Short Circuit: Practical New Approach to Building More Self-Reliant Communities - Softcover

Douthwaite, Richard

Softcover

ISBN 10: 1870098641 ISBN 13: 9781870098649

Publisher: Green Books, 1996

Synopsis

The global economy can no longer be relied upon to provide the necessities of life. Even in wealthy countries, the vagaries of free trade and the unimpeded movement of capital pose a threat not just to job security but to food and energy supplies as well. Short Circuit proposes that each community build an independent local economy capable of supplying the goods and services its people would need should the mainstream economy collapse. It details the financial structures necessary for self reliance and it describes the techniques already in use in pioneering communities. These include local currency schemes and community banks that enable local interest rates and credit terms to differ from those in the world economy. Efforts to meet local food and energy requirements using local resources are also reviewed. Blending sophisticated analysis with practical guidance, Short Circuit opens up a wide range of possible futures and demonstrates sources of empowerment and cultural identity beyond conventional politics and economics.

About this title

Review

" 'Short Circuit' resonates. A vital read for uncertain times.' -- Sara Parkin, Green Party founder and director of Forum for the Future

"A wonderfully irreverent challenge to our obsessions with the market place." -- - Anthony Sampson, author of 'The New Anatomy of Britain'

"Marvellous. Brilliantly written. Challenges the globalisation of the food economy and shows how re-localisation is possible." -- - Prof. Tim Lang

"Short Circuit combines brilliant analysis with straight reporting of the experience of people in areas almost invariably dismissed as 'alternative'. This is a book crammed with stories. There are stories of how people, working within their own communities, have created alternative financial systems, 'parallel financial micro-climates', within which local resources are appropriated, applied and exchanged... It provides a map of reality which is at least as real as the one depicted in the news columns and business pages, but is never acknowledged other than in a tokenistic and condescending way." -- - John Walters, The Irish Times

"Very valuable... the most readable and accurate account of the new money systems I've come across." -- - Michael Linton, developer of Local Exchange Trading Systems LETS

About the Author

Richard Douthwaite is an economist and writer with a special interest in climate and energy issues and in local economic development. His best-known book, The Growth Illusion: How Economic Growth Enriched the Few, Impoverished the Many and Endangered the Planet explores the effects that the pursuit of growth has had on the environment and society. He is a co-founder of Feasta, the Foundation for the Economics of Sustainability, the Dublin-based international network of people who believe that the world's sustainability problems are due to the use of dysfunctional systems and are trying to develop better ones. His current projects include the design and introduction of novel financing arrangements for community energy projects and the management of the Carbon Cycles and Sinks Network which explores ways in which land-based greenhouse gas emissions can be reduced.

Edition details

• Publisher: Green Books
• Publication date: 1996
• ISBN 10: 1870098641
• ISBN 13: 9781870098649
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 240