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OverviewMoney 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 hiding the real workings of modern money and banking systems and injustices ingrained in them. By asking what money really is, who controls it and for what purpose (why), the book provides insight into understanding of modern money and banking systems, as well as the causes of growing financialization of economies throughout the world, money manias and economic instability. The book also increases the awareness of injustices hidden in the workings of modern money and banking systems and the need for moral underpinnings of such systems. Finally, it suggests a money system which could immensely improve human, economic, and ecological conditions. Full Product DetailsAuthor: Leszek Niewdana (Fu Gen Catholic University, Taiwan, R.O.C.)Publisher: Taylor & Francis Ltd Imprint: Routledge Dimensions: Width: 15.60cm , Height: 2.50cm , Length: 23.40cm Weight: 0.453kg ISBN: 9781138785885ISBN 10: 1138785881 Pages: 220 Publication Date: 12 February 2015 Audience: College/higher education , Tertiary & Higher Education , Undergraduate Format: Hardback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of Contents1. Introduction 2. Crisis of Fantasy Prosperity based on Debt 3. Usury Prohibition – an Ancient Principle of Financial Dealings 4. The Scholastic Theory of Usury and its Ultimate Marginalization 5. Abuse of Money Power 6. Debt Money and Institutionalization of Usury 7. The Myth of Money as Government Creation 8. Moral Confusion over Debt 9. Injustice in the Debt Money System 10. In Search of SolutionsReviewsAuthor InformationLeszek Niewdana, a Catholic priest from Poland, teaches mainly business ethics in the College of Management at Fu Jen Catholic University in Taiwan. He holds an MBA degree from the University of Southampton and a PhD in Christian Ethics from Heythrop College, University of London, England. Following the 2007-2009 financial tsunami, his interests have increasingly focused on ethical issues in financial and monetary systems. . Tab Content 6Author Website:Countries AvailableAll regions |
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