GLOCAL CURRENCIES: A SPECIAL FOCUS ON ITALIAN COMMUNITIES AND EXPERIMENTS
GLOCAL CURRENCIES: A SPECIAL FOCUS ON ITALIAN COMMUNITIES AND EXPERIMENTS

Summary/Abstract: Glocalization is a term introduced into the sociological literature by Roland Robertson and Zygmunt Baumanto indicate “the simultaneity - the co-presence - of both universalizing and particularizing tendencies”. Indeed, nowadays in a context of financial and economical crisis glocalization appears to be more and more urgent since new kinds of “glocal currencies” (glocal, in the sense of being local but inspired by a global sense of justice and welfare) and “glocal business” could be the key to overcome the hurdles encountered in the common everyday life. In fact new micro-credit based experiments and business, like MyBnk launched by the Italian Lily Lapenna in London or the Italian KivaMap, are becoming more common and widespread.In this contribution we study and analyze examples in Italian communities like new currencies like Sardex, Dropis or Scec and micro-credit bases business. We believe that this is a way to make what John Hicks claimed come true : “money is defined by its functions. . . money is what money does”.

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