Aug 21, 2021
I recently finished what I now consider to be one of the most important and transformative financial books I've ever read: Sacred Economics, Revised: Money, Gift & Society in the Age of Transition by Charles Eisenstein.
The book traces the history of money, from ancient gift economies to modern capitalism, and the new revised edition includes new material on cryptocurrencies and emerging research that has come out since the book's original publication. Charles shows how capitalism contributes to alienation, competition, and scarcity; destroys community; and necessitates endless growth at the cost of social and environmental devastation.
Today, these trends have reached their extreme - and their collapse presents a golden opportunity to transition to a more connected, ecological, and sustainable way of being. Charles describes the deeper narratives beneath our economic system, and how we can reimagine it to align with a new story.
Applying a broadly integrated synthesis of theory, policy, and practice, he explores avant-garde concepts of the New Economics, including negative-interest currencies, local economies, gift economics, cryptocurrencies, and the restoration of the commons.
Tapping into a rich lineage of conventional and unconventional economic thought, he presents a vision that is original yet commonsense, radical yet gentle, and increasingly relevant as the crises of our civilization deepen. Charles is an American public speaker and author. His work covers a wide range of topics, including the history of human civilization, economics, spirituality, and the ecology movement.
Key themes explored include anti-consumerism, interdependence, and how myth and narrative influence culture. His books include:
My initial introduction to Charles and his writing was when I discovered his wonderful essay The Coronation, which you can read here.