11 October 2012

Money is debt

97% Owned is a two hour, UK-focused video on money and monetary reform. It was made by Queue Politely and includes contributions from, amongst others, Positive Money, New Economics Foundation, Money Reform Party, Bank to the Future and Ann Pettifor.

The video is strongest when it describes the mechanics of the existing monetary system and the problems associated with the existing system. Perhaps inevitably, it is not as strong when it attempts to define solutions and, in some places, it is overtly party political.  Nevertheless, it is essential viewing for anyone with any interest in economics or 21st century politics.  If it doesn't make you mad you're not paying attention.

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