Uploaded October 2022 | Updated September 2026, 1 week ago
This is Part 2 of an interview with Tom Woodroof, who made the move from the world of nuclear physics to the world of mutual credit and monetary change. Here I’m going to find out more about his work, and how it can contribute to (quite revolutionary) change. Some readers will begin to see the extraordinary potential of these ideas, I think.
Part 1 is here: youtube.com/watch?v=XjOOOu77tbU
Transcript of interview, with links to organisations and information mentioned in the video: lowimpact.org/posts/a-range-of-new-monetary-tools-for-a-completely-new-economy-tom-woodroof-of-mutual-credit-services-part-2
We’re interviewing key players in the new economy, to: a) bring their work to a wider audience b) try to find ways to co-ordinate their efforts c) stimulate debate d) help to build the new economy.
Lowimpact.org: lowimpact.org
Mutual Credit Services: https://www.mutualcredit.services/
Here’s what we mean by new economy: lowimpact.org/categories/new-economy
Introduction to mutual credit: lowimpact.org/categories/mutual-credit
Introduction to use-credit obligations: lowimpact.org/categories/use-credit-obligations
Highlights:
• The point of each of our projects is that they demonstrate one of our tools. These tools can be implemented, step-by-step, from a MOS network, to trade credit club, to mutual credit club, with obvious benefits at each step, but requiring a bit more trust and collaboration.
• We’re working out how to build systems based on use-credit obligations, mutual credit, and the Credit Commons protocol, in different economic sectors and in different cultural contexts, that are all ultimately interoperable. I imagine more and more of the economy making use of these tools that we’ve got.
• I’m interested in doing academic studies on the potential emergent outcomes of these ideas. What kind of economy would emerge if large numbers of people started adopting these tools? I want to see more solid evidence.
• Instead of trying to start a business from scratch, people can start a franchise of a model that’s been shown to work. We’ll be wanting to roll out the model nationally and internationally. We can train people and provide the tools to allow them to start a project in their own community, and to plug into a wider network using the Credit Commons protocol.
This is Part 2 of an interview with Tom Woodroof, who made the move from the world of nuclear physics to the world of mutual credit and monetary change. Here I’m going to find out more about his work, and how it can contribute to (quite revolutionary) change. Some readers will begin to see the extraordinary potential of these ideas, I think.
Part 1 is here: youtube.com/watch?v=XjOOOu77tbU
Transcript of interview, with links to organisations and information mentioned in the video: lowimpact.org/posts/a-range-of-new-monetary-tools-for-a-completely-new-economy-tom-woodroof-of-mutual-credit-services-part-2
We’re interviewing key players in the new economy, to: a) bring their work to a wider audience b) try to find ways to co-ordinate their efforts c) stimulate debate d) help to build the new economy.
Lowimpact.org: lowimpact.org
Mutual Credit Services: https://www.mutualcredit.services/
Here’s what we mean by new economy: lowimpact.org/categories/new-economy
Introduction to mutual credit: lowimpact.org/categories/mutual-credit
Introduction to use-credit obligations: lowimpact.org/categories/use-credit-obligations
Highlights:
• The point of each of our projects is that they demonstrate one of our tools. These tools can be implemented, step-by-step, from a MOS network, to trade credit club, to mutual credit club, with obvious benefits at each step, but requiring a bit more trust and collaboration.
• We’re working out how to build systems based on use-credit obligations, mutual credit, and the Credit Commons protocol, in different economic sectors and in different cultural contexts, that are all ultimately interoperable. I imagine more and more of the economy making use of these tools that we’ve got.
• I’m interested in doing academic studies on the potential emergent outcomes of these ideas. What kind of economy would emerge if large numbers of people started adopting these tools? I want to see more solid evidence.
• Instead of trying to start a business from scratch, people can start a franchise of a model that’s been shown to work. We’ll be wanting to roll out the model nationally and internationally. We can train people and provide the tools to allow them to start a project in their own community, and to plug into a wider network using the Credit Commons protocol.
