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Author: Ellen Hodgson Brown
Publisher:
ISBN: 9780983330868
Category : Business & Economics
Languages : en
Pages : 486
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Book Description
WHAT WALL STREET DOESN'T WANT YOU TO KNOW. Shock waves from one Wall Street scandal after another have completely disillusioned us with our banking system; yet we cannot do without banks. Nearly all money today is simply bank credit. Economies run on it, and it is created when banks make loans. The main flaw in the current model is that private profiteers have acquired control of the credit spigots. They can cut off the flow, direct it to their cronies, and manipulate it for personal gain at the expense of the producing economy. The benefits of bank credit can be maintained while eliminating these flaws, through a system of banks operated as public utilities, serving the public interest and returning their profits to the public. This book looks at the public bank alternative, and shows with examples from around the world and through history that it works admirably well, providing the key to sustained high performance for the economy and well-being for the people.
Author: Ellen Hodgson Brown
Publisher:
ISBN: 9780983330868
Category : Business & Economics
Languages : en
Pages : 486
Get Book Here
Book Description
WHAT WALL STREET DOESN'T WANT YOU TO KNOW. Shock waves from one Wall Street scandal after another have completely disillusioned us with our banking system; yet we cannot do without banks. Nearly all money today is simply bank credit. Economies run on it, and it is created when banks make loans. The main flaw in the current model is that private profiteers have acquired control of the credit spigots. They can cut off the flow, direct it to their cronies, and manipulate it for personal gain at the expense of the producing economy. The benefits of bank credit can be maintained while eliminating these flaws, through a system of banks operated as public utilities, serving the public interest and returning their profits to the public. This book looks at the public bank alternative, and shows with examples from around the world and through history that it works admirably well, providing the key to sustained high performance for the economy and well-being for the people.
Author: Ellen Hodgson Brown
Publisher: Third Millennium Media
ISBN: 9780979560804
Category : Monetary policy
Languages : en
Pages : 511
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Book Description
This book exposes important, often obscured truths about our money system and our economic past and future. Our money is not what we have been led to believe. The creation of money has been "privatized," or taken over by a private money cartel. It is all done by sleight of hand, concealed by economic double-speak. "Web of Debt" unravels the deception and presents a crystal clear picture of the financial abyss towards which we are heading, pointing out all the signposts. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation's, you should read this book. Ellen Brown has applied her training as a litigating attorney, researcher and writer to the monetary field, unearthing facts that even the majority of banking and financial experts ignore: ranging from the privatization of money creation, to the Plunge Protection Team, to the Federal Reserve's 'Helicopter Money. Read it; you'll get information you need in order to understand what is going on in our financial markets today. Bernard Lietaer, former European central banker, author of "The Future of Money" and "Of Human Wealth" .
Author: The Bush Institute
Publisher: Currency
ISBN: 0307986144
Category : Business & Economics
Languages : en
Pages : 370
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Book Description
Foreword by President George W. Bush With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy. The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs. The 4% Solution draws on the best minds in the business, including five Nobel laureates: · Robert E. Lucas, Jr., on the history and future of economic growth · Gary S. Becker on why we need immigrants in order to grow · Edward Prescott on the cost (to growth) of the welfare state · Vernon Smith on why housing leads us into and out of recessions · Myron Scholes on why we need to innovate in order to grow the economy
Author: Ellen Hodgson Brown
Publisher:
ISBN: 9780983330851
Category : Business & Economics
Languages : en
Pages : 529
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Book Description
"Web of Debt" unravels deceptions about the money system and presents a crystal-clear picture of the upcoming financial abyss. The text also explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson, and Abraham Lincoln.
Author: Kate Aronoff
Publisher: The New Press
ISBN: 162097522X
Category : Political Science
Languages : en
Pages : 354
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Book Description
A stunningly original and timely collection that makes the case for "socialism, American style" It's a strange day when a New York Times conservative columnist is forced to admit that the left is winning, but as David Brooks wrote recently, "the American left is on the cusp of a great victory." Among Americans under thirty, 43 percent had a favorable view of socialism, while only 32 percent had a favorable view of capitalism. Not since the Great Depression have so many Americans questioned the fundamental tenets of capitalism and expressed openness to a socialist alternative. We Own the Future: Democratic Socialism—American Style offers a road map to making this alternative a reality, giving readers a practical vision of a future that is more democratic, egalitarian, inclusive, and environmentally sustainable. The book includes a crash course in the history and practice of democratic socialism, a vivid picture of what democratic socialism in America might look like in practice, and compelling proposals for how to get there from the age of Trump and beyond. With contributions from some of the nation's leading political activists and analysts, We Own the Future articulates a clear and uncompromising view from the left—a perfectly timed book that will appeal to a wide audience hungry for change. Table of Contents Part I: Is a New America Possible? Introduction Kate Aronoff, Peter Dreier, and Michael Kazin How Socialists Changed America Peter Dreier and Michael Kazin Toward a Third Reconstruction Andrea Flynn, Susan Holmberg, Dorian Warren, and Felicia Wong A Three-Legged Stool for Racial and Economic Justice Darrick Hamilton Democratic Socialism for a Climate-Changed Century Naomi Klein Part II: Expanding Democracy Governing Socialism Bill Fletcher Jr. We the People: Voting Rights, Campaign Finance, and Election Reform J. Mijin Cha Confronting Corporate Power Robert Kuttner Building the People's Banks David Dayen Democracy, Equality, and the Future of Workers Sarita Gupta, Stephen Lerner, and Joseph A. McCartin Who Gets to Be Safe? Prisons, Police, and Terror Aviva Stahl On Immigration: A Socialist Case for Open Borders Michelle Chen On Foreign Policy: War from Above, Solidarity from Below Tejasvi Nagaraja Part III: The Right to a Good Life Livable Cities Thomas J. Sugrue What Does Health Equity Require? Racism and the Limits of Medicare for All Dorothy Roberts The Family of the Future Sarah Leonard Defending and Improving Public Education Pedro Noguera Reclaiming Competition: Sports and Socialism David Zirin What About a Well-Fed Artist? Imagining Cultural Work in a Democratic Socialist Society Francesca Fiorentini How Socialism Surged, and How It Can Go Further Harold Meyerson Afterword: A Day in the Life of a Socialist Citizen Michael Walzer
Author: Anthony Horvath, PhD
Publisher: Xlibris Corporation
ISBN: 1503554503
Category : Business & Economics
Languages : en
Pages : 524
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Book Description
About the Book: a blueprint for national E-conomy. 5 STAR rating by Pacific Book Review. MICHAEL MOORE tells us his new movie will change America. OUR BOOK WILL TELL YOU HOW MY BOOK TRAILER CAPITALLESSISM proposes : a strong free-enterprise-based democratic national E-conomy model when no capital is available, either because of a crisis or by speculations. ..scientific solutions for a capital-less public cooperative banking system. .economic engineering to create a commodity-based virtual-capital, .a national public bank, .a nationalized artificial capital creation process called fractional-reserve-banking rights, licensed back to banks (in return for sharing the created public-E-capital with the government), and various processes to activate its E-capital circulation, This is not Socialism, nor Communism. It is COMMUNITY-ISM based on human and spiritual values where inequalities will still exist resulting from individual efforts, but everybody has a fair financial starting chance for free enterprise. Some of our controversial ideas are not politically right. Austerity is outdated. The nature of national debts may be reexamined. It is inspired by Roosevelts second bill of rights and Edisons visions of a commodity-based currency. Our MACRO-MODEL is inspired by our efficient blood circulatory system, which provides oxygen to trillions of cells. We copy this for an efficient E-capital circulation model to assure survival and to sustain everyones productivity. www.capitallessism.com Excerpts Pacific Book Review www.pacificbookreview.com: .CAPITALlessISM, interestingly compares our economic system to a biological circulatory system. . the prototype for economic engineesring. . is a mindset of a macro-model for redesigning our inefficient national economy. . that remedies a lack of capitalThe human factor and spiritual God element are fundamental. . a decrease of inequalities among people and an emphasis on democracy, .Benefit ..includes the cancellation of most national debts Excerpts the U.S. review of Books http://www.theusreview.com/: innovative and thought-provoking book, .. a new economic model, one that can function where no capital is available and that embraces the concept of "community-ism.". his synthesis of various models is unique..
Author: Ralph . Musgrave.
Publisher: Createspace Independent Publishing Platform
ISBN: 9781501023668
Category :
Languages : en
Pages : 130
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Book Description
The banking crisis and recession which started around 2007 and the astronomic amounts of public money used to bail out banks made it obvious that there was something seriously wrong with the banking system. This was very much a repeat of the 1929 crash and subsequent bank failures and recession. One response in the 1930s was the promotion of full reserve or "100% reserve" banking particularly by economists at the University of Chicago. However, full reserve banking while it benefits ordinary households and the economy as a whole does not benefit banks or the politicians funded by banks. That is, as Milton Friedman pointed out, full reserve (FR) tends to be opposed by vested interests. And in the 1930s, the vested interests won. However, the 2007 crisis caused a re-consideration of FR, and this book sets out the arguments for it. One merit of FR is its simplicity. It is certainly simple compared to other attempts at bank reform taking place at the time of writing, e.g. Dodd-Frank in the US or the Vickers proposals in the UK. Essentially FR consists of splitting the banking industry in two. One half is for those who want specific sums of money kept in a totally safe fashion. That money is not safe because of any sort of artificial taxpayer funded subsidy or guarantee, which is how bank accounts are currently made safe. The money is safe because it is INHERENTLY safe: that is, the money is just lodged at the central banks and/or it is invested in short term government debt. The second half offers loans to mortgagors, businesses and so on, but that half is funded just by shares, not by deposits which banks claim to be entirely safe (but which clearly are not entirely safe unless they are backed by artificial taxpayer funded guarantees). One of the many advantages of full reserve is that it is near impossible for the entities or banks making up those two halves to suddenly fail, and thus spark off credit crunches or recessions. Though given poor management, any of those entities can slowly decline, resulting perhaps in a take-over by more competent entities / banks. Also FR banking does not require any sort of subsidy, plus there needn't be any limit the amount of money that any individual can lodge in a totally safe fashion, that limit being £85,000 at the time of writing in the UK. FR results in, 1 less borrowing and lending, 2 a rise in interest rates, and 3 a decline in debts. However, that rise in interest rates would be small compared to the HUGE VARIATIONS in interest rates over the last thirty years or so. Moreover, in the UK, the size of the banking industry relative to GDP is currently about TEN TIMES the 1960s level, and it is unclear what benefits we derive from that bloated banking industry. Thus the slight contraction in the banking industry that would occur under FR would probably do no harm. This book is split into three sections. Section one sets out the basic nature of FR. Section two deals with the very large number of objections which have been made against FR. Most of these objections, even though they are put by so called professional economists, are very silly. No knowledge of economics is needed to rebut them: just common sense. In contrast, some objections are more plausible, though actually flawed. But that is not to say that the ADVOCATES of FR are perfect: section three of the book deals with some popular but flawed arguments put FOR full reserve. A final and interesting characteristic of FR is thus. Under the existing system, the large majority of money in circulation originates with commercial banks, not government or the central bank. In contrast, under FR all money is issued by the central bank. There has actually been a huge rise in the proportion of our money supply originating with central banks as a result of quantitative easing in recent years. That does not seem to have caused big problems.
Author: Mehrsa Baradaran
Publisher: Harvard University Press
ISBN: 0674495446
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
The United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities—all thanks to deregulation that began in the 1970s and continues decades later. “Baradaran argues persuasively that the banking industry, fattened on public subsidies (including too-big-to-fail bailouts), owes low-income families a better deal...How the Other Half Banks is well researched and clearly written...The bankers who fully understand the system are heavily invested in it. Books like this are written for the rest of us.” —Nancy Folbre, New York Times Book Review “How the Other Half Banks tells an important story, one in which we have allowed the profit motives of banks to trump the public interest.” —Lisa J. Servon, American Prospect
Author: Gary White
Publisher: Penguin
ISBN: 0593189973
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
From the founders of nonprofits Water.org & WaterEquity Gary White and Matt Damon, the incredible true story of two unlikely allies on a mission to end the global water crisis for good On any given morning, you might wake up and shower with water, make your coffee with water, flush your toilet with water—and think nothing of it. But around the world, more than three-quarters of a billion people can’t do any of that—because they have no clean water source near their homes. And 1.7 billion don’t have access to a toilet. This crisis affects a third of the people on the planet. It keeps kids out of school and women out of work. It traps people in extreme poverty. It spreads disease. It’s also solvable. That conviction is what brought together movie actor Matt Damon and water expert and engineer Gary White. They spent years getting the answer wrong, then halfway right, then almost right. Over time, they and their organization, Water.org, have found an approach that works. Working with partners across East Africa, Latin America, South Asia, and Southeast Asia, they’ve helped over 40 million people access water and/or sanitation. In The Worth of Water, Gary and Matt take us along on the journey—telling stories as they uncover insights, try out new ideas, and travel between the communities they serve and the halls of power where decisions get made. With humor and humility, they illuminate the challenges of launching a brand-new model with extremely high stakes: better health and greater prosperity for people allover the world. The Worth of Water invites us to become a part of this effort—to match hope with resources, to empower families and communities, and to end the global water crisis for good. All the authors’ proceeds from the sale of this book will be donated to Water.org.
Author: Jamil Hilal
Publisher: Zed Books Ltd.
ISBN: 1848138016
Category : Political Science
Languages : en
Pages : 335
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Book Description
Where Now for Palestine? marks a turning point for the Middle East. Since 2000, the attacks of 9/11, the death of Arafat and the elections of Hamas and Kadima have meant that the Israel/Palestine 'two-state solution' now seems illusory. This collection critically revisits the concept of the 'two-state solution' and maps the effects of local and global political changes on both Palestinian people and politics. The authors discuss the changing face of Fateh, Israeli perceptions of Palestine, and the influence of the Palestinian diaspora. The book also analyzes the environmental destruction of Gaza and the West bank, the economic viability of a Palestinian state and the impact of US foreign policy in the region. This authoritative and up-to-date guide to the impasse facing the region is required reading for anyone wishing to understand a conflict entrenched at the heart of global politics.
