An attempt to re-embed money The case of complementary currencies with the euro area

This article analyzes projects of complementary currencies backed to public authority from the Polanyian concept of embeddedness. Because of market mechanisms own by euro, certain objectives can not be achieved. Fiscal complementary currency, local complementary currency or com.moms, each of them try to change, without overcoming it, this monetary and financial structure. These attempts to partially re-embed money try to control it, orient it and issue it to stimulate the economy, finance ecological transition and local production. However, each project is limited either by its efficacity or by its durability. This article intends to provide a new proposal to overcome these difficulties. By linking them, it seems to us that each proposal could work more efficiently and would be more viable.