Beyond Capitalist Currency: Socialist Economic Exchange Alternatives

It’s been said by a cultural critic that “It is easier for people to imagine the end of the world than to imagine the end of capitalism”. The circulation system of capitalism is money. Is it possible to provision goods and services without it? This article lays out alternatives including systems of alternative currencies, time banks and public banks as ingredients in a new circulation system.

Read in Grassroots Economic Organizing

About Bruce Lerro

Bruce Lerro has taught for 25 years as an adjunct college professor of psychology at Golden Gate University, Dominican University and Diablo Valley College. He has applied a Vygotskian socio-historical perspective to his five books: "From Earth-Spirits to Sky-Gods: the Socio-ecological Origins of Monotheism, Individualism and Hyper-Abstract Reasoning", "Power in Eden: The Emergence of Gender Hierarchies in the Ancient World" (co-authored with Christopher Chase-Dunn), "Social Change: Globalization from the Stone Age to the Present", "Lucifer's Labyrinth: Individualism, Hyper-Abstract Thinking and the Process of Becoming Civilized", and "The Magickal Enchantment of Materialism: Why Marxists Need Neopaganism". He is also a representational artist specializing in pen-and-ink drawings. Bruce is a libertarian communist and lives in Olympia, WA.

View all posts by Bruce Lerro →

Leave a Reply

Your email address will not be published. Required fields are marked *