Healthy Money, Healthy Planet: Developing Sustainability Through New Money Systems
An argument that much of the relentless pressure for global economic growth, which results in so much environmental and social damage, is due to our money system. Kent explains how most of our money is created by private banks, out of thin air as interest-bearing debt. This has led to a massive and crippling increase in debt world-wide, and a subsequent concentration of wealth and power in a small percentage of the population. This book presents the case for reform. It looks at complementary economic and monetary systems which have been tried in various countries, including New Zealand, and suggests how they could be implemented in the future. These include changes to the taxation system, community banking, commercial barter, currency circulation incentives and voucher schemes.