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Do community currencies enhance sustainable quality of life?

[working paper]

Mock, Mirijam; Omann, Ines; Rauschmayer, Felix; Fuchs, Daniela

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Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-361824

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Corporate Editor Helmholtz-Zentrum für Umweltforschung - UFZ
Abstract Community currencies and their contribution to a sustainable development have been quite widely discussed. In contrast, their potential to raise the personal quality of life of their members and users has been less noted. Combining these two strands, we argue that community currencies enhance an individual sustainable quality of life. We underpin this by analysing data of an online survey of members and users of community currencies in Austria and Germany. The theoretical foundation of our analysis is the Capability Approach and its notion of quality of life, saying that a high quality of life is characterized by high freedom of choice of valuable doings and beings. A sustainable high quality of life would then be characterized by a high freedom of choice within the limits given by planetary boundaries and further sustainability criteria. This perspective allows inferringthat community currencies do not just contribute to sustainable development via their often emphasized effects in the field of regionalization and local value added, but in a much more encompassing way.
Keywords sustainable development; Federal Republic of Germany; Austria; quality of life; decision making leeway; value added; barter; economic system; social structure; exclusion; monetary system (national); unemployment; resilience; behavior modification
Classification National Economy
Document language English
Publication Year 2013
City Leipzig
Page/Pages 23 p.
Series UFZ Discussion Papers, 16/2013
ISSN 1436-140X
Status Published Version
Licence Creative Commons - Attribution-NonCommercial-ShareAlike