Jacob Jefferson

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In all civilizations, the fact that the owners of capital claim a substantial share of national income without working and that the rate of return on capital is generally 4–5 percent a year has provoked vehement, often indignant, reactions as well as a variety of political responses. One of the most common of the latter has been the prohibition of usury, which we find in one form or another in most religious traditions, including those of Christianity and Islam.
Capital in the Twenty-First Century
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