Review “In Banking on the People, attorney Ellen Brown provides a much-needed
roadmap for reforming monetary and credit systems and the central banks now
strangling our common human future. More lucidly that any other expert I know,
she shows how we can break the grip of predatory financialization now
extracting value from real peoples’ productive activities all over the world.
Her in-depth research and systemic overview of the global and local politics
of money-creation and credit allocation include all the viable proposals of
global experts and reformers. She reviews many of these reforms: from
financial transaction taxes, to a universal basic income to provide purchasing
power for the cornucopia of goods and services now produced, to expanding the
public banks she so ably promotes via the Public Banking Institute, to
returning the Fed and all banks to serving the public utility functions that
economies require. This book is a must read for citizens in all societies who
see the promising future as we seek to widen democracies and transform to a
cleaner, greener, shared prosperity, based on the renewable abundance of free
daily energy from our sun.” —Hazel Henderson, CEO of Ethical Markets Media and
author of Mapping the Global Transition to the Solar Age and other
books“Banking on the People is a compelling and fast-moving primer on the new
monetary revolution by the godmother of the public banking movement now
emerging throughout the country. Brown shows how our new understanding of
money and its creation, long concealed by bankers and others capturing the
benefits for their own purposes, can be turned to support the public in
powerful new ways.” —Gar Alperovitz, professor emeritus at the University of
Maryland, Co-Founder of The Democracy Collaborative and author of America
Beyond Capitalism and other books“Ellen Brown shows that there is a much
better alternative to Citibank, Wells Fargo and Bank of America. Public banks
can safeguard public funds while avoiding the payday loans, redlining,
predatory junk-mortgage loans and add-on small-print extras for which the
large commercial banks are becoming notorious.” —Michael Hudson, Research
Professor of Economics at the University of Missouri, Kansas City, and author
of Killing the Host and other books“As we pay the consequences of the global
financial crisis and face a new global crisis of climate finance, Ellen
Brown’s message has never been more urgent: we must have public banks working
in the public interest. Away with the hyper-exploitative and unaccountable
monopoly of private banks! Banking on the People offers a tour de force for
those activists, NGOs, and academics wanting to understand the forces at play
when we talk about the democratization of finance. A must read!” —Thomas
Marois, Senior Lecturer, SOAS University of London, author of States, Banks
and Crisis and other publications Read more
- Paperback: 426 pages
- Publisher: Democracy Collaborative (June 1, 2019)
- Language: English
- ISBN-10: 0998471917
- ISBN-13: 14
- Product Dimensions: 5.5 x 0.9 x 8.5 inches
- Shipping Weight: 1.1 pounds
- #4 in Public Finance (Books)
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