The Conquest of Bread is an 1892 book by the Russian anarcho-communist Peter Kropotkin. Originally written in French, it first appeared as a series of articles in the anarchist journal Le Révolté. It was first published in Paris with a preface by Élisée Reclus, who also suggested the title. Between 1892 and 1894, it was serialized in part in the London journal Freedom, of which Kropotkin was a co-founder. In the work, Kropotkin points out what he considers to be the defects of the economic systems of feudalism and capitalism and why he believes they thrive on and maintain poverty and scarcity.

He goes on to propose a more decentralized economic system based on mutual aid and voluntary cooperation, asserting that the … More

The world has finally awoken to the reality of climate breakdown & ecological collapse. Now we must face up to its primary cause. Capitalism demands perpetual expansion, which is devastating the living world. There is only one solution that will lead to meaningful & immediate change: DEGROWTH. If we want to have a shot at halting the crisis, we need to restore the balance. We need to change how we see nature & our place in it, shifting from a philosophy of domination & extraction to one that’s rooted in reciprocity and regeneration.

We need to evolve beyond the dogmas of capitalism to a new system that is fit for the twenty-first century. … More

‘Game-changing … Read it!’ – Mariana Mazzucato ‘In a world of epic, overlapping crises, Stephanie Kelton is an indispensable source of moral clarity … the truths that she teaches about money, debt, and deficits give us the tools we desperately need to build a safe future for all. Read it – then put it to use.’ – Naomi Klein. The leading thinker and most visible public advocate of modern monetary theory – the freshest and most important idea about economics in decades – delivers a radically different, bold, new understanding for how to build a just and prosperous society.

Any ambitious proposal – ranging from fixing crumbling infrastructure to Medicare for all or preventing the coming climate apocalypse – … More

Born OTD in 1883, economist John Maynard Keynes. A groundbreaking debunking of moderate attempts to resolve financial crises In the ruins of the 2007-2008 financial crisis, self-proclaimed progressives the world over clamored to resurrect the economic theory of John Maynard Keynes. The crisis seemed to expose the disaster of small-state, free-market liberalization and deregulation. Keynesian political economy, in contrast, could put the state back at the heart of the economy and arm it with the knowledge needed to rescue us.

But what it was supposed to rescue us from was not so clear. Was it the end of capitalism or … More

It’s a belief that unites the left and right, psychologists and philosophers, writers and historians. It drives the headlines that surround us and the laws that touch our lives. From Machiavelli to Hobbes, Freud to Dawkins, the roots of this belief have sunk deep into Western thought. Human beings, we’re taught, are by nature selfish and governed by self-interest. Humankind makes a new argument: that it is realistic, as well as revolutionary, to assume that people are good. The instinct to cooperate rather than compete, trust rather than distrust, has an evolutionary basis going right back to the beginning of Homo sapiens. By thinking the worst of others, we bring out the worst in our politics and economics too.

In this major book, international-bestselling author Rutger Bregman takes some of the world’s most famous studies and events and reframes … More

Financial malpractice, we’re told, is an aberration: the actions of a few bad apples deviating from the norms of a market-governed process and gaming the system. In Sabotage, political scientists Anastasia Nesvetailova and Ronen Palan blow this fiction apart, showing that sabotage is not an anomaly, but part of the business model of finance – and always has been. Abusive lending practices, misleading investors, manipulating prices, deliberately falsifying figures, cheating, obstruction and taking advantage of ‘the dumbest person in the room’ – they’re actually the main source of profitability in finance, and the surest way to a bonus.

If you want to make money in the industry, you need to find ways of sabotaging either your clients, your … More

Born OTD in 1818, German philosopher, economist, historian, sociologist, political theorist, journalist and socialist revolutionary, Karl Marx. Marx’s Das Kapital cannot be put into a box marked ‘economics’. It is a work of politics, history, economics, philosophy and even in places, literature. This illustrated introduction to the Marxist critique of capitalist production and its consequences for a whole range of social activities such as politics, media, education and religion.

  Das Kapital is not a critique of a particular capitalist system in a particular country at a particular time. … More

Economics is broken, and the planet is paying the price. Unforeseen financial crises. Extreme wealth inequality. Relentless pressure on the environment. Can we go on like this? Is there an alternative? In Doughnut Economics, Kate Raworth lays out the seven deadly mistakes of economics and offers a radical re-envisioning of the system that has brought us to the point of ruin. Moving beyond the myths of `rational economic man’ and unlimited growth, Doughnut Economics zeroes in on the sweet spot: a system that meets all our needs without exhausting the planet.

The demands of the 21st century require a new shape of economics. This might just be it. Available online.

Today, our lives are dominated by an ideology of extreme competition and individualism. It misrepresents human nature, destroying hope and common purpose. But we cannot replace it without a positive vision, one that reengages people in politics and lights a path to a better world. Urgent and passionate, George Monbiot shows how new findings in psychology, neuroscience & evolutionary biology cast humans in a radically different light: as the supreme altruists and cooperators. He shows how both democracy and economic life can be radically reorganised from the bottom up, enabling us to take back control and overthrow the forces that have thwarted our ambitions for a better society.

Out of the Wreckage explains just how communities can be rebuilt with the help of a new “politics of belonging”. … More

Where Does Money Come From? reveals how, contrary to public perception, the bulk of today’s money supply is created and allocated by commercial banks in their role as providers of credit. The authors argue that this system is inherently unstable, with little effective regulation of how much credit is provided, or whether it is used for productive or speculative purposes.

Based on detailed research and consultation with experts, including from the Bank of England, Where Does Money Come From? reviews … More