Whitehead Conference, 9th International Forum on Ecological Civilization, Inaugural Pando Populus Conference, Pilgrim Place Centennial Celebration, and Process & Faith Summer Institute) and will consist of 12 Sections divided into approximately 78 Tracks. Each Track will have 8 sessions, which will be 90 minutes each.

After my meeting with renowned philosopher and theologian, John Cobb, a couple years ago, he invited me to participate in this conference which he was then helping to plan. I will be presenting in Section I, The Threatening Catastrophe: Responding Now, Track 6, Political Collapse: The Alternative. You can get all the details, and register at http://www.ctr4process.org/whitehead2015/.

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My next book?, + video projects

I’m aware that in today’s information-rich environment people tend to be overloaded and getting their attention is becoming ever more difficult. Short videos on YouTube, Vimeo, or other video showcases are probably the best bet for getting a message across. I’m hoping to find someone with the requisite editing skills to help me parse some of my recorded presentations into short topical lessons. That, combined with a new book aimed at the mass market, might attract the kind of attention, and provide the essential information needed to dispel false beliefs that prevail in the minds of the general public and stimulate the kinds of fundamental structural changes that are becoming ever more urgent. I’m inclined to give this new book a provocative title, like Everything You Know About Money (And Banking) Is Wrong! It would follow a question and answer format that presents first a fundamental question, then the orthodox answer and prevalent belief, then the truth of the matter as I have come to see it.

This project is of course a major undertaking, and if it is to achieve the kinds of results hoped for, calls for some skills and resources that exceed my own. Collaborators and suggestions are invited.

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Finally, on a personal note, after spending the summer in Bisbee, I’ve reestablished myself in Tucson, sharing a house on the far east side, close to the Rincon Mountains and Saguaro National Park. Though a bit distant from downtown, it is in a lovely, peaceful setting—rather ideal for creative work.IMG_4942

My accustomed robust health has been disturbed in recent months by some digestive difficulties. A course of medication and a combination of dietary changes and natural supplements seem to be resolving the worst of it and I’m hopeful that I’ll soon be back to normal.

Best wishes to all for a Happy Holiday Season, and may the coming year bring a great leap forward in creating a more peaceful, just, and sustainable world.

Thomas