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Heloisa Primavera

Provisional Report on "World Citizens Assembly on Water"

How to take the best from everyone?

Social Responsibilities of Small and Medium Enterprises for development of People’s Economy

Peace and security in Asia and the world

Grassroot democracy by women in governance

Governance, food security and sovereignty

Workshop-visit to rural and urban India (region of Poona)

Non-governmental diplomacy – the role of NGOs in public debate and international negotiations

Discovery of Solidarity Economy/ People’s Economy in Asia

Towards a world wide social finance system (seminar)

-> all the contributions


Building bridges between successful initiatives

Facilitator: Heloisa Primavera,
(Alliance21, Workshop on Social Money, WSSE)
Reported by Heloisa Primavera

Key words: local money as social money; community development; social capital and new markets; Organization: Alliance 21, Workshop on Social Money, WSSE Previous Text: No

Subjects and Topics focused: How to gather all initiatives people recognize as successful one; how to add initiatives people do not see as successful; how to launch a money-free market

Strategies: a fine, rigorous adaptation of every case is needed to build a specific strategy, so that as many social actors as possible get involved and the initiative be legitimated by the community; as a general approach every project should tackle with:

Activation of Local Resources - in order the community gets involved and may build as many projects as possible; they will need then

Alternative Finance Systems – in order resources are really mobilized and participants may use loans to produce and not only to basic consumption;

Complementary non-monetary Systems – such as barter, multibarter, multirreciprocal trade with local currencies of different kind, once local economy is reactivated and more money in circulation is necessary to sustain this new market

Participatory public/private management – as soon as public institutions consider the initiative as a possibility to promote local development, it is very easy to establish joint management systems, for specific areas in public policies

Emerging points: all institutions involved should be trained and prepared to support the new project, in order social money is seen like a complimentary tools instead of “competition” with others; cooperatives, microcredit and revolving funds institutions should be partners or close allies, as well as local governments

A game was played by all participants in which it was possible:

1. to explore the possibilities of creating a new market among the participants;

2. every participant established a certain amount of production or services to be immediately traded;

3. the “MUMBAI TALENT” (MT) was proposed as a “local currency” to be used; every participant made its own set of MTs, which were signed by every “owner” and issued in the same amount for all (10 units)

4. a first “market” was launched, in which people could “barter” their offer or “buy” with MT;

5. an evaluation of how much was sold and bought for every one was done; different “profiles” were established and a “GDP” was estimated for the “community”

6. the challenge of establishing a new balance in the community, so that everyone had the same amount of MTs they had at the beginning, led to a new “market” in which “bargain” and small busineses were also present.

7. at the end of the game, people were asked to see from how many different participants came their “money” and, when all reached the initial amount of 10 MT, they were asked to tear or burn those bills, since they had just been produced to promote exchanges , not to save “money” at all

8. a final assessment of different aspects of the game was done and contacts were exchanged in order to get a deeper knowledge of “successful projects”.


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