The nature of the sin
called usury has its proper place and origin in a loan contract.
Yes, lending at an excessive interest is a sinful violation of justice, and could be
called usury under its modern definition of undue interest, but this is different than the condemnation of usury as taught by the Church.
St. John Paul II in a Feb. 3, 2004, general audience
called usury «a plague that is a disgraceful reality even in our days that can place a stronghold on the lives of many people.»
Not exact matches
This kind of classical free market viewed capitalism's historical role as being to free the economy from the overhead of unproductive «
usury» debt, along with the problem of absentee landownership and private ownership of monopolies — what Lenin
called the economy's «commanding heights» in the form of basic infrastructure.
Over the centuries, theologians such as Thomas Aquinas reaffirmed this stricture against interest — or
usury, as it was
called.
Through emphasizing the «
calling» to work as a way of serving God, through warning against the pursuit of frivolous leisure - time activities, and through approving the abolition of laws against
usury, the Calvinist work ethic facilitated the accumulation of wealth.
A generation ago, American had what were
called «
usury laws», which limited how much interest a lender could charge.
So in those cases, one of the
Usury Expert Witness candidates are
called in to testify - and hopefully assist the triers of fact in resolving the matter.