----- Original Message ----- From: John Hermann <[EMAIL PROTECTED]> To: John Hermann <[EMAIL PROTECTED]> Sent: Saturday, 25 December 1999 2:41 PM Subject: Our dead end monetary system > Economic Reform Australia > ERA EMAIL NETWORK > > Date: Fri, 24 Dec 1999 > From: Ed Deak <[EMAIL PROTECTED]> > Subject: Our dead end monetary system, was "Bluecollar economics" > > It is rewarding to see that more and more people are beginning to realize > that unless the present monetary system is changed the world will continue > to go hell in a handbasket. Perhaps not the most appropriate thing to say in > this holiday season, but also perhaps it is the time to reflect on the facts > of life to make it possible to expand the holiday seasons and make the world > a more hopeful place for our endangered specie of humanity........ > > I wrote the enclosed posting 3 years ago to another list and it seems to me > that the main point that I made was even then the danger caused by an > outdated and totally corrupt monetary system that could indeed kill whatever > civilization we may have left. I have outlined the points I made on the > subject of the monetary system. > > I would also take this opportunity to wish all of you a very happy holiday > season and a successfully subversive new year. Especially the latter. If the > human race doesn't succeed in pulling itself up by it's bootstrings now, in > the near future, it never will. > > With all the very best from the snowcovered forests of British Columbia. > Cheers, Ed (Ed Deak, Big Lake, BC, Canada) > > Date: Thu, 02 Jan 1997 > To: [EMAIL PROTECTED] > From: Ed Deak <[EMAIL PROTECTED]> > Subject: Bluecollar economics > > Dear Friends, > > Well, we might as well start the new year off with a bang............ > Many years ago a British politician said: "War is too important to be left > to generals" He was correct. However, generals are not the creators, only > the executors of economic theories, which have always included wars. Only, > today we call them "competition" to obfuscate the smell of rot and blood. > > Economic theories kill more people than wars, therefore economics is also > far too important to be left to those who claim to be economists. If falling > bridges and crashing airliners would kill 10% of people killed by economic > theories, all engineering faculties and practitioners would be padlocked. > > Economists may be "attempting" to lower costs, but they fail miserably, > because the models they use are worthless hallucinations. In the 25 plus > years since I started looking at costs to survive as an independent > manufacturer, I don't know of a single economic theory in practice that had, > or could have reduced, costs. Automation, mass production, hi-tech, free > trade, globalization are all attempts that failed and instead of lowering > are raising costs, creating inflation and misery. > > Can anybody name a single idea, in a Canadian context, by economists like > John Crispo, Alan Rugman, Syvia Ostrey, Michael Walker, Arnold Block, Herb > Grubel, etc.etc. that had increased living standards and cut costs? Where > are the lower costs? Why did our living costs double in the 7 years since > the FTA and so on? > > The presently ruling dictatorial economic systems, like the idiot twins of > capitalism and communism, are nothing but bullshit and econometrics are the > decorations carved on them by those cute yellow flies. > > A lot of interesting thoughts came on the list since the debate on > "Materialism" started, yet, I am surprised that nobody came up with the > obvious: All the debate was over EFFECTS, BUT NOT THE CAUSE that created and > creates them. > > The GDP, GNP, consumerism, materialism, environmental and human damage, > etc.etc. are all effects of a simplistic ideological theory. It is neither a > science, or economics, but a nightmare of unsupportable rationalizations > that grew like cancers from single cells. We can't cure the sick body by > trying to minimize the effects. The only solution is an operation to remove > the cancerous cells, before they spread over the whole body. There are no > compromises. > > Like cancer, one of the fastest growth systems, the need for constant > expansion, or "growth", demanded by sick theories are the usual, historical > acts of desperation by inefficient demagogues trying to survive for another > day. > > In effect, this growth mania and it's phoney reporting mechanisms, the GDP > and GNP, are nothing more than the classic, traditional pyramid schemes that > depend on wider and wider exploitation, before their inevitable collapse. > > No warring (competitive) society, or ruling system can survive > indefinitely. If anybody disagrees, please show me where they are? > > Where are the great warrior societies of the Avars, Kuns, Egyptians, > Macedonians and a thousand more? > > The Athenians fought themselves into slavery and extinction, but at least > they left us a few buildings and great traditions in art and philosophy. The > only thing left of the mightiest warriors, the Spartans, is a tablet at > Thermopylae, where the Persians of Xerxes slaughtered them on their own way > to oblivion. Who was King Arthur and where was Camelot? Who and what were > Attila's Huns? Nobody knows. The Vikings are now making butter cookies. My > Magyar ancestors have raided on horseback as far as Spain until only seven > survivors were sent home with their ears and noses cut off, after the battle > of Augsburg in 955. Where is the mighty Mongol empire and so on and on, > endlessly throughout the ages? > > They all gather at the same place where today's "competitive" money > markets, the Dow Jones, Hang Seng and the commodity futures of Chicago are > heading for: In the garbage heap of history. > > =========================================================================== > > Our environmental and human degradations are caused by the inflation of > the money supply. We are in a major, uncontrolled, devastating and > unreported inflation, because the statistics and the reporting systems do > not exist to measure the worst kind: That of monetary capital. > > The profit and interest demands of the present system cause gross > inefficiency, causing environmental and human destruction. As I have written > many times before: By far the major cause of deforestation and resource > depletion are not caused by human needs, but by the demands of artificial > capital. As the investment capital grows, so does the damage. Again, there's > no escape, or compromises. > > Sustainability is an impossibility, when the banks of the world can churn > out endless capital and the corporations endless numbers of artificial > people in the form of shares. How can living people resists the > psychological warfare of constant brainwash and propaganda to widen the base > of this pyramid fraud? > > Nobody in their right mind would wish to go back to gold standards, but at > least they had some form of braking, balancing and limiting effect on > capital creation, which is now out of control. Yet, until some form of a > braking system reinstated, all talk of sustainability is useless. > =========================================================================== > > From the point of efficiency: The vast majority of the fuel used by the > present, outdated engine of economics is not to create useful work, but to > drive the engine (in this case the corporate system) itself. Through > uncontrolled capital creation this inefficiency grows by the minute, > creating more devastation. Look at the balance sheets of corporate systems. > The bigger they grow, the more investments and profits they have, the more > inefficient and the more burden on the real economy they are. It is all > there in the reports, visible and obvious. > > The Genuine Progress Indicator, quoted by Maureen Hart in her Dec. 29 > posting, at least makes an attempt to identify the present money creating > system as the culprit. I've never heard of it either, but it makes more > sense than what I read from "noted" and "respected" economists and > "prestigious economic thinktanks". (Who is the higher ranking the "noted", > or the "respected"?) > > The most important steps for economic overhaul should be: > > 1. The realization that the present corporate and monetary systems have > outgrown their usefulness and are becoming a gilded form of communism > through the corruption by ultimate power. > > 2.a. The removal of the rights of money creation from the banks and from > any self interest group, and placing it under strict public control under > international agreements, checks and safetyguards. (The standard argument > against government, or public control of the money supply is that it would > lead to uncontrolled money creation, inflation and spending spree. Well, we > have it now. Money is a license, sanctified by governments for energy > control. It is now out of control and the public has no right to ask what is > going on?) > > b. The replacement of the GNP and GDP with something that measures real, > not fictional, values based on physical efficiency. A GDP without emphasis > on human and ecological interests, i.e. employment, health and social > services and environmental protection is a worthless lie, as it is now. > > At this time money can not be created to employ, educate, heal, or to make > people useful and to prevent environmental damage, as there's no profit > in it. Therefore the creation of money for the most important things is > calculated as a "liability", whereas the damage causing part is an "asset"? > Here's the creation of sows' ears out of silk purses and it is being taught > as economics at universities. Some of the textbooks remind me of the Mad > Hatter's tea party. > > c. Strict public controls over tax deductible expenses by businesses, > which at present encourage unemployment, pollution and waste. I.e. we need > capital investment based on X number of employees, so we won't get this > irresponsible $2-3 million and more investment per worker, bleeding the > world dry. > > d. Controls over the spread of income between the highest and lowest paid > employees. I believe some classic theorists have set this at 10 times, which > sounds much better than the present unlimited payments. > > Here we have the Royal Bank of Canada, multiplying it's profits and > layoffs every year. The average employee gets $21,000/year and pays taxes, > the CEO gets $2.3 million and doesn't. His excuse is that in the USA he > could make more. Well, goodbye Charlie who the hell needs you? Anybody who > can't make it on $200,000/year belongs in an insane asylum anyway. > > 3. New standards to calculate inflation. For example: A working shirt > costs $10. and should last 2 years. Lately, through "globalization" the > buyers have no protection, no choice, no "caveat emptor" possibilities in > any sector, because we no longer have any of the standards we used to have > under national economics. > Now shirts may last only 1 year, while dyeing and ruining a washer full of > clothes, or just a few months. This is unreported inflation, because a > product that used to cost $10. now costs $20. or $40. through limited use. > But this inflated waste jacks up the GDP, so everything is OK ? > > "Some" economists do not realize that when we cut the quality of inputs > into certain products by 5% or 10%, it may be reported as "cost cuts", but we > may cut the life expectancy, or usefulness of the product by 50%, or more, > which is unreported, huge inflation, waste, stress on the public, etc., but > also it also pops up the GDP. Makes sense to anybody? > > Right now the Pacific Northwest is recovering from a large blizzard. > Hundreds of millions of dollars worth of cars and boats have been destroyed > by collapsing carports and boathouses. For a small fraction of the original > building costs many of those sheds could have been built to survive very > easily, but the money machine prevented it, again taught as "good economics". > We watched on TV as a carport collapsed over a new car and driver in > Seattle, for the sake of 1 or 2 pieces, of $2. 2x4-s. Again a great jump in > the GDP, but at what real cost? If this is not real inflation, what is the > "scientific" name for it? > > I could go on with such examples forever, each of them more stupid than > the previous one, but for now I'll just wish all of you a very happy and > positive New Year and a toast for the reawakening of the human spirit. Come > to think of it, it is coming along very well by many contributors to this > list. > > Ed (Ed Deak, Big Lake, B.C. Canada) > > > > > > > ---------------------------------------------------------------- This is the Neither public email list, open for the public and general discussion. To unsubscribe click here Mailto:[EMAIL PROTECTED]?Subject=unsubscribe To subscribe click here Mailto:[EMAIL PROTECTED]?Subject=subscribe For information on [EMAIL PROTECTED] http://www.neither.org/lists/public-list.htm For archives http://www.mail-archive.com/[email protected]
