The Use Of Loan Credit In Modern Business (1903)

""The Use of Loan Credit in Modern Business"" is a book written by Thorstein Veblen in 1903. In this book, Veblen explores the role of loan credit in modern business and its impact on the economy. He argues that the use of loan credit has become a crucial aspect of modern business, allowing companies to fund their operations and expand their reach. Veblen also discusses the relationship between loan credit and the financial system, highlighting the ways in which banks and other financial institutions have come to rely on this form of credit to sustain their operations. He further examines the impact of loan credit on economic inequality and argues that it has contributed to the concentration of wealth in the hands of a small group of individuals and corporations.Overall, ""The Use of Loan Credit in Modern Business"" provides a critical analysis of the role of loan credit in modern capitalism and its impact on the economy and society. It is a seminal work in the field of economics and remains relevant today as debates continue around the role of finance in shaping our economic system.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.