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Capitalism: global restructuring, sovereign debt, benign
bloc politics, safety nets
and New Year’s resolutions
Let’s face it, we’ve lost control. Unregulated internationalized
capitalism is in the driving seat, and it is demanding that countries,
communities and individuals subordinate themselves to its needs and
interests.
As countries find themselves with unmanageable sovereign debt,
they are being subjected to ‘structural adjustment’ to make them more
accountable – and vulnerable – to an internationalized capitalism which has
gained the whip hand.
It now demands that we accept our lot; that we reduce our lives
and our vision to its horizons; that we accept that we are nothing more than a
malleable, expendable ‘workforce’ for its activities and a ‘consumer base’ for
its products.
As this happens, you and I are similarly being ‘adjusted’ to the
requirements of an unregulated capitalist world.
It’s time to take back control of our communities and our
individual lives. It’s time to make capitalism the servant and not the master of
countries, communities and individuals.
… Read more»
Capitalism, the Spirit of Christmas, a Bleak New Year
and a hollow feeling in the pit of the stomach
Bill Geddes 17th December 2011
'Tis the week before Christmas!
Apparently we're not buying enough, not eating enough, not
traveling enough, not decorating enough, not getting into the Xmas Spirit!
How on earth are we going to be able to afford Christmas this
year? The credit cards are already 'maxed out'. It's going to be a tough new
year!
And this was supposed to be a time when people stepped back from
crass materialism, re-examined their lives, re-ordered their priorities, and
shared their loaves and fishes.
… Read more»
Capitalism, Renewable Energy, Ennui and the Fabled Ostrich:
This is as good as it gets!
Bill Geddes 12th November 2011
We have reached the high water mark in our responses to climate
change in Western countries.
Bold initiatives, contemplated over the past several years, such
as:
- subsidies to encourage the deployment of solar panels
on house roof tops;
- schemes aimed at making green house gas emissions
costly, or at least of building the cost of emissions into production costings;
- a range of re-forestation, biochar and similar
programs to sequester carbon;
- A range of CO2 ‘Capture and Storage’
projects
are now in retreat.
In Western countries, politicians who clearly disbelieve and
dismiss the reality of climate change; who assume that claims of environmental
damage resulting from capitalist activity are ‘socialist’ conspiracies, are
winning political office. As they do, the first tentative advances made by their
predecessors are being dismantled.
… Read more»
9/11 and the nature of capitalism: “The once-distant
prospect of terrorism has become an inescapable reality”
Bill Geddes 18th September 2011
It is now 10 years since the events of 9/11, but the date and
the events remain fresh in the minds of Western people everywhere.
Another year has passed and, once again, we have remembered the
tragedy of September 11th 2001. But, this should not just be a time
to remember the dead, it should also be a time of serious reflection
The late Henry Hyde, then chairman of the U. S. Committee on
International Relations, explained its consequences clearly:
With the September 11 attacks on the United States, the
once-distant prospect of terrorism has become an inescapable reality for all
Americans. The impact of this assault is greater than the tally of physical
destruction, greater even than the tragic loss of life. The images forced into
our lives are permanent ones.
The realization that human beings are capable of performing such
deeds forces us to accept that evil still exists among us, especially in our
modern era when many had hoped it might be abolished altogether…
But what does this mean?
- Are we now to live in permanent fear in our own country
and adopt a defensive crouch as part of our national character?
- Do we remake our country and communities into
fortresses?
- Must we sacrifice our entire foreign policy agenda in
order to address this suddenly urgent problem?
Events, since that day, demonstrate the truth of Henry Hyde’s
observation:
The realization that human beings are capable of performing such
deeds forces us to accept that evil still exists among us…
Our response to the tragedy compels us to ask those questions
once again:
- Do we now live in permanent fear in our own countries?
- Have we adopted a defensive crouch as part of our
national character?
- Have we remade our countries and communities into
fortresses?
- Have we sacrificed our foreign policy agenda in order
to address what has become a perennially urgent problem?
- Have we, in responding to the perceived terrorist
threats of the past ten years,
- forfeited our freedoms,
- and created hidden, poorly regulated institutions to root out
both real and imagined threats in our own countries and communities?
- Have we trampled on the rights and freedoms of other
countries and communities in our determination to protect ourselves from new
assaults (whether real or imagined), not only to intercept and frustrate them,
but to eliminate new threats at their source?
If the answer to any or all of these is ‘Yes’ then we have
headed down a dangerous path.
Henry Hyde’s vision of the future might well be mild compared to
that which we will bequeath our children and their descendants.
… Read
more»
Capitalism and parables: It's all about gardening!
Bill Geddes 17th July 2011
Look around you - wherever you live - and you will see the
result of uncontrolled capitalism. It is rampant. It has out-competed all other
forms of material need and want provision and, in the process, has choked
communities and fouled environments.
Thoroughly regulated and subordinated to the requirements of
communities, it can be a positive, very effective means of material need and
want provision. Unregulated and internationalized, it rapidly grows into a
rampant ecological and social disaster.
The problem is not capitalism, it is us!!
Read more.…
Global Capitalism: The Exploited Planet, The Torrent of Garbage
and the Warnings
Bill Geddes 8th July 2011
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There are thousands of web sites focussing on the issues dealt
with in these blog entries. Many of them present very well reasoned,
informative, insightful and interesting material.
The overwhelming consensus from these sites is that unregulated
capitalism, driven by snowballing consumerism, is propelling humanity toward a
precipice. The ravine is deep and the species may barely survive the plunge.
Yet, those involved in capitalist enterprise and in consuming its products and
services are accelerating down that dead-end road as though it was an unlimited
expressway to utopia.
Are we blind? Do we believe ourselves indestructible? Do we
believe that before we get there something or someone will provide us with a
bridge over the ravine?
It seems that our ideologies, beliefs and prejudices lead many
of us to disbelieve and dismiss the thousands of clearly reasoned, well
researched and documented explanations.
Perhaps we are suicidal.
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Many of those who have arrogated the right to filter and
interpret what is presented to us as 'news' and 'informed commentary' urge us to
ignore the warning signs – "No Through Road" and "Ravine Ahead".
Whatever the cause, the consequence is clear. We now live on a
grossly over-exploited planet, with a rapidly deteriorating biosphere. We are,
to change the metaphor and put it bluntly, defecating in both our own and other
communities' and species' nests.
Globalized, deregulated capitalist organizations continue to
exploit the planet's resources at an accelerating pace. Well-meaning,
often-concerned, Western people (and those who emulate their lifestyles)
continue to expand their needs and wants, accumulating increasing quantities of
marginally useful goods and consuming ever-more unnecessary goods and services.
Read more.…
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The History and Nature of Capitalism
By Bill Geddes
Revised: 8th July 2011
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It is said that the aphorism 'Know Yourself' was inscribed in
the forecourt of the Temple of Apollo at Delphi. Finding out who we are can be
an unsettling experience.
Not only do human beings gild memories of experiences in their
own lifetimes, they are extremely adept at reinventing those of their historical
past. It can be an educative experience to strip away what the French
philosopher Voltaire called the 'fable upon which we are all agreed'.
It's time we, living in capitalist countries, got ourselves into
perspective.
Over the past three centuries, people living in Western
(capitalist) countries have increasingly imposed their understanding of reality
on others. Now, they are becoming aware of a growing antipathy toward 'The West'
around the world. Henry Hyde's view of the problems facing Western countries is
not isolated,
Let us begin by accepting there is no single enemy to be
defeated, no one network to be eliminated. Al-Qa'eda is but our most prominent
opponent, but its outlook is shared by many others who are equally committed to
our destruction… we know now that we have permanent, mortal enemies who will
seize upon our vulnerabilities to bloody us, to murder our citizens, to commit
horror for the purpose of forcing horror upon us… (US House of
Representatives Committee on International Relations October 3 2001)
For the past decade the West has confronted what it perceives as
a growing 'climate of terror' around the world. While estimates vary, it is
reasonable to say that thousands of lives have been lost and billions of dollars
have been spent in pursuing, capturing and killing those deemed a threat to the
security of Western nations.
It is time to take stock. Before continuing to pursue phantoms
and shoot at shadows (and, in the process, alienate thousands caught in the
crossfire) we need to understand what is producing this apparently burgeoning
antipathy toward Western capitalist countries.
Read more.…
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