THE FUTURE OF MONEY Bernard A. Lietaer About the Author Bernard Lietaer had thirty years of professional experiences, which tend to mutually exclude each . The Future of Money is a book written by Bernard Lietaer, published by Random House in , and currently out of print. It was written as an overview of how. The Future of Money has ratings and 14 reviews. Joshua said: Fascinating! It is especially prescient given that it was published in (!) yet seem.
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It is now seriously out of date. I recommend ‘The Future of Money’ to anyone interested in understanding how money works and how we can change it. Remaining locked within the prevailing money furure amounts to collectively doing what the futhre Cardon depicts so soberly. By learning the principles of Sustainable abundance, you can become a part of this quiet but momentous evolution. Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers.
The Future of Money | Currency Solutions for a Wiser World
The only exception to this rule has been in the past twenty-five years or so, when one particular national currency – the US dollar has become the global currency. Dimitris Vorisis rated it it was amazing Mar 08, By the yearthe population over 65 years of age will reach Now, you may take with you a million dollars in money in this fantasy! In addressing practical issues, Lietaer argues that one important solution is the idea of a complementary clearing house to guture currencies, giving them additional value.
Thank you from the bottom of my heart. All of Anna’s company colleagues have a similar lifestyle.
November Learn how and when to remove this template message. These items are shipped from lietqer sold by different sellers. To add insult to injury, the only societies in lietxer world today that work fewer than four hours a day are futuure surviving ‘primitive’ hunter-gatherer tribes, living roughly as they have done over the past 20, years.
We saw that our oldest information systems are money lietwer chapter 1 remember, even writing was initially invented to record financial transactions. Even the idea of YOU’ grandniece using complementary currencies as an exchange system during her trip is not new. One thing I remember is that I was disappointed that Mr. This omney the issue. However, Sustainable Abundance is only one of the possible outcomes from the current transition period.
It is not, however, just the lack of money that is precipitating present trends or preventing us from addressing current challenges. Sustainable Abundance may sound to some like an oxymoron, a contradiction in terms.
One implication of the above is that we see changes in who is issuing money – not only traditional national banking systems, but private corporations and lietaef communities as well. Even Communist countries have reproduced all its key features, except that banks became state-owned rather than private, which in practice did not prove beneficial. Then he gave to each family ten rounds, and explained that each represented the value of one chicken. Each of these five bases for hierarchy and discrimination is crumbling today because the old means of control are of dwindling efficacy.
Nevertheless, as the science fiction writer Arthur C. Bernard lays out a view that most people are not aware of. Seen as if agreement, money has much in common with other social contracts, such as political parties, nationality or marriage. Kindle Edition Verified Purchase. Whenever a currency is accepted within a community, it makes an implicit statement about power in that community. Clear-sighted, intellectually challenging, inspirational and controversial.
On his retirement, Mr. The eleventh round Once upon a time, in a small village in the Outback, people used batter for all their transactions. So had it been less advocacy and more ‘social science’ I would have rated it higher.
Information, the raw material for creating knowledge, is the next likely candidate for that role. Similarly, a change in the nature of our money system has the potential to facilitate a fundamental shift in our societies.
In summary, the current monetary system obliges us to incur debt collectively, and to compete with others in the community, just to obtain the ruture to perform exchanges between us. This is how today’s money system pits the participants in the economy against each other. Curiously, unnoticed by mainstream media and academia, new monetary experiments have already started to thrive in a dozen countries around the world. A broken towel bar is a broken hip waiting to happen. Bill Gates claims that ‘the benefits and problems arising from the Internet Revolution will be much greater than those brought about by the PC revolution’.
All of these systems will be explained in detail later. 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 interestand how it can work to everyone’s benefit to solve a wide range of problems, especially with the use of complementary currencies.
I especially found the discussion of Hureai Kippu “Caring relationship tickets” in Japan and the Elder Plan in the US mkney be fascinating—perhaps this is the way for us to resolve both the issues of an aging public and an underemployed youth without bankrupting the country.
However, he dismisses the possibility of reforming the official money system and fails to consider the effects of the debts generated by lietqer way money gets into circulation. This book lieaer detailed evidence that such a mutation is a realistic possibility.
The Future of Money
He links currency systems to their effects in societies. The power guture profit banks derive from their privilege of controlling the issue of money must be removed.
Most Balinese adults also have a professional job where they spend the other two-thirds of their working hours in what I call the ‘Competitive’ economy, the only one we know in lietawr West. What happened instead was a slow and gradual evolution of payment and banking habits.