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LS (lain@lain.com)'s status on Friday, 13-Oct-2023 09:04:53 JST LS completely baffling that a merchant prophet would be against the imagined crime of usury but oh well -
Caek Islove 🍰 ❤️ (caekislove@gleasonator.com)'s status on Friday, 13-Oct-2023 09:08:09 JST Caek Islove 🍰 ❤️ @lain Usury is bad because you're making money while not doing any real work unlike moving stuff from one place to another and charging the people at your destination more 😂 LS likes this. -
cell (cell@pl.ebin.zone)'s status on Friday, 13-Oct-2023 09:09:02 JST cell @lain i’m just curious how usury became accepted amongst gentiles in the west - wasn’t it considered a sin? -
LS (lain@lain.com)'s status on Friday, 13-Oct-2023 09:09:02 JST LS @cell yeah, aquinas and everyone else was against it, but they didn't understand subjective value so... -
BroDrillard (brodrillard@nicecrew.digital)'s status on Friday, 13-Oct-2023 09:13:33 JST BroDrillard This is a fantastic podcast/vid that explains it. Or you could read Hudson's book.
https://www.youtube.com/watch?v=Hqe3IQQo_t4LS likes this. -
cell (cell@pl.ebin.zone)'s status on Friday, 13-Oct-2023 09:15:24 JST cell @lain yet nowadays sharia banking exists (though how much of it is a sham i will not comment on)
just curious why something similar never developed in europe, everyone just accepted lending with interest as a de facto standardIn conversation permalink LS likes this. -
LS (lain@lain.com)'s status on Friday, 13-Oct-2023 09:16:43 JST LS @cell maybe we really have menger and the other austrians to blame for this, because they were the first to give a coherent account for why interest is natural. In conversation permalink
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