Gottfried Feder - Manifesto for the Abolition of Interest-Slavery

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previous interest-yield, so as also to give a certain compensation for the diminished value of money even to this circle of people. Thus, for example, in exchange for the surrendered 60,000 marks in debt-instruments of the Reich, of the states, or in covered bonds, an annual lifelong pension of 4000 marks could be given. If the widow has children and she wants to will a portion of the wealth to them, then it can be allowed to her that only 40,000 marks be transformed into a pension, while the remaining 20,000 would be kept for the children. Out of the 40,000 marks, depending on the age of the pensionapplicant, up to 1/12 of the received capital could be given annually.
Furthermore, let it also be noted here that, with the discontinuation of oppressive taxes as a result of the abolition of interest-slavery, the widow's cost of living will be quite considerably decreased. It would greatly exceed the scope of this essay to examine in detail the personal interests of each stratum of the population. Such a revolutionary demand cannot be about personal interests; nevertheless as the idea takes effect one will find that the healthful consequences personally benefit every individual in the end. Precisely by the problem already
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The Manifesto for the Abolition of
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New Translation Published 2012 by M
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and it worked better than anyone pr
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This was rank heresy in the eyes of
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lies in a nation’s power of produ
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obligations and zero prospects for
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Implementation and Rationale 1. Bec
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situation than the federal states.
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Rather than simply declare war-bond
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Democratic government, as a moderat
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Manifesto for the Abolition of Ensl
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oriented conception of life that ha
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The abolition of enslavement to int
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The avalanche-like growth of loanca
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law of the state, first for the Ger
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from debt in this manner becomes pa
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socially distributed or applied for
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supramundane power to grow of itsel
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chains of the supragovernmental mon
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How did all the fine promises run d
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course, if international speculator
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Mammonism is the sinister, invisibl
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the community, toward all humanity,
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Mammonism that wanted to know only
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addition of labor, has caused the g
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in our time. Never has Mammonism be
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against this senseless overturning,
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problems of the largest importance,
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magnitude of 20:1 to 12:1. The thir
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how the penny invested at the time
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year 1935 would be 80 billion, in 1
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on behalf of the Egyptian governmen
Page 67 and 68: The two curves drawn in bold lines
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Page 71 and 72: enslavement to interest on money. T
Page 73 and 74: the acknowledged ratio of 300 to 38
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Page 77 and 78: the mass of all hard-working people
Page 79 and 80: interest, interest is the noli me t
Page 81 and 82: pump and sucked up the billions, an
Page 83 and 84: state bankruptcy will melt away fro
Page 85 and 86: financial mismanagement have been p
Page 87 and 88: onds. You must forgive me, beloved
Page 89 and 90: For this there is first need of a c
Page 91 and 92: municipal properties are included,
Page 93 and 94: orders of magnitude that have no re
Page 95 and 96: ehind them stands only and solely t
Page 97 and 98: 40 million; indirect taxes, 53 mill
Page 99 and 100: gone: a total of 125 million. The d
Page 101 and 102: all simple foodstuffs and necessiti
Page 103 and 104: Our view broadens. We see virgin la
Page 105 and 106: taxes must be raised, which are div
Page 107 and 108: needs. It should not be denied that
Page 109 and 110: way in again. Here too it requires
Page 111 and 112: * * * * * I hope now through the ma
Page 113 and 114: Naturally the situation seems to be
Page 115: must be arranged through the develo
Page 119 and 120: all for the sake of their children
Page 121 and 122: the depots; but no young people get
Page 123 and 124: instead.] * * * * * The cancellatio
Page 125 and 126: enslavement to interest has not the
Page 127 and 128: year 332 B.C. abruptly forbade Roma
Page 129 and 130: investigate in each instance what e
Page 131 and 132: continuation of enslavement to inte
Page 133 and 134: concept has for the first time caus
Page 135 and 136: should even houses and huts, railro
Page 137 and 138: in its totality restrain itself fro
Page 139 and 140: to the role appropriate to it, to b
Page 141: consciously or instinctively to con
Page 144 and 145: unfortunate side-effects, as if in
Page 146 and 147: feel too weak compared to foreign c
Page 148 and 149: onds, and the accompanying opportun
Page 150 and 151: Special Comments on the Demand for
Page 152 and 153: as before, to pay the amount that h
Page 154 and 155: marks. Against that is recorded a m
Page 156 and 157: given the emphasis that Feder puts
Page 158 and 159: age of the house, increased from 10
Page 160 and 161: On § 4 and 5 These paragraphs dema
Page 162 and 163: credit. We also demand, in and for
Page 164 and 165: magnitude as in Prussia and Bavaria
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industrial works toward those that
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addition of interest; rather the in
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e improved. But even this improveme
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The most frequent objection is the
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misdirection after thorough reading
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The capitalists then will just take
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scholarship, in short to make benef
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the old bureaucratic state, but so
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only from interest-payments on loan
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it is the laborer more than anyone
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national economy will be liberated
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What does “obligations” mean? I
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Financial officials and banking pro
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their hands. At first the folk imag
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world. I confess that I myself was
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The Spartacist says: The whole idea
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interest-slavery. But if, at the bo
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savings away from you in the name o
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exact answer to your question will
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of all working people in general, i
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as exploiters and bloodsuckers of t
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occurred. The worst thing however w
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work, production; for without produ
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the peace of mutual understanding,
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And reaction?! The swept-away, rott
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I repeat: the enormous fundamental
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itself, rather only to allude to bi
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Even so, we must inquire what the m
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economic views as e.g. wastefulness
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utterly unfruitful? Has it not also
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themselves into enormity - and mone
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shared, therefore social, industrio
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first time ever for the social stat
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on the broadest basis, and next to
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for which people are only interests
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Publisher’s Afterword While repet
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unemployment, and the big bank "bai
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think more than ever about immediat
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Gottfried Feder - Manifesto for the Abolition of Interest-Slavery

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