Abrahamic Norm and the Architecture of Interest-Based Capitalism: A Historical-Technological Reconstruction

14 April 2026, Version 1
This content is an early or alternative research output and has not been peer-reviewed at the time of posting.

Abstract

This paper reconstructs the historical-technological trajectory by which the Abrahamic prohibition on interest was dismantled and replaced by a global financial architecture that institutionalizes what all three Abrahamic traditions classify as a violation. The dismantling proceeded through qualitatively distinct ruptures: the medieval structural trap with Jews as buffer; Calvin's theological reinterpretation (1545); England's legalization of interest (1571); the institutional rupture of the Bank of England (1694); and the centuries-long sacralization of accumulation captured by Weber and reframed by Benjamin as debt-as-original-sin. By the mid-twentieth century this architecture had expanded into a global ecosystem sustained by dollar hegemony, delegated order, co-optation of intellectual critique, and atomization of solidarity bonds. A reproducible pattern of alternative-neutralization, tested against socialism, was redirected after 1991 toward Islam. Empirical evidence from the 2008–2009 crisis and from Iran's decade-long survival under sanctions complicates Kuran's thesis of institutional unviability. The paper establishes the "Alternative Solidarities" research framework.

Keywords

Abrahamic prohibition
usury
ribbit
riba
John Calvin
Bank of England
delegated order
no-exit ecosystem
Islamic finance
Abrahamic banking.

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