Economic imbalances and social inequality risk reversing the gains of globalization, warns the World Economic Forum in its report Global Risks 2012. These are the findings of a survey of 469 experts and industry leaders who worry that the world’s institutions are ill-equipped to cope with today’s interconnected, rapidly evolving risks. The findings of the survey fed into an analysis of three major risk cases: Seeds of Dystopia; Unsafe Safeguards and the Dark Side of Connectivity. Report also analyses the top 10 risks in five categories – economic, environmental, geopolitical, societal and technological.
Phi Beta Iota: The report fails to address the absence of both intelligence and integrity among all “institutions” be they public or private. This is the entire point of the global Occupy movement. This is also the entire point of this website, which predates Occupy by some time.
Not many people think of shantytowns, illegal street vendors, and unlicensed roadside hawkers as major economic players. But according to journalist Robert Neuwirth, that’s exactly what they’ve become. In his new book, Stealth of Nations: The Global Rise of the Informal Economy, Neuwirth points out that small, illegal, off-the-books businesses collectively account for trillions of dollars in commerce and employ fully half the world’s workers.
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Further, he says, these enterprises are critical sources of entrepreneurialism, innovation, and self-reliance. And the globe’s gray and black markets have grown during the international recession, adding jobs, increasing sales, and improving the lives of hundreds of millions. It’s time, Neuwirth says, for the developed world to wake up to what those who are working in the shadows of globalization have to offer. We asked him how these tiny enterprises got to be such big business.
Wired: You refer to the untaxed, unlicensed, and unregulated economies of the world as System D. What does that mean?
Robert Neuwirth:There’s a French word for someone who’s self-reliant or ingenious: débrouillard. This got sort of mutated in the postcolonial areas of Africa and the Caribbean to refer to the street economy, which is called l’économie de la débrouillardise—the self-reliance economy, or the DIY economy, if you will. I decided to use this term myself—shortening it to System D—because it’s a less pejorative way of referring to what has traditionally been called the informal economy or black market or even underground economy. I’m basically using the term to refer to all the economic activity that flies under the radar of government. So, unregistered, unregulated, untaxed, but not outright criminal—I don’t include gun-running, drugs, human trafficking, or things like that.
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Wired: Certainly the people who make their living from illegal street stalls don’t see themselves as criminals.
Neuwirth: Not at all. They see themselves as supporting their family, hiring people, and putting their relatives through school—all without any help from the government or aid networks.
Wired: The sheer scale of System D is mind-blowing.
Neuwirth: Yeah. If you think of System D as having a collective GDP, it would be on the order of $10 trillion a year. That’s a very rough calculation, which is almost certainly on the low side. If System D were a country, it would have the second-largest economy on earth, after the United States.
Phi Beta Iota: System D is completely separate from straight forward black crime (organized crime) or white crime (Goldman Sachs et al). What this really means is that governments have lost all legitimacy and two thirds of the global economy now considers governments to be at best a meddling (and costly) nuisance and at worst the enemy to be defeated by any means necessary. Governments brought this on themselves.
Canadian researchers find a simple cure for cancer, but major pharmaceutical companies are not interested.
Researchers at the University of Alberta, in Edmonton, Canada have cured cancer last week, yet there is a little ripple in the news or in TV. It is a simple technique using very basic drug. The method employs dichloroacetate, which is currently used to treat metabolic disorders. So, there is no concern of side effects or about their long term effects.
This drug doesn’t require a patent, so anyone can employ it widely and cheaply compared to the costly cancer drugs produced by major pharmaceutical companies.
Read this at least three times. This is a talking points memorandum for the Empire cabal, which is now ready to take on the white guys (including the white guys with guns). They believe blacks and hispanics are cowed, “weed and seed” has been a success story (in their view). This is a subtle hit job that sets the stage for treating white guys as failures who lost their cultural compass and must now be treated with the same federalization of state and local force and ultimate incarceration that has been used so extensively on blacks.
The Rodney King riots were the beginning of the breakdown of US Government legitimacy in the eyes of its own public. The economy is being juiced and the Republicans are playing along with the fiction that the economy is getting better. It is not. Unemployment is at 22.4% and 2013 is going to be catastrophic. Now imagine the Rodney King riots, this time with while guys who are armed to the teeth and very very pissed off, with nothing to lose and everything to gain from a populist revolution.
The ideal of an ‘American way of life' is fading as the working class falls further away from institutions like marriage and religion and the upper class becomes more isolated. Charles Murray on what's cleaving America, and why.
Charles Murray
Wall Street Journal, 21 January 2012
EXTRACT
Over the past 50 years, that common civic culture has unraveled. We have developed a new upper class with advanced educations, often obtained at elite schools, sharing tastes and preferences that set them apart from mainstream America. At the same time, we have developed a new lower class, characterized not by poverty but by withdrawal from America's core cultural institutions.
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As I've argued in much of my previous work, I think that the reforms of the 1960s jump-started the deterioration. Changes in social policy during the 1960s made it economically more feasible to have a child without having a husband if you were a woman or to get along without a job if you were a man; safer to commit crimes without suffering consequences; and easier to let the government deal with problems in your community that you and your neighbors formerly had to take care of.
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Meanwhile, the formation of the new upper class has been driven by forces that are nobody's fault and resist manipulation. The economic value of brains in the marketplace will continue to increase no matter what, and the most successful of each generation will tend to marry each other no matter what. As a result, the most successful Americans will continue to trend toward consolidation and isolation as a class. Changes in marginal tax rates on the wealthy won't make a difference. Increasing scholarships for working-class children won't make a difference.
Mr. Murray is the W.H. Brady Scholar at the American Enterprise Institute. His new book, “Coming Apart: The State of White America, 1960–2010” (Crown Forum) will be published on Jan. 31.
Phi Beta Iota: The eight stages of genocide established by Dr. Greg Stanton are as follows: 1) Classification (us versus them); 2) Symbolization (codewords–e.g bums); 3) Dehumanization (equated with animals, eugenics applies); 4) Organization (federalization of state and local police, opening of the Halliburton-build civil disturbance camps now ready for use); 5) Polarization (attack all independent and centrist movements and leaders); 6) Preparation (use NDAA to incarcerate without due process those who object to the nazification of the USA); 7) Extermination (through a mix of precision kills and “accidental” epidemics, gut the white middle class now diving into poverty); 8) Denial (already taking place at Davos 2012 – capitalism failed, not the elite).
Clay Shirky has the best overview I’ve seen/heard/read of PIPA and SOPA and the context from whence they emerged; the bottom line: the legilsation’s about wanting us to be passive consumers, not producing and not sharing.
Phi Beta Iota: To this we would add it is also about a criminally negligent and corrupt Congress exercising its power against the public interest (treason), and a criminally negligent and corrupt combination of Hollywood and Internet Service Providers seeking to legitimize vigilante arbitrary untempered attacks on anyone anywhere without due process.
The only serious opposition to this arrogant Ruling Party is coming not from feckless Republicans but from what might be called the Country Party — and its vision is revolutionary. Our special Summer Issue cover story.
When Codevilla’s article appeared I stated that it was the most important essay I had ever read. I still believe this because it is a superb synthesis of class analysis with keen insights on contemporary power elite relationships regarding today’s rulers and the ruled.
This class division of present-day America into two factions, Court and Country, has absolutely nothing to do with any Marxian view or analysis. It is a reaffirmation of the seminal insights of Bernard Bailyn’s Pulitzer Prize winning volume, The Ideological Origins of the AmericanRevolution, and Murray N. Rothbard’s Conceived in Liberty.
These books demonstrate that the Founders’ world-view saw the crucial struggle of the Revolution as a battle of liberty versus power. Codevilla posits today’s battle in the same dramatic terms.
Every political movement needs a manifesto. The Tea Party surely needs one. So do other grassroots political resistance organizations. They don’t have it yet, but they now have its preliminary foundation, Angelo Codevilla’s essay, “America’s Ruling Class — And the Perils of Revolution.”
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I regard this essay as the finest statement on the two-fold division in American political life written in my lifetime — more than this, in the last hundred years. He has laid it out clearly, accurately, and eloquently.
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Codevilla correctly identifies the source of legitimacy for the ruling class: Darwinism. Darwinism removed God from the vocabulary of self-accredited academia. Once liberated from the doctrine of original sin, the Progressives regarded as illegitimate the Constitutional limits placed on the Federal government.
Creating Lifelong Customers: The School-To-Prison Pipeline And The Private Prison Industry
As if the United States did not have a bloated enough prison population – which I think nearly every single American realizes is a painful truth – our school systems are being transformed into yet another way to funnel people into the private prison system.
School systems around the country, but especially Texas, have begun criminalizing what would otherwise be normal childish behavior.
One example given by the British Guardian in a recent fantastic article covering this issue, an overweight and unpopular girl was charged with a criminal misdemeanor after spraying perfume because children in the classroom were teasing her and saying she smelled bad.
That’s right; a 12-year-old girl was arrested for “disrupting class” simply for attempting to appease cruel students.
