Land, Labour, Capital: Solidarity and Inequality in a Community Currency

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Abstract

Building on empirical material from 6 months ethnographically inspired fieldwork in Málaga Común, a mutual credit community currency in Southern Spain, the paper uses Ostrom’s (1991) theoretical framework on common-pool resources to look deeper into the provision and appropriation dynamics of the currency. Particular attention will be put to the sources of inequality in members’ provision and appropriation capacities. Findings suggest that, embedded as community currencies are in the conventional economy, the sources of inequality from the conventional economy are also brought into the community currency. More particularly, ownership and specialised complex skills lie behind members’ unequal capacity to earn community currency in relation to their spending needs. Some considerations are outlined to attend when designing the governance institutions of community currency schemes that aim to overcome the inequality brought in by these currencies embeddedness in the conventional economy.
Original languageEnglish
Publication date2017
Number of pages12
Publication statusPublished - 2017
EventIV International Conference on Social and Complementary Currencies: Money, Consciousness and Values for Social Change - Parque Tecnlógico Nou Barris, Barcelona, Spain
Duration: 10 May 201714 May 2017
Conference number: 4
https://ijccr.net/2016/08/27/iv-international-conference-on-social-and-complementary-currencies-10-14-may-2017/

Conference

ConferenceIV International Conference on Social and Complementary Currencies
Number4
LocationParque Tecnlógico Nou Barris
CountrySpain
CityBarcelona
Period10/05/201714/05/2017
Internet address

Bibliographical note

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Keywords

  • Inequality
  • Ostrom
  • Appropriation/provision ratio
  • Common-pool resource
  • Resource system vs. flow resource units

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