1st Edition
Money and Justice A critique of modern money and banking systems from the perspective of Aristotelian and Scholastic thoughts
1. Introduction 2. Crisis of Fantasy Prosperity based on Debt 3. Usury Prohibition – an Ancient Principle of Financial Dealings 4. The Scholastic Theory of Usury and its Ultimate Marginalization 5. Abuse of Money Power 6. Debt Money and Institutionalization of Usury 7. The Myth of Money as Government Creation 8. Moral Confusion over Debt 9. Injustice in the Debt Money System 10. In Search of Solutions
Biography
Leszek Niewdana, a Catholic priest from Poland, teaches mainly business ethics in the College of Management at Fu Jen Catholic University in Taiwan. He holds an MBA degree from the University of Southampton and a PhD in Christian Ethics from Heythrop College, University of London, England. Following the 2007-2009 financial tsunami, his interests have increasingly focused on ethical issues in financial and monetary systems.
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Money and Justice is an excellent exposition of the key flaws in the modern money and banking system and is an important contribution to the literature on how that system might be optimized to serve the common good. Niewdana’s analysis reveals an impressively broad scope of research, providing citations to Austrian economists (Rothbard, Mises, Menger, Skousen), Catholic thinkers (Aquinas, Dempsey, Noonan, McCall, and various official Church teachings), historical figures (Aristotle, Locke, Calvin), liberal Nobel Prize winners (Krugman, Stiglitz), behavioral economists (Kahneman and Tversky), anthropologists (Graeber), and extensive citations to avant-garde out-of-the-academy thinkers such as Thomas Greco (The End of Money) and Stephen Zarlenga (The Lost Science of Money) among many others.
—Anthony Santelli II, AES Capital, USA
