Bashkir Wörgl: Succesfsful Farm Rescue. Implementing Gesell Money in the Shaimurat Farm, Russia


Abstract


Gesell's money has been successfully used in different territories during social-economic crises to boost business growth and to improve the welfare of the territory. However, this money has remained an exotic, rarely used tool. This situation makes it particularly important to analyze every case of using this complementary currency in different contexts. The purpose of this article was to describe a new case of using Gesell money in Shaymuratovo agricultural enterprise (Karmaskalinsky district, Bashkiria, Russia) and analyze it through the comparison of its social-economic effects with the results of the most famous case of using Gesell's money - Wörgl case. We revealed common positive social-economic effects of using the complementary currency: maintaining employment and creating new jobs, increasing turnover, stimulating business activities, developing infrastructure, paying off debts and improving the social-economic at-mosphere. We concluded that historical, geographical, political and other circumstances of implementing Gesell's money may determine its viability, specific form, rules of its functioning, and quantitative results. Nevertheless, implementing Gesell money has common types and qualitative characteristics of anti-crisis social-economic effects.

DOI Code: 10.1285/i20356609v13i1p564

Keywords: local currency; complementary currency; shaimuratiks; Shajmuratovo experiment; Gesell's money; free shillings; Wörgl

References


Blanc, J. (1998). Free Money for Social Progress: Theory and Practice of Gesell’s Accelerated Money. The American Journal of Economics and Sociology. American Journal of Economics and Sociology, Inc. https://doi.org/10.2307/3487118

Brooks, S. (2015), “How Green is Our Money? Mapping the Relationship between Monetary Systems and the Environment”,

International Journal of Community Currency Research, 19, 12-18.

Davletbaev, R. (2013), “Report on the results of the experiment in Shajmuratovo”, Law of Time, https://youtu.be/qcgKsUM9vGY

Davletbaev, R. (2015), “Alternative financial systems. Shaimuratiki - an economic miracle”, Open lecture in Kazan University, https://youtu.be/qcgKsUM9vGY

Davletbaev, R. (2016a), “Experiment with Shaimuratiki: quasi-money or commodity coupons?” Real time, https://realnoevremya.ru/articles/33807

Davletbajev, R. (2016b), “The synthesis of a positive calendar by Auguste Comte and the idea of free money by Silvio Gesell in shaimuratics”, https://davletbaev.livejournal.com/tag/шаймуратики

Davletbajev, R. (2018), “Blockchain is a technology of truth. And our people have always stood for the truth!”, Business Online, https://www.business-gazeta.ru/article/399720

Davletbaev, R., M. I. Demina, and K. F. Isaychik (2016), “The model of sustainable development of a local entrepreneurial community in conditions of limited natural resources”, Fundamental Research, 6(2): 376-380; https://fundamental-research.ru/ru/article/view?id=40427

Dittmer, K. (2013), Local currencies for purposive degrowth? A quality check of some proposals for changing money-as-usual. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2013.03.044

Federal Law of 02.10.2007 N 229-ФЗ "On Enforcement Proceedings", Federal Bailiff Service. Normative acts; https://fssprus.ru/2032946

Fisher, I. (1933), Stamp Scrip, New-York: Adelphi Company.

Genkin, A. S. (2002), Private money: history and modernity, Moscow: Alpina.

Gesell, S. (1916), Die natürliche Wirtschaftsordnung durch Freiland und Freigeld. Verlag für Sozialökonomie.

Godschalk, H. (2012), “Does Demurrage matter for Complementary Currencies?”, International Journal of Community Currency Research 16, 58-69, http://dx.doi.org/10.15133/j.ijccr.2012.012

Gómez, G. M. (2018). Monetary Plurality in Local, Regional and Global Economies. Monetary Plurality in Local, Regional and Global Economies. Routledge. https://doi.org/10.4324/9781315272238

Groppa, O. (2013), “Complementary currency and its impact on the economy, International Journal of Community Currency Research”, 17, 45 – 57, http://dx.doi.org/10.15133/j.ijccr.2013.005

Hallsmith, G., and B. Lietaer, (2011), Creating Wealth: Growing Local Economies with Local Currencies. New Society Publishers.

Hayek, F. A. (1976), Denationalisation of Money: An Analysis of the Theory and Practice of Concurrent Currencies, London: Institute of Economic Affairs.

Kanninen, T. (2013), A crisis of global sustainability, London and New York: Routledge.

Karmaskalinsky District Court of the Republic of Bashkortostan (2012), Decision of September 27, 2012, Case No. 12-6412, https://sudact.ru/regular/doc/S3X9rgch3y6O

Lietaer, B. A. (2001), The Future of Money. Creating New Wealth, Work and Wiser World, London: Random House.

Lietaer, B. A. (2010), “The Wörgl Experiment: Austria (1932-1933)”, Currency solutions for a wiser world, www.lietaer.com/2010/03/the-worgl-experiment

Lietaer, B. A., R. E. Ulanowicz, S. J. Goerner, and N. Mclaren (2011), Sustainability of the global financial system and currency diversification, Modernization. Innovations. Development, 5, https://cyberleninka.ru/article/n/ustoychivost-mirovoy-finansovoy-sistemy-i-diversifikatsiya-valyut

Muralt, A. (1933), “Der Worgler Versuch mit Schwundgeld”, Ständisches Leben, 6.

Prosecutor's Office of the Republic of Bashkortostan (2012), “The court decision on the disqualification of the head of an enterprise that paid wages by the “shaimuratiks” came into force”, https://bashprok.ru/news/news.php?ID=8154

Ranulfo, P. S. et al. (2017), “A new type of money for a Mayan community to build resilience in a context of economic crisis”, International Journal of Community Currency Research, 2017, 21, 85-97, http://dx.doi.org/10.15133/j.ijccr.2017.010

Schmitt, K. (1989), Silvio Gesell – "Marx" der Anarchisten? Texte zur Befreiung der Marktwirtschaft vom Kapitalismus und der Kinder und Mütter vom patriarchalischen Bodenunrecht, Berlin.

Schwarz, F. (1951), Das Experiment von Worgl. Ein Weg aus der Wirtschaftskrise, Bern: Synergia Verlag.

Seyfang, G., and N. Longhurst (2013), “Growing green money? Mapping community currencies for sustainable development”, Ecological Economics, 86, 65‐77.

Shaimurat farm (2019), Official web page of Shaimurat LLC, http://shaymurat.com

Statbureau (2020), ‘Tables of Monthly and Annual Inflation in Russia’, https://www.statbureau.org/ru/russia/inflation-tables

Stodder, J. (2005). “Reciprocal Exchange Networks: Implications for Macroeconomic Stability”, In Conference Proceedings, International Electronic and Electrical Engineering (IEEE), Engineering Management Society (EMS), Albuquerque, New Mexico, http://www.rh.edu/~stodder/Stodder_WIR3.htm

Stodder, J. (2009), “Complementary Credit Networks and Macro-Economic Stability: Switzerland’s Wirtschaftsring”, Journal of Economic Behavior and Organization, 72, 79–95,

http://www.rh.edu/~stodder/BE/WIR_Update.pdf

Supreme court of the republic of Bashkortostan. Decision No. 33-124 / 2013 of January 15, 2013 in case No. 33-124 / 2013, https://sudact.ru/regular/doc/4emrAuBMtKWt/

Turner, G. M. (2012), On the cusp of global collapse?: Updated comparison of the Limits to Growth with historical data. Gaia, 21(2), 116–124. https://doi.org/10.14512/gaia.21.2.10

Unterguggenberger, M. (1934), “The End Results of the Wörgl experiment”, Annals of Collective Economy, 10, 1, 1934, 60–63.

Turner, G. M. (2012). On the cusp of global collapse?: Updated comparison of the Limits to Growth with historical data. Gaia, 21(2), 116–124. https://doi.org/10.14512/gaia.21.2.10

von Weizsäcker, E. U., & Wijkman, A. (2017). Come on!: Capitalism, short-termism, population and the destruction of the planet. Come on!: Capitalism, Short-Termism, Population and the Destruction of the Planet. Springer. https://doi.org/10.1007/978-1-4939-7419-1


Full Text: PDF

Refbacks

  • There are currently no refbacks.
کاغذ a4
Bookmark and Share


Creative Commons License
This work is licensed under a Creative Commons Attribuzione - Non commerciale - Non opere derivate 3.0 Italia License.