Category Archives: capitalism

The Mask of Anarchy – reblog from George Monbiot

My Comment:  While this piece is aimed more at the issue of Brexit and attendant serious drama, it shouldn’t be dismissed by any of us. The same “disaster capitalists” intent on turning Britain into a Third World country are just as hard at work undermining all social advancements made within our “democracies” wherever they may be still found. This is no longer a question of profit but of absolute madness.  My question is, are we going to continue to support the sickness or are we going to stop them?

The Mask of Anarchy

Posted: 11 Feb 2019 04:21 AM PST

Why disaster capitalists are praying for a no deal Brexit.

By George Monbiot, published in the Guardian 8th February 2019

Part of me wants to smash it all up. I want to see the British bubble burst: the imperial nostalgia, the groundless belief in the inherent greatness of this nation, the casual dishonesty of those who govern us, the xenophobia, the intolerance, the denial, the complacency. I want those who have caused the coming disaster to own it, so that no one ever believes them again. No Deal Brexit? Bring it on.

Such dark thoughts do not last long. Then I remember it will be the poor who get hurt, first and worst. The rich leavers demanding the hardest of possible Brexits, with their offshore accounts, homes abroad and lavish pensions, will be all right. I remember the eerie silence of the City of London. While the bosses of companies producing goods and tangible services write anxious letters to the papers, the financial sector stays largely schtum. Shorting sterling is just the first of its possible gains.

The Asian financial crisis of 1997-98, caused by the IMF’s insistence that countries removed their capital controls, began with an attack by foreign speculators on Thailand’s baht. As currencies tanked and nations raised their interest rates, indebted companies went down like flies. Foreign corporations, particularly from the US, swept in and bought the most lucrative assets for a fraction of their value. Though the causes are different, it’s not hard to see something similar happening here. If it does, the City will clean up.

But this is not the end of it. What a no-deal Brexit might offer is the regulatory vacuum the Brextremists fantasise about. The public protections people have fought so hard for, that we obtained only through British membership of the EU – preventing water companies from pouring raw sewage into our rivers, power stations from spraying acid rain across the land, chemical companies from contaminating our food – are suddenly at risk.

In theory there are safeguards. The environment department has been frantically trying to fill the regulatory chasm. It has published more statutory instruments than any other ministry, and has drafted an Environment Bill, with plans for a watchdog to hold the government to account. But a series of massive questions remain, and none of them have easy answers.

The Environment Bill will not be put before parliament until after the Queen’s speech (probably in May). It won’t be passed until autumn, at the earliest. The green watchdog (the Office for Environmental Protection) will not materialise until 2021. During that time, there will be no body equivalent to the European Court of Justice to ensure that the government upholds the law. Instead, there will be a “holding arrangement”, with an undefined “mechanism” to receive reports of environmental lawbreaking, that the watchdog might be inclined to investigate when it eventually materialises.

Replacing just one of the EU’s environmental functions – registering new chemicals – requires, before March 29, a new IT system, new specialist evaluators, new monitoring and enforcement across several agencies and new government offices, filled with competent staff, to oversee the system, in the four nations of the UK. All this must happen while the government attends to scores of transformations on a similar scale. If the shops run out of food, hospitals can’t get medicine and the Good Friday Agreement falls apart, how much attention will it pay to breaches of environmental law?

Already, we are witnessing comprehensive regulatory collapse in the agencies, such as Natural England, charged with defending the living world, due to funding cuts. If they can’t do their job before we crash out, what chance do they have when the workload explodes, just as government budgets are likely to slump? The government’s nomination of Tony Juniper as Natural England’s new chair is a hopeful sign, though the general astonishment that an environmental regulator will be chaired by an environmental champion show just how bad things have become (since 2009, it has been run by people whose interests and attitudes were starkly at odds with their public duties). But the underlying problem Natural England faces will also hobble the green watchdog. Unlike the European Court of Justice, the Office for Environmental Protection will be funded and controlled by the government it seeks to hold to account.

Last week, the Guardian reported panic within government about the likely pileup of waste the UK currently exports to the EU, in the event of no deal. The combination of a rubbish crisis, administrative chaos and mass distraction could be horrible: expect widespread flytipping and pollution. So much for the extremists’ euphemism for no deal: “clean Brexit”.

The government’s commitment to upholding environmental standards relies to a remarkable extent on one man: the environment secretary, Michael Gove, who has so far doggedly resisted the demands of his fellow Leavers. Had any one of his grisly predecessors been in post – Owen Paterson, Liz Truss, Andrea Leadsom – we wouldn’t have even the theoretical protections Gove has commissioned. Boris Johnson has suggested that leaving the EU will allow us to dismantle green standards for electrical goods and environmental impact assessments. Iain Duncan Smith has pressed for the removal of the carbon floor price after Brexit, that has more or less stopped coal burning in the UK.

With Liam Fox in charge of trade policy, and the US demanding the destruction of food and environmental standards as the price of the trade deal he desperately seeks, nothing is safe. A joint trade review by the British and Indian governments contemplates reducing standards on pesticide residues in food and hormone-disrupting chemicals in toys. This must be heartening for Jacob Rees-Mogg (known in some circles as Re-smog), who has proposed that we might accept “emission standards from India”, one of the most polluted nations on earth. “We could say, if it’s good enough in India, it’s good enough for here.”

There is no guarantee that Michael Gove, the unlikely champion of public protection, will stay in his post after Brexit. If we crash out of Europe, the dark money that helped to buy Brexit will strive to use this opportunity to tear down our regulations: this, after all, was the point of the exercise. The tantalising prospect for the world’s pollutocrats is that the United Kingdom might become a giant export processing zone, exempt from the laws that govern other rich nations. It’s a huge potential prize, that could begin to reconfigure the global relationship between capital and governments. They will fight as hard and dirty to achieve it as they did to win the vote.

A combination of economic rupture, sudden shifts in ownership, an urgent desire to strike new trade deals and a possible regulatory abyss presents a golden opportunity for disaster capitalism. Our first task is to see it coming. Our second is to stop it.

http://www.monbiot.com

Of Rules and Rulers

[Thoughts from   ~burning woman~  by Sha’Tara]

“Beam me up Scotty, there’s no intelligent life down here.”  (Attributed to captain Jim Kirk of Star Trek – a line presumably invented as a joke, never actually used in the series.)

There is a kind of madness that began by a seeping in, then turned into a flood pouring out of the entire echelon of non-productive bureaucratic hierarchical groupings in every mega-institution on planet Earth, be it church, government, military, banking or corporate.

These non-productive types of exponential inferior intelligence (the truth of this easily determined by their performance) keep themselves as controllers and in power, not by coming up with useful ideas but by browbeating the generally smarter but brain-lazy makers and doers.  The controllers know they are too stupid to rise above what they are and too lazy, incompetent and incapable to perform any sort of useful labour so they must control the work force (or the followers of some religion or the patriots or the investors or the fans) to keep them from discovering they are more intelligent and certainly more useful than their superiors.  If you cannot rise above the level of your own incompetence you must keep everybody else below yours — by whatever means.

Here’s a classic way they have always used to control others.  They invent rules and by using these rules they can implement endless changes to systems, not to improve the systems, anybody can see that is not happening, but to force everybody else to remain on a level below theirs.  There has probably never been a time when this was more obvious that the present moment.

Let me describe how the bureaucrats go about creating new rules.  Since they are incapable of coming up with anything new, their “new” will always be based on something old, re-packaged and re-marketed to seem original.  Another “trade” deal; a different kind of Monopoly money; a change in interest rates; how about a carbon tax? A green fee?

At the corporation where I worked I called their creations “the thirteen and a half inch ruler.”  Like everybody else they were operating under the standard twelve inch ruler.  But why be the same as everybody else when you can be longer?  So they put their mini brains together and came up with a real winner: a thirteen and a half inch ruler.  A ruler a whole inch and a half longer than anyone else’s.  Fantastic.  Now each time their employees go out to measure, they are automatically ahead of the competition by 1-1/2 inches.

Of course we (that would be those of us who do the actual measuring) immediately encountered a problem with the new rule:  Was it now a thirteen and a half inch ruler, so marked?  Or was it a twelve inch ruler with the inches stretched out one and one half inch over the length of the new ruler? 

We asked for clarifications.  As to be expected they had no answer except for the usual: we’ll get back to you on that, carry on.  The “carry on” part was not debatable.

The above should be hilarious.  But when one realizes how true that is, it sobers one very quickly.  Think: the thirteen and a half inch ruler brains are the rulers of this planet.  They are the mushroom cloud; we’re at ground zero.  That is why all of us numb-nuts believe ourselves indebted to the thirteen and a half inch ruler brains to the tune of $184,000,000,000,000 or broken down, $86,000 for every man, woman and child on this world.

At this point though I’d have to say that the 13-1/2″ ruler brains are actually the smart ones. A tiny minority of ignorant pea-brains holds an entire world in hock to themselves just by claiming their right to an incestuously exponential lion’s share of everything.  For this inanely and insanely illegitimate claim the rest of the regular (12″) ruler brains are willing to kill other people’s children, or watch their own starve to death while debating which 13-1/2″ ruler brain should be their next leader.  

“Beam me up Scotty, you dropped me on the wrong planet!”

 

The Prophet Spoke Again

[thoughts from ~burning woman~ by Sha’Tara]

The Prophet spoke once more in the latter days, long after any had been and these be the things she said into the minds of those that would listen.

I am not bringing any good tidings, she said to them, therefore it is entirely up to you whether you listen, or fail to listen, for the message will be given even if only the stones of this world, the pavement of its streets or the girders of its highrises hear it.

You will have noticed that your world has changed once again, and in that change it has turned against you. You speak amongst yourselves of climate change; you debate whether it is the works of your own hands, of the world itself or perhaps a combination of both. You do not know and while you are confused, refusing to face the music you yourselves ordered to be written upon skies, seas and lands, you cannot dance. You but plod, and you weary yourselves with petty thoughts of greedy corporate executives and bankers, corrupt politicians and the endless charade of religion. Thinking yourselves wise, you have indeed made yourselves fools; the duck thinking to survive the winter in a child’s wading pool.

You seek answers where there are none! You deliberately ignore your history to fall ever and anon in the same trap your ancestors fell in and died in. You continue to believe that if you replace this puppet with that one; this god with another; this system with a more “environment friendly” one, you can carry on with just such light brush strokes on the old canvas; that you can carry on with no self-sacrifice, no purifying of heart, no transforming of mind, therefore no essential change.

But know this, if you cannot see it for yourselves: your canvas is rotten, even to the frame that holds it together.

That is the sum total of my tidings, to do with as you see fit. I did not come here to make the change for you, I came but to give warning. If you care about each other and particularly if you care about your own children, you will listen. If you do not, I may as well once again take the name of Cassandra and die in the fall of your great and impregnable city.

Is there any hope? I don’t “do” hope, but I am addressing people who believe in such things. So, look about you, anywhere, and see if there is anything truly new rising from your world; from within your many systems: anything you would bet your life and the life of your children upon? Anything that cannot be bought and sold in the global marketplace or corrupted beyond recognition in your high places of government, banking and worship?

Every prophet is mad, I as much as any other who has ever dared incarnate on this world and in my madness I dare imagine that some of you will ponder this and cry out, ‘Yes, we can see how it is coming apart,’ and add, ‘what should we then do?’

As I said, I am not here to give you answers, that was not part of my job description.

Let me remind you that everyone like myself who has come before and given you strict guidance and rules of conduct has been an abject failure because the teaching was imposed, it did not arise from within yourselves, thus it was powerless to change you. Go ahead, read your prophets, the full time, the part time, the ones you defamed, tortured and killed. You could do worse than re-reading “The Prophet” by Khalil Gibran. Read other way showers and rule givers and go as far as pondering the voices of those who called themselves saviours and see what you find these many years later.

I will give you hints though, even if it violates my strict self-imposed mandate. Simple hints. First, your civilization as you experience it and as you’ve known it throughout your very short history, is finished. Its days have been measures and found wanting.

Its very nature is inimical to the concept we call life. It has exceeded its limits to growth. It feeds entirely on bloodshed and destruction and many there are who profit from this and many more who rejoice in the results. That is its greatest sin from which it can neither be healed, or ever rise again.

Second hint: if you would do something that has a chance of bearing fruit, though it likely will be but for yourself as an individual, choose the path of the compassionate being. “How” is entirely up to you.

Quote: “A dominant myth is inclusive, in the sense that people feel lost without it. They can’t attribute any sort of human activity to anything else but the myth. They can’t see their way past it. They feel stymied without it.” (Jon Rappoport) and my added comment: “And what is civilization but a dominant myth?”

 

I Had to Write This…

I had to write this…
[thoughts from   ~burning woman~  ]

Just finished watching, for the umpteenth time, the movie, “The Statement” (2003) with Tilda Swinton and Michael Caine.  Basically another story of hunting down Nazi murderers of innocent and helpless Jews in WWII, this time in France under the fascist, heavily pro-Nazi Vichy regime led my Marshal Petain. 

The point here is that these mass murders happened 80 or less years ago – one Earthian life time and here we are, poised to do it all over again.  Isn’t that just fantastic how quickly we forget our ignorance, stupidity and murderous mob tendencies just to start again? 

Granted, we haven’t yet quite decided which race or class of people are going to suffer our wrath, but we’re ready to “do it”.  Most likely the educated and well-informed voting mob will pick on people of some sort of colour to slaughter. Refugees, they’re pretty safe, not too dangerous.  The Muslims, well, that’s a different matter, they tend to fight back. We’ll definitely need the police, the Security state, maybe the army on our side for this. It’s but a matter of putting the right people in government to pass the laws to legitimize the slaughter and that’s never been a problem.  The problem is motivating those still sitting on the fence.  They may have to be our target this time.  Great, those stupid liberals won’t expect to be a mob’s target: sitting ducks.  

You see? That’s how it goes.  The circles just get bigger, nothing essential changes.  And why is that? Why doesn’t anything change and why do we put on the rose coloured glasses and insist that somehow, yes, things have gotten better? Was the 20th Century with its two devastating world wars followed by endless wars and the cruelest form of exploitation of resource rich emerging countries really better than the Hundred Years War?  Is that a rhetorical question or what?

What is our problem?  I’ll tell you, and I’ll keep telling you, as long as I have breath: our problem is that as a species, as a collective, as a “civilization” we don’t give a damn. We are not the least empathetic, though we can be so easily conned by our various propaganda machines into believing that we are, indeed, kind and loving “at heart” and that it is only the few; the minority; that is psychopathic and loves war and killing.  It isn’t. It’s a very, very big majority that is in love with violence and that never gets enough of it. If you don’t believe me, check out the internet and video games. Check out how much money derives directly from violence or the promotion of violence.  

Not all violence means bloodshed and death, though we certainly enjoy doing that best. Violence is everything that causes some sort of harm to others; to another – human, animal, plant or planet, for one’s selfish benefit or one’s enjoyment.  We need to get that very clear in our head for it is the same as what religion calls sin: the inflicting of pain and loss upon any “other” for one’s own satisfaction, benefit or pleasure. 

There is but one antidote for this Earthian condition that is destroying this world and possibly much of the biological life on and in it, and that is for all *ISSA beings to choose to become compassionate.  How many times have I said that? Doesn’t matter because it’s like the wind in the leafless cottonwood trees here in winter: sound and either you like it or you don’t like it, but the wind doesn’t change its tune whether you’re comfortable with it or not.

I’ve been following the current protests highlighting climate change and elitist rip-offs called the economy and assessing the chances of such protests actually accomplishing anything at all. My conclusion is predictable: the protesters are going nowhere.

Oh, what a terrible thing to say! Of course they’re going somewhere; they’re making some politicos change their minds… wow! Problem with that is, these mind-changing chameleons are opportunists. They can see the tide flowing in and they are just smart enough to move the blanket, the umbrella and the cooler a bit higher up on the beach. Still same beach, same picnic, same people. They’ll be safe from the rising waters and who cares about those who are already up against the cliff? Their problem.

If there is one thing activism has taught me back then, it’s that to address one “big” problem it is absolutely necessary to address all “big” problems. You cannot address climate change without addressing global poverty. You cannot address poverty without addressing over-population. You cannot promote alternative sources of energy if you are not condemning consumerism outright. You cannot blame right-winged politicians for screwing the planet if you are blinding yourself to the fact that your “left winged” politicians (the ones you would happily put back in charge) are as corrupt and often more so.  You cannot address justice if you are not, first, dedicated to destroying your billionaire elites – and I mean destroy utterly.  You cannot address and hope to make a dent in any of the above if you are not primarily committed to stopping all wars, genocides and where police operate out of control as in the US, stopping all government sanctioned mass murder.  You cannot in all honesty address and oppose any of the above if inside yourself resides one ounce of racism, misogyny, bullying and oh yes, patriotism. How many realize that patriotism is fanaticism that leads to terrorism?  It’s always been that.

Finally (this has to stop somewhere) nothing at all will ever change as long as there remains one Earthian anywhere convinced that s/he is entitled; if particularly blessed in some way or is superior to anyone else.  In other words, until Earthian pride is completely subdued by humility… we are doomed. We were taught; we were given chance after chance; we know right from wrong and as long as we choose wrong we can’t expect that anything will ever come out right. 

“We knew that the Earth was flat, we knew that we were the center of the universe, and we knew that a man-made heavier than air piece of machinery could not take flight. Through all stages of human history, intellectual authorities have pronounced their supremacy by ridiculing or suppressing elements of reality that simply didn’t fit within the framework of accepted knowledge. Are we really any different today? Have we really changed our acceptance towards things that won’t fit the frame? Maybe there are concepts of our reality we have yet to understand, and if we open our eyes, maybe we will see that something significant has been overlooked.”Terje Toftenes (take from the film “The Day Before Disclosure”)

*ISSA: intelligent, sentient, self aware

Tomgram: Nomi Prins, A World That Is the Property of the 1%

[My introduction to this article: a major question of mine for long decades: what makes ordinary people admire, support and quasi-worship the rich and “financially successful” when it is common knowledge (or should be by now!) that these are vultures and vampires who feed off the blood, sweat and tears of the poor, marginalized, oppressed, disenfranchised, servants and slaves of the world?
Be honest, who would consider the woman who delivers the mail as a proper candidate for president? Can’t claim it’s because she has no experience, Trump didn’t have any.  Would you vote for your plumber if he decided to run? Baker? How about your babysitter? Kindergarten teacher?  The neighbour’s son who is a long-haul truck driver?
What are these people missing, apart from any opportunity? Well, they aren’t personally known, popular or notorious, but mostly, they are poor. We vote for the eagle, never for the rabbit.  That it means the eagle will feel entitled to kill more rabbits doesn’t seem to sink in, and neither the fact that we are the rabbits.    
  ~Sha’Tara~ ] 

[Note for TomDispatch Readers: I hate to even bring it up, but we’ve come to that moment again. You know, the one at year’s end when I ask all of you for money to keep this website afloat. This isn’t exactly how I like to spend my time either, but your contributions really do keep us going. So I’ve written a funding appeal to all TomDispatch subscribers that begins this way: “What a year!  I don’t know about you, but I’m exhausted by You Know Who and the ‘Fake News Media’ coverage of him.  I know, I know… in the president’s inimitable style I should have at least six exclamation points after that last sentence.  Still, I don’t think it would be an unfair description to say that I’m one of the un-Trumps.  I don’t insult.  I don’t even tweet…” The appeal includes, of course, the expectable but necessary plea for donations. If you’re not a TD subscriber but visit this site regularly, you can click here to read my whole letter. Or, if the mood strikes you instantly, you can just go right to the TD donation page and contribute. In return for a $100 donation — $125 if you live outside the U.S. — you can also choose to receive a signed, personalized copy of various Dispatch Books or others as a token of our thanks. Believe me, you really do make all the difference. Tom]

This year, I simply couldn’t get one fact out of my head: according to a 2017 report from the Institute for Policy Studies, three billionaires — Jeff Bezos, Warren Buffet, and Bill Gates — have amassed as much wealth as the bottom half of American society. That’s 160 million people! (And unlike our president, I don’t use exclamation points lightly or often.) Or as Oxfam reported in January of this year, the wealth of eight men — and yes, they were men (including the three mentioned above) — was equal to that of half the people on this planet in 2017. Yikes! And just to give you a sense of where we’ve been heading at supersonic speed, an Oxfam report a year earlier had 62 billionaires owning half the planet’s wealth. Imagine that: 62 to eight in a single year.

Then consider what we know about the rise of the billionaire class. Again, according to Oxfam, a new billionaire appeared every two days in 2017, while 82% of the wealth being created on this planet already went to the top 1% and the bottom half of the global population saw no wealth gains at all. In 2017 (the last year for which we have such figures), the total wealth of the globe’s billionaire class ballooned by almost 20%. (And I want you to know that, unlike our president, I’m fighting hard to restrain the urge to put one or more exclamation points after every one of those sentences.)

Oxfam released its figures this January to coincide with the annual meeting of the world’s top dogs at Davos in Switzerland. Assumedly, it will do so again in January 2019 and I shudder to think what the next set of stats are likely to be. In the meantime, consider what TomDispatch regular Nomi Prins, author most recently of Collusion: How Central Bankers Rigged the World, has to say about a planet on which the actual economic situation of most people bears remarkably little relationship to what’s generally advertised and why, if you think stability is already a thing of the past in a Trumpian world, you ain’t seen nuthin’ yet. Tom

Wall Street, Banks, and Angry Citizens
The Inequality Gap on a Planet Growing More Extreme
By Nomi Prins

As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main Street, not just here but across the planet. If the global economy really is booming, as many politicians claim, why are leaders and their parties around the world continuing to get booted out of office in such a sweeping fashion?

One obvious answer: the post-Great Recession economic “recovery” was largely reserved for the few who could participate in the rising financial markets of those years, not the majority who continued to work longer hours, sometimes at multiple jobs, to stay afloat. In other words, the good times have left out so many people, like those struggling to keep even a few hundred dollars in their bank accounts to cover an emergency or the 80% of American workers who live paycheck to paycheck.

In today’s global economy, financial security is increasingly the property of the 1%. No surprise, then, that, as a sense of economic instability continued to grow over the past decade, angst turned to anger, a transition that — from the U.S. to the Philippines, Hungary to Brazil, Poland to Mexico — has provoked a plethora of voter upheavals. In the process, a 1930s-style brew of rising nationalism and blaming the “other” — whether that other was an immigrant, a religious group, a country, or the rest of the world — emerged.

This phenomenon offered a series of Trumpian figures, including of course The Donald himself, an opening to ride a wave of “populism” to the heights of the political system. That the backgrounds and records of none of them — whether you’re talking about Donald Trump, Viktor Orbán, Rodrigo Duterte, or Jair Bolsonaro (among others) — reflected the daily concerns of the “common people,” as the classic definition of populism might have it, hardly mattered. Even a billionaire could, it turned out, exploit economic insecurity effectively and use it to rise to ultimate power.

Ironically, as that American master at evoking the fears of apprentices everywhere showed, to assume the highest office in the land was only to begin a process of creating yet more fear and insecurity. Trump’s trade wars, for instance, have typically infused the world with increased anxiety and distrust toward the U.S., even as they thwarted the ability of domestic business leaders and ordinary people to plan for the future. Meanwhile, just under the surface of the reputed good times, the damage to that future only intensified. In other words, the groundwork has already been laid for what could be a frightening transformation, both domestically and globally.

That Old Financial Crisis

To understand how we got here, let’s take a step back. Only a decade ago, the world experienced a genuine global financial crisis, a meltdown of the first order. Economic growth ended; shrinking economies threatened to collapse; countless jobs were cut; homes were foreclosed upon and lives wrecked. For regular people, access to credit suddenly disappeared. No wonder fears rose. No wonder for so many a brighter tomorrow ceased to exist.

The details of just why the Great Recession happened have since been glossed over by time and partisan spin. This September, when the 10th anniversary of the collapse of the global financial services firm Lehman Brothers came around, major business news channels considered whether the world might be at risk of another such crisis. However, coverage of such fears, like so many other topics, was quickly tossed aside in favor of paying yet more attention to Donald Trump’s latest tweets, complaints, insults, and lies. Why? Because such a crisis was so 2008 in a year in which, it was claimed, we were enjoying a first class economic high and edging toward the longest bull-market in Wall Street history. When it came to “boom versus gloom,” boom won hands down.

None of that changed one thing, though: most people still feel left behind both in the U.S. and globally. Thanks to the massive accumulation of wealth by a 1% skilled at gaming the system, the roots of a crisis that didn’t end with the end of the Great Recession have spread across the planet, while the dividing line between the “have-nots” and the “have-a-lots” only sharpened and widened.

Though the media hasn’t been paying much attention to the resulting inequality, the statistics (when you see them) on that ever-widening wealth gap are mind-boggling. According to Inequality.org, for instance, those with at least $30 million in wealth globally had the fastest growth rate of any group between 2016 and 2017. The size of that club rose by 25.5% during those years, to 174,800 members. Or if you really want to grasp what’s been happening, consider that, between 2009 and 2017, the number of billionaires whose combined wealth was greater than that of the world’s poorest 50% fell from 380 to just eight. And by the way, despite claims by the president that every other country is screwing America, the U.S. leads the pack when it comes to the growth of inequality. As Inequality.org notes, it has “much greater shares of national wealth and income going to the richest 1% than any other country.”

That, in part, is due to an institution many in the U.S. normally pay little attention to: the U.S. central bank, the Federal Reserve. It helped spark that increase in wealth disparity domestically and globally by adopting a post-crisis monetary policy in which electronically fabricated money (via a program called quantitative easing, or QE) was offered to banks and corporations at significantly cheaper rates than to ordinary Americans.

Pumped into financial markets, that money sent stock prices soaring, which naturally ballooned the wealth of the small percentage of the population that actually owned stocks. According to economist Stephen Roach, considering the Fed’s Survey of Consumer Finances, “It is hardly a stretch to conclude that QE exacerbated America’s already severe income disparities.”

Wall Street, Central Banks, and Everyday People

What has since taken place around the world seems right out of the 1930s. At that time, as the world was emerging from the Great Depression, a sense of broad economic security was slow to return. Instead, fascism and other forms of nationalism only gained steam as people turned on the usual cast of politicians, on other countries, and on each other. (If that sounds faintly Trumpian to you, it should.)

In our post-2008 era, people have witnessed trillions of dollars flowing into bank bailouts and other financial subsidies, not just from governments but from the world’s major central banks. Theoretically, private banks, as a result, would have more money and pay less interest to get it. They would then lend that money to Main Street. Businesses, big and small, would tap into those funds and, in turn, produce real economic growth through expansion, hiring sprees, and wage increases. People would then have more dollars in their pockets and, feeling more financially secure, would spend that money driving the economy to new heights — and all, of course, would then be well.

That fairy tale was pitched around the globe. In fact, cheap money also pushed debt to epic levels, while the share prices of banks rose, as did those of all sorts of other firms, to record-shattering heights.

Even in the U.S., however, where a magnificent recovery was supposed to have been in place for years, actual economic growth simply didn’t materialize at the levels promised. At 2% per year, the average growth of the American gross domestic product over the past decade, for instance, has been half the average of 4% before the 2008 crisis. Similar numbers were repeated throughout the developed world and most emerging markets. In the meantime, total global debt hit $247 trillion in the first quarter of 2018. As the Institute of International Finance found, countries were, on average, borrowing about three dollars for every dollar of goods or services created.

Global Consequences

What the Fed (along with central banks from Europe to Japan) ignited, in fact, was a disproportionate rise in the stock and bond markets with the money they created. That capital sought higher and faster returns than could be achieved in crucial infrastructure or social strengthening projects like building roads, high-speed railways, hospitals, or schools.

What followed was anything but fair. As former Federal Reserve Chair Janet Yellen noted four years ago, “It is no secret that the past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.” And, of course, continuing to pour money into the highest levels of the private banking system was anything but a formula for walking that back.

Instead, as more citizens fell behind, a sense of disenfranchisement and bitterness with existing governments only grew. In the U.S., that meant Donald Trump. In the United Kingdom, similar discontent was reflected in the June 2016 Brexit vote to leave the European Union (EU), which those who felt economically squeezed to death clearly meant as a slap at both the establishment domestically and EU leaders abroad.

Since then, multiple governments in the European Union, too, have shifted toward the populist right. In Germany, recent elections swung both right and left just six years after, in July 2012, European Central Bank (ECB) head Mario Draghi exuded optimism over the ability of such banks to protect the financial system, the Euro, and generally hold things together.

Like the Fed in the U.S., the ECB went on to manufacture money, adding another $3 trillion to its books that would be deployed to buy bonds from favored countries and companies. That artificial stimulus, too, only increased inequality within and between countries in Europe. Meanwhile, Brexit negotiations remain ruinously divisive, threatening to rip Great Britain apart.

Nor was such a story the captive of the North Atlantic. In Brazil, where left-wing president Dilma Rouseff was ousted from power in 2016, her successor Michel Temer oversaw plummeting economic growth and escalating unemployment. That, in turn, led to the election of that country’s own Donald Trump, nationalistic far-right candidate Jair Bolsonaro who won a striking 55.2% of the vote against a backdrop of popular discontent. In true Trumpian style, he is disposed against both the very idea of climate change and multilateral trade agreements.

In Mexico, dissatisfied voters similarly rejected the political known, but by swinging left for the first time in 70 years. New president Andrés Manuel López Obrador, popularly known by his initials AMLO, promised to put the needs of ordinary Mexicans first. However, he has the U.S. — and the whims of Donald Trump and his “great wall” — to contend with, which could hamper those efforts.

As AMLO took office on December 1st, the G20 summit of world leaders was unfolding in Argentina. There, amid a glittering backdrop of power and influence, the trade war between the U.S. and the world’s rising superpower, China, came even more clearly into focus. While its president, Xi Jinping, having fully consolidated power amid a wave of Chinese nationalism, could become his country’s longest serving leader, he faces an international landscape that would have amazed and befuddled Mao Zedong.

Though Trump declared his meeting with Xi a success because the two sides agreed on a 90-day tariff truce, his prompt appointment of an anti-Chinese hardliner, Robert Lighthizer, to head negotiations, a tweet in which he referred to himself in superhero fashion as a “Tariff Man,” and news that the U.S. had requested that Canada arrest and extradite an executive of a key Chinese tech company, caused the Dow to take its fourth largest plunge in history and then fluctuate wildly as economic fears of a future “Great Something” rose. More uncertainty and distrust were the true product of that meeting.

In fact, we are now in a world whose key leaders, especially the president of the United States, remain willfully oblivious to its long-term problems, putting policies like deregulation, fake nationalist solutions, and profits for the already grotesquely wealthy ahead of the future lives of the mass of citizens. Consider the yellow-vest protests that have broken out in France, where protestors identifying with left and right political parties are calling for the resignation of neoliberal French President Emmanuel Macron. Many of them, from financially starved provincial towns, are angry that their purchasing power has dropped so low they can barely make ends meet

Ultimately, what transcends geography and geopolitics is an underlying level of economic discontent sparked by twenty-first-century economics and a resulting Grand Canyon-sized global inequality gap that is still widening. Whether the protests go left or right, what continues to lie at the heart of the matter is the way failed policies and stop-gap measures put in place around the world are no longer working, not when it comes to the non-1% anyway. People from Washington to Paris, London to Beijing, increasingly grasp that their economic circumstances are not getting better and are not likely to in any presently imaginable future, given those now in power.

A Dangerous Recipe

The financial crisis of 2008 initially fostered a policy of bailing out banks with cheap money that went not into Main Street economies but into markets enriching the few. As a result, large numbers of people increasingly felt that they were being left behind and so turned against their leaders and sometimes each other as well.

This situation was then exploited by a set of self-appointed politicians of the people, including a billionaire TV personality who capitalized on an increasingly widespread fear of a future at risk. Their promises of economic prosperity were wrapped in populist platitudes, normally (but not always) of a right-wing sort. Lost in this shift away from previously dominant political parties and the systems that went with them was a true form of populism, which would genuinely put the needs of the majority of people over the elite few, build real things including infrastructure, foster organic wealth distribution, and stabilize economies above financial markets.

In the meantime, what we have is, of course, a recipe for an increasingly unstable and vicious world.

Nomi Prins is a TomDispatch regular. Her latest book is Collusion: How Central Bankers Rigged the World (Nation Books). Of her six other books, the most recent is All the Presidents’ Bankers: The Hidden Alliances That Drive American Power. She is a former Wall Street executive. Special thanks go to researcher Craig Wilson for his superb work on this piece.

Follow TomDispatch on Twitter and join us on Facebook. Check out the newest Dispatch Books, John Feffer’s new dystopian novel (the second in the Splinterlands series) Frostlands, Beverly Gologorsky’s novel Every Body Has a Story, and Tom Engelhardt’s A Nation Unmade by War, as well as Alfred McCoy’s In the Shadows of the American Century: The Rise and Decline of U.S. Global Power and John Dower’s The Violent American Century: War and Terror Since World War II.

Copyright 2018 Nomi Prins

On Communication and Patriotism

[thoughts from   ~burning woman~  by Sha’Tara]

I’ve been “blogging” for a few years now, sometimes intensely, sometimes lackadaisically, but always as I see in retrospect, with intent to both, learn from others and express ideas they seem unaware of.  Some would call that teaching, but I am no teacher nor do I aspire to such a task. I’ve also been called a “contrarian” and in all honesty, that label, given to me by Frank Parker (https://franklparker.com/ – have a peek, there’s some cool stuff there!) does carry validity.  I’m not rejecting it even if often what is thought of as merely contradictory is juxtapositions of ideas to create “food for thought” for those too comfortable in their traditional niche of clubbish patting on back.

Blogging is all about communication. For the most part people share blogs between comfort zones having discovered that attempting to communicate across storm-tossed seas of divergent ideas is difficult and, without a great deal of skill in diplomacy, basically impossible.  When I engaged in social media like Facebook I encountered too many “Donald Trump” type Tweetering.  Ignorant comments by ignorant people. I gave that medium up on short order.

WordPress has a different quality of correspondents. Here you can express your own thoughts and even if they stand at odds with those of another blogger there is space to express, allowance for different opinions, at least most of the time. I, who carry a heavy baggage of non-conformist ideas, certainly do appreciate this rubber-matted sparring room.

That said, I had an unfortunate dialogue with a blogger recently that got me labeled as an “attacker” of another person.  Language problem? Perhaps, but I saw it differently. The issue was political and as with religion, most people exist on the cusp here, holding it together with barely restrained emotions.  I try to approach it from a wider pathway but current political events are carried emotionally and very personally. Political people seem to take any and all non-agreeing discussions as personal attacks even when obviously stated as facts used to clarify an issue, i.e., obviously totally non-personal.  The fact is, I’m not at all interested in personal aspects of individuals, at least not until they stand in my face and claim to be my leader or my master. Then I get very interested, very fast.

OK, let’s get down and dirty.  Most political discussions in this neck of the woods will be about America, Donald Trump, Russia, Vladimir Putin, with peripherals of Syria, Iran, North Korea, Israel and the sleeping dragon, China and Xi Jinping. Americans have their own personal understanding and misunderstanding of these things, based on which “fake news” media or social media they get their information from.  Few social medianites actually put their own boots on the ground to garner up-close personal information about the events they spout on about. In fact most of their “reporters” don’t either so in many cases the buffoon is right about his claims of fake news.

One thing for sure, with fresh air exceptions, is that “America” is declared a good place being vilified by crooked, dirty dealing bad hombres, particularly the current Satanic arch-enemy bogey man Putin.  Putin’s crimes have reached to the very gates of heaven.  But what has he done?  Oh, he has dared intervene with force to stop American-backed regime change in Syria and has put enough fear in the hearts of Zionists and Sunni Wahhabis of Saudi Arabia to prevent the planned invasion of Iran as proxies for the USA war machine and oil lobby.

That however isn’t Putin’s worst crime. His worst crime is that he is accused of interfering in US elections.  True or false? What difference can that make when the USA interferes in elections of sovereign countries all over the planet as a matter of course and when the die still won’t go their way, they concoct a reason for an invasion, or a regime change civil war.  History, folks, repeating and repeating history.

But Americans, like all good patriots, need to deflect the sins of their nation, military, international banking and corporate crimes and impute them on others. They need enemies, preferably of course poorly armed and less technologically advanced so as to suffer the least amount of casualties while inflicting the maximum amount.  Anyone remember the invasion of Grenada under Clown Reagan? Anyone know how big a country Grenada is? Anyone know what Grenada’s military strength consisted of?  Imagine a pack of wolves, say about twenty adults in the pack, planning an attack upon a field mouse’s nest. Surprise, the wolf pack won that “war” and the win filled its newspapers with glowing headlines.  Such heroism, it did them proud, that.

They also need a scapegoat for that imputation to work. Vladimir Putin, the front man responsible to “make Russia great again” in actual fact while the buffoon who claimed same for Amerikkka caused it to go in the opposite direction, just happens to be the right kind of guy to demonize. The propaganda has been rolling off the press full bore now for a couple of years at least and by now I’m sure if we looked closely, Putin has red skin, horns growing out of his forehead and a tail with a spearhead on the end. No? Put on your American Patriot Glasses or “APG’s issued by Homeland Security, then you’ll see it too. Don’t be of those left out of Amerikkka’s Vision.

What’s either sad, funny or amazing, is that most Americans are quite unaware they are participating in this war-mongering scenario, just as the German people were quite unaware at first that supporting Hitler would mean millions of them would die, after they slaughtered tens of millions of others, and all for naught.  Well, not exactly, their elites, just as US-based elites are currently doing, would make zillions from the various killing fronts, hiding and laundering those massive profits which they would then use to create ‘the new world order’ under the American Hegemon.  The German people didn’t know this, and neither do their current imitators, the American people. Why not? Because they prefer propaganda over history, that’s why not.

So I was attempting to explain this to a blogger who, I suspected, was aware of these things. But this person chose to ignore the big picture and focus on lambasting the White House buffoon and his family (deservedly so) and say nary a word about the 50% of total government income handed to the military to do with as it sees fit; to ignore the massive war crimes being committed with US weaponry and tactical aid against Yemen, Palestine, Syria, Lybia (yes, that’s still going on!), Iraq (yes, that too is still going on), in northern Africa (you name it, special forces will be in there destabilizing, creating chaos, blazing a path for multinational exploitation of remaining natural resources and enslavement of the work force), and of course Afghanistan (how old is that endless war again? Is it a war on terror, or on protecting the poppy fields? Hah!) I’m sure US military thought is looking at Pakistan also, and perhaps India… but these have nukes… Oh-oh… owie!

One could laugh at such military ineptness from the world’s most powerful military nation with the world’s greatest export of military arsenal, and the equal ineptness of its sidekicks in war crimes: Britain, France, Canada, and probably dribs and drabs of other benighted and equally stupid European Union members of the NATO coalition.  War is always good business, win or lose, for those who ‘fund’ them and provide the guns and who really rules Western “democracies” huh?

This is where it’s at. So I call that blogger a hypocrite for deliberately ignoring the facts of the matter and choosing instead to demonize Vladimir Putin and turn it all around, making it look as if it’s Putin who is fighting all those wars and the honourable peace-maker in all of this is the USA.  But before I made the call, this person had admitted to knowing these facts as well or better than I do.  I then felt justified in calling a spade a spade.  If you are stuffing your face with apple pie and I say that you are eating apple pie, I’m not attacking you, am I?

But I did not reckon with that mind-blinding sickness called patriotism.  ‘My country, may she be always right, but my country right or wrong.’  Indeed, that is the last cry of the patriot.  Truth, facts, reality, these must play second fiddle to my country’s right to be always “right” and all others who disagree, to be always wrong.  And woe to them if I decide they are wrong: I have the might to punish such temerity and the propaganda machine to make it all seem so legitimate.

Communication, then, must bow to the superior patriotic mind.

The pen is not mightier than the sword at all.  All the pen is allowed to do is promote and extol the sword or stick to making shopping lists.

 

Is there a Collective Unconscious and a Collective Dream?


[thoughts from ~burning woman~ by Sha’Tara

(Introduction) From Wikipedia, the free encyclopedia:

Collective unconscious (German: kollektives Unbewusstes), a term coined by Carl Jung, refers to structures of the unconscious mind which are shared among beings of the same species. According to Jung, the human collective unconscious is populated by instincts and by archetypes: universal symbols such as The Great Mother, the Wise Old Man, the Shadow, the Tower, Water, the Tree of Life, and many more.

Jung considered the collective unconscious to underpin and surround the unconscious mind, distinguishing it from the personal unconscious of Freudian psychoanalysis. He argued that the collective unconscious had profound influence on the lives of individuals, who lived out its symbols and clothed them in meaning through their experiences. The psychotherapeutic practice of analytical psychology revolves around examining the patient’s relationship to the collective unconscious.

Psychiatrist and Jungian analyst Lionel Corbett argues that the contemporary terms “autonomous psyche” or “objective psyche” are more commonly used today in the practice of depth psychology rather than the traditional term of the “collective unconscious.”[1]

Critics of the collective unconscious concept have called it unscientific and fatalistic, or otherwise very difficult to test scientifically (due to the mythical aspect of the collective unconscious).[2] Proponents suggest that it is borne out by findings of psychology, neuroscience, and anthropology. [end of Wikipedia introduction]


In a recent post I wrote about an interesting dream I had involving certain “symbolic characters” currently much in the collective mind: Donald Trump as president of the USA, his press secretary, KellyAnn Conway, and the White House represented by a “Black House” in the dream.

Since, I have met one other person who had a similar dream on or about the same time I did, involving Donald Trump asking for help. 

In the comments section of my article, Katharine Otto  ( https://katharineotto.wordpress.com/ ) wrote: “Sha’Tara,  Your dream has been working on me since I wrote the above, and I do indeed believe you are functioning as a catalyst. I believe Trump is also a catalyst, in that he is rattling so many cages, but he can’t control outcomes. The outcome (or outcomes) depends on how we as Earthians deal with the changes. We do have the opportunity to uplevel individual and group experiences, maybe with a little help from our more evolved, extra-terrestrial friends, whoever or whatever they may be.

Maybe in a group-dreaming mode, we can dream up some visions of the kind of society we would like to inhabit.

Is there a collective unconscious (or objective psyche) and could this involve a kind of collective dreaming involving those free-er minds no longer bound by belief systems as promoted by organized religion or atheistic scientific materialism?  That somewhere between these antagonistic extremes exists a subtle reality preventing extremism from totally destroying a living sphere; a reality that dreamers can access and input into, thus adding to its power to dampen or control volatile conditions brought on by excessive greed and predatory lust leading to insatiable appetites for the predators; fear and uncertainty for their victims?

The “Teachers” warned me time and again not to embroil myself into the physical struggle for balance in the worlds of religion, politics and money.  They cautioned me not to “take sides” by exercising my voting “rights” as all such moves reveal a sense of powerlessness on my part and a gloating on the part of the enemy. 

Recently I compared the political processes world-wide as a game of snakes and ladders.  “They” cast the dice, we walk the line only to rise, then fall in turn.  “They” are the gamers, we the pawns.  Thus it always was, thus it always will be, until perhaps, as Katherine points out, more and more of us are drawn into the dream, expanding that gentle realm until the extremes dry out from lack of food. What is the extremist’s food? Violence.

The lesson of non-involvement through detachment is harsh and apparently pointless.  The dreamers are the conchies or conscientious objectors, not just to war, but towards all forms of violence.  All violence is always, without exception, an extreme counter life force.  All types of competitive behaviour is based in violence, like it or not.  Is voting then a from of violence? Yes it is because it’s a competition, a vicious game.  It is a religion, the  support of one’s particular “household gods” in the hope that they will bring peace, or if not, then the defeat of the enemy, whatever and whomever that enemy is – in politics, religion or finance there is always an enemy and all of it results in competitive behaviour and that always results in victimization, suppression, oppression, marginalization and often the genocide of innocent victims.

Who is the enemy of religion, politics and finance? The answer is obvious: me, if I dare become an individual who refuses to offer innocent sacrifices on the altars of oppressive and oppressing “divinities”.  Me, the self empowered who dares enter into the collective unconscious dream and therein draw off power from death-dealing structures to engender new life.  From this place I am neither heroine nor victim: I just am.