I gave this article that title on submitting it, on May 5, 2020 – 20 days before the police killing of George Floyd in Minneapolis, and the subsequent steps to both revolution and violent crackdown. I can no longer say something that light, but I can say that current circumstances make it all the more […]

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Good news for all who remember our late founder Margrit Kennedy: Her biography, written by Peter Krause, is now available in English – and of course its a valuable read for all who were not familiar with her before, too!     Based on interviews, and many autobiographic texts, the book covers all aspects of […]

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  We talk a lot about the ‘money system’. In what sense does money form a ‘system’? Does it have a function or purpose? Does it have interconnections? Does it have identifiable elements? 1. Elements of a money system The elements of a money system include the structures and institutions that create it – governments, […]

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A constant in the history of money is that every remedy is reliably a source of new abuse. John Kenneth Galbraith, Money: whence it came, where it went For as long as money has existed in its two most popular forms – either as debt-based accounting systems or as notes and coins – it has […]

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