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Forum Post: Usurer

Posted 12 years ago on Jan. 19, 2012, 8:53 p.m. EST by dcosts (69) from St Petersburg, FL
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In the course of the nineteenth century the feudal extortioner was replaced by the urban usurer; the obligations that the feudal system had imposed upon those who were bound to the soil found their modern counterparts in the obligations to the mortgagee; aristocratic landlordism had been exchanged for bourgeois capitalism. The peasant’s holding is still only the pretext whereby the capitalist is enabled to draw profit, interest, and rent from the land, while leaving the cultivator to wrest his own wages from the soil. Thoughts...dcosts.com

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