Sustainable Economics is the bimonthly newsletter of the Monetary Reform Policy Working Group of the Green Party of England and Wales.
This web version will be posted normally by the middle of the nominal month of issue.
For subscription rates for hard copy or for single copies, e-mail the editor: [email protected]
The Green Party aims to create conditions for humankind to live into the indefinite future in harmony with each other and with nature - the natural world on the health of which we all depend for our own health.
We in the Working Group regard five main issues in economics as essential for this:
1. fair distribution of wealth and access to natural resources, to be achieved by
2. securing for communal benefit, by means of Land Value Taxation, the basic rental value of the land, in its unimproved, natural condition, and
3. the value of natural resources before any work is done on them, to be collected by Resource Taxes, as well as pollution taxes, supplementing regulations restricting pollution, and
4: the reform of the money system, to end the enslavement of humankind by the false debts which are generated by a money supply based on interest-bearing debt, created by the world's private banks as loans of "credit". We need instead to have a permanently circulating, debt-free supply initially spent into existence by governments, and ensuring that what is physically possible and socially and ecologically desirable is made financially possible.
Given the above, the final requirement is
5. the introduction of generous Citizens' Incomes, to distribute to everyone their fair share of the value of natural resources as collected by 2 and 3 above, and of the "common cultural inheritance" of the infrastructure, knowledge and skills passed down from the efforts of past generations.
The main obstacle to change as advocated above is the 'power complex' of banks, controlling TNCs, controlling governments and the public media. We live in a 'Matrix' of lies and myths supporting these institutions. The prime myth is that we live in a democracy!
Sustainable Economics reports mainly on monetary issues, but tries to include a wide variety of other issues as well, depending largely on contributors' interests to submit material to cover them.
It is now into its twentieth year of publication on paper, but this is its thirteenth year on the Web.