Mary Mellor

What does money mean? Where does it come from and how does it work? Mary Mellor examines money’s social, political and commercial histories to debunk longstanding myths such as money being in short supply and needing to come from somewhere. She sets out a new finance system, based on green and feminist concerns, to bring radical change for social good.

This is a challenge to conventional thinking around money and the 'debt crisis'. By re-evaluating the source of money, Mary Mellor presents a radical alternative to austerity and privatisation: public wealth, or, money used for sustainability, sufficiency and social justice. Debt or Democracy debunks the received lessons of the financial crisis of 2007. Political elites shout about a house whose finances are in disarray; a 'yawning deficit' created by reckless spending in a bloated public sector. The answer to this 'debt crisis' has been harsh austerity measures - but this is a dangerously deceptive discourse. Turning against the prevalent narrative, with its language of 'debt' and 'deficit', Mellor takes on the familiar question - 'where does money come from?'. The real solution is a return to the notion of public wealth and the public economy; of a monetary system owned by, and operated in the interests of, the majority.

This is a challenge to conventional thinking around money and the 'debt crisis'. By re-evaluating the source of money, Mary Mellor presents a radical alternative to austerity and privatisation: public wealth, or, money used for sustainability, sufficiency and social justice. Debt or Democracy debunks the received lessons of the financial crisis of 2007. Political elites shout about a house whose finances are in disarray; a 'yawning deficit' created by reckless spending in a bloated public sector. The answer to this 'debt crisis' has been harsh austerity measures - but this is a dangerously deceptive discourse. Turning against the prevalent narrative, with its language of 'debt' and 'deficit', Mellor takes on the familiar question - 'where does money come from?'. The real solution is a return to the notion of public wealth and the public economy; of a monetary system owned by, and operated in the interests of, the majority.

As the recent financial crisis has revealed, the state is central to the stability of the money system, while the chaotic privately-owned banks reap the benefits without shouldering the risks. This book argues that money is a public resource that has been hijacked by capitalism. Mary Mellor explores the history of money and modern banking, showing how finance capital has captured bank-created money to enhance speculative ‘leveraged’ profits as well as destroying collective approaches to economic life. Meanwhile, most individuals, and the public economy, have been mired in debt. To correct this obvious injustice, Mellor proposes a public and democratic future for money. Ways are put forward for structuring the money and banking system to provision societies on an equitable, ecologically sustainable 'sufficiency' basis. This fascinating study of money should be read by all economics students looking for an original analysis of the economy during the current crisis.

As the recent financial crisis has revealed, the state is central to the stability of the money system, while the chaotic privately-owned banks reap the benefits without shouldering the risks. This book argues that money is a public resource that has been hijacked by capitalism. Mary Mellor explores the history of money and modern banking, showing how finance capital has captured bank-created money to enhance speculative ‘leveraged’ profits as well as destroying collective approaches to economic life. Meanwhile, most individuals, and the public economy, have been mired in debt. To correct this obvious injustice, Mellor proposes a public and democratic future for money. Ways are put forward for structuring the money and banking system to provision societies on an equitable, ecologically sustainable 'sufficiency' basis. This fascinating study of money should be read by all economics students looking for an original analysis of the economy during the current crisis.

Classical and radical economists have marginalised the role of money, most particularly the role of credit, in driving the machinery of accumulation and exclusion. Although critiques of capitalism from Marxist, feminist and ecological perspectives abound, The Politics of Money is unique in gathering the strengths of these differing critiques into a coherent whole. The book reviews the role of money in current society through an overview of the history of money creation and a critique of the main theoretical developments in economic thought. Alternative perspectives on money are then presented through a review of a number of radical perspectives but focusing mainly on the work of Marx, Veblen and the social credit perspective of Douglas and the guild socialists. The authors have drawn upon their varied expertise in economics and the social sciences to produce the foundations of a new political economy that will enable communities to reconstruct their socio-economic fabric through social and political control of money systems.

In recent years, as environmentalists have examined the link between women's subordination and the degradation of our natural world, the relationship between feminism and ecology has become a crucial one. In Feminism and Ecology, Mary Mellor, tracing ecofeminist activism from the Love Canal demonstrations to socialist ecofeminism, provides a comprehensive introduction to the ecofeminist movement and its history. Mellor examines the connections between feminism and the Green movement, outlining the contributions of major participants while contextualizing them within a wider range of debates. Looking past the shortsighted assertion that women and men stand in equal relation to the natural order, Mellor discusses the association of women with biology and "nature," illustrating how the relationship between women and the environment can help further our understanding of the relationship between humanity and the natural world. Against trends toward radical economic liberalism, global capitalism, and postmodern pluralism, she argues that within the feminist and Green movements is the basis of a new radical movement.

In recent years, as environmentalists have examined the link between women's subordination and the degradation of our natural world, the relationship between feminism and ecology has become a crucial one. In Feminism and Ecology, Mary Mellor, tracing ecofeminist activism from the Love Canal demonstrations to socialist ecofeminism, provides a comprehensive introduction to the ecofeminist movement and its history. Mellor examines the connections between feminism and the Green movement, outlining the contributions of major participants while contextualizing them within a wider range of debates. Looking past the shortsighted assertion that women and men stand in equal relation to the natural order, Mellor discusses the association of women with biology and "nature," illustrating how the relationship between women and the environment can help further our understanding of the relationship between humanity and the natural world. Against trends toward radical economic liberalism, global capitalism, and postmodern pluralism, she argues that within the feminist and Green movements is the basis of a new radical movement.

The relationship between feminism and ecology has grown in importance in recent years. This book provides a comprehensive introduction to the ecofeminist movement and its history, as well as an extended analysis of the main perspectives within it. Mellor examines the connections between feminism and the green movement, and outlines the contributions of the major participants, while contextualizing them within a wider range of debates. She re-examines classic feminist texts from an ecofeminist perspective, and explores the relationship between ecofeminism and other ecological movements, such as 'deep' ecology, social ecology and ecosocialism. Mellor discusses the association of women with biology and 'nature', and argues that the relationship between women and the environment can help us to understand the relationship between humanity and the natural world. Against the trends towards radical economic liberalism, global capitalism and postmodernist pluralism, she argues that there is within the feminist and green movements the basis of a new radical movement which draws on the principles of both. A useful and engaging account of feminist perspectives on ecology, the book will be welcomed by students and researchers in feminism and gender studies, sociology and political theory.

aeo Offers a comprehensive history of the ecofeminist movement, combined with a highly topical analysis of current debates and issues surrounding feminism and the environment. aeo Original -- presents a new perspective on the relationship between human society and the natural world.