Julio Linares: Decolonizing Money: The Promise of Abolishing the US Dollar

Pluto Press, 2026, Paperback, 208 pages, 16.5 x 23.5 cm

To change the world, we need a money revolution. Yet the debate over money has been dominated by two perspectives: those free-market capitalists who want money to rule everything, and those who want the state to harness money's power. Decolonizing Money presents an anarchist theory of money which sets out strategies for collective liberation beyond state and capital.

Drawing on anarchist, abolitionist, and anti-colonial feminist traditions, Julio Linares makes the heretical argument for a grassroots democratic movement to abolish the imperialist US dollar as a necessary step towards the cancellation of debt and establishing a worldwide basic income. Linares shows that money, beyond a store of value and a medium of exchange, is a series of promises a society makes to itself – and he challenges us to make them otherwise.

Julio Cèsar Linares is an economic anthropologist and community organizer. At the London School of Economics he was a student and collaborator of the late David Graeber. He serves as Public Outreach for the Basic Income Earth Network.