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Perhaps its my lack of perspective having lived only the in the US, but I'm trying to get my head around how an economic system without usury/lending would function. Perhaps someone can provide an example?

And, yes, perhaps its not fair to equate lending with usury as the common definition of the latter is essentially that its lending with unreasonably high interest rates. But that definition is squishy. What is "unreasonable"? Surely some interest is warranted as the lender is taking risk?

Looking forward to the comments on this one. :D

Perhaps its my lack of perspective having lived only the in the US, but I'm trying to get my head around how an economic system without usury/lending would function. Perhaps someone can provide an example? And, yes, perhaps its not fair to equate lending with usury as the common definition of the latter is essentially that its lending with unreasonably high interest rates. But that definition is squishy. What is "unreasonable"? Surely some interest is warranted as the lender is taking risk? Looking forward to the comments on this one. :D

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[–] 0 pt

How do you get money to start a business without borrowing? Corporations, LLCs and Limited partnerships exist to solve this problem.

You can create a contract in such a way that you have the right to buy back the shares with profit or not. For example if my cousin wanted to become an owner-operator truck driver, I could buy $100k worth of shares in his company he then buys the shares back from me whenever he has the money at a price we agree upon. If the business fails I can still auction off his truck and get some of my money back.