Category Archives: Neoliberalism

Bill Gates’ Global Agenda and How We Can Resist His War on Life

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By Vandana Shiva

Source: resilience

The following excerpt is from Vandana Shiva’s new book Oneness vs. the 1% (Chelsea Green Publishing, August 31, 2020) and is reprinted with permission from the publisher.

In March 2015, Bill Gates showed an image of the coronavirus during a TED Talk and told the audience that it was what the greatest catastrophe of our time would look like. The real threat to life, he said, is ‘not missiles, but microbes.’ When the coronavirus pandemic swept over the earth like a tsunami five years later, he revived the war language, describing the pandemic as ‘a world war’.

‘The coronavirus pandemic pits all of humanity against the virus,’ he said.

In fact, the pandemic is not a war. The pandemic is a consequence of war. A war against life. The mechanical mind connected to the money machine of extraction has created the illusion of humans as separate from nature, and nature as dead, inert raw material to be exploited. But, in fact, we are part of the biome. And we are part of the virome. The biome and the virome are us. When we wage war on the biodiversity of our forests, our farms, and in our guts, we wage war on ourselves.

The health emergency of the coronavirus is inseparable from the health emergency of extinction, the health emergency of biodiversity loss, and the health emergency of the climate crisis. All of these emergencies are rooted in a mechanistic, militaristic, anthropocentric worldview that considers humans separate from—and superior to—other beings. Beings we can own, manipulate, and control. All of these emergencies are rooted in an economic model based on the illusion of limitless growth and limitless greed, which violate planetary boundaries, and destroy the integrity of ecosystems and individual species.

New diseases arise because a globalized, industrialized, inefficient agriculture invades habitats, destroys ecosystems, and manipulates animals, plants, and other organisms with no respect for their integrity or their health. We are linked worldwide through the spread of diseases like the coronavirus because we have invaded the homes of other species, manipulated plants and animals for commercial profits and greed, and cultivated monocultures. As we clear-cut forests, as we turn farms into industrial monocultures that produce toxic, nutritionally empty commodities, as our diets become degraded through industrial processing with synthetic chemicals and genetic engineering, and as we perpetuate the illusion that earth and life are raw materials to be exploited for profits, we are indeed connecting. But instead of connecting on a continuum of health by protecting biodiversity, integrity, and self-organization of all living beings, including humans, we are connected through disease.

According to the International Labour Organization, ‘1.6 billion informal economy workers (representing the most vulnerable in the labour market), out of a worldwide total of two billion and a global workforce of 3.3 billion, have suffered massive damage to their capacity to earn a living. This is due to lockdown measures and/or because they work in the hardest-hit sectors.’ According to the World Food Programme, a quarter of a billion additional people will be pushed to hunger and 300,000 could die every day. These, too, are pandemics that are killing people. Killing cannot be a prescription for saving lives.

Health is about life and living systems. There is no ‘life’ in the paradigm of health that Bill Gates and his ilk are promoting and imposing on the entire world. Gates has created global alliances to impose top-down analysis and prescriptions for health problems. He gives money to define the problems, and then he uses his influence and money to impose the solutions. And in the process, he gets richer. His ‘funding’ results in an erasure of democracy and biodiversity, of nature and culture. His ‘philanthropy’ is not just philanthrocapitalism. It is philanthroimperialism.

The coronavirus pandemic and lockdown have revealed even more clearly how we are being reduced to objects to be controlled, with our bodies and minds as the new colonies to be invaded. Empires create colonies, colonies enclose the commons of the indigenous living communities and turn them into sources of raw material to be extracted for profits. This linear, extractive logic is unable to see the intimate relations that sustain life in the natural world. It is blind to diversity, cycles of renewal, values of giving and sharing, and the power and potential of self-organising and mutuality. It is blind to the waste it creates and to the violence it unleashes. The extended coronavirus lockdown has been a lab experiment for a future without humanity.

On March 26, 2020, at a peak of the coronavirus pandemic and in the midst of the lockdown, Microsoft was granted a patent by the World Intellectual Property Organization (WIPO). Patent WO 060606 declares that ‘Human Body Activity associated with a task provided to a user may be used in a mining process of a cryptocurrency system….’

The ‘body activity’ that Microsoft wants to mine includes radiation emitted from the human body, brain activities, body fluid flow, blood flow, organ activity, body movement such as eye movement, facial movement, and muscle movement, as well as any other activities that can be sensed and represented by images, waves, signals, texts, numbers, degrees, or any other information or data.

The patent is an intellectual property claim over our bodies and minds. In colonialism, colonisers assign themselves the right to take the land and resources of indigenous people, extinguish their cultures and sovereignty, and in extreme cases exterminate them. Patent WO 060606 is a declaration by Microsoft that our bodies and minds are its new colonies. We are mines of ‘raw material’—the data extracted from our bodies. Rather than sovereign, spiritual, conscious, intelligent beings making decisions and choices with wisdom and ethical values about the impacts of our actions on the natural and social world of which we are a part, and to which we are inextricably related, we are ‘users.’ A ‘user’ is a consumer without choice in the digital empire.

But that’s not the totality of Gates’ vision. In fact, it is even more sinister—to colonise the minds, bodies, and spirits of our children before they even have the opportunity to understand what freedom and sovereignty look and feel like, beginning with the most vulnerable.

In May 2020, Governor Andrew Cuomo of New York announced a partnership with the Gates Foundation to ‘reinvent education.’ Cuomo called Gates a visionary and argued that the pandemic has created ‘a moment in history when we can actually incorporate and advance [Gates’] ideas…all these buildings, all these physical classrooms—why with all the technology you have?’

In fact, Gates has been trying to dismantle the public education system of the United States for two decades. For him students are mines for data. That is why the indicators he promotes are attendance, college enrollment, and scores on a math and reading test, because these can be easily quantified and mined. In reimagining education, children will be monitored through surveillance systems to check if they are attentive while they are forced to take classes remotely, alone at home. The dystopia is one where children never return to schools, do not have a chance to play, do not have friends. It is a world without society, without relationships, without love and friendship.

As I look to the future in a world of Gates and Tech Barons, I see a humanity that is further polarized into large numbers of ‘throw away’ people who have no place in the new Empire. Those who are included in the new Empire will be little more than digital slaves.

Or, we can resist. We can seed another future, deepen our democracies, reclaim our commons, regenerate the earth as living members of a One Earth Family, rich in our diversity and freedom, one in our unity and interconnectedness. It is a healthier future. It is one we must fight for. It is one we must claim.

We stand at a precipice of extinction. Will we allow our humanity as living, conscious, intelligent, autonomous beings to be extinguished by a greed machine that does not know limits and is unable to put a break on its colonisation and destruction? Or will we stop the machine and defend our humanity, freedom, and autonomy to protect life on earth?

‘$2.5 TRILLION THEFT’ – STUDY SHOWS RICHEST 1% OF AMERICANS HAVE TAKEN $50 TRILLION FROM BOTTOM 90% IN RECENT DECADES

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The median U.S. worker salary would be around twice as high today if wages kept pace with economic output since World War II, new research revealed.

By Brett Wilkins

Source: Common Dreams

New research published Monday found that the top 1% of U.S. income earners have taken $50 trillion from the bottom 90% over the past several decades, and that the median worker salary would be around twice as high today as it was in 1945 if pay had kept pace with economic output over that period.

The study’s authors, Carter C. Price and Kathryn Edwards of the RAND Corporation, examined income distribution and economic growth in the United States from 1945 to the present. The researchers found stark differences between income distribution from 1945 to 1974 and 1975 to 2018.

According to the study—which was funded by the Seattle-based Fair Work Center—the median salary of a full-time U.S. worker is currently about $50,000. Adjusted for inflation using the consumer price index, workers at or below the current median income now earn less than half of what they would have if incomes had kept pace with economic growth. This means that if salaries had kept pace with economic output, the median worker pay would be between $92,000 and $102,000 today, depending on how inflation is calculated.

Had the more equitable distribution of the roughly 30-year postwar period continued apace, the total annual income of the bottom 90% of American workers would have been $2.5 trillion higher in 2018, or an amount equal to about 12% of GDP.  In other words, the upward redistribution of income has enriched the 1% by some $47 trillion—which would now be more than $50 trillion—at the expense of American workers.

David Rolf, a Seattle labor organizer, president of the Fair Work Center, and founder of Service Employees International Union (SEIU) Local 775, is more blunt. He calls this “the $2.5 trillion theft.”

“From the standpoint of people who have worked hard and played by the rules and yet are participating far less in economic growth than Americans did a generation ago, whether you call it ‘reverse distribution’ or ‘theft,’ it demands to be called something,” Rolf, who helped lead the fight for a $15 hourly minimum wage in Seattle and beyond, told Fast Company.

Remarkably, the study found that workers at all income levels would be better off today if income kept pace with output. Full-time, prime-age workers in the 25th percentile, for example, would be earning $61,000 instead of $33,000. Workers in the 75th percentile, who in 2018 earned $81,000, would be making $126,000. Even 90th-percentile workers, who earn $133,000, would be making $168,000 under the more equitable distribution.

On the other hand, had the economic pie been divided more equitably, the income of the top 1% would fall from around $1.2 million to a still-affluent $549,000.

“We were shocked by the numbers,” said Nick Hanauer, a venture capitalist and self-described “zillionaire” who, along with Rolf, came up with the idea for the study. “It explains almost everything,” Hanauer told Fast Company. “It explains why people are so pissed off. It explains why they are so economically precarious.”

Sen. Bernie Sanders (I-Vt.), who made correcting economic inequality a pillar of both of his presidential bids, lamented the “h-u-g-e redistribution of income in America” in a Monday tweet.

The researchers’ findings, which come amid a deadly coronavirus/Covid-19 pandemic, shine light on the injustice of an economy—by far the wealthiest in the history of civilization—in which essential workers struggle mightily, and often in vain, to survive while the richest people grow ever richer at their expense.

According to Americans for Tax Fairness, the total wealth of U.S. billionaires increased by $792 billion, or 27%, during the first five months of the Covid-19 pandemic. During this period, Amazon CEO Jeff Bezos, the world’s wealthiest person, has become the world’s first multi-centibillionaire, with a net worth now surpassing $200 billion. Meanwhile, his employees struggle to make ends meet, and Amazon workers who speak out against poor pay and hazardous working conditions during the pandemic have been fired and derided by company executives.

Compared to other most-developed nations, the U.S. has done a relatively poor job of taking care of its people during the pandemic. In addition to the U.S. being the only developed nation without universal healthcare, its workers have received less in direct payments and government support than people in many comparable countries.

The gap between the richest and poorest U.S. households is now wider than it has ever been in the past 50 years, according to the most recently available data from the U.S. Census Bureau. The pandemic has only exacerbated the situation, as around half of lower-income American households have reported a job or wage loss due to Covid-19.

Internationally, the U.S. ranks 39th out of over 150 nations in income inequality, according to Gini coefficient data compiled by the CIA, placing it roughly on par with nations like Peru and Cameroon. Among Organization for Economic Cooperation and Development (OECD) nations, the U.S. has the seventh-highest level of income inequality.

The U.S. has the highest poverty rate among the world’s most-developed nations, and the fourth-highest poverty rate among OECD nations after South Africa, Costa Rica, and Romania. According to UNICEF, the U.S. also has the second-highest rate of childhood poverty in the developed world behind Romania, with more than one in five U.S. children—and over one in four Latinx children, and nearly one in three Black and Native American children—living in poverty.

This year, more than 54 million Americans, or roughly one in every six people—including 18 million children—may experience food insecurity, according to the nonprofit group Feeding America.

Kushner-Linked Firm and Gig Economy Set to Reap Huge Profits as Mass Evictions Begin

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By Raul Diego

Source: Mint Press News

In 2014, former Blackstone and Goldman Sachs investment banker Ryan Williams got together with his “college buddy,” Joshua Kushner – Jared’s brother – to form a real estate investment platform they called Cadre. Cadre sought to disrupt the real estate industry in the wake of the 2008 subprime mortgage crisis by tinderizing property deals through a tech platform that brought investors and sellers together. According to Williams, whose other investors include George Soros and Peter Theil, Cadre’s mission is “to level the playing field in an industry that is often tilted toward the biggest players” by taking an “offline” industry online and making it “transparent.”

A pre-Covid initiative to capitalize on its platform came in the form of the so-called “opportunity zones,” that Jared Kushner directly lobbied for inclusion in Trump’s 2017 Tax Cut and Jobs Act, billed as a funding mechanism to help poor and distressed communities, which turned into a multi-billion-dollar land heist by the wealthiest Americans, like the Kushner family. The pandemic lockdown protocols forced Cadre to downsize, laying off 25 percent of its workforce in March.

But now, the company is restarting its predatory engines as the home eviction wave forming on the horizon signals potential windfalls for companies like Cadre, that are in a position to profit. It is doing so by launching a pop-up banking operation called “Cadre Cash,” which will try to lure deposits from “investors” by offering a three percent annualized “reward” to finance a new round of land-grabs as millions of Americans teeter on the edge of homelessness and landlords look to unload un-rentable properties.

Another company, Civvl, is tackling a different side of the burgeoning housing crisis in America with its on-demand service model for eviction crews. Just like Uber, the Civvl app lets “frustrated property owners and banks secure foreclosed residential properties” by connecting haulers and the rentier class.

Civvl’s parent company, OnQall, specializes in mobile app platforms that monetize side-hustles like moving, cleaning and lawn care services. The eviction crew app has, predictably, drawn a storm of criticism since Motherboard‘s article on Civvl this past Monday.

“It’s fucked up that there will be struggling working-class people who will be drawn to gigs like furniture-hauling or process-serving,” exclaimed housing activist Helena Duncan, who also pointed out the clear dystopian contours evident in a scenario where working class people are paid to wage economic warfare on fellow working class people. Civvl puts up a disingenuous defense against the earned invectives, comparing itself to Monster.com. “They’re not evicting anyone,” a Civvl spokesperson told Motherboard, “they’re just the help.”

Both Cadre and Civvl are poised to make a killing as eviction moratoriums abate across the country and millions find themselves on one side or another of evictions – tenants forced onto the streets by small landlords who will have little choice but to sell in a depressed market. Only the CDC’s national eviction moratorium, issued three weeks ago, stands in the way of the avalanche of displacement and dispossession at our doorstep. But, even the risks of fines and jail time doesn’t seem to be discouraging companies like OnQall or landlords, in general.

 

Ridiculous loopholes

Cadre, in particular, is at the head of the pack of “disruptive” real estate tech platforms mostly due to the favor it enjoys in the halls of the Trump administration. “Jared was one of the key people early on. And his contributions were critical,” says Cadre CEO Ryan Williams of Jared Kushner, whose stake is worth over $50 Million, according to 2018 SEC filings.

Despite claims that Kushner sold a “substantial portion” of his shares in the company and that the president’s son-in-law has no role in the business endeavor, recent history surrounding the so-called “opportunity zones” of Trump’s Tax bill revealed Cadre’s and Kushner’s central role in a multi-billion dollar land heist by the wealthiest Americans, like the Kushner family.

Paying lip service to the same “diversity” principles Cadre’s African American founder asserts underlie his company’s vision, the more than 200 federally-designated “opportunity zones” for disadvantaged communities that resulted from the legislation, Cadre’s machine-learning and processed census data was simply serving to make a “ridiculous loophole” available to wealthy investors to buy up land at a serious discount.

The bulk of the opportunity zone funding, some of which was set up by William’s former employer and Cadre investor, Goldman Sachs, went to high-end real estate development projects in affluent areas, retail developments and luxury hotels, such as Richard Branson’s 225-room hotel in William’s home state of Louisiana, less than two miles away from one of the poorest parts of New Orleans. The project had been announced by Branson a year before the tax-cut legislation was signed into law, but nevertheless qualified to participate in the opportunity zone program.

 

Picking up the bodies

The housing catastrophe in the United States is barley gathering steam, and while many landlords and property owners still face legal challenges in cases where eviction moratoriums remain in place, the loose patchwork of laws governing property rights across the nation – not to mention foundational ideology – gives companies like Civvl and Cadre the chance to circumvent these and rely on naked power to drive people away from their homes or convince them to sell it to massive real estate concerns, like CBRE or Kushner’s rich buddies.

Civvl is confident that they can take advantage of people’s lack of knowledge about their rights to make money as the eviction middle man. Indeed, the company is betting that municipal and federal authorities will see things their way. “This is something that has to be done,” says a company spokesman. “Listen,” he continued, “if someone is killed on the street, someone needs to go pick their body up.”

 

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How big corporations are draining the life out of a sick America

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If today’s companies were truly offering a fair return to the taxpayers who built their businesses, they’d be doing a lot more to ensure that all Americans have the means to support their families.

By Paul Buchheit

Source: Nation of Change

When Dr. Jonas Salk was asked about a patent on his polio vaccine in 1955, he said, “There is no patent. Could you patent the sun?” When Gilead Sciences recently developed an anti-Covid drug for about $12 per treatment, they set the price at $3,200.

As Republicans and business leaders decry the word ‘social’ as anti-American, they continue to promote the free-market “winner take all” philosophy that has caused over half of our nation to try to survive without adequate health care and life savings and job opportunities. Our richest corporations are much to blame. A review of the facts should make this clear.

They continue to cheat on taxes

After building their businesses on 70 years of taxpayer-funded research and development, six dominant tech companies (Apple, Amazon, Google, Microsoft, Facebook, and Netflix), which together are worth over $7 trillion, have avoided over a hundred billion dollars in taxes over the past decade.

The profits of some of the largest U.S. corporations are surging in this pandemic year of sickness and death. And the levels of fraud and deceit keep growing along with the profits. A shocking analysis by the Tax Justice Network concludes that “Multinational firms operating around the world are shifting over $1 trillion in profits every year to corporate tax havens.” A trillion dollars a year, lost to the people in need of jobs and food and housing.

They’ve rigged the system

Fifty years of lobbying against their own tax responsibilities has borne fruit for the big corporations. First of all, the corporate tax rate has dropped from about 35 percent to a low of 11 percent in 2019.

Secondly, the payroll tax has been used to make up the corporate shortfall. In the past fifty years the corporate percent of tax revenue from major sources has decreased from 23 percent to 7 percent. The payroll tax percent has increased from 24 percent to 39 percent. Corporations have drastically cut their taxes while putting more of the tax burden on workers.

It gets more insidious. In the past ten years Republicans have waged an anti-IRS campaign, slashing the budget of one of the most productive and cost-effective government agencies, and eliminating the positions of highly specialized employees who might have been expected to go after the largest corporations and the biggest cheaters.

And it gets personal. According to the IRS’ own Taxpayer Advocate, the average U.S. household pays $3,000 per year to make up for the delinquents and deadbeats.

Their greed reached new heights

With the 2017 corporate tax cuts came the lofty assurances that money would be freed up for new investment in jobs and R&D. So what happened? Hypocrisy happened. In the following year S&P 500 companies set a new record for buying back their stock to artificially boost stock prices for management and investors — a practice that was illegal until the Reagan years. While about a third of S&P companies are now curtailing stock buybacks in response to the pandemic, others have depleted so much of their funds that they have turned to the pandemic-inspired CARES Act for relief to “distressed industries.”

Start with the airlines. The Big Four spent $42.5 billion on buybacks between 2014 and 2019, and now they’re asking for $50 billion in bailout money. Delta CEO Ed Bastian had the audacity to say “the owners of a business deserve a return, too.” Boeing, which was actually borrowing money to buy back stock, is now asking for a $17 billion bailout from taxpayers.

Merck, whose 1950s slogan was “Medicine is for people, not for profits,” spent $10 billion on R&D in 2018 and $14 billion on share repurchases and dividends.

At Home Depot, according to the Roosevelt Institute and the National Employment Law Project, the money spent on buybacks could have boosted the average employee’s salary by $18,000 a year.

And fast food giants including KFC, Wendy’s, and Papa John’s, who, according to the New York Times, had spent great sums of money on buybacks, now need $145 billion of taxpayer funding to avoid mass layoffs.

They show disdain for the American worker

Stock buybacks are only part of the corporate trend to diminish the state of the worker. Automation is eliminating millions of jobs. The old argument that the loss of jobs to technology has always been followed by a new and better class of work becomes meaningless when the machines start doing our thinking for us. And when the changes are occurring at such a rapid pace. A McKinsey report states: “Those earlier workforce transformations took place over many decades, allowing older workers to retire and new entrants to the workforce to transition to the growing industries. But the speed of change today is potentially faster.” The speed of change is faster still because of the loss of jobs during the Covid pandemic.

Common arguments in favor of the tech companies are that (1) they’re making a lot of people rich, and (2) they’re providing all of us with remarkable products. Well, they’re making about 20% of Americans rich. And their products are a result of 70 years of taxpayer-funded research and development, much of it by government agencies. If today’s companies were truly offering a fair return to the taxpayers who built their businesses, they’d be doing a lot more to ensure that all Americans have the means to support their families.

The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy

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By Charles Hugh Smith

Source: Of Two Minds

The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses.

Fundamentally, the economy of 2019 was not very different from the economy of 1959: people went shopping at retail stores, were educated at sprawling college campuses, went to work downtown, drove to the doctor’s office or hospital, caught a flight at the airport, and so on.

The daily routine of the vast majority of the workforce was no different from 1959. In 2019, the commutes were longer, white-collar workers stared at screens rather than typewriters, factory workers tended robots and so on, but the fundamentals of everyday life and the nature of work were pretty much the same.

Beneath the surface, the fundamental change in the economy was financialization, the commodification of everything into a financial asset or income stream that could then be leveraged, bundled and sold globally at an immense profit by Wall Street financiers.

This layer of speculative asset-income mining had no relation to the actual work being done; it existed in its own derealized realm.

For decades, these two realms—the structure of everyday life (to borrow Braudel’s apt term) and the abstract, derealized but oh so profitable realm of financialization–co-existed in an uneasy state of loosely bound systems.

If you squinted hard enough and repeated the mantras often enough, you could persuade yourself there was still some connection between the everyday-life economy and the realm of financialization.

The two realms have now disconnected, and the real-world economy has been ripped from its moorings, as patterns of work and every-day life that stretch back 70 years to the emergence of the postwar era unravel and dissolve.

The trends that are currently fatally disrupting retail, education, office work and healthcare have been in place for years. When I wrote my 2013 book about the digitized future of higher education in a low-cost union of high-touch and low-touch learning, The Nearly Free University, all these trends were already clearly visible to those willing to look beyond the models embedded in the economy for decades or even centuries.

Visionaries like Peter Drucker foresaw the complete disruption of the education and healthcare sectors as far back as 1994. Post-Capitalist Society.

The problem with this disruption is it eliminates tens of millions of jobs–not just the low-paying jobs in retail and dining-out, but high-paying jobs in university administration, healthcare, and other core service sectors.

The last real-world connection between everyday life and financialization was the over-supply of everything that could be financialized: the way to reap the big profits was expand whatever could be leveraged and sold. So retail and commercial space ballooned, colleges proliferated, cafes sprang up on every corner, etc.

Meanwhile, financialization’s unquenchable thirst for higher profits stripped everything of the redundancy and buffers required to stabilize the system in times of crisis. So hospitals no longer kept inventory because by the logic of financialization, all that mattered was maximizing the return on capital–nothing else could possibly matter in the derealized realm of speculative profiteering.

Now healthcare finds itself trapped between the pincers of financialization’s stripmining and the collapse of retail in-person demand–the financial foundation of the entire system. Under the relentless pressure of financialization’s stripmining and profteering, healthcare only survives if it can bill somebody somewhere a staggering amount for everything from office visits to procedures to hospital stays to medications.

Once that avalanche of billing dries up, the entire sector implodes: a sector that accounts for almost 20% of the U.S. economy.

Higher education is also imploding, and for the same reason: its output no longer justified its enormous cost structure. The same can be said of overbuilt retail and commercial space: the financial justification for sky-high rents have imploded and will never come back. The over-supply is so monumental and the collapse of demand so permanent, the gigantic pyramid of debt and speculative excess piled on all these excesses is collapsing.

A bailout by the Federal Reserve won’t change the fundamentals of the collapse of financialization; all the Fed can do is reserve scarce lifeboat seats for its billionaire banker-financier pals. (Warren, you know Bill, have you met Jamie, Jeff, Tim and the rest of the Zillionaire Rat-Pack?)

Despite the record highs in the stock market–the ultimate expression of financialization disconnected from the real-world economy–financialization is also imploding. Financialization still claimed a connection to the real world of income streams and the value of the collateral underlying all the speculative profiteering: the high rents paid by the restaurants on the ground floor and the businesses for office space above justified the high value of the collateral, the commercial building.

Foundational swaths of the real-world economy have been swept away, and so the collateral is largely worthless. Lots of people want their employer to start paying for business-class airline seats again so they can jet around the country on somebody else’s dime, staying in pricey hotels and attending conferences, but these activities no longer have any financial justification.

The economy of 1959 is finally expiring. The enormous time and money sinks of transporting humans hither and yon no longer have any financial justification.

The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses. We all know that automation is replacing human labor, but the real change is the collapse of the financial justification for the enormously costly systems we now depend on to generate jobs: healthcare, retail, tourism, dining out, education, working downtown, and all the professions dependent on managing all this complexity.

While the elimination of low-skill jobs–a longstanding trend–is attracting attention, the implosion of the 1959 economic model and financialization will soon sweep away millions of high-paying professional jobs that no longer have any financial justification.

As the 1959 economy implodes, so does the tax system based on payroll taxes and property taxes. This article sketches out the perverse incentives for employers to invest in automation rather than hire workers: Covid-19 Is Dividing the American Worker (WSJ.com)

There are alternatives, but they require accepting the implosion of both the 1959 economic model and its evil offspring, financialization.

I sketched out an alternative way of organizing work, everyday life and finance in my book A Radically Beneficial World. There are alternative ways of organizing civilization other than the insanely wasteful and exploitive system we now inhabit.

How Corporate Tyranny Works

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By Chris Hedges

Source: OpEdNews.com

Those, like environmental lawyer Steven Donziger, who fight the corporate control of our society on behalf of the vulnerable find the institutions of power unite to crucify them.

The persecution of the attorney Steven Donziger is a grim illustration of what happens when we confront the real centers of power, masked and unacknowledged by the divisive cant from the Trump White House or the sentimental drivel of the Democratic Party. Those, like Donziger, who name and fight the corporate control of our society on behalf of the vulnerable see the judiciary, the press and the institutions of government unite to crucify them.

“It’s been a long battle, 27 years,” Donziger said when I reached him by phone in his apartment in Manhattan.

Donziger, who has been fighting polluting American oil companies for nearly three decades on behalf of indigenous communities and peasant farmers in Ecuador, has been under house arrest in Manhattan for a year. He will go to trial in federal court in New York on September 9 on contempt of court charges, which could see him jailed for six months. Ever since he won a multibillion-dollar judgment in 2011 against the oil giant Chevron, the multinational has come after him personally through litigation that threatens to destroy him economically, professionally and personally.

“Our L-T [long-term] strategy is to demonize Donziger,” Chevron wrote in an internal memo in 2009, as reviewed by Courthouse News.

It started when Texaco went into Ecuador in the Amazon in the 1960s and cut a sweetheart deal with the military government then ruling Ecuador,” Donziger told me. “Over the next 25 years, Texaco was the exclusive operator of a very large area of the Amazon that had several oil fields within this area, 1500 square miles. They drilled hundreds of wells. They created thousands of open-air, unlined toxic waste pits where they dumped the heavy metals and toxins that came up from the ground when they drilled. They ran pipes from the pits into rivers and streams that local people relied on for their drinking water, their fishing and their sustenance. They poisoned this pristine ecosystem, in which lived five indigenous peoples, as well as a lot of other non-indigenous rural communities. There was a mass industrial poisoning.”

“By the time I went down there in the early 1990s, many people had died, cancer rates were skyrocketing according to several independent health evaluations, people were really hurting. There was zero regard for the lives of the local people by Texaco. I was a very young lawyer back in 1993 when I first went to Ecuador. It was like looking at an apocalyptic scene. There was oil on the roads. People were living in abject poverty. They had no shoes. They would get oil on their feet when they walked along the roads. The oil pollution had permeated every aspect of daily life. It was in the food supply. It was in the water supply. It was in the air. The average person there would get exposed multiple times a day to very harmful, cancer-causing toxins, with foreseeable results.”

“I, with other lawyers, filed a lawsuit in New York against Texaco. The reason we filed in New York was because Texaco’s headquarters were in New York in 1993. The decisions to pollute in Ecuador, to play God to the people of Ecuador, were made in New York. We sued in New York. Texaco tried to get the case back to Ecuador where they had never been held accountable, where they knew the indigenous peoples had no money or resources to find lawyers.”

“They thought it would just go away,” said Donziger. “Over a 10-year period, we battled to get a jury trial in the United States. Ultimately, they won that part of the battle. It went down to Ecuador.”

“We started working with a team of Ecuadoran lawyers in the early 2000s. We went forward with the lawsuit. We produced voluminous scientific and testimonial evidence, showing that they caused probably the world’s worst oil pollution. It was called the ‘Amazon Chernobyl’ by locals and experts. They dumped 16 billion gallons of toxic waste. They did it deliberately to save money. This was unlike the BP spill in the Gulf of Mexico, which was a terrible accident, even though it was a product of horrendous negligence by BP. This was done by design to pollute, knowing that people would die, and that indigenous groups would be decimated, and that this beautiful part of the Amazon would be destroyed.”

The refusal to abide by even minimal environmental regulations saved Texaco an estimated $3 on every barrel of oil produced over 26 years (1964-1992), according to Amazon Watch, or an estimated extra $5 billion in revenue. The hundreds of waste pits the company eventually abandoned in Ecuador, on average, contain 200 times the contamination allowed by typical global standards.

“They tried to grind us down using classic corporate defense tactics,” Donziger said of the legal war. “They filed thousands of motions. We stood strong. We had a great legal team of Ecuadorian lawyers.”

In the end, they won a stunning victory, a rare moment of accountability for first-world conglomerates who rape the environment of developing nations by exploiting weak, corrupt governments.

“The verdict came down, about $18 billion in favor of the affected communities, which is what it would take at a minimum to clean up the actual damage and compensate the people for some of their injuries. That eventually got reduced on appeal in Ecuador to $9.5 billion, but it was affirmed by three appellate courts, including the highest court of Ecuador. It was affirmed by the Canadian Supreme Court, where the Ecuadorians went to enforce their judgment in a unanimous opinion in 2015.”

Chevron, as the evidence mounted against it, sold their assets in Ecuador and left the country. The corporation threatened the plaintiffs with a “lifetime of litigation” if they attempted to collect, and, according to internal Chevron memos, launched a legal and media campaign that has cost an estimated $2 billion to prevent payment of the settlement and to demonize and destroy Donziger.

Donziger came to his epic battle against Chevron through journalism. “I was a journalist on my college newspaper,” he said of his time as a history major at American University. “My first job out of college was as a journalist with [United Press International]. I worked for UPI in Washington. They were strong in Latin America. I traveled to Managua in 1983 or 1984, I don’t remember exactly, and found work in the UPI bureau. I was 23 years old. I worked in the UPI bureau in Managua during the Sandinista era.”

He left UPI after a year in Managua but stayed on in Nicaragua to work as a freelance journalist for newspapers such as The Fort Lauderdale News, The Toronto Star and The Atlanta Constitution. He spent about three years as a reporter before going to Harvard Law School. When he graduated from Harvard Law School in 1991, he worked as a public defender in Washington, D.C. He documented Iraqi civilian casualties in Iraq following the first Gulf War that became a report adopted by the United Nations.

A classmate at law school was from Ecuador. His classmate’s father organized a trip in April 1993 for lawyers and medical professionals to look at the contamination caused by the oil extraction in the Amazon. That trip, which Donziger joined, spawned the suit against Texaco. He would make more than 250 trips to Ecuador over the next two decades.

“Journalism significantly shaped my views and skill set,” he said. “It was vital to allowing my work to be successful. From the beginning this was a unique litigation, for many reasons, but one of the reasons was we, as a team, decided to work across multiple platforms. If we only saw this case as a lawsuit we would never win.”

“Chevron controlled the legal system in Ecuador with their influence. We needed to operate across different platforms, including engaging with the media and carrying out significant public education. Most Ecuadorians, other than those who lived in the region, knew nothing about the pollution that had been happening in their country. We carried out zealous advocacy in the public arena. We realized that the indigenous people would never get a fair trial in Ecuador if they did not illuminate what had happened to them and get public support.”

“The fact that I am detained shows how far we’ve come and how much risk Chevron feels. It’s not a sign we lost. It’s the opposite.”

Steven Donziger

Both the judge who oversaw its lawsuit against Donziger for “racketeering” and Chevron itself “claim that this type of activity is wrong,” he said. “The irony is that what we were doing is what the big oil companies have always done. They always operate in the public relations domain, lobbying Congress to pass legislation to extinguish various legal claims, meeting political leaders behind the scenes. They operate across every platform they can find to exercise their power. We were smart enough to meet them toe-to-toe wherever they were operating and neutralize their ability to undermine the fairness of the trial. That’s how they operate. They try to control court systems.”

“My journalism [experience] sensitized me to injustice. It allowed me to understand the media. I knew how to write press releases, which matters when you do a public case like this. I knew how to work across different platforms to mobilize positive energy around the case. Human rights work involves, first and foremost, justice for victims. But equally important is accountability for the perpetrators. The fact that I am detained shows how far we’ve come and how much risk Chevron feels. It’s not a sign we lost. It’s the opposite.”

Chevron, which had left Ecuador, went back to the New York court, where Donziger had originally filed the lawsuit before Chevron got a change of venue to Ecuador, and sued him, using a civil courts portion of the federal law famous for breaking the New York Mafia in the 1970s, the Racketeer Influenced and Corrupt Organizations Act.

In effect, “They sued me as a civil racketeer, under a civil RICO statute for $60 billion,” he said. “That was the largest amount of money an American individual ever had been sued for. This began a 10-year campaign to demonize me by Chevron and by its judicial allies.”

Chevron, which has more than $260 billion in assets, has hired an estimated 2,000 lawyers from 60 law firms to carry out its campaign, according to court documents. The oil giant dropped its demand for financial damages weeks before the RICO trial, which would have necessitated a jury trial. Judge Lewis A. Kaplan, a former lawyer for the tobacco industry who had undisclosed investments in funds with Chevron holdings, according to his public financial disclosure statement, decided the RICO case alone. He found credible a witness named Alberto Guerra, relocated to the US by Chevron at a cost of some $2 million, who claimed the verdict in Ecuador was the product of a bribe. Kaplan used Guerra’s testimony as primary evidence for the racketeering charge, although Guerra, a former judge, later admitted to an international tribunal that he had falsified his testimony.

“[Kaplan] wouldn’t allow me to bring in any environmental evidence that the Ecuadorian courts had used to find Chevron liable,” Donziger said. “He wouldn’t let me testify on my own behalf on direct. He allowed Chevron to use secret witnesses whose identities he wouldn’t reveal to me. He tried to treat it like a national-security kind of case to try to demonize me. Because Chevron’s whole strategy is to demonize [me] as a way to distract attention from its environmental crimes in Ecuador. And Judge Kaplan, who knows all the tricks in the books because he used to work for [tobacco company] Brown & Williamson, when he was [an attorney with the law firm of] Paul, Weiss. He knows the tobacco industry playbook that they used for years and years and continue to use. And he worked with the Chevron lawyers at Gibson, Dunn & Crutcher to implement them against me without a jury. And there was nothing I could do about it.”

(Paul, Weiss is a large law firm that currently advises Chevron on its $13 billion purchase of another energy company.)

John Keker, one of Donziger’s lawyers on that case, said he was up against 160 lawyers for Chevron and during the trial he felt “like a goat tethered to a stake.” He called the court proceedings under Kaplan “a Dickensian farce” and a “show trial.” In the end, Kaplan ruled that the judgment in the Ecuadorean court against Chevron was the result of fraud.

He also ordered Donziger to turn over decades of all client communication to Chevron, in effect eradicating attorney-client privilege, a backbone of the Anglo-American legal system with roots dating to ancient Rome. Donziger appealed what was, according to legal experts following the case, an unprecedented and illegal order. While Donziger’s appeal was pending, Kaplan charged him with criminal contempt for this principled stance, as well as his refusal to turn over his passport, his personal electronics and to refrain from seeking the collection of the original award against Chevron.

When his criminal contempt charges against the environmental lawyer were ignored by the U.S. attorney’s office for over five years, Judge Kaplan, using an exceedingly rare judicial maneuver, appointed the private law firm of Seward & Kissel, to act in the name of the government to prosecute Donziger. Neither the judge nor the law firm disclosed that Chevron has been a client of Seward & Kissel.

Kaplan also violated the established random case assignment protocol to personally assign Loretta Preska, a member of the right-wing Federalist Society, to hear the case. Chevron is a major donor to the Federalist Society. Preska, in a show of bias, already has said the charges against Donziger appear to be “very strong,” according to Courthouse News. In May, she disallowed him from having his charges heard by a jury.

“The last thing any of them wants is for a group of ordinary citizens to see what has happened to Steven Donziger,” Rick Friedman, one of Donziger’s attorneys, said of Chevron.

“The last thing any of them wants is for a group of ordinary citizens to see what has happened to Steven Donziger.”

Rick Friedman, attorney

Preska’s fealty to corporate power was previously on public display in 2013 when she imposed a 10-year sentence, the maximum allowed under a plea deal, on Jeremy Hammond, the activist who hacked into Stratfor, a private security firm. Hammond made public a barrage of damning internal emails and exposed the email address and password of an account used for business by Preska’s husband, Thomas Kavaler, a partner at the law firm Cahill Gordon & Reindel. Preska, despite the conflict of interest, refused to recuse herself. The 10-year sentence was one of the longest in U.S. history for hacking.

Kaplan had Preska demand Donziger post an $800,000 bond on a misdemeanor charge. Preska placed him under house arrest and confiscated his passport which he has used to meet with attorneys around the world attempting to enforce the judgment against Chevron. Kaplan managed to have Donziger disbarred. He allowed Chevron to freeze Donziger’s bank accounts, slapped Donziger with millions in fines without allowing him a jury, forced him to wear an ankle monitor 24 hours a day and effectively shut down his ability to earn a living. Kaplan allowed Chevron to impose a lien on Donziger’s apartment in Manhattan where he lives with his wife and teenage son.

Donziger is scheduled to go to trial without a jury on September 9 in New York City for contempt. Preska will preside over the trial. There has not been a criminal trial in Manhattan federal court since March because of the pandemic. Donziger’s trial would be the first, although hundreds of other defendants facing far more serious felony charges are waiting in jails, infested with COVID-19, for a trial date. Donziger’s four pro bono lawyers said they do not want to risk their lives by traveling to New York during the pandemic for what is a misdemeanor offense.

“The judgment against Chevron Corporation in Ecuador was the product of fraud, bribery and corruption,” Sean Comey, Senior Advisor – External Affairs Chevron Corporation said when I asked the corporation to comment on the case. “Steven Donziger is a proven liar and an adjudicated racketeer. He committed criminal acts in the U.S. and abroad in pursuit of his extortion scheme in the Ecuadorian courts. Donziger’s continuing lawlessness is now a matter for prosecutors and the U.S. courts to decide. Chevron is not involved in Donziger’s criminal prosecution.”

The flagrant corruption and misuse of the legal system to abjectly serve corporate interests in the Donziger case illustrates the deep decay within our judiciary and democratic institutions, one that was abetted by Democratic administrations that stacked the courts with corporate lawyers — Kaplan was appointed by Bill Clinton — and Donald Trump, who has elevated ideologues selected by the Federalist Society to the federal bench. Ruling after ruling in Donziger’s case has ignored or grossly distorted the law on behalf of Chevron to ensure that Donziger will be prosecuted, sent to prison and remain in debt for life — all while the $9.5 billion settlement is never paid to aid the people harmed in Ecuador.

The International Association of Democratic Lawyers and the international committee of the National Lawyers Guild issued a letter signed by more than 70 organizations calling the persecution of Donziger an “attack on the rule of law.” The letter said his house arrest was “unprecedented” and charged that he was being targeted for what it called “one of the most important corporate accountability and human rights cases of our time.” The letter accused Kaplan of “violating basic notions of fairness in the judicial process that lie at the core of the rule of law.”

“We cannot allow the rule of law to be upended by corporate interests and a highly biased federal judge seeking to destroy the willpower of one lawyer who has already withstood decades of brutal litigation and scathing personal and professional attacks,” the letter read.

Chevron has also used its clout and advertising dollars to keep the story from being reported in numerous media outlets.

“Based on where this story is trending, we have launched a full offensive to kill it or redirect it,” an August 10, 2010 internal memo from Chevron reads concerning a potential report — on the case being done by the Fox News bureau in Miami.

“In addition to working through the Miami bureau, we have reached out to more senior news folks at Fox News, both in NY (through Dana) and in WDC (through Greg Mueller). So, we are trying to attack this story on multiple fronts. To this end, Kent is set to talk to John Stack and Sean Smith who both reside at Fox News in NY at 1:30 today. Finally, if need be, I think we may need to pull the JSW card with Roger Ailes. We have checked John’s availability to place a call to Roger, but his first availability is tomorrow afternoon.”

From 2010 to 2018, John S. Watson was the CEO and chairman of the Chevron Corporation.

The story was killed.

Another internal memo lays out the steps, also ultimately successful, to prevent a similar story from appearing in GQ magazine. The memo suggests that Chevron work …with the Columbia Journalism Review (that ran the rebuke of 60 minutes) and the Media Research Center to expose any degree of bias by GQ and raise alerts about the reporting techniques prior to the story’s publication.”

The memo recommends letting the magazine know that it will face legal action if the story runs and calls on Chevron investigators to “conduct further due diligence on reporter.” Chevron has also hired reporters to produce fake pieces of journalism that peddle the corporation’s propaganda on fake news sites it runs.

The New York Times magazine earlier this year considered a story about Donziger and then dropped it. The newspaper runs its own ad agency called T Brand Studio. Chevron is a major client, meaning The New York Times, through T Brand Studio, produces ads for Chevron.

Jake Silverstein, editor of the magazine, when asked to comment said by email: “It was one of several stories William [Langewiesche] considered writing for us in the past year, one that ultimately we decided not to assign. Many factors go into our decisions about what to assign, and none of them ever include who is or is not a client of T Brand Studio or any other part of the paper’s advertising business.”

Dean Baquet, the newspaper’s executive editor, said, when I reached him by email, that the idea that the magazine piece on Donziger was killed because Chevron is a major advertiser is “a ridiculous claim.” He added, “I didn’t even know Chevron worked with T Brand [Studio].”

But that Chevron has invested tremendous resources to kill stories about this case is indisputable given the detailed campaigns to block coverage outlined in its own internal memos.

“I’ve experienced this multiple times with media over the past 10 to 15 years,” Donziger said. “An entity will start writing the story, spend a lot of time on it, then the reporter disappears. The story doesn’t run.”

While The Nation, The Intercept and Courthouse News Service have reported on Donziger’s current legal battle, no major mainstream publication has touched it.

“Corporate influence over our federal judiciary has increased dramatically in recent years,” Donziger said. “This firm [Chevron] has captured an element of power from the government and deployed it against a human rights activist.”

Front Line Defenders issued a report in 2019 that found that 300 human rights activists had been murdered in 31 countries, more than two-thirds in Latin America. Of those killed, 40 percent fought for land rights, indigenous peoples and environmental justice.

“What’s shocking to a lot of people is that this is now happening in the United States,” Donziger said. “I don’t mean murder, but death by a thousand cuts. Chevron does not want me to be a lawyer anymore, at a minimum. They don’t want me advocating even as a non-lawyer. They want to silence me. They want to kill every story they can. They’d rather have no story about this case than even a positive story about their side. They don’t want people to know about it. They want to erase it from people’s thought process.

“I cannot get a fair trial with a judge appointed by Judge Kaplan rather than through the random assignment process,” he lamented. “I cannot get a fair trial with a prosecutor whose law firm [has worked] for Chevron. These are egregious conflicts of interest. Its misconduct on a grand scale. I’ve been locked up four times as long as the longest sentence ever imposed on a lawyer for criminal contempt in New York. Anyone who cares about the rule of law should be appalled.”

How Billionaires Took Over Liberalism and Destroyed It

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By Eric Zuesse

Source: Strategic Culture Foundation

They’ve done it via the ‘news’-media — their propaganda-operations. So, this is about how billionaires do that; how they’ve done it.

Ever since at least the time of Thucydides in the 5th century BC, the wealthiest have ruled, and did it by conquest and plunder. The acquisition of exceptional wealth was by theft: it was coercion, which could be either physical against the body (violence), or mental against the mind (deception). Exceptional wealth was acquired by some form of theft. The wealthiest controlled the government, which then enforced that theft as legal “ownership.” That’s how the economy worked. The government is the ultimate authority on who owns what. None of this has changed over the millennia. However, the technologies today are different, depending less on the wielding of steely weapons, and more on the statement of stealthy words, than in the ancient past. Increasingly, control is being achieved by deceiving the public. (For example, America’s leading liberal politician, Joe Biden, was one of the U.S. Senate’s leading segregationists and back-room opponents of the NAACP, but claims to be a supporter of “civil rights”, and is thus voted for by the overwhelming majority of America’s Blacks — but America’s press hides his segregationist record, and so they don’t know about it. Those voters’ ignorance is that politician’s strength, and it all comes from America’s billionaires.) Today’s methods of deceiving (and thus controlling) the public are considerably more sophisticated and professional than in the past. The aristocracy (the billionaires) do it nowadays mainly by means of their buying and selling, and hiring and firing, of the news-media, which thus have far more importance than in ancient times, because deceit is today’s main way to control the public.

Whereas conservative media rely unashamedly upon the existing popular mythology, liberal media need to rely upon that but to pretend not to, and to be instead ‘humanitarian’ and ‘enlightened’ in a more tolerant and open-minded sense: they specialize in hypocrisy — it’s liberal aristocrats’ particular style of art-form; they’re the ‘not conservative’ type of aristocrats. They pretend to be what they aren’t (champions of democracy — which they actually despise and crave to overcome, if it exists at all).

Progressive media (to the extent they exist at all, which is only very slight, anywhere) avoid both hypocrisy and mythology: they are openly anti-aristocratic, and rejecting also any mythology — they are populist, while not affirming the popular (or any) mythology. (By contrast: conservative ‘populists’ are committed to the existing popular mythology, and can therefore be manipulated by openly conservative aristocrats — they can be “Tories,” or even “Nazis,” and they can therefore vote against their own “class interests.” It’s stupid, but conservative ‘populists’ nonetheless do it routinely.)

As a result of this (since the progressives’ appeal — rejecting both the aristocracy and the mythology — is so small), politics almost invariably pits conservatives against liberals, and therefore promotes dictatorship (rule of the nation by its aristocracy), either way.

This means that, almost invariably, it’s either the conservative aristocrats, or else the liberal aristocrats, who rule a country. (Democracy — rule by the public — is thus very rare.)

Perhaps the most famous of all liberal news-media during the Twentieth Century was Britain’s Guardian newspaper, which was anti-imperialist — and that’s a core component of progressivism, because the aristocracy derive wealth not only by exploiting their domestic public, but also (if they are internationally successful, meaning control vassal-nations) by exploiting foreign publics. These aristocrats exploit foreign publics by controlling foreign governments. That’s called “imperialism.”

The Guardian newspaper was widely considered, until recently, to be not only liberal, but even progressive. It promoted government-expenditures for the benefit of the people, instead of for international conquest (which billionaires much prefer). Consequently, the aristocracy hated it, and wanted to take it over.

Tragically, that newspaper was, in fact, taken over, culminating in 2016, by American billionaires’ ‘charities’, and promptly it became perhaps the world’s most-rabidly pro-imperialistic propaganda-sheet (even worse than America’s own Washington Post and New York Times, both of which were infamous villains, which had, for example, helped to promote George W. Bush’s lies to invade and destroy Iraq for WMD that didn’t even exist except in their own lies about the matter — and those were definitely lies, not mere errors such as the liars and their propaganda-media claimed afterward). They are constantly whipping up hatred against Russia’s Government and against any nations (like Iraq 2003, Libya 2011, Syria 2012, Ukraine 2014, and Venezuela 2015, were, and like China and Iran are now) that were friendly toward Russia — because Russia is the main country that America’s billionaires want to conquer and control that they don’t yet control. So, they constantly propagandize against Russia, where they all want “regime change” (meaning, actually, conquest).

Just as for at least the past 2,500 years, conquest is the aristocracy’s chief goal. All aristocrats support imperialism. (Any who would oppose it would no longer be accepted within the aristocracy. It would hurt them in their business-dealings with other aristocrats. Amongst their fellow aristocrats, they would be rejected.)

This journalistic transformation at the Guardian, from anti-imperialist, to becoming a champion of the Military-Industrial Complex (which is owned and controlled by the billionaires), is typical.

Understanding this transformation toward pure propaganda is helpful in order to understand the functioning of today’s most destructive Government, the U.S. Government — the country (whose Government is controlled by its billionaires — no democracy) that has perpetrated far more invasions and coups, and done far more damage in and to the world, than all other Governments in the world combined, ever since the end of World War II. It has mass-murdered tens of millions of people, not only via invasions, but by coups that were followed by U.S.-imposed brutal dictatorships (which served the U.S. aristocracy) — and all the while with the U.S. regime pretending to advance ‘democracy’ and ‘human rights’ (such as in Iraq 2003-, Libya 2011-, and Syria 2012-). (After all: it’s liberal; it is hypocritical — it pretends to be progressive but isn’t.)

Though this incredibly hypocritical global-tyrannical U.S. regime is accepted world-wide, as if it weren’t today’s equivalent of Nazi Germany (only bigger than that), it is by far the world’s most evil Government, much as Nazi Germany’s Government was, in its time. Whereas America under President FDR (who was sincerely an enemy of Nazi Germany) was largely a democracy, America is now an aristocracy of its billionaires — a dictatorship by its own super-rich (and they are vicious, comparable to what Germany’s Nazis were, though using far more-liberal rhetoric).

A typical example of today’s Guardian (which is no longer a newspaper but just an online propaganda-site funded by those billionaires’ ‘charities’, and by readers who are stupid enough to donate and pay in order to be deceived by ‘news’ they read there) is two ‘news’-reports that were published in the Guardian on the same day, and unconnected with one-another except that they were both fact-less, undocumented, and rabidly hateful against Russia’s Government — that’s to say, against the bête noire of American-and-allied (such as UK) billionaires.

On 16 July 2020, the Guardian headlined both “Russian state-sponsored hackers target Covid-19 vaccine researchers” and “UK says Russia sought to interfere in 2019 election by spreading documents online”. Both were probably lies, but certainly unverified by any clear facts — totally uninformative, and just strings of allegations, pure war-propaganda — much of it stenographically citing from official government sources in the U.S. and UK dictatorships (just like the “WMD in Iraq” lie was).

The Guardian is now a typical liberal ‘news’-medium, which means that it is at least as imperialistic as the openly conservative ‘news’-media (such as Rupert Murdoch’s Times of London) are.

To show how such propaganda is created and spread, and has been used with enormous success by the millions of hired agents (including publicly elected governmental officials) of the U.S. aristocracy, a few examples will be cited here that have already been sufficiently studied and exposed to be frauds — such as those two ‘news’-stories in the July 16th Guardian have not yet been exposed, but (based on that ‘news’-medium’s record) probably also are frauds.

On August 7th, I headlined “‘Russiagate’ Hoax Unravels, but Their Anti-Russia Sanctions Don’t,” and documented, in considerable detail, the fraudulence of the main U.S. Government hoax against Russia, a hoax that was promulgated in the Mueller Report and in all of the Democratic-Party-created “Russiagate” case against America’s current atrocious (Republican-Party-billionaire-representing) President, Donald Trump (accusing him of being ‘a puppet of Putin’).

What’s stunning there is that, with such a horrid President as Trump, the Democrats selected this hoaxed case to bring against him, in order to force him out of office — as if there weren’t authentic crimes that he had been perpetrating during his Presidency (and even before). They refused to bring any of the authentic cases against him, because they — the Democratic Party itself, its own Senators and Representatives and the Democratic National Committee — were themselves participating in those crimes (such as this and this and this and this). So, they instead brought this “Russiagate” case (which had been manufactured by the prior, Democratic Party, President’s Administration, in conjunction with MI6; and, so, Democratic Party officials could bring it), which is entirely disprovable. All of their ‘news’-media (such as the New York Times, and the Washington Post, and even the formerly British Guardian) therefore hid the hoaxiness of the charges, so as to sucker the Democratic Party’s voters (their readers) into supporting their own Democratic-Party-billionaire-serving politicians, instead of the Republican Party ones, who instead represented Republican Party billionaires. The villain was Russia (their bête noire), instead of Hillary Clinton and their own controlling aristocracy.

That “Russiagate” case in the United States was co-created by America’s CIA and Britain’s MI6; so, not only was it a real crime by the (traitorous) U.S. Government against its own American public, but it was a fictitious crime also by a foreign Government (Russia, ‘the enemy’), against the American people. And, as I have also documented, there are many such governmental crimes. And the more that they can be blamed against countries that America’s aristocracy wants to conquer (such as “Russiagate” was), the better it is for America’s aristocrats. So, this is the routine reality now (and under Trump it has increasingly been also against Iran and China), so as to pump up the Military-Industrial Complex, which is virtually owned by the aristocracy.

I document many things that are consistently denied in America’s mainstream ‘news’-media, and therefore none of those media will publish these articles (though all of my articles are submitted to all of them); but, just today as I am writing, a webmaster at a non-mainstream site objected because I provide “too many” links. Even though he operates an online news-site, he fails to know or respect the fact that ONLY online text-articles possess even the ability to enable their readers to check out easily — just by the reader’s clicking onto a link — the evidence for any reasonably questionable allegation that is being made in the given article (such as this one). Broadcast journalism doesn’t do that. Paper-and-ink journalism also doesn’t. Therefore, all of the traditional ‘news’-media don’t empower their audiences to be intelligently skeptical, and to have easy access to the actual evidence behind any reasonably questionable assertion that is being put forth by them.

Furthermore, even when traditional ‘news’-media establish online sites, any links there are often uninformative, such as to that site’s own archive of references to a given term that is being linked in their article. They assume that you trust one Party or the other, and they provide no easy means of digging deeper — because they don’t want their audience to be able to understand. Those are all billionaire-controlled ‘news’-media. So, all of them lie routinely, in order to advance the business-interests of those owners and control their audience. It’s like they are just nonstop advertisements instead of real news-media. And, since there are no links to their ultimate sources, those audiences would have to become investigators, themselves, in order to separate out which allegations are facts and which allegations are frauds. Readers don’t have the time to do that; and listeners don’t have any way in which they can do it, even if they did have the time. In other words: those audiences will choose to believe and to disbelieve whatever they want. This is the reason for the increasing political-Party polarization. It has become so bad in America now, so that the current U.S. Presidential election is between two rabidly racist contenders: the openly conservative one, Donald Trump, who hardly even tries to hide his racism, versus the other, Joe Biden, who does try to hide the fact that he was one of the U.S. Senate’s leading segregationists and was even allied on segregation-issues with the Senate’s leading segregationist, the Republican Party’s Senator Jesse Helms. Only by means of the ‘news’-media’s hiding Biden’s White-supremacist background, can they pretend that the two Parties are offering the electorate a ‘progressive’ option, in the billionaires’ 2020 Presidential (s)‘election’. Non-racist Americans are offered, by the billionaires’ two Parties, only White-supremacist options (the overtly segregationist Trump, or else the covertly segregationist Biden) to vote for to become the next President.

The entire national public then increasingly consists of people who are prejudiced in whatever ways that they are — increasingly set in their existing false beliefs — their existing myths. To allow billionaires to place their heavy thumbs upon the scales of truth and justice that they own, by means of their control over ‘news’-media, is a sure way for any democracy to degenerate into dictatorship, so that the public are fighting more against each other than against the aristocracy. This is what billionaires want and what has happened. Some things change, but others remain the same. And rule-by-the-richest seems to be in the latter category.

So: this is how one of the very few remaining progressive news-media became switched, in just the past few years, to being whored to the liberal aristocracy. The Guardian, RIP, was almost the opposite of today’s Guardian.

On August 10th, Jonathan Cook, who used to be a Guardian journalist when it was its previous, progressive newspaper, headlined “How the Guardian betrayed not only Corbyn but the last vestiges of British democracy”, and he exposed his former employer as the opposite of what it had been and as having become perhaps even the chief tool by billionaires to destroy the post-Tony-Blair Labour Party which had been led by the progressive Jeremy Corbyn, and as having reflected the Labour Party billionaires’ preference instead to defeat Corby’s Labour Party, in order to help to install as Prime Minister the far-right Tory Boris Johnson so as to restore, as being that Conservative Party’s opposition, the pro-imperialist Labour Party that had joined itself full-force to George W. Bush’s lie-based invasion of Iraq in 2003. “Racism was endemic in the language and behaviours of Labour’s senior, rightwing officials,” whom today’s Guardian had helped to make the Labour Party’s current leaders. This new Guardian was the opposite of the old Guardian, which had given a voice “for control of the Labour party so that it might really represent the poor and vulnerable against rule by the rich.” Today’s Guardian was instead instrumental in killing–off that Labour Party, and thereby leaving UK with no progressive party at all, and without even a single Party that has any actually functioning progressive wing to it, at all.

The way that billionaires took over liberalism and destroyed it is by their having taken control over non-conservative media (most of which were liberal, but a few of which were even progressive, as the Guardian used to be) and stripped out of them any opposition that those media previously had had toward imperialism, and replaced that by championing imperialism, so long it’s of the ‘right’ kind, namely sanctions and coups and invasions by ‘our’ country, against countries that never even threatened one’s own country (but that are friendly toward Russia). By definition, attempting to conquer a country that isn’t attempting to conquer that aggressor-country is the biggest of all international war-crimes; it’s “aggressive war” — and Nazi leaders were hanged for it at Nuremberg — but it’s entirely unpunished when the world’s most powerful country (and its allies) are doing it, such as now. A popular term for it (i.e., for the supreme crime that was being prosecuted at the Nuremberg Tribunals) today is “neoconservatism,” and the only way in which it differs from the Nazi Party is that America’s aggressions are aiming at different targets to destroy.

The easiest way to end democracy is to take control over the news-media so as to make them instead ‘news’-media; and, therefore, that’s the way it has been done.

If the “Market” Never Goes Down, The System Is Doomed

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By Charles Hugh Smith

Source: Of Two Minds

The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria.

“Markets” that never go down aren’t markets, they’re signaling mechanisms of the Powers That Be. Markets are fundamentally clearing houses of information on price, demand, sentiment, expectations and so on–factual data on supply and demand, shipping costs, cost of credit, etc.–and reflections of trader and consumer emotions and psychology.

If markets are never allowed to go down, the information clearing house has been effectively shut down. Whatever information leaks out has been edited to fit the prevailing narrative, which in this moment is “central banks will never let markets go down ever again, so jump in and ride the guaranteed Bull to easy gains.”

The past 12 years offer ample evidence for this narrative: every dip draws a near-instantaneous monetary-policy response that reverse the dip and gooses markets higher.

That permanent monetary intervention distorts markets doesn’t matter to participants. Who cares if markets have become “markets,” simulacra of real markets that are now nothing but signaling mechanisms that all is well so buy, buy, buy? If gains are essentially guaranteed, who cares that markets are not longer information clearing houses?

Indeed. There’s no reason to care until the fatal spiral downward surprises us all. Here’s an analogy of what happens when real information gets edited to fit a convenient narrative.

Unfortunately, the patient has cancer which is starting to metastasize, i.e. spread to other organs in the body. But unbeknownst to the patient, this accurate information is considered “bad news,” so the test results and other information is carefully edited to show the cancer is actually shrinking–the exact opposite of what the actual facts reflect.

The patient is naturally delighted with this false data because it appears he’s on the mend and doesn’t need any surgery or other drastic treatments.

If participants don’t have information that reflects actual conditions, they cannot help but make disastrous decisions. Falsified or heavily edited information is misleading, and so all decisions made on the assumption this information is accurate will be fatally skewed.

Symptoms of the fatal spread of the disease are masked by stimulants that not only mask the spread but give the patient a sense of euphoric power and supreme confidence.

Imagine the patient’s terrible dismay when symptoms break through the euphoria and he learns his cancer is now terminal. Increasing the tragedy is his awareness that had the authorities in charge of his care given him the real-world data instead of the carefully edited “happy story” version, treatments could have been undertaken that might have extended his life. Now those options have been lost forever.

That’s the situation in our economy and financial system. The information cleared in markets has been suppressed, distorted and edited for 12 long years of permanent and ever-increasing monetary interventions, as the “doses” of intervention required to maintain the cocaine-like euphoria and supreme confidence in central bank manipulation of “markets” so they always signal the “good news” of guaranteed gains ratchets higher on every intrusion of reality.

The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria. Our last chances to clear the financial cancers eating away at our economy are slipping away forever, masked by the “market’s” cocaine-like euphoria and supreme confidence in central-bank guaranteed gains.

If the stock market is never allowed to go down, this is the equivalent of telling the cancer-riddled patient that their cancer has disappeared, even as the disease is leading inexorably to the patient’s needless demise.