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Expanded and updated, Charles Eisenstein's classic treatise on capitalism, currency, and the gift economy.
This revised version traces the history of money, from ancient gift economies to modern capitalism, and includes new material on cryptocurrencies and emerging research that has come out since the book's original publication. Charles Eisenstein shows how capitalism contributes to alienation, competition, and scarcity; destroys community; and necessitates endless growth at the cost of social and environmental devastation. Today, these trends have reached their extreme--and their collapse presents a golden opportunity to transition to a more connected, ecological, and sustainable way of being.
Eisenstein describes the deeper narratives beneath our economic system, and how we can reimagine it to align with a new story. Applying a broadly integrated synthesis of theory, policy, and practice, he explores avant-garde concepts of the New Economics, including negative-interest currencies, local economies, gift economics, cryptocurrencies, and the restoration of the commons. Tapping into a rich lineage of conventional and unconventional economic thought, Eisenstein presents a vision that is original yet commonsense, radical yet gentle, and increasingly relevant as the crises of our civilization deepen.
About the Author
Charles Eisenstein is a teacher, speaker, and writer focusing on themes of civilization, consciousness, money, and human cultural evolution. His writings on the web magazine Reality Sandwich have generated a vast online following; he speaks frequently at conferences and other events, and gives numerous interviews on radio and podcasts. Eisenstein graduated from Yale University in 1989 with a degree in Mathematics and Philosophy, and spent the next ten years as a Chinese-English translator. The author of Sacred Economics (EVOLVER EDITIONS, 2011), he currently lives in Harrisburg, Pennsylvania.
—PRAISE FOR THE FIRST EDITION—
“This brilliant and beautifully written book is a must-read for all those who believe our economic system is terminally sick and in need of radical, sacred rehaul.” —ANDREW HARVEY, author of The Hope
“If you want a convincing account of just how deep the shift in our new axial age is and must be, look no further than this brilliant book by Charles Eisenstein, one of the deepest integrative thinkers active today.” —MICHEL BAUWENS, founder of the P2P Foundation