Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.
David KortenWe can have democracy and a prosperous, just, and sustainable human future. Or we can have corporate rule. We cannot have both.
David KortenThe current system is organized around financial values over life values. We need to shift that locus of power down to the community level because the financial markets recognize only money and thereby only financial values.
David KortenSo, there is enormous instability in the global economy with a shift of winners and losers.
David Korten