Tag: Barter

Anti-money exchange Network Occupies ex Bankia branch

A former branch of Bankia in Lavapies, occupied by social economy projectsla-canica-social-money

The Canica Dispossessed Bank will house the Exchange Network of the same name and the Neighbourhood Solidarity Economy 

translated from  Diagonal by The Free

La Canica is an exchange network established for some time in various neighborhoods, which has  a social currency alternative to the euro and is already promoting, with some success, the formation of cooperatives and collectivization of resources and means of production.super-discount

Now an ex Bankia branch has been occupied as a social center, using the same name La Canica.

This former branch of Bankia in Lavapies (Madrid)  suffered dozens of demonstrations by the Housing Assemblies. In it, from 2012 activists managed to cripple dozens of evictions and force the signing of many social rent contracts. A couple of years later, Bankia decided to close it down. Continue reading “Anti-money exchange Network Occupies ex Bankia branch”

Venezuelans organise Barter 2.0 to Survive the Economic War, avoid Inflation and Tax.

barter-takes-off-in-venezuelaby Nazareth Balbás via RT

Social networks have become the ally of the family economy of Venezuelans against rising prices. Facebook, Instagram and Whatsapp work groups work as exchange sites for necessities: no money, no speculation.

The first surprise is the offer: varied, uneven, abundant. Second, the number of groups in the world. The third thing is that escapes public or private control.

Barter has become the new alternative for Venezuelans suffering the ravages of the economic war. The system, which has existed since time immemorial, gaining strength in the South American country with unique features is strongly mediated by social networks.porteo

Falling oil prices since last year has resulted in shortages of foreign exchange for the mono-exporting country. This along with the long campaign of boycott and sabotage from the USA, and the determined resistance of the deposed oligarchy articulated through the upper middle class, has led to hyperinflation and economic disaster. Continue reading “Venezuelans organise Barter 2.0 to Survive the Economic War, avoid Inflation and Tax.”

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