Local Currencies

Local currency systems are springing up in cities around the world, including cities in the USA. In Bristol, UK, businesses can even pay their taxes using one. Most local currency systems act in part as “buy local” programs. In one popular model, the local currency is bought with national currency and then used to purchase goods and services at local...

Mar 2016

CBFS Funding Model

The LEDDA framework offers communities a new platform to fund job creation, nonprofits, schools, and public services. In brief, the framework is designed to increase token and national-currency incomes for all LEDDA members.  As incomes rise, members contribute a portion of income gains to the Crowd-Based Financial System (CBFS), a component of the...

Mar 2016

Video of John Boik, Houston Oasis: Creating a More Egalitarian Society

John Boik’s talk at Houston Oasis, December 7, 2014 is available on YouTube. The title is “Creating a More Egalitarian Society: An Introduction to Economic Direct Democracy.” A general overview of the LEDDA framework and the LEDDA Partnership is provided.   The post Video of John Boik, Houston Oasis: Creating a More Egalitarian Society appeared first...

May 2015

Media Posts, Articles, and Stories

Articles, interviews, blog posts, and other news items published in the media about the Principled Societies Project and the LEDDA Partnership are collected here. News releases issued by Principled Societies Project can be found here.   March 16, 2015: “Rebooting Democracy” in Foreign Policy Magazine, by John Boik, Lorenzo Fioramonti, and Gary Milante. On...

May 2015

Global Partnership to Develop Parallel Economic System

Summary: The LEDDA Partnership is among the first complex-systems engineering efforts to focus on creating next-generation economic systems, ones that act in parallel with existing systems at the local level to maximize well-being. Source: Principled Societies Project, News Release HOUSTON, TEXAS; PRETORIA, SOUTH AFRICA – October 15, 2014 – Its been...

May 2015

Strategic Plan for the LEDDA Partnership

The LEDDA Partnership was established in the fall of 2014 to usher the LEDDA framework through the development and pilot trial phases. A press release announces its formation. The “10-Year Strategic Plan for the LEDDA Partnership” can be downloaded below. Download links are also provided for Exhibits F.1, F.2, and F.3 of Appendix F.     Download Strategic...

May 2015

First-in-Class Simulation Model Illustrates Economic Democracy, End of Poverty

Summary: A first-in-class simulation model of virtual US county hybrid economy illustrates how the LEDDA economic direct democracy framework could end local poverty, achieve income equality, produce full employment, and raise billions in zero-cost financing for local businesses and nonprofits. Source: Principled Societies Project, News Release HOUSTON,...

May 2015

Simulation Model Graphs

A collection of graphs is presented for the simulation model. Graphs pertain to the virtual population of size 100,000 adults. Click on any image to enlarge. Read the paper “First Microsimulation Model of a LEDDA Community Currency-Dollar Economy” for background, definitions, and details. Additional graphs for the population of size 10,000 adults are...

May 2015

Simulation Model

A computer simulation model has been published in the International Journal of Community Currency Research that illustrates token-dollar flow in a virtual US county. A press release has been issued that announces publication of the paper. The aims of the paper are to: (1) introduce the LEDDA framework and Token Exchange System (which governs dollar...

May 2015

LEDDA Framework

The Local Economic Direct Democracy Association (LEDDA) framework, or synonymously, LEDDA economic direct democracy, is a local, parallel economic system that synthesizes a host of “local,” “open,” and “participatory” approaches to make them scalable, efficient, secure, stable, and user-friendly. It builds on ideas from buy local, invest local, local...

May 2015