Usury Quotes

Helen dared to look up without being invited to do so. “I cannot thank you enough for your kindness, Lady Consort.” “Kindness had nothing to do with it. You have skills and training I need just now, and I intend to use you shamelessly, and expose you to greater danger.” “Get in line, Lady Consort,” Helen replied. “Danger-filled usury seems to be a holiday pastime in this city.” The Consort stopped pretending to do her needlework. “I could have you whipped for such insolence, girl.” “Before or after you use me.

Whenever human activity is directed exclusively to the service of the instinct for self-preservation it is called theft or usury, robbery or burglary etc

We will go out into the world and plant gardens and orchards to the horizons, we will build roads through the mountains and across the deserts, and terrace the mountains and irrigate the deserts until there will be garden everywhere, and plenty for all, and there will be no more empires or kingdoms, no more caliphs, sultans, emirs, khans, or zamindars, no more kings or queens or princes, no more quadis or mullahs or ulema, no more slavery and no more usury, no more property and no more taxes, no more rich and no more poor, no killing or maiming or torture or execution, no more jailers and no more prisoners, no more generals, soldiers, armies or navies, no more patriarchy, no more caste, no more hunger, no more suffering than what life brings us for being born and having to die, and then we will see for the first time what kind of creatures we really are.

Usury is the cancer of the world, which only the surgeon's knife of fascism can cut out of the life of the nations.

Care for us! True, indeed! They ne'er cared for us yet: suffer us to famish, and their storehouses crammed with grain; make edicts for usury, to support usurers; repeal daily any wholesome act established against the rich, and provide more piercing statutes daily to chain up and restrain the poor. If the wars eat us not up, they will; and there's all the love they bear us.

And this term usury [τóκoς], which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of making money this is the most unnatural.

USURY: Everybody's looking for the job in which you never have to pay anyone their pound of flesh. Self-employed nirvana. A lot of artists like to think of themselves as uncompromising; a lot of management consultants won't tell you what they do until they've sunk five pints. I don't think anybody should give themselves air just because they don't have to hand over a pound of flesh every day at 5pm, and I don't think anyone should beat themselves with broken glass because they do. If you're an artist, well, good for you. Thank your lucky stars every evening and dance in the garden with the fairies. But don't fool yourself that you occupy some kind of higher moral ground. You have to work for that. Writing a few lines, painting a pretty picture - that just won't do it.

In reality, there is no materialist like the artist, asking back from life the double and the wastage and the cost on what he puts out in emotional usury.

The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural.

Alla fine noi siamo 'sta roba qua. Sopravvissuti, imperfetti, pieni di cicatrici che ci siamo fatti tra di noi. Se ci guardi da vicino, ti accorgi che, non si sa come, restiamo attaccati. Siamo tenuti insieme con lo sputo. È così, quando attraversi la vita. Ti usuri. E non puoi più tornare com'eri prima. Ci devi stare. L'importante è che capisci quali sono i pezzi più importanti, quelli di cui non puoi fare a meno, che ti fanno essere quello che sei... E te li tieni stretti.

But this is not a world of free freights. One pays according to an iron schedule--for every strength the balanced weakness; for every high a corresponding low; for every fictitious god-like moment an equivalent time in reptilian slime. For every feat of telescoping long days and weeks of life into mad magnificent instants, one must pay with shortened life, and, oft-times, with savage usury added.

If Congress has the right under the constitution to issue paper money, it was given them to be used by themselves, not to be delegated to individuals or corporations.

Others in the ancient world who denounced usury include Plato, Moses, Muhammad, Aristotle and Buddha. When a line-up like that is in agreement, it is perhaps worth thinking twice about our acceptance of it.

The main substantive achievement of neoliberalization, however, has been to redistribute, rather than to generate, wealth and income. …[T]his was achieved under the rubric of ‘accumulation by dispossession’. By this I mean the continuation and proliferation of accumulation practices which Marx had treated of as ‘primitive’ or ‘original’ during the rise of capitalism. These include the commodification and privatization of land and the forceful expulsion of peasant populations (compare the cases, described above, of Mexico and of China, where 70 million peasants are thought to have been displaced in recent times); conversion of various forms of property rights (common, collective, state, etc.) into exclusive private property rights (most spectacularly represented by China); suppression of rights to the commons; commodification of labour power and the suppression of alternative (indigenous) forms of production and consumption; colonial, neocolonial, and imperial processes of appropriation of assets (including natural resources); monetization of exchange and taxation, particularly of land; the slave trade (which continues particularly in the sex industry); and usury, the national debt and, most devastating of all, the use of the credit system as a radical means of accumulation by dispossession.

Love one another, fathers," the elder taught (as far as Alyosha could recall afterwards). "Love God's people. For we are not holier than those in the world because we have come here and shut ourselves within these walls, but, on the contrary, anyone who comes here, by the very fact that he has come, already knows himself to be worse than all those who are in the world, worse than all on earth...And the longer a monk lives within his walls, the more keenly he must be aware of it. For otherwise he had no reason to come here. But when he knows that he is not only worse than all those in the world, but is also guilty before all people, on behalf of all and for all, for all human sins, the world's and each person's, only then will the goal of our unity be achieved. For you must know, my dear ones, that each of us is undoubtedly guilty on behalf of all and for all on earth, not only because of the common guilt of the world, but personally, each one of us, for all people and for each person on this earth. This knowledge is the crown of the monk's path, and of every man's path on earth. For monks are not a different sort of men, but only such as all men on earth ought also to be. Only then will our hearts be moved to a love that is infinite, universal, and that knows no satiety. Then each of us will be able to gain the whole world by love and wash away the world's sins with his tears...Let each of you keep close company with his heart, let each of you confess to himself untiringly. Do not be afraid of your sin, even when you perceive it, provided you are repentant, but do not place conditions on God. Again I say, do not be proud. Do not be proud before the lowly, do not be proud before the great either. And do not hate those who reject you, disgrace you, revile you, and slander you. Do not hate atheists, teachers of evil, materialists, not even those among them who are wicked, nor those who are good, for many of them are good, especially in our time. Remember them thus in your prayers: save, Lord, those whom there is no one to pray for, save also those who do not want to pray to you. And add at once: it is not in my pride that I pray for it, Lord, for I myself am more vile than all...Love God's people, do not let newcomers draw your flock away, for if in your laziness and disdainful pride, in your self-interest most of all, you fall asleep, they will come from all sides and lead your flock away. Teach the Gospel to the people untiringly...Do not engage in usury...Do not love silver and gold, do not keep it...Believe, and hold fast to the banner. Raise it high...

One thing I’ve learned about grief: it’s like a creditor’s bill. You can put off paying, but it eventually falls due, and exacts usurious interest.

In reality, there is no materialist like the artist, asking back from life the double and the wastage and the cost on what he puts out in emotional usury.

Johnny Cash isn’t king. Not in this inflationary economy. He should have called himself Johnny Gold, but that sounds too full of usury. But Johnny Duckeggs, now THAT sounds kingly.

Of this last kind of comparisons is that quoted from the elder Cato, who, when asked what was the most profitable thing to be done on an estate, replied, “To feed cattle well.” “What second best?” “To feed cattle moderately well.” “What third best?” “To feed cattle, though but poorly.” “What fourth best?” “To plough the land.” And when he who had made these inquiries asked, “What is to be said of making profit by usury?” Cato replied, “What is to be said of making profit by murder?

Melancholy, amorous and barbaric,” these tales exalted adulterous love as the only true kind, while in the real life of the same society adultery was a crime, not to mention a sin. If found out, it dishonored the lady and shamed the husband, a fellow knight. It was understood that he had the right to kill both unfaithful wife and lover. Nothing fits in this canon. The gay, the elevating, the ennobling pursuit is founded upon sin and invites the dishonor it is supposed to avert. Courtly love was a greater tangle of irreconcilables even than usury. It remained artificial, a literary convention, a fantasy (like modern pornography) more for purposes of discussion than for everyday practice.

...the presence of others has become even more intolerable to me, their conversation most of all. Oh, how it all annoys and exasperates me: their attitudes, their manners, their whole way of being! The people of my world, all my unhappy peers, have come to irritate, oppress and sadden me with their noisy and empty chatter, their monstrous and boundless vanity, their even more monstrous egotism, their club gossip... the endless repetition of opinions already formed and judgments already made; the automatic vomiting forth of articles read in those morning papers which are the recognised outlet of the hopeless wilderness of their ideas; the eternal daily meal of overfamiliar cliches concerning racing stables and the stalls of fillies of the human variety... the hutches of the 'petites femmes' - another worn out phrase in the dirty usury of shapeless expression! Oh my contemporaries, my dear contemporaries... Their idiotic self-satisfaction; their fat and full-blown self-sufficiency: the stupid display of their good fortune; the clink of fifty- and a hundred-franc coins forever sounding out their financial prowess, according their own reckoning; their hen-like clucking and their pig-like grunting, as they pronounce the names of certain women; the obesity of their minds, the obscenity of their eyes, and the toneless-ness of their laughter! They are, in truth, handsome puppets of amour, with all the exhausted despondency of their gestures and the slackness of their chic... Chic! A hideous word, which fits their manner like a new glove: as dejected as undertakers' mutes, as full-blown as Falstaff... Oh my contemporaries: the ceusses of my circle, to put it in their own ignoble argot. They have all welcomed the moneylenders into their homes, and have been recruited as their clients, and they have likewise played host to the fat journalists who milk their conversations for the society columns. How I hate them; how I execrate them; how I would love to devour them liver and lights - and how well I understand the Anarchists and their bombs!

What art Thou then, my God? What, but the Lord God? For who is Lord but the Lord?or who is God save our God? Most highest, most good, most potent, most omnipotent; most merciful, yet most just; most hidden, yet most present; most beautiful, yet most strong; stable, yet incomprehensible; unchangeable, yet all-changing; never new, never old; all-renewing, and bringing age upon the proud and they know it not; ever working, ever at rest; still gathering, yet lacking nothing; supporting, filling, and overspreading; creating, nourishing, and maturing; seeking, yet having all things. Thou lovest, without passion; art jealous, without anxiety; repentest, yet grievest not; art angry, yet serene; changest Thy works, Thy purpose unchanged; receivest again what Thou findest, yet didst never lose; never in need, yet rejoicing in gains; never covetous, yet exacting usury. Thous receivest over and above, that Thou may owe; and who hath ought that is not Thine? Thou payest debts, owing nothing; remittest debts, losing nothing. And what have I now said, my God, my life, my holy joy? or what saith any man when he speaks of Thee? Yet woe to he who speaketh not, since mute are even the most eloquent.

The word must have been in the beginning a magic symbol, which the usury of time wore out. The mission of the poet should be to restore to the word, at least in a partial way, its primitive and now secret force. All verse should have two obligations: to communicate a precise instance and to touch us physically, as the presence of the sea does.

Usurious rates of return are deceitful sirens that sing but to lure the unwary upon the rocks of loss and remorse.

Usury is an act of Violence against Art, which is the child of Nature and hence the Grandchild of God. (By

But money doesn’t work in the sense that labor or tangible capital expends effort to produce commodities. Credit is debt, and debt extracts interest. Financial salesmen who promise investors, “Make your money work for you” actually mean that society should work for the creditors — and that means for the banks that create credit. The effect is to turn the economic surplus into a flow of interest payments, diverting revenue from tangible capital investment. As the economy’s reproductive powers are dried up, the financialization process is kept going by easing credit terms and lending — not to produce more goods and services, but to bid up prices for the real estate, stocks and bonds being pledged as collateral for larger and larger loans.

If we are going to create a financial system that works for all Americans, we have got to stop financial institutions from ripping off the American people by charging sky-high interest rates and outrageous fees. In my view, it is unacceptable that Americans are paying a $4 or $5 fee each time they go to the ATM. It is unacceptable that millions of Americans are paying credit card interest rates of 20 or 30 percent. The Bible has a term for this practice. It’s called usury. And in The Divine Comedy, Dante reserved a special place in the Seventh Circle of Hell for those who charged people usurious interest rates. Today, we don’t need the hellfire and the pitch forks, we don’t need the rivers of boiling blood, but we do need a national usury law.

The motivation for taking on debt is to buy assets or claims rising in price. Over the past half-century the aim of financial investment has been less to earn profits on tangible capital investment than to generate “capital” gains (most of which take the form of debt-leveraged land prices, not industrial capital). Annual price gains for property, stocks and bonds far outstrip the reported real estate rents, corporate profits and disposable personal income after paying for essential non-discretionary spending, headed by FIRE [Finance, Insurance, Real Estate]-sector charges.

Since “there is more joy in heaven over one sinner that repenteth than over ninety and nine just persons that need no repentance,” let us give joy to heaven. Heaven will render it back to us with usury.

...the prairie towns no more exist to serve the farmers who are their reason of existence than do the great capitals; they exist to fatten on the farmers, to provide for the townsmen large motors and social preferment; and, unlike the capitals, they do not give to the district in return for usury a stately and permanent center , but only this ragged camp. It is a "parasitic Greek civilization"--minus the civilization.

We are realizing our own inseparability from each other and from the totality of all life. Usury belies this union, for it seeks growth of the separate self at the expense of something external, something other.

Today finds Scotland in an extraordinary muddle. First she was free in body, romantic, cultured, and uncivilised, till her government was taken over by a usurious Kirk, weilding power through superstition. The boor for a century, she was repopularised by Scott, adopted as a plaything by a foreign queen, suffered worse than any nation in the industrial upheaval, and finally left an abortive carcase rotting somewhere to the North of England.

When the existence of the Church is threatened, she is released from the commandments of morality. With unity as the end, the use of every means is sanctified, even deceit, treachery, violence, usury, prison, and death. Because order serves the good of the community, the individual must be sacrificed for the common good. Ludwig von Pastor, History of the Popes, from the Close of the Middle Ages, after Dietrich von Nieheim in De modis uniendiae reformandi ecclesiam, 1410

Usury was seen above all as an assault on Christian charity, on Jesus’s injunction to treat the poor as they would treat the Christ himself, giving without expectation of return and allowing the borrower to decide on recompense (Luke 6:34

We must conclude, in the light of this evidence, that governments now enjoy an unmerited reputation for solving the problems of human rights and discrimination. On the contrary, affirmative action, EPFEW, and various anti‑discrimination initiatives have backfired, harming the very minorities they were supposed to protect. Government programs such as minimum wage laws, anti‑usury codes, rent controls, and zoning legislation have had unforeseen and negative consequences for the minority peoples, who have been among the greatest victims of discrimination.

Nothing but a Thou can be loved and a Thou can exist only for an I. A society in which no one was conscious of himself as a person over against other persons, where none could say 'I love you', would, indeed, be free from selfishness, but not through love. It would be 'unselfish' as a bucket of water is unselfish.

Then let not winter's ragged hand deface,   In thee thy summer, ere thou be distill'd:   Make sweet some vial; treasure thou some place   With beauty's treasure ere it be self-kill'd.   That use is not forbidden usury,   Which happies those that pay the willing loan;   That's for thy self to breed another thee,   Or ten times happier, be it ten for one;   Ten times thy self were happier than thou art,   If ten of thine ten times refigur'd thee:   Then what could death do if thou shouldst depart,   Leaving thee living in posterity?     Be not self-will'd, for thou art much too fair     To be death's conquest and make worms thine heir.

The teeth are made from stern stuff. They can withstand floods, fires, even centuries in the grave. But the teeth are no match for the slow-motion catastrophe that is a life of poverty: its burdens, distractions, diseases, privations, low expectations, transience, the addictive antidotes that offer temporary relief at usurious rates. Others

— Le patron ? Un vrai juif ! Et vous savez, les juifs on ne les changera jamais. Quelle race ! Et il cita des traits étonnants d’avarice, de cette avarice particulière aux fils d’Israël, des économies de dix centimes, des marchandages de cuisinière, des rabais honteux demandés et obtenus, toute une manière d’être d’usurier, de prêteur à gages.

Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create deposits, and with a flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of the bankers and pay the cost of your own slavery, let them continue to create deposits.

Where did the Communists get their support? From the "great majority’"—the poor peasants, ready to die for them. Why? Peasants were not interested in revolution, Marxism, or theories. They wanted peace, rice, parcels of land, relief from their agonies, freedom from crushing debts, usury and taxes, and a chance for their children to learn to read and write.

Contributors and distributors tend to do better at personal branding than takers and fakers.

Once a nation parts with the control of its currency and credit, it matters not who makes that nation's laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile.

In one sense the reemergence of ancient usury bespeaks a decline in faith. Gift exchange is connected to faith because both are disinterested. Faith does not look out. No one by himself controls the cycle of gifts he participates in; each, instead, surrenders to the spirit of the gift in order for it to move. Therefore, the person who gives is a person willing to abandon control. If

What Mr. Rothschild had discovered was the basic principle of power, influence, and control over people as applied to economics. That principle is "when you assume the appearance of power, people soon give it to you." Mr. Rothschild had discovered that currency or deposit loan accounts had the required appearance of power that could be used to INDUCE PEOPLE [WC emphasis] (inductance, with people corresponding to a magnetic field) into surrendering their real wealth in exchange for a promise of greater wealth (instead of real compensation). They would put up real collateral in exchange for a loan of promissory notes. Mr. Rothschild found that he could issue more notes than he had backing for, so long as he had someone's stock of gold as a persuader to show to his customers. Mr. Rothschild loaned his promissory notes to individuals and to governments. These would create overconfidence. Then he would make money scarce, tighten control of the system, and collect the collateral through the obligation of contracts. The cycle was then repeated. These pressures could be used to ignite a war. Then he would control the availability of currency to determine who would win the war. That government which agreed to give him control of its economic system got his support.

I never saw Claben bawled out for his performance, his extortions, yet he was a louse, the worst vile stingy hyena when it came to usury and dishonesty! A skunk when it came to "lend and lease"! Never a day's, a penny's grace...the worst tyrant about extensions...he'd fleece them to zero!...he'd finish off even the most decrepit woebegone wrecks...he'd suck them beyond the bone!...and he'd insult them besides into the bargain!

The need for loans often was so great and so widespread that Italian banks opened branches all across the Continent. Although many bishops, monastic orders and even the Roman hierarchy ignored the ban on usury, opposition to interest lingered. As late as the Second Lateran Council in 1139, the Church ‘declared the unrepentant usurer condemned by the Old and New Testaments alike and, therefore, unworthy of ecclesiastical consolations and Christian burial’.

Companions  asked: “O Messenger of Allah, what are those?” He (Peace and Blessings of Allah be upon him) said, “To associate anything with Allah, sorcery (magic), without any just cause killing a life Allah has forbidden, taking interest (usury), usurping the wealth of orphans, turning back from the battlefield, and making a false charge (accusation) against the chaste but unmindful women (i.e. they never even think of anything touching chastity).” (Bukhari and Muslim)

Charging interest on loans was thus defined as the ‘sin of usury’, and widely condemned in principle while pretty much ignored in actual practice. In fact, as already noted, by late in the ninth century some of the great religious houses ventured into banking and bishops were second only to the nobility in their reliance on borrowed money. In addition to borrowing from monastic orders, many bishops secured loans from private Italian banks that enjoyed the full approval of the Vatican.

The most hated sort of such exchange is . . . usury, which makes a gain out of money itself, and not from its natural use. For money was intended as an instrument of exchange, and not as the mother of interest. This usury (tokos), which means the birth of money from money, . . . is of all modes of gain the most unnatural.”75 Money should not breed. Hence “the discussion of the theory of finance is not unworthy of philosophy; but to be engaged in finance, or in money-making, is unworthy of a free man.

The indignation and rage of the small merchant against the monopolies was given eloquent expression by Luther in his pamphlet “On Trading and Usury,” printed in 1524. “They have all commodities under their control and practice without concealment all the tricks that have been mentioned; they raise and lower prices as they please and oppress and ruin all the small merchants, as the pike the little fish in the water, just as though they were lords over God’s creatures and free from all the laws of faith and love".

Now the whole parable and purpose of these last pages, and indeed of all these pages, is this: to assert that we must instantly begin all over again, and begin at the other end. I begin with a little girl’s hair. That I know is a good thing at any rate. Whatever else is evil, the pride of a good mother in the beauty of her daughter is good. It is one of those adamantine tendernesses which are the touchstones of every age and race. If other things are against it, other things must go down. If landlords and laws and sciences are against it, landlords and laws and sciences must go down. With the red hair of one she–urchin in the gutter I will set fire to all modern civilization. Because a girl should have long hair, she should have clean hair; because she should have clean hair, she should not have an unclean home: because she should not have an unclean home, she should have a free and leisured mother; because she should have a free mother, she should not have an usurious landlord; because there should not be an usurious landlord, there should be a redistribution of property; because there should be a redistribution of property, there shall be a revolution. That little urchin with the gold–red hair, whom I have just watched toddling past my house, she shall not be lopped and lamed and altered; her hair shall not be cut short like a convict’s; no, all the kingdoms of the earth shall be hacked about and mutilated to suit her. She is the human and sacred image; all around her the social fabric shall sway and split and fall; the pillars of society shall be shaken, and the roofs of ages come rushing down, and not one hair of her head shall be harmed.

Retail trade is unnatural,... and a mode by which men gain from one another. The most hated sort of such exchange is... usury, which makes a gain out of money itself, and not from its natural use. For money was intended as an instrument of exchange, and not as the mother of interest. This usury (tokos), which means the birth of money from money,... is of all modes of gain the most unnatural.”42 Money should not breed. Hence “the discussion of the theory of finance is not unworthy of philosophy; but to be engaged in finance, or in money-making, is unworthy of a free man.”43

Farmers in the South, West, and Midwest, however, were still building a major movement to escape from the control of banks and merchants lending them supplies at usurious rates; agricultural cooperatives—cooperative buying of supplies and machinery and marketing of produce—as well as cooperative stores, were the remedy to these conditions of virtual serfdom. While the movement was not dedicated to the formation of worker co-ops, in its own way it was at least as ambitious as the Knights of Labor had been. In the late 1880s and early 1890s it swept through southern and western states like a brushfire, even, in some places, bringing black and white farmers together in a unity of interest. Eventually this Farmers’ Alliance decided it had to enter politics in order to break the power of the banks; it formed a third party, the People’s Party, in 1892. The great depression of 1893 only spurred the movement on, and it won governorships in Kansas and Colorado. But in 1896 its leaders made a terrible strategic blunder in allying themselves with William Jennings Bryan of the Democratic party in his campaign for president. Bryan lost the election, and Populism lost its independent identity. The party fell apart; the Farmers’ Alliance collapsed; the movement died, and many of its cooperative associations disappeared. Thus, once again, the capitalists had managed to stomp out a threat to their rule.171 They were unable to get rid of all agricultural cooperatives, however, even with the help of the Sherman “Anti-Trust” Act of 1890.172 Nor, in fact, did big business desire to combat many of them, for instance the independent co-ops that coordinated buying and selling. Small farmers needed cooperatives in order to survive, whether their co-ops were independent or were affiliated with a movement like the Farmers’ Alliance or the Grange. The independent co-ops, moreover, were not necessarily opposed to the capitalist system, fitting into it quite well by cooperatively buying and selling, marketing, and reducing production costs. By 1921 there were 7374 agricultural co-ops, most of them in regional federations. According to the census of 1919, over 600,000 farmers were engaged in cooperative marketing or purchasing—and these figures did not include the many farmers who obtained insurance, irrigation, telephone, or other business services from cooperatives.173

Speculators, meanwhile, have seized control of the global economy and the levers of political power. They have weakened and emasculated governments to serve their lust for profit. They have turned the press into courtiers, corrupted the courts, and hollowed out public institutions, including universities. They peddle spurious ideologies—neoliberal economics and globalization—to justify their rapacious looting and greed. They create grotesque financial mechanisms, from usurious interest rates on loans to legalized accounting fraud, to plunge citizens into crippling forms of debt peonage. And they have been stealing staggering sums of public funds, such as the $65 billion of mortgage-backed securities and bonds, many of them toxic, that have been unloaded each month on the Federal Reserve in return for cash.21 They feed like parasites off of the state and the resources of the planet. Speculators at megabanks and investment firms such as Goldman Sachs are not, in a strict sense, capitalists. They do not make money from the means of production. Rather, they ignore or rewrite the law—ostensibly put in place to protect the weak from the powerful—to steal from everyone, including their own shareholders. They produce nothing. They make nothing. They only manipulate money. They are no different from the detested speculators who were hanged in the seventeenth century, when speculation was a capital offense. The obscenity of their wealth is matched by their utter lack of concern for the growing numbers of the destitute. In early 2014, the world’s 200 richest people made $13.9 billion, in one day, according to Bloomberg’s billionaires index.22 This hoarding of money by the elites, according to the ruling economic model, is supposed to make us all better off, but in fact the opposite happens when wealth is concentrated in the hands of a few individuals and corporations, as economist Thomas Piketty documents in his book Capital in the Twenty-First Century.23 The rest of us have little or no influence over how we are governed, and our wages stagnate or decline. Underemployment and unemployment become chronic. Social services, from welfare to Social Security, are slashed in the name of austerity. Government, in the hands of speculators, is a protection racket for corporations and a small group of oligarchs. And the longer we play by their rules the more impoverished and oppressed we become. Yet, like

These men always give the same answer-Islam is indestructible because it is founded on simplicity and justice. It has kept those Christian doctrines which are evidently true and which appeal to the common sense of millions, while getting rid of priestcraft, mysteries, sacraments, and all the rest of it. It proclaims and practices human equality. It loves justice and forbids usury. It produces a society in which men are happier and feel their own dignity more than in any other. That is its strength and that is why it still converts people and endures and will perhaps return to power in the near future.

Still more central to his anger and frustration, and lying perhaps at the very roots of his hatred for the capitalist system, was his grotesque incompetence in handling money. As a young man it drove him into the hands of moneylenders at high rates of interest, and a passionate hatred of usury was the real emotional dynamic of his whole moral philosophy. It explains why he devoted so much time and space to the subject, why his entire theory of class is rooted in anti-Semitism, and why he included in Capital a long and violent passage denouncing usury which he culled from one of Luther’s anti-Semitic diatribes.46 Marx

The Labyrinth Zeus himself could not undo the web of stone closing around me, I have forgotten the men I was before; I follow the hated path of monotonous walls that is my destiny. Severe galleries which curve in secret circles to the end of the years. Parapets cracked by the day’s usury. In the pale dust I have discerned signs that frighten me. In the concave evenings the air has carries a roar toward me, or the echo of a desolate howl. I know there is an Other in the shadows, whose fate it is to wear out the long solitudes which weave and unweave this Hades and to long for my blood and devour my death. Each of us seeks the other. If only this were the final day of waiting. - S.K.

During the battle, Spartacus himself tried with frenzied determination, the symbolism of which is obvious, to reach Crassus, who was commanding the Roman legions. He wanted to perish, but in single combat with the man who symbolized, at that moment, every Roman master; it was his dearest wish to die, but in absolute equality. He did not reach Crassus: principles wage war at a distance and the Roman general kept himself apart. Spartacus died, as he wished, but at the hands of mercenaries, slaves like himself, who killed their own freedom with his. In revenge for the one crucified citizen, Crassus crucified thousands of slaves. The six thousand crosses which, after such a just rebellion, staked out the road from Capua to Rome demonstrated to the servile crowd that there is no equality in the world of power and that the masters calculate, at a usurious rate, the price of their own blood.

Treating the cause of high prices and interest rates in low-income neighborhoods as the product of personal greed or exploitation, and attempting to remedy the problem through the imposition of price controls and interest rate caps. , it only ensures that people living in low-income neighborhoods have even less chance of accessing these services in the future. Just as rent control reduces the supply of housing, price and interest rate control can reduce the number of stores, pawn shops, local finance companies, and check-paying agencies willing to operate in costly neighborhoods. higher, when those costs cannot be recovered through legally permitted prices and interest rates. The only alternative for many residents of low-income neighborhoods may end up being to exit the legal market of financial institutions and ask for money from usurious lenders, who set even higher interest rates and have their own collection methods.

It may be remarked in passing that success is an ugly thing. Men are deceived by its false resemblances to merit. To the crowd, success ears almost the features of true mastery, and the greatest dupe of this counterfeit talent is History. Juvenal and Tacitus alone mistrust it. In these days an almost official philosophy has come to dwell in the house of Success, wear its livery, receive callers in its ante-chamber. Success in principle and for its own sake. Prosperity presupposes ability. Win a lottery-prize and you are a clever man. Winners are adulated. To be born with a caul is everything; luck is what matters. Be fortunate and you will be thought great. With a handful of tremendous exceptions which constitute the glory of a century, the popular esteem is singularly short-sighted. Gilt is as good as gold. No harm in being a chance arrival provided you arrive. The populace is an aged Narcissus which worships itself and applauds the commonplace. The tremendous qualities of Moses, an Aeschylus, a Dante, a Michelangelo or a Napoleon are readily ascribed by the multitude to any man, in any sphere, who has got what he set out to get - the notary who becomes a deputy, the hack playwright who produces a mock-Corneille, the eunuch who acquires a harem, the journeyman-general who by accident wins the decisive battle of an epoch. The profiteer who supplies the army of the Sambre-et-Meuse with boot-soles of cardboard and earns himself an income of four hundred thousand a year; the huckster who espouses usury and brings her to bed of seven or eight millions; the preacher who becomes bishop by loudly braying; the bailiff of a great estate who so enriches himself that on retirement he is made Minister of Finance - all this is what men call genius, just as they call a painted face beauty and a richly attired figure majesty. The confound the brilliance of the firmament with the star-shaped footprints of a duck in the mud.

For the laborers as such, there is in these new captains of industry neither love nor hate, neither sympathy nor romance; it is a cold question of dollars and dividends. Under such a system all labor is bound to suffer. Even the white laborers are not yet intelligent, thrifty, and well trained enough to maintain themselves against the powerful inroads of organized capital. The results among them, even, are long hours of toil, low wages, child labor, and lack of protection against usury and cheating. But among the black laborers all this is aggravated, first, by a race prejudice which varies from a doubt and distrust among the best element of whites to a frenzied hatred among the worst; and, secondly, it is aggravated, as I have said before, by the wretched economic heritage of the freedmen from slavery. With this training it is difficult for the freedman to learn to grasp the opportunities already opened to him, and the new opportunities are seldom given him, but go by favor to the whites.

Recognizing how most great fortunes had been built up in predatory ways, through usury, war lending and political insider dealings to grab the Commons and carve out burdensome monopoly privileges led to a popular view of financial magnates, landlords and hereditary ruling elite as parasitic by the 19th century, epitomized by the French anarchist Proudhon’s slogan “Property as theft.” Instead of creating a mutually beneficial symbiosis with the economy of production and consumption, today’s financial parasitism siphons off income needed to invest and grow. Bankers and bondholders desiccate the host economy by extracting revenue to pay interest and dividends. Repaying a loan – amortizing or “killing” it – shrinks the host. Like the word amortization, mortgage (“dead hand” of past claims for payment) contains the root mort, “death.” A financialized economy becomes a mortuary when the host economy becomes a meal for the financial free luncher that takes interest, fees and other charges without contributing to production.

For who is Lord but the Lord? or who is God save our God? [134] Most high, most excellent, most potent, most omnipotent; most piteous and most just; most hidden and most near; most beauteous and most strong, stable, yet contained of none; unchangeable, yet changing all things; never new, never old; making all things new, yet bringing old age upon the proud and they know it not; always working, yet ever at rest; gathering, yet needing nothing; sustaining, pervading, and protecting; creating, nourishing, and developing; seeking, and yet possessing all things. Thou lovest, and burnest not; art jealous, yet free from care; repentest, and hast no sorrow; art angry, yet serene; changest Thy ways, leaving unchanged Thy plans; recoverest what Thou findest, having yet never lost; art never in want, whilst Thou rejoicest in gain; never covetous, though requiring usury. [135] That Thou mayest owe, more than enough is given to Thee; [136] yet who hath anything that is not Thine? Thou payest debts while owing nothing; and when Thou forgivest debts, losest nothing.

What shall we Christians do with this rejected and condemned people, the Jews?’ Luther offered seven actions. First, to set fire to their synagogues and schools . . . Second, I advise that their houses also be razed and destroyed. Third, I advise that all their prayer books and Talmudic writings, in which such idolatry, lies, cursing and blasphemy are taught, be taken from them. Fourth, I advise that their rabbis be forbidden to teach henceforth on pain of loss of life and limb . . . Fifth, I advise that safe-conduct on the highways be abolished completely for Jews. For they have no business in the countryside . . . Sixth, I advise that usury be prohibited to them, and that all cash and treasure of silver and gold be taken from them . . . Seventh, I recommend putting a flail, an axe, a hoe, a spade, a distaff, or a spindle into the hands of young, strong Jews and Jewesses and letting them earn their bread in the sweat of their brow . . . But if we are afraid that they might harm us . . . then let us emulate the common sense of other nations . . . [and] eject them forever from the country.

But to kill men leads to nothing but killing more men. For one principle to triumph, another principle must be overthrown. The city of light of which Spartacus dreamed could only have been built on the ruins of eternal Rome, of its institutions and of its gods. Spartacus’ army marches to lay siege to a Rome paralyzed with fear at the prospect of having to pay for its crimes. At the decisive moment, however, within sight of the sacred walls, the army halts and wavers, as if it were retreating before the principles, the institutions, the city of the gods. When these had been destroyed, what could be put in their place except the brutal desire for justice, the wounded and exacerbated love that until this moment had kept these wretches on their feet.2 In any case, the army retreated without having fought, and then made the curious move of deciding to return to the place where the slave rebellion originated, to retrace the long road of its victories and to return to Sicily. It was as though these outcasts, forever alone and helpless before the great tasks that awaited them and too daunted to assail the heavens, returned to what was purest and most heartening in their history, to the land of their first awakening, where it was easy and right to die. Then began their defeat and martyrdom. Before the last battle, Spartacus crucified a Roman citizen to show his men the fate that was in store for them. During the battle, Spartacus himself tried with frenzied determination, the symbolism of which is obvious, to reach Crassus, who was commanding the Roman legions. He wanted to perish, but in single combat with the man who symbolized, at that moment, every Roman master; it was his dearest wish to die, but in absolute equality. He did not reach Crassus: principles wage war at a distance and the Roman general kept himself apart. Spartacus died, as he wished, but at the hands of mercenaries, slaves like himself, who killed their own freedom with his. In revenge for the one crucified citizen, Crassus crucified thousands of slaves. The six thousand crosses which, after such a just rebellion, staked out the road from Capua to Rome demonstrated to the servile crowd that there is no equality in the world of power and that the masters calculate, at a usurious rate, the price of their own blood.

He looked like an excited sixteen-year-old with his tousled hair and shining eyes. Barbara could not deny she liked him, even though every word he said was repellent to her. With an eloquence that frequently tied itself in knots but was of an unflagging vehemence he explained to her that the faith for which he was fighting was basically revolutionary. 'When the day arrives and our Führer takes over supreme power, then that's the end of capitalism and the economy of the big bosses. The servitude of usury will be abolished. Big banks and stock exchanges that bleed our national economy white can close their doors, and no one will mourn them". Barbara wanted to know why Miklas did not join the Communists if he, like them, was against capitalism. Miklas explained as eagerly as a child reciting a lesson learned by heart. "because the Communists have no patriotism for the fatherland, but are supranational and dependent on Russian Jews. AndCommunists don't know anything about idealism-all Marxists believe that the only purpose in life is money. We want our own revolution-our German, idealistic revolution. Not one that will be directed by Freemasons and the Elders of Zion.

Ohio hadn’t gone through the same real estate boom as the Sun Belt, but the vultures had circled the carcasses of dying industrial towns––Dayton, Toledo, Mansfield, Youngstown, Akron––peddling home equity loans and refinancing. All the garbage that blew up in people’s faces the same way subprime mortgages had. A fleet of nouveau riche snake oil salesmen scoured the state, moving from minority hoods where widowed, churchgoing black ladies on fixed incomes made for easy marks to the white working-class enclaves and then the first-ring suburbs. The foreclosures began to crop up and then turn into fields of fast-moving weeds, reducing whole neighborhoods to abandoned husks or drug pens. Ameriquest, Countrywide, CitiFinancial––all those devious motherfuckers watching the state’s job losses, plant closings, its struggles, its heartache, and figuring out a way to make a buck on people’s desperation. Every city or town in the state had big gangrenous swaths that looked like New Canaan, the same cancer-patient-looking strip mall geography with brightly lit outposts hawking variations on usurious consumer credit. Those entrepreneurs saw the state breaking down like Bill’s truck, and they moved in, looking to sell the last working parts for scrap.

The Libertarian Party platform on which Koch ran in 1980 was unambiguous. It included the following: • We favor the abolition of Medicare and Medicaid programs. • We oppose any compulsory insurance or tax-supported plan to provide health services. . . . • We favor the repeal of the . . . Social Security system. . . . • We oppose all personal and corporate income taxation, including capital gains taxes. • We support the eventual repeal of all taxation. • As an interim measure, all criminal and civil sanctions against tax evasion should be terminated immediately. • We support repeal of all . . . minimum wage laws. . . . • Government ownership, operation, regulation, and subsidy of schools and colleges should be ended. . . . • We support the abolition of the Environmental Protection Agency. . . . • We call for the privatization of the public roads and national highway system. . . . • We advocate the abolition of the Food and Drug Administration. . . . • We oppose all government welfare, relief projects, and “aid to the poor” programs.44 The list went on from there, including ending government oversight of abusive banking practices by ending all usury laws; privatizing our airports, the FAA, Amtrak, and all of our rivers; and shutting down the Post Office.

From Smith's principle that labor is the true measure of price—or, as Warren phrased it, that cost is the proper limit of price—these three men (Josiah Warren, Pierre-Joseph Proudhon and Karl Marx) made the following deductions: that the natural wage of labor is its product; that this wage, or product, is the only just source of income (leaving out, of course, gift, inheritance, etc.); that all who derive income from any other source abstract it directly or indirectly from the natural and just wage of labor; that this abstracting process generally takes one of three forms, interest, rent, and profit; that these three constitute the trinity of usury, and are simply different methods of levying tribute for the use of capital; that, capital being simply stored-up labor which has already received its pay in full, its use ought to be gratuitous, on the principle that labor is the only basis of price; that the lender of capital is entitled to its return intact, and nothing more; that the only reason why the banker, the stockholder, the landlord, the manufacturer, and the merchant are able to exact usury from labor lies in the fact that they are backed by legal privilege, or monopoly; and that the only way to secure to labor the enjoyment of its entire product, or natural wage, is to strike down monopoly.

One might think that Protestants, who had been persecuted so viciously for their heresies against Catholic doctrines, would take a dim view of the idea of persecuting heretics, but no. In his 65,000-word treatise On the Jews and Their Lies, Martin Luther offered the following advice on what Christians should do with this “rejected and condemned people”: First, . . . set fire to their synagogues or schools and . . . bury and cover with dirt whatever will not burn, so that no man will ever again see a stone or cinder of them.... Second, I advise that their houses also be razed and destroyed.... Third, I advise that all their prayer books and Talmudic writings, in which such idolatry, lies, cursing, and blasphemy are taught, be taken from them.... Fourth, I advise that their rabbis be forbidden to teach henceforth on pain of loss of life and limb.... Fifth, I advise that safe-conduct on the highways be abolished completely for the Jews.... Sixth, I advise that usury be prohibited to them, and that all cash and treasure of silver and gold be taken from them and put aside for safekeeping. Seventh, I recommend putting a flail, an ax, a hoe, a spade, a distaff, or a spindle into the hands of young, strong Jews and Jewesses and letting them earn their bread in the sweat of their brow, as was imposed on the children of Adam (Gen. 3[:19]). For it is not fitting that they should let us accursed Goyim toil in the sweat of our faces while they, the holy people, idle away their time behind the stove, feasting and farting, and on top of all, boasting blasphemously of their lordship over the Christians by means of our sweat. Let us emulate the common sense of other nations . . . [and] eject them forever from the country.35 At

Everything and Nothing* There was no one inside him; behind his face (which even in the bad paintings of the time resembles no other) and his words (which were multitudinous, and of a fantastical and agitated turn) there was no more than a slight chill, a dream someone had failed to dream. At first he thought that everyone was like him, but the surprise and bewilderment of an acquaintance to whom he began to describe that hollowness showed him his error, and also let him know, forever after, that an individual ought not to differ from its species. He thought at one point that books might hold some remedy for his condition, and so he learned the "little Latin and less Greek" that a contemporary would later mention. Then he reflected that what he was looking for might be found in the performance of an elemental ritual of humanity, and so he allowed himself to be initiated by Anne Hathaway one long evening in June. At twenty-something he went off to London. Instinctively, he had already trained himself to the habit of feigning that he was somebody, so that his "nobodiness" might not be discovered. In London he found the calling he had been predestined to; he became an actor, that person who stands upon a stage and plays at being another person, for an audience of people who play at taking him for that person. The work of a thespian held out a remarkable happiness to him—the first, perhaps, he had ever known; but when the last line was delivered and the last dead man applauded off the stage, the hated taste of unreality would assail him. He would cease being Ferrex or Tamerlane and return to being nobody. Haunted, hounded, he began imagining other heroes, other tragic fables. Thus while his body, in whorehouses and taverns around London, lived its life as body, the soul that lived inside it would be Cassar, who ignores the admonition of the sibyl, and Juliet, who hates the lark, and Macbeth, who speaks on the moor with the witches who are also the Fates, the Three Weird Sisters. No one was as many men as that man—that man whose repertoire, like that of the Egyptian Proteus, was all the appearances of being. From time to time he would leave a confession in one corner or another of the work, certain that it would not be deciphered; Richard says that inside himself, he plays the part of many, and Iago says, with curious words, I am not what I am. The fundamental identity of living, dreaming, and performing inspired him to famous passages. For twenty years he inhabited that guided and directed hallucination, but one morning he was overwhelmed with the surfeit and horror of being so many kings that die by the sword and so many unrequited lovers who come together, separate, and melodiously expire. That very day, he decided to sell his theater. Within a week he had returned to his birthplace, where he recovered the trees and the river of his childhood and did not associate them with those others, fabled with mythological allusion and Latin words, that his muse had celebrated. He had to be somebody; he became a retired businessman who'd made a fortune and had an interest in loans, lawsuits, and petty usury. It was in that role that he dictated the arid last will and testament that we know today, from which he deliberately banished every trace of sentiment or literature. Friends from London would visit his re-treat, and he would once again play the role of poet for them. History adds that before or after he died, he discovered himself standing before God, and said to Him: I , who have been so many men in vain, wish to be one, to be myself. God's voice answered him out of a whirlwind: I, too, am not I; I dreamed the world as you, Shakespeare, dreamed your own work, and among the forms of my dream are you, who like me, are many, yet no one.

[on interest from loans] Now that I have loaned you them (100 gulden), you cause me a double loss due to my not being able to pay on the one hand nor buy on the other, so that I have to lose on both sides, and this is called duplex interesse, damni emergentis et lucri cessantis.... on hearing that John sustained losses on his loan of 100 gulden and demands just damages, they rush in and charge double on every 100 gulden, such double reimbursement, namely, for the loss due to non-payment and to inability to make a profit on a bargain, just as though these 100 gulden had the double loss grown on to them, so that whenever they have 100 gulden, they loan them out and charge for two losses, which they have not at all sustained... Therefore you are a usurer, who takes damages out of his neighbour's money for an imaginary loss that you did not sustain at all, and which you can neither prove nor calculate. This sort of loss is called by the jurists non verum, sed phantasticum interesse. It is a loss which each conjures up for himself... It will not do to say, therefore, that there could have been losses because I could not have been able to pay or buy. Else it would mean ex contingente necessarium, which is making something out of a thing that is not, and a thing that is uncertain into a thing that is absolutely sure. Would not such usury devour the world in a few years? ... If an unhappy accident befalls him against his will, and he must recover from it, he may demand damages for it, but it is different in trade and just the reverse. There they scheme to profit at the expense of their needy neighbours, how to amass wealth and get rich, to be lazy and idle and live in luxury on the labour of others, without any care, danger, and loss. To sit by the stove and let my 100 gulden gather wealth for me in the country and yet keep them in my pocket, because they are only loaned, without any danger or risk; my friend, who would not like that?

Être aimé d'une jeune fille chaste, lui révéler le premier cet étrange mystère de l'amour, certes, c'est une grande félicité, mais c'est la chose du monde la plus simple. S'emparer d'un cœur qui n'a pas l'habitude des attaques, c'est entrer dans une ville ouverte et sans garnison. L'éducation, le sentiment des devoirs et la famille sont de très fortes sentinelles ; mais il n'y a sentinelles si vigilantes que ne trompe une fille de seize ans, à qui, par la voix de l'homme qu'elle aime, la nature donne ses premiers conseils d'amour qui sont d'autant plus ardents qu'ils paraissent plus purs. Plus la jeune fille croit au bien, plus elle s'abandonne facilement, sinon à l'amant, du moins à l'amour, car étant sans défiance, elle est sans force, et se faire aimer d'elle est un triomphe que tout homme de vingt-cinq ans pourra se donner quand il voudra. Et cela est si vrai que voyez comme on entoure les jeunes filles de surveillance et de remparts ! Les couvents n'ont pas de murs assez hauts, les mères de serrures assez fortes, la religion de devoirs assez continus pour renfermer tous ces charmants oiseaux dans leur cage, sur laquelle on ne se donne même pas la peine de jeter des fleurs. Aussi comme elles doivent désirer ce monde qu'on leur cache, comme elles doivent croire qu'il est tentant, comme elles doivent écouter la première voix qui, à travers les barreaux, vient leur en raconter les secrets, et bénir la main qui lève, la première, un coin du voile mystérieux. Mais être réellement aimé d'une courtisane, c'est une victoire bien autrement difficile. Chez elles, le corps a usé l'âme, les sens ont brûlé le cœur, la débauche a cuirassé les sentiments. Les mots qu'on leur dit, elles les savent depuis longtemps ; les moyens que l'on emploie, elles les connaissent, l'amour même qu'elles inspirent, elles l'ont vendu. Elles aiment par métier et non par entraînement. Elles sont mieux gardées par leurs calculs qu'une vierge par sa mère et son couvent ; aussi ont-elles inventé le mot caprice pour ces amours sans trafic qu'elles se donnent de temps en temps comme repos, comme excuse, ou comme consolation ; semblables à ces usuriers qui rançonnent mille individus, et qui croient tout racheter en prêtant un jour vingt francs à quelque pauvre diable qui meurt de faim, sans exiger d'intérêt et sans lui demander de reçu. Puis, quand Dieu permet l'amour à une courtisane, cet amour, qui semble d'abord un pardon, devient presque toujours pour elle un châtiment. Il n'y a pas d'absolution sans pénitence. Quand une créature, qui a tout son passé à se reprocher, se sent tout à coup prise d'un amour profond, sincère, irrésistible, dont elle ne se fût jamais crue capable ; quand elle a avoué cet amour, comme l'homme aimé ainsi la domine ! Comme il se sent fort avec ce droit cruel de lui dire : « vous ne faites pas plus pour de l'amour que vous n'avez fait pour de l'argent. » Alors elles ne savent quelles preuves donner. Un enfant, raconte la fable, après s'être longtemps amusé dans un champ à crier : « au secours ! » Pour déranger des travailleurs, fut dévoré un jour par un ours, sans que ceux qu'il avait trompés si souvent crussent cette fois aux cris réels qu'il poussait. Il en est de même de ces malheureuses filles, quand elles aiment sérieusement. Elles ont menti tant de fois qu'on ne veut plus les croire, et elles sont, au milieu de leurs remords, dévorées par leur amour. De là, ces grands dévouements, ces austères retraites dont quelques-unes ont donné l'exemple. Mais, quand l'homme qui inspire cet amour rédempteur a l'âme assez généreuse pour l'accepter sans se souvenir du passé, quand il s'y abandonne, quand il aime enfin, comme il est aimé, cet homme épuise d'un coup toutes les émotions terrestres, et après cet amour son cœur sera fermé à tout autre.

Commercial “silver” debts among traders and other entrepreneurs were not subject to these debt jubilees. Rulers recognized that productive business loans provide resources for the borrower to pay back with interest, in contrast to consumer debt. This was the contrast that medieval Schoolmen later would draw between interest and usury.

When money is lent on a contract to receive … [there is] an increase by way of compensation for the use; which is generally called interest by those who think it lawful, and usury by those who do not. Sir William Blackstone, Commentaries on the Laws of England, 1765

The idea that time has value resurfaces in a polemic penned by the Englishman Thomas Wilson, an Elizabethan diplomat and judge. In his Discourse Upon Usury (1572) Wilson likens the usurer to ‘hel unsaciable, the sea raging, a cur dog, a blind moul, a venomus spider, and a bottomles sacke, whereby you may well be assured that the dyvell dwelleth tabernacled in such a monstre’.46 Usury, says Wilson, is as great an event as murder, adultery and theft; usurers devour whole kingdoms and deserve nothing better than death. Wilson’s ideas were hopelessly old-fashioned by this date – indeed, between the writing and publication of his Discourse, usury in England was legalized (by Queen Elizabeth’s Statute of 1571).

A psalm of David: (1) ADONAI, who can rest in your tent? Who can live on your holy mountain? 2 Those who live a blameless life, who behave uprightly, who speak truth from their hearts 3 and keep their tongues from slander; who never do harm to others or seek to discredit neighbors; 4 who look with scorn on the vile, but honor those who fear ADONAI, who hold to an oath, no matter the cost; 5 who refuse usury when they lend money and refuse a bribe to damage the innocent. Those who do these things never will be moved.

the deregulation of the banking sector in the 1980s ushered the money changers back into the temple by removing strict usury limits.

MONOPOLIES, LIKE USURY, were illegal under Church law. Because unnatural. God had given the natural world to all mankind, not to a chosen few. Denying people liberty and keeping prices artificially high, monopolies were obviously a form of stealing and could only lead to perdition.

All factors of production operate in concrete specific ways to produce use values. Tropical soils grow mangoes. Carpenters work wood. Precision lathes fashion metal tools. But in capitalist economies the essential object is not production of use values for consumption. It is production of goods as value objects for the abstract social goal of value augmentation or profit making. Capitalist value augmentation, in other words, requires a factor of production that has both a concrete specific and abstract general aspect. That factor of production is human labor power. Only it can be shifted from one concrete specific form of production to another: Or, alternatively, rendered indifferent to production of specific use values in favor of producing any good as a vehicle for value augmentation. Labor power cannot be rendered indifferent to production of specific use values unless it is “freed” from access to its means of livelihood and extra-economic social relations confining it to task and/or place. Capital, in other words, requires the conversion of the direct producers into a proletarian class. This is its sine qua non.

When we use concepts such as the commodification of labor power and the real subsumption of the labor and production process by capital it is with respect to the wholesale transformation of socioeconomic relations that the foregoing entails. The commodification of labor power involves the effective separation of the direct producers from the means of production and livelihood. These means of production are then concentrated in agriculture in the hands of landlords and capitalist farmers and in industry in the hands of the industrial capitalist class. The working class, whether in agriculture or in industry, gains access to the product of their necessary labor only indirectly through the wages they receive. They must then purchase the full spectrum of goods required to sustain their livelihood, and reproduction as a class, in the impersonal cash nexus of the capitalist market. The capitalist market itself is populated by small independent businesses across a division of labor in producer goods, consumer goods and agricultural. The rise of the mechanized cotton industry in Britain thus heralds the first historical embodiment of paradigmatic industrial capital.

Because a girl should have long hair, she should have clean hair; because she should have clean hair, she should not have an unclean home; because she should not have an unclean home, she should have a free and leisured mother; because she should have a free mother, she should not have an usurious landlord; because there should not be a usurious landlord, there should be a redistribution of property; because there should be a redistribution of property, there shall be a revolution.

However, once safety produces enough prosperity, or as he puts it ‘stored energy’,[26] the civilisational process centralises and gives way to a different type of spirit marked by money-making, usury, and, above all, greed. This increased centralisation exhausts energy rather than accumulates it, and once that energy is all used up, the husk that is left can no longer sustain the civilisation and so collapse and a return to barbarism beckons.

Capitalism and its logic, however, are attuned to material goods production-centered activities where close to half of working age people are employed in manufacturing related activity. Current employment profiles of advanced economies do not look very capitalist. And these profiles run too much interference on capitalist logic as we will see.

The historical antecedent of neoclassical economics is what Marx referred to as “classical” political economy. Classical theorists like Adam Smith and David Ricardo were very much mouthpieces for the ascendant bourgeois class. This is not to say that their explorations of the political economy of the day did not produce important knowledge upon which critics like Marx built. After all, it was only after Smith and Ricardo that Marx began referring to “vulgar” economics. The problem resided in their bourgeois class blind faith that pursuit of abstract mercantile wealth in impersonal markets was somehow the “natural” way of organizing human material affairs. With bourgeois tinted glasses coloring their vision, so to speak, classical political economy began to read all human history in bourgeois terms.

there is consensus among critical economists that the most glorious period or “golden age” of capitalism which began in the 1950s (for those living advanced states at least) fell into crisis by the late 1970s.4 And, it was on the road from there to the 21st century that untoward things started to happen. First, advanced economies including Britain, the US, major European (EU) states, built prosperity across the 20th century around expansion and sophistication of their industrial production systems and rising real and social wages for the mass workforces that operated them. Yet, by the time the century came to a close, these industrial production systems had been sliced and diced with their components disarticulated across the globe. Parallel to this slicing and dicing of industries the decently paid jobs of the industrial mass workforce vaporized.

In precapitalist feudal societies agriculture employed around 80 percent of the population, basic manufactures about 10 percent and services 10 percent. Capitalist economies were marked by industry and manufacturing which, on average, employed 40 to 50 percent of total labor forces in advanced states. Agriculture employed around 20 percent and services the remainder. At the dawn of the 21st century, manufacturing in the US employed around 20 percent of the workforce, agriculture less, with services reaching over 75 percent of all employment.

Such glaring trends are precisely what Marx understood by the conditions of possibility for capitalism being outstripped by history. As expressed in his iconic Preface, at some point in history the forces of production (existing technologies and related production and energy accouterment) will come into conflict with relations of production (existing social relations of ownership and work) to initiate a period of social and economic tumult until humanity hopefully manages to socioeconomically reconfigure its world.

When merchants intervened between producers and consumers, pricing became increasingly “irrational” from the perspective of feudal interpersonal socioeconomic relations. The “measure” of costs in feudal society was always “geared . . . to preserving a traditional way of life”.48 But merchants sought to buy cheap and sell dear. What drove their trading had little to do with “traditional” life. Rather their pursuit was abstract mercantile wealth. Hence, they strived to circumvent guild production wherever possible to garner the greatest profits. It is precisely this kind of deviation from expectations that everything in feudal society should have a “just price” that factored into Christian inveighing against usury as the money economy of trade and abstract exchange struck hard at peasant life.

The bedrock source of ancient condemnations of usury is Deuteronomy in the Old Testament of the Christian Bible. Bracketing here translation disputes, Deuteronomy holds: “Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of anything that is lent upon usury”. Yet, it continues, “Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not”. This so-called “Deuteronomic double standard” became a contentious point in the feudal era. It was used to justify lending practices of particular ethnic and social groups such as the Jews and Lombards. A second point of dispute also arose. This was the differentiation between usury and interest.50

The bedrock source of ancient condemnations of usury is Deuteronomy in the Old Testament of the Christian Bible. Bracketing here translation disputes, Deuteronomy holds: “Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of anything that is lent upon usury”. Yet, it continues, “Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not”. This so-called “Deuteronomic double standard” became a contentious point in the feudal era. It was used to justify lending practices of particular ethnic and social groups such as the Jews and Lombards. A second point of dispute also arose. This was the differentiation between usury and interest.50 For Christian purists, of course, humanity is all one. To justify charging interest to Christians or others amounts to turning the world’s population into “strangers” which is tantamount to endorsing Thomas Hobbes “war of all against all” as the human condition. Similarly, usura in its formative incantation is simply paying for the use of money. There is thus no difference between usury and interest.

Dante, in The Inferno, “places usurers in the third ring of the seventh circle, a place worse than the one reserved for blasphemers and sodomites”.69 Worldly repayment possibilities for “time” also existed, however. The cathedral of Notre Dame in Paris was built by funds donated to the church by a wealthy usurer who was urged to do so by the bishop of Paris as a means of saving his soul.

Marx’s central question was: how can a society that converts interpersonal material relations into impersonal relations among things, and reproduces economic life for the abstract purpose of value augmentation or profit making, simultaneously meet general norms of economic life as a byproduct? This is the question seeking the “logic” or “method” of capitalist madness in our earlier words. All other questions of the march of capitalism in human history, its process of becoming, and the conditions of its historical transitoriness, hinge on that. And answering it is systemically threatening because, firstly, it reveals what bourgeois economic thought from its inception in classical political economy has fought to conceal: that capitalism is not a natural order but a historically transient society. And secondly, it shows that capitalism is not just an asymmetrically wealth distributive, exploitative, alienating, crisis ridden society. Rather, it is an “upside-down”, “alien” order (as Marx put it), which reproduces human material existence as a byproduct of its “extra-human” goal of augmenting abstract, quantitative value – or profit making.

if the European Jews are “in fact” the Real Jews of the Bible, according to the “Law of Moses” from the God of Israel, the Jews should be receiving the “Curses of Israel” for breaking God’s commandments in regards to “usury” as listed in the Torah.  But they are not receiving any “Curses”.

there is no equality in the world of power and that the masters calculate, at a usurious rate, the price of their own blood.

In acquiring new productive forces men change their mode of production; and in changing their mode of production, in changing the way of earning their living, they change all their social relations. The hand-mill gives you society with the feudal lord; the steam-mill, society with the industrial capitalist.

It is recorded in the two Sahihs that the Prophet, God grant him blessing and peace, said: “Shun the seven destroyers.’’ They said, “What are they?’’ He said, “Ascribing partners to God, sorcery, killing a soul that God has forbidden except justly, consuming usury, consuming an orphan’s property, fleeing from the battlefield, and slandering chaste, innocent believing women.

Usury is the real devil of this world, the rest is imaginary phenomenon.

Renaissance writers deplored the quality of the provincial grammar schools—generally one-room schoolhouses in which all levels were taught by a single schoolmaster, and writing materials were so “scarce and expensive” that Latin grammar was instilled by recitation and the rod. If he did attend, it probably wasn’t for long. In the 1570s, his father was prosecuted for usury and illegal dealing in wool. By 1576, when William was thirteen, John Shakespeare withdrew from public life. It is suspected that he either fell into debt or lowered his profile to continue pursuing his illegal wool-dealing.