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Item Details
Title: DEBT OR DEMOCRACY
PUBLIC MONEY FOR SUSTAINABILITY AND SOCIAL JUSTICE
By: Mary Mellor
Format: Paperback

List price: £16.99
Our price: £14.02
Discount:
17.5% off
You save: £2.97
ISBN 10: 0745335543
ISBN 13: 9780745335544
Availability: Usually dispatched within 1-3 weeks.
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Publisher: PLUTO PRESS
Pub. date: 13 November, 2015
Pages: 224
Description: A clear case for the common ownership of money as a solution to the financial crisis
Synopsis: 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.
Publication: UK
Imprint: Pluto Press
Returns: Returnable
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