Are money and technology the core illusions of our time? In this
book, Alf Hornborg offers a fresh assessment of the inequalities
and environmental degradation of the world. He shows how both
mainstream and radical economists are limited by a particular
worldview and, as a result, do not grasp that conventional money is
at the root of many of the problems that are threatening societies,
not to mention planet Earth itself. Hornborg demonstrates how
market prices obscure asymmetric exchanges of resources - human
labor, land, energy, materials - under a veil of fictive
reciprocity. Such unequal exchange, he claims, underpins the
phenomenon of technological development, which is, fundamentally, a
redistribution of time and space - human labor and land - in world
society. Hornborg deftly illustrates how money and technology have
shaped our thinking and our social and ecological relations, with
disturbing consequences. He also offers solutions for their
redesign in ways that will promote justice and sustainability.
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