Author:
Mellor, Mary, author.
ImprintLondon : Pluto Press, [2016]
Descriptionvii, 215 pages ; 22 cm
Note:Introduction -- The privatisation of money and the politics of austerity -- Money for sustainability, sufficiency and social justice -- Provisioning through public money -- Misunderstanding public money : four myths and a confusion -- Janus-faced : the central bank -- Understanding public money -- Public money : beyond the borders -- Conclusion : crisis and change.
Bibliography Note:Includes bibliographical references (pages 195-204) and index.
Note:"Debt or Democracy explodes the myths behind modern money. It challenges the neoliberal obsession with public debt and deficit, arguing that a much more serious problem is the privatised creation of money through bank debt that leads to boom and bust. Far from being a burden on the taxpayer, Mary Mellor argues that public money and public expenditure is necessary for economic well-being. Arguing that money is a public resource that should be under democratic control, Debt or Democracy directly challenges conventional economic thinking and presents a radical alternative for socially just and ecologically sustainable provisioning."--Publisher's Web site.
