Reproduced from: https://artsonline.uwaterloo.ca/rneedham/sites/ca.rneedham/files/needhdata/McMurtry-1.html How Unexamined Premises Lead to World Oppression: John Locke, The Theory of Private Property and Money John McMurtry College of Arts Department of Philosophy University of Guelph The most fundamental principle of the market doctrine is the grounding of human right and freedom in private property. This principle is foundational because one… Read More
Published on Jun 2, 2016 http://moneyandlifemovie.com/synopsis SYNOPSIS MONEY & LIFE is a passionate and inspirational essay-style documentary that that asks a provocative question: can we see the economic crisis not as a disaster, but as a tremendous opportunity? This cinematic odyssey connects the dots on our current economic pains and offers a new story of… Read More
Uploaded on Mar 30, 2011 Banks have a pivotal function in the economy, they are the main creators of the money supply. In granting or issuing so called ‘loans’ to their customers they create the money that is essential to make the modern economy work. In fact says Prof Werner: ‘there is no such thing… Read More
The secretive jurisdictions of international financial centers which claim to be essential for capital growth and development, like state communism, is going to be the downfall of corporate crony capitalism, as both support conformity and rigidity of ideas in a top-down hierarchical pattern as “efficiently” as possible. This is done without challenge from outside; hence the stifling of genuine innovation and genuine resilience and ability to adapt to new knowledge of our destructive potentials in all of life’s spheres of influence and concerns, hence producing the persistent lack of truth and reconciliation and healing of all of the maladies of humanity and the planet. If this is not a form of globalised supranational “communism” now on steroids, where there is pervasive reverse projection, where the meanings of our labels have been tranmorgrified and no longer mean what they are supposed to mean any more, then I don’t know what is!
For example, do we really still have a “free market” and “democracy” anymore? Aren’t these ideals now usurped by the diktats of the financial-military-corporate media-digital collusive complex which now reign supreme where we have concentration of wealth and power at the top? When The Establishment preaches freedom of choice, freedom of mobility and freedom of privacy, are they talking about freedom for entitlement of theirs at the top, while relegating those of us at the bottom to a form of mental, social and debt slavery? Where is the genuine democracy and freedom in that? Should we not have by now an intelligent system that matches unused life resources to unmet life needs by the supply and demand principles of the free market? What about the genuine ability of the electorate to chose a leader of their choice without the rules of engagement being gerrimandered to maintain the power structure in the first place? Where is the economic and political justice in all of this? Again I stand by my claim that the only difference between state communism and corporate croney capitalism is not one of kind, but one of degree and scale, and the reverse projections that the latter creates to block out the obvious consequences of our life destructive and human indignifying machinations.
Many of us may have been distracted during our life journey to not see that physical infrastructure that perfuses and “guides” the world and whose processes are the foundations of all life, and have missed the immeasurable uniqueness and interconnectedness of all things. Absent this spiritual insight, many of us became rudderless and were blindsided by fear and misunderstanding of it all, and in its absence manufactured a worldview of ideas and theories that we now know is antagonistic to the sustainability of all life, be it at the cellular, organ, individual, family, community and planetary level. It is at these levels we more likely than not engaged in activities, be they in thought, word or deed, that ended up hurting ourselves, each other and the planet that supported us. It is this veil of ignorance coupled with fear of the unknown that has undermined the life-supporting and empowering networks in our midst, and our modern political and economic theories have evolved to the point in which we put individual pleasures above collective wellbeing, and the directive of profit-maximisation over and above everything else. It is when our individual and collective activities celebrate and resonate with these life-enabling activities that we become an instrument of all that is good in this world. The flip-side of this statement is that when our man-made rules conflict with the rules of nature and do not synchronise with them, then we in effect become instruments of all that is evil in this world.
I have been painstakingly following the events of the Greek sovereign debt crisis, and the article yesterday entitled #ThisIsACoup: Greece bailout demands spark social media backlash against Germany struck a deep chord within me as the issue of our own sovereign debt crisis and our handling of it has been on the forefront of my… Read More
An essay on financial crises opens as follows: “What is mankind’s greatest invention? Ask people this question and they are likely to pick familiar technologies such as printing or electricity. They are unlikely to suggest an innovation that is just as significant: the financial contract. Widely disliked and often considered grubby, it has nonetheless played… Read More