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2011/11/14

Bernard Lietaer. How to save the financial system

Conventional Approach to Fund a Social or Environmental Project
- designed by Bernard Lietaer

Conventional means includes among others paying all labor required at market rates for all the relevant work.
The purpose of the system is to encourage green and healthy activities, beautify the neighborhood, and generally improve the quality of life in the neighborhood. The starting point was a survey with the question: What would be most desirable to the local resident population. The answer, particularly for the inhabitants of the apartment buildings, was to have access to a few square meters of land for gardening, for growing vegetables and flowers. The city provides access to the land: An old factory site that had been demolished and the land was left untended, plots of land that are waiting for building permits, a back part of a park, even the center of a large traffic roundabout. The land is made available for rent on a month to month basis.

Local NGO's whose mission is in alignment with that intention would also be invited to get involved.

There are two types of national currency flows that would be necessary. The first one is direct: subsidies or city projects paid out from tax income (or through debt, but that would involve over time the same amount of tax income, plus interest, only in a delayed way). The second channel is through non-profits activities.

More detail about new idea of Bernard Lietaer (euros architect) see on
http://vsocial.livejournal.com/139198.html

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