Business Ethics Quarterly 32 (2):299 - 321 (2022)

Authors
Louis Larue
University of Gothenburg
Joakim Sandberg
University of Gothenburg
Abstract
Alternative currencies are means of payment that circulate alongside—as an alternative or complement to—official currencies. While these currencies have existed for a long time, both society and academia have shown a renewed interest in their potential to decentralize the governance of monetary affairs and to bring people and organizations together in more ethical or sustainable ways. This article is a review of the ethical and philosophical implications of these alternative monetary projects. We first discuss various classifications of these currencies before analyzing the ethical challenges linked to the way they tackle social and environmental issues. We also examine the incentive-based and coercive mechanisms used by these currencies from an ethical perspective and debate the promises and perils of monetary decentralization and democracy. We conclude by identifying an agenda for future research.
Keywords alternative currencies  ethics of money  ontology of money  cryptocurrencies  financial ethics
Categories (categorize this paper)
Reprint years 2022
DOI 10.1017/beq.2021.52
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy

 PhilArchive page | Other versions
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

The Social Construction of What?Ian Hacking - 1999 - Harvard University Press.

View all 26 references / Add more references

Citations of this work BETA

The Case Against Alternative Currencies.Louis Larue - 2022 - Politics, Philosophy and Economics 21 (1):75-93.

Add more citations

Similar books and articles

Making Sense of Alternative Currencies.Louis Larue - 2019 - Dissertation, Université Catholique de Louvain
Making Sense of Alternative Currencies: A Summary.Louis Larue - 2019 - Reflets Et Perspectives de la Vie Économique 57 (4):63-72.
The Case Against Alternative Currencies.Louis Larue - 2022 - Politics, Philosophy and Economics 21 (1):75-93.
Show Me the Status: Money as a Kind of Currency.Kevin M. Kniffin - 2006 - Behavioral and Brain Sciences 29 (2):188-+.
Should Bitcoin Be Classified as Money?Asya Passinsky - 2020 - Journal of Social Ontology 6 (2):281-292.
Cryptocurrencies and Business Ethics.Claus Dierksmeier & Peter Seele - 2018 - Journal of Business Ethics 152 (1):1-14.
Reflections on the Ontology of Money.Uskali Mäki - 2021 - Journal of Social Ontology 6 (2):245-263.
Just HODL? On the Moral Claims of Bitcoin and Ripple Users.Claus Dierksmeier - 2018 - Humanistic Management Journal 3 (1):127-131.
Cryptocurrencies as Narrative Technologies.Mark Coeckelbergh & Wessel Reijers - 2015 - Acm Sigcas Computers and Society 45 (3):172-178.
A Conceptual Framework for Classifying Currencies.Louis Larue - 2020 - International Journal of Community Currency Research 24 (1):45-60.

Analytics

Added to PP index
2022-02-16

Total views
123 ( #95,166 of 2,508,063 )

Recent downloads (6 months)
123 ( #5,530 of 2,508,063 )

How can I increase my downloads?

Downloads

My notes