Urgent Evoke

A crash course in changing the world.

Even though I don't like very much money, I personally like two solutions.
They are not particularly "new", since they have been already existing for a long time and with a lot of success.

The first is Local Exchange Trading Systems (LETS), which Evoke itself mentions in the briefing of this mission.
From Wikipedia:
How LETS works
1. Local people set up an organisation to trade between themselves, keeping their own record of accounts.
2. A directory of members' offers and requests—goods, services or items for hire, priced in local LETS units—is compiled and circulated.
3. Members use the directory to contact one another whenever they wish. They pay for any service or goods by writing a LETS cheque or credit note for an agreed amount of LETS units, or by exchanging printed LETS notes.
4. If applicable, the credit note is sent to the LETS bookkeeper who adjusts both members' accounts accordingly.

Since its commencement over 20 years ago, LETSystems have been highly innovative in adapting to the needs of their local communities in all kinds of ways. For example in Australia, people have built houses using LETS in place of a bank mortgage, freeing the owner from onerous interest payments.

Benefits of LETS
LETS can help revitalise and build community by allowing a wider cross-section of the community—individuals, small businesses, local services and voluntary groups—to save money and resources in cooperation with others and extend their purchasing power. Other benefits may include social contact, health care, tuition and training, support for local enterprise and new businesses. One goal of this approach is to stimulate the economies of economically depressed towns that have goods and services, but little official currency: the LETS scheme does not require outside sources of income as stimulus.


Of course there are also criticisms about LETS, but I love the fact that it pushes the community to generate goods for the community itself. I don't know much about economics, but I desire the most of the goods to be produced and consumed locally.

The second solution is social banking. And I'd like to mention and Italian case, which is Banca Etica (Ethical Bank).
From the website:
THE IDEA

The idea behind Banca Etica consists in creating a place where savers, driven by the common desire of a more transparent and responsible management of financial resources, may meet socio-economic initiatives, inspired by the values of a sustainable social and human development. The bank
manages savings raised from private citizens, as singles or families, organisations, companies and institutions in general, and invests them in initiatives pursuing both social and economic objectives, operating
in full respect of human dignity and the environment. In such context Banca Etica
sets out to educate both savers and borrowers by enhancing the awareness of the formers about their saving's destination, and encouraging the latter to develop their management and entrepreneurial abilities.

Banca Etica does not set out to reject the basic rules of finance, but it rather seeks to reform its main values.
THE PRINCIPLES
The principles which inspired Banca Etica's incorporation, and which today distinguish and characterise its everyday work, are stated in article 5 of its Articles of Association:

The Company adopts the following principles of Ethical Finance:
- ethically oriented finance is aware of non economic consequences of economic actions;

- access to finance, in all its forms, is a human right;

- efficiency and soberness are components of ethical responsibility;

- profit produced by the ownership and exchange of money must come from activities oriented towards common well-being and shall have to be equally distributed among all subjects which contribute to its realisation;

- maximum transparency of all operations is one of the main conditions of all ethical finance activities;

- the active involvement of shareholders and savers in the company's decision making process must be encouraged;

-
each organisation which accepts and adheres to the principles of ethical finance undertakes to inspire its entire activity to such principles.
Banca Etica is a great example of how banking can be "good".
It has a long history in Italy, even though there are only two physical agencies (Milan, Naples), all the rest of Italy is covered by ambulant agents.
Employees are very helpful, even their dress code is easy, and the agencies have no barriers to separate you from them.
They have still few clients comparing with the big big banks, but they are growing and it seems they will join other ethical banks in Europe to become an international network this year.
I'm proud to say this is my bank. =)

Thank you,
^___^

Views: 14

Comment by PJE on May 12, 2010 at 5:12pm
Sounds like a very good bank.
Comment by ob1 on May 12, 2010 at 5:19pm
I would prefer a world without banks, but this is the best I found. =)

There are good examples in France too, if you are interested. Banca Etica mentions this French financial cooperative: http://www.lanef.com/ =)
Comment by PJE on May 12, 2010 at 5:31pm
Thank you!
Comment by ob1 on May 12, 2010 at 5:32pm
^___^
Comment by Erin Sammons on May 13, 2010 at 7:41am
great post =)

Comment

You need to be a member of Urgent Evoke to add comments!

Join Urgent Evoke

Latest Activity

N updated their profile
Sep 25, 2020
Sophie C. commented on Asger Jon Vistisen's blog post Stinging Nettle
"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
Aug 19, 2020
Meghan Mulvey posted a blog post

Fourth of July on the Lake

This past weekend was the annual celebration at the lake house in Connecticut. It is amazing that the lake is still so clear and beautiful after all these years. The watershed association has done a wonderful job protecting these waters from the damaging effects of development.The wood grill was finally ready to cook on, so we didn't miss the propane tank fueled grill anymore. The food actually tasted fresher than in the past and was easy to keep fueled.Dad was very proud of the solar hybrid…See More
Jul 6, 2020
Asger Jon Vistisen posted a blog post

Stinging Nettle

In this blog post I will focus on a plant that is abundant in our nature, and which is immensely nutritious. It's of course the Stinging Nettle. Let's start with the chemical constituents of this plant:37 % Non-Nitrogen-Extracts19 - 29 % Ash9 - 21 % Fiber4 % Fat22 % ProteinOnce the leaves are drid, their protein content can reach an astounding 40 %, which is much higher than beef, which even under the best of circ**stances can never exceed 31 % protein. In addition the Stinging Nettle consists…See More
Apr 13, 2020
Jonathon McCallum posted a blog post

The meal

It is 7'oclock, I was late home from work due to an assignment that i wanted to get ahead on. By the time I get home I am feeling extremley tired and I cannot be bothered to make a proper meal. I walk to the fridge and open it to see what there is for me to eat. All of the out of date foodstuffs have been automaticaly thrown away by the fridge, they will be recycled tomorrow as animal feed or something. I see i have organic local eggs and some local cheese. Foods are vacc** sealded for easy…See More
Mar 10, 2020
Jean Paul Galea shared a profile on Facebook
Mar 1, 2020
Kevin posted a blog post

Future

FutureToday is 2020/1/1. It is just like yesterday. The war is still continuing. It has started since 2010. In 2010, that year was a horrible year. Almost every energy ran out. Every country’s governments were crushed down at the same time. There were riots everywhere. All of the big company’s bosses were killed xdeadx in the riots. Troops fought each other everywhere. Food was bought up xawayx at once. There were no more food supplies in any shops. The economy was all crushed down. All the…See More
Jan 1, 2020
Namwaka Mooto posted blog posts
Jan 13, 2016
T D updated their profile
Sep 3, 2015
Brook Warner posted blog posts
Aug 25, 2015
Santiago Vega posted blog posts
May 5, 2015
Santiago Vega commented on Santiago Vega's blog post Act 8
May 5, 2015
Santiago Vega posted photos
May 5, 2015
Rico Angel Rodriguez posted blog posts
May 2, 2015
Rico Angel Rodriguez posted a photo

public servants

The exchange works directly for state and public workers and servants. It gives them credit in exchange for the amount of public work they contribute to the community. The more constructive they are based off a base rate the more credit they recieve.
May 2, 2015
Brian Hurley posted blog posts
May 2, 2015

Follow EVOKE on Twitter




Official EVOKE Facebook Page




EVOKE RSS Activity Feed










© 2022   Created by Alchemy.   Powered by

Badges  |  Report an Issue  |  Terms of Service