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 New Feminist Agenda

The New Feminist Agenda

By Madeleine Kunin

Feminists opened up thousands of doors in the 1960s and 1970s, but decades later, are U.S. women where they thought they'd be? The answer, it turns out, is a resounding no. Surely there have been gains. Women now comprise nearly 60 percent of college undergraduates and half of all medical and law students. They have entered the workforce in record numbers, making the two-wage-earner family the norm. But combining a career and family turned out to be more complicated than expected. While women changed, social structures surrounding work and family remained static. Affordable and high-quality child care, paid family leave, and equal pay for equal work remain elusive for the vast majority of working women. In fact, the nation has fallen far behind other parts of the world on the gender-equity front. We lag behind more than seventy countries when it comes to the percentage of women holding elected federal offices. Only 17 percent of corporate boards include women members. And just 5 percent of Fortune 500 companies are led by women.

It's time, says Madeleine M. Kunin, to change all that. Looking back over five decades of advocacy, she analyzes where progress stalled, looks at the successes of other countries, and charts the course for the next feminist revolution--one that mobilizes women, and men, to call for the kind of government and workplace policies that can improve the lives of women and strengthen their families.

Available in: Hardcover, Paperback

Read More

The New Feminist Agenda

Madeleine Kunin

Paperback $17.95

Ethical Markets

Ethical Markets

By Hazel Henderson and Simran Sethi

With insight, clarity, warmth, and enthusiasm Hazel Henderson announces the mature presence of the green economy. Mainstream media and big business interests have sidelined its emergence and evolution to preserve the status quo.

Throughout Ethical Markets Henderson weaves statistics and analysis with profiles of entrepreneurs, environmentalists, scientists, and professionals. Based on interviews conducted on her longstanding public television series, these profiles celebrate those who have led the highly successful growth of green businesses around the world.

Ethical Markets is the ultimate sourcebook on today's thriving green economy.

Available in: Paperback

Read More

Ethical Markets

Hazel Henderson, Simran Sethi, L. Hunter Lovins

Paperback $30.00

The Moneyless Manifesto

The Moneyless Manifesto

By Mark Boyle

That we need money to live, like it or not, is a self-evident truism. Right? Not anymore. Drawing on almost three years of experience as The Moneyless Man, exbusinessman Mark Boyle not only demystifies money and the system that binds us to it, he also explains how liberating, easy, and enjoyable it is to live with less of it.

In The Moneyless Manifesto, Mark takes us on an exploration that goes deeper into the thinking that pushed him to make the decision to go moneyless, and the philosophy he developed along the way.

Bursting with radical new perspectives on some of the vital, yet often unquestioned, pillars of economic theory and what it really means to be “sustainable,” as well as creative and practical solutions for how we can live more with less, Mark offers us one of the world’s most thought-provoking voices on economic and ecological ideas.

Mark’s original, witty style will help simplify and diversify your personal economy, freeing you from the invisible ties that limit you, and making you more resilient to financial shocks. The Moneyless Manifesto will enable you to start your journey into a new world.

Available in: Paperback

Read More

The Moneyless Manifesto

Mark Boyle, Charles Eisenstein

Paperback $24.95

Bye Bye, Miss American Empire

Bye Bye, Miss American Empire

By Bill Kauffman

It's been almost a century and a half since a critical mass of Americans believed that secession was an American birthright. But breakaway movements large and small are rising up across the nation. From Vermont to Alaska, activists driven by all manner of motives want to form new states-and even new nations.

So, just what's happening out there? The American Empire is dying, says Bill Kauffman in this incisive, eye-opening investigation into modern-day secession-the next radical idea poised to enter mainstream discourse. And those rising up to topple that empire are a surprising mix of conservatives, liberals, regionalists, and independents who-from movement to movement-may share few political beliefs but who have one thing in common: a sense that our nation has grown too large, and too powerfully centralized, to stay true to its founding principles.

Bye Bye, Miss American Empire traces the historical roots of the secessionist spirit, and introduces us to the often radical, sometimes quixotic, and highly charged movements that want to decentralize and re-localize power.

During the George W. Bush administration, frustrated liberals talked secession back to within hailing distance of the margins of national debate, a place it had not occupied since 1861. Now, secessionist voices on the left and right and everywhere in between are amplifying. Writes Kauffman, "The noise is the sweet hum of revolution, of subjects learning how to be citizens, of people shaking off . . . their Wall Street and Pentagon overlords and taking charge of their lives once more."

Engaging, illuminating, even sometimes troubling, Bye Bye, Miss American Empire is a must-read for those taking the pulse of the nation.

Available in: Paperback

Read More

Bye Bye, Miss American Empire

Bill Kauffman

Paperback $17.95