Ep 19 VIDEO PREVIEW – John McMurtry explains the immutable social imperative to flip this cancer paradigm to life-coherence and how knowledge is the secret to all human advancement. Read More
Below are two emails I penned yesterday and disseminated which I am reproducing here (with minor spelling and grammatical corrections). Dear Colleagues: It is fitting that this be shared as I have been following Prof Werner’s work over several years and there is life-value consilience between McMurtry’s (LVOA), Galtung’s (Peace Studies), Eisler’s (Cultural Transformation… Read More
The 2008 financial crisis spread from Wall Street to the world almost overnight, threatening the lives and livelihoods of millions, even though its causes had nothing to do with the production and distribution of any of the basic necessities of life. Instead, the crisis erupted because the financial system had become unhinged from its real function: supplying credit to productive enterprises. Finance capital increasingly made its money from complex “derivatives,” which are not claims on a company’s proﬁt (as shares are) but on debts packaged and sold as investments. Immense profits were made, which provided the incentive to create more derivatives, causing debts to be piled on debts, all sold with guaranteed returns. Many of these derivatives involved American mortgages. Since these were backed by a physical asset (the house), they were advertised to institutional investors as highly secure, but the models assumed that housing prices would continue to rise. As it turned out, the housing market was a bad-mortgage fuelled bubble. When it burst, the “mortgage backed securities” became worthless, and banks from Athens to Iceland collapsed. Instead of having to foot the bill for their recklessness and greed, major banks were bailed out with hundreds of billions of dollars of public money. Workers lost their jobs, housings, and savings; Wall Street bankers paid themselves bonuses for the greatest failure of the financial system since 1929.
Reproduced from: http://www.globalresearch.ca/understanding-the-cancer-stage-of-capitalism/5349620 While US President Barack Obama bangs loud drums of war, the Pope (the first of the Catholic Church to choose the name of Francis) accuses “the great ones of the earth [to] want to solve” the world’s crises “with a war… Because, for them, money is more important than people! And war is… Read More
Reproduced from: http://www.islandnet.com/plethora/mai/cancer.html Our social immune system is being overwhelmed by growing out-of-control money market cancer By John McMurtry [John McMurtry, professor of philosophy at the University of Guelph, uses the metaphor of modern capitalism as a cancer to describe the recent uncontrolled spread of global capitalism. Its invasive growth, he argues, threatens to break down… Read More
What I hope to do in this article is to use what insights I have gained so far from my expertise as a medical specialist in terms of diagnosing and the treatment of diseases and see how far I can go in applying Professor John McMurtry’s life-value compass to the insights I have discovered along the way. I will draw heavily on my article, The Secret to a Healthy Nation – in-depth article based on presentation given at Operation Rescue’s fundraiser on October 3, 2015, and the critique of it by Prof McMurtry in The Secret to the Ill-Health of Nations.
I would like you for a moment to forget everything you have learnt and the interpretatations of all the experiences of your encounters. I would also like you to imagine there are no nation states, no religions, no money and no schools of thought or any other concepts that usually divide us, like race, ethnicity,… Read More
On January 8, 2016, I was moved to make contact with Professor John McMurtry, after starting to read his book, ‘The Cancer Stage of Capitalism: From Crisis to Cure‘ (CSC-2). What I read provided context for a better understanding of an article I wrote entitled, ‘The Secret to a Healthy Nation‘ (SHN). CSC-2 provided the ultimate… Read More
(Cartoon originally copyrighted by the authors; G. Renee Guzlas, artist) In the previous blog article entitled, The Secret to a Healthy Nation, an attempt was made to identify the ROOT CAUSE of the causes of our physical, mental, social and environmental diseases. After outlining in detail, 1) the prevalence of the diseases and their risk factors in our nation, 2) the pathogenic metabolic, social, mental… Read More
What we need to do now is heal the wounds of this life-destructive operating system at all levels, and rebase our global reserve money system on life-capital sequencing. This would help us to transition from a system where self-preservation based on petrodollar recycling supremacy or national security trumps (pardon the pun) life-capital recycling or global security. All of our trade deals and wealth management exercises and rules of engagement can now be rebased and re-coupled on building mutual understanding, mutual respect and mutual caring for all life capital – past, present and future. This would then assist us in moving from a petrodollar recycling dictatorship and catalyse the creation of a more democratic, or better yet, a meritocratic world, where the global insecurity of the world no longer exists, and the raison d’être for 1) wars, be it on drugs, cancer, obesity, and terrorism, and 2) inequality-creating wealth management strategies need never rear their ugly heads again.