UNLEASHING USURY: How Finance Opened the Door for Capitalism Then Swallowed It Whole

UNLEASHING USURY: How Finance Opened the Door for Capitalism Then Swallowed It Whole

 

 

“Unleashing Usury is a must read for those concerned about the increasing financialization of the global economy. ‘Usury’ got its deeply negative connotations in the Middle Ages, when Christianity viewed it as out and out evil. Westra argues that this was not simply some kind of naive bias on the part of Christianity, since the dog-eat-dog trends of usury did play a role in undermining medieval civilization. In this book he presents forceful arguments backed by strong historical evidence to demonstrate that the capitalist financialization we are now experiencing is far worse than the medieval breed of usury. This is because of the extent to which the unleashing of usury has penetrated global life with deep wounds, wounds that because of their depth and breadth will be difficult to heal.”
ROBERT ALBRITTON, Professor Emeritus, York University

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THE EVIL AXIS OF FINANCE The US-Japan-China Stranglehold on the Global Future

THE EVIL AXIS OF FINANCE The US-Japan-China Stranglehold on the Global Future

 

 

Why, despite the existence of raft of potential international investment outlets, is a major share of global wealth and savings impelled toward a United States (US) Wall Street centered casino? Why has an increasingly gapping chasm crystallized between ever bloating global financial activities and the “real” world economy of production and trade? How is it that wealthy governments’ injecting trillions of dollars into stumbling financial sectors across the globe is failing to create new decent jobs? The present volume clearly answers these questions and more.

“This is the best researched and hardest hitting book yet written on what Westra so aptly refers to as ‘rotating meltdowns’ caused by High Finance’s irresponsible expansion of and gambling with debt.”

ROBERT ALBRITTON, Prof. Emeritus, York University, Canada

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