Home » Issues » 2011/1 (Vol. 12) – Varia » Pierre-Joseph Proudhon’s Credit and Social Money (1809–1865)

Pierre-Joseph Proudhon’s Credit and Social Money (1809–1865)

By

Nathalie Ferreira

Abstract

Even if experiments in social currencies occupy the forefront of the recent economic scene, these new forms of trade come from a long historical lineage of monetary experiments considered as utopian and/or socialist. By using a social currency from the 19th century (the zero-interest credit) as an instrument of monetary system reform, P. J. Proudhon seems to have proposed the theoretical bases explaining the existence of social currencies today.

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