Decolonizing Money : The Promise of Abolishing the US Dollar

A democratic vision of money that goes beyond the free market and the state

'An important thinker' - David Graeber, author of Debt: The First 5,000 YearsTo change the world, we need a money revolution. Yet the debate over money has been dominated by two perspectives: those free-market capitalists who want money to rule everything, and those who want the state to harness money's power. Decolonizing Money presents an anarchist theory of money which sets out strategies for collective liberation beyond state and capital. Drawing on anarchist, abolitionist and anti-colonial feminist traditions, Julio Linares makes the heretical argument for a grassroots democratic movement to abolish the imperialist US dollar as a necessary step towards the cancellation of debt and establishing a worldwide basic income. Linares shows that money, beyond a store of value and a medium of exchange, is a series of promises a society makes to itself – and he challenges us to make them otherwise. This innovative book takes up lessons from global history and social movements in order to unleash the political imagination. It shows us how the creation, use and most importantly the destruction of money are forms of power that need to be reclaimed through direct action, as part of a radical democratic project for autonomy and self-determination.