Redesigning money to curb globalization: Can we domesticate the root of all evil?

  title={Redesigning money to curb globalization: Can we domesticate the root of all evil?},
  author={Alf Hornborg},
Modern money is a peculiar sign system in several respects. Its lack of connection to any conceivable material referent, such as gold or energy, has been much deplored over the course of history. Modern, neoclassical economics has abandoned the concerns of classical political economy with the material substance as well as the morality of exchange. The chapter argues that a sustainable, just, and resilient economy will require the establishment of a complementary currency that distinguishes… 
How to turn an ocean liner: A proposal for voluntary degrowth by redesigning money for sustainability, justice, and resilience
Abstract This article argues that many destructive aspects of the contemporary global economy are consequences of the use of general-purpose money to organize social and human-environmental
Re-evaluating Money: Exploring Conceptual Boundaries
Since the financial crisis of 2008, actors from a wide variety of backgrounds have stressed the necessity to enhance understanding of basic economic concepts. One core concept – money - has strong


Money in an unequal world
  • K. Hart
  • Economics, Political Science
  • 2001
Humanity is caught between the institutions of agrarian civilization and a machine revolution whose implications we barely understand. In consequence, the world is becoming rapidly more unequal as we
Rethinking Money: How New Currencies Turn Scarcity into Prosperity
As the United States struggles and the economies of Europe stagger, we fail to see a way out of this agonizing cycle of repeated financial meltdowns. In fact, there are thousands of ways to solve not
The Great Transformation: The Political and Economic Origins of Our Time
But the fount and matrix of the system was the self-regulating market. It was this innovation which gave rise to a specific civilization. The gold standard was merely an attempt to extend the
The Blood of the Commonwealth
Insisting on the status of money as a creature of both the market and the state, this article challenges dualistic understandings of capitalist imperialism as entailing two fundamentally distinct
Financialization and the capitalist moment: Marx versus Weber in the anthropology of global systems
Kajsa Ekholm Friedman and Jonathan Friedman's The Anthropology of Global Systems (AGS) is a robust, ambitious, and timely undertaking in macrotheoretical and macrohistorical anthropology. I show
Money and liberty in modern Europe : a critique of historical understanding
Preface 1. The crisis of the class concept in historical research 2. Meaning and its material base 3. Growth of the liberal illusion 4. Money and the rights of man in 1789 5. Challenging one's master
Money and the Morality of the Exchange
This volume deals with the way in which money is symbolically represented in a range of different cultures, from South and South-east Asia, Africa and South America. It is also concerned with the
Paper assets , real debts An ecological-economic exploration of the global economic crisis
Purpose – This paper sets out to investigate the potential contribution of the inter-disciplinary field of ecological economics to the explanation of the current economic crisis. The root of the
Carbon democracy
Abstract States that depend upon oil revenues appear to be less democratic than other states. Yet oil presents a much larger problem for democracy: faced with the threats of oil depletion and
The ecology of money
In this Schumacher Briefing, Richard Douthwaite argues that just as different insects and animals have different effects on human society and the natural world, money has different effects according