Financial Systems and Local Economies

Financial Systems and Local Economies

at Wongsanit Ashram

In our contemporary societies, money and our financial systems play a prominent role in our interactions, yet we mostly have no idea how money actually works. We will explore why the current economic systems no longer serve vast numbers of humanity, are driving inequalities and depleting our natural environment by creating a systemic need for economic growth. We will explore in depth the role and meaning of money, and how financial systems and institutions have been constructed.

During the 4 days we will look at what guiding ethics for economic life would help us in the creation of a sharing economy. Exploring alternative forms of exchange, we will be asking ourselves how to design for generosity, trust and participation in the service of a common good.