This is class war on an international scale, and power is in the hands of those who control the international economic system.
Premise Eight: The needs of the natural world are more important than the needs of the economic system.
Present global culture is a kind of arrogant newcomer. It arrives on the planetary stage following four and a half billion years of other acts, and after looking about for a few thousand years declares itself in possession of eternal truths. But in a world that is changing as fast as ours, this is a prescription for disaster. No nation, no religion, no economic system, no body of knowledge, is likely to have all the answers for our survival. There must be many social systems that would work far better than any now in existence. In the scientific tradition, our task is to find them.
If we hope to stem the mass destruction that inevitably attends our economic system (and to alter the sense of entitlement - the sense of contempt, the hatred - on which it is based), fundamental historical, social, economic, and technological forces need to be pondered, understood, and redirected. Behavior won't change much without a fundamental change in consciousness. The question becomes: How do we change consciousness?
Our freedom of choice in a competitive society rests on the fact that, if one person refuses to satisfy our wishes, we can turn to another. But if we face a monopolist we are at his absolute mercy. And an authority directing the whole economic system of the country would be the most powerful monopolist conceivable…it would have complete power to decide what we are to be given and on what terms. It would not only decide what commodities and services were to be available and in what quantities; it would be able to direct their distributions between persons to any degree it liked.
The nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity.
You cannot go to sleep with one form of economic system and wake up the next morning with another.
I would be remiss, as a scientist who studied this, if I didn't mention the following two things: The first is that, most importantly, we need to do, as a society, in this country and globally, whatever we can to reduce population"....."Our whole economic system is based on growth, and growth of our population, and this economic madness has to end.
It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find its equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium.
If a country develops an economic system that is based on how to pay for the war, and if the amounts of fixed capital investment that are apparent are tied up in armaments, and if that country is a major exporter of arms, and its industrial fabric is dependent on them, then it would be in that country's interests to ensure that it always had a market. It is not an exaggeration to say that it is clearly in the interests of the world's leading arms exporters to make sure that there is always a war going on somewhere.
I had an economic system imposed on me.
And the voters, many of them, feel that the economic system is stacked against them and they want stuff. You are going to see a tremendous Hispanic vote for President Obama. Overwhelming black vote for President Obama. And women will probably break President Obamas way. People feel that they are entitled to things and which candidate, between the two, is going to give them things?
The negative side to globalization is that it wipes out entire economic systems and in doing so wipes out the accompanying culture
To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westerners about what the market really means.
When money, instead of man, is at the center of the system, when money becomes an idol, men and women are reduced to simple instruments of a social and economic system, which is characterized, better yet dominated, by profound inequalities. So we discard whatever is not useful to this logic; it is this attitude that discards children and older people, and is now affecting the young.
Here the Frenchman, Spaniard, and Englishman all passed, leaving each his legend; and a brilliant and more or less feudal civilization with its aristocracy and slaves has departed with the economic system upon which it rested.
So far in facing this huge [peak oil] challenge, our political/economic system seems unable to cope with reality. We are forced to carry on living in an illusion that we have so much time to adapt to post-oil that we don't even need to be talking or thinking much about what a world without plentiful oil would look like. Reality has become too dangerous.
I think the market driven economic system is the most productive system, but to have that work in the world, you've got to also have social investments to go along with that.
If the machinery for distribution in the present economic system of the world is incapable of properly distributing the productive wealth of nations, then that system is false and must be altered.
The Capitalist system with its exploitation of those who are economically weak, with its robbery of the workers labour power, with its unethical way of appraising human beings by the number of things and the amount of money he possesses, instead of by their internal value and their achievements, must be replaced by a new and just economic system, in a word by German Socialism.
Iago is the dominant trance state of our planet. It influences our relationships, our sexuality, our parenting, and our attempts to relax. It permeates corporate business, international politics, and our economic system.
This same economic system, based on short-term growth and endless profits is also the reason for pretty much everything else that is lousy in our society, from private prisons to Fox News. What I'm arguing is that, in fact, what we've been told is a lie.
In the course of history periods of capitalism and socialism alternate with one another; capitalism is the unnatural, socialism the natural economic system... The National Socialists and the Red Front have the same aspirations. The Jews falsified the Revolution in the form of Marxism and that failed to bring fulfilment.
There must be an end to white monopoly on political power, and a fundamental restructuring of our political and economic systems to ensure that the inequalities of apartheid are addressed and our society thoroughly democratized.
The current economic system is fundamentally flawed and inevitably destructive.
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