The present study treats the practices of Western banking and contrasts them broadly with Islamic banking. It illumines the "invisible treads" uniting war and capitalism, following the lead of Werner Sombart. An example of money inflation is adduced from the sixteenth century precedent of bullion inflation and its economic consequences. For long-term analysis as well as predictive value the author adopts the "long cycle" hypothesis of the Russian economist K.D. Dmitriev and as expounded by contemporary Russian economists. The author concludes that the operation of the sixth "long wave" of economic acceleration may well necessitate the collapse and transformation of the current American political regime during the third quarter of the twenty-first century. Subsequent chapters in the Afterward trace the path of revolutionary Puritan colonists into the Pioneer Valley in central Massachusetts, before entering and forming a significant ethnic portion of the banking industry. Later chapters illumine the aspirations of a later Puritsn descendent to establish a military dictatorship in America, after a second invasion of Mexico, thus illustrating the contnuity of Puritan military aspirations from Philip Dru: Administrator to the border vigilantes of the present day.
Dale T. LaBelle graduated from the University of Massachusetts in 1959. He received his M.A. from The University of Chicago in 1962, and his Ph.D. from the same institution in 1973. He studied advanced Russian at Middlebury Summer School. Later, he conducted research into Men'shevik history at the International Institute for Social History in Amsterdam, 1962-1963. On returning he taught summer school at the Baruch School of Business in New York City, substituted for one year at Queen's University in Kingston, Ontario, taught three years at California State University at Long Beach, and three years at Carleton University in Ottawa, Ontario. Thereafter he was a Fellow at the Harriman Institute at Columbia University priior to passing a year at A.A. Zhdanov State University in Leningrad. Subsequently he initiated a petition criticical of Russian non-compliance with the terms of the cultural exchange. Thereafter he could not obtain academic employmeht. For fifteen years he labored as an Administrative Assistant at high-tech firms around Boston, inclulding ADP, Polaroid, and a half year at Hanscom AFB, while honing sales skills and store management capabilities. He contributed position papers for the presidential campaign for Sen. Frank Church, and later volunteered to work in the press department for the last campaign of Sen. Edward Brooke.He continued to audit economics courses at Harvard Extension School and Boston University, and to write book reviews for the publlic press and scholarly journals. A selection may be accessed at http://iblueradicals.blogspot.com. This is his first book.