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“It is not communism that expropriates the peasant’s field, or the merchant’s store, that ruins the small and medium industrialists, helpless to put up with the competition of the trusts.
Tags » Monetary System
Money travels the modern world in disguise. It looks like a convention of human exchange – a commodity like gold or a medium like language. But its history reveals that money is a very different matter. 356 more words
Further reading of Dr Nazeer Ahmed’s insightful history of the Islamic world, and all related developments, brought me to the following piece which touched upon the establishment of the global system of credit, which nowadays drives the global market for capitalism/trade. 940 more words