Not many people enjoy the existence of poverty. Some think it’s inevitable, others that tackling it is politically impossible. But for those with ambition, an end to poverty is a worthy enough goal. Naturally the self-congratulation will be in full flow this weekend, as celebrities and world leaders gather in New York to launch their latest effort to do just that, in the form of the Sustainable Development Goals (SDGs).
Excellent analysis, Mr. Dearden.
The following paragraph brings to mind another significant admonition--and check on power--that was never successfully implemented. It was the warning given by President Eisenhower as he witnessed the vast growth of the Military Industrial Complex and understood that it would become a self-replicating organism: its highest generals imported into weapons development firms and through the marriage of their interests, a case for permanent war built into society where it would become the new, unquestioned norm.
In this case, a parallel warning about the growth of transnational corporations could not be heeded due to the disproportionate weight held by Big Money when it comes to defining public policy. And so, these fiscal behemoths--the global corporate hegemons--now go about the world using elected leaders as puppets and sending their high-trained lawyers into closed door meetings where the will of the corporations is served up as the will of The People, and every resource from the sacred to the profane placed on the auction block, only recognized by the price anointed it by the agents of mammon (the lovers of money) and Mars rules (the MIC and its vast network of enablers, supporters, and mind controlled devotees):
"It seems incredible now that the New International Economic Order-NIEO (pdf) was really UN policy, but it passed the General Assembly in May 1974 and was regarded as much too moderate by many campaigners of the time. The NIEO declared that "the remaining vestiges of alien and colonial domination, foreign occupation, racial discrimination, apartheid and neo-colonialism in all its forms continue to be among the greatest obstacles to… full emancipation and progress." in an era when few people knew what a TNC was, Its recommendations included the "regulation and supervision of the activities of transnational corporations," as well as radical reform of the global trade regime. "
Hindsight--in terms of historical analysis--would not prove such a problem were time understood in non-linear ways so that inevitable cycles could be recognized before indications for Authoritarianism took hold. Humanity is indeed passing through such a phase and it holds major parallels with the 1930s. (I have an in-depth piece on this topic that can be found at www.astro.com if one types my name into the site search.)
"In this case, a parallel warning about the growth of transnational corporations could not be heeded due to the disproportionate weight held by Big Money when it comes to defining public policy. "
Money, what a great concept--gonna store something against seasonality, distance, etc. Perverted by the usurious system of systemic theft. The games people play...
I didn't see the population growth problem mentioned. This is typical of a lot of social justice folks who don't want to face realities other than their particular issues. Eisenhower also made a big mistake in not advocating for family planning in the 50's. No doubt not wanting to offend the Vatican. He later regretted this stance. Our priorities are out of wack. We need to spend billions on education and family planning for the millions who have no access to contraception. Women cannot improve their economic situation when they are burdened with uninterrupted childbearing. This should be a no brainer, but the Pope, the GOP and most politicians in power don't get it.
Please! why does everyone refuse to see the wood in the trees?
There is one, and only one, main cause of all our economic woes. During the 1900's our stupid/corrupt politicians signed away the Sovereign "rights" , that allowed us to print and issue our own interest free, debt free money; and since then we have all become "debt slaves". Our rights to print and issue our own money out of thin air were ceded to private banking Corporations, thus now, we borrow all our money from them, and they simply print it out of thin air, and charge us interest for the privilege. Given the nature of our economic cycles, the booms and busts, it is virtually impossible for us ever to repay all such debts, especially since, when they print our borrowings, they do not also print the money to cover the interest repayments; this simple leverage constantly acts to keep us all "in debt".
These economic consequences were recorded centuries ago in the well known fable about the man who possessed a goose that laid "golden" eggs; he sold the goose for a paltry sum and forever thereafter he was destitute.
The remedy for our problems is simple; we abrogate any agreement previously made, reclaim our Sovereign "rights" to print and issue our own debt free interest free money. This simple remedy would permit the whole World to eliminate poverty, without taxing the rich, and at the same time add a continuously recurring means of sharing the Earth's natural abundance, a share that all humans have a right to expect. Money will act as "the rationing device" for this purpose, allowing the rich to go about their greedy acquisitional processes; leaving Government to impose sensible, rational, restrictions to limit the size of great personal or Corporate fortunes, thus maintaining the necessary control of total money in circulation.
This will enable us to stop income-taxing of individuals; we may pay everyone that needs it a social wage, based on a break even computation, this will eliminate poverty and deprivation; those in receipt of the Social wage will be encouraged into employment, without loss of this Social wage, and to work for any employer for additional income, mutually agreed between them. This gives control of work and income to the "workman". Employers will gain a workforce of people willing to accept much lower wages than previously paid, thus making the employer production costs significantly lower; plus, the employer no longer collects taxes for the Government. The employer Corporation/business will pay tax annually as usual. The collection of V.A.T. or G.S.T., consumer taxes will cease.
All Government expenditures will be provided by the planned issue of our own debt free interest free money using legislation and budgets approved by Parliament. Health, Education, University courses, Infrastructure of all kinds, etc. etc. None of this is "rocket" science; we would simply be using the functions of money for the benefit of everyone, instead of only for a privileged few. The free enterprise system stays intact, unaltered.
Provided that all of these expenditures are actually "spent" into circulation they will not create inflation; inflation will occur, for instance, when too much money chases too few "goods", perhaps when engineered through "Market Manipulations" when Government oversight and adjustment become necessary.
The Government must own and run it's own Public Bank, just like the original Commonwealth Bank of Australia or the State Bank of North Dakota, which decided not to sell out or "privatise". No Private Bank or Corporation will be permitted to create money, under any guise; our financial system will revert to one of "sound " money. Sound money is that which turns around sound borrowing, lending saving and investment, controlled by being liquid cash, backed by the ownership of assets, keeping them in balance; borrowing and lending outside of these criteria, characterised as "high risk", will be permitted between parties willing to accept such risk, and then, only when it involves their own wholly owned assets.
Interest rates in the private sector will be set by the private sector Banks in competition. The floating exchange rate will be converted into "fixed" rates decided by Government, and as decided between Sovereign Nations and embodied in trade agreements. Our currency will not be traded on "Exchanges", our Nation will be immunised against the manipulated predations of the "Market".
The foregoing explains the broad brush strokes involved, but in summary we would have a Nation with little or no foreign debt, a Nation whose domestic economy sits on a solid unshakeable base, a Nation better able to compete in the wider World, a Nation without poverty whose peoples are empowered to think and work for themselves without having to worry about how they will feed themselves, a Nation rescued from the avarice of the "Money Lenders", and above all, a Government able to be free and Independent, instead of being owned by Corporate and "private" money influence. This is named "The Universal Economy" because it will operate anywhere for the benefit of everyone.
For those who doubt the efficacy of this proposal, I suggest they study the United States example. The clever banking Corporations engineered the U.S. dollar to be the Worlds reserve currency. Ever since the U.S. has been printing money out of thin air, now they have military bases spread throughout the World, their dominance and control of Banking and trade organisations allows them to place whole Nations under siege, for that is what "sanctions" do, just like in mediaeval times. They have engineered the removal of democratically elected Governments and "regimes" not willing to follow the U.S. directives. They have made War against countless Nations using propaganda and outright lies and falsifications. In recent years they have printed trillions of dollars, called quantitative easing, and poured it into foreign banks and financial Institutions trying to prevent the next economic meltdown; but it is not working because their printed money was not " spent" directly into circulation, instead it was used to inflate the prices of shares, commodity markets, real estate and the huge "derivatives" scams; the bust cometh.
Having just browsed through the full agenda there appears to be lots of scope to cite the SDGs in relation to the development of a national strategy in order to ensure that the good bits are more prominent than the bad bits. In particular the inclusion of civic society in building good governance structures, halting environmental/ecosystem degradation, ensuring sustainable consumption/production, building resilient infrastructures, reducing health impacts of pollution etc etc. Whilst the notion of sustainable economic growth and the fallacy of decoupling is potentially worrying, even growth levels of 0.01% is growth and since there is a goal overtly stipulating equality within and between countries then in theory the proceeds of growth should be shared out equitably.
Overall I think there is alot of scope to use the SDGs to transform our societies by engaging with the national strategy and as I said lobbying to ensure that the full extent of the good bits, as well as our interpretation of the good bits are included. In this respect I think this agenda is a very broad platform by which we can start to reshape the global ecological society.
A good example of that concerns food. The development goal suggests to grow more food. That in itself is not going to help. America has plenty of food and throws half of it away constantly. Government pays farmers not to plant this, that, or the other crop because of the market. Now most trashcans outside of restaurants even have locks so that people could no longer dumpster dive for the disregarded food. They rather have the food rot than someone to eat it. Fruits have to perfectly shaped otherwise they are dumped and rot. So growing more food will not help that much if these other practices are still in place.
Corruption is not a line item? How could the UN have missed this obvious target? Perhaps they thought it was self destructive.
The author of the article lays it out intelligently, with insight, decency, understanding, along with the brutal honestly that the true picture demands. He painted the framework for further discussion, in which Siouxrose11 ably and thoughtfully reinforced. Yet a few comments later, out of the blue the intergalactic thought 'provokers' descend. Says Malthus, a card carrying overpopulation wonk, “Women cannot improve their economic situation when they are burdened with uninterrupted childbearing.” Childbearing? It's not as if the only thing a mother does is water her kids twice a week for a couple of decades like some plants and do nothing else. The overwhelming portion of parenting is actually raising your kids. That biological and social activity is apparently just an annoying footnote to the intergalactic wonkers of overpopulation.
Then follows the new, old message about our fiat money epoch, as presented by THOMASWADAMS. Solving this dilemma will cure everything from the common cold to flat feet. Of course, how this monetary Machiavellianism was able to come about along with other exploitations of the population isn't mentioned beyond “...our stupid/corrupt politicians...”. No mention that in a functioning democracy that couldn't happen. THOMASWADAMS then states that this can be corrected while “The free enterprise system stays intact, unaltered.” That will make you breath easier. We'll keep the same system, the one that the highest federal court in the land adjudicated into existence over about a 40 year period from the last three decades of the 19th century into the first decade of the 20th century. None of that legislative, democratic stuff. The same system that started the fiat money epoch in the first place. The commentator makes the claim that by changing our present monetary system we can become “...a Nation better able to compete in the wider World.” 'Compete'. That word is a dead giveaway. Another euphemism from hell.
Well, now that the wonkers have done their obligations of enlightening the masses, they can now go back to the pennant races and the early NFL season. Where competing is a relatively safe religion.
An international banking regulation, that requires sovereign debt to be backed with Commons shares, with the interest payed on that debt distributed to the shareholders, and prudent restrictions to safeguard the capital, would provide a global BI. Presented as universal economic enfranchisement, it is no longer a handout, but a reasonable return on commonly owned property, and since the property commonly owned is the globe, the system to recognize and distribute that property is reasonably global.
For example: A Commons share valued at, for argument sake, $1Million, could then be distributed to each adult human on the planet, for deposit in trust at local banks, without significant cost to anyone. The total number of shares would always equal the number of enfranchised people, providing a stable base.
Further, a country with a population of 1 Million, along with state, municipal, and some level of individual participation*, could borrow a maximum of $1Trillion (equivalent) against it's citizens shares. With a debt, and a treasury of $1Trillion, the country can develop a financial plan to increase revenue to cover the $12 Billion in annual interest payments.
*Individual sovereign debt, as secured loans against that portion of Commons share that would be used for housing, to purchase a home or farm, and/or secured interest in workplace.
What seems a very large amount of money created by this new debt, really only provides a functional level. With the new money held primarily in cash reserves and secure investment, the actual increase to money supply is likely to be offset by increased production and asset valuation, since the spending of new money is restrained by labor and material availability. Observing that this limit also defines "full employment," that would also be a reasonable expectation.
Tying all fiat currencies to one base stabilizes exchange, particularly with proportional increases in flow.
Additionally, increasing the total amount of recognized wealth/available credit can functionally dilute the current, legislatively sociopathic corporate control, by enabling more representative groups of humans to compete.
This utility doesn't care what government is in control, just that each person gets to spend a share, and cast a vote in what gets produced.
I do hope some will consider how this would effect any given social problem.
Thanks so much for your kind indulgence.
You're conflating "childbearing" with "childbirth". "Childbearing" refers to the continuous activity that begins with impregnation and ends, we can hope, with a healthy, capable adult.
You're leaving out the sine-qua-non value of the humans whose health, education, and training enable transformation of material from the commons into that which will prolong and/or improve life for all.
The wealth of any community would be better reckoned by accounting for everything that contributes to the community's permanent self-suffiency plus the amount the community contributes to the wellbeing of those less-provided.
" The clever banking Corporations engineered the U.S. dollar to be the Worlds reserve currency."
Very true. And they tied that currency to the world wide oil bourse and the petro-dollar . That was why Saddam, who wanted to eliminate the petro-dollar, and Mummar Gaddafi, who wanted to eliminate the petro-dollar and sell Libya's oil in Gold Dinars had to be taken out.
I don't think so.
This utility would establish the personal sovereignty of each human, based on that.
As for the accounting, that is a rightfully ongoing process, that can only be enhanced with universal economic enfranchisement.