Spiritual foundations of the modern consumer slavery

Authors

  • Valentin Jurjevič Katasonov

DOI:

https://doi.org/10.7251/SOCEN1509087K

Abstract

Among the feudal lords was the accumulation of money, but not the capital.
Even when the feudal lords resorted exploitation, based on the use of
credit and debt, it did not make them capitalists. Credit interest, in any form
(cash, in-kind or the form of tillage) went to personal consumption of feudal
lords, it was not turning into capital. However, this does not mean that in feudal
society there was no capital and capitalism. Capital and capitalism were as
they were in the Roman slave-owning society. In Ancient Rome, the capital
did not exist in the commodity or production form, but in money, capitalism
was not a commercial or industrial, but usurious. There the “professional”
usury was practiced by people from the stock of horsemen.

Published

2017-11-08