03.- Insula Economy

The economy figures are extrapolations from the World Bank economic reports at http://data.worldbank.org/data-catalog/ . We have taken southern European countries. We use average figures for a Region of some 2.200.000 habitants.

Total Goods

Until the Insula is able to start exporting products produced by internal cooperatives to external enterprises operating in the Fractional Reserve Banking [FRB] world, the main injection of material goods comes from the Desperado jobs.

  • We suppose that 10% of the enterprises (representing 10% GDP) are affiliated to the Insula programs.
  • They add a 5% to their sales accepting Desperado jobs services in exchange of the community currency they issue for that purpose. The CC is redeemed with their products.

This represents almost the total injection (import) of goods (food, clothes, etc.) in the Insula, whatever amount of any kind of labour you add to the economy. An additional fraction comes form donations.

We have assumed that at a certain region we can arrive at an association rate of 10% of local industries, mainly SMEs, in the priority sectors, mainly the food sector. This assumption does not seem to be too risky.

The second assumption is that 5% of their sales is made with local currencies, so that their products can feed the Insula economy. This guess figure is a speculation taken from following references:

  • A standard investment in publicity is something around 2% to 3% of the forecasted sales. SMEs, and in special the small retail commerce, do not reach usually the minimum threshold to use the media. The commerce associations do a too generic advertising. The Desperado jobs advertising and sales support services can become very personalized and thus become attractive for them. A 3% of sales investment in the "buy local, buy me" campaign assumption does not look too overcooked.
  • Many local currencies start with agreements to local industries that they accept a part of any payment in local currency, say around a 10%, the rest in legal tender money, which is actually a give away discount they are ready to give to customers associated to loyalty programmes. Paying the Desperados their "buy local" campaign with local currencies worth 10% of their sales so that customers trade to get these "discount" bonds is a reasonable figure in the range of business as usual.
  • Collection of a 5% of usable food waste, a priority for the desperado jobs, at the manufacturing, service and catering and retail sectors looks also as a credible figure.

In overall, a goal of getting a 5% of the total product of the associated industries by means of local currency bonds does not seem unrealistic.


Population Indicates the categories used with the population. Adults are shown twice: one as Men and Women, another in relation with the working status.
Region Total numbers in the region.
affiliation Percent of affiliation to the Insula. Unemployed in the external economy supposed to have a much higher affiliation than the rest.
Insula Citizens Resulting numbers of registered Insula Citizens.

Insula Social Enterprises

Section to represent the economy of the Insula Social Enterprises. They provide different types of jobs, including volunteering and desperado jobs.
percent Indicates the percentage of Insula Citizens participating at each of the jobs, that is volunteering and desperado jobs. Cooperative jobs in For Profit Insula Enterprises have not been included (small in the beginning). Alternatively, another percentage may do donations in kind.
Jobs Resulting numbers of Insula jobs, or donations.
Salary Salary taken from the Salaries and Taxes sheet. Donations have been estimated 2 CC.
Total Wages Total resulting wages paid. Total donations paid in CC. The wages paid for Desperado jobs or the CC payments for donations are redeemed with external goods (green). Note: the number of desperado jobs is reversely calculated. Given a certain amount of goods in CC at the disposal form the associated enterprises, the number of Desperado jobs is this amount divided by the 144 CC agreed salary.
Insula Government Section to represent the Insula Government economy. Incomes are Taxes. Spending is the different categories of Citizens salary.
Taxe income Tax taken from the Salaries and Taxes sheet, for each of the jobs.
Total taxes Total tax income.
Social salary Different types of social salaries (family works and unemployment) taken from the Salaries and Taxes sheet.
Basic salary One unit paid to every registered Insula Citizen.
Total spend Total spend by the Insula Government.

  • The taxes model results in balanced accounts of incomes and spending of the Insula Government.
  • The value of the distributed social salaries represents around a 25% of the total value of goods in the Insula.
    • It means that the people with Desperado jobs spread through the taxes the access to the goods they import. Fully unemployed persons can buy these goods in the internal Insula market paying with TXS currency.
    • It means that the people with Desperado jobs trade part of these goods (with the CC) against services produced within the Insula.
  • When there is surplus in the Insula Government budget, it could be used at micro-credits to promote Insula cooperatives.

Trade Internal trade at the Insula of goods on any Community Currency not included in the sheet.
Also not incuded is the production of goods of the Insula cooperatives.

In the spreadsheet select Economy sheet.

Desperado Island economy