Inspiring News Articles
Excerpts of Highly Inspiring News Articles in Major Media
Below are one-paragraph excerpts of highly inspiring news articles from the major media. Links are provided to the original inspiring news articles on their media websites. If any link fails, read this webpage. The most inspiring news articles are listed first. You can also explore the news articles listed by order of the date posted. For an abundance of other highly inspiring material, see our Inspiring Resources page. May these inspiring news articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
Community currencies – alternative forms of money sometimes also referred to as local or regional currencies – are as diverse as the communities they serve, from grassroots time-banking and mutual credit schemes to blockchain-based Community Inclusion Currencies. Local currencies were common until the 19th century, when the newly emerging nation states transitioned to a centralized system of government-issued money as a way of consolidating their power and stabilizing the economy. Far from being a neutral system of exchange, a currency is a tool to achieve certain goals. Inequality and unsustainability are baked into our monetary system, which is based on debt and interest with practically all the money ... being created by private banks when issuing loans. Well-designed community currencies eliminate two main sources of financial inequality: money's perceived inherent value and the interest rates, which both incentivize people to hoard their money. Like the pipes that bring water to your house, money is the conduit that gives you access to goods and services. The value of money is created in the transaction. In 2015 it was estimated that almost 400 of them are active in Spain alone, and across Africa blockchain-backed systems, like the Sarafu in Kenya, help underserved communities do business without conventional money. Elsewhere, local currencies like the Brixton pound in the U.K. or BerkShares in Massachusetts are a way to keep money in the community, buffering it against the pressures of a globalized economy.
Note: Explore more positive stories like this on reimagining the economy.
In 2015, [Jo] Nemeth had quit her community development job, given the last of her money to her 18-year-old daughter Amy and closed her bank account. "I was 46, I had a good job and a partner I loved, but I was deeply unhappy," Nemeth says. "I'd been feeling this growing despair about the economic system we live in." Her "lightbulb moment" came when her parents ... gave her a book about people with alternative lifestyles. "When I read about this guy choosing to live without money, I thought, â€Oh my God, I have to do that!'" The first thing Nemeth did was write a list of her needs. "I discovered I really didn't need much to be comfortable. Then I just started ... figuring out how I could meet my needs without having any negative impacts." For the first three years, Nemeth lived on a friend's farm, where she built a small shack from discarded building materials before doing some housesitting and living off-grid for a year in a "little blue wagon" in another friend's back yard. Instead of paying rent, Nemeth cooks, cleans, manages the veggie garden and makes items such as soap, washing powder and fermented foods. And she couldn't be happier. She soon started tapping into the "gift economy" more deeply, giving without expecting anything in return, receiving without any sense of obligation. "That second part took a while to get used to," she says. "It's very different to bartering or trading, which involves thinking in a monetary, transactional way: I'll give you this if you give me that. I actually feel more secure than I did when I was earning money," she says, "because all through human history, true security has always come from living in community and I have time now to build that â€social currency'. To help people out, care for sick friends or their children, help in their gardens. That's one of the big benefits of living without money."
Note: Explore more positive stories like this on reimagining the economy.
