The Gnomes of Zurich , Wilson Re-Visited

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rogerglewis 10:25 am on October 6, 2017 Permalink | Reply | Edit | Follow 

#107: War-games 

The Gnomes of Zurich. Wilson revisited
WHY SOMEONE IN BRITAIN NEEDS TO GET A GRIP
Britain’s opposition Labour party incurred a lot of media displeasure with the recent disclosure that it had contingency plans to cope with a run on sterling. In fact, such “war gaming” was nothing more than prudent. Indeed, it is to be hoped that the authorities, too, have such plans (though, of course, it would be madness to say so).
The thinking behind Labour’s plans was that, were left-leaning party leader Jeremy Corbyn to become premier, some of his policies (and especially his commitment to nationalization) might panic international markets, causing GBP to crash in a welter of capital flight. On this scenario, it seemed – even a couple of weeks ago – that there would, at least, be plenty of time to prepare. After all, few expected an election to be called in the near future.
As things now stand, and…
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What is ‘Capitalism’
“Capitalism is an economic system in which capital goods are owned by private individuals or businesses. The production of goods and services is based on supply and demand in the general market (market economy), rather than through central planning (planned economy or command economy). The purest form of capitalism is free market or laissez-faire capitalism, in which private individuals are completely unrestrained in determining where to invest, what to produce or sell, and at which prices to exchange goods and services, operating without check or controls. Most modern countries practice a mixed capitalist system of some sort that includes government regulation of business and industry”.
http://www.investopedia.com/terms/c/capitalism.asp
What is Populism
“The recent Euro crisis has shown a fact that is relatively obvious for observers of Latin American and US politics, namely, that populism can be both right-wing and left-wing in nature, but has two opposing terms which together define it: elitism and pluralism.”
https://www.opendemocracy.net/can-europe-make-it/crist%C3%B3bal-rovira-kaltwasser/populism-its-opposites-and-its-contentious-relationsh
Contrasting Capitalism qua Capitalism and Democracy qua Democracy points to the Linguistic obstacles that littler the Path of any politician or person in a leadership role who wishes to Promote a larger overarching focus to bind together everyone even those who didn´t vote for them. “The British Dream”, “The Big Society”
Definitions are notoriously slippery things when you get going with them and to make any sense boundary conditions have to be drawn and they have to be very clearly stated.
“every living thing can become healthy, strong and fruitful only within a horizon; if it is incapable of drawing a horizon around itself or, on the other hand, too selfish to restrict its vision to the limits of a horizon drawn by another, it will witheraway feebly or overhastily to its early demise. Cheerfulness, clear conscience,the carefree deed, faith in the future, all this depends in the case of an individual as well as of a people, on there being a line which distinguishes what is clear and in full view from the dark and unilluminable; it depends on one’s being able to forget at the right time aswell as to remember at the right time; on discerning with strong instinctual feelings when there is need to experience historically and when unhistorically.Precisely this is the proposition the reader is invited to consider:the unhistorical and the historical are equally necessary for the health of an individual, a people and a culture. “Friedrich Nietzsche: 1844-1900
Free Market or Laissez-Faire Capitalism is littered with contradictions as are Concepts of Democracy and Populism.
Money then enters into the heart of it all. Who creates the Money, or he who owns the Gold makes the Rules. This boundary condition is hardly ever clearly stated in fact in Current Economics orthodoxy both Money and Politics is excluded by the Hidden hand which lurks godlike in the wigs to work its magic and mete out its punishments to the errant.
Of course, then we come to the Geo-Political and Energy Based economics, International Trade, Oil and Reserve currencies. He who controls the Money Controls the Oil Makes the Rules.
Elitism or Pluralism? Catalonia, Rhojva, Crimea, Syria, Libya, Saudi, Qatar…
´´but criticism should have been directed rather at the hypocrisy and lack
of realism in the ideals of the wartime propaganda and at the lack of honesty of the chief negotiators in carrying on the pretence that these ideals were still in effect while they violated them daily, and necessarily violated them. The settlements were clearly made by secret negotiations, by the Great Powers exclusively, and by power politics. They had to be. No settlements could ever have been made on any other bases. The failure of the chief negotiators (at least the Anglo-Americans) to admit this is regrettable, but behind their
reluctance to admit it is the even more regrettable fact that the lack of political experience and political education of the American and English electorates made it dangerous for the negotiators to admit the facts of life in international political relationships.”
Carol Quiggley Tradgedy and Hope-
Quiggleys words.p.232 tragedy and Hope.
The Gnomes of Zurich, Alive and well living in wall Street.

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