The Failure of Laissez Faire Capitalism and Economic Dissolution of the West

The Failure of Laissez Faire Capitalism and Economic Dissolution of the West

Towards A New Economics for A Full World

Book - 2013
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Former Wall Street Journal editor, and Assistant Secretary of the US Treasury Paul Craig Roberts book is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations "too big to fail," removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature's resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.
Publisher: Atlanta : Clarity Press, Inc., [2013]
ISBN: 9780986036255
Call Number: 330.122 R5436f
Characteristics: 190 pages ; 23 cm


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Apr 06, 2018

This is a 1936 American film directed by Archie Mayo, adapted from Robert E. Sherwood's stage play of the same name.
Alan Squier---once a respected British writer, now a disillusioned, penniless drifter---wanders into a roadside diner in the remote town of Black Mesa, Arizona.
The diner is run by Jason Maple, his daughter Gabrielle, and Jason's father.
Gabrielle's mother, a French war bride who fell in love with Jason when he was a young, handsome American serviceman, left her dull defeated husband and moved back to France when Gabrielle was a baby.
She now sends poetry to Gabrielle, who dreams of moving to Bourges, where her parents first met, to become an artist.
Alan wrote one novel, and then lived in France for eight years with a wife he stole from his publisher.
Gabrielle is instantly smitten with him.
Boze Hertzlinger, a former football player who works at the diner and has wooed Gabrielle in vain, grows jealous of Alan, who decides to leave forthwith.
He mooches a ride from wealthy tourists Mr. and Mrs. Chisholm.
After only a few minutes on the road, however, they encounter Duke Mantee, a notorious gangster fleeing a massive police pursuit.
Duke and his gang seize the Chisholms' car and drive to the diner, where Duke has arranged to rendezvous with his girlfriend, Doris.
Alan, the Chisholms, and their chauffeur soon make their way back to the diner as well.
Indifferent to the hostage situation, Alan engages Duke in lively conversation and toasts him as the last great apostle of rugged individualism.
Duke learns that Doris has been captured, and has revealed their intended rendezvous location.
As police converge on the diner, Duke prepares to flee, announcing that he will take Mr. and Mrs. Chisholm with him.
Inspired by Boze's act of courage, Alan has an inspiration.
While Gabrielle is in the back room bandaging Boze's hand, he produces a life insurance policy from his bag and amends it, making Gabrielle the beneficiary.
Then he asks Duke to kill him so that Gabrielle can use the insurance money to realize her dream of moving to France.
Duke obliges, then leaves with his human shields.
Alan dies in Gabrielle's arms.
Alan's inspiration seems to me an absolutely foolish act.
So does the whole movie.

Mar 21, 2018

This sounds as an interesting, realistic book. But it's a close-up to the present situation, and the greater picture, i.e. the future of the world is wider, and what is happening in the present has been planned at least 100 yrs ago. It was planned 100 years ago and started to be realized that China will be the manufacturer of the world. What is going on now in the West with consumer capitalism, is the last kicks only of the old system. Dr. John Coleman in his book "The Conspirators' Hierarchy" (1992, 1997) [this book was in the VPL collection and I read it, but it has been taken out from the collection 3-4 yrs ago] - so, Dr. Coleman wrote there that according to plans the workers of the near future will be the Chinese and the Japanese. In the new system to come there will be no private property, no individual rights, no family units, no nation states. It will be forbidden to even utter one's own race or nationality. There will be no cash and barter trade will be strictly forbidden (we''ll be slaves of the bit cash system, which will be controlled by a Big B, and just imagine: BB will be able to stop anyone's account, He will be able to control what anyone can buy or not buy, and where anyone can buy it.) In fact, there was an article in the Toronto Star in Dec. 10, 2006, titled: "One Generation Is All They Need" (to chip the population with body implants) - the author was Kevin Haggerty. Ultimately, some sources say that a new type of selfless, peaceful humanoid robot will be genetically developed, and those will be the ultimate working class. Most people don't know that an East European (Hungarian) aristocrat wrote a theatrical drama titled "The Tragedy Of Man" and in Act 12 of it, 157 years ago (in 1861) the planned final economic ans social system is described, where everything will be scientifically controlled, all will be made in "the way most simple and most practical," there will be no family unit, only the group and no private property, under a scientific dictatorship. And this was not a "poetic vision" of the author: "Imre Madach", he learned it from somewhere (I found the English translation of it by William N. Loew in the New York main library). And, brace yourselves, Dr. Coleman in 1992 wrote almost the same details about the plan to change our "free capitalism" for a global dictatorial control system. If you still don't believe this, try to read "Agenda 21" of the United Nations. Dr. Coleman writes that there is a body of international experts, the "Committee of 300," who make decisions for the future of the world, and that body is at least 150 years old. Now, if you speak French, you will find the same details of our planned future announced toward the end of a Francophone film, titled: "L'Aventure C'est L'Aventure", where Jacques Brel, the famous chanson writer and singer, with a dubious looking cast tries to be humorous, but with not much success. How come they tell the same plan as Madach and Dr.Coleman? A new economic and social model is coming, bec. the Earth must be saved from the greedy, destructive human assault, which have, in a century, half destroyed it already. Resources are running out, Nature is being destroyed and the Earth and Oceans are being turned into trash dumps. The present "man" lives by the territorial animal instinct, protecting territory and self interest like crazy. To globalize the world, which is necessary, this must be overcome somehow, and there are various plans for it (the probable use of permanent mind altering chemicals, brain chips, and genetic modification of the basic human DNA). America will be united, Dr. Coleman writes about it - Canada, USA, Mexico and Chile will belong to it at first. When the Syrian refugees started to stream toward Europe, at the Southern border of Hungary a 180 km long fence was built and the refugees were greeted with flame throwers to keep them at bay. The future united world will be a new economic and social model.


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