Money and Sustainability

* Book: "Money and Sustainability: The Missing Link" by Bernard Lietaer, Christian Arnsperger, Sally Goerner and Stefan Brunnhuber. Triarchy Press, 2012

URL = http://www.triarchypress.com/pages/Money-and-Sustainability.htm

A report from the Club of Rome to Finance Watch and the World Business Academy

Description

"Our money system systematically undermines sustainability initiatives and objectives. It is also the structural cause common to all financial and monetary instability. These systemic problems are first explained – and then elegantly resolved by the practical innovations proposed in this book.

Our money system IS the "Missing Link."

We tend to assume that we must have a single, monopolistic currency, funded through bank debt, enforced by a central bank. But we don't need any such thing!

In fact, the present system is outdated, brittle and unfit for purpose (witness the eurozone crisis). Like any other monoculture, it's profitable at first but ultimately a recipe for economic and environmental disaster. The alternative is a monetary "ecosystem," with complementary currencies alongside the conventional one. This is more flexible, resilient, fair and sustainable. Societies worked like this in the past. So can we.

In 1972, the famous first Report for the Club of Rome – The Limits to Growth – showed how an economic system that demands infinite growth in a finite world is fundamentally unsustainable. This new Report explains our present monopolistic money system and the flawed thinking that underpins it. It spells out the catastrophic problems – environmental, socio-economic and financial – that we will continue to experience unless we make radical changes. Finally, it sets out nine practical proposals, which can be implemented now, to run alongside the current money system. This book is essential reading for policy makers, business leaders and economists, anyone concerned about sustainability, those working in the field of monetary systems and anyone with an informed interested in the future of the planet."

Contents

Chapter I: Why This Report, Now?

Chapter II: Making Economic Paradigms Explicit

Chapter III: Monetary and Banking Instability

Chapter IV: Instabilities Explained – The Physics of Complex Flow Networks

Chapter V: The Effects of Today’s Money System on Sustainability

Chapter VI: The Institutional Framework of Power

Chapter VII: Examples of Private Initiative Solutions

Chapter VIII: Examples of Governmental Initiatives

Chapter IX: Beyond the Limits to Growth?

• Appendices (available online only):

1. Appendix A: A Primer about Money
2. Appendix B: Climate Change
3. Appendix C: Mapping Paradigms
4. Appendix D: Complex Flow Networks
5. Appendix E: A Chinese Insight
6. Appendix F: Wealth Concentration
7. Appendix G: Kondratieff and the "Long Wave"