Global Economic Intersection - Opinion Blog - Latest comments on Debt Slavery: Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped http://econintersect.com/b2evolution/blog2.php?disp=comments en-US http://backend.userland.com/rss 60 LeonovaBalletRusse [Visitor] in response to: Debt Slavery: Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped Thu, 05 Jan 2012 04:08:28 +0000 LeonovaBalletRusse [Visitor] c3498@http://econintersect.com/b2evolution/ A comment by Rotter at NakedCapitalism http://www.nakedcapitalism.com/2012/01/is-management-getting-worse.html <br /> <br /> <blockquote><em>"Neoliberal economists base this philosophy on the belief that neoclassical economic theory is correct&#8221;<br /> <br /> "The moral degeneracy, which is inherent in capitalist economies, has become the ruling anti-ethic. The problems we are facing now, have no rational explanation and are mainly caused by a culture that rewards (in the short term) behaviors such as lying, stealing, cheating, etc., I see no possbility of a happy ending, or even of a dignified one. These values of a rotted culture have been passed on to the past two generations and so have become normative. Rotten, Corrupt and incompetent buck passing are normal now, how do you turn that around? I dont think you do, not in any way in which the old order survives."</em></blockquote><br /> <br /> rotter, you speak stark truth. See &#8220;Debt Slavery: Why It Destroyed Rome, Why It Will Destroy Us Unless It&#8217;s Stopped&#8221; by Michael Hudson (&#8220;CounterPunch&#8221; on December 2-4, 2011; &#8220;Frankfurter Algemeine Zeitung&#8221; on December 5, 2011; &#8220;Global Economic Intersection&#8221; on January 4, 2012&#8211;http://econintersect.com<br /> <br /> What compounds the problem is drug addiction and the drug trade, especially among the 1%, but largely among the 99%. Cocaine addiction is almost impossible to kick, and there is a very high recidivism rate. Our nation is awash in deeply addictive drugs: heroin, crack, smack, cocaine, alcohol, marijuana, TV, cellphones, instant messaging, Facebook, computer games, pornography. It&#8217;s the &#8220;Opium Wars&#8221; writ larger. The addicted are *done*: ruined, compromised, enslaved, complicit in crimes. They cannot face reality.<br /> <br /> Only the sober can rise to the occasion to deal with the reality before us. But how?<br /> <br /> As for an alternative to Late Stage &#8220;Market&#8221; Capitalism&#8211;a proven humane Capitalism exists. Its model is the benevolent cycle of funding and assisting of &#8220;local&#8221; visionary leaders with solutions and creative alternatives on the ground, world-wide. At the risk of being shot at sunrise, I reveal what the model is: the Open Society Foundations and their beneficiaries globally. This is the vivid open democracy of Pericles and Karl Popper&#8217;s &#8220;open society,&#8221; the efficacious result of &#8220;scientific experiments&#8221; in the field of political economy, creating change based on empirical evidence, in test after test. This is a Just Design for replication throughout the world, bringing change for the good of HUMAN society, &#8220;in the blink of an eye.&#8221;<br /> <br /> Why not set this model to work in a New Capitalist System of, by, and for the American People in C.21? We have nothing to lose but our enslavement to the &#8220;NOBILITY and Analogous Traditional Elites in the Allocutions of Pius XII,&#8221; our slavemasters in C.21. Who will say: &#8220;I am Spartacus?&#8221;
"Neoliberal economists base this philosophy on the belief that neoclassical economic theory is correct”

"The moral degeneracy, which is inherent in capitalist economies, has become the ruling anti-ethic. The problems we are facing now, have no rational explanation and are mainly caused by a culture that rewards (in the short term) behaviors such as lying, stealing, cheating, etc., I see no possbility of a happy ending, or even of a dignified one. These values of a rotted culture have been passed on to the past two generations and so have become normative. Rotten, Corrupt and incompetent buck passing are normal now, how do you turn that around? I dont think you do, not in any way in which the old order survives."


rotter, you speak stark truth. See “Debt Slavery: Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped” by Michael Hudson (“CounterPunch” on December 2-4, 2011; “Frankfurter Algemeine Zeitung” on December 5, 2011; “Global Economic Intersection” on January 4, 2012–http://econintersect.com

What compounds the problem is drug addiction and the drug trade, especially among the 1%, but largely among the 99%. Cocaine addiction is almost impossible to kick, and there is a very high recidivism rate. Our nation is awash in deeply addictive drugs: heroin, crack, smack, cocaine, alcohol, marijuana, TV, cellphones, instant messaging, Facebook, computer games, pornography. It’s the “Opium Wars” writ larger. The addicted are *done*: ruined, compromised, enslaved, complicit in crimes. They cannot face reality.

Only the sober can rise to the occasion to deal with the reality before us. But how?

As for an alternative to Late Stage “Market” Capitalism–a proven humane Capitalism exists. Its model is the benevolent cycle of funding and assisting of “local” visionary leaders with solutions and creative alternatives on the ground, world-wide. At the risk of being shot at sunrise, I reveal what the model is: the Open Society Foundations and their beneficiaries globally. This is the vivid open democracy of Pericles and Karl Popper’s “open society,” the efficacious result of “scientific experiments” in the field of political economy, creating change based on empirical evidence, in test after test. This is a Just Design for replication throughout the world, bringing change for the good of HUMAN society, “in the blink of an eye.”

Why not set this model to work in a New Capitalist System of, by, and for the American People in C.21? We have nothing to lose but our enslavement to the “NOBILITY and Analogous Traditional Elites in the Allocutions of Pius XII,” our slavemasters in C.21. Who will say: “I am Spartacus?”]]> http://econintersect.com/b2evolution/blog2.php/2012/01/04/debt-slavery-why-it-destroyed-rome-why-it-will-destroy-us-unless-it-s-stopped#c3498 Frank Li [Visitor] in response to: Debt Slavery: Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped Wed, 04 Jan 2012 16:54:31 +0000 Frank Li [Visitor] c3497@http://econintersect.com/b2evolution/ Very educational! http://econintersect.com/b2evolution/blog2.php/2012/01/04/debt-slavery-why-it-destroyed-rome-why-it-will-destroy-us-unless-it-s-stopped#c3497