By Thomas H. Greco, Jr. Revised: 1997, 2004, 2021
Based on a monograph originally written and distributed in 1997. It was then ahead of the wave but now is the time.

Photo by Tim Marshall on Unsplash

The present state of civilization, even in so-called “democratic” or “free” countries, is one of dominance by massive hierarchical structures which are centrally controlled by a relatively small group of people. These individuals wield enormous power by virtue of their control of the established structures and mechanisms, especially those of money and finance, and through their ownership of the vast majority of the land and capital.

The further development…


Image by Wu Yi

Wikipedia can no longer be trusted to be an unbiased source of information. My own personal experience is a case in point, but there are plenty of others. Anyone who has the slightest familiarity with my work will know that I have been working on complementary currencies and alternative exchange systems for the past 40 years and am a recognized authority in the field with four published books and numerous published articles, presentations, interviews, and honors, including the “Legend of Barter” award presented by the International Reciprocal Trade Association (IRTA), the trade association for the commercial “barter” industry. I have…


During my academic career my primary teaching duty was to provide my students with an understanding of

the use of statistics to draw conclusions about the real world, and how to avoid the common pitfalls that lead to error. In connection with that I would remind them of an old saying of uncertain origin but often attributed to Mark Twain: “There are three kinds of lies: lies, damned lies, and statistics.” Here’s a case in point.

A report in the January 1 edition of the Arizona Daily Star (page B1) is headlined, “Longtime Nogales migrant shelter director Juan Francisco Louriero…


As I indicated in my previous post, No democracy when government has the money power, E. C. Riegel, more than 75 years ago, explained, better than anyone else I’ve encountered, the nature of money, its fundamental function, and the history and consequences of its politicization, and outlined a way of transcending the perverse and dysfunctional system that we have lived under for far too long. His work is perhaps best summarized in his book, Private Enterprise Money, from which I quoted. I continue here with further quotes that elucidate the key points of sovereignty, money and government.

Riegel’s solution involved…


Photo credit: Andrew Amistad
Photo credit: Andrew Amistad
Photo credit Andrew Amistad

This is the third in a series of articles that began in July 2020. Parts I and II can be found on Medium and my website beyondmoney dot net.

In 1979 I took a leap of faith and walked away. What did I walk away from? I had for a long time said that if I had to have a job, I could think of no better job than the one I had. With the rank of assistant professor, I held tenure at an institution of higher learning. The pay at that time was not that great, but the job…


The dystopian world of George Orwell’s, 1984, and Aldus Huxley’s, Brave New World, has been creeping up on us for a very long time. Now it’s coming on at a gallop and seems bound to cross the finish line in just a few short strides. Its pounding hooves shake the earth as they grind into dust truth, privacy, human rights, and all that humans hold sacred. The heat and stench from the monsters fiery breath give fair warning that it means to consume whatever stands in its way. …


Discord and confusion, conflicting stories, rampant disinformation, faction against faction, widespread anger and fear, people fighting among themselves, economic dislocation, personal interactions disrupted and people separated from friends and family, cessation of favorite sports and pastimes, and widespread abandonment of familiar ways of doing things. That is the state of our world today.

How have we come to this sorry pass and to what is it leading? Is this an act of God, is it the natural course of societal evolution, or is it something that has been intentionally contrived, and if so, by whom and to what purpose?

It…


Image based on the movie, They Live.”
Image based on the movie, They Live.”

Global pandemic, social distancing, widespread shut-downs, testing and “tracing,” economic crisis, and more recently, massive protests and social unrest, not just in the US, but around the world — What does it all mean? Like virtually everyone else in the world, my attention lately has been focused on that question.

I don’t feel terribly anxious about Covid-19, even though for me personally it poses a significant existential threat. …


Money and Finance Have Now Been Completely Collectivized

It is almost laughable to see “the powers that be” fumbling around, and bending everything they touch out of shape, as they try to maintain some semblance of life in the deeply flawed zombie system of money, banking and finance. Laughable, that is, if it were not so tragic.

This financial “Titanic” has not been ripped open by a sudden encounter with some unexpected and random “iceberg.” It was doomed from its very beginning because of its flawed design, construction, and operation, which I have repeatedly described over the past thirty plus…


When I was born, the world’s population numbered something like two billion people. Today it is estimated to be well over 7 billion, more than three and a half times the level of one lifetime ago. This is but one example of exponential or geometric growth, meaning growth that proceeds at an accelerating rate.

It takes little imagination to realize that such patterns of growth cannot persist over the long run. Indeed, nature provides plenty of examples to show that exponential growth can only be a temporary phase in a larger pattern that either levels off or ends in a…

Thomas H. Greco, Jr.

Scholar, author, educator, community economist, leading authority on moneyless exchange and private currencies. http://beyondmoney.net.

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