Protect Democracy & Expose Western Liberal Democracy

Posts tagged ‘Capitalism’

The Bloody Quality of life in the West


Bloody Quality of life in the West

Bloody Quality of life in the West

For each US$ 100 customers pay for goods imported from Africa, African farmers or miners get US$ 2 or less. This is NOT fair, ethical, or civilized.

Call it free trade or capitalism, but Africans call it theft.

Barry Callebaut is a company based with headquarters in Zürich, Switzerland, the world’s largest cocoa producers and grinders, with an average annual production of 1.8 million tonnes of cocoa. I can only say that the prices they force on the producers is criminal and dirty.

People in the West must admit that they do not observe human rights and justice, other than the essential window dressing inside their countries.

This endless greed kept creating poverty and sufferings all over Africa by their Western states, companies, dealers, agents, humanitarian organizations, economic tourists, EU, expeditions, diplomatic missions, churches, academia, media, military assistance, intelligence, banks, aid programs, human rights and democracy advocates, international institutions, and African fifth column.

It is estimated that in 2007, six major companies in the international market in the European Union and the USA bought 60% of the Shea nuts and half of the Shea butter produced. Four major players control the refining of Shea in the world market. They are, in order of capacity, Aarhus United in Denmark, Fuji Oil in Japan, Karlsham AB in Sweden and Loders Croklaan in Holland (Addaquay, 2004).

Take for example Fuji Oil in Japan (Fuji Oil Group has a consolidated turnover of 1,99 Billion Euro.) they have only one very small processing unit in Ghana (INTERNATIONAL OILS & FATS LTD. worth 6500Euro, established only in 2011) which falls under their European division in the UK (FUJI OIL EUROPE, worth EUR17.9 million, established in 1992). That tiny processing plant serves Fuji Oil’s strategy to reduce production cost, and increase their margin of profits without rewarding the Ghanaian producers and the Ghanaian economy.

Kick all European, Japanese, and American businesses out of Africa and never sell raw materials, sell only fully manufactured products. Otherwise force them to create 70% local- 30% foreign joint venture in Africa. Invite only Africans to invest in Africa.

Africans must sell and buy from China, India, and Asian counties who offer cheap products to Africa. But for Europe, America, Japan, and other western countries who sell their products and services at expensive prices they must be given expensive prices for African products and not offered raw materials at all.

Just compare the prices paid for cocoa from Africa with the prices of chocolates in the consumer countries. Chocolate making is a simple inexpensive process which impossible to justify the extremely low cartel price for Africans.

For more information check the following:

Fuji Oil Group, About Us

Fuji Oil Group Companies

Production zones and systems, markets, benefits and constraints of shea (Vitellaria paradoxa Gaertn) butter processing

OIL CROPS AND SUPPLY CHAIN IN A FRICA, OCL – Oilseeds and fats, Crops and Lipids

Evaluating the marketing opportunities for Shea nut and Shea nut processed products in Uganda

The Natural Resources Institute (NRI), University of Greenwich, Greenwich Academic Literature Archive (GALA)

Investing in Shea in West Africa, A U.S. Investor’s Perspective, West Africa Trade Hub Technical Report; United States Agency for International Development (USAID).

 

 

These Africans producing Shea butter are offered extremely low prices

These Africans producing Shea butter are offered extremely low prices

Binary Economics Challenging the Right, Left, and Khazarians


Binary Economics Challenging the Right, Left, and Khazarians

Binary Economics Challenging the Right, Left, and Khazarians

“The Roman arena was technically a level playing field. But on one side were the lions with all the weapons, and on the other the Christians with all the blood. That’s not a level playing field. That’s a slaughter. And so is putting people into the economy without equipping them with capital, while equipping a tiny handful of people with hundreds and thousands of times more than they can use.”    –Louis O. Kelso in Bill Moyers: A World of Ideas II, Public Opinions from Private Citizens, (1990, both book and video) page 214, ISBN 0385416644

Binary economics, also known as Two-factor Economics, is a theory of economics that endorses both private property and a free market but proposes significant reforms to the banking system. According to theories first proposed by Louis Kelso, widespread use of central bank-issued interest-free loans to fund employee-owned firms can finance economic growth whilst widening stock ownership in a way which binary economists believe will be non-inflationary.

Binary economics rejects the claim that neoclassical economics alone promotes a ‘free market’ which is free, fair and efficient. (e.g., as an interpretation of the classical First Fundamental Theorem of Welfare Economics). Binary economists believe freedom is only truly achieved if all individuals are able to acquire an independent economic base from capital holdings, and that the distribution of ownership rights can “deepen democracy”.

Although elements of binary economics can be found elsewhere (e.g., Pope Leo XIII’s Rerum Novarum 1891; the Distributism economic ideology of G.K. Chesterton and Hilaire Belloc; and Harold Moulton (1935) The Formation of Capital, the first clear formulation of the subject was in 1958. This was done by Louis Kelso (lawyer and economist, 1913-1991) and Mortimer Adler (the American Aristotelian philosopher, 1902-2001) in their unhappily titled, but momentous, book The Capitalist Manifesto (1958).

Let us hope Trump Administration will work to remove the myth that the conflict is between Right and Left. Even most the Republicans and Democrats themselves are in illusion that it is Right versus Left. I have great hopes in India and the rest of BRICS to promote Binary Economics all over the world as a viable ideological alternative for Right and Left and rid the world from the poisonous Khazarian politics and economics. Humanize Capitalism.

 

Louis Orth Kelso, founder of Kelso & Company and inventor of ESOPs

Louis Orth Kelso, founder of Kelso & Company and inventor of ESOPs

Louis Orth Kelso (December 4, 1913 – February 17, 1991) was a political economist, corporate and financial lawyer, author, lecturer and merchant banker who is chiefly remembered today as the inventor and pioneer of the employee stock ownership plan (ESOP), invented to enable working people without savings to buy stock in their employer company and pay for it out of its future dividend yield.

Kelso created the ESOP in 1956 to enable the employees of a closely held newspaper chain to buy out its retiring owners. Two years later Kelso and his co-author, the philosopher Mortimer J. Adler, explained the macro-economic theory on which the ESOP is based in The Capitalist Manifesto (Random House, 1958). In The New Capitalists (Random House, 1961), the two authors present Kelso’s financial tools for democratizing capital ownership in a private property, market economy. These ideas were further elaborated and refined in Two-Factor Theory: The Economics of Reality (Random House, 1967) and Democracy and Economic Power: Extending the ESOP Revolution Through Binary Economics (1986, Ballinger Publishing Company, Cambridge, Massachusetts; reprinted 1991, University Press of America, Lanham, Maryland), both co-authored by Patricia Hetter Kelso, his collaborator since 1963.

Kelso’s next financing innovation, the Consumer Stock Ownership Plan (CSOP), in 1958 enabled a consortium of farmers to finance and start up a fertilizer plant. Despite fierce opposition from the major oil companies who dominated the industry, Valley Nitrogen Producers was a resounding success. Substantial dividends first paid for the stock and then drastically reduced fertilizer costs for the farmer-shareholders.

Kelso regarded the ESOP and CSOP as pragmatic proof that his revolutionary revision of classical economic theory, and the financial techniques he derived from this new perspective, were sound and workable in the economic and business world.

Kelso long believed that he had not originated a new economic theory but only discovered a vital fact that the classical economists had somehow overlooked. This fact was the key to understanding why the private property, free market economy was notoriously unstable, pursuing a roller coaster course of exhilarating highs and terrifying descents into economic and financial collapse.

This missing fact, which Kelso had uncovered over years of intensive reading, research and thought, drastically modifies the classical paradigm which has dominated formal economics since Adam Smith. It concerns the effect of technological change on the distributive dynamics of a private property, free market economy.

Below is a video of Louis Kelso being interviewed by Harold Hudson Channer. Made in 1987, this video is extraordinarily topical.

 

Rodney Shakespeare and his BinaryEconomics.net

Rodney Shakespeare was Visiting Professor of Binary Economics at Trisakti University, Jakarta where he taught on the international postgraduate Islamic Economics and Finance program.

He is a Cambridge MA; a qualified UK Barrister; and a well-known paper presenter and lecturer particularly at Islamic conferences dealing with money, the real economy, and social and economic justice. He is a co-founder of the Global Justice Movement  and the author of BinaryEconomics.net. In 2000 he received the (Martin Luther) King-Kelso Award. He broadcasts with Press TV, Russia Today, Islamic Republic of Iran Broadcasting and various other TV and radio stations.

Rodney’s first book on binary economics The Two-factor Nation was published in 1976. He is co-author (with Robert Ashford) of the standard textbook on binary economics Binary Economics – the new paradigm (1999).

Rodney Shakespeare is co-author (with Peter Challen) of the subsequent text Seven Steps to Justice (2002) which further develops binary economics, and is also author of The Modern Universal Paradigm (July, 2007) containing later developments in particular relating to paradigmatic understanding and the appeal of binary economics to people of faith and of good faith.

Binary economics is the expression of a new universal paradigm or new understanding of reality that creates a new economics, a new politics, a new justice and a new morality. It also addresses the big environmental issues. Without the new modern universal paradigm there will be no peace, nor an end to colonialism and racism.

 

Quick Technical Summary of Binary Economics

  1. Commercial banks to lend (at interest), as they wish, only their own money and, with permission, that of depositors. Commercial banks not allowed creating new money.

NB This creates a limited pool of money enabling reasonable interest rates to be paid to depositors.

  1. Central (or National or European) Bank to create interest-free loan money for productive capacity and, in particular, for the spreading of productive capacity (and thus the associated consuming capacity), over time, to every person in society. This is counter-inflationary because new, widespread productive (and consuming) capacity comes into existence while the money which created it is cancelled.
  2. The Central Bank interest-free loan money to be administered by the commercial banks only allowed making a reasonable administration charge.
  3. The Central Bank need only make periodic checks on a commercial bank to ensure that the interest-free loan supply is being used specifically for the spreading of productive capacity.

Any commercial bank abusing the privilege of administering the interest-free loan supply (for the benefit of everybody in society) will lose that privilege.

In its economics aspect, binary economics is a market economics whose markets work for everybody. Furthermore, it upholds private property but private property (and the associated income) for everybody.

An alternative summary is “the use of national bank-issued interest-free loans, administered by the banking system, for the development and spreading of various forms of productive (and the associated consuming) capacity thereby creating a balance of supply and demand with producers and consumers being the same people (as required by Say’s Theorem) and forwarding social and economic justice.”

No subsidy is involved. Existing money (e.g., a bank’s capital or, with permission, the deposits of customers) may be lent in ways including interest. However, newly created money MUST be lent interest-free for developing and spreading the real economy to every individual in the population.

 

Fifty Nine False Assumptions of Mainstream Neo-classical Economics

Below are listed fifty-nine false assumptions which underlie mainstream neo-classical economics. These false assumptions are basic things believed to be true or taken for granted as inevitable or sensible, but which, in fact, are false. This is a matter of considerable importance because if only one assumption is false (or, at the most, two or three assumptions are false) then the whole structure of neo-classical economics becomes invalid.

 

The false assumptions of neo-classical economics are that:-

  1. Scarcity is an inevitable part of the human condition.
  2. High taxation is necessary.
  3. Labour physically creates all, or a large part, of the wealth.
  4. The ‘free market’ is free.
  5. The ‘free market’ is efficient and allocates resources efficiently.
  6. The outcomes of the ‘free market’ are always just.
  7. Homo economicus is an accurate description of human psychology.
  8. Conventional economics is an all-encompassing science of objective process and universal value and further improvement to economics is impossible.
  9. It is a matter of small importance that the banking system creates money out of nothing sufficient for the repayment of the principal of a loan but not of the interest.
  10. The ‘free market’ consists of states of equilibrium; when there is disequilibrium there will always be a return to equilibrium.

11 There Is No Such Thing As a Free Lunch (any improvement for the poor inevitably involves a detriment to the rich).

  1. The ‘free market’ upholds private property for all.
  2. It does not matter who owns the capital, particularly productive capital.
  3. The ‘free market’ implements Say’s market Theorem (Law) that producers and consumers should be the same people.
  4. Somebody who voluntarily looks after a sick child does no work in the economic sense.
  5. Interest is inevitable and always necessary.
  6. Ethics/morality is not part of economics.
  7. The poor are poor because of lack of effort and lack of skill (rather than lack of productive capital, lack of access to capital credit and suffering the burden of interest).
  8. Inflation is not caused by the banking system.
  9. Financial savings are necessary before there can be investment.
  10. Physical savings are necessary before there can be investment.
  11. Labour and welfare payment will always suffice.
  12. It is not necessary for every person to have an independent income.
  13. The level of interest rates is all that is necessary to manage an economy properly.
  14. Wide ownership is not necessary.
  15. Student loans should bear interest.
  16. Public capital projects should be funded by borrowing interest-bearing money.
  17. Micro-credit lending should bear interest.
  18. Environmental capital projects should bear interest.
  19. An economy requires two lots of financing – one for production and one for consumption. (NB Only one lot of financing is necessary if it is simulfinancing as in binary economics).
  20. There is no such thing as society.
  21. Personal debt is healthy for an economy; as also national debt.
  22. There is no power imbalance between actors (participants, including individuals) in an economy.
  23. Social and economic justice on the one hand and efficiency on the other are incompatible.
  24. Economic history is irrelevant.
  25. Outdated economic theory (Adam Smith, 1776), basically conceived before the industrial revolution had got under way, suffices to guide modern economic theory and practice.
  26. The important things in economics are anything except the development and spreading of productive capacity so as to make producers and consumers the same people thereby enabling a Say’s Theorem (Law) balance of supply and demand and also enabling the forwarding of social and economic justice.
  27. Banks should be able to offer mortgages (as distinct from administering national bank mortgages).
  28. Economic inequality is desirable; the greater the ratio between top earnings and bottom earnings, the better.
  29. ‘Trickle down’ economics works.
  30. Rising house and stock market prices are necessarily a sign of genuinely increased wealth.
  31. Economic cycles are inevitable.
  32. Individual greed is good and institutionalised greed is even better.
  33. Countries should raise money at interest on the international markets.
  34. Countries should not be autonomous; they should be controlled by others.
  35. A country’s assets should be owned by outsiders.
  36. A country’s money supply should originate in the banking system rather than the national bank.
  37. Employee shareholdings and involvement do not improve efficiency.
  38. Political democracy does not require economic democracy.
  39. Even though today’s banking system money is created out of nothing there is a time value to borrowed money.
  40. Environmental matters are extraneous and impose extraneous cost.
  41. Not only ethics but belief in God should be eschewed.
  42. Economics is essentially a separate subject which does not have to take account of other subjects.
  43. The creation of money out of nothing and the addition of interest does not require even more creation and even more debt.
  44. Population growth is inevitable.
  45. An understanding of technology is irrelevant to economics.
  46. Jobs can be exported.
  47. Domestic manufacturing does not matter.
  48. Education and training suffice for economic needs.

NB Binary Economics becomes easily understood if the fifty-nine false assumptions of prevailing economics are one by one, and simply, reversed. Quite soon, it becomes apparent that a different picture is emerging and then, long before all the false assumptions have been reversed, it is brightly clear that a totally new landscape – the Binary landscape – has emerged.

Binary Economics might be summarized in “a justice which creates efficiency and an efficiency which creates justice. “ It is the only opportunity for people to create real democracy, away from fake contemporary democracies and tyranny. It a real challenge and threat for the Right, Left, and Khazarians, that is why people will not be allowed to know it, despite its existence for a very long lime.

The fourth side of this economic and political global conflict is the people, and they are the least influential.

Measure Life Happiness Instead of Measuring Quality of Life


Measure Life Happiness Instead of Measuring Quality of Life

Measure Life Happiness Instead of Measuring Quality of Life

Quality of life indicators is a Eurostat online publication providing recent statistics on the quality of life in the European Union (EU). The publication presents a detailed analysis of 8+1 dimensions which can be measured statistically to represent the different complementary aspects of quality of life, complementing the indicator traditionally used as the measure of economic and social development, gross domestic product (GDP). Eight of these dimensions concern the functional capabilities citizens should have available to effectively pursue their self-defined well-being, according to their own values and priorities. The last dimension refers to the personal achievement of life satisfaction and well-being.

For each quality of life dimension a set of selected relevant statistical indicators is presented and analysed. Trends over time and differences between countries or demographic groups are discussed. In each case the emphasis has been on highlighting interesting findings, rather than providing a complete and exhaustive presentation of all available statistical data.

Measuring quality of life in the European way uses the following indicators:

  1. Material living conditions
  2. Productive or main activity
  3. Health
  4. Education
  5. Leisure and social interactions
  6. Economic and physical safety
  7. Governance and basic rights
  8. Natural and living environment
  9. Overall experience of life

While informally measuring happiness in the African way (and also in Mediterranean Europe, Latin America, and parts of Asia) is done by using following other indicators:

  1. Consumption over Income
  2. Job Satisfaction
  3. Engaged Life Expectancy
  4. Irregular Basic Learning
  5. Decent Leisure Activities
  6. Stable Social Interactions
  7. Economic Opportunities
  8. Meek Governance
  9. Healthy Natural Environment
  10. Easy-going Infrastructure
  11. Uncomplicated Services & Taxation
  12. Amble Living Space

Would you please try to consider this system for measuring happiness in the EU and elsewhere?

The West is Organized Crime


The West is Organized Crime

The West is Organized Crime

The international markets are not following the deceptive “supply and demand” rule.

Look at this picture and it tells a sad story. It is better to look the other way around and say a fucking bucket of chicken is more expensive than a barrel of oil. The wrong mentality of the West pushes to make anything they produce very expensive and make the resources of other nations very cheap.

And they call Economics a “Science”!! how on Earth the Supply and Demand” rule applies in this case!! Economics is an art and in the West it is pornographic.

This is organized crime.

Armed Nation is a Tormented Nation


Armed Nation is a Tormented Nation

Armed Nation is a Tormented Nation

A nation that demands liberal gun ownership and consider it part of their freedoms and rights and fiercely defends such culture is indeed threatened and tries to protect itself from many threats.

They are not harmonious enough to trust each other; they do not trust the government institutions to protect them or not to attack them; such a nation and state can hardly be called a nation or a state.

And above that this indicates that the national character is tormented.

What they need is government control before gun control; and to heal a tormented their nation.

The Truth of Nazi and Hitler


The Truth of Nazi and Hitler

The Truth of Nazi and Hitler

Stereotyping Hitler and Nazi as racists and cruel is still very effective easy weapon for Western media and modern history writers with Jewish international capitalism directives. The truth of Nazi ans Hitler are not in allegations of Aryan supremacy but in their economic program and policies since 1920’s. Germany and Hitler and Nazi did go to WWI and WWII to defend their national economy and security and not for insane racism. The Jews succeeded in portraying German nationalism as racism.

The plotted fall of tsarist Russia to the criminal Jewish communist Bolsheviks with capitalist funding was final evidence to nationalist Germans that they cannot ignore and sit like a duck. International Jewish banks hated Tsar Nicholas II and plotted against him because he was a smart free nationalist and he refused usury. The plot started by giving debts to Japan to kill two birds with one stone by encouraging Japan to go to war against Tsarist Russia to exhaust its economy.

Then the Tsar made the biggest mistake of siding against Germany and Austria in WWI because of the Balkan. These two events bankrupted Russia and the International Jewish banks took advantage and designed, trained and funded the Jewish Bolshevik and some disgruntled unfit Russians to topple the Tsar and establish a chaotic violent republic under their capital influence. The Russian nationalists were aware of that and that brought the Russian civil war which the Jewish Bolshevik fought the nationalist Russian who were defeated and eliminated.

Hitler and Nazi could not forget or ignore such crimes not only in Russia and Germany but also in France and the UK. Hitler and Nazi fought for Europeans against corrupt European regimes and businesses.

Who financed Lenin and Trotsky and the Bolsheviks?
One of the greatest myths of contemporary history is that the Bolshevik Revolution in Russia was a popular uprising of the downtrodden masses against the hated ruling class of the Tsars. However, the planning, the leadership and especially the financing came entirely from outside Russia, mostly from financiers in Germany, Britain and the United States.

There are many good reasons to believe that Hitler and Nazism were great and good. Among these reasons is that the war against Russia was meant to save the innocent and nationalist Russians and all Europe from the rule of criminal international banking mafia. Many people especially in the EU states will be very much sorry to discover the truth after decades of being deceived by the media of the same criminal international banking mafia.

Wall Street and the Bolshevik Revolution


Wall Street and the Bolshevik Revolution

Wall Street and the Bolshevik Revolution

(International Jewry Capitalism and Communist USSR)
165-page Book written By Antony C. Sutton March in 1974

Since the early 1920s, numerous pamphlets and articles, even a few books, have sought to forge a link between “international bankers” and “Bolshevik revolutionaries.” Rarely have these attempts been supported by hard evidence, and never have such attempts been argued within the framework of a scientific methodology. Indeed, some of the “evidence” used in these efforts has been fraudulent, some has been irrelevant, and much cannot be checked. Examination of the topic by academic writers has been studiously avoided; probably because the hypothesis offends the neat dichotomy of capitalists versus Communists (and everyone knows, of course, that these are bitter enemies). Moreover, because a great deal that has been written borders on the absurd, a sound academic reputation could easily be wrecked on the shoals of ridicule. Reason enough to avoid the topic.
Fortunately, the State Department Decimal File, particularly the 861.00 section, contains extensive documentation on the hypothesized link. When the evidence in these official papers is merged with nonofficial evidence from biographies, personal papers, and conventional histories, a truly fascinating story emerges.
We find there was a link between some New York international bankers and many revolutionaries, including Bolsheviks. These banking gentlemen — who are here identified — had a financial stake in, and were rooting for, the success of the Bolshevik Revolution.
Who, why — and for how much — is the story in this book.
Antony C. Sutton

TABLE OF CONTENTS

Preface

Chapter I: The Actors on the Revolutionary Stage

Chapter II: Trotsky Leaves New York to Complete the Revolution
Woodrow Wilson and a Passport for Trotsky
Canadian Government Documents on Trotsky’s Release
Canadian Military Intelligence Views Trotsky
Trotsky’s Intentions and Objectives

Chapter III: Lenin and German Assistance for the Bolshevik Revolution
The Sisson Documents
The Tug-of-War in Washington

Chapter IV: Wall Street and the World Revolution
American Bankers and Tsarist Loans
Olof Aschberg in New York, 1916
Olof Aschberg in the Bolshevik Revolution
Nya Banken and Guaranty Trust Join Ruskombank
Guaranty Trust and German Espionage in the United States, 1914-1917
The Guaranty Trust-Minotto-Caillaux Threads

Chapter V: The American Red Cross Mission in Russia — 1917
American Red Cross Mission to Russia — 1917
American Red Cross Mission to Rumania
Thompson in Kerensky’s Russia
Thompson Gives the Bolsheviks $1 Million
Socialist Mining Promoter Raymond Robins
The International Red Cross and Revolution

Chapter VI: Consolidation and Export of the Revolution
A Consultation with Lloyd George
Thompson’s Intentions and Objectives
Thompson Returns to the United States
The Unofficial Ambassadors: Robins, Lockhart, and Sadoul
Exporting the Revolution: Jacob H. Rubin
Exporting the Revolution: Robert Minor

Chapter VII: The Bolsheviks Return to New York
A Raid on the Soviet Bureau in New York
Corporate Allies for the Soviet Bureau
European Bankers Aid the Bolsheviks

Chapter VIII: 120 Broadway, New York City
American International Corporation
The Influence of American International on the Revolution
The Federal Reserve Bank of New York
American-Russian Industrial Syndicate Inc.
John Reed: Establishment Revolutionary
John Reed and the MetropolitanMagazine

Chapter IX: Guaranty Trust Goes to Russia
Wall Street Comes to the Aid of Professor Lomonossoff
The Stage Is Set for Commercial Exploitation of Russia
Germany and the United States Struggle for Russian Business
Soviet Gold and American Banks
Max May of Guaranty Trust Becomes Director of Ruskombank

Chapter X: J.P. Morgan Gives a Little Help to the Other Side
United Americans Formed to Fight Communism
United Americans Reveals “Startling Disclosures” on Reds
Conclusions Concerning United Americans
Morgan and Rockefeller Aid Kolchak

Chapter XI: The Alliance of Bankers and Revolution
The Evidence Presented: A Synopsis
The Explanation for the Unholy Alliance
The Marburg Plan

Appendix I:
Directors of Major Banks,Firms, and Institutions Mentioned in This Book (as in 1917-1918)

Appendix II:
The Jewish-Conspiracy Theory of the Bolshevik Revolution

Appendix III:
Selected Documents from Government
Files of the United States and Great Britain

Selected Bibliography

Index

 

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