Finding the Opportunity in Crisis – the Greece currency workshop

Outside the Academy
The Academy in Crete

Here is the final line up for the 1.5 day event in Greece on alternative exchange and currencies…  There’s still time to register for the summit. Crisis is opportunity!

October 10th

900-1000
An introduction to money and its effects
Thomas Greco, best selling author on community currencies 1hr

1000-1030
Why “Sustainability” Professionals Need to Embrace Alternative Exchange
Professor Jem Bendell, Uni of Cumbria 30 mins

1030
Coffee, 15 mins

1045-1200
The Effects of Different Currencies: The Trading Game
Jem Bendell and Sybille Saint Girons, Les Valeureux, 1hr 15mins

1200-100
Experiences with TEM in Volos and Chania
Giannis Grigoriou, Volos TEM & Giannis Bouleros, Chania TEM, 1hr

100-215
Lunch, 1hr

215-300
Lessons from Argentina’s Social Money Movement 2001-2002
Sergio Lub, Favors.org and Thomas Greco, 45 mins

300-345
Design and Software Issues for Alternative Exchange
Matthew Slater, Community Forge 45 mins

345-400
Tea, 15 mins

400-515
Expert Roundtable
Thomas Greco, Matthew Slater, Giannis Grigoriou, Hamish Jenkins (United Nations) and Sybille Saint Girons. Chaired by Jem Bendell, 1hr

October 11th

900-930
Breakout meetings on key questions, 30 mins

930-1015
Research findings on alternative exchange in Greece
Irene Sotiropoulou, University of Crete, 45 mins

1015-1030
Coffee, 15 mins

1030-1130
Key success factors and limiting factors in mutual credit
Thomas Greco, 1hr

1130-1200
Software Demonstration
Matthew Slater, 30 mins

1200-100
Facilitated dialogue on key questions from breakout meetings
Facilitated by Jem Bendell, 1hr

100-130
Conclusions on next steps
Facilitated by Jem Bendell, 30 mins

130
Lunch
1hr

In the afternoon, depending on interest and attendance, experts and practitioners in community currencies may convene for a hosted dialogue on “Globalising Localisation: how can we help each other?”

My talks in October

This October, I will be speaking at the following events:

Singapore, on 4th, at Syinc, evening talk on the future of money

Crete, Greece, 10th and 11th, at ESA, 2 day workshop on alternative exchange and currency systems

Barcelona, Spain, on 19th, at Future Economy, a talk on the future of luxury and brands

Lancaster, UK, 31st, at University of Cumbria, with Thomas Greco on alternative exchange and currency systems

Join some meaningful fun in Crete

View from ESA
View from the Academy

An important milestone arrives in October – my 40th. I’ll be in Crete, where friends in the field of sustainability have created a unique place for experiential learning about sustainable enterprise and living. Lovely people doing great things across Europe will come together for the ‘end of summit’ party, and my birthday, in true Cretan style with lots of tasty local food with far too much wine and raki accompanied by raucous Cretan music and dancing!

Would you like to join us in a stunning state of the art eco-building in an ancient Cretan olive grove with 2000m snow capped mountain backdrop? I would be chuffed if you did.

Outside the Academy
Outside the Academy

My birthday, Friday 12th October, will be the final day of the Inaugural Summit of the European Sustainability Academy (ESA). So, if you are interested in sustainability or social change, then you would enjoy arriving earlier in the week for some of the courses and events. And especially if you are inquisitive about wellness practices, such as Yoga or Qi Gong, which will occur at various times that week. Then on Saturday 13th October there is an organised tour of local eco-enterprises and a boat trip.

Nearby Almyrida
Nearby Almyrida

The party will be happening at Liberta Villas, 2km from ESA in the village of Palaloni. I’m promised its an exquisite location with a stunning 2600m mountain backdrop. ESA is on the edge of the village of Drapanos. Liberta has some accommodation, as do the two villages, and there is still more at the nearby beach town of Almyrida (email Sharon for info: Sharon.Jackson at eurosustainability.org).

Liberta Villas
Liberta Villas

I hear that in Greece right now there is an exciting air of change and thirst for new ideas and innovations. On the 10th I will co-lead a seminar with Matthew Slater of CommunityForge.net on creating and participating in alternative exchange systems and community currencies. We will be joined by Greeks who are pioneering these solutions to the current crisis. On the 11th I will support my Lifeworth colleague Ian Doyle in leading the now-famous ‘Giving Voice to Values’ training, which helps us to understand our values and express them in difficult situations. On the morning of the 12th there will be a ‘sustainability leadership’ round-table involving some Young Global Leaders of the World Economic Forum. Then Eva Voutsaki, from Crete, will guide us through a process of developing autobiographic narratives for clarifying our personal goals, and Ed Gillespie, from Futerra, will helps us explore the importance of authenticity in our communications. Greek pioneers of sustainable enterprise and lifestyles will also be attending during the second week of the summit (which starts Oct 8th).

Inside ESA
Inside ESA

The programme will be uploaded and updated soon at www.EuroSustainability.org. The nearest airport is Chania, and Heraklion is an hour and a half away: www.whichbudget.com and www.skyscanner.net are places to find out routes. At least one guest is coming by ferry and trains. See http://www.loco2.com/ or ask me for info on overland/sea transport (as you could travel with other sustainability adventurers).

ESA opening
ESA opening

There’s no cost for attendance on the 12th or for the party. No presents either, please. Just support something local if you want to (we’ll come up with ideas). If you want to come earlier in the week for some of the events, which makes total sense, or even the full 2 week sustainability summit (what a treat!), then please email Sharon Jackson about details and fees: Sharon.Jackson at eurosustainability.org As the academy building isnt huge, and transport is cheaper if booked earlier, you should go for it now!

I do hope you can come and help me celebrate in a meaningful way.

The address:

European Sustainability Academy
Jackson A.S, Drapanos, 73008 Vamos, Chania.
http://www.EuroSustainability.org
Inaugural Sustainability Summit
2nd October – 14th October 2012

The address of my party on the 12th:
http://www.libertavillas.gr/

The answer to financial chaos lies on an island in Sweden

The financial crisis is actually a monetary crisis, and you can do something about it now.

On an island next to Stockholm, leaders in systemic solutions to financial chaos are gathering at a sustainability festival. Join them at the Future Perfect festival in Stockholm on 23-26 August, and hear a panel on monetary reforms and innovations for sustainability, and a workshop for executives who want to start, scale or participate in alternative means of exchange.

Panel: “Currencies of Transition: monetary reforms and innovations for sustainability.”

Chair: Professor Jem Bendell (Lifeworth Consulting, Community Forge and Griffith Business School)

Ben Dyson, director of Positive Money, which campaigns for a systemic solution to monetary crises, by full reserve banking.

Josh Ryan Collins, New Economics Foundation, the Brixton Pound and co-author of “Where does money come from?”

Lynnea Bylund, Board Member, Ormita, the international business barter network.

Matthew Slater, Board Member, Community Forge, a leading provider of open source software for community currencies, and editor of Community Currency magazine.

The panel will address the questions: Is a fair and sustainable economy possible with our debt-driven money system? If not, what needs to change? What is being done already? What can we do to get involved, personally and professionally? How can we make this a movement? What mistakes can we avoid?

Workshop: “How alternative exchange systems work and how to get started”

Trainers: Professor Jem Bendell and Matthew Slater

The trainers work with Community Forge, which provides free open source software for community currencies. This video explains why, what and how Community Forge operates.

You will be able to interact with these experts and others attracted to the topic, at a world class music festival! To book your tickets to the festival, visit http://www.futureperfect.se

The workshop will also be offered in Greece in the second week of October. Contact the European Sustainability Academy for more information.

Fixing the Global Jobs Crisis: time to leave assumptions behind

Mass unemployment is becoming a headache for all world leaders. At the World Economic Forums (WEF) in Davos, Bangkok and Istanbul, people were talking about how to address growing unemployment.

To find real solutions to this global jobs crisis we need to be clear on the cause of the problem. Some of the conversations I heard at the WEF revealed widely shared yet questionable assumptions about key causes of unemployment. The key myths are, as follows:

Myth 1: “Unemployment is due to falling demand.”

Are people’s needs really falling? Or just the amount of money in circulation to employ people/assets to meet those needs?

Myth 2: “Unemployment is due to technology displacing human labour.”

Could we not design systems of ownership and revenue distribution so that the income from technology frees us to work creatively and caringly for each other? How can we govern technology to release us to a world of service, not a life of redundancy?

Myth 3: “Unemployment is due to the cost of hiring and firing.”

Why then do some countries with high wages and labour standards, like Scandinavia, have less % unemployment? Where would competition between nations to lower costs of hiring and firing lead us?

Myth 4: “Unemployment is due to a lack of skills and appetite for the new types of work.”

The world has more skilled labour than ever before, and more labour mobility than ever before, and many people with Masters degrees can’t get a job.

Myth 5: “Unemployment is due to the option to claim benefits.”

Why then was the existence of benefits not keeping people out of the workforce before the recession? Why do some countries with the most supportive welfare states, like Scandinavia, have less % unemployment?

These assumptions may arise from a general lack of understanding about the first key function of a currency, which is to help connect assets, including people’s time, with needs. If a currency becomes scarce in an economy, then there is less ability for exchange. That means needs go unmet, and assets go underutilised. Its called unemployment.

I recorded a short interview for the social media corner of WEF in Istanbul to explain where we need to start looking for real solutions to the global jobs crisis.

Job Creation Without Austerity or Debt

In the face of financial crisis and mass unemployment, do you believe we have to choose between either austerity or debt-funded economic growth? Its a false choice, based on false assumptions. My video-keynote at a forthcoming conference in Denmark, explains how we can achieve job creation without austerity or more debt, by redesigning our monetary systems.

If you are near Denmark, go join the conversation at Rebuild21.

Want to learn more? Access more materials.

You have to go to this festival

Am stoked to be speaking at the world’s best sustainability festival this summer in Sweden. Once you go, you wont want to go to conferences again… and music festivals might even seem a bit has-been!

What’s Future Perfect Festival?

World-leaders in sustainable enterprise, science, design, media and more; at a world-class summer music festival; with high-quality health and well-being experiences; using creative and collaborative facilitation; enabling personal action and social enterprise. FuturePerfect Festival 2012 rises from the water on 23-26 August, at Lillsved, on the island of Värmdö in the Stockholm archipelago, Sweden. Pack your paddles, dancing shoes, sunglasses and dreams for three incredible days and nights of inspiration, creativity, exchange, passion, and relaxation offering. This is for professionals and public, young and old, individuals and group, it’s the next stage of the conversation on living well without compromise – a celebration of potential and practical change. Lifeworth is pleased to be participating in making FuturePerfect.

Check it out at http://2012.futureperfect.se/

Or see last years, to get a better sense of how the programme is going to develop:
http://2011.futureperfect.se/

Get your organisation to send a group of you… its great inspiration.

Learning About the Monetary Crisis

Ive been delighted in the interest generated by my TEDx talk on money in September. In addition to general enthusiasm, some friends and others have asked me about monetary systems, or challenged me on my depiction of them. These conversations have not got onto what to do about flawed monetary systems, as they are stuck in simple misunderstandings about the history of money, the current nature of money, and its implications for our economy, society and environment. As I mentioned in my talk, we have so many unfounded assumptions about money. Im amazed at how many high flyers in various walks of life confidently make outlandish statements about the history, nature or effect of monetary systems. We need a better understanding of these issues to then have an informed debate about solutions, and to know where to put our efforts. Ill write more about those solutions and how to get involved in a future post, but for now, here are some resources to wise up on money.

Books on the problem of debt-money:
The End of Money and the Future of Civilisation, by Thomas Greco Jr
The Future of Money, by Bernard Lietaer
The Ecology of Money, by Richard Douthwaite
The Lost Science of Money, by Stephen Zarlenga

Videos on the problem of debt-money:
Money as Debt
Money as Debt II
Money as Debt III, available from http://www.moneyasdebt.net/
Money Masters
Also see The Money Fix, Lets Make Money, and 97% owned, which can be ordered online after searching.

Interviews with an academic explaining monetary systems:
Professor Richard Werner

For proposals, training, action and analysis of action, focused on complementary currencies (rather than other solutions to the debt-money problem) see:

Value for People
International Journal of Community and Complementary Currency Research
Community Currency Magazine
Community Forge
And there’s a list of more blogs on complementary currencies.

For information and campaigns on monetary reform:
Positive Money campaign in the UK
American Monetary Institute in the USA

A multi-stakeholder dialogue on the future of finance, that includes sub-groups working on this issue is the Finance Innovation Lab

A couple of entrepreneurs looking at business opportunities from these issues include:
http://www.chrismartenson.com
http://www.simondixon.org

(For transparency: I co-developed the concept for The Finance Lab when at WWF-UK in 06/07 and am an advisor to Community Forge since 2010).

Once you read into some of this you might start wondering if its all to big to tackle… but it isnt, there are many things we, and importantly, our organisations, our employers, our local governments, can do right now. More on that in future blogs.

My ted talk is online.

Feel free to add more links to relevant resources.

TEDx talk on the need to re-design money to solve both financial crisis and environmental crisis

Why is the whole world in debt? How can we end these crises? Here is a TEDx talk on the hidden cause of the financial crisis. The real crisis is in our monetary system – the way our money is created. The solution is to redesign the way money is created. This is the underlying reform required to end the financial, environmental and social crises afflicting our societies. In this TEDx talk, Professor Jem Bendell calls on assembled broadcasters from across Europe, to expose the true nature of our current crises, and how to solve them.

Also see a transcript of the speech, delivered September 30th 2011 in Rome, at TEDxTransmedia.

Follow me at http://twitter.com/jembendell