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Locrian's Journal
Posted by Locrian in Economy
Tue Sep 02nd 2008, 06:29 AM
I would like to learn about economics. The REAL economics. NOT the Milton Friedman Chicago School version but the old school type that believed in classifying things as productive / non-productive.

More important - I want to know why things are F-ed up in terms of how the Friedman cult has brainwashed the whole financial sector. I read Naomi Kleins book (shock doctrine) and it was amazing. But it didnt go into as much financial explanations or into the why.

I mean I just dont get it - why do they think free / uncontrolled / privatize everything / etc - why do they think it WORKS? And its NOT just because they get rich - there is too much missing to it. They HONESTLY believe they are right but WHY?

And why does their economic policies get so much play as being "scientific" and "scholarly"? Isn't there antidotes to this? Where is the old Keynesian, Adam Smith etc side? Or is it all just the billons of $$ in propaganda pushing the side for the rich?


What I want is "common" arguments to counter the "privatize it all" believe of the man in the street. I want arguments against the young 20-somethings who seem to (BTW - not all but a LOT) who just want lower taxes, and "control" over "their" social security. The "lower property taxes" - crowd (who dont get that the lower dollar just increased their "tax" by 40% by making the dollar worth less.

Any ideas???????


I thought this article "The Fictitious Economy, Part 1, An Interview With Dr. Michael Hudson" was a good start.

http://www.blackagendareport.com/index.php...
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Posted by Locrian in General Discussion (1/22-2007 thru 12/14/2010)
Wed Jul 23rd 2008, 10:42 AM
"THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation has fallen prey to this cabal of international central bankers.

http://www.themoneymasters.com /

http://www.moneyasdebt.net /

http://video.google.com/videoplay?docid=-1...

http://video.google.com/videoplay?docid=-9...
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Posted by Locrian in Editorials & Other Articles
Fri Jul 18th 2008, 07:40 AM
Donnachaidh - please have your kid look at this site. PLENTY of ammunition to combat the Friedman idiots. Good video overview too. Very good book.



In The World is Flat? Aronica and Ramdoo show that the world isn't flat; it's tilted in favor of unfettered global corporations that go the ends of the earth to exploit cheap labor, lax environmental regulations and tax breaks. This concise monograph brings clarity to many of Friedman's misconceptions, and explores nine key issues that Friedman largely ignores. To create a fair and balanced exploration of globalization, the authors cite the work of experts that Friedman fails to incorporate, including Nobel laureate and former Chief Economist at the World Bank, Dr. Joseph Stiglitz. Refreshingly, you can now gain new insights into globalization without weeding through Friedman's almost 600 pages of ill-informed, grandiloquent prose and bafflegab.


http://www.mkpress.com/Flat /

http://www.mkpress.com/FlatOverview.html

http://www.amazon.com/World-Flat-Critical-...




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