We should shortly discover new independent political talent, and delight in pruned dead wood. Let’s respect all the people’s choices. We may discover that falsely vilified old hands become valued allies in a reform-minded legislature.
It’s time to recognise that peace, justice, and prosperity are impossible without major reconstruction of corporate capitalism.
Its defective mechanisms are prone to giant missteps for countries and humanity.
Thinking is limited by profit motive, or irrational partisan empathy for a limited demographic.
Key controllers of the global system are the banking corporations. The reserve banks are their chief facilitators. Surely, allowing profiteers to be in charge of human destiny is absolutely indefensible.
Banks sweep up half of all liquid cash flows in repayments and interest. The profits accelerate wealth imbalance. Should we not question the very nature and legitimacy of capital, interest, and currency?
We’ve been forever brainwashed about ‘free markets’: There is no level playing field for corporations. In striving for monopoly, they lobby and bribe for subsidies and cheap labour. Global capitalism never functioned without slave labour. It is practised internally from Australia to China today.
Human values are incomprehensible to the calculating minds of corporate entities. Example: the gross omission of parenting time from GDP.
Corporations produce toxic side-effects for humans and environments. Governments are constantly flunking the catch-up legislation, and mopping up the consequences at massive expense.
Such heresies are excluded from debate by luminaries on the ABC [because of] fear, and are censored on commercial mass media. No corporation will hold a hose for the public good.
The first imperative for a community-owned government is to limit corporate size and financial muscle over media and governments.
The latter must be fully democratised. That means independents’ powers must be legislatively ranked above political parties, whilst the latter remain opaquely undemocratic.
A critical, proven reform, under all options for enhanced representation, is multiple representatives per electorate.
Press freedom and integrity measures are equally essential.
The compassion-enabled higher intelligence of new Independents, will hatch new possibilities for humanity. Watch for older members who climb aboard.
Big things start with small steps.
Corporatism is one of the problems, but it goes beyond that as you alluded to saying ‘reserve banks’ of course meaning the global central banking system that is about to collapse anyway, thus the talk of a global digital currency which is even worse. For those who don’t understand the scam of fiat currency, go learn, you need to know.
Corporations are suppose to allow us to take advantage of efficiencies of scale but in doing so they form virtual monopolies and duopolies thus eliminating competition. They also lobby for greater government regulation in their industries to increasing the barriers to entry for new players. We can’t have free markets and all the benefits and innovation they bring, while these legal fictions are engaging in regulator capture and elimination of competition. When were those anti-trust laws last used.
Before 150 years ago, it was very rare a corporate licence would be granted and they were always for limited purpose and time, and only for things the free market couldn’t do, and where is was outside the scope of government. Kings where worried that corporations would became more powerful than them for some reason.
GDP is a joke, nobody uses it as a real metric. It says nothing about quality of spending, actual wealth generation, and as you pointed out, it does not take into account non-currency denominated exchanges (child care is a service you provide to your child).
Hayo, your a little off the mark but close enough. It’s good to see general members of the public are starting to get it. Good topic.