Growing concern at ecological devastation, poverty amidst plenty, massive pollution, mass migration, economic wars over oil, water and other threats to the very fabric of society have resulted in calls for alternative approaches to the study of economics and society. According to economic theory as taught in universities across the world, There Is No Alternative to economic growth and environmental degradation. Fortunately, we have to hand a massive literature on the worldwide school of social credit economics. Developed by the guild socialists and Clifford Hugh Douglas in the immediate aftermath of the First World War, social credit was widely studied throughout the middle decades of the twentieth century.
Only possible in sovereign state with gold backed money. Money spent internally enriches people and businesses. This was tried in Australia in 1920's with great success. Banksters takeover of economy put a stop to it.