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CHAPTER 10

The Justification for Dominating Economic Life

 

Why is it legitimate for the Money Trust to dominate human economic life? Here's Solomon's answer:

"THE RICH RULETH OVER THE POOR, AND THE BORROWER IS SERVANT TO THE LENDER" [Proverbs 22:7].1

Let's follow Solomonic logic for a moment. As soon as a usurer becomes rich, he ipso facto becomes ruler over the poor -- and his borrowers become his servants. I have shown how the electronic control of human economic life is technically feasible. Now let's put two plus two together. What happens if you marry global usury with global electronic control? If both Solomon and Orwell are right, you "reduce whole populations to servitude."2

But can global usurers get away with Faustian plans to Rule the World through Money? According to Oswald Spengler, No. Why? Because, "[l]ife is alpha and omega."3 In other words, life is everything -- not money. For Spengler, the conflict is "between money and blood"; his chilling conclusion is: life triumphs because "[m]oney is overthrown and abolished by blood" and "[t]he sword is victorious over money."4

Some Biblical and Prophetic Literature on Usury. Prophetic literature warns again and again against usury, and against usurious transaction fees.

  • "Take thou no usury of him: but fear God . . . Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase" [Leviticus 25:36-37].
  • St. Mark told us that when " . . . Jesus went into the temple, and began to cast out them that sold and bought in the temple, and overthrew the tables of the moneychangers . . . the scribes and chief priests . . . sought how they might destroy him . . ." [St. Mark 11:15-18].
  • The Holy Koran issued this warning: "Those that live in usury shall rise up before God like men whom Satan has demented by his touch; for they claim that trading is no different from usury" [The Cow 2:275].

 


1 According to Rev. David Fant, Solomon was the principal writer or compiler of Proverbs; see Rev. David J. Fant, Helps to the Understanding of the Bible, in The Holy Bible, King James Version, 1957, at 14.

2 Orwell's expression; see George Orwell, Nineteen Eighty-Four, 1987 and 1989, at 193.

3 See Oswald Spengler, The Decline of the West (Vol. 1, 1926; Vol. 2, 1928), an abridged edition by Helmut Werner, English abridged edition prepared by Arthur Helps, from the translation by Charles Francis Atkinson, with a Preface by H. Stuart Hughes, 1991, at 414 ("[l]ife is alpha and omega").

4 Ibid., at 414 ("the conflict between money and blood").

  

 

MONEY, THE MARKETPLACE, AND CAPITALISM
SELECTED BIBLICAL, PROPHETIC, AND NON-PROPHETIC LITERATURE

 

THE OLD TESTAMENT1

BORROWERS AS SERVANTS TO LENDERS
"The rich ruleth over the poor, and the borrower is servant to the lender" [Proverbs 22:7].
"Be not thou one of them that strike hands, or of them that are sureties for debts. If thou hast nothing to pay, why should he take away thy bed from under thee?" [Proverbs 22:26-27].

USURY
"Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury . . . " [Deuteronomy 23:20].
"If he beget a son that . . . Hath given forth upon usury, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him" [Ezekiel 18:10-13].

WINNERS AND LOSERS IN THE MARKETPLACE
"I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all" [Ecclesiastes 9:11].

THE NEW TESTAMENT2

DEBTS AND DEBTORS
"Give us this day our daily bred. And forgive us our debts, as we forgive our debtors." [St. Matthew 6:11-12.]
"Render therefore to all their dues . . . Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law." [Romans 13:7-8.]

MONEY AND MONEYCHANGERS
"For the love of money is the root of all evil . . . " [Timothy 6:10].
"And they come to Jerusalem: and Jesus went into the temple, and began to cast out them that sold and bought in the temple, and overthrew the tables of the moneychangers . . . And he taught saying unto them, Is it not written, My house shall be called of all nations the house of prayer? but ye have made it a den of thieves. And the scribes and chief priests . . . sought how they might destroy him..." [St. Mark 11:15-18].

RULES OF CONDUCT
" . . . Do not kill, Do not steal, Do not bear false witness, Defraud not . . . " [St. Mark 10:19].

THE KORAN3

DEVOURING PROPERTY
"Do not devour one another's property by unjust means, nor bribe with it judges in order that you may wrongfully and knowingly usurp the possessions of other men" [The Cow 2:188].
"Give orphans the property which belongs to them. Do not exchange their valuables for worthless things or cheat them of their possessions; for this would surely be a great sin" [Women 4:3-4].

USURY
"Those that live on usury shall rise up before God like men whom Satan has demented by his touch; for they claim that trading is no different from usury. But God has permitted trading and made usury unlawful" [The Cow 2:275].

LOAN TO GOD
"Those that preserve themselves from their own greed will surely prosper. If you give a generous loan to God, He will pay you back twofold and will forgive you." [Cheating 64:16-17].

NON-PROPHETIC LITERATURE

MONEY MANAGERS
"Proof begins with the people who manage money. If anything is evident from its history, it is that the task attracts a very low level of talent . . . Inadequacy is protected further . . . by the fact failure is not always at cost to those responsible."4

MARKETPLACE
" . . . [ W]here the market-place begins, there begins the uproar of the great actors and the buzzing of the poisonous flies."5
"The market-place is full of solemn buffoons . . . They want blood from you in all innocence, their bloodless souls thirst for blood . . . "6

CAPITALISM
"Can capitalism survive? No. I do not think it can..."7
"This process of Creative Destruction is the essential fact about capitalism."8

   
Table 10-1   Money, the Marketplace, and Capitalism: Selected Biblical, Prophetic, and Non-Prophetic Literature

   Sources:
1 The Holy Bible, Authorized King James Version.
2 Ibid.
3 The Koran, translated by N.J. Dawood, 1993 (first published in 1956).
4 J.K. Galbraith, Money, revised ed., 1975, 1995, at 310-319 (Afterword), especially 310.
5 F. Nietzsche, Thus Spoke Zarathustra (1892), translated with an Introduction by R.J. Hollingdale, 1961 and 1969, at 78-81 (Of the Flies of the Market-Place), especially 78.
6 Ibid., at 79 ("solemn buffoons").
7 J.A. Schumpeter, Capitalism, Socialism and Democracy (1942), with an Introduction by Tom Bottomore, 3rd ed., 1942, 1947, 1950, and 1976, at 59-163 (Part 2: Can Capitalism Survive?), especially 61 ("Can capitalism survive? No.")
8 Ibid., at 83 ("Creative Destruction").

[Copyright 1998 by MACROKNOW INC. All rights reserved.]

  

 


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