Download e-book for iPad: Unleashing Usury: How Finance Opened the Door for Capitalism by Richard Westra

By Richard Westra

ISBN-10: 0986085332

ISBN-13: 9780986085338

Usury laid medieval society to waste. Western civilization was once kept by way of the increase of capitalism, which tamed the actions of cash lending, and endowed them with socially redeeming price, tethering finance to increasing construction of fabric items and elevated social wealth. Now, because the twenty first century starts, bloating tides of cash without danger of ever being switched over into genuine capital wash over the area. Finance back has became to its darkish part, utilizing funds to make cash with out socially redeeming function. Such is the endgame of economies controlled via capitalists with out capitalism. As Marx foresaw, capitalist society, like every others, is destined to be outpaced via background because the stipulations of its lifestyles decompose and turn into a drag at the human destiny. both we'll reach bringing approximately new politico-economic structures—or civilization will cave in into barbarism, simply as usury broke it down within the past.

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Unleashing Usury: How Finance Opened the Door for Capitalism Then Swallowed It Whole by Richard Westra


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