THE BANKS AND THE CANCER STAGE OF CAPITALISM: FROM CAUSE TO CURE | Prof John McMurtry (1997)

(Abstract)

There is a hidden war of value codes in the world today. On the one hand, there is the life code of value: Life → Means of Life → More Life (L → M of L→ L1). On the other hand, there is the money code of value: in its classical form, Money → Commodity → More Money ($ C → $1). In its carcinogenic form, this sequence becomes: Money → More Money → More Money ($ → $1 $2  $n). The latter money sequence of value is decoupled from any commitment to life function and is driven by the lending and investment cycles of banks. This paper demonstrates the carcinogenic properties of this sequence at the social level of life-organization.

The second part of the paper proposes a remedy. The first step consists in making the government-conferred privileges of banks – creating money by credit and lending others’ money stocks at compound interest – accountable to society’s life requirements. The second step consists in returning central banks to their constitutional mandate of lending to governments rather than alienating this function to private banks. The article concludes by arguing that the great obstacle to Canada’s and other countries’ economic well-being is the abdication by governments of their sovereign powers over society’s money supply, and the long cultivation of public ignorance on this ultimate issue of public policy and value decision.

John McMurtry
Department of Philosophy
University of Guelph

Bank of Montreal Distinguished Visitor Lecture, Trent University, March 13, 1997. Read More

Climate Catastrophe and Social Justice: Analysis and Action (2008) | Prof John McMurtry | scienceforpeace.ca

Published 2008-10-04 by John McMurtry

Keynote Address

Science for Peace and University of Toronto Students Union Conference
Climate Catastrophe and Social Justice: Analysis and Action
October 4, Earth Sciences Building, University of Toronto

The destabilization of the world’s climate and hydrological cycles is a catastrophic effect of a more general disorder to which it is not connected — the failed global market experiment and its regulating money-value system which brings degradation and despoliation of human life and life support systems at virtually every level of life organization.

Read More

Your Money or Your Life: John McMurtry and Martha Nussbaum on the For-profit Assault upon Life-capabilities | Giorgio Baruchello (2011)

Philosophical reflections by John McMurtry and Martha Nussbaum are presented in this article qua projections of the capabilities approach to life that has been developing in the humanities and social sciences over the past twenty-five years. In particular, it is shown how both McMurtry and Nussbaum reveal that human life is under attack not solely because of the eco-biological collapse denounced by the world’s scientific community at its highest levels, but also in many of those socially evolved civil commons that contribute to the flourishing of life’s capabilities and, in essence, make life worth living. What is more, a common causal root is found behind this ongoing two-pronged assault upon life capabilities, that is to say, the defining search for ever-increasing profits of the global free-market economy.

Read More

Good and Bad Capitalism: Re-thinking Value, Human Needs, and the Aims of Economic Activity | Giorgio Baruchello (2009)

The world is experiencing a twofold crisis. On the one hand, the global, virtualised economy is collapsing and, in its fall, it is bringing down significant sections of the real economy. On the other hand, the environmental collapse of the planet is also marching on, and there is no clear sign that this may stop soon, for the most commonly discussed paths for economic recovery seem to rely upon further spoliation of the Earth’s life support systems. In this book chapter, the reader is to encounter an account of this twofold crisis in light of the deeper axiological grounds that are causing it. To this end, the present author refers extensively to the theory of value developed by Canadian scholar John McMurtry, according to whom: “[F]inancial crises always follow from money-value delinked from real value, which has many names but no understanding of the principle at its deepest levels.”

Read More

Capitalism and Freedom: The Core of a Contradiction – An Essay on Cornelius Castoriadis and John McMurtry | By Giorgio Baruchello (2008)

0.0 Capitalism and freedom is not only the title of a 1962 book by Milton Friedman playing a pivotal role in asserting worldwide the neoliberal paradigm, but also the slogan that leading statesmen, politicians and opinion-makers have been heralding in recent years, in order to justify, amongst other things, the slashing of welfare states and the invasion of foreign countries…

Read More

BE STILL AND KNOW LIFE-VALUE ONTO-AXIOLOGY – A collection of essays by Prof. John McMurtry | globalresearch.ca

DOWNLOAD PDF

Table of Contents

  • I. THE RIGHTS OF THE “HUMAN” OVER THE “NON-HUMAN”: THE UNDECLARED WORLD WAR OF HUMAN RIGHTS VERSUS CORPORATE RIGHTS
    • Right to Life: From Right-Wing Slogan to Life-Grounded Comprehension
    • Intrinsic Life Worth and Humanity’s Universal Being
    • Projecting Personhood onto the Non-Human to Deprive the Human
    • The Life-Value Onto-Ethic in Contrast
  • II. FINDING THE LOST LIFE-VALUE GROUND AND MEASURE: THE COMMON LIFE INTEREST OF LEGITIMATE RIGHTS AND SOCIAL JUSTICE
    • Capabilities: Regrounding Amartya Sen and Martha Nussbaum in Life Need and Value
    • Individual Differences and the Life-Value Criterion and Measure of Legitimate Rights
    • Thinking Past the Life-Blind Paradigms
    • The Universal Human Life Necessities
    • Universal Life Needs the Basis of All Legitimate Rights
  • III. GROWING THE LIFE GOODS BASE: BEYOND MONEY, IDEOLOGY AND PRODUCTIVE FORCES
    • Why Marx Does not Solve the Problem
    • Predictable Downfall of Human and Planetary Life Until Life-Value Turn
    • From Moral and Legal Philosophy to Marxian Revolution: The Missing Life-Ground
    • The Modern Blind Eye: No Life-Value Standard to Steer Productive Development
    • The First Requirement of Social Justice: Re-Grounding in Universal Human Life Goods
    • Recognising the Human Vocation Above All
    • Right of Access to Universal Life Goods: The Missing Argument
  • IV. THE UNIVERSAL HUMAN LIFE NECESSITIES: THE LIFE GROUND OF ECONOMICS AND HUMAN RIGHTS DEFINED
    • Blocking Out Life Necessity: The Compulsion of High Theory
    • The Universal Life Needs and Goods: Explaining the Base of All Rights and Obligations
    • Beyond the Invisible Hand: Naming Humanity’s Universal Life Necessities and Goods
    • How to Test the Universal Life Goods and Necessities for Validity
    • Sufficiency and Insufficiency of Provision Recognised by Life Capacity Margins
    • Thinking Through “From Each According to Ability, To Each According to Needs”
  • V. RECOVERING THE BASES OF OUR LIVES FROM SILENCE AND OCCUPATION: THE HUMAN VOCATION, THE CIVIL COMMONS AND SOCIAL JUSTICE
    • Being Human: Why We Must Work for Our Own Life Good and Others’ at the Same Time
    • The Civil Commons: Real Economic Base and Social Correlative of the Human Vocation
    • The Corporate-Rich War on Civil Commons to Expropriate and Degrade Them for Profit
    • From Commons-Blind Theory on Both Sides of Class Division to Life-Goods Economy and Justice.
    • Regaining the Lost Bearings of Civil Commons as First Premise of Human Evolution
    • From Corporate State versus Social State to Life-Coherent Rationality
  • VI. EVOLVED CIVIL COMMONS VERSUS CORPORATE GLOBALIZATION: A PERFORMANCE EVALUATION ACROSS UNIVERSAL LIFE GOODS
    • Re-Setting to the Common Life-Ground of Our Existence
    • Economic Advance and Social Justice Both Decided by Universal Provision of Life Goods
    • Atmospheric Goods
    • Bodily Goods
    • Home and Habitat Goods
    • Environmental Integrity
    • Life-Protective Goods of Security and Healthcare
    • Cultural Life Goods
    • The Good of Human Vocation
  • VII: WHY CONTEMPORARY JUSTICE THEORY FAILS: THE MISSING COMMON INTEREST OF HUMAN RIGHTS AND REASON
    • Abstracting Away Everything that Ultimately Matters: Mapping High Theory’s Correspondence to the Life-Blind Ruling System
    • G.A. Cohen’s Egalitarian Rescue Remains Within the Ruling Alibi as First Premise
    • Economic Science and Pareto Optimum/Efficiency Unmasked in Principle
    • Rawlsian Justice as Trickle-Down Myth in Formal Costume
  • VIII. BEYOND EQUIVOCAL EQUALITY AND MASKING MYTHS: GROUNDING JUSTICE IN WHAT WE ALL NEED TO LIVE AS HUMAN
    • From Rational Plan of Life to Human Vocation: The Ultimate Moral Regrounding
    • Life-Ground Ethics Rejects a Career Plan as a Universal Good of Justice or Morality
    • Linking Life Right and Obligation at System-Wide and Historical Levels
    • The Life-Coherence Principle, Civil Commons, and the Human Vocation
  • IX. REGAINING THE REAL ECONOMY FROM THE CANCER SYSTEM: THE CHOICE SPACE FOR HUMANITY’S EVOLUTION OR DESTRUCTION
    • Evolution of Humanity by Rules of Life-Enabling Economy and Justice
    • Progressive or Regressive Meta Pattern of History?
    • The Corporate-State War Against Human Evolution
    • Recovering the Real Economy in Principle and Fact
  • X. THE SOCIAL STATE VERSUS THE CORPORATE STATE: FROM EUROPEAN FASCISM TO GLOBAL MONEY-SEQUENCE ABSOLUTISM
    • Social State Evolution versus Corporate State Growth: The Battle Lines Defined
    • From the Depression, Anti-Fascist War and Decolonisation to the Corporate Occupation
    • The Morality of Corporate Rights: No Rights Except for Private Money Sequences
    • Social Justice and Economic Integrity: The Life Code in Social Defence
  • XI. THE LIFE-AND-DEATH WAR OF RIGHTS SYSTEMS DEFINED
    • Defining the Global Corporate Mechanism in Formal Terms
    • The Age-Old Life Economy of the Civil Commons versus the Corporate-Rights System
    • Holding and Advancing the Life-Ground of Resistance: Clarifying the Civil Commons of Economic and Human Rights Around and Under Us
    • Beyond Amnesiac Despair: The Life Economy and Human Rights Base Already Won
    • The Real Private Sector is the Opposite of Global Corporate For Profit
  • XII. HUMANITY’S EVOLUTION AND THE GREAT REVERSAL: AN ANATOMY OF THE CORPORATE RIGHT COUNTER-REVOLUTION
    • Getting Our Historical Bearings in the Turning-Point Time
    • The Great Reversal
    • The Historic Choice Today
  • XIII. HISTORY’S LONG WAR FOR LIBERATION: RECLAIMING THE LIFE RIGHTS WHICH HAVE BEEN WON
    • The United Nations Universal Declaration of Human Rights
    • Societies’ Life Rights Against Corporate Fascism Across Borders
    • Resolving Confusions of Meaning to See the Historical Pattern Across Generational Time
    • Reclaiming and Moving Beyond the Human Life Rights That Have Already Been Won.
  • REFERENCES

Read More

First principles in the life sciences: the free-energy principle, organicism, and mechanism | Matteo Colombo and Cory Wright

Abstract

The free-energy principle states that all systems that minimize their free energy resist a tendency to physical disintegration. Originally proposed to account for perception, learning, and action, the free-energy principle has been applied to the evolution, development, morphology, anatomy and function of the brain, and has been called a postulate, an unfalsifiable principle, a natural law, and an imperative. While it might afford a theoretical foundation for understanding the relationship between environment, life, and mind, its epistemic status is unclear. Also unclear is how the free-energy principle relates to prominent theoretical approaches to life science phenomena, such as organicism and mechanism. This paper clarifies both issues, and identifies limits and prospects for the free-energy principle as a first principle in the life sciences.

Keywords Adaptation · Free energy · Life · Mechanism · Organicism

Read More

Baselines for Human Morality Should Include Species Typicality, Inheritances, Culture, Practice and Ecological Attachment | Darcia Narvaez (2019)

Empirical studies involve WEIRD but also unnested (raised outside humanity’s evolved nest) and underdeveloped participants. Assessing human moral potential needs to integrate a transdisciplinary approach to understanding species typicality and baselines, relevant evolutionary inheritances beyond genes, assessment of cultures and practices that foster (or not) virtue, and ecological morality. Human moral reason (nous) emerges from all of these.

Read More

From Political Warring Insecure Complexes to TRUE PEACE INITIATIVES based on UNITY of COMMUNITIES

It all started last week, when I had another flare of my recurrent joint problems, which are usually triggered from stress at the workplace that appears to be going from bad to worse. I have been trying to wean myself off steroids for the inflammation in my joints over the year, but each time I… Read More