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Money - The New Rules of the Game (Hardcover, 1st ed. 2017)
Loot Price: R3,528
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Money - The New Rules of the Game (Hardcover, 1st ed. 2017)
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This book advocates a holistic reform of the current monetary and
financial system dealing with the issues of money creation, central
banks, loans, stock markets, tax justice, pension security and the
international monetary system - "Bretton Woods II". Its innovative
approach presents several alternatives for each cornerstone, in
addition to introducing a participatory democratic process whereby
sovereign citizens can themselves determine the rules governing the
new financial and monetary system. With "democratic money
conventions" in each municipality, where the elements of this new
money system are discussed and decided on in a participatory
manner, and a federal money covenant which then elaborates a
template for a referendum about the future "money constitution", a
true "sovereign" could progressively convert money from a financial
weapon into a democratic tool. The envisaged democratic monetary
system, by providing equal opportunities for every member of
society to participate in the development of the "new rules of the
game", turns money progressively into a public good which increases
the freedom for all. The new system furthermore drives the
enhancement of constitutional and relational values such as human
dignity, solidarity, justice, sustainability, or democracy. Money
should serve life and should serve the common good. The "Bank for
the Common Good" Project, which was initiated in Austria by the
author Christian Felber, represents a practical example of his
proposals.
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