cofi:collaborative_finance

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cofi:collaborative_finance [2026/05/20 11:16] – [What can I do?] Simon Grantcofi:collaborative_finance [2026/05/20 11:25] (current) – [Collaborative Finance (CoFi)] Simon Grant
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 Being organised at such a large scale ensures that only remote rich people design these systems and derive all the secondary benefits. But what if there was a more appropriate scale, in which trust actually played a role, in which profit was not the prime directive and was ploughed back into the system? In which the people taking risks helped to manage those risks? What if the so-called free market had space for small-scale financial services? House and car insurance in every street. What if pensions were managed by the local government which, after all is the provider of elderly care. What if we could invest in the very businesses that produce and sell our necessities, as a way of ensuring our own security? What if those businesses turned around and invested in us, making our security mutual? And what if this myriad of local human financial organisations could de-risk through voluntary federation? Being organised at such a large scale ensures that only remote rich people design these systems and derive all the secondary benefits. But what if there was a more appropriate scale, in which trust actually played a role, in which profit was not the prime directive and was ploughed back into the system? In which the people taking risks helped to manage those risks? What if the so-called free market had space for small-scale financial services? House and car insurance in every street. What if pensions were managed by the local government which, after all is the provider of elderly care. What if we could invest in the very businesses that produce and sell our necessities, as a way of ensuring our own security? What if those businesses turned around and invested in us, making our security mutual? And what if this myriad of local human financial organisations could de-risk through voluntary federation?
  
-One of the first assumptions we unpack is about the role of [[cofi:money]], the thing that integrates all our activities with the omnicidal capitalist machine, and makes <em>each of us</em> part of the problem. Money is really good for standardising accounting, taxation and fines but it is quite hard to obtain and hold on to! Maybe if we could enter into different financial relationships we could find other ways to settle debt, to account for exchange and to ensure the future?+One of the first assumptions we unpack is about the role of [[cofi:money]], the thing that integrates all our activities with the omnicidal capitalist machine, and makes *each of us* part of the problem. Money is really good for standardising accounting, taxation and fines but it is quite hard to obtain and hold on to! Maybe if we could enter into different financial relationships we could find other ways to settle debt, to account for exchange and to ensure the future?
 ===== What are the benefits of collaborative finance? ===== ===== What are the benefits of collaborative finance? =====
  
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 Finance is always a shared activity - you can't do it on your own! But you can start by deprogramming yourself from  deep cultural indoctination. Reflect on the meanings of words: Finance is always a shared activity - you can't do it on your own! But you can start by deprogramming yourself from  deep cultural indoctination. Reflect on the meanings of words:
  
-* **Money** is be a means, not an end in itself. +* **Money** is a means, not an end in itself. 
 * **Value** is what YOU value, not the market. * **Value** is what YOU value, not the market.
 * **Work** is the creation of wealth for yourself or for your community. * **Work** is the creation of wealth for yourself or for your community.
  • cofi/collaborative_finance.1779275803.txt.gz
  • Last modified: 2026/05/20 11:16
  • by Simon Grant