Re: Socialism and Capitalism

On Jul 17, 6:24=A0pm, jetgraphics <jetgraph...@[EMAIL PROTECTED]
> wrote:
> Addendum: Capitalism and Capital
>
> Since the 17th century, it has been assumed that investment at usury
> was part of capitalism. In fact, it is not.
>
> Usury is mathematically impossible to pay in a finite money token
> system.

  Which of course nobody sane would assume is what we've got, or
indeed
ever had.

> Aggregate usury creates an obligation that is larger than the
> whole sum of money tokens. Thus a pro****tion of debtors must default,
> and lose their pledged collateral, because the money does not exist.

  ONLY IF THE USURERS NEVER SPEND MONEY!

> Usury is a scheme and a scam to rob people and has been condemned by
> all religions and philosophers, throughout history. Unfortunately,
> usurers bribed enough academics and leaders, to rewrite the rules in
> their favor.

  No, people realised (in spite of not because of leaders and
academics) that
lending at interest served the purposes of investers and allowed more
production
and im****tantly allowed people to invest who would not otherwise have
been
able to.

>
> If you realize that usurers prey upon property owners, it is clear
> that usury is evil. But by centuries of disinformation, we have been
> misled to call it "capital investment".
>
> Adam Smith, in his book "The Wealth of Nations", was instrumental in
> reprogramming people to accept the abomination of usury as desirable.
>
> If one can separate the evil usurer from the individual who absolutely
> owns himself, his labor and fruits of his labor, it will be clearer.

  What evil?  People voluntarily agree to pay, are they doing evil to
themselves?