A1 Journal article (refereed)
The politics of money utopias : methodological utopian explorations of the Banjar and the Neocracy (2022)

Petz, M., & Eskelinen, T. (2022). The politics of money utopias : methodological utopian explorations of the Banjar and the Neocracy. International Journal of Community Currency Research, 26(1), 1-21. https://doi.org/10.15133/j.ijccr.2022.001

JYU authors or editors

Publication details

All authors or editors: Petz, Marcus; Eskelinen, Teppo

Journal or series: International Journal of Community Currency Research

eISSN: 1325-9547

Publication year: 2022

Volume: 26

Issue number: 1

Pages range: 1-21

Publisher: RAMICS

Publication country: Australia

Publication language: English

DOI: https://doi.org/10.15133/j.ijccr.2022.001

Publication open access: Openly available

Publication channel open access: Open Access channel

Publication is parallel published (JYX): https://jyx.jyu.fi/handle/123456789/83429


Methodological utopianism is used to explore the potential of money via two examples, making use of simulacrum case study research. These examples are the Banjar, a traditional Balinese governance and currency system; and the Neocracy, a real cryptocurrency system. Both are considered through an integralist positioning with implications for practical utopianism and economic evaluation of community currency systems. Backgrounds on utopian studies, and money are given for contextualization of our approach. We take a heterodox economic position and use the “archaeological” approach of utopian thought. The simulacrum case study is introduced as a tool to foster political imagination about possible monetary systems. While the Banjar system is embedded in the local cultural milieu, anthropological learning about existing money systems stimulates the skill to see possibilities here. The Neocracy is utopian in its aims and needs to be proved in praxis with more detailed aspects of implementation being unclear at present. Yet within it we do see a utopian potential which may be realised.

Keywords: monetary systems; money (means of payment); currency; local currency; virtual currency; utopias; case study

Free keywords: simulacrum; community currency; ecological economics; social money institutions; spiritual money

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Ministry reporting: Yes

Reporting Year: 2022

Preliminary JUFO rating: 0

Last updated on 2023-10-01 at 14:01