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The Future of Money

4.21  ·  Rating details ·  126 ratings  ·  14 reviews
Todays financial system is seen by the most as having a fixed size. Bernard A. Litaer challenges this perspective by showing that there were different economic systems in history and that our present system has arisen from a tacit and problematic collective acceptance. He sees the future in the development of complementary currencies. He explains which money is necessary ...more
Published (first published 1999)
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Average rating 4.21  · 
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Joshua
Fascinating! It is especially prescient given that it was published in 1999 (!) yet seems perfectly suited to explaining the ills of the Great Recession and the subsequent bull-ish market that we are in today.

I especially found the discussion of Hureai Kippu ("Caring relationship tickets") in Japan and the Elder Plan (in the US) to be fascinatingperhaps this is the way for us to resolve both the issues of an aging public and an underemployed youth without bankrupting the country. Especially
...more
ben
May 01, 2007 rated it really liked it  ·  review of another edition
Recommends it for: economy and society
I am not an economist, but Lietaer has some fascinating things to say about money. He links currency systems to their effects in societies. This is a must-read (if you can find a copy) for anyone interested in how capitalism shapes the way we live our lives.

Check out the author's page on Wikipedia for more information:
[http://en.wikipedia.org/wiki/Bernard_...]
Steven
Feb 17, 2010 rated it it was amazing
essential, this book changed the way I think.
Eric
Aug 10, 2010 rated it really liked it  ·  review of another edition
This is one of the books that helped me understand that money is a human invention, and not natural mechanism, and that was a step toward my current work and passion.
Heidi
Mar 17, 2018 rated it it was amazing
Oldie but goodie, gets the juices flowing on alternate currencies
Ira
Sep 21, 2013 rated it liked it  ·  review of another edition
Whilst full of interesting details, especially the parts that deal with complementary and alternative currencies which are a sort of global travel diary from the writer, the overall theory is extremely naive. It tries to convince or persuade people that the future of money is not the present, as if changing people's minds was sufficient to change the system. I have had to skip many sections where this priestly prose was most present, because I was already convinced that the present system does ...more
Jason
Jan 06, 2010 rated it really liked it  ·  review of another edition
Shelves: money, green
This book is a bit dated now, but tellingly accurate about the global financial crisis that followed its publication. The message is not new- lets emerge from the era of interest-bearing national debt-based fiat currencies that no longer serve humanity's interests- but some of the proposed approaches are refreshing. Like creating a global trading currency fixed to a basket of commodities. I found the case for establishing complementary currencies persuasive but I would also agree with the ...more
Hardcorekancil
May 29, 2013 rated it really liked it  ·  review of another edition
This book contains a clear assessment of the monetary situation in the early 2000s, along with possible scenarios explored by Bernard Lietaer. Most of the examples are of course dated and could be updated but the core discourse remains relevant today: we need to carefully look at what type of values we want to infuse in the society and work from there to create money systems that enable this vision to take shape.

I recommend 'The Future of Money' to anyone interested in understanding how money
...more
Toothy_grin
I'm not sure exactly when I read this book; it was before I had heard of GoodReads. I had to get a UK edition because it hadn't been published here yet. It's a GREAT book, and I intend to reread it in the near future.
One thing I remember is that I was disappointed that Mr. Lietaer did not, at that time, have much of a Web presence. He's building a beauty now, though, at www.lietaer.com. I recommend it highly.
Trevor
Jun 06, 2011 rated it really liked it  ·  review of another edition
I little wonky at times but overall a thought-provoking read about alternative currencies (such as LETS and Time exchanges) and their ability to counteract some of the ills of high unemployment as well as their partial crushing by central banks (except New Zealand). NB: it is published before the rise of Bitcoin so no direct discussion of it.
Ken
May 14, 2013 rated it it was amazing
extremely important book.
Alex Boerger
Mar 10, 2012 rated it it was amazing  ·  review of another edition
Shelves: money
Sehr guter Überblick über unser Geld System und Alternativen. Sehr praktische Herangehensweise. Die Prognosen waren leider zu optimistisch.
Jim
Feb 20, 2008 rated it it was amazing
Figures and statistics are dated, but the core concepts remain true.
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Joe
Nov 17, 2010 rated it really liked it  ·  review of another edition
Had some good ideas.
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Bernard Lietaer was a civil engineer, economist, author and professor.

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9 likes · 1 comments
“The global monetary crises of the 1990s (Mexico, Russia, Asia and Brazil) proved that our money system is now sick, and that this affects everything. After all, money plays the role of modern society’s central information system equivalent to the nervous system in our own bodies. In order to prevent a global monetary meltdown, a unique vision of sustainable abundance, and the mechanisms for achieving this, is proposed.” 1 likes
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