Chelsea Green Publishing

The End of Money and the Future of Civilization

Pages:280 pages
Book Art:Black and white photos, tables, and diagrams
Size: 6 x 9 inch
Publisher:Chelsea Green Publishing
Paperback: 9781603580786
Pub. Date June 04, 2009

The End of Money and the Future of Civilization

Availability: In Stock


Available Date:
June 04, 2009


Like the proverbial fish who doesn’t know what water is, we swim in an economy built on money that few of us comprehend, and, most definitely, what we don’t know is hurting us.

Very few people realize that the nature of money has changed profoundly over the past three centuries, or—as has been clear with the latest global financial crisis—the extent to which it has become a political instrument used to centralize power, concentrate wealth, and subvert popular government. On top of that, the economic growth imperative inherent in the present global monetary system is a main driver of global warming and other environmental crises.

The End of Money and the Future of Civilization demystifies the subjects of money, banking, and finance by tracing historical landmarks and important evolutionary shifts that have changed the essential nature of money. Greco’s masterful work lays out the problems and then looks to the future for a next stage in money’s evolution that can liberate us as individuals and communities from the current grip of centralized and politicized money power.

Greco provides specific design proposals and exchange-system architectures for local, regional, national, and global financial systems. He offers strategies for their implementation and outlines actions grassroots organizations, businesses, and governments will need to take to achieve success.

Ultimately, The End of Money and the Future of Civilization provides the necessary understanding— for entrepreneurs, activists, and civic leaders—to implement approaches toward monetary liberation. These approaches would empower communities, preserve democratic institutions, and begin to build economies that are sustainable, democratic, and insulated from the financial crises that plague the dominant monetary system.


"We should be grateful to Tom Greco for his constructive and innovative thinking at a time when new ideas are badly needed."--Rodney Shakespeare, Visiting Professor of Binary Economics, Trisakti University (Jakarta, Indonesia)

"Tom Greco's The End of Money and the Future of Civilization is essential reading for everyone who yearns to restore sanity to our financial dealings and re-humanize our global economy. Greco details the abuses inherent in the widely misconstrued concept of 'legal tender,' and helps us understand the real roots of the current meltdown. He then offers unique tools for creating workable, enduring solutions. His story is compelling, and his lucid, accessible style makes it a rewarding read. The book's a true game-changer, and its appearance couldn't be more timely."--Philip Beard Professor emeritus, Sonoma State University, and co-founder of Sustaining Capital Cooperative, Sustaining Technologies LLC, and Sonoma County GoLocal Cooperative

"Many of the world's ills are symptoms of centralized control of our media, governments and resources by a small, invisible group of people. How can so few control and impoverish so many? Currency systems are an important source of this centralized power. Tom Greco's latest book helps us unpack the financial mysteries and consider our alternatives. There can be no question about it--Tom Greco is the pit bull of the alternative currency movement."--Catherine Austin Fitts, Solari Investment Advisory Services, LLC

"I have found Tom Greco to be a trusted and authoritative source of wisdom on the topics of the flaws in mainstream money and of the possibilities for alternatives. Even after years of garnering wisdom from Tom for my work with Toronto Dollars, his advice in this new book reaches a higher level of clarity and practicality."--Joy Kogawa, cofounder, Toronto Dollar

"Our world is moving to increasing and dominant usage of distributed networks, and the associated peer-to-peer dynamics of people aggregating around the construction of common value. We have the communication infrastructure, but we still need to build robust peer-to-peer energy grids, AND, just as important, we need to be able to create peer-to-peer currencies that strengthen resilient communities in the context of turbulent globalization. To undertake the latter task, one voice has been consistently investigating what determines success and failure regarding the social production of money. That voice is Thomas Greco, who not only offers the definitive book on the subject, but offers also the condensation of a whole life of research and engagement with the topic. The time of crying in the wilderness is over for Thomas Greco: this is the age where these ideas will be practically implemented. It is rare to find the combination of quality theory and robust implementation in one book, so please do acquire this gem."--Michel Bauwens, founder of the P2P Foundation

"Greco continues to educate us about why and how we, the people, have the power, the knowledge, and the tools available to us to civilize monetary systems around the world, thereby restoring an essential human element to our existence."--Krista Vardabash, former Executive Director of the International Reciprocal Trade Association

"Maybe you've noticed a slight bit of turmoil in our national and global financial system? This book cuts to the very core of the trouble--and points toward several pathways toward that might allow us to slowly climb out of the pit into which we've stumbled."--Bill McKibben, author of Deep Economy

"For the growing ranks of monetary reformers worldwide, long-time expert Tom Greco's deeply researched new book is essential reading. This gripping blend of theory and practicality lays out all the options for creating saner money and credit systems--and the real possibilities in today's information age of electronic trading and exchange, at last, without the need to use money at all."--Hazel Henderson, author of Ethical Markets and President of Ethical Markets Media (USA/Brazil)

"If there is one thing people everywhere should drop everything to learn right now it is how the money system works, why it is failing and what to do to survive and even thrive. The reason they don't is because it has been so difficult to get and to understand this information. Against all odds, Tom Greco has filled this important need with an easy read including the most practical advice for getting you through the crisis into a more secure, healthier and happier future."--Elisabet Sahtouris, Ph.D., evolution biologist; futurist; author of EarthDance: Living Systems in Evolution

"For those who would survive the sustainable cynicism of monopoly capital, now that the usurpers are caught red-handed and the mask of democracy has slipped, Greco provides the tools for regeneration of societies. Can we conceive of a new culture? Yes we can. Here are the tools for its monetary system, and it will thrive."--Anton Pinschof, organic farmer in Brittany (member of FNAB, French national federation of organic farmers), and co-founder of CESC, the Cliffs Edge Signalling Company (

"A stimulating and well-balanced work. Here, the serious student of monetary reform will find the mature reflections of a leading advocate of credit clearing. Thomas Greco's analysis of the modern monetary problem is excellent, his solution is practical and founded upon basic principles of justice. Policy makers and communities across diverse cultures and religions can learn much from this detailed and eloquent book. I strongly recommend it."--Tarek El Diwany, author of The Problem With Interest and Partner at Zest Advisory LLP

Tom's book is a chilling and gripping narrative that examines the history and current condition of our 300-year-old unbalanced and unsustainable monetary system. He goes on to propose specific changes that, when adopted, will transform our money system into a more user-friendly platform of exchange that will benefit all of the world's people. Simply a must read for everyone."--David Wallach, President, International Reciprocal Trade Association Global Board of Directors

"Thomas Greco dedicates his new book to the causes of social justice, economic equity, personal liberty, world peace, and ecological restoration. He begins by showing that none of these can be achieved until we give birth to a just and sustainable paradigm for exchanging energies. Clearly written, the roots of our current financial predicament are revealed, and the need for something better is lucidly explained. The serious reader will appreciate the author's long experience with alternative currencies: this book is a concise and efficient way to get up to speed on the history of alternatives to conventional 'money' as well as enter the new world of technologically liberated exchange that has the potential to bring about the end of money as we have known it."--Paul Grignon, creator of the movie Money as Debt

"Greco ... outlines the increasingly familiar story of how things got so bad, and he tells it as well as anyone has ever done.... More than that, Greco writes about how to change what has gone wrong. His credentials as an engineer, college professor, author, and consultant are impeccable. His book is among the most important written in this decade. It is truly a book that can alter the world and, if taken seriously, give large numbers of people a practical way to survive the gathering catastrophe."--Richard C. Cook, author of Challenger Revealed and We Hold These Truths: The Hope of Monetary Reform

"Greco precisely identifies the conflation of interests and confusion of thinking that have given rise to today's monetary muddles and proceeds to elucidate a viable strategy by which we all, as individuals and in association with one another, can unravel the tangle and build the basis for mutually profitable exchange."--Arthur Edwards, Director, Centre for Associative Economics

"If anything could save this civilization from the calamity to which its economic madness has led it--the unrelenting pursuit of materialism, the starkly inequitable division of wealth, the despoliation of the earth for profit--it would be the widespread adoption of the wisdom embodied in Tom Greco's clear and forthright new book. The fact that I doubt such a thing will happen, I am constrained to say, does not diminish the value of reading it."--Kirkpatrick Sale, author of Human Scale and After Eden: The Evolution of Human Domination


Thomas Greco

Thomas H. Greco, Jr. is the director of the Community Information Resource Center, which he founded in 1992. CIRC is a nonprofit consulting organization and networking hub dedicated to economic equity, social justice, and community improvement, specializing in community currency and mutual credit design, development, and implementation. He is a former engineer and professor of business administration. Tom's books include Money and Debt: A Solution to the Global Crisis, Money: Understanding and Creating Alternatives to Legal Tender, and The End of Money and the Future of Civilization. For more information on re-creating money systems, visit another webpage of Tom's, Reinventing Money (


Tom Greco PART 1 of 3 at The Economics of Peace Conference Sonoma Ca 2009

Tom Greco PART 2 of 3 at The Economics of Peace Conference Sonoma Ca 2009

Tom Greco PART 3 of 3 at The Economics of Peace Conference Sonoma Ca 2009

Thomas Greco @ Vienna

Thomas Greco @ Vienna


The Joel Salatin Set (3-Book Bundle)

The Joel Salatin Set (3-Book Bundle)

By Joel Salatin

Set includes: The Sheer Ecstasy of Being a Lunatic Farmer, You Can Farm: The Entrepreneur's Guide to Start and Succeed in a Farming Enterprise, and Salad Bar Beef.

Available in: Quantity pack

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The Joel Salatin Set (3-Book Bundle)

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Quantity pack $90.25

Raising the Bar

Raising the Bar

By Jim Eber and Pam Williams

“Just give me all your chocolate and no one gets hurt!”

Billions of us worldwide understand what it means to scream those words. We feel lost—even unhinged—without chocolate’s pleasures. And if chocolate is the music that makes our days brighter, fine chocolate is the symphony—the richest, most complex form in the chocolate universe. The most important movement in that symphony’s centuries-old existence is now beginning. And that future is . . . what? A world of gray monochromatic flavor, or one rich with a rainbow of flavors that capture the myriad pleasures and diversity of the cocoa bean?

In the spirit of Michael Pollan's The Omnivore’s Dilemma, Raising the Bar: The Future of Fine Chocolate tells the story of what that next movement in the fine flavor chocolate symphony might hold. Told in four lively parts covering everything from before the bean to after the bar—genetics, farming, manufacturing, and bonbons—the book features interviews with dozens of international stakeholders across the fine flavor industry to consider the promises and pitfalls ahead. It looks through what is happening today to understand where things are going, while unwrapping the possibilities for the millions and millions of us who believe that life without the very best chocolate is no life at all.

Part One
Seeds of Change: Genetics and Flavor

The genetic story of the future of flavor cacao told through discussions with researchers, scientists, and experts around the world who are involved at the genetic level: from the mapping of the cacao genome to the Heirloom Cacao Preservation Initiative that seeks to connect flavor to genetics to the work being done on the ground to confront the spread of low-flavor beans and ensure cacao quality and diversity for future generations. 

Part Two
From the Ground Up: Farmers, Farming, and Flavor

Discussion of the issues of growing cacao from an ecological and sustainable perspective given the reality of where it is grown. Interviews and stories cover the majority of fine flavor growing regions and myriad efforts to add value and values to fine flavor chocolate; preserve, protect, and propagate flavor cacao for the future; and ensure that the beans are as good as they can possibly be. The realities and possibilities of fair trade chocolate and the work being done on fermentation are also covered.

Part Three
To Market, To Market: Craftsmanship, Customer Education and Flavor

Can consumers learn to slow down, taste, explore, and value the costly complexity of fine chocolate? Though the future looks bright by some measurements, sometimes the numbers aren’t what they seem…. Discussions with both artisan and traditional chocolate manufacturers around the world on how they see the market and sources for fine flavor beans and what they are doing to educate their customers about their craft, including a survey of the nature of raw, organic, and functional chocolate.

Part Four 
Performing Flavor: The Art of the Chocolatier

Whether watching over those creations, traveling the world to discover new pairings, or simply taking their love of Junior Mints to the highest level, the world’s fine flavor chocolatiers are all deeply aware of the “stage” they work on and the importance of taste in every performance. The future of their creations—the most flavorful and beautiful bonbons and confections in the world—are discussed as these chocolatiers confront the issues surrounding the preservation of their craft and how they see their flavors and recipe development changing (or not) in the future.

Available in: Hardcover

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Raising the Bar

Pam Williams, Jim Eber

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Business Advice for Organic Farmers with Richard Wiswall (DVD)

Business Advice for Organic Farmers with Richard Wiswall (DVD)

By Richard Wiswall

Contrary to popular belief, a good living can be made on an organic farm. What's required is farming smarter, not harder.

In this filmed workshop and interview, recorded at the Northeast Organic Farming Association (NOFA) Winter Conference in 2010 and at Cate Farm, longtime farmer Richard Wiswall shares his story, and offers detailed advice on how to make your farm production more efficient, better manage your employees and finances, and turn a profit.

From his thirty years of experience at Cate Farm in Vermont, Wiswall knows firsthand the joys of starting and operating an organic farm - as well as the challenges of making a living from one. Farming offers fundamental satisfaction from producing food, working outdoors, being one's own boss, and working intimately with nature. But, unfortunately, many farmers avoid learning about the business end of farming, and because of this, they often work harder than they need to, or quit farming altogether because of frustrating - and often avoidable - losses. This workshop offers invaluable exercises for business-savvy farmers, including information on the costs of running a farm, office and bookkeeping management, creating a budget and crop enterprise plan, and getting down the the nuts and bolts of business management, that's easy to understand.

Through in-the-classroom footage and step-by-step guidance to "sharpening the pencil", as well as footage of Wiswall's fields, greenhouse, and barn, viewers will leave this "workshop" knowing how to achieve true profit, that will last for years to come. Also included is a bonus disc with downloadable spreadsheets for creating your own budget, marketing, profit and loss statement, balance sheet, and cash flow.

Available in: DVD

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The New Bread Basket

The New Bread Basket

By Amy Halloran

For more than 10,000 years, grains have been the staples of Western civilization. The stored energy of grain allowed our ancestors to shift from nomadic hunting and gathering and build settled communities—even great cities. Though most bread now comes from factory bakeries, the symbolism of wheat and bread—amber waves of grain, the staff of life—still carries great meaning.

Today, bread and beer are once again building community as a new band of farmers, bakers, millers, and maltsters work to reinvent local grain systems. The New Bread Basket tells their stories and reveals the village that stands behind every loaf and every pint.

While eating locally grown crops like heirloom tomatoes has become almost a cliché, grains are late in arriving to local tables, because growing them requires a lot of land and equipment. Milling, malting, and marketing take both tools and cooperation. The New Bread Basket reveals the bones of that cooperation, profiling the seed breeders, agronomists, and grassroots food activists who are collaborating with farmers, millers, bakers, and other local producers.

Take Andrea and Christian Stanley, a couple who taught themselves the craft of malting and opened the first malthouse in New England in one hundred years. Outside Ithaca, New York, bread from a farmer-miller-baker partnership has become an emblem in the battle against shale gas fracking. And in the Pacific Northwest, people are shifting grain markets from commodity exports to regional feed, food, and alcohol production. Such pioneering grain projects give consumers an alternative to industrial bread and beer, and return their production to a scale that respects people, local communities, and the health of the environment.

Many Americans today avoid gluten and carbohydrates. Yet, our shared history with grains—from the village baker to Wonder Bread—suggests that modern changes in farming and processing could be the real reason that grains have become suspect in popular nutrition. The people profiled in The New Bread Basket are returning to traditional methods like long sourdough fermentations that might address the dietary ills attributed to wheat. Their work and lives make our foundational crops visible, and vital, again.

Available in: Paperback

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The New Bread Basket

Amy Halloran

Paperback $17.95