Table of Contents
Introduction 1
Part I The economics of separation
Chapter 1 The Gift World 15
Chapter 2 The Illusion of Scarcity 31
Chapter 3 Money and the Mind 47
Chapter 4 The Trouble with Property 65
The Urge to Own 65
The Original Robbery 70
The Georgist Tradition 77
Chapter 5 The Corpse of the Commons 87
Cultural and Spiritual Capital 88
The Strip-Mining of Community 93
The Creation of Needs 97
The Money Power 107
Chapter 6 The Economics of Usury 113
An Economic Parable 115
The Growth Imperative 120
The Concentration of Wealth 124
Wealth Redistribution and Class Conflict 131
Inflation 139
Morefor You Is Less for Me 142
Chapter 7 The Crisis of Civilization 147
Chapter 8 The Turning of the Age 165
Money: Story and Magic 165
Humanity's Coming-of-Age Ordeal 172
Part II The economics of reunion
Chapter 9 The Story of Value 183
Chapter 10 The Law of Return 197
Chapter 11 Currencies of the Commons 209
Chapter 12 Negative-Interest Economics 227
History and Background 230
Modern Application and Theory 238
The Debt Crisis: Opportunity for Transition 254
Thinking for the Future 257
More for Me Is More for You 268
Chapter 13 Steady-State and Degrowth Economics 275
Sustainability Reconsidered 275
Transition to Steady State: Bump or Crash? 278
Shrinking Money, Growing Wealth 284
Disintermediation and the P2P Revolution 288
Chapter 14 The Social Dividend 295
The Paradox of Leisure 295
The Obsolescence of "Jobs" 300
The Will to Work 305
Who Shall Remove the Garbage? 312
Chapter 15 Local and Complementary Currency 319
The Cakh-22 of Local Currency 322
Time Banking and Mutual Credit 331
The Crypto Revolution 341
Chapter 16 Transition to Gift Economy 349
Chapter 17 Summary and Roadmap 363
1 Debt Cancellation 364
2 Negative-Interest Currency 369
3 Elimination of Economic Rents, and Compensation for Depletion of the Commons 371
4 Internalization of Social and Environmental Costs 372
5 Economic and Monetary Localization 374
6 The Social Dividend 377
7 Economic Degrowth 378
8 Gift Culture and P2P Economics 381
Part III Living the new economy
Chapter 18 Relearning Gift Culture 387
Chapter 19 Nonaccumulation 403
Chapter 20 Right livelihood and Sacred Investing 419
The Dharma of Wealth 419
Robbing Peter to Pay Paul 422
Old Accumulations to New Purposes 430
Right Livelihood 436
Chapter 21 Working in the Gift 441
Trusting Gratitude 441
Business in the Gift 446
The Sacred Professions 453
Chapter 22 Community and the Unquantifiable 461
Chapter 23 A New Materialism 471
Conclusion: The More Beautiful World Our Hearts Tell Us Is Possible 481
Bibliography 491
Index 497
About the Author 507
