Debt or democracy
Subtitle: public money for sustainability and social justice
By: Mary Mellor
Publisher: Pluto Press
Published: 2016
Language: eng
Number of pages: 215
ISBN-13: 9780745335544; 9780745335551
Subjects: Public Debts; Public Finance
Description: "Debt or Democracy explodes the myths behind modern money. It challenges the neoliberal obsession with public debt and deficit, arguing that a much more serious problem is the privatised creation of money through bank debt that leads to boom and bust.  Far from being a burden on the taxpayer, Mary Mellor argues that public money and public expenditure is necessary for economic well-being. Arguing that money is a public resource that should be under democratic control, Debt or Democracy directly challenges conventional economic thinking and presents a radical alternative for socially just and ecologically sustainable provisioning."--Publisher's Web site.
Notes: Includes bibliographical references (pages 195-204) and index.
Table of contents: title: Introduction; title: The privatisation of money and the politics of austerity; title: Money for sustainability, sufficiency and social justice; title: Provisioning through public money; title: Misunderstanding public money : four myths and a confusion; title: Janus-faced : the central bank; title: Understanding public money; title: Public money : beyond the borders; title: Conclusion : crisis and change.