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Debt or Democracy

Debt or Democracy : Public Money for Sustainability and Social Justice. 持続可能性と社会正義のための公的資金

・ISBN 978-0-7453-3555-1 hard GB£ 85.00

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・ISBN 978-0-7453-3554-4 paper GB£ 16.99

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著者・編者Mellor, Mary,
出版社(Pluto Pr., UK)
出版年月2016
ページ数216 pp.
言語ENG
ニュース番号<625-439 625-L226>

解説

This is a challenge to conventional thinking around money and the 'debt crisis'. By re-evaluating the source of money, Mary Mellor presents a radical alternative to austerity and privatisation: public wealth, or, money used for sustainability, sufficiency and social justice.

Debt or Democracy debunks the received lessons of the financial crisis of 2007. Political elites shout about a house whose finances are in disarray; a 'yawning deficit' created by reckless spending in a bloated public sector. The answer to this 'debt crisis' has been harsh austerity measures - but this is a dangerously deceptive discourse.

Turning against the prevalent narrative, with its language of 'debt' and 'deficit', Mellor takes on the familiar question - 'where does money come from?'. The real solution is a return to the notion of public wealth and the public economy; of a monetary system owned by, and operated in the interests of, the majority.