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The euro is quickly becoming worthless. The below link shows a Euro valued at 1.05 USD on March 14th 2015. The value is lower than any time in the previous 4 years, even as the euro crisis was in what we are now told was its worst period of chaos(Source 1: https://www.google.at/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=1+EUR+in+USd).

This crude yet accurate Google Finance chart shows anyone who can read that the euro has not fallen below 1.20 USD since at least 2011. Now what this means is that until the end of 2014 the euro was worth 20% more than the dollar. Now just a number of months in 2015, it happens to be more or less parity, as in it’s now more or less equally as worthless as the World’s main reserve currency.

A quick Google brings us to source 2 (http://ec.europa.eu/economy_finance/publications/qr_euro_area/2014/pdf/qrea2_section_2_en.pdf) which is a report by the European Commission measuring inflation over the last number of years(2015 figures not yet being available). Inflation has been falling as shown on page one of the report which states it fell from 2.7% in 2011 to 0.6% on average for the first half of 2014. However there has still been positive inflation, that is to say although prices are not rising as fast, they are still rising marginally or in plain English staying more or less the same at 0.6% aside from the very unorthodox oil price falls in late 2014, early 2015, which may be an externality that actually causes negative price levels, i.e. real and harsh drops in the price of everyday goods and services.

The first thing I learnt in a macroeconomics course in early 2010 was that the level of price movement being located around 0% or between 0%-1% indicates a dead economy. Prices need to go up or they need to go down to indicate either a vibrant or a really sick economy(as in prices not rising quite as fast does not mean deflation in its’ truest sense). An economy with little to no price movement in either direction is an economy that’s dead on its feet.

This is not an altogether unknown phenomenon but it is a relatively unheard of one. The most accurate economic term for Europe at present would be stagflation, except that stagflation is not what is actually happening, but rather Stagnation. Yet this is on a completely sectional level, whereby the economy itself is stagnating (while inflating on paper but standing still or even shrinking despite relative price levels when things like debt and trade imbalances like unsustainable deficits/surpluses and various false accounting tricks like including or excluding the shadow economy are taken or even not taken into account).

As mentioned in source 1 above though this is a paradox considering the currency has collapsed by about 40% in the last four years and by about 15% alone in the last several months to date-What this means to me as a worker is if overall prices are not actually falling, and the currency is falling dramatically in value, then stagnating price levels will make people feel like prices are actually rising even as companies try more and more to convince us they are actually cutting prices, yet we feel the opposite effect in our back pocket, in our monthly bills and when we go shopping every week. If stagnation is what is actually happening day to day price wise, the currency is collapsing as a consequence of policy, and people feel ripped off and poorer because their worthless incomes  cannot afford already expensive goods/services/rents/mortgages etc. we have a sort of price stagnation-income value collapse-effective inflation paradox. It is as though the time value of money, how much money is worth today as opposed to tomorrow, is being deliberately accelerated by some invisible hand in some arseways fashion to make us all poorer.

This means our wages, profits, savings(if we have any left) are all increasingly worthless despite no real drop or rise in prices that would either mean A. In the case of deflation and internal devaluation of incomes, Less income or B. Less PPP(ability to buy) in the case of inflation.

If everybody’s income is increasingly worthless yet economic activity remains the same, (under a guise of  main Thoroughfare sales which tell us deflation is going on when in reality as the report above shows, the rate of inflation has merely come down to be almost insignificant) what is keeping the economy afloat? Possibly increased exports. Possibly debt. Possibly a combination of both. Possibly accounting tricks. Who knows, but whatever it is it can’t be good nor sustainable.

All we know for sure is that the euro is being printed to death yet while the currency collapses, and the value of incomes relative to this are as collapsing on paper as well, prices are staying more or less the same.

This means in effect, despite appearing to lose PPP(ability to buy) due to the collapse in value of our incomes courtesy of Godfather Draghi and pals in Frankfurt, and with prices not really falling, our incomes stay the same and we pay more for everything. Stagnation of all economic activity and most related indicators with some weird arsed de facto inflation.

This might actually sound like it makes sense except it doesn’t. The currency being printed so much ought to mean inflation with rising incomes/profits as a result of rising exports and economic activity to offset their falling value. Or so we are told. Yet it doesn’t as prices remained the same more or less throughout 2014 and everything indicates this will continue as the policy continues. So printing money only enriches those who already have lots of money and to whom the value of money is irrelevant-this is not rocket science and is no new discovery, but its manifestation is monstrously different from in similar monetary crises in the past, and poses in many ways a new economic equation, if indeed it isn’t a deliberate move by the powers that be to transfer wealth.

The question then becomes has the ECB got a vested interest, ideological or otherwise, in maintaining current economic activity levels while the currency collapses for the man on the street, even if it means while the ECB can boast it has fended off both deflation and inflation for the moment, the rest of us are poorer as a result as we feel what to us seems like back pocket or arseways inflation?

Other scarier questions worth thinking about are does the ECB see Great depression era unemployment, youth unemployment and income inequality in many constituent euro zone countries as a price worth paying?

Or scarier still, is this, and the many other realities for everyday European workers and SME’s, the intention of the policy itself? 

What advantage can there be to an increasingly centralised superstate to maintain economic stagnation by slowly collapsing its own currency, while maintaining a broad policy of forcing European workers to compete ferociously for ever more worthless incomes? How long before SME’s around Europe collapse as workers stop spending altogether or rather become incomeless trying to afford prices that cannot really be cut further while in effect they are rising for most people?

This leaves open the possibility that the only way this stagnatory crisis/paradox will change is if it gets worse by some sort of hyperdeflation-hyperinflation paradox as companies collapse under the weight of trying to appease more or less incomeless customers by selling stuff for next to nothing in a worthless currency, effectively crashing what’s left of the European economy.

Workers meanwhile will likely have incomes collapsing so fast in value that the ensuing and inevitable hyperdeflation-hyperinflation paradox will mean while companies collapsing would be trying to cut prices, workers would become effectively incomeless trying to afford them. Companies may equally then decide to raise their prices when the price cuts fail, leading to further economic stagnation and further effective inflation for workers and customers generally.

God knows what the societal fallout of even some of this will mean.

In me dreams

I do be forever there in Agony

Screaming at death from hunger, misery, pain, random senseless fears

Of things no more the cause of me tears

Tortuosity in never ending ferocity

Screaming Admissions of me own buried experiences of Gobshitery, sheer penury, terror, helplessness and awkwardity.

It does be varying

There’s days the ould Caffeine is to blame

And the Drinking levels, in seeking sustenance, do be staying the same

What’s to fear sure from what’s no more?

Not like it scars.

Not like it tars.

Not at all sure.

After being admitted,

And gone there having all but in me Fatalist nature Forfeited,

I was feeling committed,

And still I wake,

From me wake,

A suffering never ending agonising Thousand deaths within a Permanent death,

No cause only a lack of a high,

Only alleviated by a raft of chemicals,

Wondering what is it I

Have to do to switch off,

Am I forever going to be tormented?

When for the Lord Fucking Jaysus will it be supplemented?

Another round there Boss before she’s relented?

http://www.washingtonpost.com/​world/europe/marches-protestin​g-unemployment-and-spains-lead​ership-converge-on-madrid/2011​/07/23/gIQAHNfJVI_story.html The POST along with Reuters and Max Keiser, the best American media outlets.Here they outline how young spaniards have marched from their hometowns to Madrid for tomorrow.I hope the Americans pack out wall street and sack the greedy criminal FED on September 17th!!

www.washingtonpost.com

MADRID — Several hundred Spaniards angry about their country’s economic crisis protested on the outskirts of Madrid Saturday after spending about a month marching to the capital from their hometowns.
24 minutes ago · Privacy: · Like · · Share
    • Andy Purf Contrary to what people might think of my ‘pre conceived beliefs’, I am very confident the Americans will throw the shysters out. Tim Geithner is a thieving bankster. He stole 8 bn euro of american money and flew to Iraq where it just disappeared(Max Keiser doesn’t lie, whatever people think of him). And here, the very astute Tyler Durden(zerohedge) reveals how he stole American pensions and if the debt ceiling was not hiked on capitol hill in the morning, 20 bn USD of ordinary peoples pensions would disappear(those in the public sector perhaps, though that’s just a guess as FED are run By GS so it could be anyone’s pension really) http://www.zerohedge.com/a​rticle/instead-funding-ret​irement-accounts-needed-tr​easury-proceeds-disinvest-​most-debt-ceiling-bre Also, he(along with several other Irish and international elites) owes the Irish people a further 19 bn euro as well for blocking a haircut by the IMF on 19bn plus of 37 bn of unsecured senior banking debt(again Geithner=US GS banker=bad for everyone, wherever you come from). Heres the link: http://www.businessinsider​.com/morgan-kelly-irish-de​fault-2011-5So, for this reason I hope the Americans are out in New York, on Wall St, en masse demanding this criminal thief’s resignation(without golden handshake, take it from the Irish, you don’t want that as it sets an ugly precedent) and arrest and the removal of all his mates from GS who GAMBLE WITH YOUR PENSIONS, AND STEAL YOUR MONEY on September 17th. In the same week, there will be protests against the continuing of State extortion(aka in anti social media terms, ‘austerity’) on the 14th at the Dail at least twice. The Spaniards have said they plan on marching to Brussels for early October , probably the 15th when several countries, already including Portugal, Spain, Greece, Germany, USA, Britain, France and Ireland are organizing international solidarity marches(I believe)a against poverty, and for real democracy(similar to the New Left movement that swept through America, France and central eastern europe in the 60’s). The Chileans are also a dark horse as they have been marching in their hundreds of thousands with some success in recent times(as recent as a few weeks back). It’s good to have a plan.

      www.zerohedge.com

      As the chart below shows, while at the end of every quarter, the US Treasury is …See more
      6 minutes ago · Like ·
    • Andy PurfIt is also worth noting, that GOLDMAN SACHS WILL STILL BE RUNNING THE ECB WHEN MARIO DRAGHI, THE GUY WHO RAN THE GREEK DEPT. WHEN GS COOKED GREECE’S BOOKS HIDING THINGS FROM THE GREEK PEOPLE TAKES OVER IN OCTOBER. IN OTHER WORDS, YOU CAN BET THERE’S A HEDGE FUND SOMEWHERE MAKING MONEY FOR GS OFF OF ECB INTEREST RATE HIKES, AND THEIR EXACT DATES VIA INSIDER TRADING

      3 minutes ago · Like
    • Andy Purf what i am saying is that this bank, more than any other rules the world. It runs America/the IMF/World Bank/Capitol Hill(I hesitate to insult Americans further by saying the White House, so we’ll leave that one for another day as it’s a little more complex), It runs Ireland/Dame Street, it runs Greece/Syntagma Square, it runs Frankfurt/the ECB, and it steals from all of us. It’s(and other lessers like it) why 3’000 American post offices are closing, why Irish hospitals are closing and people are dying, and it’s why the Acropolis, the Cliffs of Moher(and at one stage nearly the pyramids) are being slowly privatized for the trading of securities and the paying of imaginary paper money to elites. Time to kick the bums out and start a new alternative. We should punish the shysters first and then start afresh-whether that’s social justice, bill of rights socialism, or simply as Thomas Jefferson wanted, to end private banking-let’s do it. And just as in the 60’s, when they hastened the end of the Vietnam War, ended racial segregation and revolutionized pacifism and music, we must look to the Americans to lead the way when it comes to the great New left revival. For some of us that will be socialism, for others it will be Bill of Rights socialism. For all of us, it must be change.

I’m starting a writing campaign based on the inspirational Cuban anti-neoliberal globalization ‘Battle of Ideas’ which I have renamed ‘The battle for ideas’..‎..which I invite everyone, wherever you are from, who blogs and who has ideas to help me on. It’s an idea that has changed Cuban society for the better..as Cuba has made over 80% of UN Human rights proposals and has a more democratic constitution than France, America and many other ‘developed’ nations. It has also seen that little Island, very similar in terms of economies of scale to Ireland, Greece, Denmark and Portugal, give unprecedented foreign aid via medical and educational resources. The idea behind this ‘battle for ideas’ is that there are so much anti-creative publications in Irish society and nothing democratic at all that allows people to debate their views openly. This battle should be all encompassing and should contain any proposal to change our society. I really believe such a thing could see many books published and change Irish society as we know it if enough people took to the blogosphere and the debate rolls on like I hope it does.

In the previous article below, I proposed a new economic system of Decentralized Direct Democratic socialism in which all aspects of society are run through democracy-ie self governing communism. More will be published in the near future. Edit/Delete Message

The Battle for Ideas: AN ARGUMENT FOR SELF GOVERNING COMMUNISM-THROUGH Direct Decentralized Democratic Socialism By Andrew Purfield.

 

PROPOSALS: ARTICLE 1: NEW PUBLIC ENTERPISE, NEW ECONOMIC CONCEPTS, NEW IDEAS. BY ANDREW PURFIELD. DATED: Started on APRIL 30TH 2011, 1.44 A.M. LOCATION: JULIANSTOWN, CO.MEATH, IRELAND.

Sources:

 

1. ‘The condition of capital is Wage Labour’ Karl Marx, The Communist Manifesto.

 

2. ‘Whenever you see two men talking silently to each other, you know mankind will suffer’ Adam Smith

 

3. ‘Every generation has the right to make its own decisions, EVEN IF THEY’RE THE WRONG ONES. NO GENERATION HAS THE RIGHT TO FORCE IT’S DECISIONS ON ANOTHER’ Quote of Thomas Paine, Paraphrased from some guy on RTE 1’s Frontline show after the election in favour of a referendum on the Troika diktat which has been foisted upon the Irish people.

 

4. Fidel Castro’s Autobiography.

 

5. ‘Why Socialism?’(http://monthlyreview.org/2009/05/01/why-socialism)    by Albert Einstein:Friday April 29th, 2011

Albert Einstein, May 1949: “The crippling of individuals I consider the worst evil of capitalism. Our whole educational system suffers from this evil. An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future career.

I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals. In such an economy, the means of production are owned by society itself and are utilized in a planned fashion. A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society.”

Source 6. Max Keiser references drawn from his April 2011 talk in a pub onLiffey Street,Dublinin April 2011.

 

Source 7: (http://www.kitco.com/charts/livesilver.html)

Source 8: (http://www.imf.org/external/about.htm)

Source 9: (http://www.bbc.co.uk/news/business-13090685)

Source 10: (http://www.breakingnews.ie/ireland/mccarthy-report-outlines-sale-of-state-owned-assets-502122.html)

Source 11: (http://www.shelltosea.com/content/just-how-bad-irelands-oil-gas-deal)

Source 12: (http://www.politicalworld.org/showthread.php?t=7698)

Source 13: (http://www.telegraph.co.uk/news/uknews/1552871/Blair-meets-Gaddafi-on-African-farewell-tour.html)

Source 14: (http://www.politicalworld.org/showthread.php?t=7225&highlight=Peter+Sutherland)

ARTICLE 1:

I firmly believe that enough sense can be made of the communist, capitalist and original democrat doctrines to relieve them of their prejudices and release a new system in their stead. In this system I think we can create, I think doctrines will be created and discovered and I hope I can in some way contribute to these starting with this article, which I hope will act as a prologue to a series of many articles, perhaps eventually even to a book or a number of studies on the topics at hand, which I intend releasing into the public domain free of charge chapter by chapter in blog/article form as I’m not hoping to earn a few quid from a persona driven manifesto. They will not come from me alone, and who is to say they will even come from me for I am just an Irish student aspiring to some sort of ambition of bettering all of the naturally opposing systems I have mentioned above for something so much better: Direct Decentralized Democratic Socialism*DDDS (referred to as both, in no particular order of reference) through self governing communism.

 

This is aimed at being a lightly sourced prologue styled article to a longer, wider more thoroughly researched document/publication of articles as regards theoretical and contextual content, that is to say I won’t stuff it compeletely with books or peer journal reviews notes, for it is aimed to be consisting of new doctrines, not imprisoned by the shackles of both outdated systems which mankind has killed of in the name of for so long, without even applying their original doctrines in all true senses. I am simply putting my ideas forward, and I do this knowing full well that all economic systems were only truly implemented to some degree(but not in full or correctly as regards the case of communism yet) on a global scale well after the death of each of their original author’s. However I do not believe such a new system to replace them should come from me alone. I’m arrogant, but I’m not that arrogant. The World is desperately in need of a compromise between what are workable systems in theory, and shockingly useless ones in practice, as the 20th century and every capitalist and some would be communist societies has hitherto shown. In doing these articles I hope others will review my work, analyse and criticize it and if they agree on some or all of my ideas, join with me in expanding what I propose so as to collectively contribute to a new economic system based on DDDS through self governing communism.

 

It is my belief that Capitalism will be the end of mankind if its delusional status as a free market system is let continue. Capitalism has not been a free market system to anyone in any country throughout History. Even in the 1920’s, the supposed free market was conditional on imaginary valuations of Wall Street firms. A small oligopoly of MNC’S/Transnational’s have always been in control of what was always presented as a free market, only for it to be shown up as imaginary in that no valuations of MNC’s are or were ever based on any economic value. That is to say how much output is worth depending purely on who wants to buy or sell it, but instead we have had the vast majority of case scenario capitalist/imperialist economies in the last 250 years of Capitalism/Imperialism whereby societies have operated on whether things scared investors or whether people had the ‘confidence to invest’ having moved on from the monarchical stages of feudalism since the 18th, 19th and early-mid 20th centuries.

 

As Max Keiser, with whom I don’t always agree but whose views in many respects of rigged capitalism and it’s faults I find myself sharing,  said in Dublin in April 2011, someone woke up one day in 1929 and realized that every company was falsely overvalued based on imaginary values of output-kind of similar to the frenzy of derivatives today and how sub-prime type economic derivatives, that is to say economic instruments whose value supposedly derives from an underlying asset in capitalist markets which then go up and down and you hedge (securitize against/for) in whatever manner you wish to gain money(effectively betting on whether the price goes up or down, a fancy casino which incredibly the capitalists think the world depends on, when really an economy could perform perfectly ok without a bunch of gobshites at computers bankrupting countries and public/private companies).

 

I thank Max for his insight into the 1929 Wall Streetcrash and into the worthless (and therefore as capitalism’s crazy logic dictates,  potentially trillion dollar) derivatives of today which float around traded by Goldman Sachs, JP Morgan etc.  Effectively, just as imaginary valuations of stock caused the Wall Street Crash of 1929, Derivatives without underlying assets are causing a worse depression today, and for the most part caused the International Capitalist crisis we now see before us. One thing Max memorably said was that JP Morgan for example is allegedly using worthless derivatives to help him profit from the price of silver. Hence the ongoing Buy Silver, Crash JP Morgan campaign of his which aims to achieve its goals through making silver reach 47 USD an ounce. (Source 7: http://www.kitco.com/charts/livesilver.html) At Closing on April 28th, in NYSE the value of silver was 48.480 USD. Although my aims run counter to a diehard capitalists like Max’s, I wish him well in his fights against financial fraud. If it’s possible for an American capitalist to be a social democrat perhaps We should consider him one for his high regard of Sweden (although the new right wing government in Stockholm may have ruled Sweden out of that category for the foreseeable future) and other Scandinavian countries welfare state programmes and other equality benefits which have arisen through class compromise, which have shown impossible practically everywhere else in the World. He has also expressed a desire for a global taxing of economic derivatives, FOREX markets and other securities with what would effectively be an equally distributed Financial Transaction Tax. In other words a globally harmonised tax to end poverty through equal redistribution of ‘wealth’(imaginary money). It almost sounds communist J.

 

Indeed, many imperialist societies such as third world countries and Ireland(funny how easy those two phrases resonate together nowadays) have suffered from the sharks in the IMF who insist on people’s paying back in many cases illegal debt(in the best of cases resulting in unilateral default like Argentina, Ecuador and Iceland have all admirably done in recent years) with more debt and then the IMF, and I shite ye not, has the cheek to say as it’s mission statement “The International Monetary Fund (IMF) is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.” (Source 8: http://www.imf.org/external/about.htm) .  I don’t know about you, but I’d rather end poverty through socialism than reduce it for the elites ‘around the world’ through rigged capitalism.

 

Of course, just briefly sticking on the IMF, when they intervene they typically do so to lend imaginary money to an indebted country, often as in Ireland’s, Iceland’s, Portugal’s and Greece’s and some third world countries cases with the aim of Americanising the respective economies through the collaboration of elitist governments who often, as in Iceland and Ireland, lie to the people then do as the IMF tells them when they get into office, not ‘power’, for a Vichy Government is not in ‘power’. Then of course, the IMF tends to intervene most quickly where there are natural resources or profitable state industries in its sights. For example, its collusion with the CIA to overthrow the Soviet Union. For example, the way it tried to ring road Iceland’s Aluminium and Fisheries industries. For example, how it has aimed at privatising all profitable Irish state companies and airports and even in Greece’s case, all beaches and islands. See Source 9(http://www.bbc.co.uk/news/business-13090685) and Source 10(http://www.breakingnews.ie/ireland/mccarthy-report-outlines-sale-of-state-owned-assets-502122.html) Of course, the IMF always refuses to countenance its own intervention as a factor in furthering the impoverishment of indebted nations. It is after Irish Gas and Oil which is probably the lowest stake hold already in the World for Oil and Gas holdings already (Source 11: http://www.shelltosea.com/content/just-how-bad-irelands-oil-gas-deal) . Not satisfied with this, no doubt the IMF will seek to privatise the Aran Islands next. I will go into more detail on them in future, but for the sake of every country that isn’t America, the IMF needs to be abolished ASAP. It’s just a bankers club full of imaginary money which pays loan sharks to fly around the world, staying in the best hotels and fleece every broke country for all they’re worth. It’s only benefit in ‘ending poverty’ will be with all the revolutions it keeps causing, as Egypt is even seeking to renegotiate America’s secret subsidizing of Egyptian Gas to Israel ( Source 12: http://www.politicalworld.org/showthread.php?t=7698) . This, and Tony Blair’s love of Muammar Gaddafi, along with that slug Peter Sutherland(Source 13: http://www.telegraph.co.uk/news/uknews/1552871/Blair-meets-Gaddafi-on-African-farewell-tour.html) (Source 14: http://www.politicalworld.org/showthread.php?t=7225&highlight=Peter+Sutherland) who appears near every major oil or gas deal with dictators, and as you can see has been controversially linked to gaddafi in particular on more than one occasion. This just shows that the major Western powers only care for how they can get their hands on natural resources. Whether that’s through overthrowing Latin American governments via the CIA as they did with Guatemala in 1955 and other socialist administrations (such as the USSR in 1989), or through bombing Libya, or the use of the IMF/ECB/EU dictates that we now see as long as it’s in the name of ‘Liberty and Freedom and democracy’, it is justifiable.

 

But as I will later explain, if society invests in itself then it restricts the need for private investment, which should always be an option to a small section of the economy, for those who want to spend their spare money on what they wish. I.e. Speculation should exist-for example I’m not against the gambling industry, albeit I’d want it taxed-but commodities should not rule the price of everything nor should food or any other essential such as oil be seen as a commodity when, in today’s world, it is currently necessary for survival in life as we know it.

 

However, why should such private enterprise supersede state enterprise? And, why should the trade of such investment not be taxed at a fair level, and the registering of such Multinational trade, should it have to exist, not be forced to register on multilateral and/or unilateral state owned (depending on the strength and co-operation of economies and nations) indexes of the particular societies and continents in which they wish to invest?

 

Indeed, in the much revered and equally reviled(ok the latter only applies to the American administrations who only now it seems may succeed, although there’s no certainty of that, in crippling Cuba) El Commandante Fidel Castro’s autobiography he stated a well hidden and at the same time undeniably obvious fact that ‘about 500 of the World’s transnational company’s control about 80% of the World’s wealth’. Even Irish Supermarkets are vicious multinationals who have squeezed the life out of domestic Irish shops, who are now few and far between without some generic Brand of ‘Franchise’ on them. Free markets should not exist, but markets should arguably exist on a small scale even in socialist societies, and the state enterprise market should be a market open to investors.

 

It shouldn’t be in the forms of IOU’s/Bonds to indebt a society for short term gains and it shouldn’t be in the form of investment for equity but rather that they would be allowed to buy so much of stakes in newly created domestic partial state companies, with the state always keeping a minimum of 10% so as to provide for universally beneficial trade. Such investors could invest in small companies that would be set up by graduates for example, but also any entrepreneur who the state could so willingly finance for equity, which it could in turn split for such financing by outside investors, who being capitalists don’t care what a buck is so long as they get a R.O.I. This way, partial state enterprise can flourish with communism and capitalism existing hand in hand.

 

The former should always take precedence but it should never authoritatively close such windows. Partial state enterprise, financed both by government and private investment and run by workers and the public stakeholders, is a fundamental way in which DDDS can advance the idealism and creativity of the so called small-medium sized businesses entrepreneurs without sacrificing public enterprise. The boards which approve such funding, as is hinted at in limited detail at the end of the chapter, should be made up of small businessmen/women, economists, graduates doing research in such areas of self-financing(such as the long term successful model that was the USSR and which would probably have succeeded indefinitely had it not been for the Cold War and the relenting of the Gorbachev administration which created the system of ‘free’-what a joke of a concept- oligopolies-which are far more damaging to price controls and job prospects| as we all know how the MNC’s retrench, even when profitable, out of pure greed than state owned monopolies we now see before us today) which any society should aspire to.

 

Random members of the public should also be allowed to attend and voice their opinions. Each business/partial state enterprise project should be approved or refused on its merits. The state should endeavour never to take more than a 50% share in a small company for reasons of associated costs. The money given should be set at threshold levels. Where society invests public funds in such projects, they should be deemed a member of a new national state index which I will also talk about in further detail in later articles, so as to attract in outside investment so that the state and private investors may work as partners to finance such moves in enterprise capitalist and communist economies have never known-ones run by both the public and the entrepreneurs and investors which must rely on the state to begin, but whose cost can be offset against limited investment from external sources who would naturally pursue their selfish wants as capitalists. As long as they can be sure of a return on investment, there is no reason why such investors, even looking at a discriminated against Marxist economy through the international economic press, would not invest WITH the state and work WITH the state by using a new state controlled index, where financial transactions such as these investments could be taxed at a firm but not prohibitive level, and the inflow and outflow of money should be subject to government scrutiny-i.e. capital controls, an old Keynesian/quais socialist concept which any new system must adapt. No functional new economic system can, after all, be entirely new, sure it can’t?

 

With oligopolies there can be no free trade. Some poor farmer will always be short sold by the great cannibalistic system we are told is a natural part of us as human beings. In my opinion, nothing is natural for a human being unless it is logical in that everyone benefits in a reasonable, if not completely equal manner. For this reason, the system I will argue in this publication shall be one far closer to that of Communism than Capitalism. Capitalism needs to end in all of its parasitical content. There will always be room for a small capitalist economy, but it should be downsized, and if it’s immediate existence is not globally possible to restrict altogether, it should also be drained of funds to end global poverty through multilateral taxation until there are so few tax havens left in the World, that it would be of more gains for sharks to take the bait in return for being let off the hook after bleeding for a while. Otherwise capitalism will naturally bleed itself dry and Heavenly anarchy will resume, as I believe Marx accurately foretold, given that Ireland is not a capitalist economy but an Imperialist one in which banks and bondholders (foreign banks, lenders, governments, the ECB the IMF etc. effectively anyone who lends to a bank or country-in our case the traitors and collaborators have made both the same thing, although that is theoretically impossible in Capitalism, Feudalism or Marxism) cannot fail or lose their bet.

 

Communism, on the other hand will never die. This is what makes it the more plausible alternative to draw the new system from. Without the Stalinist authoritarianism of Communism long term, having it in a moderated but no less rigorous system long term is far more sustainable. The new system I would advocate would be one where communism was applied in every instance, perhaps theoretically unbeknownst to the people of such systems. Communism can be perhaps furthered to the societies of the World at large, as after all it can be taken to mean simply applying Democracy in every instance. It doesn’t really matter whether the new system is seen as 100% communist or not-the important thing is that we end over 40 years of the absence of new economic system argumentations.

 

Am I advocating a system where MNC’s should not exist? Ideally yes. But we cannot escape the reality that people will always have ideas. People will naturally seek to gain from those ideas in means of satisfaction. Now this doesn’t mean just money. It can mean the recognition that comes with one’s dreams being realised. I personally feel that the Irish educational model really is the ‘Murder Machine’ that Patrick Pearse advocated (see the evils of capitalism that Einstein described in Source 5 above). But in more ways than one. We are told nothing of Marxism inIrishCollegesor Universities, and the same applies toAmerica, and much ofEnglandand many other states.

 

On a few things that I believe have yet to be examined, in so far as new concepts are plausible for such a new system I wish to state the following: Business degrees in many countries don’t even countenance the obvious method and inescapable social benefits of state enterprise or profitable state companies, or at least their potential to be so, and the need for some state companies to be loss making as only the State can bear the burden of having to fund natural services to society such as transportation, education, health etc.

 

Why should a bus company have to make profits if an energy company(or many), also proudly and collectively owned by a state, more than makes up for it’s losses through dividends to the Government of the day to pay for themselves, itself and other sources of state spending through profit/loss resource allocation? I believe this may be a factor of economic systems across the world today, hitherto unrealised. I believe that State companies exist to make a profit where necessary so as to ensure others can be funded when they are not meant or able to make profits. Such a factor of economics, as indeed I believe it to not yet be realized, may be called  THE PROFIT/LOSS RESOURCE ALLOCATION THEORY because the energy state companies, such as ESB and BGE in Ireland’s case, are able to POTENTIALLY fund our state health insurance companies(i.e. VHI-‘the only not for profit Irish insurer’), and our public transport companies in theory, should the well publicised mismanagement of such transport companies or public bodies and extravagance of greedy people at the top be ignored just for a second, you see there are great services there, proportionally as cheap as anywhere in Europe. Buses that can run every 20 minutes in the main areas of the country, every 10 minutes in Dublin, Trams that can be run every 5 minutes in Dublin, Trains that run every 14 minutes at peak time in some instances-what private company could achieve such magnificent results in point of delivery frontline transport companies without too carrying debt and without too needing external funding(of the rollover variety) as a result on a quasi-permanent(like the national debt case scenario of the biggest creditor nations like America, Germany and so on) scale? The answer of course is none. We can see that from the poor standard of private bus companies inIrelandwho often overcharge and run on a more infrequent basis.

 

I wish to propose that this second assumption of economic fact, that is to say the proposal of a second new economic concept to support the new economic system I endeavour to help create, can also be known, as the PRIVITIZATION-DEBT-RENATIONALISATION PARADOXICAL PROCESS  WHEREBY KEY INDUSTRIES MUST BE FUNDED BY THE STATE DUE TO A LACK OF PROFIT GENERATION POSSIBILTY, SO ANY TRANSPORT COMPANIES OR BANKS FOR EXAMPLE THAT ARE PRIVATISED WILL ALWAYS INEVITABLY LEAD TO STATE REOWNERSHIP IN RESPECT OF THE, I BELIEVE HITHERTO UNREALIZED, PROFIT/LOSS RESOURCE ALLOCATION THEORY WHICH NECCESITATES THE MAINTENANCE OF PUBLIC ENTERPIRSE AND THE DISTRIBUTION OF SURPLUSES FROM ONE STATE OWNED COMPANY TO ANOTHER TO FUND KEY PUBLIC SERVICES. IN ESSENCE IT IS A MORE ELABORATED STATE  ENTERPRISE VERSIONOF THE KEYNESIAN SURPLUS RECYCLING MECHANISM OF COUNTRIES, EXCEPT THIS MECHANISM PROVES THE STATE MUST MAINTAIN CONTROL OF THE PERMANENT ECONOMIC MAINSTAYS IN ORDER TO PRESERVE A SUSTAINABLE WELL DISTRIBUTED ECONOMIC SYSTEM, NOT INTERNATIONALLY LIKE THE SRM, BUT DOMESTICALLY IN DDDS/SOCIALIST/QUASI-COMMUNIST ECONOMIES.

 

IN OTHERWORDS, PRIVITIZED COMPANIES OF CERTAIN KEY INDUSTRIES INEVITABLY RUN UP TOO MUCH DEBT. WE KNOW SUCH INDUSTRIES TO BE FOR EXAMPLE, BANKING, PROPERTY, TRANSPORTATION OF PEOPLE AND GOODS IN IRELAND’S CASE, AND THEREFORE THE STATE SHOULD MAINTAIN ALL THESE INDUSTRIES IN THE LONG TERM WITHOUT INDEBTING SOCIETY AT LARGE IN A VESTED TREACHEROUS WAY IN THE PROCESS. THE DEBT-CAPITALIST-STATE RENATIONALISTAION PROCESS RATIONALLY SHOULD BE STATED AS SAYING THAT IN SOME INDUSTRIES, PRIVATE ENTERPRISE SIMPLY MAKES NO SENSE, WITH THE POSSIBLE EXCEPTIONS OF SMALL TRADING BUS COMPANIES IN ISOLATED AREAS/LIMITED PRIVATE COMPETITION IN THE BUS AND AIR/BOAT TRAFFIC SECTIONS. BUT E.G. IN BANKING, RAIL, AND PROPERTY IT IS SIMPLY NOT FEASIBLE FOR PEOPLE TO EXPECT GOOD QUALITY UNCORRUPTABLE SERVICES UNLESS THESE INDUSTRIES HAVE DECENTRLALIZED DIRECT DEMOCRATIC SOCIALIST CONTROL APPLIED TO THEM. THE TWO THEORIES I PUT FORWARD HERE AND NOW ARE, I BELIEVE HITEHRTO UNARGUED IN DETAIL, AND ARE I BELIEVE INTERRELATED. IF THE PEOPLE RUN THESE COMPANIES THROUGH OPEN LOCAL AND NATIONAL VOTES ON NEW PROJECTS, NEW CONSTRUCTIONS, IF THEY APPROVE BANK LOANS FROM A SINGLE STATE OWNED BANK TO ALL SMALL COMPANIES IN RETURN FOR WHAT I PROPOSE WOULD BE KNOWN AS THE EQUITY-PROFIT ENSURANCE PROCESS OF A STATE ENTERPRISE SCHEME WHICH LOANS TO ORDINARY BUSINESS PEOPLE IN RETURN FOR SO MANY SHARES IN THEIR COMPANIES, HENCE TAKING THE CAPITALIST CONCEPT OF INVESTMENT FOR RETURN, TO BENEFIT SOCIETY AT LARGE AND IN THE PROCESS STOP THE NONSENSE OF HARDLINE CAPITALISTS DENYING SMALL BUSINESSMEN AND WOMEN PUBLIC FUNDS THROUGH SAYING ‘ WE CAN’T GIVE PEOPLE HANDAOUTS’.

 

IF SOCIETY DEMOCRATICALLY CONTROLS THE DISTRIBUTION OF SOCIAL INVESTMENTS AND ALL THESE NEW COMPANIES WHICH THE STATE WOULD ALWAYS HOLD A MINORITY 10%(EXCLUDING TAXATION IN THE MINORITY CASE) OR 50%(MAXIMUM) SHARE IT MUST REGISTER ON A NATIONAL STATE INDEX, OR NATIONALISED STOCK MARKET, THEN WE HAVE A COMBINATION OF CAPITALISM AND COMMUNISM WITHOUT VICIOUS CONFISCATIONS FROM EITHER PARTY OF STATE OR OLIGARCH, WHOSE OLIGARCHICAL EXISTENCE BECOMES INFEASIBLE. IT SHOULD BE CALLED THE STATE-EQUITY-RETURN PROCESS  WHICH WOULD OCCUR THROUGH LOANS APPROVED  FROM REGIONAL DDDS BOARDS OF CITIZENS, ECONOMISTS, STUDENTS, GRADUATES DOING RESEARCH, SMALL BUSINESSMEN/WOMEN, A GOVERNMENT REPRESENTATIVE AND OTHER RANDOM MEMBERS OF THE PUBLIC  IN RETURN FOR THE AFOREMENTIONED THRESHOLDS OF EQUITY FOR THE PUBLIC, WHICH MAY OR MAY NOT BE PARTIALLY OPENED TO EXTERNAL INVESTMENT FROM PROFITEERS AT THE DISCRETION OF THE PEOPLE AND THE GOVERNMENT OF THE DAY, AND IT IS THE THIRD AND FINAL PROPOSAL I HAVE FOR THIS ARTICLE.

 

THEREFORE, I CONCLUDE THAT THE PROFIT-LOSS RESOURCE ALLOCATION THEORY SOLVES THE CAPITALIST HAZARD OF THE PRIVITIZATION-DEBT-RENATIONALISATION PARADOX OF PRIVATIZING STATE INDUSTRIES/ENTERPRISES.

 

State enterprise must exist because, without it, profitability will always inevitably decline due to Capitalism’s inherent nature of Boom/Bust cycles. If private property was also almost non existent and property sold and bought by the state in a purely residential fashion, and limited to so many buildings for all companies as regards commercial companies in the aforementioned ideally downsized private sector, there could be no private property crashes. Without private banks, a state would also have the ideal framework with which to democratically run its own affairs in a self governing communist and Decentralized Direct Democratic Socialist*DDDS manner. This brings me onto my next article, why should society govern itself?

 

COMING SOON: THEBATTLEFOR IDEAS, ARTICLE 2: DDDS: THOUGHTS ON A NEW SYSTEM: WHY SHOULD SOCIETY GOVERN ITSELF?

RIP: There was widespread sympathy in the Stamullen area on the death
of John O’ Byrne Sr. The late John was a native of Dublin city and in
recent years he resided at the Orchard, Stamullen village. John Sr.
and his wife Maura had 8 sons and 1 daughter. His son John Jr. is a
well known local referee. At the local Senior championship derby
between St. Pat’s and Duleek/Bellewstown a minute’s silence was
observed for him. Young John had refereed the first match of the day
in the Intermediate Championship match between Carnaross and Dunderry.
Also included in the minute’s silence was young Derek O’ Brien who was
tragically killed in a motorbike accident at a recent race in the Isle
of Man. Derek, an all round sportsman, played all of his football for
St. Pat’s in his youth. He resided with his family at the Bellewstown
end of the wider Stamullen area. May they both rest in peace.

Juvenile Street League:The Duleek/Bellewstown Juvenile Street League
semi-finals start this Saturday the 18th of June. The final will take
place in Duleek pitch on Wednesday the 22nd of June at 7 p.m. If
you’ve any queries contact Shane on 087-2225417 .

Feline Found: A cat has been found in Julianstown along the road from
Ballygarth to Corballis. The Feline is a young male, is not neutered
and he is about a year old. Please phone Nino on 087-2900-753 for more
details.

Eirigi to run locally in 2014?: Eirigi, which this columnist
understands is a Connolyite socialist republican party which believes
in localized Democratic Socialism and resistance to austerity as well
as abstaining from parliamentary elections, has come to Julianstown.
Or at least a member of it must have done-so as there are a number of
stickers in the local village promoting the group, against the recent
visit of the English Queen, and against ongoing cut-backs by the last
and current government. This columnist is not a member of any party
but naturally as a writer, one does keep a watchful eye on current
affairs with certain views in mind. Whilst it is interesting to see
any new political party emerge, Eirigi’s spreading out as it were(it
seems they now have a base in every major Irish city-especially
Dublin, Cork, Waterford and more locally, a Louth Branch) is something
to keep an eye on in the context of economic crises of such historical
scale as we see before us traditionally result in radical
movements-from similar non parliamentary Socialism in James Connolly’s
IRSP in Victorian times to Fascism with the blue shirts in the
1930’s-gaining major political support in Ireland as much as anywhere
else. The question must be asked, will we see Eirigi canvassers in
East Meath in three years time for the local elections? Such a
movement out to a traditionally non socialist rural community would no
doubt be seen by more conservative readers as extreme or at least
controversial, but in this columnist’s opinion extraordinary times
lead to extraordinary happenings. Changing times may yet be ahead of
us, for better or worse, and it would seem that the left in both local
and national politics is attracting the protest vote.

Annual Parish Family Fun Day: The 3rd Annual Parish Family fun day
will take place on Sunday the 26th of June. As usual we hope to have a
day of fun for all of the family. Events will include Bouncy Castles,
a Barbeque, face painting, Bric-a-Brac, strawberries and cream, a Cake
Stall, the Mobile Farm and much more! If you have any items for the
bric-a-brac stall please call into the parish office from 9.30-12.30
p.m. , Monday-Friday.

Ireland isnt a democracy. Politicians routinely lie and people are asked to vote on manifestos that mean nothing because once they get elected they do things they werent elected to do. A real democracy would have a total recall system where the elected candidate would have to be sacked when enough signatures are gathered and another election called if they didnt do what they were elected to do. Then you have our whip system which means even if you have a TD you can trust, the party controls how they vote in the Dail. Then there’s the fact that unlike Iceland and most other northern european countries, Irish people have no legal right to demand a referendum(well we do but there’s no way of enforcing that right with say so many signatures. our constitution only says we should have a referendum on all nationally important issues ie the imf deal but it doesnt say we have to). And real democracy isnt a single transferable vote system anyways, its society having the right to veto every govt decision with a referendum. For me thats what I want this revolution to be about. Believe me having a slightly better voting system doesnt give you a vote on policy, it only gives you a better vote on people to make decisions for you, with the same people often making decisions they werent elected to make and then saying we dont need a referendum as it isnt legally obliged on them or ‘the election was the referendum’ and they claim a ‘mandate’ which they abandoned anyways when they decided to break all of their promises. centralised democracy can achieve nothing for people. Ideally politicians wouldnt exist and we could all just make our own choices, but until that day comes, we need a system where society can veto everything they bloody well want by referendum with say 50’000 signatures nationally and 5-10’000 locally. How likely would a politician be then to double cross you and break their promises?