A1 Journal article (refereed)
When is money not a currency? Developments from Finland of proto-community currencies (2020)
Petz, M. (2020). When is money not a currency? Developments from Finland of proto-community currencies. International Journal of Community Currency Research, 24(2), 30-53. https://doi.org/10.15133/j.ijccr.2020.0010
JYU authors or editors
Publication details
All authors or editors: Petz, Marcus
Journal or series: International Journal of Community Currency Research
eISSN: 1325-9547
Publication year: 2020
Volume: 24
Issue number: 2
Pages range: 30-53
Publisher: RAMICS
Publication country: United Kingdom
Publication language: English
DOI: https://doi.org/10.15133/j.ijccr.2020.0010
Publication open access: Openly available
Publication channel open access: Open Access channel
Publication is parallel published (JYX): https://jyx.jyu.fi/handle/123456789/72105
Abstract
The article is a case study of several digitally based schemes recently operating in Finland where some functions and properties of money are evident. While working effectively as designed, they do not fully meet the criteria of a well-functioning community currency. The schemes include: sysmä, a digitally based hyperlocal system of account introduced by the rural Sysmä municipality; Pisteet kotiin®, a housing association points system in the city of Tampere, copied from a working Dutch model; BookMooch, a global book-swapping site that has extended its operations throughout Finland. Explored in the article are the institutional enabling and inhibitory factors and implications for and from other community currency projects. Data was collected by participant observation and semi-structured interviews in all schemes. Additional media surveying, internet webscrapes and online surveying supplemented this data. Along with the demarcation problem between currency and money, the technical issues about scale and purpose, if such schemes are to develop their offerings to become fully fledged currencies, are considered. The concept of “current-see” proposed by the MetaCurrency Project, is used as a lens to evaluate if the schemes achieve their purpose and whether further development is desirable or possible. The concept of a proto-community currency is developed.
Keywords: green economy; sharing economy; local currency
Free keywords: green economics; community of use; CC terminology; integral theory; pattern language
Contributing organizations
Ministry reporting: Yes
Reporting Year: 2020
JUFO rating: 0