Thursday, February 28, 2019

Notes on the Philosophy of Money and Banking


Money as a Flawed Technology 

Is money a thing(commodity) or is it an agreement(IOU)?

How does the use of different kinds of money affect the moral relationships between people?

Can morality be defined economically in terms of debt, what we owe each other?

Are we ethically-obligated to pay back our debts?

Is there an essential systemic connection between monetary systems and violence?

What is usury, and is it a sin?

Is global debt peonage a justifiable result of monetary systems or an ethical abomination?

Should commercial banks have the power to issue new money?

Should the FED be nationalized?

Should there be a global debt jubilee?


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10/16 Philosophy of Money and Banking

Texts for this class (1)  HR6550 Bill to Reform the Banking Industry (2)  "Beyond Greed & Scarcity: An Interview with Be...