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Re: The Babylonian Economy
At 04:36 PM 10/11/97 -0400, Ted Winslow wrote:
>Part of the textual evidence for this claim is found in Keynes treatment
>of ancient economies. Here we find him using the term "Babylonian
>Economy" to mean an economy dominated by "the instinct of Avarice".
Interesting parallel: "Babylon" is currently a colloquialism for the
capitalist economic structure and all its abuses, it's derived from
Rastafarian roots.
- Thread context:
- Absent Wealth and Employment,
John Gelles Sat 11 Oct 1997, 22:16 GMT
- The Babylonian Economy,
Ted Winslow Sat 11 Oct 1997, 20:38 GMT
- expectations,
Doug Henwood Sat 11 Oct 1997, 15:02 GMT
- AOL error messages,
Bruce R. McFarling Sat 11 Oct 1997, 06:11 GMT
- Hummel Inquiry,
Warren Mosler Sat 11 Oct 1997, 00:16 GMT
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