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USURY: How Finance Opened the Door for Capitalism Then Swallowed It Whole Richard Westra |
Usury laid medieval society to waste. Now, as the 21st century begins, finance again has turned to its dark side, using money to make money with no socially redeeming purpose. Such is the endgame of economies managed by capitalists without capitalism. "It is my hope that this book will be widely read by scholars, politicians, and all those who are troubled by our global economy’s current directions." Robert Albritton, Professor Emeritus, York University “Westra brilliantly dissects the West-East sweep of over- accumulated capital, allowing him to put financialization in proper perspective. If you tire of circling around worsening inequality, imperialism and other ‘idle-money’ symptoms of economic crisis, and instead you want to drill down to find root causes within capitalism’s putrefying remnants, as Westra puts it, this is a superb guidebook.” Patrick Bond, Professor of Political Economy, University of the Witwatersrand, Johannesburg |
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