Cash. Loot. Scratch. Lucre. Bread. Coin. Scrip. Moolah. Green. We all think we know intuitively what money is, and what it can do for us. Tom Greco, director of the Community Information Resource Center, understands and explains money on an eye-popping, fundamental level. Moreover, he provides a roadmap on how to make alternatives to the "legal tender" work for individuals, communities, and local economies. Money will set your mental gears spinning with fantastic ideas. This book explains the mysteries and realities of money in clear and accessible prose, and reveals the true workings, and alarming fragility, of our existing financial system. It also describes concrete and realistic actions that individuals, businesses, social service agencies, and governments can take to enhance productivity and purchasing power, to protect local economies from the ravages of globalization, and to strengthen the bonds of community. Money is a radical critique of our existing financial system, but also a practical and inspirational how-to manual for creating a vibrant and effective community currency system. You'll learn: * the truth about how money is created, and what it actually represents; * why we're all in debt; * how the financial system is structured to inevitably transfer wealth from the poor to the rich; and * how to start a financial revolution in your local community. A retired professor of business and economics, Tom Greco has spent twenty years studying community currency systems around the world, including historical models (such as during the Great Depression), and the scores of contemporary examples now operating in the United States, Canada, Europe, South America, Australia, New Zealand, and Japan. He helped establish the Tucson Traders currency in Arizona, and he has served as a consultant for many others. No pie-in-the-sky idealist, Greco offers a realistic vision of how healthy local economies can be supplemented with flourishing community currencies. Anyone who works routinely with money needs this book--this means bankers, stockbrokers, merchants, community organizers, loan sharks, gamblers, investors, bank robbers, hedge fund operators, sports agents, and ordinary people.
| ISBN | 1890132373 | | Pages | 320 | | ISBN13 | 9781890132378 (What's this?) | | Volumes | 1 | | Publisher | Chelsea Green Publishing Co | | Weight (grammes) | 476 | | Imprint | Chelsea Green Publishing Co | | Published in | White River Junction | | Format | Paperback | | Height (mm) | 234 | | Publication date | 22 Nov 2001 | | Width (mm) | 156 | | Library of Congress | 2001042155 | | Spine width (mm) | 20 | | DEWEY | 332.4 | | Academic level | General, Undergraduate | | DEWEY edition | DC21 | |
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| | | List of Illustrations | | |
| | | Foreword | | |
| | | Preface | | |
| | | Introduction | | |
| Pt. I | | Monetary Realities and Official Illusions | | |
| 1 | | What's the Matter with Money? | | 3 |
| 2 | | Community Currency and the New World Order | | 13 |
| 3 | | The Power and Place of Money | | 18 |
| 4 | | What Is Money? | | 22 |
| 5 | | The Disintegration of Local Economies | | 34 |
| 6 | | Money, Power, and the U.S. Constitution | | 41 |
| 7 | | Restoring Local Economies | | 46 |
| Pt. II | | Complementary Currencies, Past and Present | | |
| 8 | | A Brief History of Community Currencies and Private Exchange Systems | | 57 |
| 9 | | Global Finance, Inflation, and Local Currencies | | 76 |
| 10 | | New Wave Pioneers | | 86 |
| 11 | | Recent Models and Developments | | 101 |
| Pt. III | | Monetary Transformation and Community Empowerment | | |
| 12 | | Currency Fundamentals | | 127 |
| 13 | | Mutual Credit: The Foundation for Community Currencies | | 136 |
| 14 | | Basic Currency Types: A Classification Scheme | | 145 |
| 15 | | A Note on Interest | | 164 |
| 16 | | Medium of Exchange or Savings Medium? | | 172 |
| Pt. IV | | Currency Design, Improvement, and Innovation | | |
| 17 | | Improving Local Currencies, or How to Make a Good Thing Better | | 181 |
| 18 | | How to Design and Implement a Community Exchange System | | 197 |
| | More... | | |