This book is a pioneering work in the field of monetary theory, arguing that the existing system of currency is inherently flawed and proposing a new system of mutual credit based on the principles of mutualism. Written by a leading American anarchist and social theorist, this work is as relevant today as it was when first published in 1857.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
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