Bernard Lietaer - The Future of Money - Full Book

have this power should not amaze us, given the cumulative nature of 'the vicious circle of unemployment' we saw earlier in Figure 5.1.

Mussolini was right when he claimed that 'fascism is not a doctrine, it is a response to the need for action'.

The 1930s were one more demonstration of the 'vicious circle of unemployment' connecting unemployment, violence, fear, political polarisation and instability. The closing of the loop back to higher unemployment was only avoided by the biggest instability of them all: war. Given this historical record, we can make the next three observations: · Whoever makes the decision to stamp out complementary currency initiatives should also be held accountable for providing alternative solutions and finding the money to pay for the services that they render. It just won't do to block them on some technicality and leave the subsequent social and political mess and despair to take care of itself, because we know exactly where this leads. We have been there before. · Impeding individuals or groups from solving their own problems at a local level automatically creates demand for a saviour. Such a saviour invariably appears, whether called the Central Government, the Fuhrer, the Duce, Zhirinofski, Buchanan, Le Pen or Fini, or any one of their successors. · The record also shows that the only really effective way for largescale centralized approaches to reduce serious structural unemployment is to prepare for war. Such economic reasons for war have been found not only for World War II, but for many other conflicts as well.

Today’s systems