CAPITALISM - PROFIT = MISERY.

           The capitalist system is in crisis, it sounds all so rational and academic, but what it means is that across Europe people are suffering in ever increasing numbers, and to an ever degrading degree. Country after country comes under the spotlight of the media and all the talk is about the “debt” crisis, never the human side. In Greece, a country with an unelected Prime Minister, unemployment has risen from 6.6% in 2008, to 16.6% in 2011, while youth unemployment went from 18.6% to 40.1%, and heroin addiction rose by 20% during the same period. Add to this human disaster the fact that the government during the same period has cut the health budget by 40% and reduced the street-work programs by 33%. Put that toxic cocktail together and you have human suffering and deprivation approaching third world proportions. Spain fares little better, with unemployment at 20%, and 10% of families with no wage earner, plus, during 2011, 1 in 8 business closed. Italy another country with an unelected Prime Minister, is about to embark on a series of vicious slashes to public spending, which will heap more people on to the already mountainous mound of misery that exists in Europe. Here in the UK we have now passed 2.6 million unemployed, 8.3% and rising. Our youth unemployment is now over 1 million and rising, add to this our wage freeze/cuts and an inflation rate of 5% and you can see the misery indicator shooting up. Meanwhile our Millionaire cabinet cabal, keep blaming the Euro-Zone for all our ills. The fact that growth in Europe is above that in the UK, and inflation is lower than the UK, doesn't seem to register with them, it is all Europe's fault.

CRISIS? What crisis?

         The simple fact is that capitalism is crisis, it can't work for the benefit of the ordinary people, it is basically a system that feeds the rich at the expense of the poor. Profit is the aim, not human welfare, and as such, that profit must be protected at all costs. The human misery resulting from this type of value structure is never taken into account on the balance sheets of the corporate world. Throughout the entire period of history where capitalism has been the main system we have had continuous wars, raging poverty, mass unemployment and the resulting misery such circumstances produce. Of course the numbers who gain a reasonable life varies from time to time, but it is a temporary respite, soon along comes another recession, or crisis and the numbers change again, with poverty and misery growing, wiping out any benefits that some of the ordinary people had fought for and temperaly gained.

        If we want to fix the “crisis” so that all the people will benefit, then we have to demolish the present system and change our value structure to one of profit free thinking. The only answer is to create a society of mutual aid and co-operation based on sustainability. The present “crisis” of the system can only be remedied by eliminating capitalism and building a needs based system. Only then will be see an end to the misery of deprivation, only then will our youth be able to flower to their full potential.

ann arky's home.

ACCOUNTING ERROR = FRAUD.

          Everybody sees the world financial system as a very complex affair and only those highly intellegent banking people can really understand what it is all about. In truth, it is very simple, you make money out of nothing, and loan it to everybody, and then everybody is in debt to you, and you are TOO big to fail, so the taxpayers will have to give you all their money. That backed up with plain and simple fraud, and there you have the banking system. Mark Keiser explains the banking system in layman terms.

ann arky's home.

IT WILL BE WON OR LOST ON THE STREETS.

     While we in this country mobilise against the millionaire bankers' cuts to our living standards, we should not lose sight of the fact that this is not a UK problem. This is a crisis in capitalism across the globe. The financial system is in effect bust, and has to claw in money from the public to save the bankers arses. They have to raise more money from the people and take ownership of all public assets to shore up their greed gotten billions.

      As far as Europe is concerned, Greece is probably at the front line and what is happening there is in all probability coming our way. Recently the Greek government introduced a new tax very much reminiscent of Thatcher’s Poll Tax: every single house owner in the country is to face an “emergency tax” ranging between 3-20 euros per square meter (depending on their property value, location etc). Even people on unemployment benefits are not to be spared of the tax, only offered a discount instead. Practically, this means that an average household of, say, three bedrooms (approx. 100 sq m.) would have to pay an additional of 1,000 euros (!) annually in tax. It doesn't stop there, a staggering increase in VAT (from 13% to 23% for many products), and the effective sacking of thousands of public sector workers. Of course there are the usual exceptions from the new tax, no not the poor hard working, but the more leisurely, religious-use buildings owned by the Church will be exempt. The Orthodox church is the largest property owner in Greece.

      All this information looks innocent on paper, just statistics, percentages, numbers, but when it hits you personally the human effect is a different story. It means poverty in the present time with it likely to continue for decades, destroying the future of the next generation, stress and anguish which at times can be unbearable. Friday 16 September in the Greek Northern city of Thessaloniki, a 55-year old man tried to set himself alight in front of a branch of Piraeus Bank, in protest and desperation for his mounting debt to the bank. He was rescued by passers-by and police and has been transferred to hospital.

      You can write, text, send emails to your MP, decide to change who you vote for at the next election and it will all be to no avail. This is not a national crisis, it is global and it will be won or lost on the streets. It is the system that has to be changed, not the bums on seats of power, nor the smiling faces at the podium.
Some of the details here were taken from

http://www.occupiedlondon.org/blog/

ann arky's home.

 

CAPITALISM IN CRISIS.

       

        Deleveraging, structural adjustments, severely adverse developments, how these words translate for you and I is, harsher conditions, slashing social spending, rising long term unemployment, as the billionaires, hedge funds and bond markets try to get out of the shit they dropped themselves in by their rampant greed. For those interested in information that hasn't been neutered via the mainstream media, you could do no better than visit, Capitalism in Crisis. The following is just a short extract.

      

       After four years---the financial crisis and the ensuing policy responses continue to cast long shadows. Economies and financial systems are still vulnerable to even modest shocks, and the likelihood of severely adverse developments has not decreased.

        In the advanced economies at the centre of the crisis, overall deleveraging and structural adjustment is still incomplete.

Http://www.marketoracle.co.uk

  - - - "We estimated in 2009 that the world had about $30 trillion in ghost assets. Almost half went up in smoke in six months between September 2008 and March 2009. For our team. It's now the other half's turn, the 15 trillion USD of ghost assets remaining, purely and simply vanishing between July 2011 and January 2012. “The insolvency of the global financial system, and of the Western financial system in the first place, returns again to the front of the stage after just over a year of political cosmetics aimed at burying this fundamental problem under truckloads of cash.”

       Do we need a system that throws the majority of the population into deprivation, and robs them of the future and all hope, so that the billionaires can try to recover their losses from their addiction to the gambling casino?

ann arky's home.

MONOPOLY FOR MILLIONAIRES.

        As I keep spouting, this “financial crisis” is the corporate world's opportunity to plunder all public assets, and further proof comes in the words of committee secretary Eric Pickles, who has called on all councils to make a list of all their public assets. Land, buildings, art treasures, etc. and to have a look at them to see what can be sold off to raise money to help the council through these hard times. On the understanding that the councils are suppose to represent the people and to look after their assets, how can selling them off to millionaire spivs benefit the people in the long run?

         This is just another opportunity for the millionaire cabal in the Westminster Houses of Corruption and Hypocrisy to sell off what is left of the country to their millionaire chums in the corporate world. The know their class and they will be loyal to their class, they know how to fight a class war. This is a continuation of the public school thugs 1980's game of monopoly, sell sell, sell, but what they are selling to their millionaire chums is not theirs to sell, it is ours and we are not even invited to the game.

          We are heading rapidly to a corporate world where there will be no public spaces, no public assets, where society will have a notice, if you can't afford the price, then stay out. Welcome to corporate fascism. Is this what we want to bequeath to our children and grandchildren?

   ann arky's home.

CHANGING FORM OF CAPITAL CRISIS.

      
         Some interesting details on the on-going crisis that's, according to the optimistic, is over and we are now looking for GROWTH, the capitalist's panacea. You can read the full article at LINKS Internation Journalof Socialist Renewal.

         "---Perhaps the first indicator that the capitalist crisis is still unfolding is the rise in unemployment in many advanced capitalist countries.

         How many are affected by this? According to the latest figures of the International Labor Organisation, 205 million workers are jobless and the capitalist crisis has destroyed 30 million jobs since 2007.

        Unemployment in the United States rose from around 4.5% in late 2006 to 10% in 2009. In March 2011 it had slightly fallen to 9%. In Europe, the crisis has restored mass unemployment in a number of countries: in Spain (20% in 2010), Ireland (14%), Greece (12.5%), Portugal (11%). Millions of people are thus reduced to idleness since the unfolding of the crisis.

        The second form of the continuing capitalist crisis is the crisis in state finance. Sovereign debt has thus become the centre of the crisis since 2010 and the default of Greece.

       The global recession, but also state intervention to save the banking sector, led in the advanced capitalist countries to a significant increase of the weight of sovereign debt in national economies. This does not concern only the peripheral economies of the eurozone since the same phenomenon affects the US, Japan and the core EU countries. Hence, the austerity measures adopted by governments (“left” and right) to reduce public spending and satisfy the demands of financial markets (whose criteria is a more or less 60% of GDP in public indebtedness). ---"    READ ON---

ann arky's home.

ANTI STRIKE - PRO PARASITE.

           Everybody knows that the so called “financial crisis” was caused by the unprecedented greed of the financial sector, even the millionaire cabal sitting in the Westminster House of Hypocrisy and Corruption know this to be a fact. However, we should not lose sight of the fact that the “financial sector” is not something out there with a life of its own. It is nothing more than a bunch of arrogant, self-centred, greedy parasites, with too much power, all friends of the millionaire Con/Dem coalition. Recently the Cameron half of the public school thug duo, showed his true colours with a statement of his intent. As the “austerity cuts” begin to bite and the ordinary people start to organise to fight back in an attempt at avoiding a return to an era of Victorian poverty, the millionaire Cameron stated that he will introduce legislation to prevent strikes. After all you can't have the workers trying to hold onto what benefits they gained over years of hard struggle. At the same time his response to those responsible for the “financial crisis” in the first place, is to state that he hopes to get rid of the 50% tax rate as soon as possible. So while the greedy parasites gorge on fat salaries and monopoly style bonuses, with the promise of a tax cut, we at the other end who are expected to take the brunt of the misery being handed out are to have restrictions on our ability to defend ourselves.

         One of his suggestions to restrict the ability of the unions to organise a strike is to insist that the call for a strike must be passed by more than 50% of the total union membership. Everybody knows that there are a lot of union members who don't or can't vote but will support the union decision. It would be almost impossible to get a 100% turnout at any vote so a strike ballot is likely to declared invalid. If the Cameron/Clegg public school thug duo want to be so democratic then perhaps we should apply the same rule to election of MPs only being voted in to Parliament if they receive the support of more than 50% of the total voters in their constituency. Likewise, no law or legislation could passed unless more than 50% of the total number of MPs in the House of Hypocrisy and Corruption vote in favour of the motion. Think how that would work when you consider that on most occasion there are only a handful of members present in the Chamber.

         However we know that as for democracy, it is what they preach, but will do everything in their power to make sure that we never see the real thing. True democracy will only come about when we the ordinary people take control of our communities and work in federation with all other communities building a needs based society founded on mutual aid, co-operation and sustainability. In a word, anarchism.

 

 

ann arky's home.

THE FINANCIAL CRISIS IN LAYPERSON'S TERMS.

       It is not often that we get a chance to hear the "financial crisis" as they call it, the grand larceny as I call it, explained in good old fashioned layperson's terms. If only the news readers used the same down-to-earth language, it would make watching TV almost acceptable. There are many words and phrases to describe the bankers, banksters to greed merchants, but I think wanker bankers has a poetic ring to it, and it will take its place in the Oxford English Dictionary.



ann arky's home.