As the recent financial crisis has revealed the state is central to the stability of the money system while the chaotic privately-owned banks reap the benefits without shouldering the risks. This book argues that money is a public resource that has been hijacked by capitalism. Mary Mellor explores the history of money & modern banking showing how finance capital has captured bank-created money to enhance speculative leveraged profits as well as destroying collective approaches to economic life. Meanwhile most individuals & the public economy have been mired in debt. To correct this obvious injustice Mellor proposes a public & democratic future for money. Ways are put forward for structuring the money & banking system to provision societies on an equitable ecologically sustainable sufficiency basis. This fascinating study of money should be read by all economics students looking for an original analysis of the economy during the current crisis.