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The Ecology of Money
 
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The Ecology of Money [Illustrated] (Paperback)

by Richard Douthwaite (Author)
4.3 out of 5 stars  See all reviews (3 customer reviews)
RRP: £5.00
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Customers buy this book with The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics by Eric Beinhocker

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Product details

  • Paperback: 78 pages
  • Publisher: Green Books; illustrated edition edition (11 Feb 2000)
  • Language English
  • ISBN-10: 1870098811
  • ISBN-13: 978-1870098816
  • Product Dimensions: 20.9 x 14.8 x 0.9 cm
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon.co.uk Sales Rank: 305,924 in Books (See Bestsellers in Books)

    Popular in these categories:

    #54 in  Books > Scientific, Technical & Medical > Environment > Environmental Economics & Sustainability
    #54 in  Books > Science & Nature > Environment & Ecology > Environmental Economics
  • See Complete Table of Contents

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Product Description

Product Description

This text explains why 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 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 book shows that to build a just and sustainable world, money creation must be democratized and the payment of interest on money in circulation scrapped.


About the Author

Richard Douthwaite studied economics at the University of Essex and the University of the West Indies, Kingston, Jamaica. He set up and managed a boatyard in Jamaica on behalf of the island's fishing co-operatives before spending two years as Government Economist in the British colony of Montserrat. He has lived in Ireland since 1974. His book, The Growth Illusion: How Economic Growth has Enriched the Few, Impoverished the Many and Endangered the Planet, was published by Green Books in 1992 and an extended and updated second edition appeared in 1999. His other major book, Short Circuit (Green Books, 1996), gives dozens of examples of currency, banking, energy and food production systems which communities can use to make themselves less dependent on an increasingly unstable world economy. In 1998-9 he was a consultant to an EU-funded project to establish experimental community currencies in Scotland, Ireland, Amsterdam and Madrid.

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Customer Reviews

3 Reviews
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 (1)
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 (2)
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Average Customer Review
4.3 out of 5 stars (3 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
6 of 6 people found the following review helpful:
5.0 out of 5 stars Excellent intro to how money works and how to fix it, 26 May 2002
By Mr. J. DAVIES-COATES "United Diversity" (London, UK) - See all my reviews
(REAL NAME)   
This book is an absolute must-read. Guides the reader, in easy to understand language, through the world of money. What is money? Where does it come from? Who creates it? Who controls it? Why does it matter? - these questions and more are all answered. Just read it!
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1 of 1 people found the following review helpful:
4.0 out of 5 stars a good guide to the local currency concept, 28 Feb 2009
By G. bernal "g.c." (tipperary,ireland) - See all my reviews
(REAL NAME)   
this book certainly succeeds in the difficult task of explaining how
"local" currencies can and do work .what richard douthwaite has done in this compact and informative book is to show how "the people" can democratise money.this book could become required reading as the penny drops and we all realise we need an energy descent action plan.he has refreshing views on how economies can belong to the community,rather than vice versa .i envisage a time in the future where copies of his book ,dog-eared and well thumbed will be used as a point of reference.
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4.0 out of 5 stars A good history of money, 14 Sep 2009
By Sean Blanchfield (Dublin, Ireland) - See all my reviews
(REAL NAME)   
I bought this book based on a personal recommendation.

I was hoping to find a good explanation of "money from first principals" - what exactly it is, what it has been, how it works not just as it leaves my pocket for the till of the local shop, but how it works between banks and internationally. I suppose more than anything I wanted to understand where its value lies.

This book was not quite what I expected, but it still met all my above goals. It provides a very clear review of different forms of money over the ages, what their value was based on, and the implications of their differences to their respective societies. However, the main intent of the book, I suppose, is to advance an argument for the adoption of a new form of currency (or rather a mix of several) to address contempory social and environment problems. It was written before the global economic collapse, but displays uncanny foresight regarding it, and its proposals are also very interesting as a future alternative to avoid any such further crashes.

Best of all, it is written very clearly in plain language, assumes no prior financial language, and is very short (though so dense it requires careful reading).
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