Jean Silvio Gesell (March 17, 1862–March 11, 1930) was a merchant and finance theoretician. He founded the Freiwirtschaftslehre (doctrine of free economy). In 1906 he wrote his most famous book, The Natural Economic Order. He is most noted for advocating a currency which would depreciate over time as, at scheduled intervals, users chip off portions. March 17 is the 76th day of the year in the Gregorian Calendar (77th in Leap years). ... 1862 was a common year starting on Wednesday (see link for calendar). ... 11 March is the 70th day of the year in the Gregorian Calendar (71st in Leap year). ... 1930 (MCMXXX) is a common year starting on Wednesday. ... Merchants function as professionals who deal with trade, dealing in commodities that they do not produce themselves, in order to produce profit. ... Freiwirtschaft (German for free economy) is an economic idea founded by Silvio Gesell in 1916. ... 1906 (MCMVI) was a common year starting on Monday (see link for calendar). ... The Natural Economic Order is the most famos book of Silvio Gesell. ...
He was born in Sankt-Vith, Belgium the son of a Walloon mother and a German father. He died in Eden near Oranienburg. Sankt Vith (French: Saint-Vith) is a municipality located in the Belgian province of Liège, and in the German speaking community in Belgium. ... The term Walloon may refer to either the Walloon language, or to the ethnic people of the same name. ... Oranienburg is a town in Brandenburg, Germany. ...
In the theory of Freiwirtschaft, Freigeld (German for free money) is a monetary (or exchange) unit. ... This article needs to be cleaned up to conform to a higher standard of quality. ... Mutualism is an economic theory or system based on a labor theory of value that advocates that equal amounts of labor should receive equal pay. ...
External links
Full text of The Natural Economic Order
Money reform A number of online text related to money reform and interest free money, in several languages.
SilvioGesell oli Argentiina ärimees ja ökonomist kes käis välja demurrage mõiste.
Gesell was an Argentine businessman and economist who has been neglected by many theoretical economists because of the--at first sight--unconventional nature of his "charge" or "demurrage" concept.
Gesell's initial premise was that money as a medium of exchange should be considered a public service good (just as public transportation, for instance) and, therefore, that a small user fee should be levied on it.
SilvioGesell was indeed a philosopher/economist who wrote in the early part of the century.
Gesell's thought appealed to those like Pound who held left-wing sentiments -- loved the workers, at least in the abstract; hated the rich -- but felt that Marx's understanding of economics and society was too simplistic.
Specifically Gesell (following Proudhon) felt Marx erred in not recognizing Finance as a separate class from Capital, that the interests of bankers were not identical with those of factory owners and that the bankers had greater power because of the nature of money itself.
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