The Ethic of Usury and Interest
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Blissard, William) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from The Ethic of Usury and Interest: A Study in Inorganic Socialism The abolition of the Usury Laws, which has only been consummated within the last half century, has raised the presumption that Usury itself was then abolished: - in other words, that Capital was, thenceforward, morally entitled to whatever share of the produce of Industry which it could appropriate. The self-esteem of "Property" promptly took a long stride in advance of even this position, and posed as a benefactor to the working classes by its claim to give them employment, by the simple process of consuming, i.e. destroying, under the name of Interest on Capital, or of Rent of Land, as large a portion as possible of the material wealth which industry had produced. This doctrine, when cast in an extreme form, implies that the existence of a large class of non-productive consumers is at least as beneficial to a Community, as a large class of producers of wealth; - which comes to much the same thing as to affirm, that those who shear sheep in mid-winter are doing them a service. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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