J.R.’s Zaphne Blog News for 07-17-2018

Why capitalism has become too gentle

Capitalism is not the problem

Most of them with few exceptions don’t know anything about how the Big Banks are tied to the MIC. Alas, the concept of the General Welfare is still not understood AT ALL. Bernie Sanders did a good job of corralling the thinking intellectuals on the left into Hillary ‘War Hawk’ Clinton’s slaughterhouse that countries like Haiti and Libya truly understand. Using abstractions like ‘Capitalism’, the left has been corralled into much, much worse by either well-meaning activists, or actual Imperial agents at the behest of the same bankers who got away with literally stealing entire countries’ money, lives and future, one after another after another over the last 120 years using the MIC to facilitate. For all the speculation about what is happening in Palestine, Yemen, Syria, Ukraine, what happened to Libya, for all those blaming today’s conflicts on religious differences or cultural conflicts, or the never-ending left and right ideological throw-down, friendship-ending, family-feud-starting arguments, I say all these are just distractions, because the bankers and MIC continue pillaging and killing without any resistance from you. 

Trump, today’s lead political aberration, has yet to make the right moves, despite his stated intention of passing the Glass Steagall bank separation act. Americans, Canadians, Europeans, Africans, Middle-Easterners, most of Asia and South Americans have been held hostage to the international money-laundering frauds controlled centrally by the City of London, Wall Street, the IMF and the World Bank with the MIC as their front line of offence. Capitalism abstractionism blames all privately-owned businesses, when it is in fact the Private Banking Industry which is the controlling mechanism that drives our destructive imperial and criminal war economy. The City of London is the worlds headquarters for the Private Banking Industry and Wall Street is their subsidiary. These private bankers have taken something very personal from the vast swaths of American, Canadian, European, African, South American, Middle-Eastern, Asian, and the former Soviet Union’s citizens; almost every nation on the planet has been affected by these very specific assholes for the last 100 years. 

If the U.S. were to institute bank separation now, the money, effort, and slavery to a criminal and war economy would effectively stop because the speculation of the City of London and Wall Street could no longer use YOUR hard work and savings to continue feeding their speculation and obscene profits. Resolution: Step #2. Once Glass Steagall were to be put into effect, say, through an EO by Trump, a National Bank would need to be re-instituted. Turn the abstractions into a proper form, Glass Steagall and National Banking, which begins the process of creating a new paradigm where narcissists get their just and proper treatment, where reciprocal relationships become the norm, not the exception. 

With any luck, after Glass Steagall and a National Bank are reinstated, the United States government and other narcissist victims/suppliers might just go back to the One-Party Republic-style representation it was supposed to be. 

Keywords: [“bank”,”relationship”,”economy”]
Source: https://thesaker.is/capitalism-is-not-the-problem

Discover the Networks

INTRODUCING GEORGE SOROS. New York hedge fund manager George Soros is one of the most politically powerful individuals on earth. Four years later, Soros and his assistant at Bleichroeder, Jim Rogers, set up a private partnership called Soros Fund Management. SOROS THE PHILANTHROPIST. It was in 1979 that Soros began testing the proverbial waters of philanthropy. 

In 1993 Soros established the flagship of the Soros foundation network-the New York City-based Open Society Foundations, which went by the name of the Open Society Institute until 2010. Entrusted with the task of defining the foregoing terms for the OSF, and for articulating OSF’s agendas from the outset, was Aryeh Neier, whom Soros appointed to serve as president not only of OSF, but of the entire Soros Foundation Network. In 2000 George Soros co-signed a letter to President Bill Clinton asking for a moratorium on the death penalty, on grounds that it tended to be implemented disproportionately against black and Hispanic offenders. SOROS MEETS THE CLINTONS. Around the time that George Soros initially launched his Manhattan-based Open Society Foundations, he established what would prove to be a warm and enduring relationship with Bill and Hillary Clinton, the new American President and First Lady. 

Manhattan-based child psychologist Gail Furman belongs to the Council on Foreign Relations and is a board member of Human Rights First and the Brennan Center for Justice-all organizations that receive funding from George Soros and OSF. Software entrepreneur Tim Gill is a major funder of gay-rights groups such as the Gay, Lesbian, and Straight Education Network, which is also supported by Soros. Technology entrepreneur Davidi Gilo has given at least $17,600 to J Street, an organization that is consistently critical of Israel and has close ties to Soros. SOROS HELPS CREATE TWO NEW PRO-DEMOCRAT GROUPS. Just two months after the Democratic Party had won control of both houses of Congress in the November 2006 elections, George Soros and then-SEIU president Andrew Stern created Working For Us, a pro-Democrat PAC. 

This group does not look favorably upon Democratic centrists. Soros has been pouring money into local elections because he supports local efforts to resist U.S. Immigration and Customs Enforcement and wants to cripple police in order to advance the neo-Marxist abstraction known as social justice that simplistically breaks the world down into race, class, and sex or gender…. Soros wants prosecutors to empty prisons and coddle the prisoners who remain, scale back drug prosecutions, lower bail, and eliminate alleged racial disparities in sentencing, among other things. SOROS TRANSFERS $18 BILLION TO HIS FOUNDATIONS. 

In October 2017, it was reported that over the preceding few years, Soros had quietly transferred $18 billion of his $24.6 billion in personal assets to OSF, thereby making OSF the second-largest U.S.-based philanthropy. 

Keywords: [“Soros”,”Society”,”fund”]
Source: http://www.discoverthenetworks.org/individualProfile.asp?indid=977

J.R.’s Zaphne Blog News for 05-26-2018

Capitalism is not the problem

Most of them with few exceptions don’t know anything about how the Big Banks are tied to the MIC. Alas, the concept of the General Welfare is still not understood AT ALL. Bernie Sanders did a good job of corralling the thinking intellectuals on the left into Hillary ‘War Hawk’ Clinton’s slaughterhouse that countries like Haiti and Libya truly understand. Using abstractions like ‘Capitalism’, the left has been corralled into much, much worse by either well-meaning activists, or actual Imperial agents at the behest of the same bankers who got away with literally stealing entire countries’ money, lives and future, one after another after another over the last 120 years using the MIC to facilitate. For all the speculation about what is happening in Palestine, Yemen, Syria, Ukraine, what happened to Libya, for all those blaming today’s conflicts on religious differences or cultural conflicts, or the never-ending left and right ideological throw-down, friendship-ending, family-feud-starting arguments, I say all these are just distractions, because the bankers and MIC continue pillaging and killing without any resistance from you. 

Trump, today’s lead political aberration, has yet to make the right moves, despite his stated intention of passing the Glass Steagall bank separation act. Americans, Canadians, Europeans, Africans, Middle-Easterners, most of Asia and South Americans have been held hostage to the international money-laundering frauds controlled centrally by the City of London, Wall Street, the IMF and the World Bank with the MIC as their front line of offence. Capitalism abstractionism blames all privately-owned businesses, when it is in fact the Private Banking Industry which is the controlling mechanism that drives our destructive imperial and criminal war economy. The City of London is the worlds headquarters for the Private Banking Industry and Wall Street is their subsidiary. These private bankers have taken something very personal from the vast swaths of American, Canadian, European, African, South American, Middle-Eastern, Asian, and the former Soviet Union’s citizens; almost every nation on the planet has been affected by these very specific assholes for the last 100 years. 

If the U.S. were to institute bank separation now, the money, effort, and slavery to a criminal and war economy would effectively stop because the speculation of the City of London and Wall Street could no longer use YOUR hard work and savings to continue feeding their speculation and obscene profits. Resolution: Step #2. Once Glass Steagall were to be put into effect, say, through an EO by Trump, a National Bank would need to be re-instituted. Turn the abstractions into a proper form, Glass Steagall and National Banking, which begins the process of creating a new paradigm where narcissists get their just and proper treatment, where reciprocal relationships become the norm, not the exception. 

With any luck, after Glass Steagall and a National Bank are reinstated, the United States government and other narcissist victims/suppliers might just go back to the One-Party Republic-style representation it was supposed to be. 

Keywords: [“bank”,”relationship”,”economy”]
Source: http://thesaker.is/capitalism-is-not-the-problem

Feminist Ethics

Proponents of feminist care ethics, including Carol Gilligan and Nel Noddings stress that traditional moral theories, principles, practices, and policies are deficient to the degree they lack, ignore, trivialize, or demean values and virtues culturally associated with women. Women at Level Three display a kind of thinking that is fully and properly feminist. Care’s contested status calls for the development of a more robust feminist ethics of care that includes men as well as women; certainly, it does not call for the rejection of care. Partly in response to the summons for an improved feminist ethics of care, Nel Noddings has developed an ethics that valorizes the virtues and values traditionally linked to women. Proponents of these schools of feminist thought maintain that the destruction of all systems, structures, institutions, and practices that create or maintain invidious power differentials between men and women is the necessary prerequisite for the creation of gender equality. 

Over the years, and largely as a result of incorporating many radical feminist ideas into their own theory and practice, Marxist/Socialist feminists have increasingly produced works like Juliet Mitchell’s Women’s Estate in which she argues that four socio-economic structures overdetermine women’s status; specifically, women’s role in production, reproduction, sexuality, and the socialization of children. Multicultural feminists affirm much of what other schools of feminist thought say about women’s status, but they fault them for not being fully attentive to the inseparability of structures and systems of gender, race, and class. Out of a women’s relational culture of caring and attentive love emerges the basis for a feminist ethic for the treatment of animals. Care-focused and status-focused feminist approaches to ethics do not impose a single normative standard on women. When a proponent of feminist ethics insists on highlighting women’s morality, she may simply be doing some remedial work-adding women’s moral experiences to a male-biased ethical tradition sorely in need of them. 

According to Jaggar, all feminist approaces to ethics seek to articulate moral critiques of actions and practices that perpetuate women’s subordination; prescribe morally justifiable ways of resisting such actions and practices; envision morally desirable alternatives for such actions and practices; and take women’s moral experience seriously, though not uncritically. Although it is crucial for feminist ethicists to emphasize, for example, how a policy that benefits one group of women might at the same time harm another group of women, it is probably a mistake for feminist ethicists not to endorse policies able to serve the most important interests of the widest range of women. 

Keywords: [“Women”,”care”,”Feminist”]
Source: https://plato.stanford.edu/entries/feminism-ethics

J.R.’s Zaphne Blog News for 02-14-2018

Compassionate Capitalism-Part 5

Phil Angelides: Enforcement of Wall St. is “Woefully Broken”

You know, one piece of information that we released were documents from Clayton Holdings, who performed due diligence for two dozen banks, who were buying mortgages from the Countrywides, the Ameriquests, the New Centurys, packaging those loans up and selling them to investors. What they show is in each of these banks they were buying loans, Clayton Holdings was finding that a substantial portion of the loans, I think overall from January of 2006 to March of 2007, that 28 percent of the loans did not meet the standards of the lender or of the bank buying those loans. These banks would hire Clayton to look at the loans they were buying. At the very core of this is that a lot of the focus for the last few years has been on individual transactions, individual cases where it’s been identified that institution X sold bad loans to institution Y. And if you talk to someone like Lisa Madigan, the attorney general of Illinois, she points out there’s a much bigger fraud going on here, which is the whole mortgage origination machinery of the 2000s were companies pushing fraudulent no-doc, low-doc loans into the marketplace, making those loans so they could make their fees and then passing those bad loans up through the system. I’ve always felt – take particularly the Clayton instance – that what we laid out was a roadmap, again, in black and white, stark numbers, clear evidence that banks knew of defects, and notwithstanding that, passed on millions of loans to investors. As far as what you could see, it was intentional behavior on the part of the banks to pass these loans on? You have people inside of Wells Fargo, a woman named Darcy Parmer, , who’s quoted in a report saying that on a routine basis that evidence of fraudulent loans [is] ignored by the banks. You have Angelo Mozilo in 2004 and 2005 warning that the option ARMs – you know, these are these loans where people can pay less than principal so the amount of principal accelerates – warning that these loans could bring financial and reputational catastrophe to the company. You had people who were making lots of money, being paid big fees, and not just people who were originating loans, packaging loans, selling loans – along the way, everyone’s making a fee. Whether you’re a mortgage broker, whether you’re a lender, whether you’re a bank securitizing loans, you’re making a fee.

Keywords: [“loan”,”bank”,”think”]
Source: https://www.pbs.org/wgbh/frontline/article/phil-angelides…

“Conscious Capitalism” Is Not an Oxymoron

There is a growing network of people – including the leaders of companies such as the Container Store, Starbucks, Trader Joe’s, Patagonia and Whole Foods Market – building their companies based on the idea that business is about more than making a profit. One of the most predictable responses we get from people when we mention the idea of conscious capitalism is, “That’s an oxymoron!”. We define it as being mindful and awake, seeing reality as it is rather than as we wish it to be, recognizing and being accountable for all the consequences of our actions, having a better sense of what is right and what is wrong, rejecting violence as a way to solve problems and being in harmony with nature. The interest in and widespread confusion surrounding these ideas is evident from the fact that the most searched word of 2012 on Merriam-Webster’s online dictionary was “Capitalism,” followed by “Socialism.” Type “Define capitalism” into Google’s search box and one of the first entries is “An economic and political system in which a country’s trade and industry are controlled by private owners for profit.” That is a value-laden definition – especially the words “Controlled” and “For profit.” We think of capitalism in simple and benign terms: it is simply the co-existence of free markets and free people, or economic and political freedom. Consider what has happened in just the past 200 years or so, a time when capitalism really took root as an idea in many societies. Adjusting for quality and affordability, it is estimated that the average American is 100 times better off today than 200 years ago. We therefore hold these truths to be self-evident: business is good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence and it is heroic because it lifts people out of poverty and creates prosperity. Free enterprise capitalism is the most powerful system for social cooperation and human progress ever conceived. “Conscious Capitalism” is a way of thinking about capitalism and business that better reflects where we are in the human journey, the state of our world today, and the innate potential of business to make a positive impact on the world.

Keywords: [“capitalism”,”Conscious”,”people”]
Source: https://hbr.org/2013/01/cultivating-a-higher-conscious

Is capitalism better than socialism?

Although capitalism involves creation of some sort of inequality it always provides a potential for a healthy competition, and a free market, unlike socialism which restricts any private ownership, forget any competition amongst the industrials who mostly contribute to healthy competition and development of the nation. It has been constantly proved throughout the course of the history that though socialism has been attractive to many because of the many subsidies and freebies provided, capitalism has thrived better throughout. Dheqwiufwqgc79rwguehr4hyrhrhrhr ehrehehe hrehrehrhehre hrehrehreh re gb f f f f f f f f f f f f f u u u u u u u u c c c c c c k k k k k k k k k m m m m e e e e. Capitalism is selfless, while Socialism is Selfish. You know how parents teach kids to say thank you when you get a gift or ice cream? In socialism, they would reply with “What am I entitled to” as a response, showing the immaturity and irresponsibility of Socialism, not to mention the fact that they basically put human naturebin slavery by picking out what they think is the best thing for and forcing you to like it. To correct some idiocy out there, socialism does not fail because some “Pure” notion of it was not adhered to. In almost every case the free market wins the former, while socialism conforms to the latter. Capitalism allows people to strive towards higher goals, whereas socialism allows people to be lazy. Capitalism causes people to go out and work hard for a living, whereas people who believe in socialism feel as though the world owes them something, and are willing to accept benefits for doing nothing. If socialist countries can offer to help the poor rise into poverty, then why is it that countries with centrally planned economies and subsidized health care have weak, low growth economies and higher rates of poverty than the US? It’s because not only does socialism go against human nature and human history, it leads to rationing and long waits for worse goods and services. Socialism doesn’t promise to lift everyone up, it promises a subsistence economy and a stagnant life path, which not only is contrary to the human spirit, but also leads to lesser quality goods and services, including healthcare, medicine, and even education.

Keywords: [“socialism”,”capitalism”,”people”]
Source: http://www.debate.org/opinions/is-capitalism-better-than-socialism

J.R.’s Zaphne Blog News for 02-02-2018

Can Capitalism Be Compassionate?

Two financial experts discussed these and other issues in “Balancing Capitalism and Compassion,” a presentation Thursday by the North Jersey Public Policy Network, a non-profit group dedicated to presenting facts about issues that affect public policy. Nearly 50 people turned out at to hear Dr. Bruce Mizrach, a professor of Economics at Rutgers University, and Dr. Cathy O’Neil, a Harvard Ph.D formerly of hedge fund D.E. Shaw, Risk Metrics and Barnard College, and now an activist for ethics in the economy. Through their lively presentations, complete with charts and graphs, both agreed that the financial industry has behaved badly and failed to be innovative, banks have become too large and the tax and credit systems are flawed. These devolved into over the counter derivatives, which contributed to huge bank profits, and sank further to credit defaults where “Innocent people were affected by activity they were not involved in,” said Mizrach. Mortgage bank securities, index mutual funds, and online trading were other positives that Mizrach said declined into negatives like subprime mortgages, hedge funds, and excessive trading. “Our banks grew and corporate profits are up,” but the economy is stagnant and employment rates lag. A supporter of Occupy Wall Street, O’Neil is also involved with the Alternative Banking Working Group which meets weekly at New York’s Columbia University to articulate public positions on the issues and develop initiatives for change. One of those is Move Your Money, a campaign to get people to move their money out of the big banks and into community banks or credit unions. “Big banks are too big,” O’Neil said. Another questioner asked about nationalized banking. Mizrach said the idea has some merit, but warned that since political parties trade power, it was conceivable a group like the Tea Party could oversee a nationalized bank. Mathbabe.org; or Alternative Banking at www.

Keywords: [“bank”,”Mizrach”,”O'Neil”]
Source: https://patch.com/new-jersey/paramus/can-capitalism-be-compassionate

The Art of Not Being Governed

In Section 3, I will provide some responses to common objections that people raise to Voluntaryism, and I will wrap it all up in Section 4 with some general comments on the future of Voluntaryism. Based on the above definitions, most people would agree that voluntaryism is a moral philosophy worth upholding. In my experience almost all these people will alter their stance and completely reject Voluntaryism when they discover what the logical conclusions of Voluntaryism entail. As you will probably have noticed from the above conclusions, the main opponent of Voluntaryism is government. If voluntaryism is synonymous with morality then the opposite of Voluntaryism must also be the opposite of morality, which makes government inherently immoral. Voluntaryism of course permits people to voluntarily subjugate themselves to rulers, however it is the rulers who have not been appointed in a directly consensual manner who are illegitimate under Voluntaryism. Voluntaryism is somewhat vindicated by the fact that the average person interacting with their friends, or buying things at the shops or just going about their everyday lives is already acting according to the Voluntaryist philosophy. Voluntaryism opposes these things both being funded by stolen money and being forcibly monopolized. Voluntaryism has no objections to wealth, so long as it is earned through voluntary exchange. If the government’s intrusion increased to a point where it did become unbearable I imagine I would seek out a new country which was more in line with voluntaryism. In the meantime, rather than thinking, “Voluntaryism is indeed a moral and admirable idea, but it would never work in practice,” ask yourself why it would never work, and go one step further and think “Could it be made to work if enough people wanted it to?”. Every general objection that can be raised to Voluntaryism has been a problem at one stage of history or another, and has been solved in a voluntary manner previously.

Keywords: [“Voluntaryism”,”people”,”objection”]
Source: http://www.notbeinggoverned.com/introduction-to-voluntaryism

Does capitalism work for the benefit of all, or is it just a tool to exploit the working classes? Or is Anarchy the way forward?

Capitalism explainedDoes capitalism work for the benefit of all, or is it just a tool to exploit the working classes?From Our Mayday website, April 2003. Developing from within feudal society, the birth of capitalism was violent & painful, tearing apart the existing relations of society With terrible force a new class was created – the working class – torn from the land by enclosures & on pain of death set to work in the factories. Many of us want safe, secure communities, decent housing, rewarding and varied work which is of real benefit to us. The way the world works at the moment does not deliver the things we want. WORK We are forced to compete with each other to work for low wages in order to buy necessities, and as a result the bosses and shareholders of the companies we work for and buy from make profits for themselves. We want work which is of benefit to ourselves and our communities. Where workers unite to manage themselves, they will act in their own interest and ensure decent, pleasant, safe working conditions. Both interesting work and unpleasant tasks are likely to be shared out, making work more varied and interesting. Much necessary work today, especially manual work, is despised now simply because of bad conditions and low status. There would be a lot less work to do, simply because we would not be forced to produce the endless lines of unnecessary wasteful products and useless services capitalism demands to keep making profits. We need to refuse to play the game of pitting working people of one nation against the working people of another, one state against another, or one eco-system against another. The World Trade Organisation, International Monetary Fund, World Bank, UN, NATO, North American Free Trade Agreement, G8, are all international undemocratic organisations interested in reducing conflict between capitalists, ensuring that those in power can more effectively exploit working people and environmental resources globally.

Keywords: [“work”,”people”,”community”]
Source: http://www.urban75.org/mayday/capitalism.html

J.R.’s Zaphne Blog News for 02-01-2018

Integrating Compassion in Capitalism

Here I would like to briefly share with you a few highlights of my personal journey, arguing the importance of integrating compassion in capitalism. After some initial small talk, he told me with confidence that compassion for others is in your self-interest. At Dickinson College I greatly benefited from the compassion of others. Occasionally there is an assumption that compassion means giving up on your interests and appearing kind. They are living proof that compassion and competition are not mutually exclusive. Recent scientific reports and demonstrated benefits of mindfulness and compassion techniques at other corporations gave us some legitimacy. From a business standpoint, compassion has shown itself to help break down mental silos that physical effort cannot, improve productivity, and give the practitioner more leverage from a negotiating standpoint through a better appreciation of the interests of others. Due to our success within the bank in introducing mindfulness and compassion techniques, I had the opportunity to speak at a few business conferences, including a Wisdom 2.0 conference in Google’s office in Dublin, Ireland, on the benefits of integrating compassion into business. It is clear to me that the Nalanda tradition, which is based on compassion and reason, can play a critical role for a flourishing global society. I cannot think of any culture other than one driven by compassion and reason that can help sustain our existence. As a result of our effort, we were able to help community raise approximately $500,000 from Karnataka State government toward repair of Doeguling’s main road, completed a detailed assessment report worth $100,000 raised over $30,000 of working capital, organized the community to execute the plan, trained community leaders, gave feedback to CTA to help negotiate a sensible land lease agreement with the Indian government that, and raised awareness through social media of Doeguling’s value to the world. Integrating compassion in capitalism has the greatest potential to alleviate poverty and develop a flourishing society.

Keywords: [“compassion”,”World”,”bank”]
Source: http://www.phayul.com/news/article.aspx?id=38079

Salesforce CEO Benioff: Capitalism Should Be Compassionate

The inclusive, benevolent approach of Marc Benioff has been known to those in the San Francisco Bay Area for some time. In late March, the chief of cloud computing giant Salesforce gathered support from other tech company leaders to stand up against Indiana’s Religious Freedom Restoration Act for opening the door to LGBT discrimination and making it difficult for companies to hire people who now feel that the state has an established anti-gay policy. Supporters of the bill, signed into law by Republican Gov. Mike Pence, “Sought legal protection for business owners if they denied services to the LGBT community based on religious beliefs,” explains Marco della Cava of USA Today. Benioff asked users of the Salesforce cloud-delivered system not to visit Indiana and gave stipends to Indiana-based workers to move elsewhere. If part of you thinks Benioff is a loopy maverick, keep in mind that Walmart is opposing a similar bill in Arkansas. Other top executives joined the Salesforce head in his refusal to let the bill go unanswered. Tim Cook, chief executive of Apple, penned an opinion piece for The Washington Post entitled, “Pro-discrimination ‘religious freedom’ laws are dangerous”. Jeremy Stoppelman, CEO of Yelp, argued that no one in good conscience could conduct operations in any area that has passed an act to uphold the behaviors of discriminatory businesses. A kingpin of the software-as-a-service branch of the cloud computing industry, Benioff told della Cava that he was floored by the whirlwind of activity that has taken place following an enraged tweet he shot out to his Twitter followers on March 26. The cloud computing head believes that the frustration with these anti-discrimination laws is not just about the laws themselves. “And there’s a reason,” Benioff argues. He decided to appear on CNBC to discuss the law because he was the victim of anti-Semitic discrimination in the Ukraine before moving to the US in the early 90s. Stoppelman, who sees Benioff each month, notes that he is essentially concerned with doing the right thing.

Keywords: [“Benioff”,”law”,”businesses”]
Source: https://blog.superb.net/2015/04/20/salesforce-ceo-benioff…

from the foothills

If you watch an old Bugs Bunny cartoon you will often notice something that seems absent in today’s offerings. There was a time when the creative people in America who made cartoons and movies and television programs actually used their talents for good rather than evil, a time when that flavor of individual was still proud to be American and still appreciated the principles and concepts that made America great. I don’t know when that line was crossed, when it became fact that almost all such people pine for theoretical collectivist systems that destroy freedom. Perhaps it coincides with that time decribed by Ronald Reagan as when the Democrat party left him as opposed to the often-suggested opposite. This brilliant 9 minute cartoon, titled Make Mine Freedom, was produced by John Sutherland in 1948 and does a good job of demonstrating the ism’s that claim to offer a utopia but in fact only destroy freedom and prosperity. All of the points made in this timeless video are incredibly applicable now as Americans debate, and in some cases actively work to prevent, Mr. Obama’s stated intent to “Remake” America. In the video, a snake oil salesman who could easily be Barack Obama tries to sell his tonic of “ISMs” t0 the naive representatives of labor, management, and politics. Before they readily agree to the contract trading their freedoms for security, another character representing the regular people implores them to have some sense and shows them what the results would be. “When anybody preaches disunity, tries to pit one against the other through class warfare, race hatred, or religious intolerance you know that person seeks to rob us of our freedoms and destroy our very lives. And we know what to do about it.” Let’s keep our heads on straight and fight this holding action until we can take back our government. Working together to create an ever increasing abundance of material and spiritual values for all, that is the secret of American Prosperity. Do not let yourself confuse false security with freedom.

Keywords: [“freedom”,”cartoon”,”American”]
Source: https://fromthefoothills.wordpress.com/tag/capitalism

JR Test Site News for 01-24-2018

Roosevelt-era reforms are saving capitalism-again.

During the New Deal, the government reacted to a disastrous systemic failure by creating the sort of backstops, insurance, and risk-spreading mechanisms the market had failed to develop on its own, such as deposit insurance, federal securities registration, and federally sponsored entities that would insure mortgages. Last year, the model of originating and securitizing mortgages began to break down in the wake of the subprime debacle. Mortgage companies that relied on the capital markets to raise the money for mortgages suddenly found themselves starved for cash. Had it not been for the FHLB, it’s possible that the nation’s largest mortgage lender, Countrywide Financial Corp., might have gone under. The FHA, which was created in 1934, insures mortgages made by approved lenders to borrowers who are creditworthy but not particularly affluent. As the mortgage market grew like Topsy and subprime lenders peddled credit to underserved markets, the FHA may have seemed outdated. Last summer, it created FHASecure, a program that lets certain borrowers switch from adjustable-rate mortgages into fixed-rate mortgages. “From September to December 2007, FHA facilitated more than $38 billion of much-needed mortgage activity in the housing market, more than $15 billion of which was through FHASecure, FHA’s refinancing product.” As part of the recently passed stimulus package, the FHA is also temporarily jacking up the size of the mortgages it will insure from $362,790 to $729,750. The Federal National Mortgage Association, which was created in 1938. Fannie Mae purchases so-called conforming mortgages made by other lenders and packages them into securities, which it effectively insures. Many of the financial institutions that have failed or suffered near-death experiences in the current crisis-subprime lenders, jumbo lenders like Thornburg Mortgage and Bear Stearns-essentially fell victim to runs on the bank. Even as banking companies have racked up significant losses on soured loans, and even as some tiny banks have failed, Americans haven’t rushed to yank their cash out of their checking and savings accounts.

Keywords: [“Mortgage”,”bank”,”lender”]
Source: http://www.slate.com/articles/business/moneybox/2008/03/the_new_new_deal.html

Article about Enlightened Absolutism by The Free Dictionary

The policy of enlightened absolutism entailed the implementation of reforms that abolished the most obsolete feudal institutions and that sometimes resulted in progress toward the development of bourgeois society. In the 18th century, many representatives of the Enlightenment, including Voltaire, advocated the idea of a state headed by an “Enlightened monarch” who would be capable of transforming public life on the basis of new, rational principles. With the fragmentation of feudalism, the maturation of the capitalist structure, and the spread of Enlightenment ideas, even the European monarchs were forced to consider making reforms. In a number of countries, feudal monopolies and some of the privileges of certain social estates were abolished, and peasant reforms were carried out. Reforms in the spirit of enlightened absolutism were carried out in a number of countries, including Prussia, Austria, Spain, and Portugal. Enlightened absolutism was also characteristic of Denmark, Sweden, and Russia. Some of the reforms associated with enlightened absolutism contributed objectively to the development of the capitalist structure, but feudal despotism prevailed in the policies of the enlightened sovereigns. The incompatibility between Enlightenment principles and absolutist regimes was most sharply manifested in Prussia under Frederick II. When the feudal absolutist state undertook reforms that infringed on the interests of the nobility, and especially when the reforms assumed a distinctly bourgeois character, feudal circles expressed resolute opposition, and ultimately the reforms were not implemented. In general, the policy of enlightened absolutism was successful only in countries where the bourgeoisie was in a comparatively early stage of development. Even in these countries, the period of enlightened absolutism was brief. With the collapse of the feudal absolutist system as a result of the French Revolution, European monarchs abandoned their “Liberal” undertakings in the spirit of enlightened absolutism. Almost everywhere the policy of enlightened absolutism gave way to open feudal reaction.

Keywords: [“enlightened”,”reforms”,”absolutism”]
Source: https://encyclopedia2.thefreedictionary.com/Enlightened+Absolutism

Ideology

The ideology had some significance in a world in which industrialization was irresistibly creating new circumstances which constantly threatened the status quo, and required fundamental adjustments in the lives of millions of people. War and military preparedness greatly strengthened the power of the state, and the conservative ideology supported that increase in state power. Capitalism, as an ideology, is basically the same as economic liberalism. Some socialists have argued that a working class state or a democratic state is a necessary part of the solution, but that is not an essential element of the ideology. Marxism is a very complex economic ideology, grounded in an historical analysis based on the idea of class struggle. Marxism became especially identified with the Soviet state because the leadership which controlled the state after the Russian Revolution believed themselves to be Marxist, and believed their system was the first example of the socialist state which Marx had predicted would come about. Since the United States became the leading capitalist nation, ideology became a factor in the hostility that developed between the Soviet Union and the United States. More important than the ideology was the fact that Russia had little experience with liberal government and a history of authoritarianism and centralized state power. Ideology became, in the Soviet Union, little more than a facade maintained to persuade people that the regime was identified with a noble cause. As Marxism became known by intellectuals and political leaders in less-developed areas of the world, where industrialization was in earlier stages and the vast majority of people were peasants, not workers, the ideology was again re-interpreted. The other side of the coin, so-to-speak, of the distortions caused by ideology is best seen in the wave of anti-communism which swept the United States when the Cold War developed between the United States and the Soviet Union. Just as ideology provided a cover for Soviet and Chinese despotism, so it also provided one for United States imperialism.

Keywords: [“state”,”ideology”,”economic”]
Source: http://www2.sunysuffolk.edu/westn/Ideology.html

JR Test Site News for 01-21-2018

Untitled Document

Perhaps the easiest way to start thinking about postmodernism is by thinking about modernism, the movement from which postmodernism seems to grow or emerge. Modernism has two facets, or two modes of definition, both of which are relevant to understanding postmodernism. Postmodernism, like modernism, follows most of these same ideas, rejecting boundaries between high and low forms of art, rejecting rigid genre distinctions, emphasizing pastiche, parody, bricolage, irony, and playfulness. While postmodernism seems very much like modernism in these ways, it differs from modernism in its attitude toward a lot of these trends. Another way of looking at the relation between modernism and postmodernism helps to clarify some of these distinctions. According to Frederic Jameson, modernism and postmodernism are cultural formations which accompany particular stages of capitalism. Like Jameson’s characterization of postmodernism in terms of modes of production and technologies, the second facet, or definition, of postmodernism comes more from history and sociology than from literature or art history. Finally, postmodernism is concerned with questions of the organization of knowledge. In modern societies, knowledge was equated with science, and was contrasted to narrative; science was good knowledge, and narrative was bad, primitive, irrational. In a postmodern society knowledge becomes functional-you learn things, not to know them, but to use that knowledge. Not only is knowledge in postmodern societies characterized by its utility, but knowledge is also distributed, stored, and arranged differently in postmodern societies than in modern ones. In postmodern societies, anything which is not able to be translated into a form recognizable and storable by a computer-i.e. anything that’s not digitizable-will cease to be knowledge. Such decisions about knowledge don’t involve the old modern/humanist qualifications: for example, to assess knowledge as truth, or as goodness or justice or as beauty. There are lots of questions to be asked about postmodernism, and one of the most important is about the politics involved-or, more simply, is this movement toward fragmentation, provisionality, performance, and instability something good or something bad?……. ….This association between the rejection of postmodernism and conservatism or fundamentalism may explain in part why the postmodern avowal of fragmentation and multiplicity tends to attract liberals and radicals. On another level postmodernism seems to offer some alternatives to joining the global culture of consumption, where commodities and forms of knowledge are offered by forces far beyond any individual’s control.

Keywords: [“Postmodernism”,”knowledge”,”modernism”]
Source: http://bdavetian.com/Postmodernism.html

Michael Hudson: Socialism, Land and Banking: 2017 Compared to 1917

The discussion of land rent and taxation has lost much of the clarity that guided the 19th century when it dominated classical political economy, liberal reform, and indeed most early socialist politics. Marx shared a Progressive Era optimism that expected industrial capitalism to evolve in the most logical way, by freeing economies from the landlordship and predatory banking inherited from Europe’s feudal era. By taking land, industry and finance into state control, Soviet Russia’s October Revolution created an economy without private landlords and bankers. Russia’s Revolution – like that of China three decades later – showed that the attempt to create a socialist economy had a military dimension that absorbed the lion’s share of the economic surplus. Its diplomats opposed Soviet membership on the ground that state enterprise and pricing would enable such economies to undersell capitalist countries. On balance, this neoliberal policy lay Russia’s economy open to looting by financial institutions seeking natural resource rent, land rent and monopoly rent for themselves. Having rejoined the global economy free of debt in 1991, Russia’s population, companies and government quickly ran up debts as a result of its man-made disaster. The post-Soviet collapse in the 1990s was not a failure of Marxism, but of the anti-socialist ideology that is plunging Western economies under domination by the Finance, Insurance and Real Estate sector’s symbiosis of the three forms of rent extraction: land and natural resource rent, monopoly rent, and interest. The result is that capitalism has fallen prey to resurgent rentier interests instead of liberating economies from absentee landlords, predatory banking and monopolies. The resulting political Counter-Reformation has inverted the idea of “Free market” to mean an economy free for rent extractors, not free from landlords, monopolists and financial exploitation as Adam Smith, John Stuart Mill and other classical economists had envisioned. Their strategy is to block government money creation so that economies will be forced to rely on banks and bondholders. The resulting polarization forces every economy – including China – to choose between saving its bankers and other creditors or freeing debtors and lowering the economy’s cost structure. Will the government enforce bank and bondholder claims, or will it give priority to the economy and its people? That is an eternal political question spanning pre-capitalist, capitalist and post-capitalist economies. Marx described the mathematics of compound interest expanding to absorb the entire economy as age-old, long predating industrial capitalism. These financial dynamics exist in socialist economies just as they did in medieval and ancient economies.

Keywords: [“economy”,”rent”,”bank”]
Source: https://www.nakedcapitalism.com/2017/10/michael-hudson-socialism…

JR Test Site News for 01-18-2018

Skepticblog » Capitalism-A Propaganda Story

First, let me confess that even though I have disagreed with most of Michael Moore’s politics and economics throughout his career, I have thoroughly enjoyed his films as skilled and effective works of art and propaganda, never failing to laugh – or be emotionally distraught – at all the places audiences are cued to do so. With Capitalism: A Love Story, Moore’s propagandistic props are so transparent and contrived that I never was able to suspend disbelief. One family filmed the eviction process themselves and sent the footage to Moore in hopes he’d use it, and the other was filmed by Moore’s crew. Two, because the economic crisis caused solely by said bankers has made it impossible for families to make the payments on those subprime loans they were tricked into taking by those same bankers, who themselves were suckered into a Ponzi-like scheme cooked up by Alan Greenspan and his Wall Street/Federal Reserve buddies to take back the homes fully owned by the elderly and the poor. In the fine print that the bankers carefully slipped past the elderly and the poor for these second mortgages and subprime loans, the contracts said that the rates on variable rate loans could go up, and that the house was collateral for the loan such that if the loan payments are not made the home is subject to foreclosure and repossession by the bank. In Michael Moore’s worldview, a goodly portion of the American people are ignorant, uneducated, clueless pinheads too stupid to realize the fundamental principle of a loan: you have to have collateral to secure the loan! No collateral, no loan. I looked into securing a second mortgage on my home in order to build a second home on an undeveloped portion of my hillside property, and then selling it to turn a tidy profit. What could go wrong? Well, for starters I thought, what if it takes longer to build the home than I projected? We all know how slow construction projects can be. What would happen if I couldn’t make the payments? The answer was obvious, and it wasn’t in the fine print: I could lose my primary home. Now, I’m not really a risk-averse guy, but even I could see the inherent risks involved when the home you live in could be taken away. Uh? Replace an economic system with a political system? Even the über liberal Bill Maher was baffled by that one when he hosted Moore on his HBO show. Capitalism: A Love Story, ends with a remarkable film clip that Moore discovered of President Franklin Roosevelt reading from his never proposed second Bill of Rights. The right to a useful and remunerative job in the industries or shops or farms or mines of the nation; The right to earn enough to provide adequate food and clothing and recreation; The right of every farmer to raise and sell his products at a return which will give him and his family a decent living; The right of every businessman, large and small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies at home or abroad; The right of every family to a decent home; The right to adequate medical care and the opportunity to achieve and enjoy good health; The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment; The right to a good education. There is one question left unstated: Who is going to pay for it? If there is no capitalism, from where will the wealth be generated to pay for all these wonderful things? How much does a “Decent” home costs these days, anyway? So does Michael Moore, who elsewhere in the film longs for the good old days when the “Rich” were taxed 90% of their earnings.

Keywords: [“Moore”,”home”,”bank”]
Source: http://www.skepticblog.org/2009/10/13/capitalism-a-propaganda-story

Encyclopedia of Children and Childhood in History and Society

Scholars debate how much children’s actual emotions have changed in the last five hundred years of Western history, yet all agree that the nature and extent of cultural interest in the emotional lives of children has shifted dramatically. Whether children’s souls were viewed as stained with sinful passions waiting to be cleansed, their hearts regarded as empty vessels ready to be filled with finer feelings, or their psyches seen as the seat of complex emotions ripe for discovery and discussion, over time the emotional life of children has been the focus of ever-increasing levels of adult attention. Emotional History in Context: Scholarly Debates about Historical Change The first contemporary historians of emotions found fewer differences between the emotional lives of early modern adults and their children than between early modern and modern adult emotional attitudes. Even as recent historians have largely come to agree that loving relations between parents and children were likely quite prevalent throughout the early modern period, they have also come to a renewed appreciation of the fact that-whatever the continuities of the currents of subjective emotional experience-there have been marked changes in the kinds of ideals espoused and the extent of emotions expressed by and about children in past times. For parents and children, this meant that one of the primary obligations of family life was to teach children to conquer their passions. From infancy, parents began to discipline their children’s emotions, meeting cries and tears with the switch and schooling their children to contain their emotions at all costs. Because the writing of political history usually precedes social and cultural history, and because Western European history has long predominated over that of other areas, it is clear that much remains to be discovered about the contours of the emotional lives of children outside those of the white elite. By contrast, the emotional lives of NATIVE AMERICAN CHILDREN and of AFRICAN-AMERICAN CHILDREN, whether free or enslaved, would have been markedly different from the European patterns just described. Native American children in North America would most likely have been raised in matrilineal households where cooperative work habits would have ensured young children great amounts of time with their mothers and female kin. It is a testament to the relatively pleasant emotional lives of Native American children that many European-American children so adopted were reluctant to return to the homes of their birth, even when offered the opportunity. Like Native American children, most African-American children lived with their mothers in matrilineal family groups. The parents of African-American and Native American children were not only excluded from the formal rights of citizenship, but actually denied recognition as adult members of society. Southern slave masters likened enslaved adults to children and referred to “My family black and white.” President Andrew Jackson, architect of Indian removal, referred to Native Americans as “My red children.” When these white male leaders spoke of their paternal affection for their “Children,” the centuriesold link between family feeling and public power continued to evolve. From Cherokee children forced west on the Trail of Tears, to African-American children sold south in the service of King Cotton, many children never experienced the cozy security of the republican fireside. The emotional lives of children continue to change, as do attitudes towards children and emotion itself.

Keywords: [“children”,”emotion”,”emotional”]
Source: http://www.faqs.org/childhood/Co-Fa/Emotional-Life.html