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Working at the crossroads of alternative currencies and degrowth : setting a research agenda

Bouchez, Jérémy ; Pozzebon, Marlei and Paulsson, Alexander LU (2025) In Sustainability Science
Abstract

In this review, we analyze the existing literature on the role of alternative currencies within degrowth. While degrowth emerged in the early 2000s alongside growing awareness of accelerating environmental crises and widening global inequalities, alternative currencies have a longer history. Alternative currencies have served as devices for communities seeking to become less dependent on the dominant economic system, but degrowth and technological advancements are potentially reshaping alternative currencies, both in what their purpose could be and in how they operate. When combined with degrowth, these currencies are often expected to foster greater resilience at the local level and slow down the pace of socio-ecological metabolism.... (More)

In this review, we analyze the existing literature on the role of alternative currencies within degrowth. While degrowth emerged in the early 2000s alongside growing awareness of accelerating environmental crises and widening global inequalities, alternative currencies have a longer history. Alternative currencies have served as devices for communities seeking to become less dependent on the dominant economic system, but degrowth and technological advancements are potentially reshaping alternative currencies, both in what their purpose could be and in how they operate. When combined with degrowth, these currencies are often expected to foster greater resilience at the local level and slow down the pace of socio-ecological metabolism. Building on our review, we propose a research agenda that explores how policy proposals and concepts such as universal basic income, localization, and entropy can be understood in relation to alternative currencies. Our main contribution is to identify points of convergence and tension between alternative currencies and degrowth while proposing prospective research questions to guide future studies.

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Please use this url to cite or link to this publication:
author
; and
organization
publishing date
type
Contribution to journal
publication status
epub
subject
keywords
Alternative currencies, Blockchain, Complementary currencies, Cryptocurrencies, Degrowth, Digital currencies, LETS, Local currencies, Local exchange trading systems, Localisation, Social currencies
in
Sustainability Science
article number
107152
publisher
Springer
external identifiers
  • scopus:105000560227
ISSN
1862-4065
DOI
10.1007/s11625-025-01664-0
language
English
LU publication?
yes
additional info
Publisher Copyright: © The Author(s) 2025.
id
190c314d-2972-41ab-bce4-ec6754cb540c
date added to LUP
2025-04-04 11:10:10
date last changed
2025-04-07 10:13:56
@article{190c314d-2972-41ab-bce4-ec6754cb540c,
  abstract     = {{<p>In this review, we analyze the existing literature on the role of alternative currencies within degrowth. While degrowth emerged in the early 2000s alongside growing awareness of accelerating environmental crises and widening global inequalities, alternative currencies have a longer history. Alternative currencies have served as devices for communities seeking to become less dependent on the dominant economic system, but degrowth and technological advancements are potentially reshaping alternative currencies, both in what their purpose could be and in how they operate. When combined with degrowth, these currencies are often expected to foster greater resilience at the local level and slow down the pace of socio-ecological metabolism. Building on our review, we propose a research agenda that explores how policy proposals and concepts such as universal basic income, localization, and entropy can be understood in relation to alternative currencies. Our main contribution is to identify points of convergence and tension between alternative currencies and degrowth while proposing prospective research questions to guide future studies.</p>}},
  author       = {{Bouchez, Jérémy and Pozzebon, Marlei and Paulsson, Alexander}},
  issn         = {{1862-4065}},
  keywords     = {{Alternative currencies; Blockchain; Complementary currencies; Cryptocurrencies; Degrowth; Digital currencies; LETS; Local currencies; Local exchange trading systems; Localisation; Social currencies}},
  language     = {{eng}},
  publisher    = {{Springer}},
  series       = {{Sustainability Science}},
  title        = {{Working at the crossroads of alternative currencies and degrowth : setting a research agenda}},
  url          = {{http://dx.doi.org/10.1007/s11625-025-01664-0}},
  doi          = {{10.1007/s11625-025-01664-0}},
  year         = {{2025}},
}