B£ at Davos!

Its own website describes the World Economic Forum as an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. For others it is a gathering of the masters of the universe…

And this year, and against a backdrop of failing economic recovery in the UK and pretty much in most Western societies, the Brixton Pound managed its own cameo appearance at Davos! See here (scroll forward some 4 minutes and 30 seconds) the interview with Stewart Wallis, Executive Director of the New Economics Foundation (the Lambeth based think thank that has nurtured the B£). Pretty amazing stuff!

And while it may not rock mainstream global economic thinking just yet (soon, soon…), well we are chuffed! Alternative solutions that empower communities to regain some control over local trade, production, supply-chains, and which promote consumer behaviour for the benefit of the most, initiatives such as complementary currencies, transition towns, time banking, community energy projects, credit unions, all deserve a proper shot on the menu of economic development tools. And current times, for all their gloom and doom, may just mean the beginning of something new. We live in hope.

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