We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
|
Islam’s capitalist meme It is nice to think that the lure of filthy lucre might help spread the capitalist bug around the planet to even the most inhospitable regions. In a story which caught my eye, Reuters reports that a host of western banks are gearing up to cash in on growing demand in Islamic countries for bank services.
Ok, the banks will have to negotiate their way around the thicket of prohibitions on interest payments and so forth, but even so, if commercial ties spread, I think that is a good thing. And over time customers may even get to realise that interest – damned as wicked usury in the Islamic credo – is in fact no more than the price attached to deferring current spending over future gain. It is another chink in the armour of ignorance about business, another step in that great and glorious thing – globalisation. Who knows, one day Muslim investment bankers will be holding conferences on “how to spread business to backward statist economies in Europe”? You read it here first.
Comments are closed.
|
Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
|
