Free Download Sacred Economics: Money, Gift, and Society in the Age of Transition
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Sacred Economics: Money, Gift, and Society in the Age of Transition
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Product details
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Audible Audiobook
Listening Length: 15 hours and 5 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: North Atlantic Books
Audible.com Release Date: May 16, 2017
Language: English, English
ASIN: B0727KQX59
Amazon Best Sellers Rank:
One of the most important books I've read, Sacred Economics brings together many problematic threads of society and shows how they're all connected to our broken value system, our cracked mythology. Eisenstein shows how a beautiful, functioning economy can follow from a proper mythology and how brilliantly transformational this will be when it comes to fruition. People may say these ideas are too idealistic. I say they're the inevitable next step in the evolution of the human race. The concepts may be a few hundred years ahead of their time, but they're a glimpse at a new era of peace and prosperity that will occur as soon as we collectively take responsibility for ourselves, recognize our fundamental unity as a planet, and make the right choices. Bravo, Charles.
Eisenstein’s passionate and eloquent book is truly a gift to us. Reading it, I often thought, this guy really gets it – about limits-to-growth and the need to downsize. Then suddenly, I would be floating in a never-never-land of New Age fancy and affluence.For example, he frequently uses the word “abundance†despite the obvious lack of abundance in the de-growing economy that he knows is coming, an economy vastly reduced in size and consumption. He disparages techno-utopianism even while suggesting that perpetual motion machines will yield all the energy we’ll ever need (p. 443). He opposes income taxes and never even mentions wealth taxes, despite the implied plutocratic governance and the kinds of social dysfunction from extreme inequality documented in the book The Spirit Level. Nor does he discuss unearned income from monopolistic practices or speculation. Somehow a new gift culture of non-accumulation and non-profit is supposed to take over, even without any legal sanctions or penalties to prevent abuses.But if you skip over such lapses, Eisenstein has a number of practical policy recommendations for the way down, based on solid readings in several fields. These include negative interest rates to keep money circulating and prevent concentration of wealth, taxing unearned rents on property and resources of all kinds, carbon and pollution taxes, a “social dividend†or basic income for all, more expensive but fewer and more durable and repairable goods, voluntary donations instead of fixed pricing, internet based work and credit systems, and meaningful rather than regimented work.Eisenstein fully understands the need to reduce the interest rate to below the growth rate to decrease inequality, just like Piketty (who refers to “return on capital†instead of interest rate). This also prevents inflation in a contracting economy and provides an incentive to postpone exploiting resources that will be more valuable in the future, such as depleting fossil fuels and minerals. Even Keynes thought Silvio Gesell’s proposal for negative interest had merit. Eisenstein wisely suggests a fully transparent and traceable digital currency that would automatically decay in value according to this negative interest rate. The result is smoothly declining material wealth if all goes well, though in a typical contradiction he covers all bases by suggesting that there would also be a short dark age of “facism, civil unrest, and war†(p. 439)This is an important book for an audience of a certain environmental and spiritual bent, as it takes very seriously the “collapse part of the phrase “ecological overshoot and collapseâ€. Other authors and progressive politicians suggest that it will be an easy transition to a sustainable economy if we just replace fossil fuels by renewable energy.
This book is blowing my mind!!! I've always wanted to more deeply understand our money system, that so profoundly affects us all. The author is a genius (not just because his name is Eisenstein), and he explains our economy and its relationship to society with such breadth and depth of understanding and wisdom that I literally can't believe how good it is. A rare gem!!!
I've read many books on money over the years, while most contain great ideas and insights, few have truly changed me. This is one that has. While I'm still processing much of what is in Sacred Economics, the spirit of the gift that underlies its message has left me feeling less more grateful, more generous, more connected, and more safe. To me, this is priceless, and I suppose it's what I've been seeking all along through accumulating my own degree of wealth, which has been unable to satisfy in these ways. So, thank you Charles for sharing your gift with us.
This book addresses the key dysfunctions in the grandaddy of all social systems - the one that trumps all other systems and dominates our culture - the economic system. The author makes a convincing case for how much we trust our economic system and how it is in the final stages of imploding on itself and wreaking havoc with so many people who rely so heavily on it.Sobering to read but read it anyway! There are answers here that can save lots of needless suffering but it will take the rigor to understand the beast that occupies us in order for us to transcend it and build a new more sustainable economic system.A must read for any thinking person who cares about the future our kids and grand kids will inherit.
There is a growing concern about where we as a (human) society are headed, what we are doing to the planet and in relation to those two points what type of future we can expect. Eisenstein directly addresses these concerns and offers a compelling new direction. He doesn't preach or prophesies his ideas, he simply makes a suggestion. The basis of these suggestions is heavily entrenched in economic and monetary policies, however, they take on a much more all encompassing perspective than the current economic and monetary policies implemented by countries today. He also directly addresses the very rational skepticism of his ideas and ultimately comes forth with a vision for our world that is as solid as anything I can imagine. For a synopsis of the major points in the book check out the book's website and watch the video. It does a better job explaining his thought process than I could in this review. I'll conclude by saying I can't help but recommend this book to others, it seems incredibly relevant in the context of many conversations I have daily. I truly hope that these ideas take root and come to fruition.
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