Lucidity Festival has ended
Sunday, April 8 • 5:45pm - 6:45pm
Curing Capitalism with Cooperative Enterprise and Currency Models

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As the ship of capitalism sinks we see more and more problems based on the underlying ideology of extracting resources from our communities leaving them desolated and decimated. In this workshop, we confront the issues of resource depletion and the diminishing of social capital related to direct exchange, the foundation of the current capitalist system in the US, and offer the benefits of general delayed exchange found in cooperative community and self-directed enterprise models that promote economic development based on the benefit of "We" rather than "I." Given the centrality of non-secured "fiat money" as currency in current economies throughout the world and how that fiat currency is closely tied to debt creation as it masquerades for secured "commodity money," we use an alternative digital currency model that is designed for trading industries like festivals and farming to compare the cash-based system and the system of resource pooling to examine benefits in terms of actual resource accumulation and the determination of value. This workshop focuses in-depth on illustrating these systems, examining their origins, discussing their effects on various communities, and shedding light on which is most beneficial for sustaining communities in the future. This workshop will be of importance to business owners, sustainable systems professionals, and any resource manager.

Sunday April 8, 2018 5:45pm - 6:45pm PDT
Altar of Air Lucid University Main Campus