THE PREDETERMINED WAY OF DEVELOPMENT
Banking institutions are the main investors (creditors) in the modern economy simply because they have the right to print money. This is a financial form of exploitation of the civil society. The society has the right to demand that the government take necessary and working decisions to modernize the financial system in interests of the population. By rejecting ‘the gold standard’, banking institutions predetermined this way of development. Otherwise, the crisis will only deepen. This is a way to default, to bankruptcies and depression, to mass unrest, to violence against the population by the government, to the collapse of the state systems and domestic and foreign military conflicts. Our past history shows what such plots are fraught with, but the world is moving forward, and modern weapons can destroy not only people but also the environment.
The current social and economic formation is not essentially capitalism any more, because the notion of the ‘capital’ has been rendered innocuous, lost its real content. The classic capitalism existed, when money was backed with real material values - ‘the gold standard’ - and the process of capital forming through the accumulation by the business of added value of products they sold. It was this accumulated capital that went towards investing in production. Nowadays, bankers are main investors. Modern investment (credit) money is created as a result of uncovered issuance. To put it simply, modern investment is computer figures, and it is not capital in the classic meaning of it.
In fact, we live in the times of ‘monopolist communism’, because head of the financial sector of the economy in conspiracy with government bureaucrats, have appropriated the monopolistic right to use the communist principle of benefits distribution: ‘from each according to his ability, to each according to his need’. Under law, state bureaucrats provide financiers with the possibility to get material values in exchange for printed credit money, which is not backed with material values from the beginning. The unique characteristic of investment money - to attain commodity content in circulation - is used. But it is not banking institutions, which create material values, but the producing sector of the economy, which does not belong to banks (yet). Financiers, in their turn, provide bureaucrats with a cushioned life using, in part, various corruption schemes.
Life shows that ‘the monopolist communism’ contradicts interests of the society and the state. It is this current system of benefits distribution that is leading the global economy to a collapse and is pushing the society to degradation.
The number of representatives of the producing sector of the economy who can invest their accumulated capital (under the old classic scheme) is about 1 million people, less than 1% of population now in Russia. Entrepreneurship cannot develop without investment. Waiting for the time, when the class of capitalists is born and developed and has accumulated necessary capital, like in the olden days, while the U.S.A. has long been using a wide-scale money emission for investment is a way to always lag behind. To copy the American (credit) principle of investment is a way to a deadlock leading to a wholesale systemic crisis.
K. Marx’ genius is in his forecast that as technological progress, economic and humans relationships develop, the human race will inevitably realize the necessity to introduce a new, most progressive principle of benefits distribution: ‘from each according to his ability, to each according to his need’. By the way, Maslow’s hierarchy of human needs also pushes to understanding that this principle is obligatory.
K. Marx thought that the new principle of benefits distribution can be introduced via a communal way of economic management with public ownership of production facilities. But historical developments demonstrated that it is not the owners of production facilities, who manage economic processes, but those who control money supply and money flow distribution.
State bureaucrats headed by one-party (monopolist) political system managed finances under socialism. Under capitalism, it is managed by representatives of the commercial banking system headed by the IMF and its management core, the Federal Reserve. It is obvious that the bankers (like any other businessmen) do not have the goal of a prosperous society, their main goal is profit. The well-known means for it is exploiting people and natural resources.
By obtaining the right of an unlimited monetary issuance, the financial system, together with state bureaucrats, obtained an uncontrolled right to exploit people. The system is immoral to the core. And the fact that it inevitably leads to ‘economic cycles’ (crises) is good because the civil society quits it anabiotic state and get the possibility to claim its rights loudly during a crisis. If the people are unwilling to be under the exploitative oppression of financial structures, it is necessary to take concrete and decisive steps aimed at modernizing the financial system in interests of the society.
A crisis is a situation, where there are all grounds to stop playing to imposed rules. To change the rules of the game, we have to decide first - where do we want to move? To progress, to the growth in people’s prosperity, a harmonious development of each person or to regress, degradation, defaults, mass bankruptcies, degradation and extinction of indigenous population? If the wish to move towards progress is obvious, the necessity of reassessing the current value system must be obvious too.
The state economic system, where the population is a means to the existence and development of business, must be altered, otherwise it is doomed. Calls on people to be moral in an immoral value system are absurd. This is the same as if we deceived someone and told him: “be honest!” But the current system can only alter when people’s interests and, accordingly, interests of the whole society, become a priority. It is impossible to overcome the global economic crisis and stop the decline of the civilization without a drastic change of the current financial system. Only the creation of necessary financial mechanisms aimed at growing prosperity of people and their harmonious evolution will provide necessary incentives for a further economic development.
If the world (our idea of it) is turned from top to bottom, the fact that the only measure of all values, and, accordingly, the main value in the world of people, can only be people themselves, becomes obvious. Thus, the only conclusion: the tool which moves cash flows and creates incentives for the development of the producing sector of the economy must belong not to the financial (usurer) sector, but to citizens, who are most interested people, who are the meaning of existence and development of the economy.
The problem is in the fact that many people are enslaved by old and false stereotypes of thinking. They believe that they cannot influence anything in this world. But public officers always take their lead from the public opinion (if they want to hold on to their positions). Now is the time we stop behaving like ‘blinkered horses’, who are obediently running to a precipice. Thanks to a quick and all-encompassing development of internet technologies, now is the time when ordinary people get a real possibility to claim their vital rights loudly. The only thing they lack is the support point.
The national idea to create new and progressive social and economic formation based on the priority of social development is the lacking link around which the society can be united: ‘Give me somewhere to stand, and I will move the earth,’ as Archimedes said.
The global economic crisis directly showed the necessity of revolutionary changes in the financial sector of the economy. But it will not be the revolution with armed upheavals and a civil war, which we all know from history. The main weapon of the revolution will be a computer mouse and the main events will happen in the internet, on the virtual platform of public opinion, which is potentially a huge mover and nothing can counteract it.
Of course, the evolutionary way is preferable for the society, but it is impossible to do without revolutionary changes in the current situation (due to understandable reasons we’ve described here). Although the financial system has degenerated into an Ouroboros, specific people, who line their pockets in the process, are interested in its lengthy agony. But they are blinded by dollar signs in their eyes and do not see and do not realize that the continuation of the agony is fraught with a catastrophe for themselves and the whole civilization, in line with a saying ‘a delay is tantamount to death’.
It is only the public attention that is capable of breaking the situation, the civil society now has all the necessary information tools to claim its disagreement with being exploited by financiers. Now is the best time for it, because the existent financial and economic system has proved its inconsistency and viciousness for a further development of the society.
The current social and economic formation is not essentially capitalism any more, because the notion of the ‘capital’ has been rendered innocuous, lost its real content. The classic capitalism existed, when money was backed with real material values - ‘the gold standard’ - and the process of capital forming through the accumulation by the business of added value of products they sold. It was this accumulated capital that went towards investing in production. Nowadays, bankers are main investors. Modern investment (credit) money is created as a result of uncovered issuance. To put it simply, modern investment is computer figures, and it is not capital in the classic meaning of it.
In fact, we live in the times of ‘monopolist communism’, because head of the financial sector of the economy in conspiracy with government bureaucrats, have appropriated the monopolistic right to use the communist principle of benefits distribution: ‘from each according to his ability, to each according to his need’. Under law, state bureaucrats provide financiers with the possibility to get material values in exchange for printed credit money, which is not backed with material values from the beginning. The unique characteristic of investment money - to attain commodity content in circulation - is used. But it is not banking institutions, which create material values, but the producing sector of the economy, which does not belong to banks (yet). Financiers, in their turn, provide bureaucrats with a cushioned life using, in part, various corruption schemes.
Life shows that ‘the monopolist communism’ contradicts interests of the society and the state. It is this current system of benefits distribution that is leading the global economy to a collapse and is pushing the society to degradation.
The number of representatives of the producing sector of the economy who can invest their accumulated capital (under the old classic scheme) is about 1 million people, less than 1% of population now in Russia. Entrepreneurship cannot develop without investment. Waiting for the time, when the class of capitalists is born and developed and has accumulated necessary capital, like in the olden days, while the U.S.A. has long been using a wide-scale money emission for investment is a way to always lag behind. To copy the American (credit) principle of investment is a way to a deadlock leading to a wholesale systemic crisis.
K. Marx’ genius is in his forecast that as technological progress, economic and humans relationships develop, the human race will inevitably realize the necessity to introduce a new, most progressive principle of benefits distribution: ‘from each according to his ability, to each according to his need’. By the way, Maslow’s hierarchy of human needs also pushes to understanding that this principle is obligatory.
K. Marx thought that the new principle of benefits distribution can be introduced via a communal way of economic management with public ownership of production facilities. But historical developments demonstrated that it is not the owners of production facilities, who manage economic processes, but those who control money supply and money flow distribution.
State bureaucrats headed by one-party (monopolist) political system managed finances under socialism. Under capitalism, it is managed by representatives of the commercial banking system headed by the IMF and its management core, the Federal Reserve. It is obvious that the bankers (like any other businessmen) do not have the goal of a prosperous society, their main goal is profit. The well-known means for it is exploiting people and natural resources.
By obtaining the right of an unlimited monetary issuance, the financial system, together with state bureaucrats, obtained an uncontrolled right to exploit people. The system is immoral to the core. And the fact that it inevitably leads to ‘economic cycles’ (crises) is good because the civil society quits it anabiotic state and get the possibility to claim its rights loudly during a crisis. If the people are unwilling to be under the exploitative oppression of financial structures, it is necessary to take concrete and decisive steps aimed at modernizing the financial system in interests of the society.
A crisis is a situation, where there are all grounds to stop playing to imposed rules. To change the rules of the game, we have to decide first - where do we want to move? To progress, to the growth in people’s prosperity, a harmonious development of each person or to regress, degradation, defaults, mass bankruptcies, degradation and extinction of indigenous population? If the wish to move towards progress is obvious, the necessity of reassessing the current value system must be obvious too.
The state economic system, where the population is a means to the existence and development of business, must be altered, otherwise it is doomed. Calls on people to be moral in an immoral value system are absurd. This is the same as if we deceived someone and told him: “be honest!” But the current system can only alter when people’s interests and, accordingly, interests of the whole society, become a priority. It is impossible to overcome the global economic crisis and stop the decline of the civilization without a drastic change of the current financial system. Only the creation of necessary financial mechanisms aimed at growing prosperity of people and their harmonious evolution will provide necessary incentives for a further economic development.
If the world (our idea of it) is turned from top to bottom, the fact that the only measure of all values, and, accordingly, the main value in the world of people, can only be people themselves, becomes obvious. Thus, the only conclusion: the tool which moves cash flows and creates incentives for the development of the producing sector of the economy must belong not to the financial (usurer) sector, but to citizens, who are most interested people, who are the meaning of existence and development of the economy.
The problem is in the fact that many people are enslaved by old and false stereotypes of thinking. They believe that they cannot influence anything in this world. But public officers always take their lead from the public opinion (if they want to hold on to their positions). Now is the time we stop behaving like ‘blinkered horses’, who are obediently running to a precipice. Thanks to a quick and all-encompassing development of internet technologies, now is the time when ordinary people get a real possibility to claim their vital rights loudly. The only thing they lack is the support point.
The national idea to create new and progressive social and economic formation based on the priority of social development is the lacking link around which the society can be united: ‘Give me somewhere to stand, and I will move the earth,’ as Archimedes said.
The global economic crisis directly showed the necessity of revolutionary changes in the financial sector of the economy. But it will not be the revolution with armed upheavals and a civil war, which we all know from history. The main weapon of the revolution will be a computer mouse and the main events will happen in the internet, on the virtual platform of public opinion, which is potentially a huge mover and nothing can counteract it.
Of course, the evolutionary way is preferable for the society, but it is impossible to do without revolutionary changes in the current situation (due to understandable reasons we’ve described here). Although the financial system has degenerated into an Ouroboros, specific people, who line their pockets in the process, are interested in its lengthy agony. But they are blinded by dollar signs in their eyes and do not see and do not realize that the continuation of the agony is fraught with a catastrophe for themselves and the whole civilization, in line with a saying ‘a delay is tantamount to death’.
It is only the public attention that is capable of breaking the situation, the civil society now has all the necessary information tools to claim its disagreement with being exploited by financiers. Now is the best time for it, because the existent financial and economic system has proved its inconsistency and viciousness for a further development of the society.