In a world which has stumbled from the 2008 banking crisis into a seemingly never-ending global recession, people worldwide have sought a solution. The answers may just lie in the first few decades of the 20th century, when German entrepreneur and economist Silvio Gesell developed his theory of free economy.
Gesell believed that there was enough abundance on the planet to bring prosperity to all—a theory that many of his contemporaries praised. However, after the post-1945 economic consensus ended, and particularly in recent years, false scarcity austerity has taken over with disastrous results
This 30-minute guide is an introduction to a forgotten school of economic thought, raising one simple question: why austerity, when we can have prosperity?
Gesell believed that there was enough abundance on the planet to bring prosperity to all—a theory that many of his contemporaries praised. However, after the post-1945 economic consensus ended, and particularly in recent years, false scarcity austerity has taken over with disastrous results
This 30-minute guide is an introduction to a forgotten school of economic thought, raising one simple question: why austerity, when we can have prosperity?
