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ECONOMICS AND ESOTERICA FOR A NEW PARADIGM

Posts Tagged ‘class warfare

Is the Elite Destabilizing the World on Purpose?

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from The Daily Bell
Originally posted October 27, 2010

 

Problem, Reaction, Solution: “Crisis is an Opportunity” … In May of 2010, Dominique Strauss-Kahn (left), Managing Director of the IMF, stated that, “crisis is an opportunity,” and called for “a new global currency issued by a global central bank, with robust governance and institutional features,” and that the “global central bank could also serve as a lender of last resort.” However, he stated, “I fear we are still very far from that level of global collaboration.” Well, perhaps not so far as it might seem. – Market Oracle

 

Dominant Social Theme:
Capitalism is prone to booms and busts and it is natural, to point fingers when times are bad. Get over it.

Free-Market Analysis:
THIS IS A VERY LONG AND LEARNED ARTICLE (excerpted above) FROM A FORTHCOMING BOOK BY ANDREW GAVIN MARSHALL ON GLOBAL GOVERNMENT, from Global Research Publishers, Montreal. It was just published online yesterday, interestingly enough on the same day we published our modest analysis of power elite, global plans entitled Why the West Is Losing. The two articles make an interesting point-counterpoint presentation in our view, so we will try to analyze Mr. Marshall’s brilliant article (keeping in mind it is part of a longer book) within the context of the Bell’s admittedly idiosyncratic perspective.

First a little background. Marshall is apparently a close associate of the courageous academic editor Michel Chossudovsky who runs the alternative-news website Centre for Research on Globalization. Marshall apparently contributed three chapters on the history of Western economics to a recent book Chossudovsky edited. Here is some background on Chossudovsky from Wikipedia:

Michel Chossudovsky is Director of the Centre for Research on Globalization (CRG). He has taught as visiting professor at academic institutions in Western Europe, Latin America and Southeast Asia, has acted as economic adviser to governments of developing countries and has worked as a consultant for international organizations including the United Nations Development Programme (UNDP), the African Development Bank, the United Nations African Institute for Economic Development and Planning (AIEDEP), the United Nations Population Fund (UNFPA), the International Labour Organization (ILO), the World Health Organisation (WHO), the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). In 1999, Chossudovsky joined the Transnational Foundation for Peace and Future Research as an adviser. … The Centre for Research on Globalization is “committed to curbing the tide of globalisation and disarming the New world order.”

Chossudovsky and presumably Marshall approach economic “conspiratorial” analysis from a somewhat Leftist perspective. Here is the crux paragraph in the article. It appears about midway, as follows: “Simon Johnson, former Chief Economist at the IMF, wrote an article in May of 2009 explaining that the problem with most third world nations (’emerging market economies’) is that the governments are so closely tight-knit with the corporate and banking elite that they form a financial oligarchy, and that this is essentially the same problem in the United States.

He wrote that, ‘the finance industry has effectively captured our government,’ and ‘recovery will fail unless we break the financial oligarchy that is blocking essential reform.'”

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How America’s public servants are now its masters

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by Tyler Durden
Posted originally on October 9, 2010

Mort Zuckerman Is Back, Blasting American Socialism; Or How America’s Public Servants Are Now Its Masters
THE MAN WHO HAS RAPIDLY EMERGED AS THE MOST VOCAL OBAMA CRITIC, Mort Zuckerman, has just penned his most recent scathing anti-administration missive, this time focusing on the schism in US society between “preferred-status” public and shunned private-sector employees, concluding that “Americans cannot maintain their essential faith in government if there are two Americas, in which the private sector subsidises the disproportionate benefits of this new public sector elite.” Is this most recent split in US society being cultivated to take the place of the Wall Street – Main Street dialectic, which even Obama is now forced to realize is a fight he is set to lose (just imagine how anti-Obama Cramer would get if stocks drop by 0.001% during the teleprompter’s next media appearance)?

Certainly, in a society that exists simply on the basis of a simple ongoing “us versus them” distraction, while the true crimes continue unabated behind the scenes, this is not an impossible assumption. Here’s a suggestion to Mort and whoever else wishes to peddle more such diversions: how about framing the next conflict where it rightfully belongs: as that between America’s people and its criminal ruling elite? Full Op-Ed below:

America’s public servants are now its masters
first published in the Financial Times by Mort Zuckerman

There really are two Americas, but they are not captured by the standard class warfare speeches that dramatise the gulf between the rich and the poor. Of the new divisions, one is the gap between employed and unemployed that President Barack Obama seeks to close with yet another $50bn stimulus programme. Another is between workers in the private and public sectors. No guesses which are the more protected. A recent study by the Mayo Research Institute found that “private-sector workers were nearly three times more likely to be jobless than public-sector workers”.

Political tension is bound to grow when jobs disappear faster in the private than the public sector, just as compensation in the former is squeezed more. There was a time when government work offered lower salaries than comparable jobs in the private sector, a difference for which the public sector compensated by providing more security and better benefits. No longer. These days, government employees are better off in almost every area: pay, benefits, time off and security, on top of working fewer hours. Public workers have become a privileged class – an elite who live better than their private-sector counterparts. Public servants have become the public’s masters.

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