Debt or Democracy: Public Money for Sustainability and Social Justice (Paperback) (ISBN-13: 9780745335544)

In the wake of the global financial crisis, most of the discussion has been focused on questions of debt. And the response, almost uniformly, has been austerity and privatization: cuts to services that have been painted as forms of reckless spending by a bloated public sector. In Debt or Democracy, Mary Mellor turns the whole conversation upside down, showing that the important question is not who owes what, but who controls the creation and circulation of money in the first place. When the problem is examined from that angle, it becomes clear that privatization, far from being the answer to our problem, is the very source of it--the subordination of public finance to private interest.

A direct challenge to conventional economic thinking, Debt or Democracy offers a bracing new analysis of our economic crisis and offers cogent, radical alternatives to create a more just and sustainable economic future.

Author: Mary Mellor
ISBN-10: 0745335543
ISBN-13: 9780745335544
Publisher: Pluto Press (UK)
Language: English
Published: 12/15/2015
Pages: 216
Format: Paperback
Weight: 0.65lbs
Size: 8.30h x 5.20w x 0.60d

Review Citation(s):
Choice 06/01/2016