Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.

We can have democracy and a prosperous, just, and sustainable human future. Or we can have corporate rule. We cannot have both.

But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living.

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.

It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.

The proper goal of an economic democracy agenda is to replace the global suicide economy ruled by rapacious and unaccountable global corporations with a planetary system of local living economies comprised of human-scale enterprise rooted in the communities they serve and locally owned by the people whose wellbeing depends on them.