Capitalism Hurts Flickr Group Slideshow (link to group photo pool):
Capitalism hurts!
Instead of the accumulation of wealth: imagine a society geared toward mutually beneficial, life-serving interests. Imagine a world of health and well-being, for ALL people!
Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts
23 November 2010
07 January 2010
Cultural Transformation

I have posted this before here, but I am posting it again, because I have been thinking about this quote recently.
Here's another MLK quote that I like:
We must accept finite disappointment,see photo larger: Cultural Transformation Shift
but we must never lose infinite hope.
– Martin Luther King Jr.
02 January 2010
Cremation of Care

Alex Jones claims to have infiltrated the grove and the ceremony, and to have made the following video of the ceremony - which is shocking and highly disturbing.
I believe that to care is a virtue, and oughtn't be thought of as onerous or burdensome. And as you can see from the video of the ceremony, it is obvious that some of the members of the Bohemian Grove may think differently - maybe even going so far as to think of care as an obstacle to the workings of the marketplace.
An attitude of disdain for care - amongst some of the world's most powerful, and influential, men of business and government - an attitude of disdain for the important necessary moral place of care in our society is, I believe, a tremendous driver of social and environmental violence (ranging from child abductions and other domestic violence, to industrial pollution, global warming, and the extinction of species, to the structural roots of the world's problem of one billion chronically hungry human beings, to war and the military-congressional-industrial complex, and the multitudinous various oppressions and injustices that exist in between...)
I don't know about the authenticity of this video - but it seems to be genuine. I don't know how Alex Jones could have possibly infiltrated the Grove - he even claims to have been stopped numerous times by security, meanwhile the secret camera he has in a bag just happens to be out of tape at the time. I think it's possible that the Jones video was done with some sort of consent (very much unlike Alex Shoumatoff's visit.) And I certainly do not necessarily agree with Alex Jones on everything, including some of the comments made in the video (some of which sounded quite racist, homophobic, and anti-pagan (just because the Bohos do some pagan ritual doesn't mean that all paganism is corrupt and/or evil!)) But the ceremony is interesting to see, and you can judge for yourself.
Your truth will set you free.
So check it out, and see/decide for yourself.
And I should add a warning - this video is quite shocking and disturbing.
Here's what I think is the full length video, though I can't be sure. The CC Ceremony starts about 1 hour and 17 minutes into the video:
The following video is a smaller excerpt from the above. I recommend watching the above.
http://www.blogger.com/video-play.mp4?contentId=5ebf0bd11a8549b5&type=video%2Fmp4
Here's an embed of the same video:
http://video.google.com/videoplay?docid=5617720002953136903
01 January 2010
David Korten on Time of Useful Consciousness Radio
Hi All,
I want to plug this excellent speech by David Korten. It was delivered in March 2009 at the Northwest Regional Veterans for Peace Conference. I heard it the evening of Wednesday, December 30, 2009, on KAOS 89.3 FM Radio. The speech is in two parts, and both are excellent. The speech is titled, "Community and the New Economy: Why Wall Street Can't be Fixed, and How to Replace it."
In the speech Korten very clearly talks about what's happening in our world in relation to corporate power, militarism, policies of dominance, economics of growth and profitability, violence, poverty, socio-economic inequality and exploitation, and environmental degradation (among other topics.)
Korten also addresses the hopeful and great potential that exists for change to a society (and a money system) that would serve life (rather than profit) - a society that would be cooperative, consensual and mutually beneficial for all people.
I think the speech is a very worthwhile listen.
Korten is the Chair of the Board of Yes! Magazine.
Here are links to the streaming audio, in two parts; an excerpt (that I transcribed,) and a link to the Time of Useful Consciousness Radio Program website.
Please enjoy!
Part One: http://www.tucradio.org/090429_Korten_ONE.mp3
Part Two: http://www.tucradio.org/090506_Korten_TWO.mp3
excerpt:
"...replacing the culture and institutions of an economy devoted to the service of money, with the culture an institutions of an economy devoted to the service of life...
"War is an outmoded institution that serves no beneficial purpose other than to enrich the unscrupulous - and it has become an act of global scale collective suicide."
links to the mp3s can also be found here: http://www.tucradio.org/
Kindly,
Berd
I want to plug this excellent speech by David Korten. It was delivered in March 2009 at the Northwest Regional Veterans for Peace Conference. I heard it the evening of Wednesday, December 30, 2009, on KAOS 89.3 FM Radio. The speech is in two parts, and both are excellent. The speech is titled, "Community and the New Economy: Why Wall Street Can't be Fixed, and How to Replace it."
In the speech Korten very clearly talks about what's happening in our world in relation to corporate power, militarism, policies of dominance, economics of growth and profitability, violence, poverty, socio-economic inequality and exploitation, and environmental degradation (among other topics.)
Korten also addresses the hopeful and great potential that exists for change to a society (and a money system) that would serve life (rather than profit) - a society that would be cooperative, consensual and mutually beneficial for all people.
I think the speech is a very worthwhile listen.
Korten is the Chair of the Board of Yes! Magazine.
Here are links to the streaming audio, in two parts; an excerpt (that I transcribed,) and a link to the Time of Useful Consciousness Radio Program website.
Please enjoy!
Part One: http://www.tucradio.org/090429_Korten_ONE.mp3
Part Two: http://www.tucradio.org/090506_Korten_TWO.mp3
excerpt:
"...replacing the culture and institutions of an economy devoted to the service of money, with the culture an institutions of an economy devoted to the service of life...
"War is an outmoded institution that serves no beneficial purpose other than to enrich the unscrupulous - and it has become an act of global scale collective suicide."
links to the mp3s can also be found here: http://www.tucradio.org/
Kindly,
Berd
18 November 2009
The Billionaires for Coal, yahoo!
The Billionaires for Coal: "It's not my problem!

Dispatches from the Coal Finance Day of Action Front (Updated 11-19-07)

Dispatches from the Coal Finance Day of Action Front (Updated 11-19-07)
27 October 2009
Thoughts on Harmful Economic Activities
written on the sky:

I think it is wrong to reap private profit off of destructive activities. What do you think?
It's wrong to reap private gain from harmful activities. Sounds crazy, right? But it's really not. Maybe the reason it sounds extreme is because of how our society has turned into an incredibly harmful beast - a beast that it capable of destroying all life on the planet. That's a tremendous feat of engineering. We, as a society, are going in the wrong direction - and majorly so. We are hurting life, and those who live. Instead of damaging nature and hurting living creatures, we ought to be going in the direction of protecting and serving all life.
It's common sense. We're all part of one human family. Indeed, we are all part of one interconnected web, of which all life is part. So when there is imbalance in one area, there is imbalance in all areas.
I think that it is time for humanity to right its wrongs, to restore harmony in its relationships: in its relationships with itself, as well as in its relationship with the planet and all living creatures.
There is a strong need for balance. We all suffer while the fates of life on Earth and future generations of human beings hang in the balance.

I think it is wrong to reap private profit off of destructive activities. What do you think?
It's wrong to reap private gain from harmful activities. Sounds crazy, right? But it's really not. Maybe the reason it sounds extreme is because of how our society has turned into an incredibly harmful beast - a beast that it capable of destroying all life on the planet. That's a tremendous feat of engineering. We, as a society, are going in the wrong direction - and majorly so. We are hurting life, and those who live. Instead of damaging nature and hurting living creatures, we ought to be going in the direction of protecting and serving all life.
It's common sense. We're all part of one human family. Indeed, we are all part of one interconnected web, of which all life is part. So when there is imbalance in one area, there is imbalance in all areas.
I think that it is time for humanity to right its wrongs, to restore harmony in its relationships: in its relationships with itself, as well as in its relationship with the planet and all living creatures.
There is a strong need for balance. We all suffer while the fates of life on Earth and future generations of human beings hang in the balance.
25 October 2009
Capitalism ≠ Democracy

Instead of this, I think it would be better where people work to serve the interests of themselves, of humanity, and of all life. Toward a life-serving society, Berd

06 September 2009
Socio-economic Inequality
This is from the September 2009 issue of The Progressive Magazine, an article called "Wall Street's Gall, by Les Leopold:
• In 1970, the ratio of the top100 corporate CEOs and the average worker's pay was 40 to 1. By 2007 it was 1,723 to 1.simply, yet absolutely, astounding - mind boggling
• In 1970, the top 1 percent received 8 percent of the national income. By 2007, it was gobbling up 23 percent of the national income.
• In 2006, the top one-tenth of 1 percent of tax payers (about 140,000 tax returns) reported as much income as the bottom 50 percent (67.4 million tax returns). The last time we suffered from such an extreme income distribution? 1928-29.
...
30 August 2009
Money Driven Medicine
I want to point you to this important film. It's called Money Driven Medicine, and it highlights some of the inherent and deep problems that are systemic in the health care industry.
Money Driven Medicine | Bill Moyers Journal PBS
Money Driven Medicine | Bill Moyers Journal PBS
06 August 2009
Some Brief Thoughts on The Richest Man in Babylon



A lot has changed in the thousands of years since Babylon was an active and thriving society. The world is a very different place. While there is still great opportunity in the world, including the opportunity to gain wealth, there is a new need based on the ever increasing environmental impacts of a human population grown large, and grown powerful with technology, to ensure that our economic activities are not having a detrimental effect on others.


31 July 2009
Ethical Investing
I am reading a book right now that has me turned on to the topic of ethical investing, also known as socially responsible investing. The book is titled, The Richest Man in Babylon, and it talks about strategies and techniques for earning money and gaining financial wealth. It's a very interesting read, and it is challenging some of my thoughts about economic domination and exploitation, in a good way. It is clarifying in many ways. I suppose I have probably written about this before. But I am of the belief that financial wealth, even affluence, is probably not necessarily bad in and of itself. The problem comes, when, to garner the wealth and riches, there is some engagement in harmful activities and behaviors.
Of course, we could spend a year talking about what constitutes harmful behavior. And we should. But that's outside of the scope of this weblog entry. For now, let us ponder what it means to be harmful, any experiences in which we feel that we have been harmed - and also any experiences in which we feel it is likely that we may have harmed, or contributed to the harm, of another (whether it be physical, emotional, mental, or spiritual in nature.)
Ethical Investing, the Precautionary Principle, the notion of leaving the planet in better shape for future generations, "Eco-Psychology" (including a study of the psychological impact of ecological degradation), these are some of the hot topics on my mind recently.
Back to Ethical Investment: it seems to me, based on my sense of moral - my ethical values - that investing in weapons, especially weapons of war, is not socially responsible. In fact, I am of the opinion that it is wrong to make money off of the weapons of war. Well, there's a lot more to write about and discuss about this, but I am in a hurry, so I gotta go. Take Care!
Of course, we could spend a year talking about what constitutes harmful behavior. And we should. But that's outside of the scope of this weblog entry. For now, let us ponder what it means to be harmful, any experiences in which we feel that we have been harmed - and also any experiences in which we feel it is likely that we may have harmed, or contributed to the harm, of another (whether it be physical, emotional, mental, or spiritual in nature.)
Ethical Investing, the Precautionary Principle, the notion of leaving the planet in better shape for future generations, "Eco-Psychology" (including a study of the psychological impact of ecological degradation), these are some of the hot topics on my mind recently.
Back to Ethical Investment: it seems to me, based on my sense of moral - my ethical values - that investing in weapons, especially weapons of war, is not socially responsible. In fact, I am of the opinion that it is wrong to make money off of the weapons of war. Well, there's a lot more to write about and discuss about this, but I am in a hurry, so I gotta go. Take Care!
22 April 2009
War is a Racket

War is a Racket
War is a racket. - General Smedley Butler
Call Congress for a de-authorization act on occupation!
General Butler:
...
"In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows."
"How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle?
"Out of war nations acquire additional territory, if they are victorious. They just take it. This newly acquired territory promptly is exploited by the few – the selfsame few who wrung dollars out of blood in the war. The general public shoulders the bill.
"And what is this bill?
"This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations."
...
24 March 2009
Democracy Now!
From Democracy Now!:
Sen. Sanders Attempts to Block Obama Nomineehttp://www.democracynow.org/2009/3/24/headlines#13
In news from Capitol Hill, independent Senator Bernie Sanders is attempting to block President Obama’s nominee to head the Commodity Futures Trading Commission, Gary Gensler, a former Goldman Sachs employee. Sanders said Gensler had worked with Sen. Phil Gramm and Alan Greenspan to exempt credit default swaps from regulation, which led to the collapse of AIG and has resulted in the largest taxpayer bailout in US history. He also worked to deregulate electronic energy trading, which led to the downfall of Enron. Sanders said, “We need an independent leader who will help create a new culture in the financial marketplace and move us away from the greed, recklessness and illegal behavior which has caused so much harm to our economy.”
08 October 2008
Naomi Klein on the Wall Street Crisis
Naomi Klein on Democracy Now!
Read the rest: Naomi Klein: Wall St. Crisis Should Be for Neoliberalism What Fall of Berlin Wall Was for Communism
October 06, 2008
Naomi Klein: Wall St. Crisis Should Be for Neoliberalism What Fall of Berlin Wall Was for Communism
As the world reels from the financial crisis on Wall Street and the taxpayer-funded $700 billion bailout, we spend the hour with Naomi Klein on the economy, politics and “disaster capitalism.” The Shock Doctrine author recently spoke at the University of Chicago to oppose the creation of an economic research center named after the University’s most famous economist, Milton Friedman. Klein says Friedman’s economic philosophy championed the kind of deregulation that led to the current crisis. [includes rush transcript]
Listen
Naomi Klein, journalist and author of the books The Shock Doctrine: The Rise of Disaster Capitalism and No Logo.
Related Links: Naomi Klein's website
AMY GOODMAN: The credit crunch is spreading to financial markets around the world. Nearly 160,000 jobs were lost here in the United States in September. That’s not including losses directly resulting from the financial meltdown. Wall Street might be breathing a little easier since Congress passed the more-than-$700-billion bailout plan Friday, but there are no signs of an easy or quick recovery.Today we take a look back at the economic philosophy that championed the kind of deregulation that led to this crisis. We spend the hour with investigative journalist and author Naomi Klein, bestselling author of The Shock Doctrine: The Rise of Disaster Capitalism.
Naomi Klein spoke at the University of Chicago last week, invited by a group of faculty opposed to the creation of an economic research center called the Milton Friedman Institute. It has a $200 million endowment and is named after the University’s most famous economist, the leader of the neoliberal Chicago School of Economics.
NAOMI KLEIN: When Milton Friedman turned ninety, the Bush White House held a birthday party for him to honor him, to honor his legacy, in 2002, and everyone made speeches, including George Bush, but there was a really good speech that was given by Donald Rumsfeld. I have it on my website. My favorite quote in that speech from Rumsfeld is this: he said, “Milton is the embodiment of the truth that ideas have consequences.”
So, what I want to argue here is that, among other things, the economic chaos that we’re seeing right now on Wall Street and on Main Street and in Washington stems from many factors, of course, but among them are the ideas of Milton Friedman and many of his colleagues and students from this school. Ideas have consequences.
...
Read the rest: Naomi Klein: Wall St. Crisis Should Be for Neoliberalism What Fall of Berlin Wall Was for Communism
07 October 2008
October Surprise?!

more commentary linked on flickr
What, oil wasn't trading today? And look how much oil has gone down. I don't know why it doesn't show a change - but I have seen it like that a lot. Do you know what's up with that?
Dow down by over 5%. Overseas markets in even worse shape.
This market fluctuation is ominous. It bears all the markings of a serious economic depression.
What is the problem with a stable economic plateau? Why does it always have to be about growth?
You know what in nature just keeps growing without limit? - Cancer cells. One or two cancer cells won't kill you. But a mass of them will.
This reckless pursuit of growth and economic expansion is harming the planet (and living creatures.)
There is a better way.
25 September 2008
Empty Store Fronts, a Poem
While riding around on errands today, I noticed an increasingly common phenomenon: empty store fronts. Small and locally owned, and operated, businesses are being driven out by massive mega-stores (especially cheap discount mega-stores like Wal-Mart, for example.) Local revenue and labor is being lost. Goods are imported from overseas. Large sectors of domestic manufacturing are going extinct, having been outsourced.
So I just wrote up this poem (very quickly - it's a first draft.) It's a reflection on this economic phenomenon of corporate power and the ceonsequential harm it does.
I hope it resonates with you. - bert
I see them.
Empty store fronts,
Peeling facades,
Broken windows.
All the capital,
It's being gobbled up!
By massive corporations.
Wealth conglomerated at tippy top.
Capital and labor markets,
shipped overseas.
(... and p.s. - please don't shop at Wal-Mart, and/or similar mega-stores.)
(p.p.s. see related post at OlyBlog: The Normal Course of Progress?)
[updated 9:54 p.m. 9/25/08]
So I just wrote up this poem (very quickly - it's a first draft.) It's a reflection on this economic phenomenon of corporate power and the ceonsequential harm it does.
I hope it resonates with you. - bert
Empty Store Fronts
Stores closed down.I see them.
Empty store fronts,
Peeling facades,
Broken windows.
All the capital,
It's being gobbled up!
By massive corporations.
Wealth conglomerated at tippy top.
Capital and labor markets,
shipped overseas.
(... and p.s. - please don't shop at Wal-Mart, and/or similar mega-stores.)
(p.p.s. see related post at OlyBlog: The Normal Course of Progress?)
[updated 9:54 p.m. 9/25/08]
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