Interviewing 22 transformational leaders from around the world, done in a recent study commisioned by the German Government (and picked up by Forbes Magazine), we also asked: “What are the currencies underlying societal transformation processes? What properties do they have? Is everything exchanged through scarcity- based, interest-based money?
We found that transformations at the societal level are based both on the criteria of "the more one gives the more one receives" and on making co-investment into a future possibility that leverages individual and collective choice. To do these, the exchange of value through scarcity based FIAT money is improved by adding many other forms of value exchange.
We found that successful societal scale transformations are always driven by an expanded Understanding of Modes of Exchanging Value: Value in societal scale transformations consciously includes additional currencies such as trust, spirituality and scientific knowledge. Furthermore, collectively developed ideas, sharing of opportunities, contributions of time, sharing of relations and access through built relationships of trust and the emergent patterns or synergies that arise are all currencies with massive power for the success of a societal scale transformation.
We found that stakeholders in such processes tend to be clear that it is not about the investment itself, but the recognition that in order to solve problems at a societal scale, they need to integrate broader perspectives, conversations and actions. Thus, they broaden their definition of value exchange and make use of approaches that go beyond money, primarily to build on and include the exchange of people’s distinct, unique contributions.
Should we question the currency of scientific knowledge as being reductionist by lacking enough currency of trust and spirituality?
What about social capital, social ties & relationships, I would have expected you to add that as one of the primary currencies?