WFRF:(Larue Louis 1989)
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The Case against Alternative Currencies
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- Larue, Louis, 1989 (author)
- Gothenburg University,Göteborgs universitet,Institutionen för filosofi, lingvistik och vetenskapsteori,Department of Philosophy, Linguistics and Theory of Science
- (creator_code:org_t)
- 2022
- 2022
- English.
- In: Politics, Philosophy and Economics. - 1470-594X .- 1741-3060. ; 21:1, s. 75-93
- Journal article (peer-reviewed)
Abstract
Subject headings
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- Local Currencies, Local Exchange Trading Systems, and Time Banks are all part of a new social movement that aims to restrict money´s purchasing power within a certain geographic area, or within a certain community. According to their proponents, these restrictions may help to build sustainable local economies, to support local businesses and to create “warmer” social relations. This article inquires whether the overall enthusiasm that surrounds alternative currencies is justified. It argues that the potential benefits of these currencies are not sufficient to justify the restrictions they impose on money’s purchasing power. Turning these currencies into effective channels of change, by increasing their scope and their strength, could severely hinder the pursuit of social justice, in a way that is probably not even necessary for achieving their objectives. The paper concludes that large-scale limitations of money’s purchasing power are, therefore, undesirable.
Subject headings
- HUMANIORA -- Filosofi, etik och religion -- Etik (hsv//swe)
- HUMANITIES -- Philosophy, Ethics and Religion -- Ethics (hsv//eng)
- HUMANIORA -- Filosofi, etik och religion -- Filosofi (hsv//swe)
- HUMANITIES -- Philosophy, Ethics and Religion -- Philosophy (hsv//eng)
Keyword
- alternative currencies
- financial ethics
- social Justice
- environmental policies
Publication and Content Type
- ref (subject category)
- art (subject category)
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