THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

This topic will be tackled by exploring the following five core ideas:
· The nature of unemployment has changed over the past decades,
and this process will accelerate as the Information Age takes further
hold.
· The traditional ways to handle unemployment are increasingly
going to fail.
. In areas with high unemployment, people have already
demonstrated that living conditions can be improved by creating
their own complementary currencies instead of just relying on
welfare. Surprisingly, it is not the first money question' of our Time-
Compacting Machine that is being time that such solutions have been
successfully implemented in the modem world. During the 1930s
many thousands of such initiatives were operational in the US,
Canada, Western Europe and other areas affected by the Depression.
· Complementary currencies could become a key tool to buffer a
region from the shocks caused by failures and crises in the official
money system.
. Finally, this approach is a win/win for both locally owned
businesses and society at large.
An important distinction
There is definitely enough work for everybody on the planet, but
jobs are another matter.
I will use the term 'job' to mean any activity that people do
primarily to obtain money, 'simply to make a living'. 'Employment'
will be used as a synonym for jobs in this context. 'Work' in contrast