Contents -- Preface -- 1 The Money Society -- Money and society -- Globalisation and finance -- The limits of money -- Money and economics -- Vogon economic theory -- Wider solutions for specific problems -- Mapping a way forward -- Outline of the book -- 2 Why is There No Alternative? -- Economics as normal science -- Classical and neo- classical schools of economic thought -- Basic assumptions of orthodox economics -- The abstraction of economic systems -- The role of money in the circular flow -- The elimination of time in the circular flow model -- Capital's non-existence in the circular flow -- Alternatives and variants -- The flawed logic of orthodox approaches -- The problem of growth -- Chrematistics or oikonomics? Production or provisioning? -- There is an alternative -- 3 Money, Banking and Credit -- Money in history -- Does money have a natural value? -- Origins of banking and credit -- John Law and banking as money creation -- The evolution of the debt- based money economy -- Money as debt/ credit -- Credit and the velocity of money -- How banks multiply money -- Fractional reserve banking -- The evolution of the money creation process -- 4 Capitalism - The Elimination of Alternatives -- Characteristics of capitalism -- Property as enclosure -- Enclosing knowledge and skills -- The capitalist market -- Marx, money and value -- The political construction of the capitalist market -- Enforcing the free market on a global scale -- Challenging the market -- 5 Marx, Veblen and the Critique of the Money/ Market System -- Marx's legacy -- Thorstein Veblen's institutional perspective -- Class, work and waged labour -- Work as transformation -- 6 Guild Socialism and Social Credit -- From labourism to social credit -- The origins of social credit -- Douglas and social credit -- The Draft Mining Scheme -- The case for socialisation of credit.

Douglas' A+ B theorem and the flawed circular flow model -- 7 Institutional Critiques of Capitalist Finance -- The credit basis of capitalism -- The headquarters of the capitalist system -- National dividend -- Reclaiming the common cultural inheritance -- The utility of work versus the disutility of labour -- Personal income and the utility of labour -- Sufficiency and economic democracy -- 8 New Critiques: Green Economics and Feminist Economics -- Ecology and economics -- Environmental or ecological economics? -- Ecology and food provisioning: from soil cultivation to soil mining -- Socially responsible finance -- Women and economics: the marginalisation of women -- Rethinking the economy -- Re-visioning cash purchases as social relations -- 9 New Ways of Thinking About Money and Income -- Local currency and exchange systems -- Local money -- Mutual credit systems -- LETS schemes -- Basic (or citizen's) income -- Producer banks the example of Mondragon -- Sufficiency and financial independence -- Jubilee 2000 -- Micro- credit -- Linking practice with theory -- 10 Towards Sustainability and Economic Democracy -- Money as a social phenomenon -- Monetary reform -- From waged labour to social credit -- Sufficiency and subsistence -- The good ship TINA -- A new vision -- Bibliography -- Index -- Adams, John -- 13 -- 165 -- agribusiness -- 95 -6 -- 171 -- agriculture -- 7 -8 -- 167 -9 -- anti-globalisation movement -- 24 -- 70 -- 77 -- 95 -- 210 -- anti-trust laws 92 -3 -- Argentina -- 9 -- 54 -- 191 -- Aristotle -- 42 -- 49 -- 61 -- 86 -- 111 -- Arizmediarrietta, José Maria -- 131 -- 195 -6 -- Athanasiou, Tom 159 -60 -- Bangaladesh -- 119 -- 202 -3 -- Bank of England -- 56 -- 64 -- banks/banking -- 55 -7 -- 63 -8 -- 143 -- 145 -6 -- 209 -- 215 -- 216 -17 -- ethical 172 -3 -- Barataria initiatives 188 -9 -- barter -- 11 -- 31 -- 32 -- 33 -- 82.

85 -- basic income -- 162 -- 192 -5 -- 221 -- Basic Income European Network [BIEN] 192 -- Belloc, Hilaire 127 -- Bennholdt-Thomsen, Veronika -- 77 -8 -- 223 -- 224 -- Bentham, Jeremy 26 -- Berry, Thomas 197 -- Bhaduri, Amit 117 -- Blair, Tony 2 -3 -- bookkeeping money 65 -6 -- Booth, David -- 160 -- 163 -- 164 -- Brennan, Teresa 165 -- Brohman, John 182 -- Buchan, James -- 15 -- 49 -- 50 -- 52 -- 56 -7 -- 58 -- 59 -60 -- Cahn, Edgar 186 -- capital -- 34 -5 -- 179 -- 181 -- finance 111 -13 -- finance 144 -5 -- finance 178 -- finance 179 -- finance 205 -- social 9 -- social 177 -8 -- social 219 -- capitalism -- 71 -2 -- 81 -4 -- 90 -4 -- 107 -9 -- 142 -6 -- alternatives to 17 -- alternatives to 71 -4 -- alternatives to 97 -- alternatives to 123 -41 -- alternatives to 208 -- alternatives to 220 -- alternatives to 222 -- alternatives to 226 -9 -- and democracy 18 -- and democracy 59 -60 -- and democracy 70 -- and democracy 107 -- and environmental accounting 163 -- and environmental accounting 166 -- control of means of production 14 -15 -- control of means of production 37 -- control of means of production 72 -3 -- control of means of production 84 -- control of means of production 96 -- control of means of production 98 -- Carchedi, Guglielmo 32 -- Carney, Diana 177 -8 -- Carson, Rachel -- 8 -- 158 -- Chesterton, G.K. 127 -- chrematistics -- 42 -3 -- 61 -- 111 -- circular flow model -- 11 -- 25 -6 -- 85 -- 142 -3 -- 218 -- 227 -- alternatives to 35 -9 -- and capital 34 -5 -- and capital 144 -- and Douglas' A+B theorem 128 -- and Douglas' A+B theorem 138 -41 -- and time 33 -4 -- role of money in 31 -3 -- role of money in 59 -- citizenship 2 -3 -- Clark, John Bates 112 -- class relations -- 114 -21 -- 221 -- Cobb, John B. Jr. 40 -1 -- Cole, G.D.H. -- 104 -- 128 -- 147 -- 149 -50 -- commodity fetishism -- 82 -3.

181 -- commons -- 77 -80 -- 223 -- Community Supported Agriculture [CSA] 171 -2 -- consumerism -- 82 -3 -- 111 -- emulative 104 -- emulative 114 -15 -- emulative 121 -- emulative 135 -- green 158 -- Cooke, Bill 205 -6 -- corporations, and political power -- 70 -- 91 -- 92 -4 -- 95 -- 113 -- 166 -- credit -- 3 -5 -- 13 -- 55 -64 -- 67 -- 116 -- 142 -3 -- and prices 145 -6 -- real and financial 132 -4 -- socialisation of 134 -- crop rotation 168 -- cultural inheritance -- 80 -- 147 -9 -- 155 -- 181 -- 221 -- 222 -- Curitiba, Brazil 186 -- currency -- international 218 -- speculation 54 -5 -- Da Corta, Lucia 118 -- Daly, Herman -- 40 -1 -- 131 -- 158 -- 160 -- 161 -- 162 -3 -- debt cancellation 201 -2 -- debt-based economy -- 165 -6 -- 218 -- 222 -- 223 -- evolution of 60 -1 -- evolution of 67 -- democracy -- 18 -- 59 -60 -- 70 -- 107 -- development -- 8 -- 41 -- 135 -6 -- 158 -60 -- 161 -- 166 -- 205 -- Diamond, Peter 23 -- distributism -- 127 -- 196 -- Dodd, Nigel 212 -- Dominguez, Joe 197 -200 -- Douglas, Clifford H. -- 97 -- 126 -30 -- 134 -7 -- 147 -- 149 -- 151 -- 153 -4 -- 158 -- 221 -2 -- A+B theorem 138 -41 -- A+B theorem 214 -- and producer/consumer banks 194 -- and producer/consumer banks 195 -- Douthwaite, Richard -- 172 -- 185 -- 186 -- 187 -- 214 -15 -- 218 -- 221 -- Dow, Sheila 22 -3 -- Draft Mining Scheme -- 128 -- 129 -- 130 -4 -- 137 -- 155 -- 156 -- 196 -- Dugger, William 93 -4 -- ebcu [energy-backed currency units] 218 -- eco-taxes -- 162 -- 164 -- 193 -- ecological economics -- 2 -- 15 -- 22 -- 156 -- 157 -73 -- 223 -4 -- ecological sustainability -- 1 -- 95 -- 137 -- 155 -- 165 -- 208 -- 209 -- 219 -- 222 -3 -- economic democracy -- 1 -2 -- 72 -- 95 -- 97 -- 150 -- 208 -- 209 -- 219 -- and social credit 125 -- and social credit 128 -- and social credit 146 -- and social credit 155 -- and social credit 194 -5.

control over means of subsistence 73 -- control over means of subsistence 98 -9 -- control over means of subsistence 225 -6 -- economics -- abstracted model 30 -1 -- abstracted model 43 -- and reality 44 -6 -- and social sciences 209 -10 -- as natural system 22 -- as natural system 23 -- as natural system 25 -- as natural system 54 -- as natural system 88 -- as natural system 99 -- as natural system 211 -- classical school 23 -- classical school 25 -6 -- equilibrium 12 -13 -- equilibrium 26 -- equilibrium 27 -- equilibrium 28 -9 -- equilibrium 32 -- equilibrium 36 -- linear theorising 16 -17 -- methodological individualism 29 -30 -- methodological individualism 39 -- orthodoxy 21 -30 -- orthodoxy 39 -43 -- rethinking 178 -83 -- scientific study of 211 -12 -- Ehrlich, Paul 158 -- Ekins, Paul -- 43 -- 163 -- Elgin, Duane 197 -- enclosure -- 73 -- 74 -80 -- Engels, Friedrich 106 -- Ethical Investment &Research Information Service [EIRIS] 172 -- export credit schemes -- 134 -- 136 -- Fabians/Fabianism -- 102 -- 124 -- 125 -- 126 -7 -- 154 -- 220 -- Farmers' Markets 172 -- Feiner, Susan 45 -- feminist economics -- 2 -- 15 -- 22 -- 30 -- 42 -- 45 -- 156 -- 173 -8 -- financial independence [FI] 197 -200 -- Fine, Ben -- 9 -- 219 -- Fisher, Irving 185 -- food -- locally produced 170 -2 -- mass production 169 -- processing 154 -- security 7 -8 -- Foucault, Michel 210 -- Foville, A. de 50 -- fractional reserve banking -- 64 -6 -- 67 -- 222 -- Frank, Thomas 70 -- free market -- 24 -- 90 -- 91 -- 94 -6 -- freedom -- 15 -- 17 -18 -- 25 -- 59 -- 96 -- 212 -- 225 -6 -- Freeman, Alan -- 32 -- 36 -7 -- 82 -- 83 -4 -- 85 -- Friedman, Milton 27 -- Friedmann, Harriett 167 -8 -- Funtowicz, Silvio 165 -- Galbraith, John K. -- 22 -- 63 -- garden economics 170 -- General Agreement on Tariffs and Trade [GATT] -- 53 -- 94.

general free-market equilibrium theory.