Extract from a RAW interview, explaining economics and banking system!

MQ: For myself, just to clarify what Fuller spoke of in terms of utilizing natural resources, Fuller said both Marxism and Capitalism was based on the theory of economics put forth by Malthus. How does Fuller get beyond that viewpoint of economics?

Wilson: Well it’s very simple. Malthus assumed — he was an employee of the British East India Company — he observed that population was increasing faster than known resources. So he assumed that there would be perpetual warfare over the resources, and most of the population would perish by starvation or other means, because they weren’t smart enough or cunning enough or ruthless enough to get their share or more than their share. Then Fuller pointed out that resources do not exist apart from us. Resources exist when the human mind sees how to use something. Resources accepted by statisticians and the economists have increased steadily since the time of Malthus. Resources are increasing faster than population actually. This fact is hidden from us by the goddamn banking system, which has inserted a bookkeeping system into the process, whereby every exchange has a interest   charge on it, whether you know it or not. And most of the profits are going to the banks, where as they should be going to the whole population at large, because the credit is not created by the banks, it is created by everybody who’s working.

Even me — even people who are just working at putting words on paper are creating value. And banks aren’t creating a damn thing. They’re just charging usury at  every step of the way.

Full interview in the Maybe Quarterly

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Don’t get excited by the Miliband ‘revolution’ just yet

A horse is a horse of course, of course

The Left of the Labour party breathed a huge sigh of relief and wonder at the result. Relief because of the fear that the party would not have the courage to send a message that it has grown beyond the New Labour experiment. Wonder that “their” candidate actually won and by such a slim margin over the more charismatic boy David.

What? have we moved beyond personality politics at last? Well, don’t get too excited just yet. There is a long way to go before any forlorn, card-carrying socialist can be sure that Labour has at long last grown up and provided an alternative to the right-of-centre hegemony that Thatcher introduced.

The slim margin of victory and the fact that it was the unions what won it for Mr Ed will be jumped upon by Cameron’s cronies to be sure, but was the fraternal sitcom that the contest became really a battle for the soul of the party? How many ex-Oxbridge WMCM’s do we need to see leading our political orthodoxies before the proles come to suspect that their best interests may not be getting addressed?

This observer has tweeted it before, but it’s worth remembering, how medieval noblemen would ensure their bloodline’s continuation by encouraging the elder son to fight on one side in a battle and sending the younger son to fight on the other. When the spoils are divided among the victors and the defeated are hung drawn and quartered, at least the family will be richer than before.

Ok, this might be a cynical over-egging of the politicking of this situation, you might even say it is beyond comprehension and demonstrates extreme naivete to suggest that such conspiracies could take place in secret. You may be right. There is however a lingering suspicion of some plot beyond the exoteric politics of candidates and free votes and Westminster seats and the whole cosy rigmarole of parliamentary democracy that we all now know to be a farce anyway. I don’t just mean the Miliband machinations. This spurious suspicion of shenanigans would have to extend over decades and parties and various puppet prime ministers. It is unbelievable. Mad. Insane. And yet, I cannot shake it off.

What is it that distinguishes the brothers? Obviously their support of Tony and Gordon means that politically they are pulling in different directions…(sic). David, the arch-Blairite, the Iraq war supporter, the orator, the bottler. Ed, the Brownian, the Iraq war decryer (now it won’t be political suicide), the union man, the friend of Tony Benn. All of this has been alleged and pored over by various commentators, but it’s the similarities that get me.

Look at the Milibands and compare them. Aren’t they really very similar to the coalition partners?

This is where the conspiracy theory just niggles and niggles. We’ve been here before. The choice for Labour was between two career politicians that are in the media-friendly Oxford mould that Cameron and Clegg – and Blair before them – so smoothly filled. Brown rather squeezed into it, but the general tone of policy was the same – conservative.

Since the general election the Labour party has wrung its hands and gnashed its teeth as it frantically sought a spin that could now distinguish it from the Lib Dems. Just as Lib Dems gnashed their teeth and worried their agnostic equivalent of prayer beads as they found themselves promoting tory policies in diametric opposition to the (oh-gosh!) exciting alternatives they had offered during the campaign. But neither acknowledged the real problem. Liberalism, like socialism before it, had become passe among the chattering classes. Policies didn’t really matter, it’s all about how the media reflect the candidates, who are caught in the self-deluding mirror of ambition: who is the most electable of them all?

Ed Miliband realised at some point that there was an unrecognised silent but significant sway among the Labour members and unions that was starting to gain confidence where it had previously been derided and dismissed. Their message became increasingly heard: Labour didn’t win elections by becoming the mini-conservatives called New Labour; nor did they lose in 2010 because they were left of the Tories. They clearly weren’t that anymore. They won and lost by appearing to be different. By promising that things would only get better.

In 2010, the electorate wanted an alternative to New Labour conservatism and in their confusion the voters split the vote three ways, with many ex-Labour voters believing the Lib Dems were the New Left. So Ed became the Left’s great white hope. It’s no surprise this happened. Just as thoroughbred David had been raised to lean right, thoroughbred Ed had been bred to lean ever so slightly lefter. In all likliehood neither understood the forces that have shaped their candidacies. But they both understand their roles in the great play.

Getting elected is the only good. That’s modern politics. After that the battle is over and the spoils are divided. The manifestos and legislation and ministries and change programmes are mere flotsam. Even the players are mere cannon fodder. There is a bloodline that goes on – an undercurrent continues to draw the country in one direction and the new ruling class will take the sensible decisions to protect the bloodline, as is their wont.

So will Ed revive the Left? Will he prove to be the antithesis to Blair?  There is no right and left anymore. There is a new aristocracy and Ed Miliband is no revolutionary.

Would that I am wrong.

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Capitalism 4.0

We are often told that bankers and other richly paid and pensioned private sector high-flyers need to have their bonuses and conditions to keep them in this country and motivated to work in these jobs.

If the pension guarantee is removed from the public sector there will be no choice for the upcoming talented people who wish to contribute their service to society (rather than to making wealth) but to pursue another course.

The retraction drum being beaten just now will lead to a war of attrition and potential ruin of our public services of which the country should be proud, not ashamed.

Not long ago it was capitalism that had peaked and needed to be reined in, now the public sector – and its workforce – has been transformed into the irresponsible monster in our midst. Paying the national debt, if that were ever possible, would be eased by a transformation of the tax regime.

The rich get richer and the poor get their taxes raised, lose their jobs and get asked to work till they drop. That is “capitalism 4.0″. The nice pleasant sensible sounding horses for courses option of using the market to provide services where possible is just a cover for the latest bunch of ideological crazies. Of course we have all accepted the need for a mixed approach, what’s happening is a take-over and there will be no way back.

On a lighter note, the audacity of the millionaire idiots and their lackeys is quite amusing!

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The first ‘real’ post!

Well, here it is, the first real post on the new blog. The self-referential, self-conscious one: stumbling like a true Scotsman heading home from the boozer on the night England get stuffed by the USA in their first world cup game; awkward and shy, like the teenaged debutante exposed, in front of her friends and nascent beau, for having abandoned her prom-night dumpster baby; as self-deprecating as the pre-election Tony Blair hiding a Thatcherite purpose behind a mask of reassuring leftiness; rambling like a pretty rose that finds her own merry way o’er the crumbling dry-stane dyke of life’s piled-up woes!

Uh-oh! Purple prose alert. Came over almost as densely packed as one of Charlie Brooker’s tv reviews.  See what I mean? No, me neither, so let’s just get on with it. What windmills are gently turning in the breeze for me to tilt at?

I could start with the fear factor engendered by the horror of the public-sector cuts that David ‘Freddie Kruger’ Cameron and his similarly privileged pal, Nick ‘Hellraiser’ Clegg are about to unleash. Or the gulf of Mexico oil leak and how Obama’s grandstanding criticism of BP and by extension, the UK, is redolent of fascist finger pointing at ‘the other guy’.  Or I could begin with the impending trial of GM potatoes that has the potential to prevent blight and feed millions more profit into the biotech industry.  Or how about I rail at the Labour Party election campaign which has already failed to present any real choice beyond the well-scrubbed middle-class schoolboys that have been governing for the last [insert your age here] years. Or I could pick a ‘softer’ target, for example the Queen’s honour for actress Catherine Zeta Jones and other already-honoured individuals announced today?

But no – rather than start as curmudgeonly as I mean to go on – I am going to start with a positive. The glorious Tshabalala opening goal for the hosts in the South African world cup. Wasn’t it a beauty! Almost as splendiferous as the scorer’s tongue-tingling surname.

There. First post over. Phew, glad that’s done!

I don’t know if I will manage to keep this up, I’ve never been good at keeping diaries, constructing essays or expousing reasoned polemic so I’ll just take it as it comes, putting no pressure on mysef. If I enjoy it fair enough, otherwise it will lapse. Heigh ho.

Au revoir till next time,

Marmaduke.

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Is this thing still putting ads on my posts? don’t click, test only.

blah!

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Nearing #bbcqt time!

Been watching #borat but its nearly time for the serious business of Question time. >

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Just set up a blog! http://poindersister.com Now for some quality ranting!

I’ve just set up a blog at http://poindersister.com ! The blog will let me write the same sort of annoying rubbish as before, but now I can be a lot more long-winded about it. Both bloglines and tweets will be published on the blog. Happy days indeed. Here’s a nice wee picture to celebrate the new venture.

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RT @JimGellatly Have England w…

RT @JimGellatly Have England won the World Cup before? They’ve kept that quiet.,,,,,,, .. WHO ?

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Nearly midnight. Nearly Thursd…

Nearly midnight. Nearly Thursday again. The politics day. #bbcqt #thisweek

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Labour won 3 elections, but it…

Labour won 3 elections, but it was hardly a successful period if you just abandoned all Labour principle. #c4news @carolineflint

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