Tuesday, February 22, 2005
Monday, February 21, 2005
An economic aneurysm
Channelnewsasia.com: "Some view the rise of China as 'simply an economic threat to the advanced industrial economies' and sought protectionism against Chinese imports.
'But let us be clear that this is only a sterile attempt to stop the clock and resist inevitable change.
'China has been responsible for keeping the world economy growing as the advanced industrial economies went into a downturn.
'Indeed, without China, trade growth which slowed more than at any time in recent world downturns would have ground to a complete halt or gone into reverse,' he said"
China's prodigious growth has kept global growth going even through the major down turns of the last 10-15 years.
But what will happen when China has its first depression? When this bubble, this aneurysm, bursts, the rest of the world will suffer -- and it will hurt us all.
It is time to stop the pyramid scheme of capitalism. Stop the osmosis of exchange value. We need to stop excluding people from life and start including.
'But let us be clear that this is only a sterile attempt to stop the clock and resist inevitable change.
'China has been responsible for keeping the world economy growing as the advanced industrial economies went into a downturn.
'Indeed, without China, trade growth which slowed more than at any time in recent world downturns would have ground to a complete halt or gone into reverse,' he said"
China's prodigious growth has kept global growth going even through the major down turns of the last 10-15 years.
But what will happen when China has its first depression? When this bubble, this aneurysm, bursts, the rest of the world will suffer -- and it will hurt us all.
It is time to stop the pyramid scheme of capitalism. Stop the osmosis of exchange value. We need to stop excluding people from life and start including.
Sunday, February 20, 2005
What price morals?
News: "'We argue that we don't carry out or instigate torture ourselves, but if information from it comes our way, we won't refuse it. But in criminal law, when a known thief asks you to buy a stolen TV for �10, it is no defence to say that I didn't ask him to steal it and I wasn't there when he stole it - I just bought the stolen goods.'"
Thursday, February 17, 2005
Sunday, February 13, 2005
Spreading the cult of the individual
Africans' new motto: 'Charge it' | csmonitor.com: "She also sees how credit cards might lead to the end of two support groups she belongs to. They're called kiamas - and are part of the communalism that dominates many African cultures. Every month, each member puts $15 into a collective pot. Then, on a rotating basis, one member gets the whole amount and uses it to improve their lives. Otieno has bought carpets, cutlery, and other household items. But someday she might not need the kiama anymore.
'The kiama thing is about relying on each other,' she says, 'but credit cards make you so independent.'"
Where are we going? We are indoctrinated to believe that we do not need others. We rent money with credit cards in order to buy individualism. We're are being turned into sociopaths for the sake of profit.
'The kiama thing is about relying on each other,' she says, 'but credit cards make you so independent.'"
Where are we going? We are indoctrinated to believe that we do not need others. We rent money with credit cards in order to buy individualism. We're are being turned into sociopaths for the sake of profit.
Tuesday, February 08, 2005
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