USURY by HILAIRE BELLOC

A fascinating booklet which looks at the basis of the banking world and a central pillar of Capitalism: usury, the lending of money at interest on unproductive loans.

A fascinating book from a political level, but also from a social level and an economic level.

There is also a brilliantly written introduction from the publishers..

A great booklet - whether your interest is Usury finance, history, politics or economics. 

Belloc was a famous writer on all manner of subjects from history, biographies, economics, religion and poetry.

 With others (G. K. Chesterton, Cecil Chesterton, Arthur Penty) Belloc envisioned the socioeconomic system of Distributism. Belloc was strongly opposed to both capitalism and its alternative socialism. In The Servile State, written after his party-political career had come to end, and other works, Belloc criticized the modern economic order and parliamentary system, advocating distributism in opposition to both capitalism and socialism.

He argued not that Distributism was a new perspective or program of economics but rather a proposed return to the economics that prevailed in Europe for the thousand years when it was Catholic. It has been seen as based on the social teaching of the Roman Catholic Church and the encyclical Rerum Novarum by Pope Leo XIII

This booklet fits in succinctly with his work - and forms an excellent intro to Belloc's views and as an overview of why usury is wrong.

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