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How much can we attribute to the financialization of capitalism? I think it's the driving force. Some historical societies have recognized paying interest on ca
by ldbooth 6y ago
How much can we attribute to the financialization of capitalism? I think it's the driving force. Some historical societies have recognized paying interest on capital at every level of the value stack creates an anti-competitive costs of production. Maybe they just didn't like creditors.
- gher-shyu3i 6y agoIslam prohibits dealing with interest, yet that didn't stop the incredible progress and flourishing during the Islamic Golden Age. Interest is immoral and parasitic, there are other ways which aren't to achieve progress.