RT @MarketWatch: "Three decades of neoliberal policies have decimated the middle class, our economy, and our democracy," writes Nobel winne…
Democracy, Oligopoly, Globalism and Fascism
Dangerous interpreation of Democracy and other slogans
Let the too big to fail FAIL and the sickening process will reverse. Smaller companies will pick up the parts and convert these into a rewarding economic activity. Employment will improve and the Middle-class (which makes a poor country rich) will prosper.
Absolutism: Was broken by the Magna Charta anno 1215. Magna Carta was the first document forced onto an English King by a group of his subjects, the feudal barons, in an attempt to limit his powers by law and protect their privileges. It was preceded and directly influenced by the Charter of Liberties in 1100, in which King Henry I had specified particular areas wherein his powers would be limited.
Fascism: Fascists seek rejuvenation of their nation based on commitment to an organic national community where its individuals are united together as one people in national identity by suprapersonal connections of ancestry, culture, and blood through a totalitarian single-party state that seeks the mass mobilization of a nation through discipline, indoctrination, physical education, and eugenics. It seeks to purify the nation of foreign influences that are causing degeneration of the nation or that do not fit into the national culture. It is opposed to many ideologies, including conservatism, liberalism, and two major forms of socialism: communism and social democracy. It opposes a variety of economic, political and social systems, it is opposed to democracy, parliamentary systems, in most cases has an inherently anti-clerical background with some exceptions, and holds a distinctive opposition to capitalism. The fascist state is led by a supreme leader who exercises a dictatorship over the fascist movement, the government and other state institutions. Fascism's basis of legitimacy of this state is its conception of the nation and its well-being in qualitative values and belief that a nation must be led by qualitatively-able leaders while rejecting democracies for being based on quantitative evaluation of individuals and their opinions rather than qualities. It supports action, discipline, hierarchy, spirit, and will and rejects universal egalitarianism, materialism, and rationalism. To achieve its goals, fascists purge forces, ideas, people, and systems deemed to be the cause of decadence and degeneration. It claims to represent a synthesis of cohesive ideas previously divided between traditional political ideologies.
Monopoly & Oligopoly: A monopoly (from Greek monos / μονος (alone or single) + polein / πωλειν (to sell)) exists when a specific person or enterprise is the only supplier of a particular commodity. (This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly which consists of a few entities dominating an industry)[clarification needed] Monopolies are thus characterized by a lack of economic competition to produce the good or service and a lack of viable substitute goods. The verb "monopolise" refers to the process by which a company gains much greater market share than what is expected with perfect competition.
A monopoly is distinguished from a monopsony, in which there is only one buyer of a product or service ; a monopoly may also have monopsony control of a sector of a market. Likewise, a monopoly should be distinguished from a cartel (a form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all situations such that one or a few of the entities have market power and therefore interact with their customers (monopoly), suppliers (monopsony) and the other companies (oligopoly) in a game theoretic manner – meaning that expectations about their behavior affects other players' choice of strategy and vice versa. This is to be contrasted with the model of perfect competition in which companies are "price takers" and do not have market power.
Democracy: is what we think we have but we have not!
Free Market enterprise: is what we should have as free market enterprise brings prosperity to all classes of society.
A free market is a competitive market where prices are determined by supply and demand. It is primarily found in countries where economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts. Free markets differs from situations encountered in controlled markets or a monopoly, which can introduce price deviations without any changes to supply and demand. Advocates of a free market traditionally consider the term to imply that the means of production is under private, and not state control or co-operative ownership. This is the contemporary use of the term "free market" by economists and in popular culture; the term has had other uses historically.
A free-market economy is one within which all markets are unregulated by any parties other than market participants. In its purest form, the government plays a neutral role in its administration and legislation of economic activity, neither limiting it (by regulating industries or protecting them from internal/external market pressures) nor actively promoting it (by owning economic interests or offering subsidies to businesses or R&D).
Monday August 31, 2009
Port St-Lucie City Council meetings turn ugly. Social unrest and sometimes WAR always follow an economic Depression. It's an era of anger in America and probably not the best of times to be a politician. Nationally, town hall meetings where "Obama-care" is routinely decried have degenerated into hate-fests. Reports of people arriving armed to the teeth with semi-automatic weapons are really scary. The 2nd revolution has in fact already begun. No taxation without representation. Remember the Tea parties? It was only months ago and it is getting worse. We have more than an economic problem...
Democracy has ceased to exist. The election process has become a Political Reality show with a known outcome. Politicians get elected from Father to Son and from Man to Woman. Authorities and Bankers have become the Modern Kings, Barons and Nobles. Which ever political party gets elected, the outcome and the way elected politicians rule a country is the same for they have become a breed of their own living for themselves and not for the People.
Natural market forces are being corrupted because of the principle of "Too Big to Fail" and large uncompetitive, uneconomic companies are incorrectly kept alive hereby destroying the last bits of Free market entrepreneurship and sound competition. The larger and the more complex an organization (J. Tainter) the more expensive and harder it is to operate it in a profitable way. Globalism is nothing but a false myth sold by the very companies and Governments benefiting from it. In reality it is immoral because it kills local manufacturing (no country can survive by selling "Services" only). Supra-national Fiat Paper currencies (Euro, Dollar) ensure a country cannot adjust its domestic economy properly. Such results into a two class system with rich and poor which doesn't work, never has and never will.
Examples of such huge companies are:
- Banks and Financial sector: Goldman Sachs, Morgan Stanley, AIG, Citicorp, Wall Street, Soc. Générale, ABN-Amro, ING, UBS, Banco Santander [Banks too big to fail have become even bigger]
- Automobile sector: GM, Ford
- Military Equipment co's: Halliburton, Boeing, McDonnell Douglas, Lockheed Martin, Dassault Aviation,
- Agricultural sector & chemicals: Monsanto (Roundup and genetically engineered seeds), BASF
- Telecommunications: ATT, Telefonica
- Airline companies: Air France-KLM,
- Pharmaceutical co's: Pfizer, Bayer, GlaxoSmithKline, Novartis (Sandoz & Ciba-Geigy)
- Food distribution: Wal-Mart, Carrefour, Food Lyon
- Oil Companies: even the 7 sisters have been taking over each other.
- Breweries: Anheuser-Busch InBev
- Food manufactures: Health food, Bio-food (all food is biologically grown)
- Media (when you own the Media and the Banks you can play 'ALL' the games you want)
A similar process was experienced prior to the Second World War and it was in fact the Big German Industry which put Hitler into power.
Assuming we have social unrest and/or War, there are (unfortunately) few good investing solutions.
Gold coins, Gold and Silver are obviously important. Agricultural land is a lot better than Commercial Real Estates, Condo's and Single Family homes.If only there was a country not running on Fiat Paper Money and debt: Having Global Markets, it is extremely difficult to select a country of which the Stock and the Bond market will survive. When the Rule of Law becomes the self-interest of the state, no one is safe. Your future is destroyed and not even your savings are secure. Whenever the rule of law gives way, the collapse of the state is not far behind. All excess capital flees the country and investments that create employment disappear. It becomes a vicious circle of which there is no escape until all is lost.