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Economic Capture - Money Power in the WorldViews: 163
Mar 04, 2010 12:17 am re: re: re: Economic Capture - Money Power in the World

John Stephen Veitch
Thanks for that Thomas.

Your data demonstrates that the banking system as it's currently structured vacuums up all the economic surplus for itself. In the process it destroys jobs and industries and set up unrelenting competition for resources. No matter how hard the companies and the people work, they ALL LOSE, because the banks collect the winnings whatever happens.

James Booth has been worrying about this your some years. Generally he seems to have concluded that it's to do with the central bank, the Federal Reserve.

My view is that the problem has much more to do with general economic theory, and the role of banks in that.

Then we add on a complete failure to regulate banks and to keep them in their proper role, because we don't understand what real wealth is. (Too many of us think real wealth is money.)

SO we encourage MONEY and we destroy jobs and the environment, and justice, and social structures, and eventually the society in which we all live. It's the story of "The Golden Calf" (See the old testament) all over again.

What's the solution? De-schooling ourselves. Getting rid of all the wrong ideas that trap us in this destructive cycle of self made foolishness.

How? Well the new constitution of Ecuador, might give us some clues. So does this web site:
http://pachapeople.org/

John Stephen Veitch; The Network Ambassador
Open Future Limited - http://www.openfuture.co.nz/
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