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Debt or Democracy: Public Money for Sustainability and Social Justice

Mary Mellor




[PDF.yr74] Debt or Democracy: Public Money for Sustainability and Social Justice

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 | #972662 in eBooks |  2015-11-20 |  2015-11-20 | File type: PDF

||4 of 4 people found the following review helpful.| A Persuasive Case for Debt-Free Public Money, Not Privatized Bank Money|By Dick_Burkhart|This intriguing book out of the UK traces how capitalists have hijacked the control of public money, using this power to force austerity on the people by extracting trillions of unearned wealth for bankers and speculators. Historically money has gone through three epochs: “traditional| |
“Mellor has a superb understanding of the nature of money, of the institutions that underpin our monetary system, and of the economic frameworks within which monetary systems operate. I have looked forward to the publication of this book and highly

Debt or Democracy explodes the myths behind modern money. It challenges the neoliberal obsession with public debt and deficit, arguing that a much more serious problem is the privatised creation of money through bank debt that leads to boom and bust.

Far from being a burden on the taxpayer, Mary Mellor argues that public money and public expenditure is necessary for economic well-being. Arguing that money is a public resource that should be under dem...

You can specify the type of files you want, for your device.Debt or Democracy: Public Money for Sustainability and Social Justice   |  Mary Mellor. A good, fresh read, highly recommended.

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