Piigs Ignorance, Peak Oil Primitivism and The Road Out of Serfdom

PIIGS IGNORANCE, PEAK OIL AND THE ROAD OUT OF SERFDOM

3 Strikes Swine Flu 1, 2 , 3 – Creorder Out of Covidstroika chaos. Never let a good myth go to waste , Population Population Population. Gatekeepers, Controlled Opposition, Useful idiots


THE PLAN TO RULE THE WORLD – MICHAEL COFFMAN

https://www.bitchute.com/video/1TvdtFhoGX4s/

http://leconomistamascherato.blogspot.com/2011/09/is-carbon-currency-endgame.html

Now You See Me? The Carbon Currency End Game #CovidPurpose #Distraction

The Road to Serfdom, Directions from a Blind Man. ( I would not start from here?) Krugman, De-Long, Keen , Varafoukis.) Lietaer and Kreutz, Who He?

https://economistsview.typepad.com/economistsview/2006/06/what_ended_serf.html

Serfs Up!SYNOPSIS:

James Surowiecki writes fine columns, and this one is no exception. But he’s got the story of the effects of the Black Death on serfdom backwards. He – and anyone else curious about history – should read Evsey Domar’s classic 1970 paper “The causes of slavery or serfdom: a hypothesis.” (Sorry, doesn’t seem to be available online.)

Here’s what Surowiecki says: “The Black Death helped undermine feudalism. The population decline was so severe that the individual’s labor grew more valuable, which enabled serfs to abandon their lords and become tenant farmers or urban workers. ” That sounds plausible, but it’s not the way it happened. According to Domar, serfdom actually withered away before the Black Death, as European population grew close to its Malthusian limit. The puzzle is why serfdom wasn’t reinstituted after the Black Death.

Domar was motivated by his knowledge of Russian history. Serfdom in Russia, he knew, wasn’t an institution that dated back to the Dark Ages. Instead, it was mainly a 16th-century creation, contemporaneous with the beginning of the great Russian expansion into the steppes. Why?

He came up with a simple yet powerful insight: there’s no point in enslaving or enserfing a man unless the wage you would have to pay him if he was free is substantially above the cost of feeding, housing, and clothing him.

Imagine a pre-industrial society where population is pressing on limited land supplies, and the marginal product of labor – and hence the real wage rate under competitive conditions – is barely at subsistence. In that case, why bother establishing property rights in human beings? It costs no more to hire a free worker than to feed an indentured laborer. Indeed, by 1300 – with Europe very much a Malthusian society – serfdom had withered away from lack of interest.

But now suppose that for some reason land becomes abundant, and labor scarce. Then competition among landowners will tend to push up wages of free workers, and the ruling class will try, if it can, to pin peasants down and prevent them from bargaining for a higher standard of living. In Russia, it was all about gunpowder: suddenly steppe nomads were no longer so formidable, and the rich lands of the Ukraine were open for settlement. Serfdom was an effort to keep peasants from taking advantage of this situation. (And if I’ve got it right, those who were venturesome enough to run away and set up outside the system became Cossacks.)

Meanwhile, the New World opened in the west. Sure enough, the colonizing powers tried various forms of indentured servitude – making serfs of the Indians in Spanish territories, bringing over indentured servants in Virginia. But eventually they hit on a better solution, from their point of view: importing slaves from Africa.

Here’s the puzzle. In Europe circa 1100, with population scarce, serfdom was useful to the ruling class. By 1300 it wasn’t, and had been allowed to drift away. But after 1348 it should have been worthwhile again. Yet it wasn’t effectively reimposed. There were attempts to restrain wages and limit labor mobility, as well as attempts to tax the peasants (Wat Tyler’s rebellion fits into all this.) But all-out feudalism didn’t return. Why?

And an even bigger question: why hasn’t indentured servitude made a comeback in the modern era? Yes, I know, human rights and all that – but if it was profitable to have indentured servants in the modern world, I’m sure that Richard Scaife’s think tanks would have no trouble finding justifications, and assorted Christian groups would explain why it’s God’s will.

Anyway, have to get back to real work. But try to find a copy of Domar’s paper and read it.

Originally published on the Official Paul Krugman Page, 5.8.03

https://www.newyorker.com/magazine/2007/02/19/troubled-waters-over-oil

https://www.newyorker.com/magazine/2007/02/19/troubled-waters-over-oil

https://en.wikipedia.org/wiki/Domar_serfdom_model
http://library.lol/main/5FA78326FD01EFF38732C088E1598385

The Median is Not the Message. Skewed distributions and Long Tails! #Gould v #Taleb Naming Names with John Ward at the Slog.


http://piketty.pse.ens.fr/files/Domar1970.pdf

http://library.lol/main/5FA78326FD01EFF38732C088E1598385
https://web.archive.org/web/20000914200103/http://cowles.econ.yale.edu/P/cp/p00a/p0033.pdf

Still About Oil . ‘Weapondollar-Petrodollar Coalition’ . Differential Accumulation, When Big Energy and Big Data Collide.

https://notthegrubstreetjournal.com/?s=Differential+Accumulation
https://notthegrubstreetjournal.com/?s=Table+Talk+Coleridge

https://web.archive.org/web/20210511201602/http://www.isreview.org/issues/46/shelley.shtml

re-branding-dissent/ Branding The Grub Street Journal, Prescience and GolemXIV Blog #GrubStreetJournal #DangerousKnowledge #GolemXIV #TheSlog #FinancialEyes

https://www.golemxiv.co.uk/2014/07/disloyal/


the US Treasury paid a sum, termed a Foreign Tax Credit, to the Saudi Government to insure the flow of cheap Saudi oil that was, in effect, bankrupting domestic US independent oil producers. The ARAMCO American oil companies got away with paying no taxes either in the US or in Saudi Arabia.10

10 John M. Blair, The Control of Oil, New York, Pantheon Books, 1976, pp. 197-199.

AV3 – IAN R CRANE – THE GREEN AGENDA AND POPULATION REDUCTION

VI. SCIENCE AND THE EUGENISTS

The key fact in the new development of plutocracy is that it will use its own blunder as an excuse for further crimes. Everywhere the very completeness of the impoverishment will be made a reason for the enslavement; though the men who impoverished were the same who enslaved. It is as if a highwayman not only took away a gentleman’s horse and all his money, but then handed him over to the police for tramping without visible means of subsistence. And the most monstrous feature in this enormous meanness may be noted in the plutocratic appeal to science, or, rather, to the pseudo-science that they call Eugenics.

UTOPIA OF USURERS G K Chesterton.

3 Strikes Swine Flu 1, 2 , 3 – Creorder Out of Covidstroika chaos. Never let a good myth go to waste , Population Population Population. Gatekeepers, Controlled Opposition, Useful idiots

http://www.koreaittimes.com/news/articleView.html?idxno=104093

THE TRIAL OF THOMAS HARDY (POLITICAL REFORMER)

Wheres the Beef, Meat and Two veg or boiled beef and carrots. Tyranny of the Vegans. Brick in the wall. Hole in the wall.A WARNING FROM TOMORROW . Solarium from Ike to Trump. #CovidPurpose #FollowtheDebt #DebtServitude #Goodwillhunting #Wheresthebeef #KarlRove

FreeTrade Vs Free Markets. The Camera Obscura of the Elite Propaganda discombobulation.

#MOABS Mother of all bumper stickers. Putnam on Throwing the Baby out with the Bathwater. Web 3 its really a P2P end to end encryption Thang!

https://www.bitchute.com/channel/xXu1IS3mTl5V/
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