John Wood suggests that money should be re-designed as local maps of relations, rather than as a universal register of quantities and things.
When someone tells you not to re-invent the wheel they mean you are wasting your time. Admittedly, as a design philosopher, my concept of money will seem, at best, eccentric. My thoughts about money came from trying to understand how a leader can promote a policy that will cause so much collective self-harm that their own children will be affected. In thinking about these complex matters I wondered whether the fundamental nature of money might be unsuited to our cognitive capacities, as humans.
16 year-old environmental champion, Greta Thunberg’s recent speeches about “sacrificing priceless values” remind us that mainstream economics has persuaded some of us that money is more important than nature. For example, although the Bank of England’s primary duty is the long-term security of the UK, it declines to halt its fossil fuels investments. Apparently, money is merely a medium of exchange,