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 15 Nov 2008 @ 08:03
Let me share to you at this moment some notes regarding the ‘globalization’ experiment and the flawed policies that sustained it. There has been much ballyhoo about the global economy’s integration, over the last three (3) decades, as having been carved out supposedly by the Anglo-Saxon policy architects, using Thatcher & Reagan as the face for the ‘neo-liberal’ policy regime they installed.
Little do peoples across the globe, including experts who are so mired in their own parochial perspectives, know that the liberalization of country economies has a great deal to do with the Zaibatsu offensive. The West should better accept the facts: that their technocrats and policy shapers have run out of fresh ideas since the 1970s onwards (i.e. mentally bankrupt), a gap that they filled up by looking up to Japan and the NICs (newly industrializing countries) for copycat purposes.
Reaganomics, as neo-liberal policies of ‘privatization’ was dubbed (Thatcher of the UK preceded Reagan by a year), is as voodoo as one can get, seductive as any enchanting mantra-resonating principle can be, and was indeed potent in erasing the vestiges of the Regulated Economics doctrines that preceded the era...
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4 Oct 2008 @ 10:53
It’s been some couples of weeks now since the financial downspin in the USA took a further plunge as mega-banks sought help from federal government for rescue. The closure of the Lehman Brothers and the S.O.S. by other big banks that are now in the red rocked the global stock markets to a new round of instabilities and volatilities, even as the US economy is in danger of another Great Depression.
As I’ve already expressed in many articles of mine, the US financial collapse, an event that economists in many parts of the world forecast as early as the 1990s yet, is bound to happen, on account of many factors. The key factor, as this analyst and fellow ‘nationalist economists’ have been saying since 1998 yet (when I was actively involved with a group of economists in Manila called the Independent Review circle), is the widening gap between the (a) ‘virtual economy’ based on predatory finance that produces mere fictitious values and the (b) ‘real economy’ or ‘physical economy’ that produces real values. More >
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29 Sep 2008 @ 23:58
For this moment let me share some notes about the quality of mind that has ascended today: the Demonic Mind. Earth is a Fallen Planet, sure, and this reminds us that it hardly warrants to stress our attention of the demonic mind at all. I also confirmed in a previous article that all of us possess an Inner Demon which congeals in our ‘double’ or ‘doppelganger’, this being our dark facet that persistently moves us to the brims of destructive engagements.
What I wish to stress is that today there is this characteristic growing divide between essentially two sections of our world population: on the one hand are those people whose respective Inner Demon has become ascendant, and whose own Higher Selves had ceased to operate effectively; on the other hand, are people whose own respective Christ Self (or Love Self) has been permeating so strongly the ego and effectively clipping the dark facets of the self. More >
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22 Sep 2008 @ 11:33
As you read this piece, please take a cursory glance at yourself. For you are among the last humans of the non-chipped prototype. We non-chipped humans’ lifeline will soon end, as we are only co-terminus with ‘late’ capitalism.
‘Late’ capitalism will crash down into total destruction. As already advanced in some previous articles, ‘late’ capitalism or ‘the system’ is now DEAD. No more can this system be revived, it is beyond repair. What you see, feel, smell, sense right now as ‘the system’ is merely a semblance of a once thriving and growing system of post-war interventionist capitalism, whose international trade conduct was partly regulated by fixed exchange rate and a gold standard. The reality you see today is only illusory, ‘virtual reality’ of a once mighty and envious system. To repeat, IT IS DEAD! More >
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18 Sep 2008 @ 11:53
Let me go back to the question of what lies ahead of us—when ‘late’ capitalism dies and yet capitalism will be extended. I am not discounting the possibility that capitalism’s life span will be extended, but this will no longer be ‘late’ capital, just to remind everyone.
You better fasten your seat belts, as the stormy days ahead will come for sure, and as this heraldry from me will sound as stormy already as those times ahead. Stormy heraldry, because (a) you will not come to like it and that (b) its impact will be so nauseating and revolting that you’d rather sedate yourself most quickly with wine, liquor, pot or anything that can reduce that revulsion. I forgot, for the fundamentalists, you’d pray for hours to allay your fears. More >
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12 Sep 2008 @ 11:33
...will commodity-based economics survive the times ahead? Both coffee and milk will survive for sure, but will the money economy that underpins them survive as well? As to the broader world system of capitalism, will it survive too or is it in fact on its death knell today?
Capitalism was the last of the world systems that embodied the ‘money economy’ to which it properly belongs. With the opening of the 20th century, the socialist world system appeared on the social landscape and attempted to serve as an alternative to capitalism, but this experienced its early demise as its implementers found out that it cannot be sustained after all. Both capitalism and socialism are embodiments of the ‘money economy’ as it later turned out to be, they are just but two sides of the same coin: the ‘money economy’. More >
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9 Sep 2008 @ 11:33
As one can see in the title, Adam Smith’s ideas about political economy were unoriginal or copycat. So I’m going to articulate some notes about the matter. This may come as a shocker to the devotees of Smith and fanatical ideologues of liberal or free market capitalism, but it had to be accepted. This is a matter of fact, not of speculation or libel.
This note is not intended to demean Smith nor to denigrate those whose actions are copycat, far from it. Doing copycat items is among the pathways to success, this lesson is greatly stressed most specially among marketing professionals. If one cannot succeed through innovative or original ideas and practices, then take the ‘copycat way’. Network marketing had already perfected the ‘copycat way’ in fact, by way of optimizing the principle of duplication (duplicate those presentation lines and themes before your niche customers or clients). More >
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9 Sep 2008 @ 11:31
To continue on the theme of laissez faire, a doctrine started by the French physiocrats and systematized further by the Scots, let it be known that the principle of ‘free trade’ generated by physiocracy was largely a doctrinal defense of slave trade. [Physiocrats were philosophers who focused on economic problems, while philosophes who focused on political, ethical, and epistemological problems.]
I already elaborated in a previous briefer that Adam Smith was an ‘intellectual prostitute’ whose services were procured by the British East India Company, precisely for the purpose of crafting in theoretical form the ‘free trade’ doctrine that was to justify, though subtly, the slave trade of that historic juncture. I gained the information about this rather shady background of Smith from a fellow political economist, Butch Valdez, a Fellow in the defunct Independent Review circle of 1990s Manila. More >
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9 Sep 2008 @ 11:28
The title of this briefer may come as a shock to all those who pretend to know Adam Smith and, more so, for those who revere Mr. Smith as a cult Icon. Just to clarify to everyone, being a political economist and ‘economic sociologist’, I hold Smith personally in high esteem as an intellectual, and this briefer is not meant to flaunt irreverence on this gentleman. Smith’s place in economic history is already granite rock, no matter if laissez faire or physiocracy has become obsolete before World War II yet.
The thing is, fact of all facts, contemporary thinkers such as those guys from the ‘Chicago school’, led by Nobel notable J. Friedman (weren’t there Nobel winners who were demented, nay demonic in mindset? E.g biologist Watson, who claimed that Blacks are genetically inferior in mental intelligence). The revival of laissez faire, as one can see, was responsible for flawed policy regimes that led to the series of short cycle crisis since the early 70s yet, and which is now leading finally to the Great Depression that will mark the death blow to liberal capitalism that is now on its terminal phase. From this point of time onwards, there can be no more return to laissez faire without bringing back humanity to a catastrophic Dark Age reminiscent of that demonic age of the Medieval Era when sanity fled humanity for nigh 200 year at least. More >
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5 Sep 2008 @ 11:35
This note is a sports forecasting briefer. It’s not about the typical forecasting of the outcomes of specific events and the overall medals that countries can make from out of the aggregate medals—especially gold—accruing from those events. It is about the big possibility that the Beijing Olympics could be the planet’s last, that thereafter no more Olympic games will be in the offing for a long while. That London games for 2012 is a chimera, it will be cancelled most likely as London will sustain damages from the coming conflagration. More >
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