The Economy As An Iceberg takes to the streets


Continuing to use the iceberg metaphor as a means of discussing and recording Govanhill’s diverse economy we took to Alison Street yesterday afternoon


below the water level activity includes:

volunteering in community shop, looking after my elderly neighbour, sharing meals, music sharing, looking after each others’ children, pet sharing and the support-in-kind economy of the arts

The Economy As An Iceberg at Yadgar Kebab House

Continuing the monthly discussion groups, this time we met at Yadgar Kebab House.


Based on JK Gibson-Graham‘s metaphor of the economy as an iceberg, the group aims to take this conversation onto the streets to invite the wider community to take part in redrawing our local economy and expand our notion of currency.

For monthly updates and next month’s venue follow @govanhillbank

For What It’s Worth

“A new project celebrates the people whose daily endeavours are ascribed little economic value but remain a vital part of life in the most diverse part of Glasgow”

A review of our women’s event in Govanhill last month. Read the full article here

The event brought together women from different backgrounds to share lunch and map their own experiences of community economy.

A short film by Hazel Sheffield


People Powered Money

The People’s Bank of Govanhill has been working with Castlemilk Timebank and the Glasgow pound working group to build a city-wide network of community currencies across Glasgow

In November 2016 we brought together Glasgow citizens, councillors, and local currency projects from across Scotland for ‘People Powered Money – Building a community currency network for Glasgow’ at Glasgow City Chambers

The report from our Theory of Change workshop hosted by Charlotte Millar from New Economy Organisers Network is now published

The Economy As An Iceberg in Tina’s Chip Shop

This month the discussion group met at Tina’s Chip Shop, Govanhill

Based on JK Gibson-Graham’s concept of redrawing our economy as an iceberg, the group looks at how we can expand our notion of currency.

The discussion group aims to take this conversation out into unexpected locations and invite the wider community to take part in redrawing our economy.

For monthly updates and next month’s venue follow @govanhillbank

photographs by Bob Moyler

A Women’s Economy in Govanhill

On Tuesday this week women from different communities met over lunch to map out their contribution to Govanhill’s economy

Taking the metaphor of The Economy As An Iceberg as our starting point, women talked about their roles as carers, unpaid labour, the sharing and giving economy

Using printing blocks, we then mapped this out on the table cloth to look at how each of us is involved in our  local economy, what we value, and where things connect

photography by Hazel Sheffield

Getting Ready for a Women’s Economy

Preparing with Women Together at The Well yesterday for our women’s lunch

This lunchtime event on 17th January will bringing together local politicians, community workers and women from diverse backgrounds to discuss our collective experiences of community economy and continue to map Govanhill’s exchange economy

The event is being documented by filmmaker Hazel Sheffield for


Currency Pioneers

The People’s Bank of Govanhill featured in the Financial Times

Scottish Currency Pioneers Consider Life After The Pound

December 31st 2016 by Mure Dickie

Full article at

Others take a more playful approach. Since returning to Scotland for a residency that started at the climax of the 2014 independence campaign, artist Ailie Rutherford has run a series of experiments exploring alternative forms of currency in the economically deprived Glasgow area of Govanhill.

The first scheme involved the issue of People’s Bank of Govanhill banknotes, which could be spent at local stalls. The notes sold not according to a fixed exchange rate with the pound, but at price depending on the income of the buyer.

Rutherford printed more Govanhill banknotes as a medium for pledges by local people that ended up ranging from offers of a lesson in Arabic to a chance to play football in a local park.

She hopes to encourage greater engagement in thinking about the economy, particularly in mapping social activity that does not involve financial exchanges.

For many the independence referendum was an opportunity to think about how things might be done differently, particularly on issues such as money where the 2008 global crisis had shaken confidence in the status quo, Ms Rutherford says.

“It has become increasingly evident to all of us that the money system is not a given,” she says. “Why shouldn’t we play around with the idea of money? That’s all that anyone else is doing anyway.”