Showing posts with label class war. Show all posts
Showing posts with label class war. Show all posts

Thursday, July 2, 2015

Noam Chomsky — Austerity Is Just Class War

As Greece defaults and faces a referendum this Sunday on a new bailout package, watch Noam Chomsky on Europe’s "savage response" to the pushback against austerity demands. He spoke to Democracy Now! in March
Video and transcript.

AlterNet
Noam Chomsky: Austerity Is Just Class War
Amy Goodman / Democracy Now!

Friday, August 29, 2014

Owen Jones — It's socialism for the rich and capitalism for the rest of us in Britain

Who are the real scroungers? Free-marketeers decry 'big government' yet the City and big business benefit hugely from the state – from bailouts to the billions made from privatisation. Socialism does exist in Britain – but only for the rich.
Class war in the UK.

The Guardian (UK)
It's socialism for the rich and capitalism for the rest of us in Britain
Owen Jones

Tuesday, August 19, 2014

A Vaccine Against the CDDC Virus (Confuse-Disorient-Divide-&-Conquer Social Virus) .... Coming to a K-12 Curriculum Near You (If We Want To Maintain A Resilient Democracy)

   (Commentary by Roger Erickson.)

Madison, Washington et al warned us against factionalism ... the measles of mankind.




"One way to keep [a voting block of] 50 million [poor people] fractured is through disinformation."


Once retired professional athletes are waking up to that fact, maybe there's hope.

It's also a hopeful sign that other citizens are starting to notice that many politicians don't know how fiat currency operations work.

Yet why is it taking so long for all these signs to be noticed, by more people? Is it partly because voters, in their turn, don't understand politics or politicians?

In general, most people in nearly all of our rapidly growing variety of disciplines don't understand much about the other disciplines. The downside is that our electorate understands LESS about its nation's context every year.

To generalize from an old academic joke, "citizens receiving increasingly specialized education and training know more and more about fewer and fewer of themselves, until they end up knowing everything about nobody (and about no aggregate context)."

Here's another old joke. Our nation and it's context have become hidden from our own view, buried beneath a churning mass of blind specialists, like a cloud of mosquitoes obscuring a victim. No wonder we're stumbling around like a drunken policy apparatus. We can't even tell if that's a pink elephant encapsulated by all the blind men!

More fundamentally, not enough citizens formally recognize that over-adaptation to transient context - excess efficiency - is a death knell. Why? Too much specialization, thereby shedding the capacity for resiliency, while also instituting runaway feed-forward loops cementing institutional momentum!

That constitutes growing dissociation rather than growing coordination.

What we have is a blind cultural growth spurt, where growing aggregates have to GET clumsier before they can discriminate the signs of their growing clumsiness (aka, less agile democracy). Recognition is required before an electorate can start taking steps to regain agility, on yet another scale.

Until then, we're all stuck with understanding less about ourselves, about our context and about our options.

We have a name for classes of humans stuck in that limbo, devoid of the talent of discernment.

Homo lemmings - defined as a sub-class of homo sapiens who regularly say that "no one could have expected" reality.

No pain, no urge to adapt. What if there's less capability to recognize looming cultural pain soon enough to take early evasive action? Then there's less willingness to adapt and survive, even if options are clearly presented.

Tell that to our legions of citizens with 30 second attention spans, who have come to accept countless exhortations to not read, not explore and, worst of all, not think - and certainly not outside the boxes - or cubicles - they've been handed.

Give these people an opportunity to think, and they are prone to call you a "lazy writer."



Is there a vaccine for lazy writing? Yes, and we call it extinction, ironically, since provocative writing, which asks readers to actually think, IS a cultural vaccine. A vaccine against a vaccine is therefore an example of self-assisted suicide. Those who don't get enough remedial practice at agile thinking are sometimes termed "literalists" - people who can only see what is, not what can be.

Literalists are people who, when faced with contexts describable ONLY through a seemingly near-infinite polynomial set of interdependent variables, have difficulty imagining more than one variable changing at one time. Agile thinkers, on the other hand, practice the cultural equivalent of combinatorial chemistry - throw everything together, change many variables simultaneously in many, interleaved, experiments, and practice the ability to discriminate novel signals, on the fly, from the expanding mass of noisy data.

Literalists, ironically, often call agile-thinkers lazy. Usually because the literalists won't stoop to asking enough questions to keep up. So who are the lazy ones?

In the end, there is a simple solution to that particular friction - between the literalist and agile ends of the thinking spectrum. How much could it hurt to add many more agile-thinking "games" to all levels of K-12 education, so that a threshold proportion of citizens get adequate practice at our constantly escalating task of coordinating on a larger scale - aka, get them practice at emulating evolution? That's one elegant way to prepare a growing electorate for a better balance between long-term cultural resiliency and instantaneous cultural efficiency.


Wednesday, January 22, 2014

All Quiet On the Western Economic Front?

   (Commentary posted by Roger Erickson)



Glossing over the horrors - and rank stupidity - of Economic Trench Warfare.

Bill Mitchell's latest blog entries discussing the long run-up to the euro thoroughly remind us of a very simple yet unbelievably profound and neglected fact.

The entire western world, from Breton Woods to today, was completely intent upon "stabilizing" the Fx rates of their fiat currencies .... even though they all had originally admitted, circa 1933, that fiat currency Fx (foreign exchange rates) should float!

Insanity defined. Or rather, all nations worldwide never WERE in-paradigm!

The outcome is that our entire world economy is run to satisfy a narrow list of either oligarch, bank or industrial lobbies? And has been since the close of WWII? Pitiful! The remnants of feudalism & mercantilism still endure.

We've all been hearing of fiat currency, managed Fx rates, Breton Woods, monetary policy, and Class Warfare all our lives, as though they're independent variables. Yet the utter idiocy of presenting them as such never sinks in until someone has the temerity to call BULLSHIT! That hasn't happened since before WWII? We're still seeing the efforts of a prolonged effort to hush up an Inconvenient Truth?

The closest we ever came to distributed capitalism was when Hoover's & FDR's gov planning offices were allowed to run supreme, from 1929-1945? And apparently, that was ONLY in the USA!

Even after Nixon & Connolly closed the last faux, inter-gov gold-window in 1973, there was only a brief period until Reagan & Greenspan ramped up gold-oriented monetary policy again, to "stabilize" floating Fx rates. 

Why doesn't every organized nation consider the local unit of sovereign organizational accounting as THEIR currency, and everyone else's problem?

Ever seen a group of people even think about "stabalizing" their inter-personal blood pressures, fat reserves, or body temperatures? Standardizing intrinsic organizational variables across independent enties is specious and counterproductive. The only group that wants stable Fx rates are the merchant lobbies and personal hoarders. The vast bulk of every population would prefer to stabilize domestic organizational capabilities, and let the tiny merchant class fend for itself by being more, not less, agile.

You really can't make this up! We are capitalists in name only, and in reality still submit to a feudal, class-based system of rule by merchants. The recent national practice of bailing out bankers alone, but not the Middle Class puts paid to that premise!

And at the heart of all this idiocy, the entire field of orthodox economists are economists in name only! They're ignorant charlatans totally bereft of Situational Awareness! Data without context is meaningless, which makes data-dealers oblivious to context equally meaningless.

I wonder how much of today's insanity is simply the momentum of an academic, Luddite backlash to the pragmatic threat of planners like Marriner Eccles and the rest of the FDR Braintrust, and the theoretical threat of Douglas/Kalecki/Lerner/Keynes et al.

In retrospect, the last 80 years now looks like one, sordid period of trench warfare between social classes.

Middle Class rebellion was gathering steam from the 1890s on, with Upper Class resistance triggering two World Wars. Starting with Breton Woods, a counter-offensive by the upper looting class began rolling back much of the gains of the Middle Class. Why? Only because the Middle Class snatched defeat from the jaws of victorious progress, by sending the same old Luddite, Upper Class Looters to negotiating tables like Breton Woods!

Our Middle Class has to cease, forever, the practice of deferring to the very class of imbeciles we're constantly trying to get rid of. It's self defeating.

Today we're left with a stark question. Will the class warfare and very existence of class hegemony finally dwindle and disappear, like slavery and racism? Or, will we have some more, very ugly episodes of economic trench warfare to go through?

So far, it's seemingly All Quiet On the Western Economic Front? Nevertheless, today's economic attrition rate in the trenches is horrendously reminiscent of history, especially throughout the Balkans, all over again, even though the war is entirely economic, and not yet physical. There wasn't even a Christmas Truce this year.

As an analogy, maybe someday in the future, historians will unearth the frozen remains of Balkan economies, and finally offer them as a stark warning against class warfare? Better late than never?

Worse, the Upper Looting Class is still intent on repeating Churchill's crime, by extending an Economic Blockade in an insane attempt to permanently remove the Middle Class' capacity to reduce human Output Gaps. In the idiot savant minds of merchants and the wealthy, Luddite families they spawn, increasing Aggregate Demand constitutes rebellion?

"Structural Adjustments" are a euphemism for "A Very Perfect Instrument" of economic blockade of the Middle Class by the Upper Looting Class.

When will the 99% worldwide simply stop cooperating with the 1%? The most productive thing for all humans to do is to simply stop the mindless class warfare, and instead turn to return-on-coordination. Who would have thought that something as simple as letting floating-Fx Fx actually float would be so instrumental? Overtaxing and under-funding the Middle Class is just one, mindless consequence of merchant lobbies insisting on trying to manage floating-Fx. You really couldn't make up this degree of stupidity.

The Upper Looting Classes of faux sophisticates are still looting the very nations that support them. For human culture to advance, it sure seems like the brief window of "Permanent War Chiefs" has to end, forever, and any form of class structure as well. Whatever happened to the simple idea of a pass-through economy and complete meritocracy based on service to aggregate? Why bother with so much personal hoarding?



Saturday, September 21, 2013

Peter Radford — Business schools and inequality [HBS smackdown]


Peter Radford smacks down his alma mater, Harvard Business School, as perverted. Harsh. Managerial capitalism at its worst. The good new is that now the public is waking up to the fact that the managerial class is engaged in class warfare against them.

Real-World Economics Review Blog
Business schools and inequality
Peter Radford

See also:

Truthout | Opinion
Debating Capitalism - Redefining Outdated Terms
Richard D Wolff | Professor ofEconomics Emeritus, University of Massachusetts, Amherst




Thursday, September 27, 2012

SocSec taxes, medicare taxes, student loans ... how much of US economic initiative is left?

commentary by Roger Erickson

Student debt hits record 1 in 5 US households
"With college enrollment growing, student debt has stretched to a record number of US households -- nearly 1 in 5 -- with the biggest burdens falling on the young and poor."

Why not just be honest, and rename this pattern as indentured servitude, serfdom & hereditary slavery?

We can spend unlimited amounts of currency into existence for programs that the wealthy hire lobbyists to promote - from NASA to the DoD to agriculture and corporate and bank subsidies .... but we can't find any fiat currency to spend on mandatory education, mandatory public health measures, or mandatory minimum care for our own elderly? Rubbish!

It's not just that our electorate doesn't understand how a fiat currency works, they simply don't understand their situation. That's a recipe for disaster.

A foolish population & their future are soon parted.

We're already deep into a civil war.

"Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their [personal] gains."
Thomas Jefferson

That's what I was trying to get at in an earlier post, pointing out that we're duped into fighting a civil war against ourselves, by proxy.  Apparently this crowd doesn't know what a prion is anyway.  Anyone have the imagination to write out contingency tables for what's next, i.e., what lies beyond even social variants of the prion phenomenon?  It really doesn't matter how exactly we describe & document the escalating crimes in an evolving class war.  All that matters is what we do about them, and how quickly.  An ounce of prevention is still better than a pound of cure.

Until then, we're once again manipulated into pitting ourselves against ourselves, this time for the twisted principle of merchant's rights, not even states rights. Same real stakes, however.

Tuesday, September 11, 2012

Class Denial at Harvard Law: Rich People Defending Rich People

commentary by Roger Erickson

Nice to know that at least a few people at Harvard actually have their head screwed on straight. Larry Summers hasn't completely ruined the place yet.

Best to remind yourself that life is about being and becoming, not having and acquiring.

Dynamic asset value always trumps static asset valuations. The concept of wealth has short, medium and long term aspects.

Do we care what incomes our grandparents, 7 generations back, had? Think continuity.

We put currency prices on relatively few of the things we utilize. How much to sell your:
spouse?
citizenship?
kids?
siblings?
parents?
friends?
co-citizens?

Just to name a few.