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Freiwirtschaft

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Freiwirtschaft (German for free economy) is a doctrine founded by Silvio Gesell.

Main differences to current economic systems:

  • All money is Freigeld (free money)
  • All land is Freiland (free land) and can only be rented, not purchased

The (proposed) results include:

  • Interest rates drop to almost zero percent
  • No artificial shortage of real capital
  • No forced economical growth
  • Work for everyone who can work
  • Less working hours per week for everyone

Freiwirtschaft does not aim to replace a social state or ecological politics, but would facilitate these.

There seems to be an attempt to realize Freiwirtschaft in a small area in Canada, based on artificial money called Gogo that loses its value after one year.

For a theoretical example of Freiwirtschaft , see [1] (in German).

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