Sacred Economics - Deepstash

Bite-sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

created 9 ideas

Sacred Economics

Sacred Economics

by Charles Eisenstein

STASHED IN:

1.52K reads

Can we have a different economy?

Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme - b...

Will the work ever stop?

Charles Eisenstein begins this bold and well written book examining why innovation, labor saving devices, and all of the earth's bounty fail to deliver prosperity to most of the people. “After centuries of technological advances, why do we find ourselves working just as much as ever?” he asks, be...

CHARLES EISENSTEIN

“When everything is subject to money, then the scarcity of money makes everything scarce, including the basis of human life and happiness. Such is the life of the slave—one whose actions are compelled by threat to survival. Perhaps the deepest indication of our slavery...

Debt Economy

Money is created as interest bearing debt. When the interest rate is greater than zero, the debt always exceeds the available money. Servicing the resulting debt requires constant economic growth. Growing the economy requires transforming something that began as a gift from nature or the communit...

Privatization of common assets

The commons, including land, forests, fresh air, clean water, ocean fisheries, minerals, biodiversity, the genome, and the electromagnetic spectrum, all existed prior to human activities. There is no legitimate right to any private ownership claim to these natural resources. Yet these co...

CHARLES EISENSTEIN

“Each tree cut down and made into paper, each idea captured and made into intellectual property, each child who uses video games instead of creating worlds of the imagination, each human relationship turned into a paid service, depletes a bit of the natural, cultural, ...

The solution

His solution is an economic system that integrates these seven features:

  1. Negative-Interest Currency
  2. Elimination of Economic Rents, and Compensation for Depletion of the Commons
  3. Internalization of Social and Environmental Costs
  4. Economic and Monetary Localization

CHARLES EISENSTEIN

“When you hear the phrase “rescue the financial system,” translate it in your mind into “keep the debts on the books.” They are trying to find a way for you (and debtor nations too) to keep paying and for the debt to keep growing.”

CHARLES EISENSTEIN

“A fundamental premise of this book is that human beings naturally desire to give. We are born into gratitude: the knowledge we have received and the desire to give in turn. Far from nudging reluctant people to give unto others against their lazy impulses, today’s econ...

9 Reactions

1 Comment

MORE LIKE THIS

created 16 ideas

System thinking is being able to examine and analyze ourselves and things around us with the express purpose of being able to improve upon them.

5

Comment

3.31K reads

created 8 ideas

4

Comment

767 reads

It's time to

READ

LIKE

A PRO!

Jump-start your

reading habits

, gather your

knowledge

,

remember what you read

and stay ahead of the crowd!

Takes just 5 minutes a day.


TRY THE DEEPSTASH APP

+2M Installs

4.7 App Score