Author Topic: Monetary Wealth  (Read 5185 times)

Feder

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Re: Monetary Wealth
« Reply #135 on: March 20, 2023, 10:55:50 pm »
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But the capitalist idea of profitability actually becomes an economic nonsense in the branches of our economy that today rule everything, in the banking and stock-exchange system. The fact of the ruling position of the banks proves most strikingly the economic senselessness of the capitalist idea. With the ‘productions’ of the banks and stock-exchanges never yet has a child been fed, never yet has a freezing person been clothed, in general never has even the smallest requirement that is necessary for life been supplied. — Gottfried Feder, The German State on a National and Socialist Foundation (1923), pg. 28

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Our anti-Mammonistic battle, which is ranged above the other two battle-fronts, is directed against the world-encompassing financial power, that is, against the permanent financial and economic bleeding and exploitation of our people through large loan capital. This battle however is, on the other hand, also a powerful intellectual struggle against the soul-destroying materialistic spirit of egoism and avarice with all its concomitant corrupting manifestations in all fields of our public, economic and cultural life. — Gottfried Feder, The German State on a National and Socialist Foundation (1923), pg. 57

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National Socialism like Anti-Semitismanti-Jewish glimpses in the Jewish-materialistic spirit the primary root of the evil, but it also knows that this most powerful battle of world-history cannot remain standing in purely negative anti-Semiticanti-Jewish demands, therefore the entire national- and economic programme of National Socialism rises far above the certainly ground-breaking but negative anti-Semiticanti-Jewish battle by positively giving a creative constructive image of how the National Socialist state of work and performance should look. If this main goal is reached, then the National Socialist Party will be dissolved. — Gottfried Feder, The German State on a National and Socialist Foundation (1923), pg. 58

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Through intensive enlightenment of the people, it is to be made clear to the people that money is and should be nothing other than a voucher for completed labor; that while every highly developed economy of course has need of money as a medium of exchange, the function of money also ends with that, and in no case should money be lent a supramundane power to grow of itself by means of interest, at the expense of productive labor. — Gottfried Feder
https://en.wikiquote.org/wiki/Gottfried_Feder



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