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Eisenstein - Sacred economics: money, gift, & society in the age of transition

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Sacred economics: money, gift, & society in the age of transition: summary, description and annotation

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Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme--but in the wake of their collapse, we may find great opportunity to transition to a more connected, ecological, and sustainable way of being. This book is about how the money system will have to change--and is already changing--to embody this transition. A broadly integrated synthesis of theory, policy, and practice, Sacred Economics explores avant-garde concepts of the New Economics, including negative-interest currencies, local currencies, resource-based economics, gift economies, and the restoration of the commons. Author Charles Eisenstein also considers the personal dimensions of this transition, speaking to those concerned with right livelihood and how to live according to their ideals in a world seemingly ruled by money. Tapping into a rich lineage of conventional and unconventional economic thought, Sacred Economics presents a vision that is original yet commonsense, radical yet gentle, and increasingly relevant as the crises of our civilization deepen--;I: The economics of separation -- The gift world -- The illusion of scarcity -- Money and the mind -- The trouble with property -- The corpse of the commons -- The economics of usury -- The crisis of civilization -- The turning of the age -- II: The economics of reunion -- The story of value -- The law of return -- Currencies of the commons -- Negative-interest economics -- Steady-state and degrowth economics -- The social dividend -- Local and complementary currency -- Transition to gift economy -- Summary and roadmap -- III: Living the new economy -- Relearning gift culture -- Nonaccumulation -- Right livelihood and sacred investing -- Working in the gift -- community and the unquantifiable -- A new materialism -- Conclusion: The more beautiful world our hearts tell us is possible.

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Advance praise for Sacred Economics If you want a convincing account of just - photo 1

Advance praise for Sacred Economics:

If you want a convincing account of just how deep the shift in our new axial age is and must be, look no further than this brilliant book by Charles Eisenstein, one of the deepest integrative thinkers active today.

Michel Bauwens, founder of the P2P Foundation

With his breadth of knowledge, enthusiasm, commitment, diligence, and sensitivity, Eisenstein has become a beacon of hope for others. Your heart and mind will be opened by this treasure of a book that shines with wisdom of crucial importance to our troubled world today.

Kamran Mofid, PhD in economics; founder of the Globalisation
for the Common Good Initiative

Praise forThe Ascent of Humanity:

This is an extraordinary book. Eisenstein has put his finger on the core problem facing humanitynamely: separation. All the crises that humanity now faces are grounded in the belief that we are separateseparate from each other, separate from the biosphere that sustains us, separate from the universe that has brought us forth. This is a tour-de-force filled with astounding insight, wit, wisdom, and heart.

Christopher Uhl, author of Developing Ecological Consciousness:
Paths to a Sustainable Future

Quite marvelous, a hugely important work This book is truly needed in this time of deepening crisis.

John Zerzan, author of Future Primitive and Elements of Refusal

A radical awakening as to how we arrived at our current crisis and how we can more effectively redefine the path of our evolutionary journey.

Bruce Lipton, author of The Biology of Belief

Brilliant and original, with great depth of insight and understanding, Eisensteins Ascent of Humanity easily ranks with the works of such giants of our age as David Bohm, Julian Jaynes, Jean Gebser, and Alfred North Whitehead. It is a profoundly serious, indeed somber portrait of our times, even as it opens a door of honest hope amidst the dark destiny we have woven about us. Accept the challenge of this major accomplishment and discover the light shining within it.

Joseph Chilton Pearce, author of The Crack in the Cosmic Egg,
Magical Child, Evolutions End
, and The Biology of Transcendence

This is one of those rare books that moves the goal posts. Eisenstein pulls together a wide array of insights to show that what we thought was the solution is also the problem. It is eye-opening fodder for conversations with everyone I meet. As a technologist and a human being, I believe this could well be one of the most important books of the decade.

Garret Moddel, professor of electrical engineering at UC Boulder;
chairman & CTO, Phiar Corporation

Copyright by Charles Eisenstein 2011 Some rights reserved license30 This - photo 2

Copyright by Charles Eisenstein, 2011. Some rights reserved. [license_3.0] This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License. For more information, please visit http://creativecommons.org/licenses/by-nc-nd/3.0.

Sacred economics money gift society in the age of transition - image 3

Published by Evolver Editions

Evolver Editions publications are distributed by
North Atlantic Books
P.O. Box 12327
Berkeley, California 94712

Cover art, Still Life with Flowers, Fruits, and Poultry
by Jan Van Os (courtesy of Rijksmuseum, Amsterdam).
Art direction and cover design by michaelrobinsonnyc.com

Sacred Economics: Money, Gift, and Society in the Age of Transition is sponsored by the Society for the Study of Native Arts and Sciences, a nonprofit educational corporation whose goals are to develop an educational and cross-cultural perspective linking various scientific, social, and artistic fields; to nurture a holistic view of arts, sciences, humanities, and healing; and to publish and distribute literature on the relationship of mind, body, and nature.

North Atlantic Books publications are available through most bookstores. For further information, call 800-733-3000 or visit our website at www.northatlanticbooks.com.

Library of Congress Cataloging-in-Publication Data

Eisenstein, Charles, 1967
Sacred economics: money, gift, and society in the age of transition
/ Charles Eisenstein.
p. cm.
eISBN: 978-1-58394-398-4
1. MoneyHistory. 2. MoneyPhilosophy. I. Title.
HG231.E37 2011
332.49dc22

2011010766

v3.1

To my parents
and all others who have given me so much
with no thought of return

Picture 4

AUTHORS NOTE

I offer this book to you in the spirit of a gift, in keeping with its theme of bringing gift principles into the realm of money. In order to align principles with action, the publisher and I have chosen a Creative Commons copyright, which allows you to freely share this book for any non-commercial purpose. That means you can photocopy material from the book, put it on your blog, and so forth, as long as you dont sell it or use it to carry advertising. We also ask that you provide attribution, in order that people who want to find more of my work can do so. You can find other legal details on the Creative Commons website.

One characteristic of gifts is that the return gift is not specified in advance. If you receive or disseminate this work free of charge, we welcome a voluntary return gift that expresses the gratitude or sense of value that you may feel. You may do so through the websites associated with the author and the book.

Ultimately, I see myself as a steward and channel for the ideas of Sacred Economics. Standing atop the shoulders of thinkers far more illustrious than myself, I absorb, digest, and transmit ideas from our cultural commons. Such is the gift I have received and from which I give in turn. That is why I cannot, in good conscience, consider myself the morally legitimate owner of these ideas. Thankfully, my publisher has had the courage to explore a new model of handling intellectual property. I look forward to the day when artists no longer need to maintain, through intellectual property laws, an artificial scarcity of their work, yet still receive abundant returns borne of the gratitude of those who receive it.

TABLE OF CONTENTS
INTRODUCTION

The purpose of this book is to make money and human economy as sacred as everything else in the universe.

Today we associate money with the profane, and for good reason. If anything is sacred in this world, it is surely not money. Money seems to be the enemy of our better instincts, as is clear every time the thought I cant afford to blocks an impulse toward kindness or generosity. Money seems to be the enemy of beauty, as the disparaging term a sellout demonstrates. Money seems to be the enemy of every worthy social and political reform, as corporate power steers legislation toward the aggrandizement of its own profits. Money seems to be destroying the earth, as we pillage the oceans, the forests, the soil, and every species to feed a greed that knows no end.

From at least the time that Jesus threw the money changers from the temple, we have sensed that there is something unholy about money. When politicians seek money instead of the public good, we call them corrupt. Adjectives like dirty and filthy naturally describe money. Monks are supposed to have little to do with it: You cannot serve God and Mammon.

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