Authors
Louis Larue
University of Gothenburg
Abstract
This paper assesses the proposal to transform the monetary system into an Ecology of money, that is, into a system made of a large diversity of complementary currencies. Its central aim is to examine whether this proposal could provide a systemic solution to both the ecological and financial crises, as several authors, most notably Lietaer and Douthwaite, have argued. To this end, it analyses the two main arguments in favour of this proposal. First, it focuses on the claim that an Ecology of money would be more resilient and less prone to crisis than the present monetary system. It shows that this argument suffers from several conceptual flaws and argues that it fails to provide sufficient normative reasons to favour an Ecology of money. Second, this paper analyses the claim that an Ecology of money could help defeat the monetary growth imperative that supposedly plagues our economies. The paper raises serious doubts about the existence of such an imperative and questions the claim that an Ecology of money could contribute to weaken it in a significant way.
Keywords Money  Lietaer  Analogical argument
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References found in this work BETA

Models and Analogies in Science.Mary B. Hesse - 1963 - University of Notre Dame Press.
Models and Analogies in Science.Mary Hesse - 1965 - British Journal for the Philosophy of Science 16 (62):161-163.

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Citations of this work BETA

The Ethics of Alternative Currencies.Louis Larue, Camille Meyer, Marek Hudon & Joakim Sandberg - 2022 - Business Ethics Quarterly 32 (2):299 - 321.
The Case Against Alternative Currencies.Louis Larue - 2022 - Politics, Philosophy and Economics 21 (1):75-93.

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