In this extract from Just Money: How Society Can Break the Despotic Power of Finance Ann Pettifor describes how orthodox economics and finance have promoted a profoundly inadequate account of money. Change is necessary and possible. But it will come only through a revolution in the general public’s understanding.

Pettifor is a Director of Policy Research in Macroeconomics (PRIME). She wrote the The Coming First World Debt Crisis  in 2006.