Bernard Lietaer

Sustaining cultural vitality in a globalizing world: the Balinese example

It is generally accepted that massive tourism and a vibrant indigenous culture are mutually exclusive. Bali has so far proven to be an exception to this rule. This article explores a hitherto overlooked socio‐economic mechanism behind that exception. It is a dual complementary currency system used for centuries by highly decentralized and democratic decision‐making organizations. The reasons why such a dual currency system is so effective in mobilizing popular cultural creativity is investigated, and a systems framework is proposed to determine the conditions under which this model could be applicable outside of Bali. This framework is then tested with a second case study: traditional shell currencies in Papua New Guinea. Finally, some potential applications in areas in the world other than traditional cultures are portrayed.

Mutual learning: a systemic increase in learning efficiency to prepare for the challenges of the twenty-first century

One of the few certainties we have about our collective future is that it will require a massive amount of learning, by just about everybody, everywhere. The time for generating as many creative and collaborative knowledge builders has come. Therefore, improving the efficiency of learning could very well become a key leverage point for successfully meeting the challenges of the twenty-first century. This paper explores the possibilities of using mutual learning as a systemic means to improve learning efficiencies. This is measured through three different metrics: (1) the time required to learn, (2) the quantity of learning that is retained over time, and (3) the leveraging of the cost of scholarships through the use of a complementary currency designed to track and encourage mutual learning. In all three metrics, mutual learning is shown as an important approach to increase the effectiveness of learning and, at the very least, can be an adjunct to the conventional educational methods. Mutual learning could apply not only to learning among peers, but also to social, intergenerational, or intercultural mutual learning.