Post Neo-Liberalism… what next?

9 02 2017

The articles coming out in what I consider mainstream media lately – the Conversation in this case – has me astounded……

While this piece is interesting, there is no mention whatever of Limits to Growth……

If Streeck is correct, then we need to anticipate what a post-capitalist world may look like. He thinks it will be terrible. He fears the emergence of a neocorporatist state and close crony-like collaboration between big capital, union leaders, government and the military as the consequence of the next major global financial crisis.

Jobs will disappear, Streeck believes. Capital will be intensely concentrated in very few hands. The privileged rich will retreat into security enclaves dripping with every luxury imaginable.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

It is unfashionable, or just embarrassing, to suggest the taken-for-granted late-modern economic order – neoliberal capitalism – may be in a terminal decline. At least that’s the case in what former Australian prime minister Tony Abbott likes to call the “Anglosphere”.

What was once known as the Chicago school of economics – the neoclassical celebration of the “free market” and “small government” – still closes the minds of economic policymakers in the US and its satellite economies (although perhaps less so in contemporary Canada).

But, in Europe, there has always been a deep distrust of the Anglo-American celebration of “possessive individualism” and its repudiation of community and society. Remember Margaret Thatcher’s contempt for the idea of “society”?

So, it is unsurprising that neoliberalism’s advocates dismiss recent European analyses of local, regional and global economies as the nostalgia of “old Europe”, even as neoliberalism’s failures stack up unrelentingly.

The consequences of these failures are largely unseen or avoided by policymakers in the US and their camp followers in the UK and Australia. They are in denial of the fact that not only has neoliberalism failed to meet its claimed goals, but it has worked devastatingly to undermine the very foundations of late-modern capitalism.

The result is that the whole shambolic structure is tottering on the edge of an economic abyss.

What the consequences might be

Two outstanding European scholars who are well aware of the consequences of the neoliberal catastrophe are French economist Thomas Piketty and German economist Wolfgang Streeck.

Piketty’s 2013 book, Capital in the Twenty-First Century, charts the dangers of socioeconomic inequality in capitalism’s history. He demonstrates how this inequality can be – and has been over time – fundamentally destructive of sustained economic growth.

Most compellingly, Piketty documented in meticulous detail how contemporary neoliberal policies have constructed the worst forms of socioeconomic inequalities in history. His analysis has been underlined by the recent Oxfam report that showed a mere eight multi-billionaires own the equivalent amount of capital of half of the global population.

Despite Piketty’s scrupulous scholarship, Western neoliberal economies continue merrily down the road to nowhere. The foundations of that road were laid by the egregiously ideological policies of Thatcher and Ronald Reagan – and slavishly followed by Australian politicians on all sides ever since.

Streeck’s equally detailed scholarship has demonstrated how destructive of capitalism itself neoliberal policymaking has been. His latest book, How Will Capitalism End?, demonstrates how this neoliberal capitalism triumphed over its opponents (especially communism) by devouring its critics and opponents, obviating all possible alternatives to its predatory ways.

If Streeck is correct, then we need to anticipate what a post-capitalist world may look like. He thinks it will be terrible. He fears the emergence of a neocorporatist state and close crony-like collaboration between big capital, union leaders, government and the military as the consequence of the next major global financial crisis.

Jobs will disappear, Streeck believes. Capital will be intensely concentrated in very few hands. The privileged rich will retreat into security enclaves dripping with every luxury imaginable.

Meanwhile, the masses will be cast adrift in a polluted and miserable world where life – as Hobbes put it – will be solitary, poor, nasty, brutish and short.

What comes next is up to us

The extraordinary thing is how little is known or understood of the work of thinkers like Piketty and Streeck in Australia today.

There have been very fine local scholars, precursors of the Europeans, who have warned about the hollow promises of “economic rationalism” in Australia.

But, like the Europeans, their wisdom has been sidelined, even as inequality has been deepening exponentially and its populist consequences have begun to poison our politics, tearing down the last shreds of our ramshackle democracy.

The time is ripe for some creative imagining of a new post-neoliberal world that will repair neoliberalism’s vast and catastrophic failures while laying the groundwork for an Australia that can play a leading role in the making of a cosmopolitan and co-operative world.

Three immediate steps can be taken to start on this great journey.

First, we need to see the revival of what American scholar Richard Falk called “globalisation from below”. This is the enlivening of international civil society to balance the power of the self-serving elites (multinational managers and their political and military puppets) now in power.

Second, we need to come up with new forms of democratic governance that reject the fiction that the current politics of representative government constitute the highest form of democracy. There is nothing about representative government that is democratic. All it amounts to is what Vilfredo Pareto described as “the circulation of elites” who have become remote from – and haughtily contemptuous of – the people they rule.

Third, we need to see states intervening comprehensively in the so-called “free market”. Apart from re-regulating economic activity, this means positioning public enterprises in strategic parts of the economy, to compete with the private sector, not on their terms but exclusively in the interests of all citizens.

As Piketty and Streeck are pointing out to us, the post-neoliberal era has started to self-destruct. Either a post-capitalist, grimly neo-fascist world awaits us, or one shaped by a new and highly creative version of communitarian democracy. It’s time for some great imagining.





The Fertile Ground of Bewilderment

9 07 2016

Excellent article by Charles Eisenstein….. originally published at his own site.
The Fertile Ground of Bewilderment 

The other day I was speaking to a small audience at a music festival and thought to allude to Brexit to make a point. Some in the circle looked a bit mystified, so I asked, “Everyone knows what Brexit is, right?” It turned out that quite a few of them did not.

“Congratulations!” I said. “You have ignored what the media has been offering to you as important. Maybe that is because you recognize that the whole thing was a diversionary spectacle.” Apathy about “the issues” is only a bad thing if those issues are what is actually important.

When I was growing up, a responsible citizen was one who read the newspapers, held positions on the political issues in currency, and fully participated in the dominant modes of civic and political life. Today (although it may have been true then too) the choices we are offered take the rules and premises of the game for granted, and it is these, about which we are never offered a choice, that are driving the fatal decline of our society.

Beneath the frenzy, many of us sense a vacuousness in the choice of Stay or Remain, the same one that sucks the meaning out of electoral politics as well. Democrat or Republican, Christian Democrat or Socialist, even Marxist parties like Syriza – when they take office they enact the same policies as before. Their differences, while not entirely inconsequential, are mostly minute compared to the range of what is possible. Moreover, public referendum votes against establishment policies are often ignored anyway, as was the case in Greece and as may well happen in Britain too.

So it is with Brexit – almost. Something is different this time. It is significant, although not for the reasons some people (though not my festival audience) think it is.

On the left, Brexit has been framed either as a blow against neoliberalism or a victory for xenophobic right-wing nationalism. Both framings are problematic: the first is over-optimistic, and the second is invidious.

On a practical level, Brexit needn’t be more than a minor hiccup on the onward march of neoliberal globalism. Even if Britain abides by the vote and does leave the EU, perhaps after much delay, the political and financial authorities will probably cobble together a plan that preserves the freedom of capital while continuing the erosion of wages, social services, and the public sphere. Perhaps they will ride the wave of right-wing populism to enact pro-business policies and further dismantle the social welfare system by associating it with the coddling of immigrants, turning the working class against itself. Alternatively or additionally, they can ride the counter-reaction to the vote, associating opposition to free trade policies with xenophobia and racism. They can also exploit the chaos resulting from Brexit as an object-lesson in the consequences of disobeying the elites. The vote will be called “irresponsible,” and responsibility will be associated with complying with the program of the technocrats and functionaries who administer the present system.

As for the xenophobic nationalism frame, to attribute Brexit to xenophobia is to disregard the deep economic and social stressors that fuel both anti-EU sentiment and resentment toward immigrants. If you buy into that narrative, you have to believe that Britain is home to 17 million bigots, ignoramuses, and nutjobs who foolishly sabotage their own economic wellbeing for the sake of exercising their bigoted opinions. (The same, of course, applies to the X million Trump supporters, about whom the same narrative is applied.) Please take note of the tone of this narrative: patronizing and contemptuous, embodying the same rage, dehumanization, and hatred that it attributes to its enemies.

There are in fact very sound reasons to be hostile to the EU, transnational economic and political institutions, and the authorities who ordain them in the name of progress for civilization. True, the average “Leave” voter is not consciously aware of these critiques; nonetheless the critiques identify a wellspring of discontent that, while perhaps channeled through xenophobic narratives, cannot be reduced to them. How much more convenient it is to the system’s guardians, to dismiss any rejection of their plans as xenophobia and bigotry. It’s the responsible, educated people versus the yahoos.

The European Union was from the outset a deliberate instrument of globalization, deregulated markets, and transnational financial capital. It is a profoundly undemocratic institution that has accelerated trends toward centralization of power and homogenization of culture. It has been an enthusiastic partner with NATO and with US militarism in the Middle East (which, ironically enough, has generated the tsunami of immigrants that has intensified anti-EU sentiment). It has also, especially in the Eurozone, promoted austerity policies that have impoverished whole countries in order to keep debt payments flowing to international bondholders. While the EU cannot be directly blamed for Britain’s own tilt toward austerity and neoliberal economics, which dates back to the Thatcher years, both participate in the same global trend driven by the financial system. The result is familiar to everyone: rising inequality, a frayed social net, and weakening community ties as economies have become delocalized. Britain is no stranger to these trends, afflicted as it is by rising income inequality, youth unemployment, and housing costs, falling wages, falling life expectancies, and one of the highest misery indexes in the developed world.

In other words, the middle-aged white Brexit or Trump supporter has legitimate grievances that cannot be dismissed as white entitlement just because things are even worse for people of color. If they feel betrayed by the system, it is because they have been. Look around at the world. We can do much better than this. Everybody knows it. We don’t agree on what to do, but more and more of us have lost faith in the system and its stewards. When right-wing populists blame our problems on dark-skinned people or immigrants, the response they arouse draws its power from real and justifiable dissatisfaction. Racism is its symptom, not its cause.

The Brexit vote was an expression of anti-elitism, pure and simple. Leaders of the mainstream parties, business leaders, entertainment figures, J.K. Rowling, President Obama, rock stars and literati… everyone urged the public to vote Remain, to uphold the status quo. Does defiance of authority mean the defiant need to be reprimanded and put in their place, or does it mean that authority has abused its position?

The Brexit vote was supposed to be one of those inconsequential exercises that legitimize the system by lending it the appearance of real democracy. Something went wrong though – the public voted no when they were supposed to vote yes. While not quite as unexpected as a victory for Donald Trump would be, it still came as a shock to the elites, not because the damage to neoliberalism can’t be easily fixed on a technical level, but because it shows the fragility of their legitimacy. As such, it evokes a panic far beyond what technical considerations would justify.

It is not only the legitimacy of the elites that is fragile, nor just Britain’s economy; it is also the entire financial system: an overleveraged agglomeration of bubbles that will all pop when one pops. Maybe the Brexit vote induces panic because it reminds the financial markets and their administrators that they cannot hold it together much longer. They can’t even buy public allegiance in one of the world’s richest countries. Who knows, perhaps Brexit will start the bubbles popping.

The Brexit vote marks a rare moment of discontinuity, when the usual normalizing narratives falter and a society experiences a fertile and frightening moment of bewilderment. Brexit, though, is a mere foreshadowing of the vertigo that will ensue with the next economic crisis, which will dwarf that of 2008.

To prepare for it, we have to operate on a level much deeper than current politics offers. It is the tacitly assumed narratives lurking beneath conventional political discourse that need our attention. By this I do not mean merely addressing the neoliberal and imperial motives cloaked in the pro-EU language of internationalism, tolerance, and cosmopolitanism.

To illustrate, let me return to the observation I made above: that the blaming of the Leave vote (and Trump, and all the xenophobic know-nothing parties) on ignorance and unenlightened attitudes is “patronizing and contemptuous, embodying the same rage, dehumanization, and hatred that it attributes to its enemies.” Next time you read the news, especially articles enjoining us to take a conventional political position, pay attention for the subtext of “Here is whom you should hate.” The right-wing populists incite hatred and anger at the blacks, the immigrants, the Muslims, the gays, the transgender, the “libtards,” etc. The mainstream liberals stir up outrage against the bigots, the nationalists, the contemptible narrow-minded over-entitled “crazy” (a common adjective) climate-change-denying Bible-thumpers. Further left, the critics of neoliberal imperialism follow the same formula by invoking images of heartless corporate executives, greedy bankers, cowardly political elites, and drone-like bureaucrats and technocrats who should surely know better.

Herein lies a near-universal political formula: identify the enemy, arouse anger and hatred against that enemy, and then defeat the enemy. It is based on this analysis: Cause: bad people. Solution: defeat the bad people. Problem solved. The media, whether news or entertainment, has immersed us in that outlook, which informs everything from action films to the War on Terror. But I am afraid we cannot blame the media either, because it is part of a mindset that is integral to modernity and has roots going back to the first mass societies. It is fundamentally the mindset of war, in which progress consists in defeating the enemy: weeds or locusts, barbarians or communists; germs or cholesterol; gun nuts or traitors. And that mindset rests on a foundation more basic still: the Story of Separation that holds us as discrete, separate individuals in a world of other, in opposition to random forces and arbitrary events of nature, and in competition with the rest of life. Well-being comes, in this story, through domination and control: glyphosate, antibiotics, GMOs, SSRIs, surveillance systems, border fences, kill lists, prisons, curfews…

It is from this story too that neoliberal capitalism sources its power. It depends on the idealization of competition, encoded in “free markets,” as a law of nature and primary driver of progress; on the sanctity of private property (which is a primal form of domination) and, most of all, on exercising control over others through the creation and enforcement of debt. It finds a natural home within the Story of Separation; it is, perhaps, Separation’s culminating expression, threatening as it does the ecological basis of human existence. We cannot change it without letting go of that story in all its dimensions. Part of that is to let go of war mentality in politics, and replace it with compassion.

This doesn’t mean sitting in a room thinking nice thoughts about race-baiters and vulture fund managers, retreating from political engagement into a safe realm of inner work. It is to enact politics from a different place. Our political reflexes are conditioned by a story that is deeper than politics. If we want to produce something other than endless variations of the same result, we have to transcend the customary terms of discourse and examine the false truisms that become transparent only when things fall apart. I am not sure what strategies, tactics, and narratives will come from a compassion-oriented worldview, from a story that holds us as interdependent, interconnected, even inter-existent with all. Various forms of nonviolent direct action, narrative change, and solidarity movements foretell what they might look like, but I think future politics is largely unknowable at the present time when most of us are still deeply conditioned by the Story of Separation. Whatever it is, it will spring from a basic inquiry – the essence of compassion – that must be sincere: “What is it like to be you?”

The bewildering glitch in the matrix that is Brexit has prompted many in Britain to ask, perhaps with some anguish, “Who are we?” It is time to ask that in earnest, which requires stepping outside the usual polarizing discourses in which both sides play the game of find-the-enemy. To my English friends, I would ask, “What kind of England do you want?” Is it one where the forces of racism are suppressed and politically defeated? Or is it one in which the source of racism has been healed? If we want the latter, we have to recognize the conditions that cause it. What is it like to be a racist?

Ordinarily in politics, everyone pretends that they know what to do. Politicians pretend that to voters, who then inhabit and perpetuate that pretense by voting. When do you ever hear a politician, when asked about an issue, say, “I have no idea what to do about it”? Well, I don’t have any idea what to do about Brexit either, but if I have any advice to Brits (and this will apply to all of us even more when the next normal-destroying crisis hits) it would be not to rush too quickly to a position. Instead, abide for a while in a state of openness and curiosity, pursuing the question, “What is it like to be you?” The kind of socioeconomic analysis (neoliberalism etc.) I offered above might help answer that question in a general, theoretical way, but it is no substitute for actually listening to one another’s stories, temporarily free of the pressure of having to find a solution. If the Prime Minister asked my opinion (I’m still waiting for the phone call), I’d say to declare a national month of listening, in which the immigrants, the angry rural pensioners, the bureaucrats, the financial industry workers, listen to each other in small forums, and in which media publications print unslanted stories of the people they have demonized. The goal of that month would not be to figure out what to do. It would be to understand each other better. The goal of the storytelling would not be to make a point. It would be to be heard and to be known. To hear another’s story is to expand oneself. It is an act of intimacy, of connection, and it subverts the ideology that holds us separate. When we take in new stories, we change and grow.

Of course it is unrealistic to expect people to drop their hidden agendas and listen with open ears. Normally our ears are shut, because we think we know. That is why Brexit and the bigger breakdowns it foreshadows are so potent. It shows us that maybe we don’t know, after all. That moment of stumbling, of humility, is precious. It may be that the Brexit vote isn’t a big enough shock to interrupt the onrush of normative political discourse that seeks to make sense of things in familiar terms. Rest assured: bigger shocks are coming.

 

Image Credit: Flickr, Creative Commons. Copyright CMYK.





Harquebus’ latest newsletter….

30 06 2016

Howdy all.

The state and quality of main stream journalism (MSJ), including that at our own ABC and despite what they might think of themselves, has deteriorated to the point of being totally useless. Instead of news, we get stories about cats in schools, fanfares about stupid celebrities making stupid remarks and any other triviality that might distract their audiences from the real world and the little that does resemble credible news, is either government propaganda, incomplete, misleading or a combination of all three. The credibility of MSJ is now non existent.

The collapse of Venezuela, shattered climate records, the release of Arctic methane and CO2, unsustainable global debt, Bilderberg meetings and the sixth mass extinction event currently under way are never mentioned. Our environment continues to be destroyed, the oceans polluted and fished to exhaustion, finite resources are wasted on corporate profits while poverty and overcrowding due to unsustainable population growth continue unabated and the fault lies squarely with MSJ which, has failed to hold those responsible to account.
Tony Jones, Australia’s most popular TV journalist, is the worst of the lot. For decades he has reveled in his popularity while all that sustains us is destroyed in the pursuit of growth and profit. He and his MSJ peers must change or we can kiss our sorry little behinds goodbye and if they think that they and theirs are somehow going to be exempt from the bloody mess that will inevitably befall us then, they are even more stupid than the ignorant fools who govern us.
Aussie journalists are only slightly more trustworthy than the corporate bought and paid for politicians that they serve. How proud they must be.

https://au.finance.yahoo.com/news/top-10-most-untrustworthy-aussie-professions-050959497.html

“Sometimes I wonder whether the world is being run by smart people who are putting us on, or by imbeciles who really mean it.” — Mark Twain Here is my usual list of links which, also proves my point.

Cheers.

———————————

“As the economy unwinds, doctors are now stealing hospital food to feed their families.”
http://www.naturalnews.com/054383_Venezuela_starvation_food_shortage.html
“”We want food!” Looting and riots rock Venezuela daily”
http://www.reuters.com/article/us-venezuela-looting-idUSKCN0YY0IR
“With delivery trucks under constant attack, the nation’s food is now transported under armed guard. Soldiers stand watch over bakeries. The police fire rubber bullets at desperate mobs storming grocery stores, pharmacies and butcher shops. A 4-year-old girl was shot to death as street gangs fought over food.”
http://www.nytimes.com/2016/06/20/world/americas/venezuelans-ransack-stores-as-hunger-stalks-crumbling-nation.html

“Half of the world has passed the point of maximum energy consumption. This point is marked by large scale economic crisis. Asia Pacific is approaching that point now.”

http://wakeup.stubbornbull.com.au/the-environment/industrial-issues/have-we-reached-peak-oil/

Trans-Pacific Partnership will barely benefit Australia, says World Bank report”
The average Australian worker will not benefit in any way shape or form from this agreement.”
http://wakeup.stubbornbull.com.au/society/financial-system/trans-pacific-partnership-ttp-what-is-it/

“The EPA states that methane is a greenhouse gas that could have 25 times the impact of carbon dioxide over the next century.”
http://www.businessinsider.com/russian-exploding-permafrost-methane-craters-global-warming-2016-6

“The melting of the permafrost represents one of humanity’s greatest fears for it contains vast amounts of methane, a greenhouse gas much more potent than carbon dioxide.”
http://www.independent.co.uk/environment/gateway-to-the-underworld-siberia-batagaika-siberia-russia-permafrost-melting-a7063936.html
“we are now experiencing the highest level of relative and absolute global inequality at any point in human history.”
“the 21st Century will be a new dark age of luxury for a few and barbaric suffering for most. ”
http://www.greanvillepost.com/2016/06/07/planetary-crisis-we-are-not-all-in-this-together/
“the UN warns bluntly that world population, now well over seven billion ‘has reached a stage where the amount of resources needed to sustain it exceeds what is available
http://churchandstate.org.uk/2016/06/there-are-not-enough-resources-to-support-the-worlds-population/
“Mexico’s wells are running dry.
You would almost not know if you took your news from television or the mainstream media. It is like a closely guarded secret — the aunt in the attic.”
http://peaksurfer.blogspot.com.au/2016/06/the-aunt-in-attic.html

“We have forgotten the lessons of the 1760s, 1850s, and 1920s. We have let Economic Royalists hijack our democracy, and turn our economy into their money machine. Now the middle class is evaporating, infrastructure is crumbling, and pressure is reaching a breaking point. Anti-establishment candidates are on the rise, and no one knows how things will turn out.”
http://evonomics.com/trump-phenomenon-is-a-sign-of-oligarchy/

“Australian scientists report that many surviving corals affected by mass bleaching from high sea temperatures on the northern Great Barrier Reef are the sickest they have ever seen.
http://www.eurekalert.org/pub_releases/2016-06/acoe-hsc062016.php

“In 2009, Obama promised to help “rid the world of nuclear weapons” and was awarded the Nobel Peace Prize. No American president has built more nuclear warheads than Obama.”
https://newmatilda.com/2016/05/30/silencing-america-as-it-prepares-for-war-john-pilger/

“Thus, if tomorrow a war were to break out between the US and Russia, it is guaranteed that the US would be obliterated.”
“If attacked, Russia will not back down; she will retaliate, and she will utterly annihilate the United States.”
http://www.paulcraigroberts.org/2016/06/03/41522/

“Whether we believe that innovation and technology ultimately make the world better or worse, there is now overwhelming evidence that they are unsustainable in any case. Between economic over-extension, energy over-dependence, and the ruination of our atmosphere and other environments by our civilization and its technologies, it is now almost inevitable that we will soon see a collapse that will make the Great Depression, and perhaps even the five previous great extinctions of life on Earth, look like nothing.
“Modern technology requires cheap energy, and, notwithstanding the recent power games between the US and Russia temporarily and artificially driving down oil prices, we are quickly running out of it.”
http://howtosavetheworld.ca/2016/06/06/technologys-false-hope-and-the-wisdom-of-crows-repost/
“the evidence supports their theory that his death was in no possible way a suicide, as has been reported by police and the mainstream media.”
http://www.naturalnews.com/054302_Jeff_Bradstreet_murder_autism.html

“Having successfully used the EU to conquer the Greek people by turning the Greek “leftwing” government into a pawn of Germany’s banks, Germany now finds the IMF in the way of its plan to loot Greece into oblivion .”
http://www.paulcraigroberts.org/2016/05/25/we-have-entered-the-looting-stage-of-capitalism-paul-craig-roberts/

“All references to climate change’s impact on World Heritage sites in Australia have been removed from a United Nations report.”
“Australia’s Department of the Environment requested that Unesco scrub these sections from the final version.”
http://www.bbc.com/news/world-australia-36376226

Peak oil mates, peak oil. Those that deny it do not understand it.
“when oil companies (and governments) talk about oil supply, they include all sorts of things that cannot be sold as oil on the world market including biofuels, refinery gains and natural gas plant liquids as well as lease condensate.”
“If what you’re selling cannot be sold on the world market as crude oil, then it’s not crude oil.”
http://oilprice.com/Energy/Energy-General/The-Condensate-Con-How-Real-Is-The-Oil-Glut.html

“You’d think this would be pretty big news.  The Prime Minister of one of the biggest economies in the world just made a presentation saying we are on the brink of collapse not only in Japan but worldwide and it was mostly swept under the rug.
“The same globalist elites who are orchestrating the coming collapse own all the major media companies.  They don’t want Joe the Plumber and main street to get an inkling that something is wrong until it is too late… just like in 2008.”
https://www.dollarvigilante.com/blog/2016/06/01/now-japanese-prime-minister-abe-predicts-global-economic-catastrophe-imminent.html

“Neoliberalism hasn’t delivered economic growth – it has only made a few people a lot better off.”
http://www.theguardian.com/commentisfree/2016/may/31/witnessing-death-neoliberalism-imf-economists
“Ocean plastic has turned up literally everywhere. It has been found in the deep sea and buried in Arctic ice. It has been ingested with dire consequences by some 700 species of marine wildlife.”
http://news.nationalgeographic.com/news/2015/02/150212-ocean-debris-plastic-garbage-patches-science/
“inflate another bubble. In other words, do more of what failed spectacularly.
This process of doing more of what failed spectacularly appears sustainable for a time, but this superficial success masks the underlying dynamic of diminishing returns:”
http://www.oftwominds.com/blogjune16/collapse6-16.html
“If our leaders had made better decisions since the last crisis, things could have turned out differently.  But instead, they continued to conduct business as usual, and now we will reap what they have sown.”
http://theeconomiccollapseblog.com/archives/worst-jobs-report-in-nearly-6-years-102-million-working-age-americans-do-not-have-jobs

“The high-profit, low-risk nature of environmental crime is matched by the low funds and uncertain priorities given to fighting it by many decision-takers.”
http://www.theguardian.com/environment/2016/jun/03/value-eco-crimes-soars-26-with-devastating-impacts-natural-world

“That $1.3 trillion bubble was enough to bring down several major banks and cause cascading damage across the global financial system.
Today’s bubble is EIGHT TIMES the size of the last one”
https://www.sovereignman.com/trends/this-financial-bubble-is-8-times-bigger-than-the-2008-subprime-crisis-19590/

“The Arctic is on track to be free of sea ice this year or next for the first time in more than 100,000 years”
“Scientists have monitored greenhouse gas methane – once frozen on the sea bed – bubbling up to the surface at an alarming rate.”
“We’re on a runaway train, scientists are blowing the whistle, but politicians are still shovelling coal into the engine.”
http://www.independent.co.uk/environment/climate-change/arctic-could-become-ice-free-for-first-time-in-more-than-100000-years-claims-leading-scientist-a7065781.html

“A husband should be allowed to lightly beat his wife if she defies his commands and refuses to dress up as per his desires; turns down demand of intercourse without any religious excuse or does not take bath after intercourse or menstrual periods.”
http://www.shtfplan.com/headline-news/husbands-can-beat-their-wives-if-they-refuse-sex-according-to-islamic-council-of-clerics-and-scholars_06042016

“That has left economists and fund managers worried the unconventional measures are setting the stage for exactly what central banks are trying to prevent—another financial crisis.”
http://www.marketwatch.com/story/fund-managers-fear-central-banks-will-create-next-lehman-moment-2016-06-08

“Australia has amassed a huge pile of debt—over 120% of GDP—and most of it is mortgage debt on overvalued real estate. Now that Australia’s economy, which was driven by commodity exports to China, has tanked, a lot of this debt is being turned into interest-only loans, because Australians no longer have the money to repay any of the principal.”
“as conditions deteriorate further, the Australians will become unable to afford taxes and utilities.”
http://cluborlov.blogspot.com.au/2016/06/the-money-cult.html

“the internet has fallen into the hands of large corporations and governments and become the “world’s largest surveillance network”.”
http://www.theinquirer.net/inquirer/news/2460894/sir-tim-berners-lee-internet-has-become-world-s-largest-surveillance-network

“if you care to avoid vaporization and, assuming we do avoid it, live a life other than serfdom, you must wake up and realize that your most deadly enemy is Washington, not the hoax of “Russian aggression,” not the hoax of “Muslim terrorism,” not the hoax of “domestic extremism,” not the hoax of welfare bankrupting America, not the hoax of democracy voting away your wealth, which Wall Street and the corporations have already stolen and stuck in their pockets.”
http://www.paulcraigroberts.org/2016/06/09/where-do-matters-stand-paul-craig-roberts/

“We are heading into a very dark time…a time where technology will be used to enslave, not enlighten or uplift mankind.”
http://www.shtfplan.com/headline-news/economic-collapse-will-serve-one-purpose-global-governance-and-the-enslavement-of-mankind_06112016

“Its fast-growing stalk yields one of the strongest and most useful fibers known, used in superior paper, canvas, ropes, insulation, cardboard, clothing, shoes and plastic — plastic that is, by the way, biodegradable. This one plant can provide many of the products an industrial society needs, sustainably, while drastically reducing pollution, energy consumption, deforestation, fossil fuel use and providing income for millions of farmers”
“Both hemp and marijuana are cannabis plants. Hemp is cannabis sativa and marijuana is cannabis indica. So when regulators wanted to prevent people from getting high on cannabis indica, they criminalized cannabis, which included cannabis sativa, which made it illegal to use one of the most useful and sustainable crops the world has ever known.”
http://www.dailyimpact.net/2016/06/07/the-war-on-hemp/

“There is no such thing as sustainable agriculture. It does not exist.”
http://dark-mountain.net/blog/how-did-things-get-to-be-this-way/

“The economic reality, evident to anyone who isn’t a spin doctor for the Coalition or a journalist for The Australian, is that we have a weak economy, unable to finance our expected living standards.”
https://newmatilda.com/2016/06/06/australias-open-for-business-and-yet-incomes-are-down-and-were-basically-in-recession/

“The last station on Earth without a 400 parts per million (ppm) [CO2] reading has reached it.”
“That’s the first time it’s passed that level in 4 million years (no, that’s not a typo).”
“the planet as a whole has likely crossed the 400 ppm threshold permanently”
http://www.climatecentral.org/news/antarctica-co2-400-ppm-million-years-20451

“Seven climate records set so far in 2016”
https://www.theguardian.com/environment/2016/jun/17/seven-climate-records-set-so-far-in-2016

“What will corporations blame when they can’t use “tighter money supplies” as an excuse?”
http://imgur.com/bbwlZZF

———————————

Harry aka Harquebus
Salisbury North.
South Australia.
harrycebex@hotmail.com




Damn the Brexit……..

27 06 2016

The consternation caused by the so called Brexit is truly astonishing. I’ve been watching the debate over whether Britain should stay or leave with disdain really, the entire show is going down the plug hole one way or another regardless. Though now it appears that Brexit may speed the process up. The Matrix has displayed amazing amounts of financial resilience with its never ending machinations, so who knows, they may still invent a way to avoid the plug hole for a few more months.

The more interesting aspect of this is how absolutely nobody in the mainstream media ‘gets it’. Much of the alternative media does though… Raul Ilargi from the Automatic Earth writes “Cameron, Osborne, Corbyn, they have all failed to connect with their people. This is not some recent development. Nor is it a British phenomenon, support for traditional parties is crumbling away everywhere in the western world.”

While the MSM concentrates on racism as a central reason for Brexit, exploding world population and overshoot don’t get a look in. Personally, I think that deep down, people everywhere are finally starting to feel that ‘something’s wrong’, and that certainly ‘the system is no longer working’, and that quite likely it’s our masters’ fault.  And not too soon either…..

John Pilger writes:

The majority vote by Britons to leave the European Union was an act of raw democracy. Millions of ordinary people refused to be bullied, intimidated and dismissed with open contempt by their presumed betters in the major parties, the leaders of the business and banking oligarchy and the media.

This was, in great part, a vote by those angered and demoralised by the sheer arrogance of the apologists for the “remain” campaign and the dismemberment of a socially just civil life in Britain. The last bastion of the historic reforms of 1945, the National Health Service, has been so subverted by Tory and Labour-supported privateers it is fighting for its life.

I do of course wonder if Pilger himself understands that as we enter the world of Limits to Growth, it becomes inevitable that the resources needed to feed the growth monster that supports the NHS in the UK (and Medicare here) are running out, and that the inevitable ‘end of abundance’ horizon is fast approaching. Nor that there are no solutions to fixing this problem, we will  sooner or later be on our own, and anyone not prepared for this is in for a very rude shock… which is of course most people.

Here in Australia, with less than one week to go before we elect our next ‘government’, the ruling party appears quite worried about minor parties and independents winning seats, starting a scare campaign reasoning that such voting would cause chaos without them in power….. as if chaos wasn’t already here! I voted in Tasmania before coming up to Queensland, and put the majors last in the house of reps, and put no numbers at all next to their candidates at all on the Senate ballot paper….. and boy did it feel good.  I wonder how many people will wake up to the fact that by numbering twelve boxes below the line they can actually get rid of the Laborals and retake power of their country, even if at this stage they still don’t know how to regain control over their destiny.

Pilger then further writes:

Immigration was exploited in the campaign with consummate cynicism, not only by populist politicians from the lunar right, but by Labour politicians drawing on their own venerable tradition of promoting and nurturing racism, a symptom of corruption not at the bottom but at the top. The reason millions of refugees have fled the Middle East – first Iraq, now Syria – are the invasions and imperial mayhem of Britain, the United States, France, the European Union and NATO. Before that, there was the willful destruction of Yugoslavia. Before that, there was the theft of Palestine and the imposition of Israel.

The pith helmets may have long gone, but the blood has never dried. A nineteenth century contempt for countries and peoples, depending on their degree of colonial usefulness, remains a centrepiece of modern “globalisation”, with its perverse socialism for the rich and capitalism for the poor: its freedom for capital and denial of freedom to labour; its perfidious politicians and politicised civil servants.

He is absolutely correct of course, but still no mention of Limits to Growth, how climate change and peak oil totally stuffed Syria, and will soon cause Egypt to join the melée.

Raul gets it – as you’d expect:

The overwhelming underlying principle that we see at work here is that centralization is dead, because the economy has perished. Or at least the growth of the economy has, which is the same in a system that relies on perpetual growth to ‘function’.

But that is something we can be sure no politician or bureaucrat or economist is willing to acknowledge. They’re all going to continue to claim that their specific theories and plans are capable of regenerating the growth the system depends on. Only to see them fail.

It’s high time for something completely different, because we’re in a dead end street. If the Brexit vote shows us one thing, it’s that. But that is not what people -wish to- see.

Unfortunately, the kinds of wholesale changes needed now hardly ever take place in a peaceful manner. I guess that’s my main preoccupation right now.

Has the revolution begun in Britain? Now that would be ironic, beating the French to it…. of course the UK government could easily ignore the result, as the Greeks did, but then again, as Raul said, that would end in tears and possibly blood. Does the future offer us any other outcomes than blood and tears?

Pass the Hopium……..

brexit

Brexit….  a still life!





Tactical Senate voting

22 06 2016

I don’t usually do this, especially as we are so fast running out of time to turn this sinking ship around, voting at elections is quickly becoming a farce…. however, having said that, and seeing as voting in Australia is compulsory, here is a little bit of information on how to vote in the most worthwhile way for our Senate that I discovered just yesterday.

As you hopefully know, the government has changed the way we may vote on our complicated Senate ballot paper, with the unambiguous ambition of getting rid of the small parties.  In my opinion, it’s the big parties we should get rid of, and here’s how we could do it, though I’m not holding my breath.Sample new senate ballot, showing voter-allocated above-the-line preferences

You can read the whole explanation here if you’re into maths (like me!) or just follow the strategic bit below……. and share as widely as possible, we need as many people as we can muster to do this and stick it to the laborals…!

Tactics

What you should try to do is get your vote to the latter part of the count, where it may have significantly higher value because of the counting system deficiency. But you don’t want your vote to get there via excess transfer from an elected candidate, because that will have diminished its final value.

How? I suggest the following:

  1. Vote below-the-line. Above-the-line voting has lost all utility except for the lazy, now that you only have to correctly number six candidates with the sequence 1,2,3,4,5,6 for a below-the-line vote to be valid.
     
  2. Make a list of candidates whom you favour but don’t think will be elected. Vote for those first, in order from the least likely to the most likely to be elected, but respecting any candidate preference you may have.
     
  3. By way of insurance, and to increase the likelihood of a preferred candidate getting a six year term, make a second list of candidates you favour who are likely to be elected. After voting your first list, append your second list in order from the least likely to be elected to the most likely, again respecting any candidate preferences you may have.
     
  4. If you haven’t yet numbered at least six candidates, continue numbering candidates you favour until you have. Your vote will be informal if you do not number at least six candidates in the sequence 1,2,3,4,5,6. Continue numbering candidates you favour as you see fit, preferably up to at least 12 in accordance with the ballot instructions, but avoid mistakes². There are arguments for then proceeding to number candidates you don’t favour on a ‘least worst’ basis, but avoid numbering any candidate you viscerally despise; your vote cannot count towards their election if you don’t number them (‘putting them last’ achieves nothing).
     

Why? Voting for candidates you favour in reverse order of their likelihood of election gives your vote its best chance of making it to late in the count, where it will have most value, while respecting your core candidate preferences. But don’t forget the 6 year term effect.

Personally I’ll be voting in the state of Queensland and favouring Greens’ candidates … but, tactically, I won’t be giving The Greens’ Larissa Waters an early preference on my ballot. That’s because she’s certain to be elected and doesn’t need my vote. She will get a later preference from me by way of insurance and to increase her likelihood of getting a six year term. Instead I’ll have Andrew Bartlett (probable second on The Greens’ senate list) high in my preference list, because his chances of election are fairly small and I can vote tactically to increase them.

By the way, while I’m often a Labor supporter, I won’t be numbering any Labor senate candidates on my ballot because I strongly disagree with that party’s pro-coal policies, especially their support for new steaming coal mines.





Code of Silence

7 05 2015

George-Monbiot-LEvery now and again, when he’s not spruiking nuclear power, I get the strong impression George Monbiot ‘gets it’.  I definitely get this impression in this, his latest effort which I hope no one will mind my republishing in full, because it’s such a wonderful read.  It’s of course all about the looming UK election, but what he says here applies everywhere, not least Australia.  Enjoy anyway…….

Almost all the issues worth debating are left unmentioned in this election.

By George Monbiot, published in the Guardian 6th May 2015

Political coverage is never more trivial or evanescent than during an election. Where we might hope for enlightenment about the issues on which we will vote, we find gossip about the habits and style of political leaders, an obsession with statistically meaningless shifts in opinion polls and empty speculation about outcomes. (All this is now compounded by the birth of a royal baby, which means that our heads must simultaneously be dunked in a vat of sycophantic slobber). Anyone would think that the media didn’t want us to understand the choices confronting us.

While analysis of the issues dividing the political parties is often weak, coverage of those they have collectively overlooked is almost non-existent. The Conservatives, Labour, the Liberal Democrats and even the SNP might claim to be at each other’s throats, but they have often reached consensus about which issues are worthy of debate. This article will list a few of the omissions.

The first is so obvious that it should feature in every political discussion: the corrupt and broken system under which we will vote. The argument I’ve heard several Labour activists use – “vote for us because it’s the best we can hope for under first-past-the-post” – would carry more weight if Labour had any plans to change the system.

Where are the furious arguments about the UK’s unreformed political funding, that allows billionaires and corporations to buy the politics they want? Where is the debate about the use and abuse of royal prerogative by successive prime ministers? Where is there even a mention of the democratic black hole at the heart of Britain, into which hopes for financial and fiscal reform are sucked: the Corporation of the City of London, whose illegitimate powers pre-date the Magna Carta?

Here’s a fact with which politicians should be assailed every day: the poor in this country pay more tax than the rich. If you didn’t know this – and most people don’t* – it’s because you’ve been trained not to know it through relentless efforts by the corporate media. It distracts us by fixating on income tax, one of the few sources of revenue that’s unequivocally progressive. But this accounts for just 27% of total taxation. Overall, the richest tenth pay 35% of their income in tax, while the poorest tenth pay 43%, largely because of the regressive nature of VAT and council tax. The Equality Trust found that 96% of respondents to its survey would like a more progressive system. But where is the major party mobilising this desire, or even explaining the current injustice?

A comprehensive failure to tax land and property is a policy shared by the three major English parties, mansion tax notwithstanding. None of them seems to mind that this failure helps to replace the entrepreneurial society they claim to support with an economy based on rent and patrimonial capital. None of them seems to mind that their elaborate fiscal ringfencing of land and buildings clashes with their professed belief that capital should be used productively.

Nor will any of them mount an effective challenge to kleptoremuneration: executives siphoning off wealth they had no role in creating. None seek to modify a limited liability regime so generous that it allowed the multi-millionaire authors of the financial crisis, such as Fred Goodwin and Matt Ridley, to walk away from the pain they helped to inflict without forfeiting a penny.

Even these issues are trivial by comparison to the unacknowledged cloud that hangs over our politics: the impossibility of infinite growth on a finite planet. All major parties and media outlets are committed to never-ending economic growth, and use GDP as the primary measure of human progress. Even to question this is to place yourself outside the frame of rational political debate.

To service this impossible dream, we must work relentlessly, often in jobs that deliver no social utility and cause great harm. Who in politics is brave enough to propose that we work less and enjoy life more? Who will challenge working conditions characterised by ridiculous quotas and impossible demands, or reform a social security regime more draconian and intrusive than day release from prison? Who is prepared to wonder aloud what all this striving and punishment is for?

And how about some acknowledgement of the epidemic of loneliness, or the shocking rise in conditions such as self-harm, eating disorders, depression, performance anxiety and social phobia? Evidently, these are not fit and proper subjects for political discourse, which creates the impression that those who suffer them are not fit and proper electors.

How about some arguments over the loss of public space? Or a debate about what’s happening to children, confined as never before within four walls, both at school and at home? How about some recognition of the radical changes in transport demand, that are likely, in the age of peak car and peak plane, to render redundant the new roads and airports to which all the large parties are committed? Forget it.

The national and global collapse of biodiversity, the horrifying rate of soil loss, the conflict between aspirations to minimise climate change and maximise the production of fossil fuels: none of these are put before voters as issues of significant difference. All major parties tacitly agree to carry on as before.

Politicians will not break these silences voluntarily. They are enforced by a narrow and retentive public discourse, dominated by the corporate media and the BBC, that ignores or stifles new ideas, grovels to the elite and ostracises the excluded, keeping this nation in a state of arrested development.

After this election, we need to think again; to find new means of pushing neglected issues onto the political agenda. We might try to discover why the social media have so far mostly failed to fulfil their democratising promise. We might seek new ways of building political communities, using models as diverse as Podemos and evangelical Christianity. We might experiment with some of the Latin American techniques that have helped to transform politics from the bottom up. However we do it, we should never again permit democracy to be reduced to so narrow a choice.

http://www.monbiot.com

* 68% of respondents to the Equality Trust’s Survey believed that households in the highest 10% income group pay more of their income in tax than households in the lowest 10% income group.





Dmitry Orlov: Russia’s Patience Is Wearing Thin

30 11 2014

Great podcast from Chris Martenson who interviews Dmitry Orlov……