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The Price of Time in a World Without Interest | Edward Chancellor

Hidden Forces

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The Wealth and Income Gap

There is a social contract here. No one signed it, but we all sort of understand it intuitively. And it relies on not just interest, but the laws to insure that the property that you are rightfully owed will be delivered to you. But there comes a point when people feel that there's a fundamental level of unfairness between the amount of income that can be generated from capital versus the amount of money earned through labor. i think you know that i'll kind of put a pin in that because i think it's something that we definitely want to explore," he says.

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