Michael Perelman - Primitive Accumulation: From Adam Smith to Angela Merkel
<http://www.911forum.org.uk/board/viewtopic.php?t=23187&start=0&postdays=0&postorder=asc&highlight=>Michael
Perelman: The Invention of Capitalism, Secret History
The originators of classical political economy -
Adam Smith, David Ricardo, James Steuart, and
others - created a discourse that explained the
logic, the origin, and, in many respects, the
essential rightness of capitalism. But, in the
great texts of that discourse, these writers
downplayed a crucial requirement for capitalism's
creation: for it to succeed, peasants would have
to abandon their self-sufficient lifestyle and go
to work for wages in a factory. Why would they
willingly do this? Clearly, they did not go
willingly. As Michael Perelman shows, they were
forced into the factories with the active support
of the same economists who were making
theoretical claims for capitalism as a
self-correcting mechanism that thrived without
needing government intervention.Directly
contradicting the laissez-faire principles they
claimed to espouse, these men advocated
government policies that deprived the peasantry
of the means for self-provision in order to
coerce these small farmers into wage labour. To
show how Adam Smith and the other classical
economists appear to have deliberately obscured
the nature of the control of labour and how
policies attacking the economic independence of
the rural peasantry were essentially conceived to
foster primitive accumulation, Perelman examines
diaries, letters, and the more practical writings
of the classical economists.He argues that these
private and practical writings reveal the real
intentions and goals of classical political
economy - to separate a rural peasantry from
their access to land. This rereading of the
history of classical political economy sheds
important light on the rise of capitalism to its
present state of world dominance. Historians of
political economy and Marxist thought will find
that this book broadens their understanding of
how capitalism took hold in the industrial age.
<https://www.amazon.co.uk/Invention-Capitalism-Classical-Political-Accumulation/dp/0822324911>https://www.amazon.co.uk/Invention-Capitalism-Classical-Political-Accumulation/dp/0822324911
The Invention of Capitalism: Classical Political
Economy and the Secret History of Primitive
Accumulation Paperback – 3 May 2000 by Michael Perelman (Author)
http://www.911forum.org.uk/board/viewtopic.php?p=172638#172638
Dresden Bilderberg 2016 vs BREXIT: will the UK
trigger the break-up of a failed EU?
https://www.youtube.com/watch?v=ar7-jpnsVpw
Capitalism Is Dead. Now What Do We Do?
http://www.huffingtonpost.com/steven-g-brant/capitalism-is-dead-now-wh_b_127016.html
17 Oct 2008
<http://www.huffingtonpost.com/steven-g-brant>Steven
G. Brant - Social systems scientist/World Peace advocate
Capitalism is dead.
And I’m not surprised.
I’ll explain why in a minute, but first here’s
Capitalism’s obituary. It’s
<http://www.nytimes.com/2008/09/17/business/17insure.html>the
New York Times’
<http://www.nytimes.com/2008/09/17/business/17insure.html>lead
story on the bailout of A.I.G....
WASHINGTON Fearing a financial crisis
worldwide, the Federal Reserve reversed course on
Tuesday and agreed to an $85 billion bailout that
would give the government control of the troubled
insurance giant American International Group.
The decision, only two weeks after the Treasury
took over the federally chartered mortgage
finance companies Fannie Mae and Freddie Mac, is
the most radical intervention in private business
in the central bank’s history.
With time running out after A.I.G. failed to get
a bank loan to avoid bankruptcy, Treasury
Secretary Henry M. Paulson Jr. and the Fed
chairman, Ben S. Bernanke, convened a meeting
with House and Senate leaders on Capitol Hill
about 6:30 p.m. Tuesday to explain the rescue
plan. They emerged just after 7:30 p.m. with Mr.
Paulson and Mr. Bernanke looking grim, but with
top lawmakers initially expressing support for
the plan. But the bailout is likely to prove
controversial, because it effectively puts
taxpayer money at risk while protecting bad
investments made by A.I.G. and other institutions it does business with.
Hmm... “...the bailout is likely to prove
controversial, because it effectively puts
taxpayer money at risk while protecting bad
investments made by A.I.G. and other institutions it does business with.”
Controversial? No. Not to me. Confirmational. That’s what it is.
It confirms that our nation is not willing to let
Capitalism be Capitalism, except for us little
guys of course. But here’s the thing. If
Capitalism isn’t Capitalism for the Big Guys,
then it isn’t Capitalism for the little guys either.
Just like there’s no such thing as being a little
bit pregnant, there’s no such thing as having a
little Capitalism over here and a little
Socialism over there. You can’t have two economic
systems operating in one country at the same
time, at least not if “all men are created equal”
is written in that country’s founding documents.
Sorry, my friends. You either have Capitalism or you don’t.
And here in the USA, we no longer have it. It’s dead.
Think about this. Our government has just decided
without asking any of us, including our
Congressional representatives that $85 billion
more of our money should be used to cover the
actions of (and pardon the unsophisticated
language here) stupid, greedy, criminal people.
Stupid, because they didn’t have a clue that what
they were doing would have such negative
consequences. Greedy, because all they could see
were short term dollar signs in front of their
eyes.Criminal, because they just robbed you and
me of $85 billion dollars by holding a “we’re too
big to fail” gun to the head of the US government.
They should have let A.I.G. fail, because if
that had brought about the collapse of the global
economic system that would have just sped up
our journey to a point of systemic collapse we
are destined to reach anyway................
http://www.911forum.org.uk/board/viewtopic.php?p=172638#172638
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Please consider seriously the reason why these elite institutions are not discussed in the mainstream press despite the immense financial and political power they wield?
There are sick and evil occultists running the Western World. They are power mad lunatics like something from a kids cartoon with their fingers on the nuclear button! Armageddon is closer than you thought. Only God can save our souls from their clutches, at least that's my considered opinion - Tony
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