This report, for which David is the primary author, makes the case that the institutional structure of the system by which money is created and allocated determines whether America is governed as a democracy or an oligarchy. It presents a series of proposals to create […]
Seattle Green Festival 2011
Qwest Event Center
May 21, 2011
Debt slavery is an ancient institution that traces back to the beginning of Empire. In earlier times, it was more explicit and visible, because it was more personal. The hapless borrower became the bonded servant or slave of the lender—a condition that prevails today in many low-income countries. In the contemporary United States, it is […]
The debt-based money system that is the foundation of Wall Street’s control of the economy and society is based on an underlying logic. So long as its practice is true to that logic, the debt model of money creation can be a driving engine of real-wealth production—up to the point at which the economy encounters […]