Is Energy The Money Of The Future?

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The answer on this question will be given on the First International Social Transformation Conference that will take place on 10th - 12th July 2012 in the City of Split, Croatia. The Conference is going to be the largest event in Europe devoted to alternative monetary models. Around 150 delegates and speakers, among whom prominent scholars, scientists and economists, will gather to discuss the fundamentals of monetary system and propose sustainable monetary models.

Tesla Conference 2012

1st International Social Transformation Conference

What should new money be like, what purposes should it meet and what functions should it perform?

The current economic crisis has renewed interest in the need for global monetary reform. Only after the fundamental causes of systemic economic failures are eliminated will evolution towards a sustainable and socially just global economy become feasible. But how should the monetary system be reformed? What should new money be like, what purposes should it meet and what functions should it perform?

The ultimate aim of the First International Social Transformation Conference on Energy Currency is to place the study of alternative monetary systems within mainstream economic thinking and put global monetary reform onto the political agenda. Distinguishing features of the conference are its emphasis on discussion and adopting a multidisciplinary approach. The organizers hope this event to become a major international platform for dialogue between specialists representing very different backgrounds and perspectives, yet united by a common vision of the necessity and possibility of better currency models. The main focus of the conference will be the relationship between the dynamics of financial and energy flows and the feasibility of an energy-backed international currency.

However, all kinds of alternative currency models will be debated with equal interest and attention. The organizers commit to use their networks of influence and media support to ensure that the proceedings of the conference reach the highest political authorities, primarily – the European Commission and a number of national financial ministries.

Many prominent keynote speakers such as Ivo Slaus, Richard Andreas Werner, Michael Hudson, Mark T. Brown, Christian Arnsperger, Hazel Henderson, Ellen Brown, Margrit Kennedy, Shann Turnbull, Sgouris Sgouridis, Tony Greenham, Josh Ryan-Collins, Pat Conaty, Ludwig Schuster, Marusa Vasconcelos Freire, Jeff Eisen will deliver their speeches concerning possible future ways of economic and social development of the World.

Hares Youssef, the Founder of the 40 Foundation and Andelka Viskovic, Deputy Major of the City of Split will address the audience with greeting words.

The event will take place at the Faculty of Economics of the University of Split (Matice hrvatske 31, Split, Croatia).

You will have a great opportunity to observe the Conference online on the official website The broadcasting is powered by Hubbub –The Talking Social Network.

The 1 ISTC is organized by The 40 Foundation, The new economics foundation, The World Academy of Art and Science, The Global Round Table, City of Split, University of Split Faculty of Economics.

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Yurij Riphyak
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