The root of work, enslavement and robotics
Labels: occupy wall street, orphan, ows
Where good taste, clear and distinct ideas, and graceful modulations tend to be viewed with lowering suspicion.
Labels: occupy wall street, orphan, ows
Labels: #ows, contracts in corporate USia, corporations, general strike
Inverted totalitarianism, unlike classical totalitarianism, does not revolve around a demagogue or charismatic leader. It finds expression in the anonymity of the corporate state. It purports to cherish democracy, patriotism, a free press, parliamentary systems and constitutions while manipulating and corrupting internal levers to subvert and thwart democratic institutions. Political candidates are elected in popular votes by citizens but are ruled by armies of corporate lobbyists in Washington, Ottawa or other state capitals who author the legislation and get the legislators to pass it. A corporate media controls nearly everything we read, watch or hear and imposes a bland uniformity of opinion. Mass culture, owned and disseminated by corporations, diverts us with trivia, spectacles and celebrity gossip. In classical totalitarian regimes, such as Nazi fascism or Soviet communism, economics was subordinate to politics. “Under inverted totalitarianism the reverse is true,” Wolin writes. “Economics dominates politics – and with that domination comes different forms of ruthlessness.”
Labels: apocalyptic economics, corporations, totalitarianism
Well, I mean just what we say in the law: fraud is when you use deceit to steal something from someone. And so, the essence of fraud is, I get you to trust me, and then I betray that trust for gain. And as a result, there’s no more effective acid against destroying trust than fraud, particularly at the elite levels. And when you destroy trust, you destroy economies, families, democracies.
Labels: banks, black on white, fraud, president of regulation, william k. black
*The opposite of representation is the casino -- unsullied chance. This is the preferred system of Wall St., Las Vegas, and the Mob.
Labels: #ows, campaign contributions, citizens united, congress, larry lessig, occupy this, occupy wall street, supreme court
In today's excerpt - in ancient city-states such as Babylon, Sumeria and Judaea, rulers found it necessary to cancel all consumer debt from time to time to keep peasants from becoming permanent debt-peons and thus to keep society from being torn apart - a phenomenon all the more interesting from the perspective of our debt-laden 21st century:
"Mesopotamian city-states were dominated by vast Temples: gigantic, complex industrial institutions often staffed by thousands - including everyone from shepherds and barge-pullers to spinners and weavers to dancing girls and clerical administrators, [and these Temples owned many of the assets of the city-state]. ...
"We don't know precisely when and how interest-bearing loans originated, since they appear to predate writing. Most likely, Temple administrators invented the idea as a way of financing the caravan trade. This trade was crucial because while the river valley of ancient Mesopotamia was extraordinarily fertile and produced huge surpluses of grain and other foodstuffs, and supported enormous numbers of livestock, which in turn supported a vast wool and leather industry, it was almost completely lacking in anything else. Stone, wood, metal, even the silver used as money, all had to be imported. From quite early times, then, Temple administrators developed the habit of advancing goods to local merchants - some of them private, others themselves Temple functionaries - who would then go off and sell it overseas. Interest was just a way for the Temples to take their share of the resulting profits.
"However, once established, the principle seems to have quickly spread. Before long, we find not only commercial loans, but also consumer loans - usury in the classical sense of the term. By C2400 BC it already appears to have been common practice on the part of local officials, or wealthy merchants, to advance loans to peasants who were in financial trouble on collateral and begin to appropriate their possessions if they were unable to pay. It usually started with grain, sheep, goats, and furniture, then moved on to fields and houses, or, alternately or ultimately, family members. Servants, if any, went quickly, followed by children, wives, and in some extreme occasions, even the borrower himself. These would be reduced to debt-peons: not quite slaves, but very close to that, forced into perpetual service in the lender's household - or, sometimes, in the Temples or Palaces themselves. In theory, of course, any of them could be redeemed whenever the borrower repaid the money, but for obvious reasons, the more a peasant's resources were stripped away from him, the harder that became.
"The effects were such that they often threatened to rip society apart. If for any reason there was a bad harvest, large proportions of the peasantry would fall into debt peonage; families would be broken up. Before long, lands lay abandoned as indebted farmers fled their homes for fear of repossession and joined semi-nomadic bands on the desert fringes of urban civilization. Faced with the potential for complete social breakdown, Sumerian and later Babylonian kings periodically announced general amnesties: 'clean slates,' as economic historian Michael Hudson refers to them. Such decrees would typically declare all outstanding consumer debt null and void (commercial debts were not affected), return all land to its original owners, and allow all debt-peons to return to their families. Before long, it became more or less a regular habit for kings to make such a declaration on first assuming power, and many were forced to repeat it periodically over the course of their reigns.
"In Sumeria, these were called 'declarations of freedom.' - and it is significant that the Sumerian word amargi, the first recorded word for 'freedom' in any known human language, literally means 'return to mother' - since this is what freed debt-peons were finally allowed to do. ...
"Nehemiah was a Jew born in Babylon, a former cup-bearer to the Persian emperor. In 444 BC, he managed to talk the Great King into appointing him governor of his native Judaea. He also received permission to rebuild the Temple in Jerusalem that had been destroyed by Nebuchadnezzar more than two centuries earlier. In the course of rebuilding, sacred texts were recovered and restored; in a sense, this was the moment of the creation of what we now consider Judaism.
"The problem was that Nehemiah quickly found himself confronted with a social crisis. All around him, impoverished peasants were unable to pay their taxes; creditors were carrying off the children of the poor. His first response was to issue a classic Babylonian- style 'clean slate' edict - having himself been born in Babylon, he was clearly familiar with the general principle. All non-commercial debts were to be forgiven. Maximum interest rates were set. At the same time, though, Nehemiah managed to locate, revise, and reissue much older Jewish laws, now preserved in Exodus, Deuteronomy, and Leviticus, which in certain ways went even further, by institutionalizing the principle. The most famous of these is the Law of Jubilee: a law that stipulated that all debts would be automatically cancelled 'in the Sabbath year' (that is, after seven years had passed), and that all who languished in bondage owing to such debts would be released.
"Freedom," in the Bible, as in Mesopotamia, came to refer above all to release from the effects of debt."
Author: David Graeber
Title: Debt: The First 5,000 Years
Publisher: Melville House
Date: Copyright 2011 by David Graeber
Pages: 64-65, 81-82
author: | David Graeber | |
title: | Debt: The First 5,000 Years | |
publisher: | Melville House | |
date: | Copyright 2011 by David Graeber | |
pages: | 64-65, 81-82 | |
tags: | ||
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Labels: #ows, apocalyptic economics, David Graeber, debt, media and money, network economics, occupy wall street, peasants, someone with a slightly larger radar than david brooks
4 ...Culture and the state — one should not deceive one-self about this — are antagonists: "Kultur-Staat" is merely a modern idea. One lives off the other, one thrives at the expense of the other. All great ages of culture are ages of political decline: what is great culturally has always been unpolitical, even anti-political. Toti
Labels: culture and the state, nietzsche, occupy this, occupy wall street, ows
I put forward at once — lest I break with my style, which is affirmative and deals with contradiction and criticism only as a means, only involuntarily — the three tasks for which educators are required. One must learn to see, one must learn to think, one must learn to speak and write: the goal in all three is a noble culture. Learning to see — accustoming the eye to calmness, to patience, to letting things come up to it; postponing judgment, learning to go around and grasp each individual case from all sides. That is the first preliminary schooling for spirituality: not to react at once to a stimulus, but to gain control of all the inhibiting, excluding instincts. Learning to see, as I understand it, is almost what, unphilosophically speaking, is called a strong will: the essential feature is precisely not to "will" — to be able to suspend decision. All unspirituality, all vulgar commonness, depend on the inability to resist a stimulus: one must react, one follows every impulse. In many cases, such a compulsion is already pathology, decline, a symptom of exhaustion — almost everything that unphilosophical crudity designates with the word "vice" is merely this physiological inability not to react. A practical application of having learned to see: as a learner, one will have become altogether slow, mistrustful, recalcitrant. One will let strange, new things of every kind come up to oneself, inspecting them with hostile calm and withdrawing one's hand. To have all doors standing open, to lie servilely on one's stomach before every little fact, always to be prepared for the leap of putting oneself into the place of, or of plunging into, others and other things — in short, the famous modern "objectivity" — is bad taste, is ignoble par excellence. @#$@#$
Labels: learning, nietzsche, spirituality, twilight of the idols, will to not will
Labels: pliny