Debts, Differently: Alternative Finance Organizations in Italy and France

<span class="abs_content">The main purpose of this article is to analyze the possibility of implementing financial practices that, in the principles that guide them, are different from and question the functioning of most banks in capitalist societies. In particular, the article desc...

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Main Author: Arianna Lovera
Format: article
Language:EN
Published: Coordinamento SIBA 2015
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Online Access:https://doaj.org/article/14ea35077dce43369c825a7f3a190bb9
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spelling oai:doaj.org-article:14ea35077dce43369c825a7f3a190bb92021-11-21T15:11:38ZDebts, Differently: Alternative Finance Organizations in Italy and France1972-76232035-660910.1285/i20356609v8i2p585https://doaj.org/article/14ea35077dce43369c825a7f3a190bb92015-07-01T00:00:00Zhttp://siba-ese.unisalento.it/index.php/paco/article/view/15166https://doaj.org/toc/1972-7623https://doaj.org/toc/2035-6609<span class="abs_content">The main purpose of this article is to analyze the possibility of implementing financial practices that, in the principles that guide them, are different from and question the functioning of most banks in capitalist societies. In particular, the article describes the ways in which credit relationships (i.e. relationships between credit institutions and their borrowers) are conceived and shaped by some “alternative” banks and financial cooperatives. The findings are based on ethnographic fieldwork, including observations and in-depth interviews, focused on three financial organizations: Banca Etica (Italy), MAG6 (Italy), and La Nef (France). While striving to establish “another kind of finance”, different from the capitalistic, speculative form, these banks and financial cooperatives aim to create more cooperative and solidarity-based credit relationships.</span><br />Arianna LoveraCoordinamento SIBAarticlealternative financecreditdebtrelationshipssolidarityPolitical science (General)JA1-92ENPartecipazione e Conflitto, Vol 8, Iss 2, Pp 585-608 (2015)
institution DOAJ
collection DOAJ
language EN
topic alternative finance
credit
debt
relationships
solidarity
Political science (General)
JA1-92
spellingShingle alternative finance
credit
debt
relationships
solidarity
Political science (General)
JA1-92
Arianna Lovera
Debts, Differently: Alternative Finance Organizations in Italy and France
description <span class="abs_content">The main purpose of this article is to analyze the possibility of implementing financial practices that, in the principles that guide them, are different from and question the functioning of most banks in capitalist societies. In particular, the article describes the ways in which credit relationships (i.e. relationships between credit institutions and their borrowers) are conceived and shaped by some “alternative” banks and financial cooperatives. The findings are based on ethnographic fieldwork, including observations and in-depth interviews, focused on three financial organizations: Banca Etica (Italy), MAG6 (Italy), and La Nef (France). While striving to establish “another kind of finance”, different from the capitalistic, speculative form, these banks and financial cooperatives aim to create more cooperative and solidarity-based credit relationships.</span><br />
format article
author Arianna Lovera
author_facet Arianna Lovera
author_sort Arianna Lovera
title Debts, Differently: Alternative Finance Organizations in Italy and France
title_short Debts, Differently: Alternative Finance Organizations in Italy and France
title_full Debts, Differently: Alternative Finance Organizations in Italy and France
title_fullStr Debts, Differently: Alternative Finance Organizations in Italy and France
title_full_unstemmed Debts, Differently: Alternative Finance Organizations in Italy and France
title_sort debts, differently: alternative finance organizations in italy and france
publisher Coordinamento SIBA
publishDate 2015
url https://doaj.org/article/14ea35077dce43369c825a7f3a190bb9
work_keys_str_mv AT ariannalovera debtsdifferentlyalternativefinanceorganizationsinitalyandfrance
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