Deceneus's blog Science Fiction and Fantasy: space and time travel books

November 13, 2012

The banking system in science fiction

Science fiction  and fantasy books are often based on day to day realities extraploated in the future or on other planets. Most of the science fiction books deal with technological aspects, and only a few with the social ones, and even  less with financial issues. The main arguments are that technology is cool, or magic for fantasy books, while finance is boring on one side, and on the other one predicting social future is more difficult than predicting technology.
As in the book, here on Earth,  the financial system is taking slowly over our society.
In the 2012 edition of Occupy Money released this month, Professor Margrit Kennedy writes that a stunning 35% to 40% of everything we buy goes to interest. This interest goes to bankers, financiers, and bondholders, who take a 35% to 40% cut of our gross domestic product. (more…)

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