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View Diary: David Stockman calls bullshit (21 comments)

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  •  Actually, it would appear that (2+ / 0-)
    Recommended by:
    DBunn, antifa

    social currencies preceed currencies in general and the idea that we bartered before we spent is a myth as well. I'd recommend Graeber's Debt.

    Money is an effect, not a cause, and it is being used to separate have's, in the sense of actual possession of things (such as land, resources, etc.), from have-not's, the rest of us who are being forced into a newer form of slavery, but slavery nevertheless.

    As long as the love of money exists, the have's will find plenty of have-not's to do their dirty work, be it in the form of private security, police or military.

    My real question is, however, which "last few feet" does Prometheus have such a hard time with?

    None are so hopelessly enslaved as those who falsely believe they are free. -Johann Wolfgang von Goethe

    by achronon on Mon Apr 08, 2013 at 10:10:22 PM PDT

    •  Pretty sure it's supposed to be Sisyphus (3+ / 0-)
      Recommended by:
      antifa, achronon, sewaneepat

      The guy who had to roll a rock up a hill.

      Not sure though, what any of this has to do with either Sisyphus or Prometheus.

      •  My apologies. It was Sisyphus I had in mind. (2+ / 0-)
        Recommended by:
        achronon, LucyTooners

        The rock Sisyphus forever failed to roll up hill is like the ultra-rich robber barons of today trying to ultimately own and control and collect tolls from every single human being, in every kind of economic activity.

        That is the "boot on the human face" they intend to achieve, and it looks possible with all the high tech surveillance and weaponry in their hands nowadays.

        But it won't work. The further into austerity and poverty you drive any populace of humans the less they have to lose by taking you and yours on, live or die.

        It needn't even come to that. All it needs is to reveal and ridicule the rich, and refuse to use their money, and take over or build your own factories, and ignore them.

        Let THEM eat cake made of trillion dollar notes.

        "The rule of the wise must be absolute . . . rulers ought not to be responsible to the unwise subjects." ~ Professor Leo Strauss

        by antifa on Mon Apr 08, 2013 at 11:56:26 PM PDT

        [ Parent ]

    •  Graeber said we share freely before we trade (1+ / 0-)
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      achronon

      Any sane tribe looks after its members without much consideration of debt.

      Trade and barter is where we start keeping track of favors done and gifts given that are expected to be returned in due course.

      When it comes to regional or national or global trade, some agreed upon physically valuable currencies appear. Gold, pepper, spices, have all served. When the industrial world grew beyond any one physical currency serving as money (no physically valuable  currency can move fast enough to keep up with modern economies), fiat money came to the fore.

      Theft of it, and inflation of it for purposes of theft, have grown rampantly since the establishment of a private consortium of bankers to print debt instruments and issue them to the nation in the name of Congress and the Treasury. Jekyll Island, 1913.

      Since then, each dollar, in each transaction it partakes in, provides a cut to the private consortium who issued it as a debt instrument.

      The Treasury could issue green dollars with no debt attached. Andrew Jackson did it, and Lincoln did it. Just provide green dollars in the amount needed so that the people of the Republic have enough to buy and sell at the pace their productivity allows. To hell with bankers taking or believing they have the right to a slice off the top.

      We now have unknown and hidden rentiers holding something like $32 trillion of inherited and hoarded wealth hidden offshore, untaxed and untraced, nor is our government all that eager to go after it. Ask Attorney General Holder about it and see.

      That money is supposed to be circulating within our nation, looking after our infrastructure, our people, our defense, our environment, our education, the quality of our lives.

      Instead, the richest of the rich (and their servants and followers) are intent on hoarding ever more, forcing austerity on all Americans until our lives are like something George Orwell described.

      The last few feet Prometheus has trouble with? Getting the population to accept and keep accepting austerity. Look at the headlines around the world. All it takes is the price of flour to go beyond the reach of the common man and governments topple. Mass strikes in England. Mass demonstrations in Spain.

      Americans will eventually do the right thing and nationalize the banks, and all the stolen wealth. All of it. America's ultra-wealthy sit atop the richest nation in human history, with the biggest collection of arms and technological killing prowess in human history, and they think they can dominate the globe economically and militarily and keep the American populace under the gun as well.

      They won't get that rock to the top of that hill. Why? Because they are actively hollowing out everything it means to be a free American by hollowing out our Constitution and changing this from a land of laws to one ruled by rich and powerful men alone.

      No empire in human history ever stood long once it reached this point. It's hollow. It's gone.

      "The rule of the wise must be absolute . . . rulers ought not to be responsible to the unwise subjects." ~ Professor Leo Strauss

      by antifa on Mon Apr 08, 2013 at 11:36:35 PM PDT

      [ Parent ]

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