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Andrew Ross - Strike Debt - Debt & Growth

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Published on Sep 27, 2012

Andrew Ross (Strike Debt) teach-in at the Free University on September 20, 2012. Our present money system can only function in a growing economy. Money is created as interest-bearing debt: it only comes into being when someone promises to pay back even more of it. But growth, especially when finance-driven, is ecologically destructive. How do we reconcile this contradiction?

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