What the study found
The article argues that modern economic problems, including unsustainable growth, income inequality, unemployment, inflation, and recurring financial crises, are fundamentally linked to the current monetary system. It states that sustainability requires replacing the present system with a more natural monetary alternative, as advocated by Silvio Gesell.
Why the authors say this matters
The authors conclude that such a shift is essential for approaching "perfect competition" and for achieving "development at human scale," a concept described by Max-Neef and colleagues as prioritizing the fulfillment of fundamental human needs. The study suggests that the issue goes beyond sustainability alone and concerns broader economic stability.
What the researchers tested
This is a research article that advances an argument about the role of monetary structure in economic outcomes. The abstract does not describe empirical experiments or a specific dataset; it presents a conceptual analysis grounded in Gesell's ideas and related economic concepts.
What worked and what didn't
The article contends that the existing monetary system is tied to growth pressure, unequal income distribution, unemployment, inflation, and financial crises. It also asserts that an alternative monetary system would better support sustainability, perfect competition, and human-scale development.
What to keep in mind
The available summary does not describe methods, evidence, or limitations in detail. The abstract presents the article's claims, but it does not provide empirical results or indicate how the argument was tested.
Key points
- The article links unsustainable growth and income inequality to the current monetary system.
- It also connects the monetary system to unemployment, inflation, and recurring financial crises.
- The authors argue that sustainability requires a shift to a more natural monetary alternative.
- They say this shift is needed to approach perfect competition and human-scale development.
- The abstract does not describe empirical methods or detailed limitations.
Disclosure
- Research title:
- Article argues current monetary systems block sustainability
- Authors:
- Félix Fuders
- Institutions:
- Austral University of Chile
- Publication date:
- 2026-03-25
- DOI:
- 10.1111/ajes.70037
- OpenAlex record:
- View
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