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Debt or Democracy: Public Money for Sustainability and Social Justice

by Mary Mellor
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₹11,449.00
Original price ₹11,449.00
Original price ₹11,449.00
₹11,449.00
Current price ₹11,449.00

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Book cover type: Hardcover
  • ISBN13: 9780745335551
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Pluto Press (UK)
  • Publisher Imprint: Pluto Press (UK)
  • Publication Date:
  • Pages: 216
  • Original Price: USD 115.0
  • Language: English
  • Edition: N/A
  • Item Weight: 635 grams
  • BISAC Subject(s): Public Finance

This is a challenge to conventional thinking around money and the 'debt crisis'. By re-evaluating the source of money, Mary Mellor presents a radical alternative to austerity and privatisation: public wealth, or, money used for sustainability, sufficiency and social justice. Debt or Democracy debunks the received lessons of the financial crisis of 2007. Political elites shout about a house whose finances are in disarray; a 'yawning deficit' created by reckless spending in a bloated public sector. The answer to this 'debt crisis' has been harsh austerity measures - but this is a dangerously deceptive discourse.Turning against the prevalent narrative, with its language of 'debt' and 'deficit', Mellor takes on the familiar question - 'where does money come from?'. The real solution is a return to the notion of public wealth and the public economy; of a monetary system owned by, and operated in the interests of, the majority.

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