Difference between revisions of "Money and Dominance Other Resources"

Revision as of 10:58, 1 May 2017

Core Readings

• Enge, Nick. (2010). "Money Makes the World Grow." Link - Enge provides a lucid, concise description of a central difficulty in our monetary system. 5 min.
• Eisenstein, Charles. (2008). "Money and the Crisis of Civilization." Reality Sandwich. Link - Eisenstein describes how our current monetary system is inextricably tied to unsustainable aspects of our society, and suggests ways to prepare for and contribute to its replacement. 20 min.
• U.S. National Debt Clock - History of Money and Banking Link skim - 10 min.

Quotations from well- and lesser-known political and banking figures revealing the power of, and opposition to our current monetary system.

• Secrets of the Temple: How the Federal Reserve Runs the Country - Link (video) 15 min.

William Greider describes Fed power and criticizes the Fed governors for favoring the affluent and concealing their motives.

• Reuters. (11 June 2015). "Zimbabwe Offers New Exchange Rate: 1 for 35,000,000,000,000,000." The Guardian. Link 3pp. 3 min.
• US Inflation Calculator. Link
• Magic. "Note on 'The System.'" Link
• Wikipedia. "Workhouses." Read the intro and the section entitled "Modern View." Link skim 5 min.

Roots of 'social Darwinism', class, and the 1% in 17th-19th century England.

Interest Readings

• Peak Prosperity. The Fed: Money Creation. Link 7.5 min.

Video on money creation.

• "When all the trees have been cut down, when all the animals have been hunted, when all the waters are polluted, when all the air is unsafe to breathe, only then will you discover you cannot eat money." -- Cree Prophecy
• Perkins, John. Confessions of an Economic Hit Man. Link
• Cassidy, John. "Who Needs Wall Street." New Yorker. Link 10 pp, 20 min.

In "Who Needs Wall Street" John Cassidy explains why most of what investment bankers do is socially worthless.

• Greider, William. Alternet. "Exposing the Secrets of the Temple: How the Federal Reserve Makes Money Out of Thin Air." Link 15pp, 15 min.
• "Monetary reform." Wikipedia. - Link 5pp, 5 min.

Brief overview of proposals for monetary reform. See, especially, "Examples of Government Issued Debt-Free Money."

• "The Ascent of Money." - [1] 4 hours.

BBC documentary tracing the history of money.

• Monks, Robert A. G.. "Careless Language or Cunning Propaganda?" Link 17pp., 15 min.

Monks, a member of the social and financial elite who has held positions of power and influence in government and business, decries the "doublespeak" of corporate governance, alleging that executives have used diverse strategies to concentrate wealth in their hands at the expense of stockholders, other employees, and people outside the corporation.

• Chomsky, Noam. "Magna Carta Messed Up the World; Here's How to Fix It." (29 May 2015). Reader Supported News. Link 6pp., 6 min.

With broad strokes Chomsky traces 800-years of Anglo-American legal history regarding freedom and property and describes the fictions by which we've limited the former for most and elevated it for the holders of the latter with devastating results for our common condition.

• Davidson, Adam. "You're Not Supposed to Understand the Federal Reserve." (20 October 2015). NYTimes. Link 4pp., 4 min.

Davidson gives a brief history and description of operation of the Federal Reserve, explaining how its power is distributed through a number of regional banking institutions and affects every aspect of the economy.