Money and Sustainability: The Missing Link

Abstract

Pioneering new research from the Club of Rome\n\nIn 1972, the first Report for the Club of Rome – The Limits to Growth – famously spelled out the unsustainable consequences of an economic system that demands infinite growth in a finite world.\n\nJust as The Limits to Growth exposed the catastrophic flaws in our economic system, this new Report from the Club of Rome exposes the systemic flaws in our money system and the wrong thinking that underpins it. It describes the ongoing currency and banking crises we must expect if we continue with the current monopoly system – and the vicious impact of these crises on our communities, our society as a whole and our environment.\n\nIt finishes by setting out clear, practical proposals for creating a money ‘ecosystem’ with complementary currencies to support and stabilise the current money system.\n\nGreece and the eurozone crisis: the authors show that one of these proposals (Civics) could be applied, on the ground, now, across Europe, to reduce unemployment, mitigate the adverse social effects of the currency crisis and create a sustainable and flexible money system for the future. This alone makes it essential reading for policy makers, business leaders and economists, anybody concerned about sustainability (environmental, social, climate change), those working in the fields of monetary systems and anyone with an informed interest in the future of the planet.

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