Money and sustainability - The missing link

Abstract from RESEARCHGATE:

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. Our money system is the 'Missing Link'. We assume that we must have a single, monopolistic currency, funded through bank debt, enforced by a central bank. In fact, the present system is outdated, brittle and unfit for purpose (witness the eurozone crisis). It's profitable at first but ultimately a recipe for economic environmental disaster.

New money for a new world


We can end the threats to our environment and aid dramatically in its restoration. We can help provide meaningful work for all, with opportunities that enhance and replenish the world about us. We can effectively address fundamental urban and rural concerns and the many diverse and often divergent needs of developing and developed nations alike. We can create a better world where life and all living systems flourish. This is not an idealistic dream, but is rather a pragmatic attainment, achievable within our very own lifetimes.”

The future of money - Beyond Greed and Scarcity

Summary from WIKIPEDIA

The Future of Money: Beyond Greed and Scarcity is a book published by Random House in 2001, and currently out of print. It was written as an overview of how money and the financial system works, the effects of modern money paradigms, especially relating to debt and interest, and how it can work to everyone's benefit to solve a wide range of problems, especially with the use of complementary currencies.[1] The book is meant to be written for the layperson, while bringing light to subjects that only relatively few are aware of at all levels of society.

The book givs examples of different currencies that have been used in the past or are being used today, and assessment of the positive and negative effects they carry.  While the modern money paradigm has both positive and negative consequences (e.g. that it induced industrialization), these currencies can exist in complement at the local, regional and international levels, as well as there being currencies for various sectors, such as healthcare. In order to optimally solve problems and create a healthy society, the world needs a variety of currencies in our "toolbox", and that otherwise we are "painting with a screwdriver".