Neoliberalism: Serving the Interests of the International Business Elitists

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By Edward S. Herman

Source: Dissident Voice

Mark Weisbrot, a co-director with Dean Baker of the Center for Economic and Policy Research (CEPR), has written an enlightening book that pulls together many of the analyses that CEPR has been producing over the past several decades. The book, Failed: What the “Experts” Got Wrong about the Global Economy, is important and useful because it provides an alternative framework of analysis to the one used by establishment experts, media and policy-makers. What is more, this alternative framework and description of reality is well supported by empirical evidence and is convincing. It is marginalized in the mainstream because it runs counter to the interests of the powerful, who over the past three decades, have successfully pushed for a neoliberal world order that scales back the earlier welfare state advances and pursues trickle-down economics and the well-being of the affluent.

In fact, an important feature of Weisbrot’s analysis is his recognition of the extent to which policy failures have flowed from biased analyses that serve a small elite and punish the majority, and that policy successes have often followed the loss of power by those serving elite interests. His first chapter is entitled “Troubles in Euroland: When the Cures Worsen the Disease,” whose central theme is that the long crisis and malperformance of Europe’s economies, and especially the weaker ones of Greece, Portugal, Spain and to a lesser extent, Italy, were in large measure the result of poor policy choices. The crisis, which dates back to 2008, was not due to high sovereign debt, which was only threateningly high in Greece, but rather the refusal of the policy-making “troika,” the European Central Bank (ECB), European Community and IMF, to carry out expansionary policies that would allow the poor countries to grow out of their deficit position.

The Fed met the U.S. crisis with an easy money program which, when combined with modest fiscal expansion efforts, quickly mitigated this crisis (although the fiscal actions fell short of what was needed for a full recovery). But the ECB refused to carry out a comparable expansion policy, and there was no Europe-wide fiscal program in the EU system. So the poor countries were forced to depend for recovery on an “internal devaluation” of cutbacks in mainly social budgets, given that external devaluations for individual countries were ruled out by the use of a common currency, the euro. This didn’t do the job, so the eurozone remained in a depressed state, even up to the present.

Weisbrot shows that this policy failure was deliberate, with the troika leaders–mainly the ECB–taking advantage of the weaker countries’ vulnerability to force on them structural and policy changes that served the interests of the international business elite. These changes, including cutbacks on public outlays for education, health care, social security, and poverty alleviation, mainly harmed ordinary citizens. So did the enforced pro-cyclical monetary and fiscal policies themselves, which produced a eurozone crisis of unemployment and foregone output that extended for six years and is still ongoing. Weisbrot points out that this policy and process was a notable application of Naomi Klein’s “shock doctrine,” according to which elites take advantage of painful developments (here macro-distress) to force policy changes that could not be obtained through a democratic process like a national political vote of approval. Weisbrot shows that the troika leaders were quite conscious of the fact that they were pursuing “reforms” that the public wouldn’t support outside of shock conditions.

This process rested on the undemocratic structure of macro-policy-making in the European community. One of neoliberalism’s instruments is an “independent” central bank, where independent means not subject to democratic control. The ECB meets that standard well, more so than the Fed; and in its statute the ECB is only required to meet a price stability objective, so it is free to ignore unemployment and even deliberately increase it. Neoliberal practice is also encouraged by the 1992 Maastricht Treaty, which placed ceilings on the size of budget deficits and total public debt (3 and 60 percent respectively). These unnecessary ceilings are often breached, but provide levers to put pressure on weaker countries.

The countries victimized by the ECB’s pressure for painful internal devaluation could in theory exit from the euro and rely on expansion via currency devaluation and newly feasible monetary and fiscal expansion. But the risks in the cutoff of aid and money market access and the turmoil in any transition are severe, and although Syriza was voted into power in Greece on an anti-austerity program and pledge, it did not see fit to exit. In this connection Weisbrot discusses the case of Argentina, which, in the midst of a calamitous recession in 2001-2002 did default on its large external debt, ended its peg of the peso to the dollar, froze bank deposit accounts, and installed controls over capital movements. This caused immediate chaos and a worsened crisis, but as Weisbrot stresses, after only a single quarter of further GDP decline (5 percent), freed of its externally imposed constraints, Argentina began its recovery, taking three and a half years to regain its pre-recession level of output, but with real growth of some 100 percent over the next 11 years. Greece, which had a peak GDP loss of 25 percent, and which is still mired in a badly depressed economy, could hardly have fared worse than Argentina if it had exited years ago. Whether that option should still be taken is debatable, and Weisbrot discusses the pros and cons without coming to a definite conclusion, but that an exit might well have a positive result is suggested by the Argentinian experience.

A major theme of Failed is the negative impact of neoliberalism on the growth of low and middle-income countries and the welfare of their people. A major chapter on “The Latin American Spring” features evidence that the triumph of neoliberalism in the years from 1980 to the end of the 1990s was a dismal economic and welfare failure, Per capita GDP growth fell from 3.3. percent per year, 1960-1980 to 0.4 percent 1980-2000, rising again to 1.8 percent in the years 2000-2014. The earlier period (1960-1980) was one of widespread government intervention in the interest of rapid economic development; the middle years were dominated by the triumph of neoliberalism, with widespread imposition of structural adjustment programs under IMF and World Bank auspices, lowering trade and investment barriers, and ruthlessly cutting back development and welfare state programs. The years 2000-2014 saw a resurgence of economic growth, but not up to the pre-Reagan years.

Weisbrot shows that the new spurt in economic growth was closely associated with the victory of leftist governments in quite a few Latin American states, starting in 1998, He also presents a great deal of evidence showing that the growth spurt resulted in major improvements in a range of human welfare indicators, like reduced infant mortality, poverty reduction, more widepread schooling, enlarged pensions, and greater income equality. Thus, for example, the Brazilian poverty rate, which had remained virtually unchanged in the eight neoliberal years before the victory of the Workers Party, saw a 55 percent drop in that rate during the years 2002-2013. Similar changes in this and other welfare measures took place in Ecuador, Bolivia and other Latin states that escaped the neoliberal trap. Although these changes brought improved lives and prospects to millions, Weisbrot points out that the U.S. mainstream has played dumb, refusing to feature and reflect on the significance of this widespread improvement in human welfare and its strange efflorescence associated with the decline in U.S. and IMF-World Bank influence in Latin America.

Weisbrot stresses the importance of democratization and policy space in these growth and welfare improvements. The ECB narrowed that policy space in the eurozone, making it difficult for national leaders to expand or otherwise help improve social conditions. This reflected the weakening of democracy in the eurozone, with the ECB, EC and IMF able to make decisions that local democratic governments would not be able to make. Similarly, the loss of power over Latin governments by the U.S. and IMF following the left political triumphs from 1998, and their record of anti-people actions and other policy failures, made for policy space. So also did the rise of China as an economic power, providing a market for Latin products and loans without political conditions. Weisbrot notes that the common orthodox position that the democratic West would be more likely to help poorer countries develop democracies as compared with what authoritarian China would likely do is fallacious. China lends widely without intervening politically. The United States has a long record of support of undemocratic regimes that will serve as its political instruments and/or provide a “favorable climate of investment.” (This writer’s The Real Terror Network was a dossier of U.S. support of National Security States in Latin America and of its active involvement in many counter-revolutionary “regime changes.”)

It is arguable that an unrecognized benefit of the Iraq and Afghanistan wars was their distracting U.S. officials from major efforts to halt the trend toward democratic government in Latin America, although their participation in the attempts at regime change in Venezuela and their successful support of an undemocratic coup in Honduras in 2009 shows that the longstanding anti-democratic policy thrust of the U.S. leadership is not dead. (Mrs. Clinton, of course, fully supported the Honduras coup. So we may see a more energetic pursuit of the traditional U.S. policy of hostility to democracy in Latin America with her election.)

Weisbrot stresses throughout the importance of per capita growth for improving the human condition. A problem with this premise is that the human race may be growing too fast for ecological survival. Weisbrot confronts this issue, arguing that while population growth is a definite negative productivity growth may on balance be a means of coping by increasing food output and lowering the cost of wind turbines, solar panels and other improvements. However, increases in incomes tend to increase the preference for meat, larger houses, and other resource depleters, so that productivity improvements may, on balance, place even more pressure on the environment.

Weisbrot is possibly over-optimistic on this front. But his book is rich in compelling analyses and data that show how the mainstream live in an Alice-In-Wonderland economic world and the important things we may do to escape that Wonderland.

 

Edward S. Herman is an economist and media analyst with a specialty in corporate and regulatory issues as well as political economy and the media. Read other articles by Edward.

Electoral Politics and the Illusion of Control

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By William Hawes

Source: Dissident Voice

We have all been told a lie. The lie that says democracy can be maintained only through voting, through purely representative, parliamentarian means. When the founding fathers set up the Constitution and Bill of Rights, they were wary of any truly popular, working and middle class control of the United States. Our government was to be run as a republic, designed by elites, for the elites. Our three branches of government were not simply invented for checks and balances: another reason was to stymie any massively popular mandates that would go against the interests of the oligarchy.

Today, the checks and balances used ostensibly to prevent tyranny are being used against us: even though a high majority (65%) is against government surveillance which violates privacy, and 78% want Citizens United overturned, we are stuck with a broken system and statesmen bought off by corporations. Even though 80% of eligible citizens didn’t vote in the 2014 elections, this year our out-of-touch pundits and mass media puppets prattle on unceasingly about our democracy, still misguidedly believing these candidates represent the will of the people.

Just sixteen years ago, our very own electoral system, in the form of a gilded cage, shut down the popular will of the people, as Al Gore won about 500,000 more votes than George W. Bush, yet still lost. Although the decision was made over 200 years ago, we have decided that the antiquated Electoral College system should still be used today.

More broadly, our never-ending election cycle serves as a palliative for ordinary Americans, but does nothing to cure the underlying disease and rot within our political system. Progressive liberals can take pleasure in Sanders’ statements supporting a raise in the minimum wage, debt relief for students, fighting income inequality, etc. Yet Sanders has no broad coalition in Congress to advance his agenda and to fight his “revolution”. Isolationist, non-interventionist conservatives can take pride in Trump’s support of Russia’s fight against ISIS in Syria, and his token rhetoric towards re-working unfair free trade agreements and bringing back jobs. Yet Trump’s pandering towards racists and xenophobes will only accelerate the descent towards fascism that the US has been slipping into for decades.

The second lie we’ve been told, or assumed implicitly, is that we are in control of our national destiny. Through the vote, we can supposedly make a clean slate every four years, to make up for the misdeeds of our past political leaders. The truth is much murkier. Our national security state and intelligence services have been built up to Leviathan levels, and presidential candidates are instantly discredited and marginalized for suggesting even small decreases in military spending. Corporate lobbyists and the conglomerate multinationals control the political landscape, determining the limits of discourse and shutting down anyone who exceeds the boundaries. Absurdly, third party candidates, some of the only ones with fresh ideas to invigorate our democracy, are demonized. Mainstream media coverage reinforces these imaginary limits of discussion, and Independents, Greens, Socialists, and Libertarians are relegated to the sidelines.

As the neoliberal order reinforces and deepens material poverty and intellectual ignorance, public discourse narrows without totalitarian overt manipulation. This makes issues seem as if they are progressing naturally, when public debate and consent is in actuality homogenized and conformist. This is analogous to the concept known to scientists as “shifting baselines”: here it applies to a public that accepts deeper cuts to social services, increases in privatizations, and increased militarization and policing of the public sphere, because the momentum seems inexorable and immutable. The establishment uses rhetorical threats and excuses to further corporate agendas and destroy civil society, all in the name of maintaining “economic growth” and upholding “law and order”.

The truth is that only by staring into the abyss can we collectively begin to dig ourselves out of our self-dug graves. The US has been in an unofficial recession since 2008. Millions of Americans live paycheck to paycheck, with minimal society safety nets, leading to insecurity, uncertainty and cynicism towards the future, and crippling anxiety. Politicians routinely show they do not care about the working class and the poor when they speak to the “middle class”, whatever that means anymore. Our leaders are handpicked by Wall Street billionaires, and/or defense and fossil fuel industrialists. Abroad, covert war is ongoing in a dozen or more countries in Asia and North Africa.

With so many minds confined to the hypnotic and myopic gaze focused on high technology, mass media, and our official “leaders”, 21st century man falls further into enslavement every day. As Fromm would say, we Escape from Freedom into self-indulgence and apathy, leaving hard decisions to technocrats and oligarchs. Control over our food, medicine, intellectual property, and basic social and environmental rights are consolidated into a handful of multinational corporations who inundate us with false needs through advertising and propaganda. Computer algorithms tell us what to buy, and social media manipulates our emotions, fulfilling the preaching of techno-dystopian prophets who warn of non-human intelligence guiding humanity towards dark futures.

Revolutionary fervor lurks under the surface, yet whether a popular progressive movement can blossom remains to be seen. Conversely, a missed revolution could easily result in an authoritarian and fascist takeover by the reactionary far-right. One thing we know for certain is that continuing under this two-party charade will only lead us to our doom.

Average citizens have never had any control of the republic since its founding. A complete constitutional overhaul is needed, and forms of direct, consensus, and deliberative democracy must be woven into a hybrid system. Elections should be funded by the public, with no corporate money allowed, shorter election cycles, and no discrimination towards third parties, unlike the current Commission on Presidential Debates. State governments should gain power, and federal programs reigned in and redefined towards streamlined regulation and oversight. Tax subsidies should be stripped from the fossil fuel industries entirely and redirected towards the best scientists and engineers in the field of renewable energy.

What is desperately needed is a shift in worldview to promote government that sees its job as not simply to tax and legislate, but to also support healthy life-world systems. Also, promoting humble and dedicated leaders who are stewards of community and the Earth, who do not insist on blatant exploitation of distant nations and pillaging resources, would go a long way. This cannot be done within the confines of the Democratic and Republican parties, who thrive on domination, coercion, control, and manipulation of public interests.

To break the cycle, we must collectively embrace our frailties and limitations. The deadly, patriarchal energy technologies such as the petrochemical industries and nuclear energy must be shut down. We must learn from the man-made tragedies of Bhopal, Katrina, Chernobyl, and Fukushima, and dismantle dangerous plants and factories, and begin to move humanity away from areas susceptible to natural disasters and coastal flooding. The US, Russia, and the nuclear nations must formally apologize for the atmospheric nuclear testing in the fifties and sixties which will kill millions from cancer, and ban nuclear weapons for good.

Learning to relinquish control and learning to keep one’s ego in check are two of the ultimate tests our leaders must accept. As the Tao Te Ching says:

Therefore the sages:
Manage the work of detached actions
Conduct the teaching of no words
They work with myriad things but do not control
They create but do not possess
They act but do not presume
They succeed but do not dwell on success
It is because they do not dwell on success
That it never goes away.1

  1. Tao Te Ching: Annotated and Explained. Derek Lin. SkyLight Paths. 2006.  Translation by Derek Lin. [↩]

 

William Hawesis a writer specializing in politics and the environment. You can find his e-book of collected essays here. His articles have appeared online at Global Research, Countercurrents, Dissident Voice, and Counterpunch. You can email him at wilhawes@gmail.com Read other articles by William.

Positively Thriving Through the Collapse of Civilisation

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By Open

Source: ZenGardner.com

Have you ever watched something happening in slow motion? You can quite clearly see the end result, but nevertheless, you can’t quite believe in your mind what your eyes are seeing. Like when the twin towers ‘collapsed’. The demolition was happening there right in front of you, but you had to pinch yourself to make sure you weren’t just dreaming. I feel exactly that way about modern society right now. The collapse is already happening, but in slow motion, so you can’t quite believe the entirety of it. What will it look like as the ‘buildings’ topple? More importantly, how can we not only survive the shift, but positively thrive in it?…

Slow motion free fall

Have you seen the film “Collapse” yet? It’s a grounded, real and at times very emotive interview with the late whistle-blower Michael C Rupert. I believe everybody on the planet should watch it (I’ve included it below). You hear the calling of a soul, put here for a purpose. Never so clearly have I witnessed a man express so eloquently, the destiny that drew him here.

He sums up so marvelously the reason why society is going to collapse. Let me correct myself: why it is already collapsing, just that it’s in slow motion, and not everyone has yet pinched themselves out of the dream that prevents them seeing the reality of it.

Society is built on the foundation of ‘infinite growth’, the need to continuously expand in order to service a surging ocean of debt. It depends on the ever burgeoning exploitation of natural resources. Which is why governments and corporations are more concerned with the last pockets of oil under the pole, rather than the ice on top of it. It’s why they’re stripping the tar from the sand, and fracking the earth into oblivion. Therein lies the problem. That’s why society is already in a state of slow motion free fall. Because we live on a planet of finite resources, and the two ends no longer meet. We’ve built foundations on sand and now the tide is fast flowing in.

Nevertheless, I am an optimist. Where others might slip into fear, I see the light shining through the shadows. There’s a way to survive what is to come. No, there’s a way to positively thrive in it!

Thriving the meltdown

You first have to accept what you see. That’s a challenge in itself. Watch the film, especially towards the end, because it’s fascinating. The interviewer suggests all manner of information can be presented to support the view you want to put across (like the ‘debate’ on global warming for example). And he’s right. But that’s not what Michael is about and neither am I. For me, and for others I work with, the debate is not necessary – such intellectual pontification is a pointless waste of time. We’ve already seen the towers collapsing. I can feel the energies of higher benevolence instigating the collapse mechanism. The earth needs to be saved from the wanton, consumeristic destruction. The debate – if ever there was one – is over. And until you can see through the veil, there’s nowhere to begin. So my first suggestion – assuming you feel any resonance with me – is to work to see past the veil into what is surely now taking place: collapse of the civilisation we currently depend upon.

When this lands for you, you’ll realise like the Hopi Elders, that the only way to prosper through this collapse, is by spiritual means. This will be a ‘war’ of the spiritual through the material. Not fighting. Rather breaking through the sense of physical disempowerment into the liberation of the spirit. The expression of the boundless, unlimited you, and watching this miraculous nature shine out into the world. Trusting that your every step will be supported. Not in the way your ego might want. It won’t deliver the physical outcome you desire. It’ll deliver much more than that: as the old skin peels off, a metamorphosis into an interconnected, interdimensional way of being – The rise of the Divine Human.

But yes, at this time we are physical beings too. And we’ll need a platform from which to unveil our divine being at the heart of every man, woman and child. Just as the dragonfly stands on the leaf, peels off the old skin and unfolds its wings in the sunlight before taking flight, so we’ll need a stable background to help people learn to fly.

What does that mean exactly?

It means we have to bring as swift an end to the system as possible. It’s gobbling up precious resources and energy, ridiculously wasting them on idle rubbish, mindless entertainment and hopeless addiction. We have to ween ourselves off this crutch through non-compliance with the corporations that would try to bolster it – those that would like to keep mankind dwelling in the murky depths of the pond, rather than flying liberated above it.

Discovering how less is more

We have to spend our time and money wisely now: to invest in ourselves and our future (especially since paper money will lose its value); to gather together the resources and communities that can help one another out as society steadily pulls itself apart. Even if you continue to work in the matrix, you can still prepare. And don’t worry, you have time, if you begin now. Society will not collapse in one fell swoop. It will be a steady degradation. It’s happening now. It’s just that most haven’t clicked yet as to what’s going on. So you’ve got time to gather together, share ideas, support and suggestions about what might work best. You can start growing your own food and collect a reserve of essentials to tide you through difficult times.

That’s the inspirational idea behind Transition Towns, which have been springing up and thriving all around the world for several years now. It’s about supporting local skills, already developing the web of a local support and resource mechanism. Even if it’s just a micro community of a few neighbours and friends, it will make all the difference as the globalised structure fractures.

In the film below, Michael shares a poignant and prophetic example of the fate of two countries – North Korea and Cuba – that both suffered through the collapse of the iron curtain: affected because they were both dependent on Soviet oil, just as the civilised world is right now.

The North Korean approach was to centralise resource, for government to control everything, like the collectivised food supply and nationalised energy. Communism? It sounds suspiciously like the leading western ‘democracies’ to me. And what was the result? Starvation on a massive scale. Cuba on the other hand encouraged people to come together in local communities, to grow their own food in their own back gardens, thus consuming a fraction of the energy. They no longer have the paraphernalia of modern society – a blessing – and the people positively thrived by needing less, discovering that less is more.

Some will say we can use unlimited supplies of ‘free energy’. Whilst we may benefit from new technologies that could come through, what we have to realise is how hopelessly dependent the current system is on oil. How will all those fossil fuel engines be replaced? Where will the resources come from to build the new machines, gadgets and widgets? Whatever technology we discover to tide us through, it is my strong assertion that we need to get used to consuming less, using wisely the resources we currently have…

Even if you new the world was to end tomorrow, would you plant that apple tree today? Would you live wisely, with compassion and a soft footprint on the earth? It is these souls that will ascend through the collapse of the old world. This is the new consciousness which will thrive as the old is peeled away.

Pinch yourself awake

The universe is a flowing ocean of energy. Humanity – spurred by an Interdimensional Intervention – has built a dam and tried to contain it in some eddy current. And we’ve turned a blind eye as the realigning energy of higher dimensional forces and devic consciousness now comes in to break apart the false reality fabric over time.

This shift and cleansing process that is beginning will be unlike any other to have taken place on earth. Why? Because Gaia has released her karma. She needed the control mechanism too, in order to experience being fully accepting and forgiving of those that would disrespect her. But she’s processed that constriction now and needs it no longer. Thus the ‘matrix’ no longer has a foundation. It will be peeled off over time. There will be no place for the old human consciousness, which will be shed with the skin too. Instead, will incarnate the new human consciousness – Divinicus Cometh – to thrive through this cleansing process which has now begun.

The renewed human spirit is meant to ride this realigning wave, rather than try to manipulate it. Because anything that tries to control something else, ultimately ends up controlling only itself. So we need to learn to ride the wave of the soul once more. To listen to it and above all, feel it coursing through our veins, respond to its direction. We need to master the inner alchemy of change. There’s two streams of consciousness within you. Which do you identify with: the sense of separation, the fear and contraction? or do you penetrate that, soften through it and flow with your eternal spirit?Right now too many are still caught ‘rabbit like’ in the car headlamps as the slow motion tsunami approaches them. Hoping, pretending, that they’re just in a dream and when they wake up, all will be okay, the car won’t really be careering towards them. But by then, it’s too late.

I urge you then to watch the film, pinch yourself awake, but then let the soul inspire you to make new choices in this new multidimensional landscape. And if you can’t yet clearly hear the soul and follow its guidance through every choice, then I would suggest that’s the best place to begin. Here’s the documentary and afterwards, if you’d like help with the soul guidance part, feel free to get in touch.

from my heart to yours

Open
(on behalf of Openhand)

Government, Terrorism, Money, Education and Other Important Discussions

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By Phillip J. Watt

Source: The Mind Unleashed

The elite power structure – which uses the monetary system, war, false flags and the monopolized media as their primary mechanisms of control – has infiltrated every major government of the Western World. How do we know this? It’s simple; if they hadn’t been hijacked, then governments would have already begun a process of revolutionizing the way in which our societies are organized so that it benefits all of us, not just a select few.

The US Presidential race and two of its candidates have shown a small amount of hope for real change in America, something that not just its citizens desperately need, but the entire world too. Once the game is changed in the US – so that the government no longer works for those in control of the multinational and banking corporations – it will undoubtedly reverberate around the world.

Clinton is obviously a mouthpiece of the status quo and therefore cannot be trusted to enact real change. After all, she is an oligarch. On the other hand, Sanders and Trump appear to be anti-establishment, but are they really? It’s difficult to really know, because they could be controlled opposition. Yet even if they are separate to the existing order, can we really trust that they’ll do the job that the world’s peoples, and the environment, truly need?

Actions always speak louder than words, so regardless of the rhetoric of Trump and Sanders, does their policy agenda actually align to the truths that have been exposed by the many independent social researchers who are doing a wonderful job for the betterment of humanity?

Read below and decide for yourself.

The Real Policies for Change

This list is by no means exhaustive, but it reflects the fundamental shifts that we should be implementing in the short term to move into a new era of health and prosperity for humanity, and the environment we inhabit. In other words, these changes are the first essential steps if we want to overcome the dysfunction and deception that plague the hearts and minds of the people, as well as the systems that guide our collective activity.

If a political party or politician does not discuss these topics in general, then they are not aligned to the changes that we need, and therefore true progress. This is most likely because of two reasons; ignorance and/or corruption.

In any case, the exact way forward in each area is of course open for debate, but there must be an open and transparent dialogue held among the people. Simply, we all need to understand not just the issues, but the potential solutions to them.

This is obviously happening within conscious circles and progressive movements, however it’s not yet active within the mainstream mentality. This is just more evidence which illustrates that our politicians have failed us; that’s because it’s their job to bring these issues to the light of day so that everybody can participate in their resolution, if they so choose.

1. Monetary Policy: The way the economy is designed must rid society from the saturation of debt, move beyond indebtment to the oligarchs, cease the creation of fake currency by banks, overcome economic slavery by making the currency supply one of value and guarantee that local economies prosper.

2. Taxation Policy: The tax burden put on the people and the evasion of tax by multinational corporations needs to be resolved. One such method is abolishing all taxes and implementing a 2% debit-transaction taxso that citizens pay less tax, all individuals and businesses pay their fair share and there is an abundance of revenue to heal the wounds of a decaying society.

3. Budgeting Policy: Government revenues must be effectively and efficiently utilized to ensure the development of robust social services, increased wealth equality, the eradication of poverty, widespread sustainable practices, appropriate national defense programs and necessary infrastructure.

4. Defense and Foreign Policy: With unjust wars and false flag terrorism being the norm of the 21st Century, any decision to go to war must be sanctioned by the people via referendum. The reasons must be transparentally documented and validated as based in truth. All events at home and abroad that impact the decision-making of defense and foreign relations must be subject to robust and open investigations. Because national security is the first priority, all international relations should be treated diplomatically as the first line of defense.

5. Media Policy: The way in which information is disseminated throughout society must not be managed by monopolies, or a government. Media must be an open source platform where independent investigations are implemented and presented without bias. Any monopoly on the media must be disassembled so that the populace has unrestricted access to all the information necessary for the health and well-being of each individual and the community as a whole.

6. Education Policy: The way in which our children are educated is an indoctrination into the status quo, particularly economically and politically. The education system must therefore ensure that all children exercise their right to gain access to information that will help them to grow into healthy, happy and honorable adults, as well as question the way in which we organize society so that we can evolve it in alignment with our needs.

7. Governmental Policy: The amalgamation of government and business needs to be dissected. Politicians and bureaucrats are servants of the people and therefore must be representative of the needs and wants of the people. Moreover, government intervention of individual liberty and the free market must be also reduced.

8. Energy Policy: There is no longer any need to rely on fossil fuels, so creating the energy that society needs must be replaced with renewable resources – such as solar, air, water, wave, plant and free-energy technologies. Energy must also be made cheaply available to the public.

9. Health Policy: All foods and so-called medicines which impact the long-term health of the people must be labelled appropriately. Health programs that support emotional, psychological, philosophical, physical, spiritual, social and behavioral vitality must also be deeply embedded into schooling and other educational platforms. Holistic and preventative approaches to dis-ease must also be brought to the forefront of health education instead of relying on a symptomatic and prescriptive medical framework.

10. Medicine Policy: The pharmaceutical monopolies must be transformed into meeting the needs of the people, not shareholders and their profits. All natural and cheap remedies to disease – such as plant-based medicines and meditation – must be fully documented and reincorporated back into health education.

11. Housing Policy: Every person has a right to live in safe, comfortable and affordable housing. No individual should be homeless, unless by choice. Employment and Housing Policy must also be designed to ensure that the purchase of land is affordable and achievable for all.

12. Food Policy: The damaging impacts of industrial agriculture on earth’s natural systems, as well as the erosion of local economies (which is the direct result of trade agreements that primarily benefit the multinationals), needs to be reversed. One such way is by replacing it with a localized/regionalized Permaculture model where individuals and communities are supported to grow their own produce. This will help to increase local employment, as well as reconnect people to nature, the food they eat and their health requirements. In addition, all foods must be properly labelled and contain no toxic ingredients. GMOs must also be abandoned and organic foods must be readily available.

13. Water Policy: All citizens have a right to access safe and clean water. They should be supported to capture their own water needs. Where this is not possible, no toxins such as fluoride will be added to the water supply.

14. Animal Policy: All animal agriculture systems must respect the health and happiness of those animals. They must not subject them to any conditions in which they consistently suffer. One particular approach would be to incorporate it into a widespread permaculture model, in which animals are treated humanely.

15. Environmental Policy: Any practice that is environmentally unsustainable and negatively impacts the health and diversity of our natural systems is to be transformed into the opposite. The increasing extinction of animal and plant life must be reversed, as well as the trends of deforestation, ocean acidification and desertification.

16. Drug Policy: The war-on-drugs has been an epic failure because it has generated more crime, addiction, mental health problems and sent the market underground. It has also stigmatized the natural right to explore one’s own body and consciousness. The therapeutic and developmental aspects of so-called illegal drugs must be holistically researched so that society can be educated on both their positive and negative impacts. All illegal substances must be made legal, as they have begun to do in some countries, and a thoroughly-informed society must have safe access to pure substances for their own therapeutic, developmental and leisurely needs.

17. Sovereignty Policy: All citizens have natural rights, some of which have eroded through the recent policies of Western Governments. One example is privacy and another is the right to protest. This stripping of our rights needs to immediately stop and all rights aligned with natural law are to be reintroduced. No flesh and blood person should be treated as a legal fiction that works for a corporation impersonating as a government. This means that no legislation can impede on the natural laws that all individuals have a right to exercise.

18. Immunization Policy: All vaccines must be robustly studied independent of the pharmaceutical industry and the results made available to the public. All previous disease and death resulting from vaccines must also be publicly available. None will contain any ingredients other than to immunize against a specific disease. In addition, no child or adult will be forced or coerced into taking vaccines; every person must have their natural right to choose intact.

19. Atmospheric Policy: All geoengineering and chemical spraying programs are to immediately cease. The impacts that these programs have already had on the health of humanity, as well as the environment, must be holistically investigated and reversed.

20. Social Security Policy: Pensioners, people with a disability and other persons who require financial support must be treated with respect and must be able to comfortably live above the poverty line. Where possible, they will be supported to increase their education, training and skills so that they reenter the workforce. There should also be widespread volunteering programs with inherent incentives so the knowledge, skills and services of the elderly can be utilized for the benefit of the community.

Further Thoughts

There are many more areas that need to evolve, but its important to focus on the priorities in such as short piece. No doubt, many of you reading this would have been shocked and confused by some of the information herein. You might have even rejected elements to it, because it might have seemed too conspiratorial or challenging to believe. That’s okay; every single one of us who have woken up to these realities felt the same the first time we heard them too.

In any case, if you’d like to do follow up research, the links provided above will help you to initiate the process. Go deep too; it’s only when we individually undertake our own independent and robust research that we can come to a solid understanding of the true state of the world. The tip of course is to not be fooled by the propaganda narratives of the matrix-media and ensure we undertake research through the independent channels and progressive social researchers.

Furthermore, the above plans of attack are designed for the short to mid term. This does not discount the deeper agenda of moving from an economy of scarcity, to one of abundance. There are many models to achieve this, such as several resource-based economies, but until we build the foundations and start moving in that direction we have to work with what’s in front of us, right now.

In addition, of course it’s necessary to build new systems outside of the existing model to make the old ones redundant, yet we still need to use the systems that we’ve got and aim to transform society from within. After all, a balanced and holistic approach, is always the right approach.

Final Thoughts

Never has a government exposed all of the above issues. They might touch on some of them to some degree, but unfortunately we don’t have so-called leaders who actually call out the real challenges that we collectively face. There’s no doubt that some politicians know about these actualities, but the reality is they don’t publicly disclose it in fear of losing their credibility, or their livelihood.

But things are changing. Not only are more and more people joining the awakening community by educating themselves and taking action in response to these dysfunctions, but there are also political parties forming who dare to expose these truths to their audience and design robust policies in response. One such group is The Australian Sovereignty Party (ASP); in fact, many of the links above will direct you to the policies they’ve designed to rectify the failures of past governments.

Many parties around the world could learn a thing or two from this political force.

If you’re Australian, I highly encourage you to read the policy material at their website and join if their ethos resonates with you. Any person from around the world can join as an affiliate member too, so anyone is more than welcome to sign up to learn about how a true political party works. In addition, share this article and the ASPs progressive policies among your friends and family so that the momentum builds to bring Australians (and others) up-to-date with a political outfit that actually represents the real needs of you, me and all of us.

If you also believe in transforming our world into a better place, then at the very least research their policies. I know you’ll be pleasantly surprised (view their website here and follow them on facebook here). Furthermore, following is an interview I did with the President of the ASP, Daniel Huppert. In it he discusses many of the issues found in this article and the ASPs policy response to them. Enjoy.

 

ABOUT THE AUTHOR

Phillip J. Watt lives in Australia. His written work deals with topics from ideology to society, as well as self-development. Follow him on Facebook or visit his website.

Markets Ignore Fundamentals And Chase Headlines Because They Are Dying

DIY_Preparedness_Normalcy_Bias_Head_In_Sand_2

By Brandon Smith

Source: Alt-Market.com

Normalcy bias is a rather horrifying thing. It is so frightening because it is so final; much like death, there is simply no coming back. Rather than a physical death, normalcy bias represents the death of reason and simple observation. It is the death of the mind and cognitive thought instead of the death of the body.

Ever since the derivatives collapse of 2008 the public has been regaled with wondrous stories of recovery in the mainstream to the point that such fantasies have become the “new normal”. These are grand tales of the daring heroics of central bankers who “saved us all” from impending collapse through gutsy monetary policy and no-holds-barred stimulus measures.

Alternative economists have not been so easy to dazzle. Most of us found that the recovery narrative lacked a certain something; namely hard data that took the wider picture into account. It seemed as though the mainstream media (MSM) as well as the establishment was attempting to cherry-pick certain numbers out of context while demanding we ignore all other factors as “unimportant.”

We just haven’t been buying into the magic show of the so called “professional economists” and the academics, and now that the real and very unstable fiscal reality of the world is bubbling to the surface, the general public will begin to see why we have been right all these years and the MSM has been utterly wrong.

Mainstream economists have done absolutely nothing in the way of investigative journalism and have instead joined a chorus cheerleading for the false narrative, singing a siren’s song of misinterpreted statistics and outright lies drawing the masses ever nearer to the deadly shoals of financial crisis.

Why do they do this? Are they part of some vast conspiracy to mislead the public?

Not necessarily. While central banks and governments have indeed been proven time and again to collude in efforts to cover up financial dangers, most economists in the media are simply greedy and ignorant. You have to remember, they have a considerable stake in this game.

Many mainstream economists tend to have sizable investment portfolios and they base their careers partly on the successes they garner in the annual profits they accumulate playing the equities roulette. They also have invested so much of their public image into their pro-market and recovery arguments that there is no going back. That is to say, they have a personal interest in using their positions in the media to engineer positive market psychology (if they are able) so that their portfolios remain profitable. Not to mention, their professional image is at stake if they ever acknowledge that they were wrong for so long about the underlying health of the real economy.

This atmosphere of deluded self interest also generates a cult-like collectivist attitude. There is a lot of mutual back scratching and mutual ego stroking in the MSM; a kind of inbred conduit of regurgitated arguments and unoriginal talking points, and people in the club rarely step out of line because they not only hurt their own investment future and career, they also hurt everyone in their professional circles.  Meaning, no more cocktail party invitations to the Forbes rumpus room…

This is not to say that I am excusing their self interested lies and disinformation. I think that many of these people should be tarred and feathered in a public square for attempting to dissuade the public from preparing in a practical way for severe economic instability. I do not think they see themselves as being responsible to the people who actually take their nonsense seriously and their attitude needs adjustment. I am only explaining how it is possible for an entire profession of supposed “experts” to be so wrong so often. Mainstream financial analysts WANT to believe their own lies as much as many in the public want to believe them.

Like I said, normalcy bias is a rather horrifying thing.

One of the root pieces of disinformation in the mainstream that feeds all other lies is the disinformation surrounding falling global demand. MSM pundits cannot and will never fully admit to the cold hard reality of collapsing demand within the global economy. If they are forced to admit to falling demand, then the facade of a steady or recovering U.S. economy crumbles.

I covered the facts behind falling global demand for raw goods and consumer goods last year in part one of my six-part article series, ‘One Last Look At The Real Economy Before It Implodes.’ The hard evidence and numbers I presented have only become more important in recent months.

For example, U.S. inventories are building and freight shipments are declining in the U.S. as retailers cite falling demand for goods as the primary culprit. Official retail sales numbers for the holiday season of 2015 have come in flat. When one takes into account real inflation in prices, consumer sales are actually far in the negative. According to the more accurate methods the U.S. government used to use in their calculations of CPI in the 1980’s, we are looking at annual price inflation rate of around 7%. Price inflation does not necessarily equal improved sales.

Energy usage has been crushed since 2008. Despite a growing population and supposedly a growing economic system, oil consumption in 2014 according to the World Economic Forum dropped to levels not seen since 1997.

This is the exact opposite of what should be happening and it is the opposite of mainstream projections for oil consumption made back in 2003. This is why inventories and storage for oil across the globe are reaching capacity in a manner never seen before. American demand for oil is not growing exponentially as expected because Americans cannot afford to support such growth anymore. Falling energy demand at these extreme levels is an undeniable indicator of a failing economic system.

Of course, mainstream economists in their desperation to keep market psychology rolling forward and the equities casino producing profits seek to spin this problem as an “oversupply” issue rather than a demand issue. And this is where the disparity in their arguments begins to bleed through.

Here is the problem presented in the mainstream; what came first, the chicken or the egg? Did falling demand lead to oversupply and thus a fall in prices? Or, is demand remaining steady and is overproduction the cause of falling prices?  Yes, let’s confuse the issue instead of looking at the obvious.

As already linked above, it was falling demand which came first in 2008, and demand which continues to fall in relation to past trends. Have producers failed to reduce oil production to match falling demand? Yes. But this does not change the fact that oil demand today is well below levels needed to sustain the kind of economic growth markets have come to expect. Mainstream economists attempt to distract by hyper-focusing on supply, or twisting the discussion into an either/or scenario. Either it is a supply problem, or it is a demand problem, and they assert it is only a supply problem. This is not reality.

In fact, both can and often do exist at the same time, though one problem usually feeds the other. Falling demand does tend to result in oversupply in any particular sector of the economy. The bottom line, however, is that in our current crisis demand is the driving force and supply is a secondary issue. Supply is NOT the driving force behind the volatility in oil markets. Period.

This same chicken and egg distraction rears its ugly head in discussions on shipping markets as well.

The mainstream claim that the historic implosion of the Baltic Dry Index is nothing more than a problem of “too many ships” operating in the cargo market has been throttled, dissected and debunked so many times that you would think that it is surely dead. But the lie just will not die.

Mainstream propaganda houses like The Economist and Forbes continue to produce articles on a regular basis which deny the issue of falling demand for raw goods and claim that oversupply of vessels is the root cause of the BDI losing around 98 percent of its value since its highs in 2008.

I haven’t seen any of these articles offer actual stats or evidence to back their claims that oversupply of ships is the culprit and that demand is not a legitimate issue. But beyond that, why does the mainstream seem so hell bent on dismissing the BDI as a reliable economic indicator? Well, because shipping rates fall when demand falls, thus, when the BDI falls, it signals a lack of global demand. This is a fact they refuse to accept. When the BDI falls by 98 percent since the 2008 highs preceding the derivatives crisis, this signals a disaster in the making.

So, let’s stamp out the “too many ships came first” disinformation once and for all, shall we?

Shipping companies like Maersk Lines have already publicly admitted that falling global demand is the core problem behind falling rates and that supply is a secondary driver. They view the current financial crisis to be “worse than 2008”.

The fact that the largest shipping company in the world is warning of falling demand does not seem to be having any effect on the mainstream talking heads, though.

So, what do major shipping companies do when demand is falling and too many ships are operating on the market? Do they field those ships anyway and drive rates down even further? No, that makes no sense.

What companies do is either leave ships idle in port or scrap them. According to BIMCO (Baltic And International Maritime Council), 2015 was the busiest year since 2012 for the scrapping of older ships to make way for new arrivals. This process of scrapping ships or storing them idle destroys the argument that too many ships are driving falling rates in the BDI. In fact, as chief shipping analyst Peter Sand of BIMCO stated last year:

“The increase in Capesize scrapping comes at a much needed time for the market. Looking at the development so far this year the fleet growth has actually been negative, with a reduction of 0.8 %.”

I hope the garbage peddlers at Forbes and The Economist caught that — NEGATIVE growth of ship supply, not massive over-growth of ship supply. The scrapping increase was also across the board for other models of ships, not just the Capsize, and the increase of cargo capacity by new ships has been negligible.  Yet, shipping rates continue to plummet to historical lows.  Only falling demand, as Maersk Lines admits, explains the crash of the BDI in light of this information.

China in particular has been offering considerable incentives to those companies that do scrap older ships, to the point that some are even scrapping semi-new ships in order to cash in.

Now, this is not to say there is not an “oversupply” of ships. There are indeed many ships within cargo fleets that are not in operation. But again, this is because demand has declined so completely that even with increased scrapping and idling, shipping companies cannot keep up.  Falling demand OCCURRED FIRST, and oversupply is nothing more than a symptom of this root problem.

So, mainstream hacks, can we please put the “too many ships” nonsense to rest and get on with a real discussion on obvious issues of demand?  Stop focusing on the symptoms and examine the cause for once.

These are just a few of the hundreds of fundamental problems plaguing the global economy today, and they are all problems that the mainstream continues to ignore or dismiss out of hand. Which brings us to the now accelerating volatility in stock markets.

Stock markets are crashing, there is no other way to paint it. They are crashing incrementally, but crashing nonetheless. When you have violent swings in equities and commodities between 5 percent and 10 percent a day, then something is very wrong with your economy and has been wrong for some time. If global consumption and demand were really steady or growing, then you would not see the kind of systemic backlash in the financial system that we are now seeing.  If companies listed on the Dow were making legitimate profits due to a healthy consumer base and enjoying solid expansion, stocks would not be increasingly volatile.  If investors and mainstream analysts actually looked at the real numbers in demand (among other things), then the strange behavior in markets would be easy for them to understand. They will not look at such numbers until it is too late.

Instead, markets have chosen to chase headlines, and here is where the ugly circle of normalcy bias and cognitive dissonance completes itself. There are no positive indicators within the fundamentals today to energize market faith or market investment. So, investors and algorithmic trading computers track news headlines instead. The MSM hacks now have the power (along with central banks and governments) to create massive stock rallies with one or two carefully placed news tags, such as “Russia To Discuss Oil Production Cuts With OPEC.”

Market speculators and trading computers jump on these headlines without verifying if they are true. In most cases, they end up being false or just hearsay from an “unnamed source.” And so, the markets then crash further down into the abyss, waiting for the next headline to bolster activity even for a day.

The sad truth is, if any of these headlines turned out to be legitimate, their effect would still be meaningless in the long run as the overwhelming weight of the fundamentals continues to topple poorly placed optimism. Now that the investment world no longer has the certainty of central bank intervention as a useful tool, they don’t know if bad news is good news or if good news is bad news. The fact that the system is moving into a death spiral without the psychological crutch of central bank stimulus measures should tell you all you need to know about the supposed recovery since 2008.

No society wants to admit economic failure or economic sabotage, and this is why the con-game is able to continue in the face of so much concrete truth. Ultimately, the market trends and economic trends will flow into the negative. In the meantime, expect massive market rallies, rallies which will then disintegrate in a matter of days. And, whatever happens, never take what mainstream economists say very seriously. They have failed the public for long enough.