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Connecting Petrograd, planning and the art of government – The economics of financial Nations hunters

Login Petrograd, planning and statecraft

The economics of financial Nations hunters

Wendell W Solomons

CityVista_gmail.com

In brief

Piracy once roamed the seas. That was the status quo. The story goes that Queen Elizabeth I authorized naval commanders, including Sir Walter Raleigh, to plunder merchant schooners. Over time, piracy at sea seriously interfered with the trade of merchants. It promoted the development and acceptance Conventions by countries against piracy at sea and that was declared illegal.

In contrast, modern standards have been developed to prevent the invasion of the financial economy, by attackers were put aside. The Anglo-American alliance, represented since 1976 by Ronald Reagan and Margaret Thatcher, phase safeguards that delayed financial Raiders. Thirty years later, several large banks have become wary because of fraud unprecedented in the financial markets.

Currently Germany, Chancellor Angela Merkel is at the forefront of the EU to set new rules for trade between countries can flow without unusual price increases. Furthermore, the survival of a nation needs more rationing and state provided for the distribution efficient use of commodities such as food.

The Chicago school of monetarists – that justified the invasion by attacking financial – Was not able to persuade China to abandon its system of central planning. Therefore, developing this great country will cope better with economic recession world.

Former Warsaw Pact countries, including the Czech Republic, Poland and Russia use budget systems today that can be reinforced through Activation of planning their own resources. Specialists in planning in East Germany can also share the experience, which helped raise the economy since 1945 after the destruction of war.

On the other hand, trade flows will be affected today by the nations that rely exclusively on senior financial planning. The 1997 currency crisis, which affected Japan, South Korea and other U.S. allies in Asia, brought up the subject of terrorist financing. In what appears to be the end of a chain of events, names of major financial organizations in the hemisphere West, receives mention in connection with the loss of vast resources.

Full report

Every writer on economic issues, at some point of quoting Adam Smith. So did the Chicago monetarists when, during the last 30 years advised its plans to allow deletion of safeguards and the invaders Citing financial reforms in the free flow of capital, people drown in rogue instruments including stocks, bonds or securities of WorldCom, Enron and AIG.

"Economy" was known in the art govern. However, the 18th century gave to Adam Smith, Professor of Moral Philosophy at the University of Glasgow, an eminent, surpassing all others. Two millennia before Aristotle, who acts as guardian of Alexander, had been using the term "Oikonomika '(dictionaries derive" economy 'Of the Greeks.) Farther east, Kautila adviser, who serves as indigenous rights, evoked several volumes entitled "A rtashasthra' ( ' Worth Treaty ").

It was in 1757 that trace the events that contributed to the eminence that Adam Smith obtained. The year saw of Benjamin Franklin, a prominent scientist and statesman, called on account of the richness of the Latin colonies across the Atlantic. Here are words recorded when Benjamin Franklin was called to speak before the British Parliament on the wealth of the colonies:

"That is simple. In the colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of commerce and industry for the products pass easily from the producers consumers. Thus, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay anyone. "

Remarks by Franklin, in terms of the currency in the private financial alarmed Parliament.

The financiers of the Union, the Bank of England was incorporated on July 27, 1694, as a limited partnership with a capital of 1.2 billion pounds. The company received the right to issue notes and a monopoly on corporate banking in England? in exchange for an immediate loan to the king of all the treasure. It had been estimated that the treasure would never be returned while that the king's interest is still accumulating cash in your hands in perpetuity. Through this action (1) the king would become a fixture of your company and (2) as receiving authority to print and issue tickets in return the treasure? His power progress on the ground by leaps and bounds.

After Franklin's words on the economic issue, financial counter-attacking pace in the American colonies. They had to force the colonies to give up the idea of issuing debt free currency, a competing product. Consequently, his bank of England won in Parliament and King George III signed the Currency Act of 1764 with the decree which the colonies to stop printing its own money. Staging terror financing, the bankers also saw the delivery of cargoes of counterfeiting Colonial Scrip to contribute to the economic depression in the colonies.

Benjamin Franklin Pioneers the study of electricity storm [photo]

Benjamin Franklin recorded, "In a year, conditions were so reversed that the era of prosperity ended, and a slump in aggregate, to the extent that the streets of the Colonies were filled with unemployed. "

This led to the colonies in the war with Great Britain and two decades later, the rebels decided on the unilateral declaration of independence on 4 July 1776.

George III's government however continued to war with the settlers in the money floating around the city the same year in London. The borrowed money was even more in recruitment men in Germany to serve as British soldiers. Because loan volume grew big, some in the financial city reasoned that imposing additional people in mainland Britain to bring interest payments on the continent rebellion against the king and financiers. The stakes were too high for the financiers.

Story begins in Glasgow

It is therefore requested assistance from people like Professor of Glasgow Adam Smith. Besides deferring the rebellion at home, the other task was to condemn the supporters from all over Benjamin Franklin's debt-free currency.

Smith came up with a book in 1776. The title of the book "The Wealth of Nations" gives inadvertently over-beating Smith in the controversy for Benjamin Franklin had made when asked about "the wealth of the colonies."

Smith's work was prepared after studying the authors in Britain and abroad. It took many issues, but more importantly for posterity, Smith rearranged Bernard Mandeville 'Fable of the Bees. "This story has become famous in the 1724 edition of the book of Mandeville, where he drew a sample of bees collecting nectar to suggest that "private vices bring public benefit." and disinfection and sanctifying issue of Mandeville, Smith turned in a claim on the Invisible Hand:

He announced that each individual in the search for his own good is led, as if an invisible hand to achieve the greatest good for all. Therefore, any interference with free competition by government is almost certain that the bad effects.

Adam Smith, who proclaimed the Invisible Hand [photo]

The sanctification of Adam Smith's theory of vice Mandeville private "performs three functions at the altar of financial London City:

(1) The king calmed and the government – and helped a truce with the rebels;

(2) Smith left the financial resources to fight another day (which, for example, maintains the grounds of the have resulted in financial loss of the American colonies.) "Britain financiers could rejuvenate through the use of other markets (for example, they changed their free trade "imports of U.S. cotton imports from Egypt);

(3) In term "invisible hand" of Smith was the creation of a hyper-real partnership with the benevolent hand of the Almighty. Had devised for a population mean Christian, for comparison in this context, a Buddhist population.

Economy moves through Petrograd to the Chicago Boys

Smith assumed that to expose the financial capital, to be seen as a plutocracy or oligarchy, which at the time, the rebellion of the court in the British mainland.

Moreover, despite job losses around the world today, we see no rebellion in the tables. It makes the exchange of the sea rose?

We partly attribute this to the parade of well-funded of Ayn Rand, the ideologue behind the monetarists and long-term association guru Milton Friedman (and also the U.S. Federal Reserve Alan Greenspan.)

She had come to the U.S. in 1926-era Bolshevik Petrograd, where the viewer eager to silent cinema, found promise in the study of Social Pedagogy University of Russia. Your environment is such that instead of the concerns of Adam Smith, who had plunged into nihilists who served "Nothing matters" to calm professionals agreed that under the Tsar. Reflections on the nihilism are available in the publications of Turgenev and other contemporaries.

What is nihilism?

"However, if I may say so," Nicholas Petrovich intervened, who deny everything, or to put more precisely, that is destroying everything …. But it is essential to build well. "For the nihilist Bazarov replied:" That is none of our …. We have to make a clean start. "

Ivan Turgenev's 1862 novel of fathers and sons'

The Anglo-American background and the 'invisible hand' axiom was somewhere in the attic as Ayn Rand was to preach his doctrine of "God is I" (for that no more issues.)

If we were going to try to give voice to it in relation to Adam Smith, his doctrine states that the "invisible hand is I ". His doctrine evokes self-flattery and self-promotion in the general population, when calculated, the first among equals, the giant of the groups financial, such as Citibank, JP Morgan and Lehman Brothers, increased the lion. It's not a level playing field. Sensors rules more flexible, fly-by-nights affected vulnerable populations worldwide. In Sri Lanka, an English teacher used her television popularity among the public to create a finance company and then disappeared into the night with their savings depositors.

The writer of these events, Ayn Rand, was a first generation of Americans. Such was the case for parents of Milton Friedman and his Chicago Boys first line (the University of Chicago emerged through funding / Rockefeller oil endowment.) In short, foreigners had been catapulted to Anglo-American heritage with its historical basis in the Mayflower Compact and the Magna Carta – and someone took it seriously foreigners. This triggered dishonest because it upsets the balance of civic and ethical education that Adam Smith had anticipated.

Petrograd screenwriter of statecraft Ayn Rand

Rand wrote opaque prose, but his work led the parade, because activists other allies with large amounts of money sponsored media comments and successfully promoted the work of Ayn Rand in paperback for sale at the students and scholars on campus.

During the years of its marketing axiom cast their adulation with "self-respect." In a final phase, when Great Communicator Ronald Reagan became President, the axiom of Ayn Rand merged with the "History of the customer is king" (ie, The family advertised.) Finally, left for use in the media on issues such as, "Freedom of choice".

That slipped into the ethics and morality as [me] "Freedom of choice" [and the devil take my neighbor.] Out in No: 10, Downing Street, philosopher in residence Alan Walters, so enthralled that exalted PM Margaret Thatcher, "There is no such thing as society, only individuals and families."

The fable Rand had canceled nihilistic society and the status of Reagan-Thatcher PM allies with steel self-righteousness to sell his "useless" constituency if they wanted (ie, after collecting the deposit of the votes of people in elections.) The value of his constituency could be resolved now that the influence the prime minister's office gives the characters of Mr. Dennis and Mrs. Margaret Thatcher. But that was just the thin edge of the wedge. Ayn Rand's axiom about neglect the community has taken to encourage negligence on the part of many politicians, government officials and market regulators. This gave him the first among equals, financiers, their 30-year tickets for running.

Fraud Protection

Joseph Stiglitz, Nobel Prize 2001, the comments in part on the results of negligence, "The pursuit of self-interest by Enron and WorldCom did not lead welfare society, and the pursuit of self interest by the financial industry has brought our economy to the brink. "

Financial fraud was a known phenomenon. Anglo-American in his home state had long balanced by Adam Smith by installing filters to block offenders. The institutions that statesmen created to divert the search for self-interest is dangerous Fair Trading agencies and securities commissions. Later, myopia generated by the monetarists, ended with the filters against the creation of toxic waste.

But even beyond that Friedman, in a corresponding decline in their world I was going to confess that he had ignored the rule of law as an essential requirement in the transition to a market. Make a clean sweep nihilistic first, ask questions about civilian needs later. JK Galbraith's comments about his contemporary, "of Milton problem is that his theories have been tried. "

Today, reports on toxic waste fill media the same communication network that promotes the Chicago Boys after Great Communicator Ronald Reagan entered the Oval Office occupancy.

Without But there's more. Petrograd Ayn Rand chose to outbid the revolutionary parties, offering a more radical human freedom. Using the legend, the Chicago Boys sunk potential revolutionaries, peaceful or otherwise, in the ever-changing consumer choices that the media publicity generated? Windows Me, My Yahoo, i-Mac, i-Pod? one wave of products catering to "I" (not "you"!)

President Kennedy once said: "Those who make impossible peaceful revolutions become violent revolutions inevitable. "If a peaceful return to normal functioning economy is altered, then consumers today seek salvation in another way. If high-end financial planning finally does not pay? hypothetically speaking of the future? It is a planning system China's central that can save souls in fishing trawlers and yachts, expelled from the U.S. Pacific rim for China.

In Russia, the 6 April.2009 Vladimir Putin decided to place before the modern Duma for debate for the first time the state budget. Given their country has know-how, This step may pave the way for a salvation that includes activation of plant personnel GOSPLAN management planning. Was set aside for purposes subversive by the USAID team assembled by Lawrence Summers. Previously, he was on the reform team that he left Lithuania, the highest suicide rate in Europe. Wall Street has laid a guide veteran as chief financial piracy President Obama White House Economic Council.

Can we say "Yes, Wall Street's financial planners, will eliminate the creation of toxic waste soon? "Or maybe a super currency IMF can help nations international trade if gold is stored by traders in the gold project by the Great Depression of 1930?

German Chancellor Angela Merkel is in the forefront of the EU to return the standards for trading nations can flow undisturbed. However, for many a nation's survival will require care rationing, with the support of economic planning to use food and other resources are becoming scarce and expensive.

Coping with the downturn will be easier in China. The monetarists of the Chicago school, which surveyed supported the invasion of the invaders could not speak This large developing country in setting aside their planning systems.

Former Warsaw Pact countries, including the Republic Republic, Poland and Russia use budget systems today can be enhanced by activation of its own resources planning. Specialists in planning East Germany also can share the experience, which helped lift the economy from 1945 after the destruction of war.

On the other hand, trade flows will be affected today by the nations that rely solely on senior financial planning. The 1997 currency crisis, which hurt From Japan, Korea and other U.S. allies in Asia, brought up the issue of financing of terrorism. In what appears to be the end of a chain of events, the names of major financial organizations in the western hemisphere, receives mention in connection with the loss of vast resources.

About the Author

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