Sacred Economics: Money, Gift, and Society in the Age of Transition
TL;DR — Eisenstein’s argument that interest-bearing money requires endless growth — and what a gift economy would replace it with.
⬇ Download the archived copy — kept here so the document survives its source going dark. Explicitly free / author-released / CC.
Released free by the author under a Creative Commons licence, which is consistent with the argument.
Eisenstein’s claim is that money created as interest-bearing debt structurally requires perpetual growth, that this drives the conversion of commons and relationships into priced commodities, and that the alternative lies in gift dynamics, demurrage and negative-interest currency.
⚠️ Heterodox economics with a spiritual register. The monetary mechanics are contested by mainstream economists; the anthropological material on gift is drawing on real scholarship. Read as a serious statement of a position rather than as settled analysis.
Where this came from
314 pages. A copy is archived locally against link rot; the header links the original source.