Have you ever read a book that blew your mind? Sacred Economics by Charles Eisenstein was just such a book for me. If you ever wanted to deepen your understanding of the concept of money and the influence it has on our society, this is the book to read. If you have heard people talk about a gift or steady-state economy and wondered how any such things could be implemented, this is the book to read. If you are tired of reading books that identify society’s problems without laying out potential solutions, this is the book to read.
The concepts explored in Sacred Economics are deeper than capitalism vs. socialism vs. communism. It dives down to analyze how we use money, and explores how society could be reshaped, and many of the issues we struggle with today solved, if we were to change the way money works in some fundamental ways. After examining the history of money and how it has shaped our society the book begins to look at thought provoking ways we could change the system so the economy would grow smaller in a way that doesn’t crash everything, and ultimately reach a steady-state.
Some of the interesting concepts explored include using negative interest rates to shrink the economy and grow the commons, using local currencies to empower and strengthen local economies, backing money with resources that are owned by everyone to make them precious, paying a social dividend to help support people in an economy that has eliminated unnecessary jobs, and more.
The book doesn’t read like a novel. It has a decidedly academic tone (with footnotes) and is more like studying at times than reading for pleasure, but it’s worth the effort. And the best part is that the author has made it available for free in HTML and PDF formats on the website!
Posted by: Joshua Kielas, 03.09.2018