Feb 11 / 05   Previous   Next

www.cyberclass.net
Freedom-loving Canadian Tom Kennedy promotes the idea of community currency - as well as more controversial ideas - at his website.

Myself, I don't think it is possible or desirable to abolish interest ("usury") - unless, I suppose, a particular group of people agreed with each other to do that for themselves. But I think the community currency idea has great potential for empowering people in their local communities - by providing a choice, especially if the economy goes bad. It may possibly provide people with a way of dealing with debt problems and a way of building stronger communities in the context of a world that seems to become ever more impersonal and beyond our control.

One thought occurred to me about banks and high credit card debts.  Banks certainly should have the freedom to promote credit cards and lines of credit as much as they like, but that is not the only way to do business. Just because they are free to do that, it does not make it appropriate or right for all of their customers to be subjected to such sales pitches. Community currency is one way in which people might take a break from banks who can not seem to stop offering their customers more and more credit.

Other Canadian sites that promote community currency are: www.communitydollar.com and www.calgarydollars.ca.