Into the Open Economy
 Front cover | |
| Author | Colin R. Turner |
|---|---|
| Illustrator | |
| Country | Ireland |
| Language | English |
| Genre | Economic theory |
| Published | August 2016 |
| Publisher | Applied Image |
| Media type | Paperback, Kindle E-book |
| Pages | 92 |
| ISBN | 978-0-9560640-4-2 Search this book on  . |
Into the Open Economy is a book written by Irish author and social activist Colin R. Turner which sets out proposals for an open (sharing) economy without money, trade, or governance.[1]
Basic premise
The book holds that the majority of social, economic, and environmental problems are caused by the limitations of the market system, or, as Turner puts it: "our primary methods of distributing resources and conducting society, namely: trade and governance."[2]
Turner goes on to detail the inherent limitations of trade and governance, where he claims trade and exclusive ownership always lead to wealth concentration,[3] and the rise in technological unemployment must inevitably negate the market system through the collapse of the labour market.[4]
Turner also describes government as "an outgrowth of the trading system", speculating that without a trading system and labour market, government would have little or no reason to exist.[5]
Open economy
In the book, Turner proposes what he calls an open (sharing) economy, founded on the basic principles of sharing and shifting individual purpose from self-interest to group interest.[6] He defines the open economy as: "the application of an open, distributed model to a traditionally closed-loop economic system. In other words, rather than every individual seeking only to benefit themselves, a common understanding exists that enables everyone to benefit everyone, including themselves."[7]
Other books
Into the Open Economy has been translated into Spanish[8], French[9], German[10], Portuguese[11], and Czech[12]. Turner is also the author of a novel, F-Day: The Second Dawn of Man, which presents a visualisation of how an open economy might come about.[13] He is also the author and founder of Free World Charter.[14]
References
- ↑ "The Open Economy". Freeworlder.com. Retrieved 2017-08-31.
- ↑ Turner 2016, p. 8.
- ↑ Turner 2016, p. 12.
- ↑ Turner 2016, p. 13.
- ↑ Turner 2016, p. 9.
- ↑ Turner 2016, p. 25.
- ↑ Turner 2016, p. 23.
- ↑ Hacia una Economía Abierta. ISBN 978-0956064080. Search this book on
- ↑ Le chemin vers l’Economie Ouverte. ISBN 978-0956064059. Search this book on
- ↑ Der weg in die Offene Volkswirtschaft. ISBN 978-0956064066. Search this book on
- ↑ O Caminho Para a Economia Aberta. ISBN 978-0956064073. Search this book on
- ↑ Do Otevřené ekonomiky. ISBN 978-0956064097. Search this book on
- ↑ Turner, Colin R. (July 2016). F-Day: The Second Dawn of Man. Ireland: Applied Image. ISBN 978-0-9560640-2-8. Search this book on
- ↑ "What is the Free World Charter?". www.freeworldcharter.org. Retrieved 2017-03-28.
Bibliography
- Turner, Colin R. (2016). Into the Open Economy. Ireland: Applied Image. ISBN 9780956064042. Search this book on [non-primary source needed]
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