COG

Monetary Reform Discussion


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Re: MONETARY: Usury is a problem, a binary response



At 02:05 PM 10/23/2002 -0600, Dan Parker wrote:
... the realpolitik issues would seem to demand
>a creative approach, to bring pressure to bear on the current
>system.  This would include ventures which are profitable only
>because of connections, and which, beyond this, are actually
>destroying wealth under a backwards wealth measurement
>system GDP.
>
>But the first things first would seem to assess what arguments
>the super-elite would have against the ideas.
>
>I would say the first part of this is to look at the possible
>psychological underlays, before looking at the specifics
>of any contrary arguments.

Yes, the issue of dominance and of power via wealth is a critical one.
Furthermore, it seems to have been consistently ignored or put aside by
Kelso and Adler, and by current authors of binary economics treatises. (I
have treated the subject at some length in a two-part paper recently
"shelved" in the COG Library. The title is "Utopian Philosopher of the
Twentieth Century: Mortimer J. Adler and the Perfecting of Liberal
Democracy".)

Do you mean to imply that Social Credit avoids the problem?

Keith Wilde
Canada Pension Plan
Ottawa
kwilde@ca.inter.net
613 990-8125