The paper explains how to achieve a universally prosperous environmentally sustainable global society. This objective is incompatible with traditional economic policies dependent of full employment and ideologies based on uninhibited use of non-renewable resources. Politically attractive...

Renewable energy can become a fraction of the cost of burning carbon to generate electricity in communities that use money that has a usage charge described as "demurrage". As with Islamic banking, demurrage money eliminates discounting future values from the ability of earning interest today....