JAH - Virtue signalling or real talk

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Virtue signalling or real talk

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Messenger: Geez Che

Sent: 6/6/2020 12:17:52 AM

I am wondering what people think about usury, the charging of interest.

From Marxian economics I understand that you cannot make a profit by employing other people without charging interest.

Many spiritual people speak out against usury.

Does it mean that we should never profit from anything other than our own works?

If everyone lived that way then we would be living Communism.

But in reality, people always charge interest, even if it is to mother Earth.

Look at how the flower uses the bee.

We should strive not to charge interest, just as we should strive not to be violent, but we must recognise it as an ideal.

Yet what interest does the sun charge?

Give thanks

Messenger: patsm00re18

Sent: 6/16/2020 1:02:18 AM

Virtue signalling is an insulting neologism for the obvious articulation of virtues as like as pixel gun 3d. It is gotten from the idea of motioning in developmental science. Goodness flagging has been gotten out for its supposed false reverence. Be that as it may, is it honkai impact 3, truth be told, a genuine indication of profound quality? ... Open good talk intends to get others to see an ethical issue they hadn't saw previously, as well as to take care of business.

Messenger: lawrencesanchez

Sent: 6/16/2020 1:13:42 AM

Marxian model of an economy is a socio, political, economic roof supported by pillars of production, distribution, consumption, and investment. Marxian economics is mainstream economics. The most economic study which takes economics to be more than simply quantitative system making - that is to say, economists who are interested in society and outcomes - tend to be au fait with Marx and comfortable about his ideas. While considering an online Clazwork , assess the creator's accreditations in regards to the topic. An all-around contended paper will display a contention from a specialist who supports your contention; additionally include another voice that contends against your postulation.

Messenger: IPXninja

Sent: 6/16/2020 9:51:37 AM

usury isn't just interest. It's high interest.

Think about it this way. If you have really good credit the bank may charge you around 3% interest on your house. If they weren't earning interest they would have no motivation to loan you money at all. And imagine a world in which, by the time you could afford a home straight cash you were in your 50s or 60s.

In the bible, the Israelites were allowed to charge usury (high interest) to foreigners but not to their fellow Israelites because they understood economics. At the same time, they mostly worked off a system where their money was that which they produced from their land. And even a portion of their land was supposed to be set aside for the poor. Or... you could basically work for someone and at the end of your service you would walk away with cattle or whatever so that you could purchase your own land and establish yourself.

But loaning money always carries the risk that the person wont pay you back. That risk is compensated in the form of interest. That's why our modern credit score is basically a risk detection and analysis system. The lower the risk the lower the interest rate. This also protects against usury because people who deserve to get good interest rates have consumer protections. If you're going to a loan shark or payday loan place you're basically setting yourself up to get screwed. But usually that level of desperation is a product poor money management resulting in bad credit.

So there's nothing wrong with interest. And even usury to a certain degree may have its place for those who cannot get loans otherwise and are able to find someone to take on that risk. But the reality is that no one HAS to loan you money. It's a choice. And no one HAS to accept money as a loan. That's also a choice. And some choices have bad consequences. It's just a fact of life.

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