tagged w/ Economy
I am curious,... what would happen to those who say taxation is not theft, kidnapping, and imprisonment, if they stopped paying their taxes?!?......
http://www.youtube.com/watch?v=ZcVciIC91WII am curious,... what would happen to those who say taxation is not theft, kidnapping,... more
Jeff Berwick joins Mike Shanklin on TRIPLE-V to discuss Taxation/War, National Debt, Public Education, The FED, Mexico, DROs, Peaceful Parenting, and much more...
http://www.youtube.com/watch?v=llOw79EnaEUJeff Berwick joins Mike Shanklin on TRIPLE-V to discuss Taxation/War, National Debt,... more
Ed Lemieux from the “Ed & Ethan” show http://edandethan.com/ joins Mike Shanklin on TRIPLE-V to discuss:
1:35 Voluntaryism & Non-Aggression
3:17 Ed’s background
11:42 The Political Process, Rand Paul, and Peaceful Parenting
20:22 Why the “Ed & Ethan” show?
23:11 Constitutions – Enablers, not protectors
36:57 Militarism, War, Civil Liberties
46:28 “Anti-War” Left
48:24 We live in a FREE MARKET?!?!?!?!? HA!
54:22 Websites, plugs, closing statement
http://www.youtube.com/watch?v=oBjwMlXRul4Ed Lemieux from the “Ed & Ethan” show http://edandethan.com/ joins... more
If you want to hear some of the coolest stories that you’ve ever heard from some of the funniest elders that you’ve ever seen then “The Wobblies” is for you. There is so much goodness in this documentary that it’ll put a smile on your face.
The subject matter is the IWW, the Industrial Workers of the World, formed in 1905, it’s considered to be one of the most important labor movements in the history of the United States.
The documentary is a testament of sorts from the people that helped to bring us, among many other things, the eight-hour work day. Very relevant for our times considering what our “corporate-state alliances” have been able to achieve in the last few decades.
click to enlarge - source
“A much more longer term perspective on the economy, which is that the Labor Department reported that the rate of unionization, the percentage of workers in the economy that are members of union, has fallen to a 97-year low of 11.3 percent. Only 11.3 percent of workers are now in unions.
“Now, this has been a long decline in terms of unionization rates, but the decline was accelerated greatly in 2011 and continuing in 2012… So we know that there is this huge assault on working people, on their rights to organize, their rights to defend themselves, their rights to collectively bargain, is happening while the economy is still stuck in the aftermath of the Wall Street crash.”If you want to hear some of the coolest stories that you’ve ever heard from some... more
The name of the game when it comes to investing in the markets is that you must not only be ahead of inflation but you must also beat the averages, exceeding the normal rate of return. If you don’t do both then you are neither protecting nor accumulating capital, i.e., in the limit you will lose your wealth. This principle also applies to nations.
Ignoring our need to rely on different economic measures (pdf) other than the Gross Domestic Product (GDP) of a nation to indicate progress, wealth and well-being, if a countries GDP growth rate is below the global average, then over time that country will lose influence and be subject to an unstable economy. In essence, how a countries economy performs is relative to how other countries perform – there is a “growth imperative in capitalist economies” (pdf).
“But why do capitalist economies need to grow? Because competition and the quest for profit compel each business to grow or be wiped out by its competitors.”
The economic theory that best encompasses this principle is Differential Accumulation. It “emphasizes the powerful drive by dominant capital groups to beat the average and exceed the normal rate of return.” The video linked below and the following excerpts from an article entitled “Differential Accumulation” by Shimshon Bichler and Jonathan Nitzan provide further information on this train of thought (emphasis added).
“The concept of differential accumulation is part of a new approach to the study of capitalism. This approach, first developed by Shimshon Bichler and Jonathan Nitzan, emphasizes the primacy of power rather than of consumption and production. The emphasis on power accentuates the centrality of relative rather than absolute measures and of disaggregate rather than aggregate methods. It focuses attention not on the quest for profit maximization by capital in general, but on the drive for differential accumulation by dominant capital in particular…
“Capital, Bichler and Nitzan claim, is nothing but organized power. This power, they say, has two sides: one qualitative, the other quantitative. The qualitative side comprises the many institutions, developments and conflicts through which capitalists constantly creorder – or create the order of – their society; that is, the processes through which they shape and restrict the social trajectory in order to extract their tributary income. The quantitative side is the universal algorithm that integrates, reduces and distils these numerous qualitative processes down to the monetary magnitude of capitalization…
“In principle, every stream of expected income is a candidate for capitalization. And since income streams are generated by social entities, social processes, social organizations and social institutions, we end up with capitalization discounting not the so-called sphere of economics, but potentially every aspect of society. Human life, including its social habits and its genetic code, is routinely capitalized. Institutions – from education and entertainment to religion and the law – are habitually capitalized. Voluntary social networks, urban violence, civil war and international conflict are regularly capitalized. Even the environmental future of humanity is capitalized. Nothing escapes the eyes of the discounters. If it generates expected future income, it can be capitalized, and whatever can be capitalized sooner or later is capitalized…
“Now, power, argue Bichler and Nitzan, is never absolute; it’s always relative. For this reason, both the quantitative and qualitative aspects of capital accumulation have to be assessed differentially, relative to other capitals. Contrary to the claims of conventional economics, say Bichler and Nitzan, capitalists are driven not to maximize profit, but to ‘beat the average’ and ‘exceed the normal rate of return’. Their entire existence is conditioned by the need to outperform, by the imperative to achieve not absolute accumulation, but differential accumulation. And this differential drive is crucial: to beat the average means to accumulate faster than others; and since the relative magnitude of capital represents power, capitalists who accumulate differentially increase their power…
“The centrality of differential accumulation, claim Bichler and Nitzan, means that the analysis of accumulation should focus not only on capital in general, but also and perhaps more so on dominant capital in particular – that is, on the leading corporate-state alliances whose differential accumulation has gradually placed them at the centre of the political economy.
Accumulation Through Crisis: Global Stagflation & the New Wars -- by Jonathan Nitzan
(relevant for this piece: 18 to 25 minute mark)
So how is this related to what’s going on in Africa?
Below you will find a graph of the global GDP growth rate in addition to the growth rates for certain regions and countries. Google Public Data is being used to present the information compiled from The World Bank. The annual growth rate is provided for France, The United States, Italy, the UK, and Belgium – five countries involved with the Mali conflict from the onset - as well as Canada who’s troops have now been drawn into the war, and Japan which has pledged $120 million in aid and support. In addition, the growth rates for Sub-Saharan Africa, Latin America and Caribbean, South Asia, East Asia and Pacific, and China have been included.
“’Africa is booming. Sub-Saharan Africa will have the second highest regional growth after Asia in 2012 with a rate of 5.5 percent,’ [France's Finance Minister Pierre Moscovici] said. ‘The new phenomenon is that African growth has the potential to stimulate growth in France. We want to be present there.’…
“At the same time China's trade with Africa reached $166.3 billion in 2011, according to Chinese statistics, and African exports to China - primarily resources to fuel Chinese industries - rose to $93.2 billion from $5.6 billion over the past decade. China in July offered African countries $20 billion in loans over the next three years, double the amount pledged in the previous three-year period.”
Adjusted for inflation GDP growth rate per annum (1990 to 2011)
The countries underperforming the global average are the main Western powers that have been involved in the recent conflicts in Africa. They are the ones pursuing the regions and countries that are outperforming the global average. The get a clearer picture, let’s eliminate the secondary players in the above graph and leave only the United States, France, Italy, and the UK from the west, and China from the east, since it is China that they are in competition with as U.S. intelligence reports have indicated.
“China's economy is likely to surpass the United States in less than two decades while Asia will overtake North America and Europe combined in global power by 2030, a U.S. intelligence report said on Monday…
“The health of the global economy increasingly will be linked to progress in the developing world rather than the traditional West.”
continued at source: http://chycho.blogspot.ca/2013/02/recolonization-of-africa-symptom-of-our.htmlThe name of the game when it comes to investing in the markets is that you must not... more
I'm not a Jon Stewart fan personally... but he nailed it on this one!!!
On his show Wednesday night, The Daily Show host Jon Stewart ripped into President Barack Obama for not releasing a classified memo that provides legal justification for the use of drone strikes against suspected terrorists.
Recently, a confidential document was leaked to the press that outlined some of the legal arguments contained within the secretive memo. The document said the United States could strike leaders affiliated with al Qaeda and associated terror groups who were an “imminent threat.”
However, Stewart noted that the definition of “imminent threat” in the leaked document wasn’t particularly imminent.
“So ‘imminent threat,’ in other words, imminent or not imminent,” Stewart explained. “Broadly speaking, imminent in the geological sense. So, wait, we can kill an American who is in al Qaeda or al Qaeda-adjacent if they pose an imminent danger, and by ‘imminent’ we mean eventual?”
He added that drone strikes had an “open admissions process” without due process and with little oversight.
Stewart pointed out that Democrats, including Vice President Joe Biden, had railed against the Bush administration for not releasing legal memos that justified the use of torture against terror suspects. Once Obama entered office, he made those memos public.
“We don’t mind you knowing about shit we do once we don’t do it anymore,” he mockingly concluded. “We’re happy to share irrelevant information with the public. We told you we were going to be transparent, we just didn’t tell you it was going to be about the last guy’s secrets.”I'm not a Jon Stewart fan personally... but he nailed it on this one!!!... more
Abby Martin talks to University of Guelph professor, & author of 'The Cancer Stage of Capitalism' John McMurtry, about Capitalism as the source of social inequality, and what he believes to be the root cause of most social ills.
http://www.youtube.com/watch?v=80EZ4Q5b5BsAbby Martin talks to University of Guelph professor, & author of 'The Cancer... more
Right now the US economy is stuck in a vicious circle. Potential employers are not expanding production, so they are not hiring, because demand for their products and services is low. Demand for their products and services is low, because so many people are unemployed, and far too many of those that are do not make enough to support their families, let alone consume additional goods and services. So many people are unemployed and underemployed, because potential employers are not expanding production, so they are not hiring. Recovery demands more and better jobs.Right now the US economy is stuck in a vicious circle. Potential employers are not... more
The United States is headed for a total collapse and it's not going to be just a financial collapse. In this video we're going to focus on what comes after the collapse, however that collapse unfolds.The United States is headed for a total collapse and it's not going to be just a... more
The United States is headed for a total collapse and it's not going to be just a financial collapse. In this video we're going to focus on what comes after the collapse, however that collapse unfolds.
http://www.youtube.com/watch?&v=EQdwZk2gpWoThe United States is headed for a total collapse and it's not going to be just a... more
Victor Pross joins Mike Shanklin on TRIPLE-V to discuss voluntaryism, the non-aggression principle, and the Venus Project
http://www.youtube.com/watch?v=uBFQq8uYsp0Victor Pross joins Mike Shanklin on TRIPLE-V to discuss voluntaryism, the... more
National Geographic News
Published January 31, 2013
Woe is the Mississippi. A barge carrying light crude hit a bridge near Vicksburg, Mississippi, on Sunday, causing an oil spill.
But if you think that is the worst thing that's happened this winter to the river, you'd be wrong.
The middle Mississippi—the 200-mile (322-kilometer) stretch from St. Louis to Cairo, Illinois—is experiencing drought conditions unrivaled in the last 50 years. That's been the case since November.
From December to March, this part of the river is always at its lowest because extra feed from the Missouri is cut off when that river's navigation season ends. The Mississippi typically loses about three feet at St. Louis as a result.
But this winter the river has lost more depth, since spring ice melt and rains weren't forthcoming and reservoirs that help feed the river didn't get filled.
The result is that transport along the Mississippi is down dramatically. In December, total barge cargo was down more than 1,100 kilotons from December 2011. (Video: Drought 101)
Barges have had to lighten their loads considerably to avoid bottoming out. Right now barges on the middle Mississippi can only afford to sink 9 feet (2.7 meters) into the water, some only 8 feet (2.4 meters). They usually run 12 feet (3.7 meters) deep, more laden with goods to get them to market faster and cheaper.
If that doesn't sound like a lot, consider that barges lose about a hundred tons of capacity for each 6 inches (15 centimeters) less deep they can sink in the water.
According to the American Waterways Operators (AWO), in December and January alone more than $7 billion worth of goods was at risk of not reaching their destination.
"It's not like someone is going to put up a sign and say the Mississippi River is closed, but there's not very many vessels that can move in those conditions," says AWO spokesperson Ann McCulloch. (Read "Road Trip on the Northern Mississippi.)
One of the effects is that farmers on the middle Mississippi, the drought-strapped area, are paying a dollar more to ship each bushel of crops than are farmers on the lower Mississippi, who can fully load barges before sending them down the river, says Joe Kellett, deputy district engineer at the U.S. Army Corps of Engineers' St. Louis District.
For middle Miss farmers, it's more trips—so higher fuel costs—with less cargo.
More at the link
National Geographic News
Published January 31, 2013
Woe is the... more
Garrett Lafferty joins Mike Shanklin on TRIPLE-V to discuss:
2:59 Garrett’s Background/Life
5:35 Gold & Silver – Protection From The Government Dollar
9:41 Individual Private Property
11:04 Voting with your dollars
12:56 War on drugs
21:04 DROs, Voluntarily Funded, Competing Protection Services
27:13 Peaceful Parenting
29:26 Marketing Freedom & Apathy
35:19 Facebook Page “Opt Out Of Statism” & Roads
44:15 Websites/Plugs & Closing Remarks
http://www.youtube.com/watch?v=6NFRphI4FI4Garrett Lafferty joins Mike Shanklin on TRIPLE-V to discuss:
Aaron Hawkins of www.youtube.com/user/StormCloudsGathering joins Mike Shanklin on Voluntary Virtues Vodcast (Triple-V) to discuss:
3:24 How did you get to where you are today?
13:38 Political Action?
15:32 Voting To Make Statism “Better”
18:02 YouTube Channel StormCloudsGathering
22:06 Video Chain Of Obedience
24:22 Video Road To World War III & Oil
33:16 Did you buy your own land with an earthbag home?
39:10 What are your thoughts on Constitutions?
44:59 What can we do to help Freedom?
http://www.facebook.com/statismmakesyouaslaveAaron Hawkins of www.youtube.com/user/StormCloudsGathering joins Mike Shanklin on... more
***For those wishing to take our only protection from a tyranous government away ...IMPEACH THEM for not protecting the constitution of which they swore to protect.
***For those who threatened to KILL the economy...IMPEACH THEM for treason against the American people.
***For those who had a hand in the economic reform bill and all who signed it ...IMPEACH THEM for gross mismanagement.
*** For those who have used our military for their corporate might, had a hand in insider trading,brought our jobs over-seas and declaring war on a soveriegn nation...IMPEACH THEM and hold accountable for war crimes, treason, whichever is relevant.
Then replace them with scholars and people who have the" People" in their best interest...not money.
throw out the fed...cause we're FED-UP!
create laws of use it or lose it in the library of congress to loosen up technologies which have been "PARKED" ...and
Last but not least...
Remove the corporations status as being Humanlike or having the same right as an individual for they are already represented as an individual. (for it creates a conflit of interest).
....there is always the OL' SCHOOL method(see photo) if they wish!!! I prefer a more civilised approach...IMPEACH THEM***For those wishing to take our only protection from a tyranous government away... more
violent riots or bank bombings are also useless because they don’t challenge the sites of real power. Real power is in the cybersphere, in the algorithms of financial control, in the quantitative analyses that undergird trading, and so on.violent riots or bank bombings are also useless because they don’t challenge the... more
Derrick J joins Mike Shanklin on Voluntary Virtues Vodcast (Triple-V) to discuss:
9:05 Victimless Crime Spree Movie
13:14 Did You Demand The “Justice” System To Produce The Victim?
16:45 Jury Nullification
21:12 Voluntarily Funded Justice & The End Of Victimless Crimes
26:41 Free State Project
34:55 What Is The Next Step For You?
41:28 Voting & “Public Service”
http://www.youtube.com/watch?v=9pikjXTTLbQDerrick J joins Mike Shanklin on Voluntary Virtues Vodcast (Triple-V) to discuss:... more