
[On the Economics and the Commons Conference I gave a short input on the topic of demonetization. The following text was written afterwards and generously edited by David Bollier.]
The question of how we deal with and act within the given monetary environment is crucial for the commons movement, since the monetary logic and the commons logic are opposites. Contrary to the claims of mainstream economics, money is not neutral or simply an informational means for mediating transactions. Thus, replacing currencies with alternative currencies of different designs basically does not change the underlying monetary logic. It amounts to changing the tools while keeping the workshop.


