Dear Wes
Thanks for this.
In a nut-shell:
* Capitalism is not the answer - it is the problem
* Lending money for profit is the motor that drives capitalism
* Capitalism - for *every body*, every creature and the whole
planet - is like playing with a one-armed bandit - the machine (the money
machine) *always* wins
Thus we Campaign for Interest-Free Money, aim for a Public Service,
non-interest based banking system (some would say, as a prelude to
dispensing with money altogether!)
I copy below a booklist - please forward, both on the net and, most
particularly to those who are not.
All in love, to, for and from, all,
j
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*** Interest-Free Money - A Booklist ***
The following is a collection that examines the history and effects of
charging interest on lent money.
I'd be glad to receive suggested additions that explain, not the ills of
the present economic system, but which cover specific discussions of usury
and descriptions for its replacement.
John Courtneidge
Networking for The Campaign for Interest-Free Money
<[EMAIL PROTECTED]>
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Margrit Kennedy 'Interest and Inflation-Free Money'
New Society Publishers, Philadelphia, USA, 1995
(USA ISBN 0-86571-319-7
A good - almost unique book - explaining the effects of interest on daily
life and the way it stops civilised life developing
Available from us: �11, postage and packing free
**********************************************************
James Buchan 'Frozen Desire:
An Inquiry into the Meaning of Money'
Picador, London, 1997
ISBN 0-330-36931-8 (paperback)
A lyrical book, written by a novelist and journalist, that examines the
history of money and our relationship with it. Widely available.
**********************************************************
Dorothy Rowe 'The Real Meaning of Money'
Harper Collins, London, 1997
ISBN 0-025-5329-5 (Also now available in paperback)
An extensive examination of the interaction of individuals and money,
written by a well-known and widely-published psychologist.
**********************************************************
Peter Selby 'Grace and Mortgage:
The Language of Faith and the Debt of the
World'
Darton, Longman and Todd, London, 1997
ISBN 0-232-521700 (Paperback)
Written by the Anglican Bishop of Worcester, this marks an important step
in the Established Church's rediscovery of "Ancient wisdoms."
**********************************************************
Sir Harry Page 'In Restraint of Usury:
The Lending of Money at Interest'
Chartered Institute for Public Finances and Accounts, London, 1985
ISBN 0-85299-2858
Written by a former President of CIPFA and past Treasurer of the City of
Manchester, this small book tells what most other historians leave out -
the first legalisation of usury by Henry VIII in 1545. Sadly now out of
print, this points out the disastrous effect that usury has on providing
quality public services and the resulting misery caused.
**********************************************************
Christopher Hill 'Reformation To Industrial Revolution'
Pelican Economic History, Volume 2: 1530-1780
Penguin, London, 1969.
Although this misses Henry's Act of 1545, it is a first-rate account of
the struggles between Westminister and the City of London: particularly
valuable is Chapter 6 'The Financial Revolution.'
**********************************************************
Bertrand Russell 'A History of Western Philosophy'
Allen and Unwin, London, 1946
Passes the 'U-test' - contains an excellent and concise examination of
usury (via the index.)
***********************************************************
Chris Harman 'Economics of The Madhouse: Capitalism and the
Market Today'
Bookmarks, London, 1995
ISBN 1-898876-03-7 (Paperback)
Good, short, readable account of Marx' insights into the way usury-driven
economics (capitalism!) works - easily recognisable to any who have been in
business.)
***********************************************************
Gary Allen 'None Dare Call It Conspiracy'
Concord Books, Seal Beach, California, 1971
(Also Britons Publishing Co, 1973)
Some-times hair-raising account of the relationships between the banking
communities accross the globe - the Council on Foreign Relations in New
York, the Royal Institute for International Affairs (Chatham House) in
London and so on: the material here has been examined by G William Dommen
'Who Runs America Now' Touchstone Books.
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more xx's
j
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>From: [EMAIL PROTECTED]
>
>Subject: The Global Model, III
>
<snip>
>The thing (in both places) corrupts the natural operation of free markets,
>and has several adverse consequences for the society as a whole:
>
>1, it prices many smaller contributers out of either market.
>
>2, it depresses the effective demand of the whole workforce. This deficiency
>of local purchasing power causes the drive of corporations for foreign
>markets and the drive of national governments for global hegemony.
>
>3, it makes competition among suppliers (corporations or workers) much too
>intense, by making production at any level whatever always in excess of
>current effective demand (real purchasing power). It does this by depressing
>effective demand, not by more efficient production.
>
>4, It changes the slope of each individual corporation's or worker's "supply
>curve" from a positive slope (as shown in every economics textbook I have
>ever read) to a negative slope (as in "increasing returns to scale"). The
>technical effects of this slope change was discussed by my favorite
>economist, Henry Carter Adams, in his1887 monograph, RELATION OF THE STATE TO
>INDUSTRIAL ACTION, by contempory staff members of the Federal Reserve System,
>and is always of interest to students of servo-mechanism theory.
>
<snip>
>better or worse. More than any contemporary religion or ideology, it is the
>common cause of mankind. And its proper application, or neglect, may be
>traced throughout our recorded history, even after that history has been
>fiddled with by Greeks, Romans, or members of Oxford for 2500 years.
>
>Kind regards to all,
>
>WesBurt
>
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