[Marxism] RE: [historiansagainstwar] Usury & Islamic Law:anticapitalist?

Paul H. Dillon illonph at pacbell.net
Tue May 11 22:17:06 MDT 2004

  An excellent book that documents the ideo-economic transformations that
lead to interest (and Martin Luther's role in it) is "The Gift" by  Lewis
Hyde. Great read in itself as well as very good social history.

  Paul Dillon

  ----- Original Message ----- 
  From: "Mark Lause" <MLause at cinci.rr.com>
  To: <historiansagainstwar at yahoogroups.com>
  Cc: <marxism at lists.econ.utah.edu>; <Newurban2g3 at aol.com>
  Sent: Tuesday, May 11, 2004 5:13 AM
  Subject: [Marxism] RE: [historiansagainstwar] Usury & Islamic

  > To Douglas L. Vaughan's comments on this, it should be added that
  > Protestant assumptions about a personal salvation and its frequent
  > expectation of a secular manifestations of that salvation was
  > incompatible with the medieval sanction on usury.  The Catholic
  > Counterreformation in Europe brought the old church into line with the
  > Protestants.  Thereafter, Christian Europe (like the Islamic elites)
  > became ardent practitioners of a previously sanctioned "usury," and
  > reserved the term as an epithet for use against the competition.
  > There are analogies, I suppose, in the ability of modern states to
  > practice terrorism, torture, hostage-taking, etc. while reserving the
  > use of these words for the fervently denounced practice of the
  > competition.
  > Solidarity!
  > Mark L.
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