As time goes on, those who think that they live in democracies will live at best, in oligarchy or at worst under fascist regimes. In medieval times, … - Margrit Kennedy

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As time goes on, those who think that they live in democracies will live at best, in oligarchy or at worst under fascist regimes. In medieval times, people thought they were badly off when they paid tithes; a tenth of their income or produce to the feudal land lord. In this respect, they were better off than we are nowadays. Today more than one third of DM or dollar goes to service capital. Those who gain most are the super rich, multinationals, big insurance companies and banks.

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About Margrit Kennedy

Margrit Kennedy (November 21, 1939, Chemnitz - December 28, 2013, Steyerberg) was a German architect, professor, environmentalist, author and an advocate of complementary currencies and an interest and inflation-free economy.

Also Known As

Alternative Names: Margrit I. Kennedy
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