[P2P-F] Fwd: NEW BOOK! "Banking on the People: Democratizing Money in the Digital Age"

Michel Bauwens michel at p2pfoundation.net
Sun May 26 23:48:29 CEST 2019

---------- Forwarded message ---------
From: Ellen Brown <Ellen.Brown at publicbankinginstitute.org>
Date: Sun, May 26, 2019 at 12:00 AM
Subject: NEW BOOK! "Banking on the People: Democratizing Money in the
Digital Age"
To: <michel at p2pfoundation.net>

Hi, my new book, nearly 3 years in the making, is finally in print. It’s
called “Banking on the People: Democratizing Money in the Digital Age
and is published by the Democracy Collaborative. The release date is June 1
and it's available for pre-order here
As our democracy hangs in the balance, I hope this book allows many more
people to understand why having control over the money supply is central to
the idea of democracy, and what we can do to wrest that control from big
private banks and put it squarely in the hands of the people.

>From the back cover:

*Today most of our money is created, not by governments, but by banks when
they make loans. This book takes the reader step by step through the
sausage factory of modern money creation, explores improvements made
possible by advances in digital technology, and proposes upgrades that
could transform our outmoded nineteenth century system into one that is
democratic, sustainable, and serves the needs of the twenty-first century.*

*"Banking on the People* is a compelling and fast-moving primer on the new
monetary revolution by the godmother of the public banking movement now
emerging throughout the country. Brown shows how our new understanding of
money and its creation, long concealed by bankers and others capturing the
benefits for their own purposes, can be turned to support the public in
powerful new ways."

 *--  Gar Alperovitz, professor emeritus at the University of Maryland,
Co-Founder of The Democracy Collaborative and author of America Beyond
Capitalism and other books*

"More lucidly that any other expert I know, Ellen Brown shows in *Banking
on the People* how we can break the grip of predatory financialization now
extracting value from real peoples’ productive activities all over the
world. This book is a must read for those who see the promising future as
we seek to widen democracies and transform to a cleaner, greener, shared

 *--  Hazel Henderson, CEO of Ethical Markets Media and author of Mapping
the Global Transition to the Solar Age and other books*

"Ellen Brown shows that there is a much better alternative to Citibank,
Wells Fargo and Bank of America. Public banks can safeguard public funds
while avoiding the payday loans, redlining, predatory junk-mortgage loans
and add-on small-print extras for which the large commercial banks are
becoming notorious."

 *--  Michael Hudson, Research Professor of Economics at the University of
Missouri, Kansas City, and author of Killing the Host and other books*

*"Banking on the People* offers a tour de force for those activists, NGOs,
and academics wanting to understand the forces at play when we talk about
the democratization of finance. A must read!"

 -- Thomas Marois, Senior Lecturer, SOAS University of London, author
of *States,
Banks and Crisis *and other publications

Best wishes,

michel at p2pfoundation.net from this list.

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