Found 18 posts tagged 'Austrian Economics'
August 4, 2018
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For years, we’ve been taught that capitalism is good for freedom. Dominant right-wing commentators claim that markets free us, and this view still dominates education and politics. However, in Capitalism vs. Freedom, Larson puts big business under a microscope, debunking libertarian economics while demonstrating that the marketplace has its own great centres of power, which the libertarian tradition itself claims is a limit to freedom. Larson illustrates how capitalism fails both this and other concepts of human liberty, not just failing to establish a right to a share of society’s production, but also leaving us subject to the power plays of political and corporate elites which are increasingly becoming one and the same.
That global economic, political, social, and environmental systems are disintegrating is scarcely in doubt. Inequality is on the rise as resources are concentrated in fewer and fewer hands. Even in the West, children now born can expect to be poorer than their parents. The era of ever-increasing prosperity is coming to an end. Conventional energy sources are running out while renewables fail to plug the gap. Climate change is making vast swathes of the Earth – such as the Middle East – increasingly uninhabitable for millions who have two choices – move somewhere else or die. Mass migration continues to drive social conflict. Fundamentalism is resurgent. Donald Trump and Brexit are just two of the most obvious signs of cascading collapse. The kaleidoscope has been shaken, the pieces are in flux, a new world is coming. The question simply remains – what, if anything, can we do about it?
Anarcho-Capitalism, Austrian Economics, Brexit, climate change, collapse of society, corporate control, corporate state, Donald Trump, dystopia, economics, Individual Freedom, mainstream media manipulation, propaganda, resource based economy, Socialism, steady state economy, Zeitgeist Movement
June 1, 2017
Andy Duncan discusses the 2017 UK General Election and the wider political and economic scene past, present and future. Like many political systems around the world, UK politics is deeply divided and in a growing state of disarray. Many feel that voting today has become all but irrelevant and in future may, at best, achieve little more than cementing a series of conflict-ridden coalitions. At worst, the current schizophrenic state of paralysis and upheaval may trigger the rise of a party – perhaps as yet unknown – of the ultra-extreme right or left.
Anarcho-Capitalism, Andy Duncan, Austrian Economics, Brexit, British Government, economics, energy crisis, European Union, globalization, Individual Freedom, mainstream media manipulation, political correctness, politics, propaganda, Socialism
May 10, 2017
Doug Lain discusses some of the ideas in Mark Fisher’s book Capitalist Realism – Is There No Alternative? It is easier to imagine the end of the world than the end of capitalism. After 1989, capitalism has successfully presented itself as the only realistic political-economic system, a situation that the bank crisis of 2008, far from ending, actually compounded. Fisher’s book analyses the development and principal features of this capitalist realism as the lived experience of our everyday lives. Using examples from politics, film, literature, work and education, it argues that capitalist realism colours all areas of contemporary experience, is anything but realistic, and asks how capitalism and its inconsistencies can be challenged. For Fisher, spiralling rates of poverty, inequality, depression, and disenchantment are warning signs that the system as we know it is in deep trouble.
Anarcho-Capitalism, Austrian Economics, consumerism, corporate control, corporate state, Doug Lain, dystopia, economics, Individual Freedom, Marxism, politics, popular culture, Socialism, steady state economy, sustainability
May 11, 2016
Andy Duncan discusses the forthcoming EU Referendum and related issues. On Thursday, June 23, 2016, citizens of the United Kingdom will vote on whether or not to remain part of the European Union. The United Kingdom’s membership of the EU was achieved in several discreet although ultimately orchestrated stages. Since the formation of the European Economic Community in 1958 which later morphed into the European Union itself in 1993, the entire scheme has seen ever deepening integration and interdependence between an increasing number of member countries, with the UK itself joining in 1973. Its restlessly expansive aims and ambitions were divisive then and they remain so today, arguably more than ever.
Anarcho-Capitalism, Andy Duncan, Austrian Economics, Brexit, currency collapse, economics, European Union, gold, Individual Freedom, mainstream media manipulation, politics, propaganda, quantitative easing, sound money
July 28, 2015
Andy Duncan discusses the Greek financial crisis and problems which threaten to engulf the entire European Union. Greece is currently mired in debt, but it is not alone. To some extent, all the countries of the European Union – like most nations worldwide – are running unsustainable deficits. Those countries that also have the Euro as their currency are in even deeper trouble. Greece and the rest of the so-called P.I.G.S. – Portugal, Ireland and Spain – are merely the tip of the iceberg. If Greece were to exit the Euro, it would be the first major sign of the entire project shifting into reverse, and the ideologues behind the scheme cannot allow this to happen. If Greece goes, others will surely follow. The true nature of the European Union as a purely political construct is being revealed.
Anarcho-Capitalism, Andy Duncan, Austrian Economics, Bank of England, corporate control, corporate state, currency collapse, European Union, gold, Individual Freedom, police state, quantitative easing, silver, Socialism, sound money
April 27, 2015
Andy Duncan discusses the 2015 UK General Election and the wider political scene past, present and future. Like many political systems around the world, UK politics is deeply divided and in a growing state of disarray. Many feel that voting in the UK today has become all but irrelevant, and in future may achieve little more than cementing a series of incoherent, toothless and conflict-ridden coalitions. In the face of enormous challenges, we get little from the political class beyond predictable, undeliverable policy promises and outright bribes for special interest groups during arguably the most unpredictable UK election of the modern age. And yet many citizens still believe that their vote actually counts for something when in the vast majority of cases it rarely – if ever – makes any difference to anything.
Anarcho-Capitalism, Andy Duncan, Austrian Economics, Bank of England, British Government, currency collapse, European Union, globalization, Individual Freedom, mainstream media manipulation, political correctness, propaganda, quantitative easing, Socialism, sound money, World Government
December 13, 2014
Monetary reform activist Bill Still discusses his latest documentary Jekyll Island: The Truth Behind the Federal Reserve. What’s the real problem with the world economy? It’s debt. Too much personal debt, too much corporate debt and – most importantly – too much government debt. People have a natural tendency to want to spend now and pay later, and governments are no different. The problem is that government money mostly comes from just two sources; taxation and borrowing. Governments can either raise taxes to cover their reckless spending, or borrow from private banks and continue to kick the financial can down the road. Unfortunately, the vast sums governments owe to these private, for-profit banks continually attracts interest, and this mathematically un-payable debt is now strangling the life out of the economy of every nation on Earth.
November 6, 2014
Dominic Frisby discusses his book Bitcoin: The Future of Money? In 2008, while the world was busy panicking about the global financial crisis, a computer programmer called Satoshi Nakamoto posted a message on an obscure mailing list. ‘I’ve been working on a new electronic cash system’, he said. ‘It might make sense to get some just in case it catches on.’ Nobody seemed to care. But what he had created would become the world’s most famous alternative currency: Bitcoin. Economists, anarchists, speculators, computer coders, libertarians, criminals and entrepreneurs were inspired across the world. Early adopters would make a return two million times larger than their investment. Now it seems that Bitcoin will do to banking and finance what email did to the postal service and what the Internet did to publishing.
September 4, 2014
Andy Duncan discusses the forthcoming Scottish Independence Referendum taking place on Thursday, 18 September, 2014. The prospect of Scotland breaking away from the rest of the United Kingdom has always been controversial and divisive. For every argument in favour of such a move, there has been a counter argument warning of the dangers of secession. Debates about what currency an independent Scotland would use, how it would pay its bills, which army would defend it, and whether it could – or should – become a member of the European Union have raged constantly, now kicked into high gear as the referendum itself draws near.
April 24, 2014
Publisher of the Trends Journal and founder of The Trends Research Institute Gerald Celente discusses his work and the world in 2014.The Trends Journal alerts readers to critical domestic and international trends long before they show up in the mainstream media. An information-packed quarterly, the journal covers business, economics, politics, social developments, health, environment, education, the arts, science, technology, philosophy and entertainment. Gerald is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, he and his team observe and analyze the current events forming future trends for what they are – not for what we might want them to be. These cutting edge trend forecasts allow readers to anticipate change, recognize the implications, and take proactive measures for protection and profit. Gerald and the Trends Research Institute also provide research and consulting services to businesses and governments worldwide.
Austrian Economics, Bank of England, barack obama, big brother, corporate control, corporate state, currency collapse, Gerald Celente, gold, Individual Freedom, mainstream media manipulation, police state, quantitative easing, silver, sound money, surveillance, World Government