we promote Economic change

The Open Co-op is working to create new economic systems which provide appropriate ways to measure, store and exchange value. Our projects aim to highlight the solutions, and develop the tools, to power alternative economies.

Our two main projects in this area are Economic Rebellion and The Open Credit Network.

Economic Rebellion

Awareness raising project highlighting the work of Fuller and Riegel to promote our most powerful tool for change, money.

A UK network and open source directory, matching and notification system for mutual credit payments.

Read more about our work on economics in the posts below:

A new model for grant funding - to finance the collaborative Commons
The conventional funding model, in which grant making bodies hand out six figure sums to qualifying organizations, is broken. At it’s best the standard grant funding model is woefully inefficient: Huge amounts of funds are wasted on ‘administration’ Time-poor...
The self-reinforcing nature of cooperation and ethical business
Business as usual is unsustainable. Capitalism has legitimised the externalisation of various ‘costs’ to such an extent that it has become normal for companies to exploit the natural world – and their customers at the same time. Take the example...
OPEN 2020: Networked Commons Initiatives
OPEN 2020 took place entirely online over two days of talks and discussions and even some poetry – the videos are below in chronological order. You can also view them in the OPEN 2020 playlist on our YouTube channel – which includes all the...
Bristol pay
Bristol Pay – a possible future for local currencies
This webinar starts with a presentation of the history of the Bristol Pound and the learnings gained from running the UK’s largest local currency for 8 years. It then moves onto ideas for a new approach to helping the economy to transition to be greener,...
Video: OPEN 2020 - Mutual credit deep dive
Although Mutual Credit has a strong pedigree, both theoretical and practical, it cannot be said to have ‘moved the needle’ in terms of the world economy. If we believe that mutual credit is important, that it holds a promise of deep systemic change to...
VIDEO: OPEN 2020 - Introducing mutual credit
What is mutual credit? How does it work? How can we enable local mutual credit networks and transition away from the present ‘debt based’ economy and start trading within networks of trust? This introductory session on mutual credit features Giuseppe...
building the commons economy - enric duran faircoin
Building the commons economy - Q&A with Enric Duran from Faircoin
In the run up to OPEN 2020 we interviewed Enric Duran, a founding member of the Catalan Integral Cooperative (CIC – Cooperativa Integral Catalana) and Faircoop, who developed the Faircoin project. OSB: How are things going with Faircoop and Faircoin?...
OPEN 2020 Webinar – Holochain
In this webinar we hear from Grace Rachmany, Hedayat Abedijoo and Guillem Cordoba about Holochain. Holochain enables a distributed web with user autonomy built directly into its architecture and protocols. Distributing the storage and processing of data...
OPEN 2020 Webinar – SourceCred
Inn this OPEN 2020 Webinar we hear from Dandelion Mane at SourceCred and discuss how we can reward collaboration. SourceCred is building a new way measure and reward value. They are building new kinds of communities: open-source projects in which anyone...
OPEN 2020 Webinar – Open Collective
In this third intro webinar of OPEN 2020 we hear from Xavier Damman, of Open Collective –  which lets groups manage their finances so everyone can see where money comes from and where it goes, without requiring the group to be an incorporated entity....
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