Money: Its Workings, Its Problems, Its Solutions

Instructor: Bernard Lietaer

Ubiquity University aims at providing a full spectrum of content, and a fusion of education, social innovation, and learning games, all within an integral framework. Money is our oldest information system, and the one with the most powerful impact on shaping collective behaviour patterns, that have mostly remained unconscious until now. Carl Gustav Jung pointed out that "whatever we do not bring to consciousness appears in our lives as fate.” Graduates from Ubiquity University should become masterful at observing and acting effectively with this critically important societal tool. This course will lift the veil that has been spun around the topic of money; identify the institutional and psychological mechanisms that make money our master rather than our servant. It will therefore cover for the first time the money topic from an integral perspective, covering both the exterior and interior dimension, and the individual as well as collective perspective. A variety of examples of scalable, innovative monetary systems will be explored, and the capacity developed to evaluate, design and implement such systems.

Course Learning Outcomes

By the end of the course students should be able to understand:

  1. Explain the dynamics of money, both on an individual and collective level.
  2. Understand scientifically the reasons for the repetitive monetary and financial instabilities that are characterizing our times.
  3. Choose media of exchange that are appropriate for the kind of relationships and behaviors that one wants to encourage among its users.
  4. Identify opportunities to innovate in the monetary domain by designing new systems, if and when appropriate.
  5. Play a leadership role in implementing motivation systems that reshape large scale behavior patterns.
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