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Forum Post: The Impossible Dream

Posted 1 month ago on Sept. 11, 2019, 9:50 a.m. EST by agkaiser (2383) from Fredericksburg, TX
This content is user submitted and not an official statement

When I was five my three year old brother and I were killing Japs in the basement on a rainy day. Our older sister was taking clothes off the basement lines. We chanted "Yap yap yap, another dead Jap," as we fired our toy pistols. It was 1951 and our know it all older sibling pointed out that commies were the enemy now. We tried to fix our death song but ended up doing something else. I didn't find out till much later that the struggles against communism were in defense of the impossible dream of wealth created on Wall St.

Most trades and price increases of stocks, which originated in IPOs or other stock issues from a source business, invest nothing in the real economy. They make something out of nothing. Yet that pyramid scheme, like the real estate Ponzi, is responsible for the prices and height of the indices that everyone thinks indicates the health of the economy and the glorious victory of the Wall St Oligarchs over Socialism.

Sound familiar? If so, let me know? It would be a pleasant surprise to find out that someone actually reads my attempts to enlighten. Ok. Yes. That's self indulgent and I apologize.

But repeating the fact that much if not most economic activity is non productive and makes something out of nothing is absolutely necessary. Think about pharmaceutical and health care provider corporations price gauging, while wasting billions on advertising and creating proprietary products instead of cooperating with the people they serve and one another to create superior health care.

Think about every industry that funds university research that fifty years ago would have been shared in the public domain (like BSD, MIT's X-Windows, the IBM PC Architecture were) but now creates half a dozen nearly identical competing products that have superficial but proprietary differences. All the wasted money, energy and resources reinventing wheels over and over again and heating the economy artificially and ultimately destructively.

The business majors love this of course. They're getting rich as we get deeper in debt trying to keep up with the unnecessary price increases created by all the redundant activity. The Capitalist Economy is self destructive and a danger to the human community. No. Not central planning, except where that's necessary like interstate highways and such. But the people must have a say in what we work to produce. Our survival in communities at whatever level are the purpose and source of all economy. We must plan for our futures. We can not depend on Wall St. Oligarchs to care about anything but their own self interest.

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3 Comments


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[-] 2 points by beautifulworld (22974) 1 month ago

Totalitarian Capitalism.

Neoliberalism is at the root of our problems. It ensures that they get rich as we get more and more into debt. George Monbiot calls it "Totalitarian Capitalism."

"We make a mistake when we assume that money is the main motivation. Our unreformed, corrupt and corrupting political funding system ensures it is an important factor. But what counts above all else is ideology, as ideology successfully pursued is the means to power. You cannot exercise true power over other people unless you can shape the way they think, and shape their behaviour on the basis of that thought. The long-term interests of ideology differ from the short-term interests of politics."

So, by mind managing us, getting us to vote against our own interests and really, to live against our own interests (your childhood play for instance), they garner power over us and yes, enrich themselves.

This is a great read by George Monbiot. It's about Brexit but much more:

https://www.theguardian.com/commentisfree/2019/sep/11/brexit-ultras-triumph-neoliberalism

[-] 2 points by agkaiser (2383) from Fredericksburg, TX 1 month ago

Thank you for your contribution towards a critical mass of awakened beings.

[-] 2 points by beautifulworld (22974) 1 month ago

Happy Birthday OWS and thanks to you too, agkaiser, for all the great work you've done here for the past 8 years!

Never give up!