Unleashing Usury: How Finance Opened the Door for Capitalism Then Swallowed It Whole

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Unleashing Usury: How Finance Opened the Door for Capitalism Then Swallowed It Whole

“ Unleashing Usury is a must read for those concerned about the increasing financialization of the global economy. ‘Usury’ got its deeply negative connotations in the Middle Ages, when Christianity viewed it as out and out evil. Westra argues that this was not simply some kind of naive bias on the part of Christianity, since the dog-eat-dog trends of usury did play a role in undermining medieval civilization. In this book he presents forceful arguments backed by strong historical evidence to demonstrate that the capitalist financialization we are now experiencing is far worse than the medieval breed of usury. This is because of the extent to which the unleashing of usury has penetrated global life with deep wounds, wounds that because of their depth and breadth will be difficult to heal.” ROBERT ALBRITTON, Professor Emeritus, York University

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