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.
A conference jointly organised by Feasta and the Debt and Development Coalition Ireland on the links between climate change, the debt crisis and global inequity
Held in association with the New Economics Foundation, Jubilee Research, the Global Commons Institute, Friends of the Irish Environment and GRIAN, the Irish arm of the Climate Action Network. With contributions via a live video link from a simultaneous conference on the same topics in South Africa.…
By John Jopling for Feasta, October 2003
This submission argues that the Sustainable Development Commission has thus far tended to emphasise symptoms of global problems rather than their root causes. In particular, it argues that the SDC should consider the role played by the global financial system in the world economy, and the link between debt-based money and the pressure on economies to expand indefinitely.
The full text can be found below or downloaded as a PDF version…
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.