Debt or Democracy

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Challenging conventional views on money and the debt crisis, Mary Mellor proposes a radical shift towards public wealth, emphasizing sustainability, sufficiency, and social justice. By critiquing the narrative surrounding the 2007 financial crisis and the ensuing austerity measures, she argues that the discourse of 'debt' and 'deficit' is misleading. Instead, Mellor advocates for a monetary system that prioritizes public ownership and benefits the majority, encouraging a reevaluation of the sources and purposes of money in society.