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The West’s Technofeudalism Versus the BRICS Growth Forecast

Posted by M. C. on March 28, 2024

So, with no advantage to offer India, or even Europe, other than weapons to protect against fantasy or generated enemies, the United States is in a real pickle. And the worse things get, the more mainstream media, the think tanks, and puppet leaders holler “Democratic Values!”

https://journal-neo.su/2024/03/27/the-wests-technofeudalism-versus-the-brics-growth-forecast

Author: Phil Butler

The West’s Technofeudalism Versus the BRICS Growth Forecast

You’ll find an important Russia-India story on page 28 of the Google News results, to care about what’s really happening between the two BRICS nations. Many reading this may not know that India’s Prime Minister Narendra Modi congratulated Vladimir Putin on his re-election as the President of the Russian Federation and announced the deepening of a strategic partnership between the two countries. Russia and India – strategic partners – isn’t that page one New York Times stuff? Well, no.

Naturally, the Western propaganda machine revved up its gears to do damage control. The United States Institute of Peace, which is really a warmongering glee club, claimed back in February the Russia-India situation is fragile. The relationship is so fragile, in fact, that PM Modis quote from News 18 in New Delhi (taken from Modi’s Tweet on X) reads:

“I Spoke with President Putin and congratulated him on his re-election as the President of the Russian Federation. We agreed to work together to further deepen and expand the India-Russia Special & Privileged Strategic Partnership in the years ahead.”

I know the quote does not relay any fragility between nations that have been in good standing for decades. Still, the elites running our feudal/capitalistic system in the West – well, they can still dream. And speaking of neo-feudalism, a new book by the brilliant (if sometimes quirky) Yanis Varoufakis, speaks mightily on what’s really going down in the West vs. East geopolicy wars we’re in. The book, entitled “Techno-feudalism: What Killed Capitalism” proclaims capitalism as dead amid “an epochal shift” backwards in time. Varoufakis argues, his points about the technocrats and their fiefdoms by creating the parable below. Insert the first name “Mark” where Jeff is mentioned, and you’ll see the truth of the Greek economist’s theory:

“Imagine the following scene straight out of the science fiction storybook. You are beamed into a town full of people going about their business, trading in gadgets, clothes, shoes, books, songs, games and movies. At first everything looks normal. Until you begin to notice something odd. It turns out all the shops, indeed every building, belongs to a chap called Jeff. What’s more, everyone walks down different streets and sees different stores because everything is intermediated by his algorithm… an algorithm that dances to Jeff’s tune.”

The man who should have been Greece’s Prime Minister years ago uses Jeff (Bezos, the owner of Amazon) to illustrate how we peons and surfs produce value for technology companies simply by tweeting or posting. In Bezos’s case, Varoufakis points out that the Amazon founder does not produce capital, but he simply charges rent. He says this isn’t capitalism, but feudalism, exacted upon a citizenry unaware of what’s happening. I suggest you read The Guardian story about the book here.

Returning to the Russia-India situation, it’s easy to understand how the West, run by technocrats and old money who create only wealth without value, fear any system where real capital is created. Russia’s various industries, China’s, and especially India’s scare the hell out of those running the Western shell game. When all is said and done, Washington and its allies just talk or bomb, real competition has been eliminated.

See the rest here

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Two Approaches to Getting Rid of Mexican Cartels: Drug Legalization and the Bukele Model

Posted by M. C. on March 28, 2024

How will this help to undermine the power and pelf of Mexican gangs? It is simple: a significant amount of their financial resources emanates from this one quarter. Running a bunch of hooligans takes finances, serious finances. The less wherewithal these mobsters have, the weaker they will be, and the more likely they will succumb to the forces of law and order in Mexico.

https://walterblock.substack.com/p/two-approaches-to-getting-rid-of

By RICARDO BENJAMIN SALINAS PLIEGO and WALTER E BLOCK

It is no exaggeration to say that gangs in Mexico are now more powerful than the Mexican police force. It is almost possible, but not quite, to say that these groups of criminals can fight even the Mexican Army on an almost equal basis. Needless to say, this situation calls for rectification, if the prosperity, flourishing and even the lives of innocent Mexicans are once again to be safeguarded.

From an anarcho-capitalist point of view, the purest form of libertarianism, the attitude toward this situation would be one of “A pox on both your houses.” You are both criminal gangs, albeit one of you has far more legitimacy than the other, mainly based on far better public relations than anything substantive. Both mulct funds from innocent people on a coercive basis. For one, these payments are “taxes”; for the other, “payments” or “payoffs.” But there is no real difference between the two.

However, such a philosophy is articulated by an estimated only 1% of all those calling themselves libertarians. What is the position of the other 99%, who aver that a very limited government is indeed justified? It would be one limited to providing armies to protect against foreign invasion, police to quell domestic robbers, rapists, murderers and their ilk, and courts to distinguish guilt from innocence and to uphold free enterprise and personal and private property rights. This is limited government libertarianism.

So, from this perspective, how best to deal with these Mexican criminal gangs which have been preying on innocent folk? It is certainly not to “hug” them. They are criminals, and must be dealt with accordingly; that is, harshly. Presumably, the Mexican government is now doing the best it can to achieve this goal. Is there any other option that does not call for more treasure, more soldiers, more sophisticated weaponry? Yes there is.

Legalize drugs. All of them. Without exception. The US state of Oregon has already taken a teeny, tiny, baby step in this direction. The recommendation to the Mexican government is to carry this civilized plan further, far further. Legalization should encompass all (addictive) drugs without exception.

How will this help to undermine the power and pelf of Mexican gangs? It is simple: a significant amount of their financial resources emanates from this one quarter. Running a bunch of hooligans takes finances, serious finances. The less wherewithal these mobsters have, the weaker they will be, and the more likely they will succumb to the forces of law and order in Mexico.

See the rest here

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A Mixed Bag Decision For Julian Assange Today

Posted by M. C. on March 28, 2024

Double Talk?

Gee, let’s trust the government!

The Ron Paul Liberty Report

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Freedom

Posted by M. C. on March 28, 2024

Ya! What he said!

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I Can Vouch For This

Posted by M. C. on March 27, 2024

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U.S. History of Using ISIS

Posted by M. C. on March 27, 2024

Moscow Theater attack reminds me of U.S. policy in Syria

John Leake

Notably, this chemical weapons attack just happened to occur the day after Secretary of State Rex Tillerson publicly announced that regime change in Syria was no longer official U.S. policy. In other words—we were told—the day after the U.S. announced it was getting off Assad’s case, he committed an atrocity (of zero military value) that would guarantee that the U.S. recommit itself to getting rid of him.

https://petermcculloughmd.substack.com/p/us-history-of-using-isis

Back in 2015, the Guardian published a fascinating report titled Now the truth emerges: how the US fuelled the rise of Isis in Syria and Iraq, which detailed how U.S. and British intelligence were supporting Islamic jihadist rebel groups in Syria with the objective of overthrowing the regime of Syrian President Bashar al-Assad.

The report included a link to a leaked 2012 Department of Defense document about U.S. support for these rebel groups in Syria, including ISIS. This report stuck with me, and I was a reminded of it a couple of years later when Assad was accused in April 2017 of using chemical weapons against Syrian civilians.

Notably, this chemical weapons attack just happened to occur the day after Secretary of State Rex Tillerson publicly announced that regime change in Syria was no longer official U.S. policy. In other words—we were told—the day after the U.S. announced it was getting off Assad’s case, he committed an atrocity (of zero military value) that would guarantee that the U.S. recommit itself to getting rid of him.

Though most of the legacy press endorsed the assertion that Assad’s forces were behind the attack, a few discerning reporters noted that it could have easily been carried about by one of the Islamic jihadist groups operating in the region to make the Trump administration rethink its abandonment of its regime change objective. Sure enough, a couple of days after the chemical attack, Secretary of State Rex Tillerson announced that he was reconsidering his announcement the week before.

Now comes the news of a major terrorist attack on the Crocus City Hall in Moscow that has left hundreds dead and injured. The U.S. government claims the attack was carried out by ISIS-K, which has reportedly taken responsibility for it. However, Kremlin officials have alleged that some of the gunmen were trying to escape into Ukraine, utilizing a ‘window’ of support from across the border.

See the rest here

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Brazil’s Sad Tale Sounds Familiar

Posted by M. C. on March 27, 2024

Why Alex Fled Socialism

RT: Restoring Truth

As a newer American citizen with first-hand experience of socialist blight, Alex fears that socialism will bring another once-prosperous country to its knees. I was therefore intrigued by his take on young Americans’ economic make-believe; he described the hard facts that these hare-brained fantasies never include.

Some things in life will never dwell together in unity. Examples from the physical world illustrate this easily—oil and water, equal magnetic poles, or cats and birds. The ideological world provides even more examples— prosperity and socialism, for example. As with other South American victims of the Left, this point is illustrated clearly in Brazil.

Younger Americans nonetheless love to agitate for socialism’s shiny promises—the “free” stuff like college educations and medical care, or the “cool” stuff, like high-speed rail or mass transit. Life under socialism appears to be one big, happy hostel, full of licentious delights, music festivals, and climate-friendly “solidarity”. What was “available for years in Europe” is now available here—if only people will, “like, save democracy” and vote!

Like European cars, real socialism would presumably bring stylish improvements to the clunkier traditions of American life. For the star-gazing Left and its young disciples, there is something pleasing and progressive about socialism’s brutalist, gender-fluid aesthetic. Regardless of the hipster window dressings applied to this dismal philosophy, though, one will only find the old deprivations and tyrannies within.

My regular Uber driver, a Brazilian guy named Alex, only shakes his head at his American peers’ mindless appetite for socialism. Like many in the ride share business, Alex is finding some success here. He’s happy to work long hours and build wealth along with his wife, who is also a citizen, now pregnant with their first child. Over the course of several airport drives, he described Brazilian socialism—the popularly touted “social democratic” variety that he escaped through a costly and legal immigration process.

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As a newer American citizen with first-hand experience of socialist blight, Alex fears that socialism will bring another once-prosperous country to its knees. I was therefore intrigued by his take on young Americans’ economic make-believe; he described the hard facts that these hare-brained fantasies never include.

Surprisingly, his heavily-accented personal history doesn’t focus on stories of privations, shortages and censorship—although he observed those things, too. Instead, most of his Brazilian backstory was disturbingly relatable; it was as if he was describing my American life from a vista of the future, just a little further on down our current road.

When I asked about the “free” medical care enjoyed in Brazil—the left’s famously touted benefit of socialism—he shared his experience working for an oncology practice, where he scheduled patients for cancer surgeries. As is always true, “free” wasn’t worth much at the doctor’s office; most Brazilians still need private insurance because government medical care is poor— if you ever manage to get it. On many occasions, by the time he contacted cancer patients on the long waitlist, the patient had already died.

Government schools—both in Brazil and here— are the training and acclimation grounds for all such dismal results. Brazil teaches us where a socialist education model leads; public high schools and universities there are known to hang posters of Marx or Che Guevara. Public education is generally abysmal, so even struggling middle-class families will cobble funds to send their kids to private schools instead. Sexual performance “art” is increasingly common on college campuses. None of this is difficult for Americans to imagine anymore—to a large degree, it’s already happening here, too.

See the rest here

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Pawn Shop Inventories Are Exploding As The Failing U.S. Economy Hammers Those At The Bottom Of The Economic Food Chain

Posted by M. C. on March 27, 2024

When the government says something is going great, take it with a 5lb…4lb bag of salt.

by Michael

How much longer will the Biden administration and the mainstream media continue to deny that we are in the midst of a very painful economic downturn?  Debt levels have never been higher, delinquency rates are spiking, the commercial real estate market is crashing, the banking industry is mired in turmoil and large companies are conducting mass layoffs all over the nation.  Anyone that attempts to claim that the U.S. economy is in good shape is just being delusional.  Unfortunately, it is those that are at the bottom of the economic food chain that are being hurt the most.

If you want to know what is really going on with the economy, pawn shops are a great place to look.

When the economy is doing well, pawn shop inventories tend to go down because people aren’t pawning much stuff and there is lots of buying going on.

But when the economy is not doing well, pawn shop inventories tend to go up because people are pawning lots of stuff for fast cash and there aren’t as many buyers as there were during the good times.

So what are we seeing during the early stages of 2024?

One pawn shop owner that was recently interviewed by USA Today admitted that he has “a glut of inventory” right now…

Clay Baron has everything in his pawn shop from gold rings and pearl necklaces to vintage cowboy boots, silver belt buckles, stereos and ticking clocks.

The only thing he’s short on is space. “Right now we have a glut of inventory,” Baron said, “which tells me that our clientele doesn’t necessarily have money.”

Accumulating pawn shop inventory means fewer buyers than sellers – a sign that for the lowest-income Americans, times remain tough.

That same article pointed out that inventory levels have also grown rapidly at some of the largest pawn shop chains in the entire nation…

Two of the largest, publicly traded pawnshop corporations in the U.S. – which between them own roughly 1,700 pawnshops nationwide – are also reporting growing inventory and increased demand for short-term loans.

FirstCash Holdings Inc. operates nearly 1,200 pawnshops under the FirstCash and Cash America brands in 29 states and the District of Columbia. The company reported “record pawn receivables” in its most recent year-end earnings report and a 10% increase in inventory at its U.S. stores.

EZCORP Inc. also owns 530 pawnshops in the U.S. and reported an 8% increase in inventory at U.S. stores in the company’s latest earnings report. The “challenging macro-economic backdrop” continued to fuel demand for short-term cash loans, the company said.

If anyone comes to you and tries to convince you that the economy is doing well, just show them these numbers.

That will be the end of any debate.

See the rest here

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“Capitalism Has Failed”

Posted by M. C. on March 27, 2024

by Jeff Thomas

Whenever I’m confronted with this now oft-stated comment, my first question to the person offering it is, “Have you ever lived in a capitalist country?” That is, “Have you ever lived in a country in which, during your lifetime, a free-market system dominated?”

Most people seem initially confused by this question,

In recognizing the traditional definition of fascism, there can be no doubt that fascism is the driving force behind the economies of North America and Europe.

Today, more than at any time previously, Westerners are justifying a move toward collectivist thinking with the phrase, “Capitalism has failed.”

In response to this, conservative thinkers offer a knee-jerk reaction that collectivism has also had a dismal record of performance. Neither group tends to gain any ground with the other group, but over time, the West is moving inexorably in the collectivist direction.

As I see it, liberals are putting forward what appears on the surface to be a legitimate criticism, and conservatives are countering it with the apology that, yes, capitalism is failing, but collectivism is worse.

Unfortunately, what we’re seeing here is not classical logic, as Aristotle would have endorsed, but emotionalism that ignores the principles of logic.

If we’re to follow the rules of logical discussion, we begin with the statement that capitalism has failed and, instead of treating it as a given, we examine whether the statement is correct. Only if it proves correct can we build further suppositions upon it.

Whenever I’m confronted with this now oft-stated comment, my first question to the person offering it is, “Have you ever lived in a capitalist country?” That is, “Have you ever lived in a country in which, during your lifetime, a free-market system dominated?”

Most people seem initially confused by this question, as they’re residents of either a European country or a North American country and operate under the assumption that the system in which they live is a capitalist one.

So, let’s examine that assumption.

A capitalist, or “free market,” system is one in which the prices of goods and services are determined by consumers and the open market, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.

Today, none of the major (larger) countries in what was once referred to as the “free world” bear any resemblance to this definition. Each of these countries is rife with laws, regulations, and a plethora of regulatory bodies whose very purpose is to restrict the freedom of voluntary commerce. Every year, more laws are passed to restrict free enterprise even more.

Equally as bad is the fact that, in these same countries, large corporations have become so powerful that, by contributing equally to the campaigns of each major political party, they’re able to demand rewards following the elections, that not only guarantee them funds from the public coffers, but protect them against any possible prosecution as a result of this form of bribery.

There’s a word for this form of governance, and it’s fascism.

Many people today, if asked to describe fascism, would refer to Mussolini, black boots, and tyranny. They would state with confidence that they, themselves, do not live under fascism. But, in fact, fascism is, by definition, a state in which joint rule by business and state exists. (Mussolini himself stated that fascism would better be called corporatism, for this reason.)

In recognizing the traditional definition of fascism, there can be no doubt that fascism is the driving force behind the economies of North America and Europe.

See the rest here

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Pres. Obama Didn’t Believe in the Principles and Values of America – Chief Divider | Thomas Sowell

Posted by M. C. on March 27, 2024

Pres. Barack Obama is the embodiment, the personification, and the culmination of dangerous trends that began decades ago. Moreover, he has escalated those dangers to what may be a point of no return.

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