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Giacomo Bazzani - When Money Changes Society: The case of Sardex money as community

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Giacomo Bazzani When Money Changes Society: The case of Sardex money as community
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Contents
Landmarks
Wirtschaft Gesellschaft Series Editors Andrea Maurer FB IV Soziologie - photo 1
Wirtschaft + Gesellschaft
Series Editors
Andrea Maurer
FB IV Soziologie, Universitt Trier, Trier, Germany
Uwe Schimank
SOCIUM Forschungszentrum Ungleichheit und Sozialpolitik, Universitt Bremen, Bremen, Germany

Wirtschaft und Gesellschaft ist ein wichtiges Themenfeld der Sozialwissenschaften. Daher diese Buchreihe: Sie will zentrale Institutionen des Wirtschaftslebens wie Mrkte, Geld und Unternehmen sowie deren Entwicklungsdynamiken sozial- und gesellschaftstheoretisch in den Blick nehmen. Damit soll ein sichtbarer Raum fr Arbeiten geschaffen werden, die die Wirtschaft in ihrer gesellschaftlichen Einbettung betrachten oder aber soziale Effekte des Wirtschaftsgeschehens und wirtschaftlichen Denkens analysieren. Die Reihe steht fr einen disziplinren wie theoretischen Pluralismus und pflegt ein offenes Themenspektrum.

More information about this series at http://www.springer.com/series/12587

Giacomo Bazzani
When Money Changes Society
The case of Sardex money as community
Giacomo Bazzani Department of Statistics Computer Science Applications G - photo 2
Giacomo Bazzani
Department of Statistics, Computer Science, Applications G. Parenti, University of Florence, Firenze, Italy
ISSN 2626-6156 e-ISSN 2626-6164
Wirtschaft + Gesellschaft
ISBN 978-3-658-28532-6 e-ISBN 978-3-658-28533-3
https://doi.org/10.1007/978-3-658-28533-3
Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2020
This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed.
The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.
The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Planung/Lektorat: Cori Antonia Mackrodt

This Springer VS imprint is published by the registered company Springer Fachmedien Wiesbaden GmbH part of Springer Nature.

The registered company address is: Abraham-Lincoln-Str. 46, 65189 Wiesbaden, Germany

Acknowledgements

This book is the result of research undertaken in the PhD programme in Social and Political Change at the Universities of Turin and Florence. My supervisor was Prof. Carlo Trigilia who accompanied the research in all its parts with passion, availability and professionalism. The entire PhD programme board has always encouraged and followed all the research with useful tips. In particular, I must thank Prof. Marco Bontempi who provided constant help, support and encouragement at every stage of the research.

Thanks are due to Sardex Ltd, its founders and all the staff whose willingness and availability made this research easier.

The research benefited from a One Year Research Grant (91660080) obtained from the DAAD (German Academic Exchange Service) which made it possible to refine the interpretation of the results during the 2017/2018 academic year while visiting the Max Planck Institute for the Study of Societies in Cologne and the University of Trier. An earlier version of the thesis was discussed at the Max Planck Institute for the Study of Societies in Cologne and benefited from the helpful advice of the Director, Prof. Jens Beckert, Wolfgang Streek, Fritz Scharpf, John Wilkinson, Benjamin Braun, Gregory Ferguson as well as numerous researchers at the institute. An earlier version of the research was also presented at Trier University and it benefited from the useful suggestions of Prof. Andrea Maurers research group, especially Michael Anger and Clemens Schmidt. Special thanks go to Prof. Andrea Maurer for her constant feedback which helped identify the social mechanisms and for her enthusiasm throughout the research.

Parts of the research were also discussed at conferences and seminars at the Panteion University of Social and Political Sciences in Athens, The New School in New York, the University of Constance, the University of Florence, the University of Lyon 1, Universitat Oberta de Catalunya of Barcelona, the University of Helsinki, the University of Oslo, the University of Rome La Sapienza the many comments received were beneficial. I had the opportunity to discuss the research and receive very useful advice from Patrick Aspers, Delia Baldassarri, Filippo Barbera, Jrme Blanc, Maurizio Catino, Dimitri DAndrea, Nigel Dodd, Alberto Gherardini, Giorgio Grossi, Peter Hedstrm, Lars Mjset, Paolo Perulli, Aaron Pitluck, Francesco Ramella, Roberta Ricucci and Akos Rona-Tas. Useful advice also came from the two reviewers who contributed to the final version of the text through two review rounds.

The English language manuscript editing was funded by the Inter-University Centre for Political Sociology of the Universities of Florence, Perugia and Genoa. Jane Ferguson Simpson has done an excellent and accurate job of translating and proof-reading which led to the current version of the text.

This project has taken five years and I would never have been able to carry it out on my own: I wish to thank all my family who accompanied me with trust and generosity during this extraordinary experience.

Abbreviations
F.

Founder interview n

E.

Entrepreneur interview n

CC

Complementary currency

Sardex currency

The circulating money expressed in Sardex

Sardex Ltd

The company which founded, promotes and manages the circulation of Sardex currency

Sardex network or network

The network of companies using the Sardex currency

Sardex device

All the technological and social elements involved in the functioning of the Sardex currency

Sardex project

The functioning of the Sardex currency and the economic and political form of regulation of the economy embodied

Contents
List of Figures
Fig. 3.1 Transaction volume in thousands of Sardex, historical series
Fig. 3.2 Expansion of the Sardex network to other Italian regions
Fig. 3.3 Shareholdings in Sardex Ltd
Fig. 3.4 The value and the number of transactions in Sardex per economic sector 20102016
Fig. 3.5 Distribution of Sardex transactions in each province 20102016
Fig. 4.1 Sardex selection mechanisms
Fig. 4.2 Sardex signalling mechanisms
Fig. 4.3 Reciprocity social mechanisms
Fig. 4.4 Sardex reciprocity processes
Fig. 4.5 Sardex monitoring and sanctioning mechanisms
Fig. 4.6 Sardex trust generative mechanisms
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