Grace Rachmany: a moneyless economy Part 2 @GrowingtheCommons
Grace Rachmany: a moneyless economy Part 2  @GrowingtheCommons
Uploaded May 2022 | Updated September 2026, 1 week ago
At Lowimpact we’re interviewing people who are working to build a new kind of world. We want to promote what they’re doing, and find ways to work together.

This is part 2 of an interview with Grace Rachmany, of DAO Leadership and Voice of Humanity. She has some very interesting ideas around currency design and building a new economy based on community / reputation. As with all our interviewees, we think you'll be interested in her ideas, and what she's up to.

Part 1 is here: youtube.com/watch?v=L2Ij4MNmfMI

Transcript of interview, with links to organisations mentioned in the video: lowimpact.org/posts/grace-rachmany-comparing-ideas-for-a-moneyless-economy-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

DAO Leadership: daoleadership.com

Voice of Humanity: https://www.voiceofhumanity.one/

Here’s what we mean by new economy - lowimpact.org/lowimpact-topic/new-economy

Highlights

1. We’re building an ecosystem of reputation, measuring the actual value and values of communities. It’s oblivious as to whether you use money. In the community activity, and in some transactions, no money changes hands at all.

2. One of the things that our current system has done badly is to try to redistribute wealth via bureaucracy. There’s no relatedness between individual people, just bureaucracy. I think that’s the wrong approach. I think the way you’re looking at it and the way I’m looking at it is the right approach.

3. The community makes sure that everyone gets enough of the essentials. So everyone eats properly, and extra food we can sell, and the profits could be individually owned or shared. But below the sufficiency line, we make sure everyone has enough.

4. Reputation is very important – to be able to show that I’ve done my share. The reputation system can be digital, but the community has to be real, where you know people and can provide goods and services for each other, and take care of each other.
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Grace Rachmany: a moneyless economy Part 2

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