Leszek Niewdana
eBook, ePUB

Money and Justice (eBook, ePUB)

A critique of modern money and banking systems from the perspective of Aristotelian and Scholastic thoughts

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Money has always represented power. For Aristotle, this power was inseparable from the exercise of justice within a community. This is why issuance of money was the prerogative of the lawful authority (government). Such a view of monetary power was widespread, and includes societies as distant as China. Over the past several centuries, however, private interests increasingly tapped into the exercise of the money power. Through gradual shifts, commercial banks have gained a legally protected right to create money through issuance of debts. The aim of this book is to unravel various layers hidin...

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