Most fantasized with terrible nuclear wars, famine, Blade Runner style societies, etc. Others maybe fantasized with Star Wars chapter 2, once its counterpart, the soviet economy, died or was killed with Plutonium, with chapter 1. Few would believe that Capitalism would die in Washington, and in a peaceful meeting that counted among its attendees with the president of the USA, premiers from United Kingdom, Germany, Japan, etc. Probably all of them will applaud at the end of that meeting, who could predict that moment one year ago or in 1945?. I would not miss such historic, glorious and funny moment if I would be in your shoes.
Capitalism was born vigorously in England, two centuries ago. People from everywhere attended business meetings to raise capital in order to acquire vapour engines, machinery, coal, factories, with such capital. To pay wages. To sell, to produce, to acquire more, to sell more, to produce faster, to raise fresh capital faster, more, more, more, faster, faster, faster in a race against time and against the history of the humankind where everything needs its cooking time. But Capital was power at that time. At that time some people from Liverpool chanted All you need is capital, while others in America replied Capital is in the air. That air was polluted with Capital but also with smoke from the factories of Liverpool, New York, Manchester, London, Hamburg, etc. Politicians told to poor workers (politely called citizens since now on) go to work, go to bed, go to work, go to bed, like the tic-tac of a clock. Years later, in America, around 1980 other politicians added “go shopping !” . And, at its peak, we had the final macroeconomic theory of Capitalism “go work, go shopping, go to bed”. Which sickness could murder such perfect clock? A crisis from 1968 to 1973 gave the first sign. From global charming the Capitalist world moved to global warning. People in Liverpool chanted All you need is love, and the Americans replied Love is in the air. Pollution in the air finally gave way to global warming after 200 years producing smoke in Liverpool and Chicago that Asians, Africans and Latinamericans had to suffer silently along those 200 years. Kissinger asked Mao to integrate China in the global economy and the Soviet Union and USA were signing treats to have less weapons. The little human being asked to itself why not “make love not war” instead of “go work, go shopping, go to bed”? The world woke up on October 1973 and went to the warm ro factories, then shopping and went to bed, again and again as a clock, as capitalists told to that little human beings. Was “make love, not war” just a dream? Not really. In Vietnam and then years later in Iraq and Afghanistan, Capitalism realized the hidden cost of wars, trillions of dollars to the trash can, millions of human beings to death and years lost. Asia invented a new way to raise capital, without stock markets, without wars. Just exports, foreign surplus, state owned corporations and sovereign wealth funds. Capitalists in Europe and America still though that media and propaganda was more powerful than capital, ironic. Capitalists became speculators hunting like dogs one place under the heaven where their capital could make some profit, it made them realize that Asians were not poor dogs but people who know how to rise capital but in a different way this time. Capital was no longer the source of power and progress. The ancient song All you need is Capital was forgotten and confined to the books of history of economics. With the stronger propaganda that capitalist media even produced, Paulson and Bernanke sang the Washington circus instead of the Scarborough fair, in order to rise $700bn from the workers to buy troubled assets. Once they realized that it was the wrong lyrics, they decided to take healthy stake in banks as they boy from Liverpool did and finally to sit in a chair listening those capitalists that in a row came to them asking for a little rescue plan (any billions for me Sir, please? am I too big to fail, Sir?). The China decided to build railways, roads, power plants, etc. like a bridge over troubled waters, the sounds of silence was all what we could hear at the other side of the Pacific ocean. $700bn was useless. As the Japanese decided years ago that to build a sovereign wealth fund was useless, what can we do with such amount of money except to keep them in our foreign reserves?. As the Chinese had realized with their $1.8 trillions, Saudia, Singapore, the little states in the Gulf. They all realised that Capital was useless. Two centuries ago it was time to born and rise vigorously, now it was time to die in a sweat death. Capital was no longer the source of power and therefore Capitalism was died. This weekend in Washington the bigger capitalists countries gather together with a few emerging economies that practice socialism with local characteristics, development from below, or other theories that Karl Marx would applaud and join. The party is over. Let us release the cables and let the patient die sweetly within two or three years. A new system is rising vigorously. A rescue plan that proved how to grow two digits along decades and how to rescue hundreds of millions away from poverty. Dynasties come and go, empires come and go, politic systems come and go, economic systems come and go. Only clocks remain, always telling us make love not war. While the little human being who makes that world go around, as usual, just want a nice job, decent wages, a nice family, good friends, some entertainment from time to time and to feel that they do their best with their life. While the clock still sings tic-tac for us. Chinese features http://www.youtube.com/watch?v=VXqSPJpuDBM Western features http://www.youtube.com/watch?v=HDFmuOtKrBc Latinamerican features http://www.youtube.com/watch?v=k85X3ZGwYtk Let us enjoy the gathering in Washington this weekend. A civilization dies, long life to the new civilization Peace and best wishes. Xi Sources and praise to those who rise the early signs and predicted all this: The Beatles. All you need is love http://www.youtube.com/watch?v=rLxTpsIVzzo John Paul Young - Love Is In The Air (1978) http://www.youtube.com/watch?v=NNC0kIzM1Fo Simon & Garfunkel Scarborough Fair http://www.youtube.com/watch?v=BYQaD2CAi9A Bridge over troubled waters Simon & Garfunkel http://www.youtube.com/watch?v=qFruKvAq8PQ Sound Of Silence - Simon & Garfunkel (live sound) http://www.youtube.com/watch?v=eZGWQauQOAQ --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to world-thread@googlegroups.com To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---