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.

I am in favor of increased communication and cooperation between countries, but it is more important that each country becomes responsible for its own actions, its own communities, its own economies, before starting to integrate in large regional or global supranational organizations.

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.

Money is not wealth. Money is a claim on wealth.

Our global economy is out of control and performing contrary to basic principles of market economics.

An economic system can remain viable only so long as society has mechanisms to counter abuses of either state or market power and the erosion of the natural, social, and moral capital that such abuses commonly exacerbate.

Corporate globalists and the corporate empires they serve may be at the cutting edge of technological innovation, but socially and environmentally they are relics of a bygone era of imperial colonial rule, elite privilege, and state-sanctioned plunder.