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Money & Monetary PolicyAsynchronous Exchange: The End of Capitalism cover
THE BOOKSHELF · English

Asynchronous Exchange: The End of Capitalism

By B. M. Friedman
During centuries now capitalism sustained and expanded a human world based on monetary fraud, systemic disadvantages, and failed democracies, which massively squandered the Earth's material resources and irreversibly destroyed countless ecosystems. By the aforesaid means, capitalism severely conditioned the future of humankind on Earth and engendered a factually plutocratic world order. This book aims to replace capitalism by building a more advanced civilization. Asynchronous Exchange: The End of Capitalism remodels basic concepts of human thinking, describes a mature commercial-exchange behavior, and proposes a reform for democracy. For ach
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During centuries now capitalism sustained and expanded a human world based on monetary fraud, systemic disadvantages, and failed democracies, which massively squandered the Earth's material resources and irreversibly destroyed countless ecosystems. By the aforesaid means, capitalism severely conditioned the future of humankind on Earth and engendered a factually plutocratic world order. This book aims to replace capitalism by building a more advanced civilization. Asynchronous Exchange: The End of Capitalism remodels basic concepts of human thinking, describes a mature commercial-exchange behavior, and proposes a reform for democracy. For achieving the aforesaid purpose, the reader will become acquainted with the differences in psychological brain functions which produce different cognitive and behavioral outcomes, and will understand how those cognitive and behavioral outcomes impact his or her life. Hence, here explained the fundamental aspects of human choice-making processes. With such knowledge becomes evident that the capitalistic market theories stand founded in magical thinking. The capitalistic doctrine thereby shown clearly faulty and fully obsolete. Thus, the regime of Asynchronous Exchange herein proposed: Eliminates the need of eternal growth used by capitalism to perpetuate its fraud, which caused so much destruction to the Earth and its ecosystems. Eliminates oligarchic, oligopolistic, and monopolistic positions which so far only served to subvert any actual democracy. Includes a new regime of ownership of productive organizations which eliminates an ages-old tradition of authoritarianism. Protects innovators and pioneers from becoming prey of the capitalistic criminals, and forces everyone to thrive by its own, honest labor. For all those who want to move forward and build a better world, this book brings enlightenment and offers concrete, realistic solutions.

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