El potencial de las monedas sociales y complementarias (Msc) para mejorar los aspectos humanos del intercambio económico

Translated title of the contribution: The potential for community and complementary currencies (Ccs) to enhance human aspects of economic exchange

    Research output: Contribution to journalArticlepeer-review

    8 Scopus citations

    Abstract

    This article explores the potential for Community and Complementary Currency (CC) use to enhance human aspects of economic exchange. As far back as Aristotle, social thinkers have expressed concern that the pursuit of profit for its own sake leads to the dehumanization of those participating in economic relations, a concern which was echoed in the work of foundational thinkers in the modern Social Sciences, for example Karl Marx and Max Weber. This article probes the scope of CC use to alleviate such dehumanization, situated within this broader social context of contemporary global Capitalism. Beginning with a review of the types of CCs, this paper considers the objectives and goals of CCs worldwide. Indeed, there is room for optimism that CCs may ease negative aspects of traditional financial exchange by serving those on the fringes of and/or excluded from formal economies, and without necessarily competing with public or private traditional banking institutions. The paper concludes with reflections on the key aspects of CCs aiding their successful implementation and sustainable use. Although this paper is conceptual in nature, it offers a meta-analysis from many case studies of CCs, and suggests that CCs can be an effective tool for lessening some of the harmful impacts of the dominant economic relations found in today’s globalized world.

    Translated title of the contributionThe potential for community and complementary currencies (Ccs) to enhance human aspects of economic exchange
    Original languageSpanish
    JournalDigithum
    Volume2019
    Issue number24
    DOIs
    StatePublished - 2019

    Keywords

    • Complementary currency
    • Digital currency
    • Economic inclusion
    • Financial transactions
    • Mobile currency
    • Mobile money
    • Social inclusion

    Fingerprint

    Dive into the research topics of 'The potential for community and complementary currencies (Ccs) to enhance human aspects of economic exchange'. Together they form a unique fingerprint.

    Cite this