Establishing a Natural Economic Order Through Free-Land and Free-Money by Silvio Gesell A Founder of the 1919 Bavarian Soviet Republic |
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| Author:
| Gesell, Silvio
Borruso, Silvano |
| ISBN: | 978-0-7734-2159-2 |
| Publication Date: | Apr 2011 |
| Publisher: | Edwin Mellen Press, The
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| Book Format: | Ebook |
| List Price: | USD $199.95 |
Book Description:
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Gesell's thesis is that: the form of money inherited from the ancient world embodies a never solved practical contradiction between the functions of medium of exchange and the storing of value. This contradiction is at the basis of usury, and with it of all social disorders from the unemployed proletariat to war. His solution: Free Money, shorn of its function as store of value and reduced to pure medium of exchange. The last part is a general theory of interest based on Free Money,...
More DescriptionGesell's thesis is that: the form of money inherited from the ancient world embodies a never solved practical contradiction between the functions of medium of exchange and the storing of value. This contradiction is at the basis of usury, and with it of all social disorders from the unemployed proletariat to war. His solution: Free Money, shorn of its function as store of value and reduced to pure medium of exchange. The last part is a general theory of interest based on Free Money, which clinches all the previous arguments. Having bared the source of the scourge of usury, Gesell furnishes abundant material for thoroughly judging economic theory and practice. His orderly array of arguments is of unanswerable cogency.