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"Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose." John Maynard Keynes
With the arrival of Peak Oil, the curtain has closed on Act 1 of the drama Petroleum Man. What will happen in Act 2? Chekhov said, "If there's a gun on the wall at the beginning of the play, by the end it must go off." In the world's nuclear arsenal are many guns on the wall. If life copies art, will there be an Act 3 in which the players, having learned their lesson the hard way, live sustainably? To explore these and other questions... FTW's Act 2 Blog. Read, comment, take heart! Orkin
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23 comments:
Where does the Keynes quote come from? Thanks.
it was on le metropole cafe. i don't know where keynes wrote it.
Jenna,
I just recently read Mike's book, Crossing the Rubicon, after finding out about him through the internet. I was stunned to read all the terrible things that have happened to him and FTW. I just want to say how much I admire and appreciate him for all his bravery and magnificent work. According to the August blog, he is doing well and in better health. I hope this is still true??? Please let him know that he has gained another supporter and that I thank him so much for all that he has sacrificed in order to bring the truth to light. I'll continue to pass on his message. Peace!
thanks megan
yes the august update is still accurate
Japan Finding It Hard to Tap Africa for Oil, Gas
http://www.rigzone.com/news/article.asp?a_id=51075
Why the silver price is set to soar by Money Week
http://www.moneyweek.com/file/28810/why-the-silver-price-is-set-to-soar.html.
The Evo Morales speech at the UN was impressive.
http://www.countercurrents.org/morales041007.htm
It's very interesting about that plane crashing with all the cocaine on it. Was this just your average drug traffickers from Brazil or something more? Hmm.
lets put pipes all over the ocean... You think we're in a bad way when they propose such laughable solutions?
I see, that there are some improvments on keynes. Who wants to understand some more about should read the files offered at:
http://www.sffo.de/aufsatz.htm
Excuse the most ist in german, but Mike seems to speak it?
Theory of money is unfortunately actually even not fully understood from the european bankers. This is prouven!
Nevertheless the money-system and its configuration will take a very important role in all the myth of globalisation, but has to be fixed!
But the onest possibility to arrange this basically needs also general fair arrangements in use of all natural ressources, what can be done in a way also pointed out on the site above.
But to arrive to these fair agreements we will have to learn to listen and understand our "partners". And we have to begin to see us all as partners worldwide. And THAT ist the real CHALLENGE of all "globalisation".
Faustus
the freedom of today
Yesterday I happened to see a TV program extolling electric vehicles. Basically the message was that we can just switch to EVs and all our transportation problems will be solved. I wonder if one in 100 of the people who saw that program stopped to think about where the needed electricity would come from if even a small percentage of Japan's passenger car fleet became EVs.
We're at the point where the whole system is held together by a wish and a string. No one dares to say the obvious, no one has a Plan B (except Cheney?), and governments are just trying to muddle along and keep things running as long as possible before the bottom falls out. Have a nice day!
Russians plan own airfield on Svalbard
http://www.norwaypost.no/cgi-bin/norwaypost/imaker?id=105258
Now why on earth would the Russians want an airfield in such a place?
Good morning friends and neighbors.
Former Congresswoman(Cynthia McKinney)Considers Run for President on Green Party
Let's go out of the hypno-caustic jail!
A "new order" is necessary and beeing prepared from some known and unkown peoples. But the only way to change the planned "slavery" is imho to develop ourselves some ideas and visions.
How could we turn the actual lobby-crathy and hegemony into global human partnership. This needs indeed some qualified research and investigagion at everybodys mind.
HOW to change the "MAP" without any ideas. The insiders themselves even dont use anything else than HER ideas too!
So let's use informfation not for paralysation but for impulsation end mind - enforcement.
Let's go out of the hypno-caustic jail!
This is an article from Canada's Maclean's magazine on the Alberta Tar Sands, their environmental impact on the province, and their meaning for Canada's future. Informative, interesting, and ultimately quite sad:
http://www.macleans.ca/article.jsp?content=20071008_110103_110103&source=srch&page=1
Ecuador Unveils Plans to Extend Control Over Oil Industry
http://www.rigzone.com/news/article.asp?a_id=51114
The quote of keynes
seems to be from "Consequences of the Peace (1919)" But the original Quote ist from LENIN! and Keynes agreed with him!
* Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth. Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become 'profiteers,' who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.
Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
* The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
By the way, I am a little bit estonished, that the most comments here seems to have really nothing to do with the quote. Is this normal in this blog?
Keynes, present at the peace-treatings of 1st World-War, previewed the deep impact what the reparations would have on the german currency and economic and could so in the same time warn for a second war!
The first and the second world wars seems indeed have been the result of multiple manipulations of some special circels in the old world, with good relations to US-bankers.
One reason of the raise of Hitler was the problem, that some US-kapitalists did never get her interest in reason of the hurring inflation in Germany.
"To change this" Hitler was financed by some US-bankers via the nederland Warburg dependency. But I think all this stuff is already known here...?
Idea: Support groups for Peak Oil “theorists” living in metropolitan areas. How to cope with the madness.
Gulf funds drift away from dollar
http://archive.gulfnews.com/articles/07/10/07/10158647.html
China’s net oil imports up 18 percent
http://www.khaleejtimes.com/DisplayArticleNew.asp?xfile=data/business/2007/October/business_October154.xml§ion=business&col=
When it’s metal, even scrap is precious
http://www.thenewstribune.com/business/story/173275.html
In today's newspaper the state trucking association has taken out a full-page ad imploring the public to understand why truckers have been forced to raise freight charges, noting that the price of diesel fuel has risen 60% over the last three years. The ad also notes that trucks transport 99% of everything.
I should add that although Japan is well-known for its trains, out here in the provinces there is a very high dependence on motor vehicles.
Yes it is true, that prices will increase, if the offer of a good decreases! This will force developers to employ less or substitute it against other substances.
This also will focus developers to other possible technologies.
But since some resources will anyway decrease, there should be a way to neutralize the rent of the owners on natural ressources!
And it is only in relation to the number of peoples that the consumption and prices are increasing. Also may be should there be any "profit"-relation too!?
But which one?
Ideas of NEUTRALIZATION:
Would it be possible to intelligent and pacific people to arrange things in a "economic matter"?
Quantity and prices of goods, especially natural resources are always in relation of the world population. If there is much, prices are low otherwise prices increase. - An old economic withness -
Rare natural resources put the owners in the position of a natural monopoly, able to decrease the output and increase the price what provides her an additional "Monopoly-Rent".
Question is now:
How to NEUTRALIZE basically such monopoly-rent and in the same time regularize the exploitation of the resource worldwide.
First could be made of a kind of commission like the "worldwide whaling-commission", who fixes the locations of exploitation to decrease transportation and the quantity of it. (the kind of constitution of it can be discussed later)
Second could be realized by renting exploitation may be for 33, 66 or even 100 years for every location.
The rent would be, in some market-relation, near by the costs of exploitation and could even, as rent, be increased if necessary.
The tricky is now, that THIS RENT must be distributed worldwide by "head". This has for result, that those who consume an averaged quantity of this resource will pay nothing for its rarity, those who don't need it will "make" money and those who consume above-average will pay more as they are getting it for.
The redistribution of this money may be also related to the treatment of human rights in a specific country.
What will be now happening in countries in development like China, India, Africa?
Imagine yourself!
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