interest

In Praise of Non-Debt-Based Money

by Graham Barnes. The debt we accumulate as individuals, companies and governments is instrumental in depleting the planet and deepening the rich-poor divide. This 'value-led' critique is powerful and compelling to those wishing to listen, but it is not enough, of itself, to procure any meaningful systemic/ structural change in the monetary regime. We need to communicate widely about the side-effects of debt-based money, and to help people to imagine non-debt based alternatives.

High oil prices kill growth prospects

by Richard Douthwaite. The price of Brent oil reached $122 per barrel last week (April 6th) and JP Morgan have forecast that it will hit €130 in the next few months. Energy prices at these levels mean that Ireland can say goodbye to any hope that it can grow its way out of its debt crisis. Because government spending cuts mean that domestic demand is almost certain to fall the country's only hope of increasing its national income is to earn more from overseas. That wiil be hard if the global economy is depressed but if the global economy grows, the world...

The Ecology of Money

The Ecology of MoneyRead The Ecology of Money online

In The Ecology of Money, Richard Douthwaite argues that just as different insects and animals have different effects on human society and the natural world, money has different effects according to its origins and purposes. Was it created to make profits for a commercial bank, or issued by a government as a form of taxation? Or was it created by its users themselves purely to facilitate their trade? And was it made in the place where it is used, or did local people have to provide goods and services to outsiders to get enough of it to trade among themselves? The Briefing shows that it will be impossible to build a just and sustainable world, unless and until money creation is democratized. Richard says that it is potentially the most important thing he has written.

The First Feasta Review

The Feasta ReviewRead this book online in its entirety

The Feasta Review was the first publication from the Foundation for the Economics of Sustainability.

The Review gathers together many of the ideas that had been circulating among people associated with Feasta. For example, it carries the full texts and the graphics of the 1999 Feasta lecture by the heretic ex-World Bank economist, Herman Daly and the 2000 lecture by David Korten, author of 'When Corporations Rule The World'. Papers by other people who have spoken at Feasta meetings are included too.