Diverse money, diverse freedoms: monetary infrastructures for solidarity and environmental sustainability

This article explores the complex relationship between money and freedom, focusing on how different types of money can promote various forms of freedom while addressing the tensions between individual autonomy and collective responsibilities. It critically examines the concept of modern money as a neutral medium, typically associated with negative freedom, in the context of global challenges. The article attributes the erosion of modern frameworks that enhance negative freedom through money to increasing interdependence and externalities and argues for the development of new types of money that can internalize global interdependencies, thereby effectively addressing contemporary challenges. The article highlights innovative monetary systems, such as Sardex and Twin Money, that support positive freedoms and promote social inclusion, environmental sustainability, and collective well-being.