SIX WAYS TO SUNDAY, DEEP STATE AND FAKE NEWS ( MORE ON DISTORTED NARRATIVES, DIVIDE AND RULE)
August 25, 2017 rogerglewis Uncategorized One comment
Authentic Discourses on Decisions to Act.
A golden Rule in folklores Canon
holds what’s sauce for the goose is sauce for the Gander
do unto others that which to you would be done
thus applied in discussion, we should always avoid slander.
Leave at the first introduction
the habits of Authority and induction
When those listening seem deaf to what you tell
refrain if you please from poisoning the well
if your working hypothesis requires certitude
refrain from tailoring cloth that renders the emperor nude
If to your point, you wish others to allude
refrain from a hypocritical sneering attitude.
When your correspondent appeals to evidence
consider their sources, were they well meant?
In all matters, skepticism will serve you with equivalence
and always remember to mistrust the Government.
There is a very funny Jack Black sketch in one of the series of films with his side Kick when he invents something called inward singing. He claims and then proceeds to demonstrate that you can get twice the amount of feeling into your singing if you sing when you breathe in as well as when you breathe out. It’s a funny notion and the title here Back to Work and Enough is enough refers to the paradox of getting back to work might need to be achieved by Not Working.
I support the RMT action and feel a more widespread pushback is required against the Technocratic spreadsheet jockeys and their ridiculous time and motion theories.
As I am coming back up+ to the 3rd anniversary of the re-launch of the Old RLD business and group of companies now in the form of Home@ix Group. I have returned to work and done very little else for the past 3 years. I enjoy work and the sense of mission that Home@ix brings with it has been great fun and hugely rewarding. Along the way, I have drawn upon a well of learning garnered from 17 years of experiences accessible by not having had to work.
Anyway just some links, the context in which I mean them I will explain it another day.
That is the side of the story in the Dominant Narrative I refute it Thus, and across this blog I criticise this timonistic and Misanthropic Narrative against The Human Race.
Cynics saw what people could be & were angered by what they had become; Timonists felt humans were hopelessly stupid & uncaring by nature & so saw no hope for change. * 1988 , Paul Ollswang, “Cynicism”:Paul Ollswang, “Cynicism: A Series of Cartoons on a Philosophical Theme”, January 1988, page B at official site; repr. in The Best Comics of the Decade 1980-1990 Vol. 1 , Seattle: (Fantagraphics Books), 1990, ISBN 1-56097-035-9, p. 23. **:
My own influences and Heroes come in for criticism too Like this.
In case you wonder how West’s mind came to reach this odd point of convergence between Chekhov and Christ, he is happy to explain the intellectual path that led him to such dizzying heights of insight. “Despite my Chekhovian Christian conception of what it means to be human – a view that invokes pre-modern biblical narratives,” West writes. “I stand in the skeptical Christian tradition of Montaigne, Pascal and Kierkegaard …My Chekhovian Christian viewpoint is idiosyncratic and iconoclastic. My sense of the absurdity and incongruity of the world is closer to the Gnosticism of Valentinus, Luria or Monoimos … My intellectual lineage goes more through Schopenhauer, Tolstoy, Rilke, Melville, Lorca, Kafka, Celan, Beckett, Soyinka, O’Neill, Kazantzakis, Morrison and above all, Chekhov … And, I should add, it reaches its highest expression in Brahms’s ‘Requiem’ and Coltrane’s ‘A Love Supreme.’” The conservative writer David Horowitz rightly asses this screed of self-importance as “worthy of a character out of Moilere.”
Perhaps, if President Obama had only spent a little more time listening to the Brahms “Requiem,” or scratched his Gnostic itch a bit more, all would be well. But, I doubt it. For, as West admits, his problems with the President exist not only at the level of ideas. He was unable to secure tickets to the inauguration for his brother and mother, and Obama does not return his phone calls. There it is. Cornell West, unable to matter in the world of ideas because he has none, wants to matter in the world of politics, but he can’t get his phone calls returned. “My personal words had to do with being disrespected by the President,” West recently tweeted. Sorry, Professor: You have spent a lifetime disrespecting yourself by the rank stupidity of your writings. I am glad the President does not return his phone calls. I wouldn’t either.
“What happened here was the gradual habituation of the people, little by little, to being governed by surprise; to receiving decisions deliberated in secret; to believing that the situation was so complicated that the government had to act on information which the people could not understand, or so dangerous that, even if the people could understand it, it could not be released because of national security. And their sense of identification with Obama, their trust in him, made it easier to widen this gap and reassured those who would otherwise have worried about it.”
… and this machine doesn’t
The quote isn’t originally about Obama, although every single part of the statement can be found, explicitly or indirectly, in the government’s defense in the Snowden/NSA scandal.
Replace “Obama” with “Hitler”, and you have the original. It’s from Milton Mayer’s classic They Thought They Were Free: The Germans, 1933-45, and the words are those of a university colleague of the author, explaining “the ever widening gap, after 1933, between the government and the people.”
Oh well, maybe the USA isn’t a fascist state after all.
My aim is not to provide excuses for black behavior or to absolve blacks of personal responsibility. But when the new black conservatives accent black behavior and responsibility in such a way that the cultural realities of black people are ignored, they are playing a deceptive and dangerous intellectual game with the lives and fortunes of disadvantaged people. We indeed must criticize and condemn immoral acts of black people, but we must do so cognizant of the circumstances into which people are born and under which they live. By overlooking these circumstances, the new black conservatives fall into the trap of blaming black poor people for their predicament. It is imperative to steer a course between the Scylla of environmental determinism and the Charybdis of a blaming-the-victims perspective.
from Race Matters. Cornell West.
“We must now take precautions to prevent you from being embarrassed by something in which the ignorant majority is at fault for lack of proper consideration, and so from supposing with them, that man has not been created truly good simply because he is able to do evil. … If you reconsider this matter carefully and force your mind to apply a more acute understanding to it, it will be revealed to you that man’s status is better and higher for the very reason for which it is thought to be inferior: it is on this choice between two ways, on this freedom to choose either alternative, that the glory of the rational mind is based, it is in this that the whole honor of our nature consists, it is from this that its dignity is derived.” Pelagius
In the introduction to his play Socrates on Trial (2007), Andrew Irvine claimed that because of his loyalty to Athenian democracy, Socrates willingly accepted the guilty verdict voted by the jurors at his trial: During a time of war, and great social and intellectual upheaval, Socrates felt compelled to express his views, openly, regardless of the consequences. As a result, he is remembered today, not only for his sharp wit and high ethical standards, but also for his loyalty to the view that, in a democracy, the best way for a man to serve himself, his friends, and his city – even during times of war – is by being loyal to, and by speaking publicly about the truth. https://en.wikipedia.org/wiki/Meno
“Some things I have said of which I am not altogether confident. But that we shall be better and braver and less helpless if we think that we ought to enquire, than we should have been if we indulged in the idle fancy that there was no knowing and no use in seeking to know what we do not know; that is a theme upon which I am ready to fight, in word and deed, to the utmost of my power.”
Climate Change, Land Use and Monetary Policy: The New Trifecta
”The monetary and financial system of an economy are part of the socio-politico-economic control mechanism used by every state to connect the economy with the polity and society. This neural network provides the administrative means to collect taxes, direct investment, provide public goods, trade. The money measures provide a crude but serviceable basis for the accounting system which in turn, along with the codification of commercial law and financial regulation are the basis for economic evaluation and the measurement of trust and fiduciary responsibility among the economic agents. A central feature of a control mechanism is that it is designed to influence process. Dynamics is its natural domain. Equilibrium is not the prime concern, the ability to control the direction of motion is what counts.
Money and financial institutions provide the command and control system of a modern society. The study of the mechanism, how they are formed, how they are controlled and manipulated and how their influence is measured in terms of social, political, and economic purpose pose questions, not in pure economics, not even in a narrow political economy, but in the broad compass of a political economy set in the context of society. ” Martin Shubick,
Notes from the talk:
Gold was primarily an energy currency because more energy meant more gold, and cheaper energy made cheaper gold.
Gold standard broke down when the Spanish raided America and then Spain started to import everything and lost their interest in making things themselves.
The curse of oil — too sudden an influx of money.
If you have a source of energy under your control, then you have the power to decide what is done.
Importing energy is like a loss of sovereignty.
https://archive.org/details/controlofoil00blai_0
“The term capital is one of the major reasons that we seem to be unable to have an intelligent conversation about the economy. Because the term capital; it’s actually the same in business school, in business school you use the terms, resources, assets, and capital. I think those are the ones that come to mind immediately. None of those tell you whether the person using the term is talking about a real resource like land or a building, or technology, or human skills, or any of the things that are absolutely
essential to life into a productive process. Or whether they are simply talking about money which properly
understood is nothing but an accounting chip you think about it there is nothing outside the human mind that can recognize it, it’s totally intangible and the fascinating thing is we organize our economy around the idea that money is the ultimate constraint, Wow!”
The phrase “auri sacra fames” was appropriated by the ever erudite Keynes as the title of a September 1930 polemic against the gold standard. Of more than passing interest, Keynes seems to hint that his is an indictment of the central bankers of his day for hoarding gold — sacra fames! — thereby crippling the gold standard, rather than an indictment of the gold standard itself:
There is a real World War going on. It has nothing to do with the common applied terms of war as we have been conditioned to know of bombs, bullets, and death there from. It is a war of population control and management.
What are the objectives of this war of the controllers? Final Jeopardy Question!! Tic, tic, tic. Final answer: Population management and control where the end result has an ongoing conversion of wealth in place whereby the population is managed as a “Productivity Unit,” with most of that productivity going into the hands of the controllers. Nothing new here, that game-plan has been in effect from before the times of the Egyptian Pharaohs.
To the Cabal it does not really matter if the conversion takes place during peaceful times, brutality by conventional war, or under democracy, communism, fascism, or forced or voluntary servitude. All that matters is that the conversion takes place.
When you look at world events, to understand what is going on all you have to do is ask yourself; Who benefits (profits)? Walter Burien
When this push comes to shove play goes into effect, here is the silver bullet as they call it to cancel out the Cabals final step for world wealth conversion into their hands;
Let the dollar be backed by a commodity index which includes; grains, metals, produce; domestic stock; energy; etc. Here it will not be the golden rule but the productivity value of the countries commodity production.
Doing this will really put a hiccup (to say the least) in the Cabal’s plan for final conversion through their hoarding of gold since 1963. (The Cabal won’t get killed, they just won’t make a killing) It will also be a just economic environment world wide being that each country’s currency will now maintain or grow in its value based on that country’s own productivity in physical resources not “exclusively” on who owns the gold.
I cannot emphasize enough the importance of what is said in the paragraph above. It is the difference between primary failure of the Cabal’s last step and significant success accomplished for the people. Walter Burien
PS: Back to who Benefits? It was not a few countries from the Middle East or the people therein who have had their resources plundered, a million or so of their people killed, who are now facing totalitarian rule by an externally placed and managed puppet regime.
Look closely at reality and not well managed marketed hype designed with specific objectives harmonized with well orchestrated and promoted events designed to accomplish the Cabal’s master plan.
If We The People do not get a grip, and then regain control, we will all suffer dire consequences for not having done so. One voice can turn into a million and a million can change the World. Focus on the basics and stop scattering like minnows every time the Cabal throws a rock in the pond. Catch the rock before it hits the water and throw it back, or even better yet, take the rock out of their hand in the first place.
”There is no Science, the Study of which is more useful and commendable than the Knowledge of the true Interest of one’s Country; and perhaps there is no Kind of Learning more abstruse and intricate, more difficult to acquire in any Degree of Perfection than This, and therefore none more generally neglected. Hence it is, that we every Day find Men in Conversation contending warmly on some Point in Politicks, which, altho’ it may nearly concern them both, neither of them understand any more than they do each other.
Thus much by way of Apology for this present Enquiry into the Nature and Necessity of a Paper Currency. And if any Thing I shall say, may be a Means of fixing a Subject that is now the chief Concern of my Countrymen, in a clearer Light, I shall have the Satisfaction of thinking my Time and Pains well employed.
To proceed, then,
There is a certain proportionate Quantity of Money requisite to carry on the Trade of a Country freely and currently; More than which would be of no Advantage in Trade, and Less, if much less, exceedingly detrimental to it.
This leads us to the following general Considerations.” http://founders.archives.gov/documents/Franklin/01-01-02-0041
“Paper is poverty…it is the ghost of money, and not money itself.” Thomas Jefferson,
It’s genuine. It’s from a 1788 letter to Edward Carrington. I’ve added it to the quotes page.—KHirsch 15:20, 11 November 2009 (UTC)
Waiting for something bad to happen
4,586 views
20 Oct 2014
I think Friday saw a power-shift from the central banks to the global private banks. I think the global banks served notice that the Central bank plan of 1) reining in the risk-taking of the TBTF banks and 2) stimulating growth in the real economy is now dead in the water. There is a new plan.
I think Friday saw a power-shift from the central banks to the global private banks. I think the global banks served notice that the Central bank plan of 1) reining in the risk-taking of the TBTF banks and 2) stimulating growth in the real economy is now dead in the water. There is a new plan. (Let me apologise now for this video being too long. I really did try half a dozen times to make it shorter. I failed. )
Couple of things I forgot to mention in the video.
Lobbying in the US by the financial/Insurance and Real Estate sector in 2014 stands at $249,342,399. Its been above $450 million every year since 2008.
According to the Sunlight Foundation, Mr Melvin L. Watt, head of the FHFA, had received some 45 percent of his total campaign funds in 2009 from donors in the finance and real estate sector.
(03:54)
So last week we had this wonderful quote from a man called Stephen Schwarzman,
who is CEO of Blackstone, the big investment house,
and he was asked, well, while all of this turmoil has been going
on in the market, what have Blackstone been doing?
And he said that their
“Our credit unit has been patiently waiting for something bad to happen”.
Stephen Schwarzman,CEO of Blackstone 2014
You’ve got to love that quote.
I mean, that’s up there with Lloyd Blankfein, CEO of Goldman Sachs, talking about doing god’s work.
I think he put the two quotes together. And Mr.Schwarzman has just told us what the financial god’s work is.
It’s to just stand around waiting for something bad to happen to people so that you can profit from it,
Beneath are the links I used in the video roughly in the order I used them.
EVENT 201 WITH HIND SIGHT, WAS IT A MONETARY EVENT.HAVE WE GONE DIRECT #CBDC #CARBON CURRENCYENDGAME
5.50 GDP scenarios. Event 201 Pandemic Exercise: Segment 3, Finance Discussion
https://en.wikipedia.org/wiki/David_Malone_(independent_filmmaker)
Icon Earth
Synopsis
For 20 years the image of the earth floating in space has been adopted by environmentalists to suggest the planet’s wholeness and vulnerability, as a challenge to industrialism and consumerism. But the meaning of the icon is changing with the advent of global telecommunications and finance. The program explores the implications of these changes and asks what the future holds.
Series
Horizon, Series
No one should say that analyzing all of these variables is easy, it is always a temptation to blank out the conclusions and opinions of other people with who we might disagree or even just dis-like. Availability of Energy is extremely important piecing together the opaque picture is clearly in the interests of all even those seemingly most interested and closest to immediate implications of conclusions reached and acted upon.
Everything living evolves, but humans evolve culturally as well as biologically, and that puts us in a peculiar relation to the rest of life, with a peculiar responsibility. If we can understand how cultural evolution works, we’ll have a better handle on how to manage our responsibilities. The question that Ehrlich has been exploring lately is whether cultural evolution really does show patterns that would yield predictive theory. He now has data from Polynesian canoes that indicate the answer is yes, cultural evolution is patterned enough to predict with. We can discover a new way to comprehend our own behavior and perhaps influence it to the benefit of life. Entomologist and population biologist Paul Ehrlich is President of Stanford’s Center for Conservation Biology, author and co-author of books ranging from “The Population Bomb”: http://www.amazon.com/Population-Bomb… (1968) to “One With Nineveh”: http://www.amazon.com/One-Nineveh-Pol… (2004), recipient of many awards, including a MacArthur Fellowship, the Blue Planet Prize, and the Nobel-level Crafoord Prize.
Via trade and other cultural activities, “ideas have sex,” and that drives human history in the direction of inconstant but accumulative improvement over time. The criers of havoc keep being proved wrong. A fundamental optimism about human affairs is deeply rational and can be reliably conjured with. Trained at Oxford as a zoologist and an editor at “The Economist” for eight years, Matt Ridley’s is the author of “The Rational Optimist: How Prosperity Evolves”. His earlier works include “Francis Crick”; “Nature via Nurture”; “Genome”; and “The Origins of Virtue”. “Deep Optimism” was given on March 22, 02011 as part of Long Now’s Seminar series. The series was started in 02003 to build a compelling body of ideas about long-term thinking from some of the world’s leading thinkers. The Seminars take place in San Francisco and are curated and hosted by Stewart Brand. To follow the talks, you can:
THE STARTING POINT
The economics of mineral scarcity were summed up in the 1952 report of the
Paley Commission (1). One member was my great teacher, Edward Mason of
Harvard (2). As Boswell said of Johnson:
His superiority over other learned men consisted chiefly in … a certain continual power
of seizing the useful substance of all that he knew, and exhibiting it in a clear and forcible
manner; so that knowledge, which we often see to be no better than lumber in men of dull
understanding, was, in him, true, evident and actual wisdom.
As Mason might have said about mineral scarcity: Forget about running out
of anything. What counts is the cost of new supply. To know this cost, follow
the price, generated not in The Market, but in a particular market. The price in
the market may reflect not only supply and demand, but also control by one or
a few sellers, who can act together to offer less and charge more. So detecting and allowing for market control is high on the agenda for understanding
price.
ABSTRACT
The crude oil and natural gas markets have a long colorful history. To understand
them, one needs some economic theory. The dominant view, of a fixed mineral stock, implies that a unit produced today means one less in the future. As
mankind approaches the limit, it must exert ever more effort per unit recovered.
This concept is false, whether stated as common sense or as elegant theory. Under competition, the price results from endless struggle between depletion and
increasing knowledge. But sellers may try to control the market in order to offer
less and charge more. The political results may feed back upon market behavior.
These factors—depletion, knowledge, monopoly, and politics—must be analyzed
separately before being put together to capture a slice of a changing history
No one should say that analyzing all of these variables is easy, it is always a temptation to blank out the conclusions and opinions of other people with who we might disagree or even just dis-like. Availability of Energy is extremely important piecing together the opaque picture is clearly in the interests of all even those seemingly most interested and closest to immediate implications of conclusions reached and acted upon.
No Stephen I would not wish to indulge your wish for a “Long Bet ” for charity or indeed for profit.
and John Adams, I have posted a detailed blog of the differences of emphasis which Tim and I have regarding Energy Based economics and the interpretation of the historical course of Political Economy in the Age of Capital. ( Kapital).
Quarterly, is it, money reproaches me:
‘Why do you let me lie here wastefully?
I am all you never had of goods and sex.
You could get them still by writing a few cheques.’
So I look at others, what they do with theirs:
They certainly don’t keep it upstairs.
By now they’ve a second house and car and wife:
Clearly money has something to do with life
—In fact, they’ve a lot in common, if you enquire:
You can’t put off being young until you retire,
And however you bank your screw, the money you save
Won’t in the end buy you more than a shave.
I listen to money singing. It’s like looking down
From long french windows at a provincial town,
The slums, the canal, the churches ornate and mad
In the evening sun. It is intensely sad.
”The monetary and financial system of an economy are part of the socio-politico-economic control mechanism used by every state to connect the economy with the polity and society. This neural network provides the administrative means to collect taxes, direct investment, provide public goods, trade. The money measures provide a crude but serviceable basis for the accounting system which in turn, along with the codification of commercial law and financial regulation are the basis for economic evaluation and the measurement of trust and fiduciary responsibility among the economic agents. A central feature of a control mechanism is that it is designed to influence process. Dynamics is its natural domain. Equilibrium is not the prime concern, the ability to control the direction of motion is what counts.
Money and financial institutions provide the command and control system of a modern society. The study of the mechanism, how they are formed, how they are controlled and manipulated and how their influence is measured in terms of social, political, and economic purpose pose questions, not in pure economics, not even in a narrow political economy, but in the broad compass of a political economy set in the context of society. ” Martin Shubick,
“Roger, you have posted numerous comments linking to the same site, presumably your own. If you’ll refrain from doing that for a period, that would be helpful.”
Hi Tim, I have also been studying the monetary system and particularly Energy Economics for quite a long time, Soddy’s Work and also the Work of Technocracy back in the 1930’s was alive to the point. As such when I link to my own Blog it is to the full extent of the references I have made to those questions.
The Internet is about Links, Hyper text Transfer Protocol .(HTTP) and ( “URL’s )(Uniform Resource Locator’s) is a way of addressing Meta data and searching for needles in haystacks and for attribution.
I also make video and link to those, Search engine optimisation is very much driven by link backs and cross-references and my linking as well as providing source material is designed to bring traffic back to this Blog.
Strawmanning of argumentation is a ubiquitous feature of the internet as is forum sliding and de-platforming both subtle covert and overt. All these things are relevant to Media outlets that challenge established Narratives.
Mark Carney’s recent sermons on Net Zero Carbon and punishment for those who refuse to buy into the narrative and the ( Carbon Credits) and Yannis Varafoukis’s recent Project Syndicate Article on The IBS adopting Libra the CryptoCurrency are all relevant to both the core subject of this Blog but also the context of the political economy and geopolitical context.
Tim, You say and have said before many times that.
“All of these hopes miss the fundamental point, which is that ECoEs are very much higher now (above 9%) than they were in the 1970s (at or below 2%).”
Russian and Saudi Lifting costs account for a very large part of core world supply and also proved reserves for future supply, as the proved reserves are using enhanced recovery methods but not the more expensive heat-based recovery of non-conventional heavy oils. I think the simple claim that a substantial proportion of world oil production and continuing supply from those reserves are still at High ECOEs, can you prove otherwise?
Accessible data available in admittedly partial data sets, contradict the very stark claim you make that up to the 1990’s it cost 2 barrels of oil to extract 100 barrels giving a net 98 surplus energy barrels. and that now the energy cost is 9 barrels of every 100 giving 91 surplus barrels.
Adjusted lifting costs on a per-dollar basis have if anything fallen, it is also possible that for Giant fields that lifting costs have actually fallen in Energy terms.
Are your 2% and 9% figures theoretically or empirically derived and if empirically could you please provide the data source from which you derive such a bold claim?
It is also unsatisfactory not to provide adjusted figures for the different souces be they, conventional Land, off shore, deep sea and shallow and deeper conventional sources.
At this point I think it is reasonable to put the End of cheap oil in energy terms theorists to proof.
This paper tackles the question in energy terms and not assumptions drawn from monetary/price assumptions. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4687841/
per kWh.
But my mother is an anomaly. Many consumers aren’t as conscious of their use, or the price of that usage. So, let’s put the kWh into perspective.
None of the manuals on Economics puts the question of how a state gets wealthy; they focus on the art of getting rich within a single corporation, a single bank, or give a piece of advice to individual wealth. Nevertheless, in real life, the corporate effect proves to be achieved at the expense of some damage done to the state and society. The country has everything it takes to reach the goals set by the President in his address, namely, the acceleration of economic growth and the external convertibility of the ruble. The country
possesses quite sufficient sources of energy, a surplus resource potential, a qualified workforce, and
our home demand is stable. However, we have never made proper use of our opportunities on account
of some glaring faults of methodological character. The commodity-and-monetary control needs the
accommodation of interests of both financial and industrial sectors, state interests, and the interests of
the global financial and commodity markets.
The nation’s financial system functionally resembles the haemal system of the human body.
A planet to its Star must look
The planet no less needs its moon.
As the Sun is the store of energy, New.
The moon drives and regulates currents,
of the tides, time and the nature of things.
That Golden Orb gives all
That silvery Moon regulates all
Both work together even as the other
Seemingly sleeps and yet currents
of the tides, Time and the nature of things pass.
On the nature of Man-made things
On a standard of gold which
Jennings would not be crucified upon,
That cross Of Gold-alone hard food of Midas.
No tides to complement the Orb
For Silver was its currency,
the Silvery moon to that crosses Golden Sun
which means of exchange fed the common man
The Silver Moon drives and regulates
Currencies of the tides, Time and the nature of things.
Time passed and Man forsakes the Golden Orb
and its silvery moon. No credit he gave
to drivers of Tides, Time and the nature of things
Fiat of imperial rule enforces debts,
new tides in political Economy.
FIAT dictates the new tides of Commerce.
Ephors of debt above and astride the law.
No silvery moon, complementary to the Golden Orb.
There are no tides by means of which the common man
may be fed. Hard food of Midas alone- Starvation.
King Kanute Like those ephors
wave bidding the advancing tide backwards
Still, they advance tides in a tsunami of debt
Tides of a Dollar moon by fiat
Hegemonic Tides of the Dollar Moon.
The Catholic veto upon usury, as defined in dogmatic councils, cuts across all classes. But it is absolutely necessary to the capitalist to distinguish more delicately between two kinds of usury; the kind he finds useful and the kind he does not find useful. The religion of the Servile State must have no dogmas or definitions. It cannot afford to have any definitions. For definitions are very dreadful things: they do the two things that most men, especially comfortable men, cannot endure. They fight; and they fight fair.
The latest blog from Tim Morgan on the SEEDS blog is premised upon the inevitability of contraction and the clear, by Tims lights, misunderstanding of “Previous reversals” by mainstream economists.
The world economy is inevitably headed to a terminal state of “involuntary de-growth. Further, inevitability should again be submitted to, such as the most obvious areas requiring innovations are business and government. Although we are promised the possibility of further analysis vis Government, Household and Financial sectors. Again and Again, readers and believers of the SEEDS creed should submit to “”the “OBVIOUS” STARTING POINT FOR TRUE BELIEVERS SHOULD BE “PRIVATE NON-FINANCIAL CORPORATES (PNFC)
Having studied SEEDS seriously for several years now it seems “Obvious ” to this non-believing heretic that Energy Scarcity as an inevitability is a patsy for Austerity. And that the ignored Financial system and the predication of its monetary system upon short term scarcities as a state of inevitable permanence, is what is preached from the Seeds Pulpit.
Seeds are embued with the magical “Prosperity” elixir which we are assured is declining inevitably and that due to “Market forces” then, decomplexification(sic) through consolidation is necessary. We learn that even the essential sectors of the economy will not be left unpunished by the “invisible hand of prosperities reversal from beneficence to malignant catastrophe”.
We are told “it would be wholly irrational to expect financial stimulus to restore the “energy abundance” of the past, and further that Technolgy as a possible solution to any of the wicked curses reigning down from the Gods of the invisible hand Is one of the Great delusions of the Age. And there endeth the first hymn to millenarian destiny.
“Three modes of evolution have thus been brought before us: evolution by fortuitous variation, evolution by mechanical necessity, and evolution by creative love. We may term them tychastic evolution, or tychasm, anancastic evolution, or anancasm, and agapastic evolution, or agapasm. The doctrines which represent these as severally of principal importance we may term tychasticism, anancasticism,and agapasticism. On the other hand the mere propositions that absolute chance, mechanical necessity, and the law of love are severally operative in the cosmos may receive the names of tychism, anancism, and agapism.” — C. S. Peirce,
The most profound thing I think I have ever read is a short question posed in Neal Donald Walsh’s, Conversations with God. ´´What would love do now?´´.
At all breaking points in life there is one question to ask: what would love do now?
Love is not to retain the best of the other – but the best of your self.
Price A piece of information, or metric, often attributed with magical or potentially sinister influence. On the magical attribute of price, there are market prices. A textbook market price, say of an energy commodity, is supposed to simultaneously include all influential information on supply from multiple producers and demand from multiple consumers. In the real world a market price neglects many external costs related to common goods such as the environment, sharing of information among all actors, disproportionate influence of actors (e.g., due to size), and other facets that are necessary for a textbook free market to exist. Even though all of the conditions for a perfect market never exist, existing markets work very well for many purposes. On the neutral-to-sinister attribute of price, monopolies or cartels can set restrictions on the flow of commodities and specify prices to achieve various goals including the balance of supply and demand, the maximization of profit, geopolitical influence, and the elimination of competitors. The U.S. has been no stranger to these practices, with oil trade front and center. Oil extraction from the early 1930s East Texas oil boom was so prolific that the 1933 National Industrial Recovery Act (NIRA) specified state-level oil extraction quotas. After the U.S. Supreme Court struck down the NIRA, Texas senator Thomas Connally sponsored the Connally Hot Oil Act that became law in 1935.
I think the Author Should spend some time with Prof. Richard Werner’s Princes of the Yen and Disaggregated Theory of Credit, and move on to considering the Work of Wes Freeberg on “The Big Apple Plan”
Dr. Mackintosh’s book is a risible screed of cliche and Teenaged emo angst pseudo-intellectualism. The seriousness of the academic rigor is amply illustrated with quotes from Greta(fig 1)( No Climate facts then?) and Attenborough.(Fig 2)
The pessimistic predestined Calvinist would-be commissar gives Gem Bendell of Deep adaptation fame a serious run for his money in the inauthenticity of their “Clinton Thumb Sincerity”
“Well,” blurted Whitewash, “thank you for that small diversion Paddy, but let’s be clear about this: a lot of people have been injured and sometimes killed three times over by horse-pill quackery like Ivermectin, and…”
“That’s Sir Patrick if you don’t mind,” countered Bigbalance, “and I while know that – as an Alien – you already have the gift of Life Eternal, some of us here don’t, so I’ll thank you to pipe down because believe me, if the Reset comes in and I miss it thanks to Death, I shall be one very pissed off bunny”.
Amazingly, no major outlet – Alt or MSM – has seen fit to link Donald Trump’s 911 comment with Bannon’s “end the fed” remarks a week later with the raid on Trump’s lair?
The Climate Crisis is also a monetary event, when the Carbon Based Central Bank currencies are in place the CLimate Crisis will go away, and various environmental crises will of course remain but it will be claimed that Austerity through Carbon rationing/Taxation has solved Global Warming.
this or that this lie is always set out as lie number one and lie
19:46
number 2 and, accordingly, people are positioned to choose between them.
«And Jesus knew their thoughts, and said unto them, Every kingdom divided against itself is brought to desolation, and every city or house divided against itself shall not stand.» (Matthew, 12:25).
https://www.kickstarter.com/projects/georgemoorefilms/the-ragged-trousered-philanthropists-feature-film/updates
What’s The Idea?
‘The Ragged Trousered Philanthropists’ tells the story of a group of working men in 1907 who are joined by Frank Owen, a journeying decorator with a vision of a just society. Owen’s spirited attacks on the greed and dishonesty of the capitalist system rouse his fellow men from their political quietism. ‘The Ragged Trousered Philanthropists’ is both a masterpiece of wit and political passion and one of the most authentic novels of English working class life ever written.
We intend to finally bring this vitally important and relevant story to life on the big screen as a professional independent film, bringing it to an entirely new generation and breathing new life into Tressell’s classic work. Some Words about the story:
“A book that everyone should read.” GEORGE ORWELL
“A torch to pass from generation to generation.” TONY BENN
The 2013 Film:
This will not be my first version of the novel on film. At 16, armed with £100 and a camera that I’d never used before, I made my own mini feature (45 min) adaptation of The Ragged Trousered Philanthropists. Made with six voluntary professional actors (Including Basil, our co-producer, taking the lead role of Frank Owen) and a friend to record sound, I had the tenacity to do every aspect of the filmmaking process myself. I enlisted the attention of celebrities, the press and politicians to publicise the film through social media.
For the work of a 16 year old; I am incredibly proud of the film, however do not feel that we covered the story adequately due to our budget restrictions and my inexperience.
It has been three years since then, and in that time I have helmed many short film projects and have reached a level of experience at which I am ready to create the ultimate film adaptation of this great novel. In 2014 I released the original film for free online, with all its technical imperfections and homemade charm. It has amassed a lot of acclaim and attention as the only existing film of the story, including a key scene being used by an economics professor as a teaching aid in lectures! With the experience under my belt and the contacts and professionalism I have learned over years of filmmaking (both successes and failures), I am finally ready to re-tackle this important project. https://en.wikipedia.org/wiki/The_Ragged-Trousered_Philanthropists https://www.facebook.com/PhilanthropistsFilm/ http://raggedfilm.com/
Crash Course Super Smart Democracy #PeoplePower
Super-Competent Democracies:
Dissolving Neoliberalism, Managerialism and Elitism
This book proposes that our societies will have to become ‘Super-Competent Democracies’ in order to learn how to manage the immensely complex challenges and threats that we are facing.
The purpose of the book is to explain why and howSuper-Competent Democracies have to emerge so that our societies can become increasingly just and increasingly sustainable.
The world we live in and depend upon is immensely complex and so are the problems, the threats and the challenges that we face. Because they are complex, they cannot be solved with the lavish application of technological ingenuity and human resources as we can with ‘simple’ problems such as building a bridge or ‘complicated’ problems such as putting a man on the moon.
As David Snowden and Mary E.Boon said in A leader’s framework for decision making, (Harvard Business Review: November 2000)
Complex problems involve large numbers of interacting elements
The interactions are nonlinear, and minor changes can produce disproportionately major consequences.
The system is dynamic, the whole is greater than the sum of its parts, and solutions can’t be imposed; rather, they arise from the circumstances.
They emphasise that tackling complex problems requires “A deep understanding of context, the ability to embrace complexity and paradox, and a willingness to flexibly change leadership style.” Indeed by treating complex problems as if they were simple or complicated leads to the emergence of disastrously chaotic outcomes, of which there are multitudes of florid examples at every level from the local to the global. By contrast, by applying ensembles of ‘Super-Competencies’ complex problems can be dissolved, as the great management cybernetician Stafford Beer says in ‘Decision and Control’. (1966)
All of the ‘Super-Competencies’ we can use to dissolve the complex ecological, economic, social and political challenges and threats we are facing have been tried and tested and rigorously evaluated over the past fifty years or so.
However, while learning how to dissolve those problems, we will also have to dissolve three great ideological obstacles to their implementation: Neoliberalism, Managerialism and Elitism. The anti-human, anti-nature and anti-democratic systems that have been created by these three ideologies are herding the whole of the human family, and much of the natural world to the brink of chaos and extinction.
Why and how these ideologies combine to present a lethal danger to the future of the human family and the natural systems on which we depend is detailed in the first half of the book.
The why and how of Super-Competent Democracies will be detailed in the second half.
´´( quotes from Roy Madron, Super Competent Democracies).
‘Democracy is that institutional arrangement for arriving at political
decisions in which individuals acquire the power to decide by means of a
competitive struggle for the people’s vote’.” Joseph Schumpeter, Quoted
from Roy Madron, Super Competent Democracies who in turn Cites.
“Participation, and Democratic Theory” by Carole Pateman. Dr Pateman
says that, Schumpeter and his followers: … set the current
Anglo-American political system as our democratic ideal (with) a
‘democratic theory’ that in many respects bears a strange resemblance to
the anti-democratic arguments of the last (i.e. 19th) century. No
longer is democratic theory centred on the participation of ‘the
people’; in the contemporary theory of democracy it is the participation
of the minority elite that is crucial and the non-participation of
the apathetic, ordinary man lacking in the feelings of political efficacy,
that is regarded as the main bulwark against
instability.
The Society of the Spectacle - James Schneider - Our Bloc - How We Win
My friend Ranjan interviewed a chap called Schnieder a Corbynite policy wonk I guess, Ranjan and I recently had a couple of pints at the Red Lion on Whitehall, here we met a nice young guy who was a political researcher for some MP or other. Strangely both of these young men remind me of the other and call to mind people like Owen Jones, whose interview incidentally with Perter Hitchens remains a must-watch in the genre of How our Bloc will, can should, would winnism. More in the way of a counter factual, are there really any blocs?
AT 4 am this morning I woke up and as Ranjan had mentioned the Book Launch he planned on attending when we spoke on Monday, and then sent a message saying he had interviewed James, I thought I would watch.
Ben Elton without the jokes, quite the spectacle. Blimey Ranjan, are you sure it’s not Roger Hallams’ son.Revolutionary Vanilla icecream, from the Jem Bendell school of no evidence required.”
Maybe a little harsh, but maybe not.
Here’s that Owen Jones Hitchens interview.
Owen Jones meets Peter Hitchens | Full length
491,955 viewsOct 14, 2015My full-length interview with Peter Hitchens is finally here
Owen Jones meets Peter Hitchens | Full-length
It all boils down to starting assumptions or the facts as we think we know them. Climate Breakdown and MRNA vaccinations are two open questions; which James and the young man Tom, that Ranjan and I had a pleasant chat with at the Red Lion, seem to take as settled, obvious beyond contradiction in other words disagree and you will be “othered” This does not only exist as a Syndrome of the “Left Bloc” it is across the whole spectrum and very much on the Spectrum, in our Autistic Political Raspberry Contest these days. My frustrations of the past few months is founded in this certainty of Starting assumptions, this absence of deliniation in certain matters, as its obvious isn’t it? Actually no it is not. I did a series of interviews with Roy Madron on his book, Super Competent Democracies, that was back in 2015 and I made a youtube chanell for the book for Roy. As Roy says to examine these questions we are going to have to do a little digging.
There is a list of liked videos in a playlist, How widely do they range across the spectrum of myy own political Autism, you be the judge dear reader.
My Jem Bendell coment above is explained in this blog here My new paper, a kind of ‘sequel’ to (it’s been published next in the same series as) Jem Bendell’s epochal and massively-influential paper on ‘Deep adaptation’, is out: https://iflas.blogspot.com/…/post-civilisation-iflas-occasi… Please read/circulate. Thanks. This is perhaps my most-significant yet contribution to the emerging discourse around preparing ourselves to face up to potential climate- and societal- collapse:
Throughout this article we’ve made imprecise statements and statements that ought to have had all sorts of qualifications and reservations attached to them; and some of our statements may be flatly false. Lack of sufficient information and the need for brevity made it impossible for us to formulate our assertions more precisely or add all the necessary qualifications. And of course in a discussion of this kind one must rely heavily on intuitive judgment, and that can sometimes be wrong. So we don’t claim that this article expresses more than a crude approximation to the truth.”
My friend Ranjan interviewed a chap called Schnieder a Corbynite policy wonk I guess, Ranjan and I recently had a couple of pints at the Red Lion on Whitehall, where we met a nice young guy who was a political researcher for some MP or other. Strangely both of these young men remind me of the other and call to mind people like Owen Jones, whose interview incidentally with Perter Hitchens remains a must-watch in the genre of How our Bloc will, can, should, would “winnism”. More in the way of a counterfactual, are there really any blocs?
Morning Roger, are you busy? I will be going for a walk in a minute, if you’re free and happy to chat
Rendering the video from last night. I interviewed James Schneider about his new book. He dedicates it to David Graeber and Leo Panitch
Ranjan, 11:49
Happy Birthday!!
14:47
Hi Ranjan, yes I am around Taking Rasmus to his guitar lessoin at 3.15 and have a call at 4.15 pm my time 3.15 pm yours . So will be free around 5 pm my time.
Look forward to hearing all about the Schneider interview. Best
Rog
Trump Bannon the great Danger , Bredon O’Connell 111
"The one thing that unites [the people who turn out for Tommy Robinson]…. is their hatred of the liberal left. And they are right to hate them."@EddieDempsey speaking at "The Full Brexit".@graceblakeley, @C_Lapavitsas – surely you shouldn't be on platforms like this!? pic.twitter.com/W2U4lVhDGI
Jeffrey Sachs: “We’re in a crisis and it will get worse in the coming months.”
410,195 viewsAug 25, 2022We are very honored that the next guest of PFI Talks was Jeffrey Sachs, a world-renowned economist, University Professor and Director of the Center for Sustainable Development at Columbia University, where he directed the Earth Institute from 2002 until 2016. Jeffrey Sachs was twice named as Time magazine’s 100 most influential world leaders, and was ranked by The Economist among the top three most influential living economists. Leoš Rousek, the head of corporate communications at PPF Group and contributor of PFI Talks, talked with professor Sachs. You can find the video with Czech subtitles and the article on the E15 website: https://www.e15.cz/rozhovory/svetova-…
Newsnight 26th May 2010: Hugh Hendry: “I Would Recommend You Panic”
16,783 viewsMay 31, 2010The conversation on News Night on 26 May 2010 in the UK about the European Credit Crisis. Participants were Hugh Hendry, Gillian Tett and Jeffrey Sachs.
SORA Economic Forum — KEYNOTE: ‘Disaggregated Quantity Theory of Credit’ by Professor Richard Werner
The central problem with the present “machine learning” and ‘big data’ hype is that so many — falsely — think that they can get away with analyzing real-world phenomena without any (commitment to) theory. But — data never speaks for itself. Without a prior statistical set-up, there actually are no data at all to process.
Clever data-mining tricks are not enough to answer important scientific questions. Theory matters.
As is often the case, the real, physical world is not obligated to comply with data modeling that allows one to tweak input for the desired result; the same is true for cheerleading practices. So it is with 15,000-foot laterals. West Texas contains leased minerals in thousands of tracts, sections, and blocks of land; an operator can’t simply go drill a 15,000-foot lateral where it wants to, into or across minerals, it does not own or have leased, no more than one can turn cattle loose to graze across the fence where the grass is greener. Its not “open range,” so to speak. If an operator needs another section of land stacked on top of the two sections it already has to drill a longer lateral, it can’t just go to eBay and lease it from Rancher Roy, trust me. Pretty much every square foot of minerals in the Permian Basin core areas is leased and/or held by production.
Oscar Wilde defined a cynic in Lady Windemere’s fan as; ” a person who knows the price of everything and the value of nothing”.
Big Data is the new oil, the Black and White gold or, the pixelated fools gold perhaps? Huge valuations are placed upon companies who can however incongruously or implausibly graft on the pre-fix or Suffix “- Tech, Tech – TECH”.
An old computing maxim is Garbage in Garbage out, that’s self-evident of course, “pigs ears and Silk purses” and all of that. But let’s remain in the porcine metaphor is Big Data really just “pearls before Swine”.
Praxeology
Austrians argue that empirical data itself is insufficient to describe economics; that consequently, empirical data cannot falsify economic theory; that logical positivism cannot predict or explain human action; and that the methodological requirements of logical positivism are impossible to obtain for economic questions.[18][12] Ludwig von Mises in particular argued against empiricist approaches to the social sciences in general, because human events are unique and non-repeatable, whereas experiments in the physical sciences are necessarily reproducible.[18]
Two dogmas of empiricism.
´´As an empiricist, I continue to think of the conceptual scheme of science as a tool, ultimately, for predicting future experience in the light of past experience. Physical objects are conceptually imported into the situation as convenient intermediaries — not by definition in terms of experience, but simply as irreducible posits18b comparable, epistemologically, to the gods of Homer. Let me interject that for my part I do, qua lay physicist, believe in physical objects and not in Homer’s gods; and I consider it a scientific error to believe otherwise.´´ http://www.ditext.com/quine/quine.html
Brexit and Covid are both Managed narratives, with narratives and Kremlin watching alike the imprecise science of reading between the lines and an interpretation of a sum of the Unsaid makes for long discussions should one wish to glean some sort of coherent “real” Politik.
Wittgenstein put it rather well and he was not intentionally mendacious.
“Remember that we sometimes demand explanations for the sake not of their content, but of their form. Our requirement is an architectural one; the explanation is a kind of sham corbel that supports nothing.”
― Ludwig Wittgenstein, Philosophical Investigations
Neoclassical Political Economy: Skating on Thin Ice
‘When the lamp of money is lit a circle of shadows form filled with usurers, counterfeiters, thieves, swindlers and sociopaths. The light must be protected at all costs or the destiny of humanity is stolen.’
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 wither
away 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 as
well 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
ON THE ADVANTAGE AND DISADVANTAGE OF HISTORY FOR LIFE
James Mirrlees – Mathematics and Real Economics
“All theory is gray, my friend. But forever green is the tree of life.”
Of course you are right that debt abd credit will always exist.
When I read GB’s comment I read it as referring to fractional reserve banking as we currently have it – controlled by the private banks. It is that kind of sovereign debt I was thinking of in my reply.
I don’t think many people object to one person lending to another or a chit of credit acting as a temporary store and means of transferring wealth. Perhaps some do. I am not one.
Credit is a useful social mechanism. But it has got out of hand and into the hands of a few who use it to cause destitution and as the means to create huge and increasingly non-democratic power.
I think we can and must move away from such a distorted and morally corrupt social construction.
I am not looking for moral or political purity in some utopian fashion. I am simply looking for a better social compact and one that fits to an environmentally constrained world not the old idea of ever expanding growth.’
In response, here is a proposal for an Aristotelian Asset Money System.
‘When the lamp of money is lit a circle of shadows form filled with usurers, counterfeiters, thieves, swindlers and sociopaths. The light must be protected at all costs or the destiny of humanity is stolen.’
“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― Richard Buckminster Fuller
’So Aristotle calls money a creature of the law. Not a commodity from nature but an abstract social institution. Its essence is not tangible wealth in itself, but a power to obtain wealth. THIS IS REGARDED AS A SUPREMELY IMPORTANT DISTINCTION – BETWEEN MONEY and wealth. If you are always trading in “things” it’s just an advanced form of barter.’
Zarlenga, ‘The Lost Science of Money.
1 – The Aristotelian system
I suggest we create a pure Aristotelian money system as an education device, as a system which is both transparent and yet resistant to fraud, a system designed to maximise freedom and value for its participants, with money acting simply as a medium for trade and not as a tool for usury.
This maximises the human potential for relationship, art, self discovery, growth and the pursuit of higher states of consciousness.
2 – What software to use?
The software platform would probably be the Cyclos software which runs many community currencies. There is a Cyclos 4 version now available in Beta form which will be free to non-profit organisations. ( http://www.cyclos.org/ )
This Cyclos software includes online banking, mobile banking, credit and debit card creation, and marketplace e-commerce. https://www.cyclos.org/features
3 – Two forms of money
There are two fundamental ways of creating abstract money once we move beyond gifts, barter and commodity exchanges. They are primarily debt money in private hands and asset money in the hands of the nation.
Debt money usually comes into existence at the moment of the loan creation and is burdened with the three demons of inflation, interest and taxation.
Asset money exists like the waters behind a dam wall, self-existing, relatively eternal, and when controlled correctly it supplies water and power in amounts to cause neither drought nor flood. It is the money system proposed by Aristotle.
4 – The Money Unit
I propose that the money unit for the system would be similar to the scientific measurement for the metre which is the meeting point for time, space and the speed of light. (” a metre is the length of the path travelled by light in a vacuum during a time interval of 1/299,792,458 of a second.)
The money unit then, the Aristotelian unit of A, is the distance the human body-mind of a normal 80kg human covers at walking speed (5km/hr) in a period of one hour (5000m.) This A unit deems walking, the state of ‘relaxed falling’, to be similar in value to one hour of focused mind in study and intent.
These units can then be converted into joules, calories, light quanta, etc, as desired.
This measurement is the historical meeting point for human physiology, mind, time, space and the speed of light – a measurement which has been inflation proof for the last four million years of human hunter-gatherer existence and which is inherently logical to the human psyche.
(To say that we have no money while we have the life force of the community is to be simply hung upon the ‘cross of gold’ of William Bryan.)
Further, just as all previous measurement systems used by western science became redundant when the speed of light was measured in metres, so too does this system reflect a crossing of the ‘historical Rubicon’ into the realm of quantum finance.
(FAQ1 – Why talk of walking speed when we now travel at the speed of a Ferrari? Answer – when we add the hours spent in learning the craft to make the money to own the Ferrari we may be travelling slower than the hunter-gatherers from four million years ago at 5km/hr!)
FAQ2 – What differentiates between the work hour of a doctor and a street sweeper? Answer – the sweeper can charge 10 units an hour, the doctor 100. These measures simply reflect the completed hours of learning and experience which the professional brings to the task.)
Note: At this point the A unit would not be transferable into global financial currency systems because of the inherent problems with the legal and taxation systems. The A system would simply be a self functioning marketplace to demonstrate Aristotelian principles.
5 – Central Monetary Authority
The A system will have a central Monetary Authority for the creation and removal of A money, it will not be a peer to peer system, nor a debt or gift system.
The Authority will have the power to issue A money to itself instead of external taxation for its cost structure and projects. All efforts to avoid charging interest will be made.
(Interest on loaning a commodity such as gold is logical, interest on debt money created from nothing at the point of the loan however is simply criminal.
The problem Arab banking has with the interest problem with commodity backed money should be avoided with money based simply upon human life force. Losses can simply be voided within the system and penalties imposed.
There will however be strict guidelines with the initial loans and without the charges of taxation and interest echoing through the system I suspect the losses would be minimal as interest alone can be 40% of the final cost of goods and services.
This of course is all part of the educational experiment and the belief in the essence of human integrity!)
Note: If the A system was to be used for a nation, perhaps after a debt Jubilee and a debt Commission, then the Monetary Authority would have members elected by the general population, with four year tenures, who must approve the budgets of the Monetary Authority. This removes the potential power abuses of the professional bureaucracy and the inherent human tendency to create secret cabals.
6 – Starting the system running
Upon signing up to the A system each person would receive 100 A units plus a further 20 A’s per month for five months to make a seed fund of 200 A’s.
The Monetary Authority can also create A’s to expand the system according to need and numbers. A’s can also be withdrawn if the system starts to overheat.
Each A unit would be numbered with no rehypothecation, securitisation or fractional reserve creation. Each A’s position within the system would be instantly traceable. Accounts would also be transparent so that people can view the transaction history of the people they are dealing with.
People can apply to the Authority for business loans according to basic lending principles. They can also apply to other system members with excess capital.
There could perhaps be a monthly social dividend – say 20A depending upon the flow within each personal account. Zero transactions would be a zero dividend, a normal flow of transactions creates a dividend of 20A, etc. Hoarding would not be promoted.
7 – System aspects
There would be an international section for such things as language tuition and a local section for such things as massage.
There would be a for sale section, possibly with an auction section.
There could even be a share market where we can invest in each others business’s, with each share numbered and transparent and only legitimately sold.
Member’s can also offer services to the A platform to help it expand, such as hosting, programming, administration, etc.
Members will be able to rate each other with an integrity quotient.
There would be a Forum for discussion and suggestions.
Conclusion
These then are some thoughts for discussion, the seeds for a monetary model which will only grow through time and experience. Further, with the Cyclos 4 platform now available and free to non profit organisations, the A system has become simply a ‘click and go’ operation. Let the educational curve begin!
P.S. Here now is a brief summary of Cyclos and STRO, the Social Trade Organisation, from their website. ( http://www.cyclos.org/ )
STRO’s objective is to move money as a major steering mechanism in society from causing environmental abuse and preventing many poor to optimise their capacities, to become an instrument that serves a qualitative human development. The first STRO was founded in 1970 in Holland. Social Trade promotes the opportunity for communities to optimise the circulation of purchasing power in their community. Using the Social Trade methods the potential of the community can be optimised based on the community’s culture with respect for the environment. People involved in realising the Social Trade targets are working from local offices in Porto Alegre (Brazil), Montevideo (Uruguay), Tegucigalpa (Honduras), Utrecht (Holland), Lisbon (Portugal) and Murcia (Spain).
STRO picks up the challenge described by Bank of England’s governor Mervyn King:
“Is it possible that advances in technology will mean that (…) the world may come to resemble a pure exchange economy? Electronic transactions in real time hold out that possibility. There is no reason, in principle, why final settlements could not be carried out by the private sector without the need for clearing through the central bank. (…) There is no conceptual obstacle to the idea that two individuals engaged in a transaction could settle by a transfer of wealth from one electronic account to another in real time. (…) The same system could match demands and supplies of financial assets, determine prices and make settlements. Financial assets and real goods and services would be priced in terms of a unit of account. Final settlement could be made without any recourse to the central bank.(…) Without such a role in settlements, central banks, in their present form, would no longer exist; nor would money.”
Cyclos solutions for social impact.
The objective of the Social Trade Organisation is to provide a professional platform that can be used by different organisations and institutions that are aiming on social economic impact. Cyclos supports a wide variety of implementations.
Banks in developing countries
Cyclos allows local and regional banks to compete with big international banks, because Cyclos allows them to provide cost effective state of the art on-line banking, sms banking, POS and mobile banking services. This contributes to a more diverse banking sector which makes it stronger and more competitive. Regional banks are also known to invest more money in the region contributing directly to the country’s economic growth instead of international speculation.
Barters
Because of Cyclos barters can easily be set up at low cost, the barter doesn’t have to invest heavily in expensive software. Research shows that Barters can be very beneficial to a countries economy in times when capital is scarce, making countries more resilient in times of economic crises. The reason behind this is simple. When the economy suddenly contracts enterprises which still have products or services to offer, but not enough customers. Even if company A wants to buy a product from company B and company B wants to buy a product from company A, often the money (or credit) is missing to enable trade. A barter helps these companies to trade with each other through the barter network.
Campus card systems
An University campus, where a lot of local economic activity is happening is an ideal environment to implement an Campus card (payment) system with Cyclos. Some of the features are
• Student-to-Business payments (Parking, Copy/printing, Laundry, Bookstore, Restaurant, Housing, Events & Activities, Tuition)
• Student-to-Student micro payments (any goods or services exchanged among students)
• External-to-Student payment (donations from parents, who can specify payment destination)
• Student loans (emission/management)
• Market place (students can post offers and interests in goods and services)
• Market place notifications. SMS or e-mails can be sent automatically when personal criteria are matched in the marketplace
• University notifications & mailings can be send to groups of student’s by e-mail and/or SMS (events, emergencies)
• Student business profile (profiles can be included in a website that can be viewed by local businesses)
• Job board (local business can publish Jobs & internships)
• Available channels: Web, card/POS, mobile
• Independent: Not bound to contracts with specific software providers and Banks
OK, finish!!!
Phew that last one was long. Good work fella! Apologies, I didn’t read it.
See here for how the legalised ponzi scheme we are all playing a part in and vote for called the economy manifests in yet another magical way… and what to do about it:
Tarquinius Superbus by Lawrence Alma-Tadema, depicting the king sweeping the tallest heads from a patch of poppies
The Linguistic challenges of living in another culture go back a long way, way farther back than what we accept as settled Modern History.
The Hundred was an administrative system which I was familiar with having gone to secondary school in rural Oxfordshire, not that it was still in force, only that some very fine examples of ridge and Furrow
“if you are digging up history. You have to dig it all up. If they dig up 60 years , I will dig up 600. If we go back far enough in the history. Always, there will be some grievance, and I´ll fight on him, I´ll fight on you, I´ll fight on everyone. Where is the beginning? I cannot find it?
Dig up all the problems and you will find they have a root cause in one place: Greed. Where there is greed, there is no satisfaction”
Guru Guruji, Quoted from “Towards” Unity by
Stuart Hastings.
http://towardsunity.org:80/the-kumbh-mela/
The Jante Lagen is something I have mentioned on this blog before, it’s a sort of Hundreds system of collective punishment(responsibility) imposed on the individual by everyone else.
Sweden with its own peculiar constitutional system and history do things differently. The Film the Swedish Theory of Love made by a Half Italian / Half Swedish filmmaker makes the point about the atomisation of the individual
There are ten rules in the law as defined by Sandemose, all expressive of variations on a single theme and usually referred to as a homogeneous unit: You are not to think you’re anyone special, or that you’re better than us.
The ten rules state:
You’re not to think you are anything special.
You’re not to think you are as good as we are.
You’re not to think you are smarter than we are.
You’re not to imagine yourself better than we are.
You’re not to think you know more than we do.
You’re not to think you are more important than we are.
You’re not to think you are good at anything.
You’re not to laugh at us.
You’re not to think anyone cares about you.
You’re not to think you can teach us anything.
The Janters who transgress this unwritten “law” are regarded with suspicion and some hostility, as it goes against the town’s communal desire to preserve harmony, social stability and uniformity.
An eleventh rule recognized in the novel as “the penal code of Jante” is:
Perhaps you don’t think we know a few things about you?
From the chapter “Maybe you don’t think I know something about you”:
That one sentence (the eleventh rule), which acts as the penal code of Jante, as such was rich in content. It was a charge of all sorts of things, and that it also had to be, because absolutely nothing was allowed. It was also an elaborate indictment, with all kinds of unspecified penalties given to be expected. Furthermore it was useful, depending fully on tone of voice, in financial extortion and enticement into criminal acts, and it could also be the best means of defense.
Sandemose’s novel described working-class life in the fictional town of Jante. He wrote in 1955, a bit mischievously, that “Many people have recognized [in Jante] their own hometown – this has happened regularly to people from Arendal [Norway], Tromsø [Norway] and Viborg [Denmark]”.[9] Sandemose made no claim to having invented the rules; he simply sought to formulate social norms that had stamped the Danish and Norwegian psyches for centuries.
There really is a “world system of financial control in private hands” that is “able to dominate the political system of each country and the economy of the world.” I call this system the World Trade Federation. It is an ultra-secret group of the most powerful men on the earth. They now control every major international institution, every major multinational and transnational corporation both public and private, every major domestic and international banking institution, every central bank, every nation-state on earth, the natural resources on every continent and the people around the world through complicated inter-locking networks that resemble giant spider webs.
“Michael Chadwick, Introduction to “Tragedy and Hope”
Appendix B is about” The Official U.S. Treatment of Alexander Solzhenitsyn” On June 30, 1975, Nobel-Prize-winner Alexander Solzhenitsyn, at the invitation of George Meany, President of the AFL-CIO, delivered a speech in Washington, D.C.
“It reminded me of the great joy in reading The Yawning Heights which seemed so in congruence with the Covid 19 narratives of the Response to the 2019.2020 Flu season.
“The experiment was dreamt up by the Institute for theProphylaxis of Stupid Intentions, and carried out under thesupervision of the Brainwashing Laboratory, written up in theFundamental Journal and was supported by an initiative frombelow. The experiment was approved by the Leader, hisDeputies, his Assistants and by everybody else—except for afew holding mistaken opinions. The aim of the experiment was todetect those who did not approve of its being carried out and totake appropriate steps.
I find that my foe , my persecutors and my tormentors are not the generality of my fellow citizens, the whole of humanity , but a specific section of it which wishes to paint the rest of humanity as the problem. We the Human Race are not the problem. They Are. Who They are and what their political Structures areare quite evident, it is just important not to be taken in by the branded packaging, for our political institutions no longer work as advertised.
This newly acquired road map helped me explain why the internet was so effective at being a sociological /dev/null, a bit bucket where extraneous emotional energy was piped. It wasn’t just an “information superhighway”, naively forwarding bits along without opinions or bias. It was emotional infrastructure encoding its bias into the distribution of the data it carried. If one could control the distribution of information and the shape of that distribution bias, one could steer the emotional perceptions of those who relied on the data which, in turn, allowed vectors to create cultural conflict. Without physical violence as a resolution, the instigated cultural conflict would be eternal. I had started to develop a glimpse of what that 2005 internet would become and how it would alter human destiny. That’s when I started “The Empath”
MN: But they never get out of business. And the amazing thing is the average abundance of co-operators in this pattern is very close to 12log 2-8.
David: What does that mean?
Ard: It’s close to constant.
MN: It converges to a constant which is approximately 31%, and this is a mathematical curiosity.
Ard: Natural selection would say the co-operators would get wiped out, because they are paying a cost to help their competitors. And yet it’s not happening. So why?
MN: The reason why it’s not happening is because the co-operators form clusters and in those clusters of co-operators, they actually get a high payoff. They have a high fitness.
“Single acts of tyranny may be ascribed to the accidental opinion of a day; but a series of oppressions, begun at a distinguished period, and pursued unalterably through every change of ministers, too plainly prove a deliberate, systematical plan of reducing us to slavery.”
Thomas Jefferson
August, 1774
The purpose of this volume is to present an overview of the world management system currently in place and the global community that is emerging along with its future goals and plans in order to stimulate debate concerning its development and implementation. It contains a series of essays and interviews written and conducted over a period of eighteen years.
In order to gain a clearer picture of the emerging global community, we will need to traverse the subjects of international finance, international trade, international relations, international organizations, nation-state governance, central banking policies, international educational policies, the world of the large tax-exempt foundations, politics, economics, science, philosophy, social engineering and much more. It is an exciting and highly rewarding adventure, however, the reader may encounter information which will challenge his former worldviews.
“Next plung’d a feeble, but a desp’rate pack,
With each a sickly brother at his back:
Sons of a Day! just buoyant on the flood,
Then number’d with the puppies in the mud.
Ask ye their names? I could as soon disclose
The names of these blind puppies as of those.”
A soldier sits alone he is of high rank and of proud deportment he is served by his batman.
Both bachelors and both veterans of many campaigns.The soldier has returned from the palace where he has received another decoration
the Medal and the prize are being admired by the Batman.
Batman. ´´General, the king is very grateful for our campaign abroad this past year, a medal of solid gold encrusted with valuable jewels and many tokens in the prize. Enough to buy all the bread in all the bakeries in the kingdom.”
General. ” Yes the King is pleased his campaigns re furnish the treasury, to repay the usurers his international debts and interest.”
As an act of revenge, Zeus hid fire from humankind, leaving them cold and shivering at night. Prometheus, however, out of pity stole it for them shortly after, incurring the further wrath of Zeus. Prometheus’s punishment was to be chained to a rock and have an eagle (or a vulture by some variants) pick out his liver every day for eons, until Heracles slew the eagle, releasing Prometheus from his affliction. The Theogony text is ambiguous about whether Prometheus was freed or remained chained to the rock, but lines 615-616 are usually interpreted as indicating that he remained bound.
The authors are broadly convincing. They distinguish the oil era as one separated between “free flow” and “limited low.” During the period of free-flow, the oil majors literally owned the subsoil of Middle East countries. They profited with prices “being relatively low and stable.” The situation shifted sharply in the 1970s. Nations nationalized their own raw resources. The companies often became “service providers.” As a result, they lost direct control over prices. The consequence was a new limited-flow system, with prices politicized. OPEC quotas, with plenty of pushing and pulling at the hands of Western governments, made sure supplies were set only to what the “market” could bear. The distinction between direct control through property rights and indirect management through diplomacy is incredibly important.
But it is important to keep in mind that their notion of “free flow” refers to who, exactly, controlled the rate at which oil flowed, as well as the positive correlation between volume and profits. This periodization does not mean that production was not sabotaged. Nor do they mean that countries and corporations did not deliberately constrain supply during the earlier period. It simply means that the mechanisms of that constraint differed from those used after 1973. During that earlier era, for example, the majors allowed Iranian production to increase, but at a very precise rate related to what analysts thought would coincide with global demand. Meanwhile, Iraqi production endured constant sabotage. As leading petroleum economist John Blair noted in his classic study of the oil business, “From almost the beginning of its operations,” the Iraqi Petroleum Co. “not only suppressed production in Iraq…but went to considerable lengths to conceal that fact from the Iraqi government.”
Christ answered the Herodians according to their condition. “Show me the tribute-money,” said he; – and one took a penny out of his pocket; – If you use money which has the image of Caesar on it, and which he has made current and valuable, that is, if you are men of the State, and gladly enjoy the advantages of Caesar’s government, then pay him back some of his own when he demands it; “Render therefore to Caesar that which is Caesar’s and to God those things which are God’s” – leaving them no wiser than before as to which was which; for they did not wish to know.
There is a real World War going on. It has nothing to do with the common applied terms of war as we have been conditioned to know of bombs, bullets, and death there from. It is a war of population control and management.
What are the objectives of this war of the controllers? Final Jeopardy Question!! Tic, tic, tic. Final answer: Population management and control where the end result has an ongoing conversion of wealth in place whereby the population is managed as a “Productivity Unit,” with most of that productivity going into the hands of the controllers. Nothing new here, that game-plan has been in effect from before the times of the Egyptian Pharaohs.
To the Cabal it does not really matter if the conversion takes place during peaceful times, brutality by conventional war, or under democracy, communism, fascism, or forced or voluntary servitude. All that matters is that the conversion takes place.
When you look at world events, to understand what is going on all you have to do is ask yourself; Who benefits (profits)? Walter Burien
When this push comes to shove play goes into effect, here is the silver bullet as they call it to cancel out the Cabals final step for world wealth conversion into their hands;
Let the dollar be backed by a commodity index which includes; grains, metals, produce; domestic stock; energy; etc. Here it will not be the golden rule but the productivity value of the countries commodity production.
Doing this will really put a hiccup (to say the least) in the Cabal’s plan for final conversion through their hoarding of gold since 1963. (The Cabal won’t get killed, they just won’t make a killing) It will also be a just economic environment world wide being that each country’s currency will now maintain or grow in its value based on that country’s own productivity in physical resources not “exclusively” on who owns the gold.
I cannot emphasize enough the importance of what is said in the paragraph above. It is the difference between primary failure of the Cabal’s last step and significant success accomplished for the people. Walter Burien
PS: Back to who Benefits? It was not a few countries from the Middle East or the people therein who have had their resources plundered, a million or so of their people killed, who are now facing totalitarian rule by an externally placed and managed puppet regime.
Look closely at reality and not well managed marketed hype designed with specific objectives harmonized with well orchestrated and promoted events designed to accomplish the Cabal’s master plan.
If We The People do not get a grip, and then regain control, we will all suffer dire consequences for not having done so. One voice can turn into a million and a million can change the World. Focus on the basics and stop scattering like minnows every time the Cabal throws a rock in the pond. Catch the rock before it hits the water and throw it back, or even better yet, take the rock out of their hand in the first place.
A central lack of fibre. Either moral or physical around which myths of debt are spun. As spiders spin webs and weavers warp clothe. Spartan Ephors of prudence pass judgement on all and stand above and astride the law. Dispensing injustice and taking clothes off the backs of The freezing and food out of the mouths of the hungry. Passing judgement on those who perform real work, asking always for more and demanding to pay less.
So draw the bow of truth with intentness in the eye,
Seek out the irreducible posits, the epistemological gods of homer. If there be one free miracle let the ephors explain the rest. What is this power of usury? Where did this power come from ? Who is it exercised for and to whom do you ephors of usury answer to ? And now let me ask. How do we take this power away? Only then we shall see good faith and brotherhood restored to the commons.
There was confusion and debate over the line “Are we human, or are we dancer?” in the song’s chorus due to its grammar.[13] Debate raged across the internet over whether the lyric said “dancer”, “dancers” or “denser”, a misunderstanding which elicited conflicting interpretations of the song’s meaning.[14][15] On the band’s official website, the biography section states that Flowers is singing “Are we human, or are we dancer?” and also says that the lyric was inspired by a disparaging comment made by Hunter S. Thompson, who stated that America was “raising a generation of dancers, afraid to take one step out of line”.[16][17] From an interview:
Cynics saw what people could be & were angered by what they had become; Timonists felt humans were hopelessly stupid & uncaring by nature & so saw no hope for change. * 1988 , Paul Ollswang, “Cynicism”:Paul Ollswang, “Cynicism: A Series of Cartoons on a Philosophical Theme”, January 1988, page B at official site; repr. in The Best Comics of the Decade 1980-1990 Vol. 1 , Seattle: (Fantagraphics Books), 1990, ISBN 1-56097-035-9, p. 23. **:
off guardian article and comment. A great article.https://t.co/HvJevoSQzW“So… https://t.co/yOTPS5VYmX — Real-Estate Land Development Limited (@RealEstateLand3)...
https://people.well.com/conf/inkwell.vue/topics/521/Ben-Tarnoff-Internet-for-the-Peo-page01.html https://en.wikipedia.org/wiki/Stewart_Brand ICON EARTH. EVENT 201 WITH HIND SIGHT, WAS IT...
THE GREAT MONEY TRICK ( ROBERT TRESSEL) https://www.kickstarter.com/projects/georgemoorefilms/the-ragged-trousered-philanthropists-feature-film/updates What’s The Idea? ‘The Ragged Trousered Philanthropists’...
#goingdirect The Going Direct Paradigm Shifthttps://t.co/vdQgMWrr3hCBDC and Carbon Currency End Game #Aadhaar pic.twitter.com/eHCieQwiT7 — Real-Estate...
Capitalism & the Illusion of Money – David Korten
https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.601.5271&rep=rep1&type=pdf ” data-medium-file=”https://i0.wp.com/notthegrubstreetjournal.com/wp-content/uploads/2022/02/Duncan-and-Campbell-otherside.jpg?fit=300%2C151&ssl=1″ data-large-file=”https://i0.wp.com/notthegrubstreetjournal.com/wp-content/uploads/2022/02/Duncan-and-Campbell-otherside.jpg?fit=708%2C357&ssl=1″ data-recalc-dims=”1″ data-lazy-loaded=”1″>
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‘Hello Robin,
Of course you are right that debt abd credit will always exist.
When I read GB’s comment I read it as referring to fractional reserve banking as we currently have it – controlled by the private banks. It is that kind of sovereign debt I was thinking of in my reply.
I don’t think many people object to one person lending to another or a chit of credit acting as a temporary store and means of transferring wealth. Perhaps some do. I am not one.
Credit is a useful social mechanism. But it has got out of hand and into the hands of a few who use it to cause destitution and as the means to create huge and increasingly non-democratic power.
I think we can and must move away from such a distorted and morally corrupt social construction.
I am not looking for moral or political purity in some utopian fashion. I am simply looking for a better social compact and one that fits to an environmentally constrained world not the old idea of ever expanding growth.’
In response, here is a proposal for an Aristotelian Asset Money System.
‘When the lamp of money is lit a circle of shadows form filled with usurers, counterfeiters, thieves, swindlers and sociopaths. The light must be protected at all costs or the destiny of humanity is stolen.’
“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― Richard Buckminster Fuller
’So Aristotle calls money a creature of the law. Not a commodity from nature but an abstract social institution. Its essence is not tangible wealth in itself, but a power to obtain wealth. THIS IS REGARDED AS A SUPREMELY IMPORTANT DISTINCTION – BETWEEN MONEY and wealth. If you are always trading in “things” it’s just an advanced form of barter.’
Zarlenga, ‘The Lost Science of Money.
1 – The Aristotelian system
I suggest we create a pure Aristotelian money system as an education device, as a system which is both transparent and yet resistant to fraud, a system designed to maximise freedom and value for its participants, with money acting simply as a medium for trade and not as a tool for usury.
This maximises the human potential for relationship, art, self discovery, growth and the pursuit of higher states of consciousness.
2 – What software to use?
The software platform would probably be the Cyclos software which runs many community currencies. There is a Cyclos 4 version now available in Beta form which will be free to non-profit organisations. ( http://www.cyclos.org/ )
This Cyclos software includes online banking, mobile banking, credit and debit card creation, and marketplace e-commerce.
https://www.cyclos.org/features
3 – Two forms of money
There are two fundamental ways of creating abstract money once we move beyond gifts, barter and commodity exchanges. They are primarily debt money in private hands and asset money in the hands of the nation.
Debt money usually comes into existence at the moment of the loan creation and is burdened with the three demons of inflation, interest and taxation.
Asset money exists like the waters behind a dam wall, self-existing, relatively eternal, and when controlled correctly it supplies water and power in amounts to cause neither drought nor flood. It is the money system proposed by Aristotle.
4 – The Money Unit
I propose that the money unit for the system would be similar to the scientific measurement for the metre which is the meeting point for time, space and the speed of light. (” a metre is the length of the path travelled by light in a vacuum during a time interval of 1/299,792,458 of a second.)
The money unit then, the Aristotelian unit of A, is the distance the human body-mind of a normal 80kg human covers at walking speed (5km/hr) in a period of one hour (5000m.) This A unit deems walking, the state of ‘relaxed falling’, to be similar in value to one hour of focused mind in study and intent.
These units can then be converted into joules, calories, light quanta, etc, as desired.
This measurement is the historical meeting point for human physiology, mind, time, space and the speed of light – a measurement which has been inflation proof for the last four million years of human hunter-gatherer existence and which is inherently logical to the human psyche.
(To say that we have no money while we have the life force of the community is to be simply hung upon the ‘cross of gold’ of William Bryan.)
Further, just as all previous measurement systems used by western science became redundant when the speed of light was measured in metres, so too does this system reflect a crossing of the ‘historical Rubicon’ into the realm of quantum finance.
(FAQ1 – Why talk of walking speed when we now travel at the speed of a Ferrari? Answer – when we add the hours spent in learning the craft to make the money to own the Ferrari we may be travelling slower than the hunter-gatherers from four million years ago at 5km/hr!)
FAQ2 – What differentiates between the work hour of a doctor and a street sweeper? Answer – the sweeper can charge 10 units an hour, the doctor 100. These measures simply reflect the completed hours of learning and experience which the professional brings to the task.)
Note: At this point the A unit would not be transferable into global financial currency systems because of the inherent problems with the legal and taxation systems. The A system would simply be a self functioning marketplace to demonstrate Aristotelian principles.
5 – Central Monetary Authority
The A system will have a central Monetary Authority for the creation and removal of A money, it will not be a peer to peer system, nor a debt or gift system.
The Authority will have the power to issue A money to itself instead of external taxation for its cost structure and projects. All efforts to avoid charging interest will be made.
(Interest on loaning a commodity such as gold is logical, interest on debt money created from nothing at the point of the loan however is simply criminal.
The problem Arab banking has with the interest problem with commodity backed money should be avoided with money based simply upon human life force. Losses can simply be voided within the system and penalties imposed.
There will however be strict guidelines with the initial loans and without the charges of taxation and interest echoing through the system I suspect the losses would be minimal as interest alone can be 40% of the final cost of goods and services.
This of course is all part of the educational experiment and the belief in the essence of human integrity!)
Note: If the A system was to be used for a nation, perhaps after a debt Jubilee and a debt Commission, then the Monetary Authority would have members elected by the general population, with four year tenures, who must approve the budgets of the Monetary Authority. This removes the potential power abuses of the professional bureaucracy and the inherent human tendency to create secret cabals.
6 – Starting the system running
Upon signing up to the A system each person would receive 100 A units plus a further 20 A’s per month for five months to make a seed fund of 200 A’s.
The Monetary Authority can also create A’s to expand the system according to need and numbers. A’s can also be withdrawn if the system starts to overheat.
Each A unit would be numbered with no rehypothecation, securitisation or fractional reserve creation. Each A’s position within the system would be instantly traceable. Accounts would also be transparent so that people can view the transaction history of the people they are dealing with.
People can apply to the Authority for business loans according to basic lending principles. They can also apply to other system members with excess capital.
There could perhaps be a monthly social dividend – say 20A depending upon the flow within each personal account. Zero transactions would be a zero dividend, a normal flow of transactions creates a dividend of 20A, etc. Hoarding would not be promoted.
7 – System aspects
There would be an international section for such things as language tuition and a local section for such things as massage.
There would be a for sale section, possibly with an auction section.
There could even be a share market where we can invest in each others business’s, with each share numbered and transparent and only legitimately sold.
Member’s can also offer services to the A platform to help it expand, such as hosting, programming, administration, etc.
Members will be able to rate each other with an integrity quotient.
There would be a Forum for discussion and suggestions.
Conclusion
These then are some thoughts for discussion, the seeds for a monetary model which will only grow through time and experience. Further, with the Cyclos 4 platform now available and free to non profit organisations, the A system has become simply a ‘click and go’ operation. Let the educational curve begin!
P.S. Here now is a brief summary of Cyclos and STRO, the Social Trade Organisation, from their website. ( http://www.cyclos.org/ )
STRO’s objective is to move money as a major steering mechanism in society from causing environmental abuse and preventing many poor to optimise their capacities, to become an instrument that serves a qualitative human development. The first STRO was founded in 1970 in Holland. Social Trade promotes the opportunity for communities to optimise the circulation of purchasing power in their community. Using the Social Trade methods the potential of the community can be optimised based on the community’s culture with respect for the environment. People involved in realising the Social Trade targets are working from local offices in Porto Alegre (Brazil), Montevideo (Uruguay), Tegucigalpa (Honduras), Utrecht (Holland), Lisbon (Portugal) and Murcia (Spain).
STRO picks up the challenge described by Bank of England’s governor Mervyn King:
“Is it possible that advances in technology will mean that (…) the world may come to resemble a pure exchange economy? Electronic transactions in real time hold out that possibility. There is no reason, in principle, why final settlements could not be carried out by the private sector without the need for clearing through the central bank. (…) There is no conceptual obstacle to the idea that two individuals engaged in a transaction could settle by a transfer of wealth from one electronic account to another in real time. (…) The same system could match demands and supplies of financial assets, determine prices and make settlements. Financial assets and real goods and services would be priced in terms of a unit of account. Final settlement could be made without any recourse to the central bank.(…) Without such a role in settlements, central banks, in their present form, would no longer exist; nor would money.”
Cyclos solutions for social impact.
The objective of the Social Trade Organisation is to provide a professional platform that can be used by different organisations and institutions that are aiming on social economic impact. Cyclos supports a wide variety of implementations.
Banks in developing countries
Cyclos allows local and regional banks to compete with big international banks, because Cyclos allows them to provide cost effective state of the art on-line banking, sms banking, POS and mobile banking services. This contributes to a more diverse banking sector which makes it stronger and more competitive. Regional banks are also known to invest more money in the region contributing directly to the country’s economic growth instead of international speculation.
Barters
Because of Cyclos barters can easily be set up at low cost, the barter doesn’t have to invest heavily in expensive software. Research shows that Barters can be very beneficial to a countries economy in times when capital is scarce, making countries more resilient in times of economic crises. The reason behind this is simple. When the economy suddenly contracts enterprises which still have products or services to offer, but not enough customers. Even if company A wants to buy a product from company B and company B wants to buy a product from company A, often the money (or credit) is missing to enable trade. A barter helps these companies to trade with each other through the barter network.
Campus card systems
An University campus, where a lot of local economic activity is happening is an ideal environment to implement an Campus card (payment) system with Cyclos. Some of the features are
• Student-to-Business payments (Parking, Copy/printing, Laundry, Bookstore, Restaurant, Housing, Events & Activities, Tuition)
• Student-to-Student micro payments (any goods or services exchanged among students)
• External-to-Student payment (donations from parents, who can specify payment destination)
• Student loans (emission/management)
• Market place (students can post offers and interests in goods and services)
• Market place notifications. SMS or e-mails can be sent automatically when personal criteria are matched in the marketplace
• University notifications & mailings can be send to groups of student’s by e-mail and/or SMS (events, emergencies)
• Student business profile (profiles can be included in a website that can be viewed by local businesses)
• Job board (local business can publish Jobs & internships)
• Available channels: Web, card/POS, mobile
• Independent: Not bound to contracts with specific software providers and Banks
OK, finish!!!
See here for how the legalised ponzi scheme we are all playing a part in and vote for called the economy manifests in yet another magical way… and what to do about it:
http://gco2e.blogspot.co.uk/2013/05/mortgage-arbitrage-hedge-funds-can-see.html
Call if you are interested in a client or partner stake.
Yours,
Robin Smith
CFO – MELTFUND
http://meltfund.com