Monthly Archives: June 2014

ON WE MARCH LEAVING FUTURE GENERATIONS THE PROBLEMS OF INEQUILITY

30 Monday Jun 2014

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This is a vast subject on which millions of knowledgeable words have been written down the centuries with little or no effect.

I am sure you will agree however no matter who was writing it is the people who are in pursuit of social change, and constantly bring attention to issues of equal rights and privileges, are often the people who do not have them. The ones who suffer daily from different levels of multidimensional inequality are the ones that see it is impossible to be politically equal.

The source of present day conflicts. 

The majorities at the bottom of the apex, with very limited power, are unable to make choices that would bring them to their ends. 

It is easy for us to say what should be done, but few of us can carry out what needs to be done.

ALL THOSE WORDS AND VOILA! WHERE ARE WE TO DAY?

With a Capitalist market which is earthly constructed that can only dole out earthly rewards.

If we continue to have so many social and economic inequalities our standard of living seems to be declining because we aren’t economically equal.

Some say in order to remove inequalities we must increase the minimum wage to a living wage. This will indeed save the middle classes and in doing so could reduce the need for food banks, social welfare benefits, and the like. In my view it would be a mistake to focus on growth and let inequality take care of itself, not only because inequality may be ethically undesirable but also because the resulting growth may be low and unsustainable.

Equality will not stop inequality of opportunity, education, health nor will it take people out of poverty. It will only move the reasons for inequality to a higher plane.

The drive to higher and more sustainable growth does not in itself support efforts to the redistribute of wealth.

There is an argument that a re-distributive system will slow innovation on quality of life improvements. Further, re distributive policies rely on the wisdom of the ‘redistributor.’ Freedom to choose those resources has been moved to the bureaucrat and politician and will ultimately lead us down the path of financial protectionism.

Now you might not agreed with the content of the above Paragraph but it is already in progress with more and more countries turning to Sovereign Wealth Funds’ (SWF) to protects their futures.  ( See Previous blogs)

These Funds have no outside beneficiaries or liabilities (beyond the government or the citizenry in abstract) they invest their assets, either in the short or long-term, according to the interests and objectives of the sovereign sponsor.

More and more Governments around the world see SWFs as an insurance policy for a potential future problem.

Political equality the most value of democratic theory. The idea that all have the capacity to make political and moral decisions and that we are equally qualified to rule is a long way off, if ever has long gone out the window.

What are the chances now that we have the start of Climate change that we can act as one. Fat chance of that coming about as the Climate is a salable product- CO2 carbon credits ( not worth the paper they are written on)

There is much work to be done Globally in a tight time frame if we don’t want mass immigration.

Development is about people: either poor people have ways to become richer where they are now, or they can become rich by moving somewhere else.

Rest assured that with CLIMATE CHANGE THIS IS EXACTLY WHAT IS GOING TO HAPPEN.

With this in mind, it seems that most of these theories about re distribution of wealth come from fairly elite class perspectives and, in turn, tend to be more pessimistic about bringing change to the inequalities they are evaluating.

When in fact what will happen is that these SWFs will reach out to each other taking advantage of the forthcoming crisis forming partners or in “clubs.”capital.

These funds that Sovereignty Wealth Funds bring to the table are committed to improving their investment capabilities not reducing income inequality. They have taken advantage of the financial crisis by acquiring valuable human resources which has nothing to do with improving the quality of living for the masses.

If not Capped they will along with Climate Change they will rewrite the map of global.

There is only one solution. Make Greed Contribute. ( See previous Blogs)

 

 

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WE LIVE IN A WORLD STILL FUMBLING IN DARKNESS

26 Thursday Jun 2014

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Today “governments are everywhere embracing the free-market gospel, but should we leave the Capitalist free Market to handle Climate Change.

The answer is no.

History tells us so.  History Does Not Show that Business Forces Make Companies Efficient. Some claim free markets lead to greater prosperity than other economic policies.

I say that the selfish simply spend the extra money on themselves thereby setting an example for others that if you want a more affluent lifestyle you should be selfish. Left to regulate themselves in terms of climate change and the environment they are all ready turning both into products for Profit.

If we need pollution control, we don’t want it regulated by industrial companies.

We can choose to eat, drink and be merry today and die tomorrow; or we can choose to put limits on what we do today in order to live tomorrow. 

Consumer Choices Aren’t The Best Means For Citizens To Make Binding Group Decisions

There is more to life than merely increasing one’s money as fast as possible. A sense of security and dependability has some human value also.

Under American values any business with a conscience is at a disadvantage competing with companies without a conscience. These values are illustrated most dramatically by the wave of the future: telecommunications, the Internet, advanced computer technology, and the other wonders created by the exuberant American entrepreneurial spirit all unleashed by the market, by the huge transfer of public funds to private power, often under the traditional guise of “security.

We must put aside the intriguing contrast between doctrine and reality.

Meanwhile privatization proceeds apace elsewhere with Sovereign Wealth Funds taking control of the earth resources.

Control over food raises even more serious questions, in this case about survival.

Control over food supplies by foreign corporate giants is well under way, and with the agreement on telecommunications signed and delivered, financial services are next in line.

Just look at one important recent case, over considerable popular opposition the government of Brazil has decided to privatize the Vale Company, which controls vast uranium, iron, and other mineral resources and industrial and transport facilities, including sophisticated technology.

Also recently if you look a the Concentration of communications in any hands (particularly foreign hands) raises some rather serious questions about meaningful democracy.

Similar questions arise about concentration of finance, which undermines popular involvement in social and economic planning.

The free market gospel is preached (to the poor and defenseless) while protectionism through Sovereignty Wealth Funds is reaching unprecedented heights, and what are Administrations doing. Poured public funds into high-tech industry with unusual abandon.

Here we begin to reach the heart of the matter. Sovereign wealth funds activities must be caped if we want a free market and not Protectionism.

(See previous blogs)

We shall require a substantially new manner of thinking if mankind is to survive.”

23 Monday Jun 2014

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Stupidity has been around since the dinosaurs.

As Albert Einstein said  “Surely there is no-show that can possibly equate to the amount of mental diarrhea that is presented in every single microsecond.”

YOU MIGHT WELL ASK   “Why does applied science, which saves work and makes life easier, bring us so little happiness? The simple answer runs: Because we have not yet learned to make sensible use of it.”

Here is an Idea that might make a difference.

These days we carry cool devices that let us carry the world in our pockets, so why not use them to spread wealth, health, food aid and the like.

Its time we set a price on nature.

The people of the world can be asked whether and how much they prize the two values of nature – use value and non-use value.

This can be done WITH AN UNITED NATIONS APP that rewards the user by issuing a United Nations Food voucher to the deprived.

We would soon know what is valued and what is not.

Nature provides ecosystem services, and we trash it at our peril.

Our activities have put and are putting priceless resources – fresh water, clean air, oceans, and our climate at risk.

Man tries to make for himself in the fashion that suits him best a simplified and intelligible picture of the world; he then tries to some extent to substitute this cosmos of his for the world of experience, and thus to overcome it.

This is what the painter, the poet, the speculative philosopher, and the natural scientists do, each in his own fashion. Each makes this cosmos and its construction the pivot of his emotional life, in order to find in this way peace and security which he can not find in the narrow whirlpool of personal experience.  Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are even incapable of forming such opinions.

We shall require a substantially new manner of thinking if mankind is to survive.

A critical landmark in the sage of global climate change is occurring right in front of our eyes. If you are a non believer try Googling the Carteret Islanders of Papua New Guinea. They have become the world’s first entire community to be displaced by climate change.

Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world so why not use it.

Not one statesman in a position of responsibility has dared to pursue the only course that holds out any promise of peace, the course of sharing wealth since for a statesman to follow such a course would be tantamount to political suicide. This is why we must cap greed. ( See previous blogs)

Only a life lived for others is a life worth while .

A human being is part of the whole, called by us ‘Universe,’ a part limited
in time and space.

 

 

Do you or would you believe Him?

20 Friday Jun 2014

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Some months ago I posted a blog under the Title.

” Has Tony got what it takes to be talking about Poverty ” (01/02/2014)

Well in case you missed it don’t worry. Mr Tony Blair never really went away.

He is back with a vengeance.  The peace envoy that advocated War at the drop of a hat and then genuflect for forgiveness for becoming a recruiting officer for AL-Qaeda.

Now he wants his buddies in the USA to Bomb the very group he has help to establish ISIS who are according to him are marching across Europe to invade England..

Is he Mad or Bad?

How does he sleeps at night without screaming is beyond me.

Hundreds of thousands of Iraqi deaths, millions of refugees, not mention the billions, the torture, the resulting grieving widows and orphan children and spreading of the conflict. All over a lie that is now plunging Iraqi into a sectarian civil war.

I stopped breathless when he is put forward as the President of the European Commission. Hired hypocrisy.

He is a deluded war criminal that was arrested by a waiter who does not want forgiveness.   He will never get it with out enlightenment to humble himself before self destruction swings dizzily across his mental vision.

In the mean time he continues to sign books and charge enormous fee for talks and recently in case you also miss it he has become an adviser for the Government of Vietnam.

God bless the man.

 

 

 

ONE OF OUR CONCERN SHOULD BE ABOUT. SOVEREIGN WEALTH FUNDS

18 Wednesday Jun 2014

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Yes its back to one of my favorite hobbyhorse the future curse of Privatization upon the Worlds natural resources and ever thing else, it seems by Sovereign Wealth Funds. (SWFs)

Should you be concerned about their activities?

Sovereign wealth funds (SWFs) have been quietly accumulating, investing and spending excess reserves since the first SWF, the Kuwait Investment Authority, was established in 1953.

While none of these funds disclose the extent of their assets, they are widely perceived as ranking among the world’s richest institutional investors, not to mention the most secretive.

According to estimates from the Sovereign Wealth Fund Institute, Saudi Arabia’s SAMA Foreign Holdings’ assets total $675.9bn, Abu Dhabi Investment Authority’s (ADIA) $627bn, Kuwait Investment Authority’s (KIA) $386bn and Qatar Investment Authority’s (QIA) $170bn.

Yes we should all be concerned.

The emerging map of the twenty-first century is that global capitalism favors the holders of financial assets over domestic institutions.

What is called the Microeconomics circumstances of the Western Countries is not helping.  It is causing foreign governments to expand their SWFs.

Sovereign Wealth Funds are replacing the International Monetary Fund (IMF) as the lender of the last resort.

Recently in the financial crises they bailed out many a countries Banks.

Markets are supposed to be self-regulating. Their efficiency is built on a carefully designed institutional infrastructures which is being eroded or undercut by the financial clot of SWFs  (East Asia, China SWFs)

It is time to call their very purpose into question.

Why? Because they are managed by money people how are in the business of short-term investment, driven by speculative activities.

(When a quick kill for profit is at the forefront of investment, long-term values become blurred.)

They will if not caped become an ever increasing de-stabilizing factor in the global financial Systems.

They are nothing other than fully operational investment vehicles that are not contributing anything to solving any of the World Problems, such as climate change, poverty, inequality, wealth distribution, pollution, water deprivation.

Should they be allowed to invest willy-niley around the world without totally transparent? No. Poor countries natural resources are at their mercy.

Although SWFs must be cognizant of possible retaliatory actions, such as asset freezes and/or asset confiscations, that can be taken against their investments for things such as political disagreements or court rulings that hold SWFs responsible for the actions of their host country’s citizens. They have a narrow mission, to acquire Assets to generate funds for the countries with SWFs.

“We need to have a lot more control over what they do and how they do it.”

A whole lot of questions are ignored these days when it come to making Profit. Our concern should be about who is behaving in ways that have adverse effects on our societies.

If you don’t believe me why not ask Mr Cameron who recently had a chat with the Chines president Mr Xi Jinping. I am sure what ever business he managed to squeeze out of him in exchange for an Audience with the Queen will be financed by China Sovereign Funds. High speed rail to Peking.

A New Form of Capitalism that is shifting the balance of power globally.

 

 

The image which man has of himself and his environment.

15 Sunday Jun 2014

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The earth is the foundation of all life, so taking care of the earth and its resources should be a responsibility shared by all .

We are now in the middle of a long process of transition in the nature of the image which man has of himself and his environment.

Primitive men, and to a large extent also men of the early civilizations, imagined themselves to be living on a virtually illimitable plane. There was almost always somewhere beyond the known limits of human habitation, and over a very large part of the time that man has been on earth, there has been something like a frontier. That is, there was always some place else to go when things got too difficult, either by reason of the deterioration of the natural environment or a deterioration of the social structure in places where people happened to live.

The image of the frontier is probably one of the oldest images of mankind, and it is not surprising that we find it hard to get rid of.

All resources are interconnected, so a deficiency in one area puts pressure on all others.

People are putting increasing demands on the earth’s resources in many ways – the need for more food puts pressure on the land and fishing resources, power, fuel and building resources are over-used, our technology demands all sorts of new raw materials, even space for living can be in short supply.

With 7 billion people on the planet – theoretically from today – there will be an inevitable increase in the demand on the world’s natural resources.

Here are six already under severe pressure from current rates of consumption:

The six natural resources most drained by our 7 billion people

1. Water

Freshwater only makes 2.5% of the total volume of the world’s water, which is about 35 million km3. But considering 70% of that freshwater is in the form of ice and permanent snow cover and that we only have access to 200,000km3 of freshwater overall, it isn’t surprising that demand for water could soon exceed supply. The Food and Agriculture Organisation of the United Nations is predicting that by 2025, 1.8 billion people will be living in countries or regions with absolute water scarcity.

2. Oil

The fear of reaching peak oil continues to haunt the oil industry. The BP Statistical Review of World Energy in June measured total global oil at 188.8 million tonnes, from proved oil resources at the end of 2010. This is only enough to oil for the next 46.2 years, should global production remain at the current rate.

3. Natural gas

A similar picture to oil exists for natural gas, with enough gas in proven reserves to meet 58.6 years of global production at the end of 2010.

4. Phosphorus

Without this element, plants cannot grow. Essential for fertilizer, phosphate rock is only found in a handful of countries, including the US, China and Morocco. With the need to feed 7 billion people, scientists from the Global Phosphorus Research Initiative predict we could run out of phosphorus in 50 to 100 years unless new reserves of the element are found.

5. Coal

This has the largest reserves left of all the fossil fuels, but as China and other developing countries continue to increase their appetite for coal, demand could finally outstrip supply. As it is, we have enough coal to meet 188 years of global production.

6. Rare earth elements

Scandium and terbium are just two of the 17 rare earth minerals that are used in everything from the powerful magnets in wind turbines to the electronic circuits in smartphones. The elements are not as rare as their name suggests but currently 97% of the world’s supply comes from China and they can restrict supplies at will. Exact reserves are not known.

MAN IS DESTINED TO FIND AND CONSUME MORE ENERGY, AND STILL MORE FOREVER.

Our ever-rising ability to do more things faster, and impose more order of our own choosing anywhere we like is bad for the rest of the planet.

It will not have escaped your notice that doomsday-est are never listens to.

At the risk of being called a doomsday spoil sport there is only one solution and that is to tap into mans greed. ( See previous posts)

ARE WE ALL DEAF OR IS IT THAT WE DON’T GIVE A FUCK

13 Friday Jun 2014

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Have you not heard?

“Temperatures are going up. Springs are arriving earlier. Ice sheets are melting. Sea level is rising. The patterns of rainfall and drought are changing. Heat waves are getting worse, as is extreme precipitation. The oceans are acidifying.”

But people generally do not understand that the problem is urgent — that the fate of future generations (not necessarily that far in the future) is being determined by emission levels now.

Moreover, the average citizen tends to think there is more scientific debate about the basics than there really is.

“Nobody on this planet is going to be untouched by the impacts of climate change,”

“Throughout the 21st century, climate-change impacts are projected to slow down economic growth, make poverty reduction more difficult, further erode food security, and prolong existing and create new poverty traps, the latter particularly in urban areas and emerging hot spots of hunger,”

The world survives by way of an ecosystem and that system is the core of all living things. For many years now scientists have warned that our cavalier attitude toward preservation of the ecosystem will cause it to begin breaking down, however, their warnings often fell on deaf ears.

WHAT CAN BE DONE ABOUT IT NOW.

IT IS MY BELIEF THAT SINCE MAN STARTED TO OWN THINGS HIS GREED STARTED TO DESTROY THE VERY THINGS HE OWNED IN THE FIRST PLACE AT THE EXPENSE OF EARTHS NATURAL RESOURCES FOR SHORT TERM PROFIT.

EVERYTHING BECAME A COMMODITY TO BE SOLD. THE LESS OF IT THE MORE EXPENSIVE.

IT HAS TAKEN MILLENARY TO SEE THE REVERSE HAPPENING.

IF WE VALUE THE ESSENCE OF LIFE, WATER, CLEAN AIR, ENERGY AND FOOD THERE IS NO APP TO DOWNLOAD. WE MUST MAKE GREED PAY FOR IT.  ( See previous blogs )

THERE IS NO ALTERNATIVE TO DRINKING WATER.

12 Thursday Jun 2014

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Water is complicated.

Unlike coal or petroleum water cannot be replaced.  It is intertwined with every sector of society.  Energy production, Agriculture, Industry.

It won’t be long before we will have move people to water.

The problem is that we humans are searching for it on Mars when we need be searching for ways to produce more water on earth.

97% of the water we have is Saltwater, with 2% is trapped in ice that leaves 1%. To put it another way : If all the water on earth was represented by an 11 litre jug, the fresh water would fill a singles cup, and we can only access the last drop.

Now if we keep growing in world population only by 2030 the demand for water will out strip supply by 40%.

We have had two waves of resource-driven imperialism in the modern era. Gold and Oil.

The third wave is currently being fought over the most valuable natural resource  WATER – Iraq, Libya, Syria.

Why bother with missiles,bullets and the like just turn the tap off and the wars will end.

At the moment France’s global mega water companies: Suez, Ondeo, and Saur, control almost half of the world’s $400 billion water market.

Syria controls 40% of Israel’s water.

Water is the commodity that determines the wealth and stability of nations and will in the not so distant future spell the difference between greatness and decline.

Now I can hear you saying what can I do about it.  All one can see is Conflicts, Poverty, Modern Day Slavery, Climate Change, Corruption, Greed.

Here is what you can do.

To stop Sovereign Wealth Funds Privatizing what is left of Fresh water you can read my previous blogs and get involved  to lobby the United Nations to introduce a World Aid Commission of 0.05%  on all Foreign Exchange Transaction over $20,000.

The funds raised by this commission can be used to protect what is of value to us all.

 

 

 

 

THE DOMINANT CAPITALIST SYSTEM – GREED MUST BE CAPPED.

05 Thursday Jun 2014

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We are coming up to the seventh commemoration of World War Two when hundred thousands of young souls gave their lives to stop the spread of Fascism in Europe which is now once more knocking on the door of Brussels. We all know the reasons why. The distribution of wealth remains in the hands of the rich.

At this point I could wax lyrical for pages and pages about what really makes one rich in our lives to no avail. So let’s look at one of the reasons why a tattooed individual is going to take his seat in the European Parliament with a swastika on his arm.

The euro zone unemployment rate has hit a record high at 11.8% with 18.8m people out of jobs.

 

A tiny elite are getting richer, the rest of us are getting poorer.

This is a familiar story in a world where greed and extreme wealth are central to the dominant capitalist system.

The annual Forbes billionaires list is an opportunity to test politicians promises that we are really

“All In It Together”.

The latest Forbes ranking, totalling a record 1,426 super rich (120 more than last year), globally represents a fortune of $5.4 trillion. That’s up from the $4.6 trillion a year earlier.

As you might expect, the United States continues to dominate the list, with 442 super-rich, followed by Asia-Pacific, with 386, and rest of the Americas producing 129 and the Middle East & Africa 103.

Although now the epicentre of austerity, the EU contributes heavily to the American business magazine’s hall of shame. And many of the richest among them have become even more filthy rich.

This at a time when most people on the Old Continent have been getting poorer, by 14%, to be exact, or one trillion dollars, according to a recent Credit Suisse study looking at household wealth.

The gap between rich and poor has grown even in the most traditionally egalitarian European countries, such as Germany, Denmark and Sweden, with the average income of the richest 10% compared to the poorest 10% rising from 5 to 1 in the 1980s to 6 to 1 today, according to a OECD reported published in December 2011.

Divided We Stand:  Why Inequality Keeps Rising” .

Our most urgent priority is to build Europe on the basis of equality, solidarity, and authentic democracy.

EU institutions and European governments now serve the interests of financial markets, with no respect for popular sovereignty. They must be brought under democratic control, just as the public interest must prevail and ecological and social needs be met. We base our demands for a democratic, social, ecological and feminist Europe on these principles, in solidarity with the people’s of the world.

Austerity policies attack economic and social rights and dismantle social protection. They lead to a drop in the standard of living and in many countries to acute humanitarian distress. The consequences are massive unemployment as well as a serious downgrading of working and living conditions. These, in turn, lead to unacceptable increases in poverty: today, 120 million people in the EU are poor.

For decades financial markets built and operated within a world economy in which they face no obstacles. The speculation they engaged in lies at the heart of most problems facing us today and still speculative traders continue to take money out of people’s pockets.

Now don’t get me wrong. I have nothing against a man getting rich or staying rich. The Capitalist system will ensure their existence, and long may they do so. No Wealth no Tax Mansion Tax or what ever tax will solve the problem of Greed.

However there is a way of getting Electronic Trading Platforms and Computer-driven algorithmic trading strategies and the like to contribute to the distribution of wealth worldwide.

The Foreign Exchange Market is known to be the largest financial market in the world, as measured by daily turnover. It is estimated to be anything from $3.2 trillion to $5 trillion a day. Six times larger than trading in US Treasury Bonds and thirty times larger than trading on the New york Stock Exchange.

A 0.05% AID COMMISSION ON ALL WORLD FOREIGN EXCHANGE TRADING WOULD DO THE TRICK.  SAVE THE WORLD FROM THE RICH.  ( SEE PREVIOUS BLOGS)

 

IS THIS ALL WE ARE? CONSUMERS.

02 Monday Jun 2014

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The richer we are and the more we consume, the more self-centred and careless of the lives of others we appear to become.

Even if you somehow put aside the direct, physical impacts of rising consumption, it’s hard to understand how anyone could imagine that economic growth is a formula for protecting the planet. So what we seem to see here is the turning of a vicious circle.  The more harm we do, the less concerned about it we become. And the more hyper consumerism destroys relationships, communities and the physical fabric of the Earth, the more we try to fill the void in our lives by buying more stuff.

All this is accompanied in the rich anglophone nations with the extreme neoliberalism promoted by both press and politicians, and a great concentration of power in the hands of the financial and fossil fuel sectors, which lobby hard, in the public sphere and in private, to prevent change.

How we break the circle and wake people out of this dream world is the question that all those who love the living planet should address.

There will be no easy answers. To succeed is to destroy ourselves. To fail is to destroy ourselves. That is the bind we have created.

Ignore if you must climate change, biodiversity collapse, the depletion of water, soil, minerals, oil; even if all these issues were miraculously to vanish, the mathematics of compound growth make continuity impossible.

Iron ore production has risen 180% in ten years. The trade body Forest Industries tell us that “global paper consumption is at a record high level and it will continue to grow.” If, in the digital age, we won’t reduce even our consumption of paper, what hope is there for other commodities?

Any market-based system to save the planet generates a clash between profit and protecting nature and it is usually resolved in favour of business. Just look at the price of carbon credits £2.80 below junk bonds.

All systems of Governments are flawed, but those that are controlled by private money are reduced to a subsidiary of the human economy. Nature is worthy of protection when it is profitable to business.

NOW I AM NOT THE ONLY PERSON ADVOCATING CHANGE.

THE PROBLEM IS COMBINING ALL THE VOICES INTO ONE THAT WILL HAVE AN EFFECT.

It is time that people matter more than profit.

The Foreign Exchange Market which is largely unregulated is $5.3 trillion a day. Just think what we could be achieved by a World Aid Commission of 0.05% . See previous Posts.

If you have any suggestions as to how we can achieve a United World Voice I am all ears.