Money and the Crisis of Civilization

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Article: Charles Eisenstein. Money and the Crisis of Civilization

URL = http://realitysandwich.com/money_and_crisis_civilization PDF


Summary

"Interest causes the total amount of money to grow over time, which means that either the quantity of goods and services also grows, or there is inflation. Throughout the industrial age, services have been "created" by taking activities that used to be done for free, like cooking and child care and entertainment, and pulling them into the realm of money. And goods have been "created" by conquering and exterminating nature and pulling its dead parts into the realm of money. Both processes have been slowing for decades, and lately the money supply has been forced to grow through speculative bubbles that do not even represent anything real.

Now it's all collapsing, and our best adaptation is to move as many goods and services as possible from the money economy back to the gift economy." (http://ranprieur.com/archives/021.html)