commons-backed currency

Czech translation: měna krytá společným majetkem

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:commons-backed currency
Czech translation:měna krytá společným majetkem
Entered by: Pavel Slama

16:49 Jul 27, 2014
English to Czech translations [PRO]
Economics / Gift economy
English term or phrase: commons-backed currency
The money system described so far in this book removes many of the barriers to local economic sovereignty and weakens the pressure toward globalization. Here are three ways:

1. Much global trade is only economic because of hidden social and ecological subsidies, which would be eliminated by the internalization of costs.

2. Commons-backed currency relocalizes economic power since many of the commons are local or bioregional in nature.

Negative interest allows productive investment to continue, and money to circulate, even when the marginal return on capital is zero or less, while a commons-backed currency frees work to go toward nonconsumptive purposes.
Aneta Turner
Czech Republic
Local time: 22:56
měna krytá společným/veřejným majetkem (občinou)
Explanation:
Občina je přímo z Marxe

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Note added at 54 mins (2014-07-27 17:43:56 GMT)
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Já totiž myslím, že občina je původně obecní pastvina, což docela sedí s tím commons are local or bioregional in nature

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Note added at 1 hr (2014-07-27 18:23:27 GMT)
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ssjc.ujc.cas.cz/search.php?hledej=Hledat&heslo=občina
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Pavel Slama
United Kingdom
Local time: 21:56
Grading comment
Mockrát děkuji :)
4 KudoZ points were awarded for this answer



Summary of answers provided
4měna krytá společným/veřejným majetkem (občinou)
Pavel Slama


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50 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
měna krytá společným/veřejným majetkem (občinou)


Explanation:
Občina je přímo z Marxe

--------------------------------------------------
Note added at 54 mins (2014-07-27 17:43:56 GMT)
--------------------------------------------------

Já totiž myslím, že občina je původně obecní pastvina, což docela sedí s tím commons are local or bioregional in nature

--------------------------------------------------
Note added at 1 hr (2014-07-27 18:23:27 GMT)
--------------------------------------------------

ssjc.ujc.cas.cz/search.php?hledej=Hledat&heslo=občina

Pavel Slama
United Kingdom
Local time: 21:56
Works in field
Native speaker of: Native in CzechCzech
PRO pts in category: 7
Grading comment
Mockrát děkuji :)
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