Globalisation and Public Welfare
with Respect to the Money- and Land Order.
This is the title of a work by Helmut Creutz, a famous author of a alternative thinking about money.
Here is a preface of this paper:
„On the one hand it is hardly comprehensible how financial currents around the globe are increasing so excessively and on the other hand there are growing complaints about a lack of money. On the one hand poverty is spreading in the world more and more, on the other hand a minority of people are accumulating a wealth that can only be measured in terms of the economic performance of dozens of smaller countries. How do such contradictions arise? What are the reasons for such dysfunctional developments on international and national levels? How come that the turnover at global stockexchanges meanwhile exceeds the turnover of real economy by a multiple of times, so that global debts permanently grow, deepening the discrepancy between North and South, between the rich and the poor. How is it possible that three people on earth have gathered a wealth that surpasses the economic performance of 600 million people in 35 of the poorest countries? And how does it come that within individual countries there is an alarming growth of economic and social problems despite a steady increase of the economic performance and the escalation of monetary assets. How does it come that thirty years ago towns and municipalities were capable of building schools, public swimmingpools, nurseryschools and libraries and today, they aren