Work In Progress 1: A grinding halt

Grind1
“This book, being about work, is, by its very nature, about violence – to the spirit as well as to the body…It is, above all (or beneath all), about daily humiliation. To survive the day is triumph enough for the walking wounded among the great many of us.” -- Working, Studs Terkel

 

For the small group of readers of this blog, in case you may've been wondering, this has been a year of personal tragedy. Notwithstanding, I am grateful for the difficult but important spiritual lessons arising from this. This has also stopped in its tracks a project begun sometime last year which was meant to culminate in a book of sorts.

Rather than confine into obscurity some of the interviews that came about for this project, I've decided to put them here. This is an unfinished and perhaps never ending project. But I thank all those who gave me their time and shared their views: and to you all I do apologise that your effort is not being given a larger audience.

The people interviewed are at least a year or so older now.

Below is the draft preface I had in mind of which an extract is posted.

Greed1
The preface that never was

A few years ago when visiting and staying with friends in Vancouver, Canada, I underwent an epiphany. I remember looking at the lovely view of English Bay, the mountains and downtown Vancouver all in one sweep from a penthouse view of a friend. As I was planning my day and the walk I would take across Granville Bridge to the downtown area and further on to visit some second hand bookshops, I recalled that if I were to traverse even further down I would be at the East End.

Part of the East End, which is next to Tinseltown cinema multiplex and Chinatown, was a very different side of the city. There not only will you find poverty but drug addicts shooting up openly in alleys in daylight. I remember once even seeing inert bodies lying in the middle of unclean streets which would over qualify for an archetypical movie setting for seediness. Police cars would drive by oblivious of the junkies and those peddling their addictive wares. The cops would not even stop to take a closer look at the bodies lying still in some streets to see if they had any life left in them.

I asked my friends what they thought of the remarkable contrast of the wonderful city and beautiful country they lived in with the inexplicable mess in the East Side -- this included mentioning to them the drug related violence in other parts of the city.

Most of the time my friends would give the answer that the reasons why this deplorable state existed was due to poverty in some instances and ‘wrong choices’ as the obverse side of ‘freedom’ in their land. Corruption among officials was also quoted as a perennial problem which also haunts so many other societies.

But let me give some more context to all this.

In 2006, I had dropped out of the System in the sense that I was not fully employed and had to live on a tight budget. This was not my first experience of such living but I did not realize that the economic hardship the world is facing was going to see so many others placed not only involuntarily in my position, but living on an even tighter budget.

In 2006 and 2007 I was on an extended meditation retreat at a Buddhist monastery in British Columbia, Canada. After the retreats I continued my stay there with friends before returning home to Singapore. The retreats were in a forested area where we lived off the grid but comfortable enough for most lay people to be able to adjust to. You did have to be sensitive to not frightening the lovely deers around the area and be cautious about running into bears, grizzlies too. I remember running into a couple of large grizzlies and standing perfectly still while recalling all the spiritual teachings I knew to stay calm as I was all alone on an afternoon walk in the woods. But on seeing a human, it was the grizzlies who turned tail and ran (they can really run, don't be fooled by the size).

Minutes later, I found empty bullet shells along the pathway I was on: some hunters must have been busy doing great PR work for humanity.

Later in 2007, I visited Sri Lanka when Colombo was in a near state of emergency with the then ongoing ethnic violence holding the island in its grip. With all the soldiers and armaments around in a quasi siege like atmosphere, I understood clearly why much of Nature has suffered at the hands of mankind. At that time I was also staying at a Buddhist monastery but was not on a retreat as such. I was taken to view a meditation centre that was being built in a beautiful hilly tea growing area and which I was supposed to live at as a coordinator of retreats in the near future.

This unfortunately did not work out in part due to funding problems for the meditation centre that delayed its construction and other issues that cropped up of a more bureaucratic nature that proved to be one obstacle too many. It is still being constructed.

Then in late 2008, I was on my third extended retreat this time in England. After the retreat I stayed with some family members who were residing in the suburbs of London. During the period of 2008 and 2009, due to certain experiences and some books that fell into my hands, I was propelled towards  many things including the project that has now led me to write these words.

...Some of the books that launched me towards my current project included Karl Marx’s Das Capital, Friedrich Engel’s The Condition of the Working-Class in England in 1844, Henry Mayhew’s London Labour and the London Poor, Jack London’s The People of the Abyss, George Orwell’s The Road to Wigan Pier and Down and Out in Paris and London, The Jungle (the unexpurgated version) by Upton Sinclair, Ernesto “Che” Guevara’s The Motorcycle Diaries (and his other major works), James Agee’s Let Us Now Praise Famous Men: The American Classic, in Words and Photographs, of Three Tenant Families in the Deep South, and William T. Vollmann’s Poor People to name the ones that come easily to mind.

...We have to see the people around us as our sisters and brothers and understand that we are all part of the collective consciousness of the planet. This means that no one who is underprivileged or living in poverty, even if it seems that they do so out of the choices they have made, should be left alone to bear the consequences and not receive any help.

We are truly indeed one another’s keepers and we should come up with new ideas to issue in a new paradigm of creating and measuring growth and move away from the browbeaten capitalist mode of competition at all cost, and greed over human dignity. We need to centre within our beings care for the planet, our environment, all living species and, above all, place the highest value on human beings over grasping for money.

The voices represented here are based on interviews with some people whom I know and those whom I do not. In many instances, I have let the people speak for themselves and that will be their way of directly communicating with you. They are speaking, in some cases, with much more thought put in than they would in a casual interview by someone who is just performing a journalistic function.

Not all those interviewed were comfortable in communicating entirely in English, but they managed what they could and I re-checked with them what they said before writing it up as quickly as possible on the same day I spoke to them from my usually verbatim notes.

Three basic questions were asked of all I interviewed and spoke to:

What is your idea of being poor?

What is your idea of abundance?

Why are people poor/What is poverty?

...Those who were not comfortable in English mainly responded to the last questions and as the dialogue went on I clarified what they said and they responded in their own way to the first two questions as well.

I had not read Studs Terkel when I thought of this project and began it, but was pleasantly surprised and impressed by the wonderful work he did as I started to read (among others while finishing my project) -- Hard Times: An Oral History of the Great Depression, and Working (people talking about their work).

The biggest influence on me probably came from sections of Marx’s Das Capital: Volume One, and the books by Engels, Mayhew, Orwell and London. I had studied formally philosophy and political theory as an undergraduate and over the years kept up with my reading. In graduate school I was steeped in literary theory and aesthetics. But only in recent times did I re-read many works I had studied and then some as the scales finally fell from my eyes.

The second part of this book looks at possible economic models that can be used for firms or enterprises of all sizes. There needs to be a move away from the way most businesses are run. In particular, we need to move away from how mega corporations are run with their obsession in serving profits and shareholders at the expense of the rest of the planet.

The time has come for this to change radically.

And so,

Grind2
Daily grindings

Madam Sawami (Aged 64, road sweeper, unable to retain her job after reaching 65. She has since been looking for work and I have no idea if she has been successful):

"I can work only now till 67 years old. So three more years. I want to be by myself. I want independence. My children and I, problems, cannot get along. I have my own problems don’t want to hear what their problems with their husband or wife. Then I must hear their wife’s problems also.

I want flat of my own, single room. I ask the HDB (Housing Development Board, Singapore) to help me and they say – you can wait, we have to help plenty people with no house living now on the beach. You have problem, they also have problem. What kind of help, this? Why can’t government help me? I have done nothing wrong, but government can’t help me in this, just to get a single room flat for myself.

What I earn, only $1000 one month…so I can pay installment say less than $100 a month, but please don’t take away $500 a month from me for a single room flat.

As long as I can work, help myself, have enough to eat, I am happy -- no one else will help, so I must help myself.

Now, I am alone. My children all forget what I do for them when young all, now see, I am on my own.

Can you help me with my house problem, I don’t know who [to] ask…HDB don’t want to help."

 

Mr Lam (Aged 62, food stall holder at a small hawker centre from which he rented his stall. The stall closed down as it was bought over by someone who has since set up a snazzy restaurant. No idea if he has since found another place to sell food):

"I come from a poor family. Many children, I am one of the eldest. My parents had a small stationery shop, and we managed, all of us. Now, my wife and me work at this food stall. We are not rich, if I can earn say $1,500 month I am happy, it is enough. We manage.

People who are rich -- say they earn $4,500 to $5,000 or much more…are they happy? Money is one thing, happiness something else. As the eldest in my family and myself, we had to be the bread winners to help my parents and sisters and brothers.

My family have the old Chinese thinking, the older ones sacrifice education all to support the younger ones. So my education highest – secondary 2…what to do. My English not so good, but I learn on my own by using English language tapes when I was 30 years old. I worked many things, like taxi driver and clerk in office. I also try to improve my English by speaking to those with good English, environment important to learn and practice language.

Because of my and my older brothers sacrifice, my younger sisters and brothers well educated. One of my brothers just retired as a teacher, he went to university. My daughter also is fine, she is working.

English is very important, the main business language. I think the government policy is correct, importance for English and own language or second language. Must balance with language for your own culture. But English is important. Now people can learn Japanese and French in school. Other languages very important. My younger sister learn Japanese at a language school and now she works in a Japanese company.

We were poor, but what is important is good family, happiness and health. Don’t always think of money, money, money! This rich people what happiness they have? If you are rich and happy, good for you. But most of them not like that. Everyday worry, cannot sleep, always thinking about how the business good, can make it, can make more money…all the problems of business…no peace of mind. So what if you have so much money?

Some people become poor because they don’t know how to save. They spend all the time, they want nice house, car, everything. Then when employment difficult, cannot get job, how? Cannot pay installments, become financial problems. You look at the young, they only want to have good time, spend, sports car, but never think of future, no savings. Then one day, if they cannot find work, what to do?

Some become poor because they gamble, throw away money. They think they will always be young or healthy and have a job. They don’t save. Gamble, then they lose all the money, so what to do?

The future cannot tell, cannot predict, better not to waste money and think no problems one day.

Also, I think sometimes people are poor, like in many very poor countries…because of karma. Their past life, many, many years ago, something they did, now they have to pay back. Hopefully after this life, it will be better for them.

Rich people should be generous, help the poor with donations, charity, not just here but help them in other countries also. What for keep all the money and don’t share? You cannot take with you when you leave [die], so why keep and don’t want to give?

The rich cannot enjoy life sometimes, they are so busy, so busy with time and making money. No time for family, loved ones, children…what kind of life? Even those who are top people like government, the ministers, no privacy? What kind of family life can they have, always their time is for someone else…their time and appointments all planned for them…what kind of freedom do they have?

I think I have enough, if I retire now still can survive. One of my customers who is rich and live in expensive condominium. He is 70 years old, and his wife is paralysed waist down and is in a wheelchair. He has two sons, both rich. None of them have time for him and his wife…they call on the mobile phone to find out…but too busy making money. They don’t care about their parents. So what for all this money?

When this old man tell me the story, he cry, the tears in his face as he tell me what his children are like. He and the wife are so lonely."

 

Ruwan (Aged 29, foreign worker, caregiver from Sri Lanka. Due to workplace exploitation and problems he returned home and his current situation is not known):

"People are poor because they sometimes are lazy. Not always because others at fault. They sometimes don’t know how to manage life. They throw money away and waste on things like drinking and women. Sometimes it is government’s fault why people poor. Government also don’t manage properly the country then whole country can be poor.

But to me, man is poor because it is own fault. Son from a poor family can actually do well if he studies hard in school and all, but also rich man’s son doesn’t do well because he is lazy and doesn’t want to work hard. What is important is the effort you want to have in things.

Sometimes religion can help explain all this. Like in Buddhism we are told life is dukkha, lot of suffering. So also karma is also responsible for our life. But during time of Buddha we are told there was lot of evil in world. Also people have different belief like worshipping the stone and water and all. But today, to me, also the same. When we pray to the statue we are praying to a stone or we belief in luck and things.

People the same even today from Buddha’s time till now. Now also we worship trees, water and earth. But this is not always a bad thing, sometimes this because we show respect for all around us. Nothing wrong with that. We are just grateful. Just as children who respect to parents or we show respect to our rice and food and drinking water, like in Sri Lanka, it is just a good habit.

Also, we can choose what we do, so not always karma to blame. We can choose to good or evil, we are responsible for choosing, so we are responsible also our life.

Money is important but it is not the most important. I think most important is happiness. If you’re not happy what for money? Most important is happiness to enjoy life but not waste time, meaning spend time to be happy with family and friends. That is what is important.

Nowadays when people supposed to smarter than animals, actually no difference. They are same. So much killing people do, they are not so clever. Why must there be so much killing?

In Singapore, people think money is number one. Everything is about money. People here are well to do, lot of money, money needed for everything here but parents no time for children. They put their time in money not the children. Main thing here is material things.

Children here always with maid, no parents spending time with them. So just as parents put children in nurseries because they no time for them, now children also put parents in nursing home because they also no time for them…all busy earning money.

Millionaire is not happy. He has worries like who will steal his money and property. Who can he trust? Will he loose all he have. Cannot sleep, no peace of mind. Poor man can sleep, if he has just enough for family he is okay…he doesn’t have so much problems and worry. No worry about who is going to rob him.

I see that in Singapore, it is like a car. Everything supposed to work well, very efficient, like car put in petrol make sure engine working then all is fine. But people here have no life. They are not happy, they have no time for family and friends.

My working place is a nursing home. Next to me is a child nursery. So I can see everyday what happens. They parents come and put the child in the nursery. Kids crying when hungry for mothers milk, but they get other milk not from humans. The cow is their mother because that is the only milk they get.

So I notice, parents come and put children in nursery then when children grow up they put parents in nursing home. I see and understand this for I experience this everyday. Singapore clients of my nursing home say what to do, they have to work to earn living and no choice but to put parents in home. They say in Singapore without money you cannot live, nothing you can do.

The parents have no time for children, and one day the children also no time for parents.'

Greed2
Wan (Izwan, aged 25, retail supervisor at a supermarket chain):

"What does being poor mean? I think if your parents cannot provide for you, then you’re poor. If you’re grown up and cannot provide for yourself, or don’t want to, then it is because you’re lazy – so again you’re poor. If you don’t want to be poor, then you must be hardworking and provide for yourself.

A lot depends on your capability and that also depends on your education level. If you grow up without much education then you are stuck with a low paying job. No education, no high paying job. Or you just have a mediocre job.

My education is ‘O’ Levels and I am trying to upgrade myself. You must upgrade and work for it, otherwise you only can blame yourself. I have two jobs, in the day time I help out here at the coffee stall next to this market. Evening time I work as a retail supervisor at a supermarket. That is the only way I can save and have enough.

With what I can earn I provide for my parents and am saving to get married and try to own my own home. Actually in Singapore you can get jobs, that’s not the problem. It is the need for money always. The cost of housing here is high. In the long run, your property is your investment, but to try to own one – maybe 30-40 years to pay the loan to just own your roof over your head. Then the interest for the loan will kill you. Trying to settle down here is hard. You have to remember you have to feed your family.

Religion to me helps in providing knowledge about the world and your life, I mean, it’s up to each person whether they want to follow what the religion says. But you must help yourself first. If you’re lazy and don’t want to help yourself, why should God help you? You help yourself, then God will help.

I think there are people who want to help those who are poor, but also a lot of wayang [Malay word implying 'theatrics'] taking place, making a big show trying to attract attention to themselves, like the charities here – the big ones – they make a big show. Also groups or companies, like that who donate want attention only just advertise themselves and promote themselves. If you’re genuine you just give, if you give don’t make a big show and all the publicity. They just want brand recognition.

I think if we have problems in Singapore, realistically speaking, most people won’t help each other. I read a lot of books on World War Two, you see what human nature is like, here or anywhere else. People tend to be selfish, they rather not help others. Focus on the individual only.

In this world you need money. To me if you have no money then you have no happiness. Money needed for everything. It can’t be avoided. The coffee and tea cups I clean up on these tables, you can drink from what is left over from them if you don’t want to pay for it. But then, someone already had to pay for it before you can drink the remainder in the glasses. Again, you need money to have anything.

In the end you must help yourself, you must be hard working and that also depends on your health. We need self responsibility in everything.

My father’s advice to me is bear your own suffering but don’t let others suffer because of you.'

 

Sam (Aged 63, barber):

"I have been barber since 1966. People are poor because sometimes they don’t want to work hard. You have choice, you can try and do your best or just give up. Work enough so that you at least have enough to eat. Some people are lazy, but they think they can get high paying job and also easy job. Younger generation now, some just don’t want to work, many don’t want to be barbers.

Some who are poor now actually only want to enjoy life, they spend money on woman and throw away money. No savings for rainy day. If I earn say $50 one day and spend $10 or $20 that day, the rest I save. Must save for old age. Don’t rely on government for everything, government here helps but in the end, you must help yourself.

Some younger ones today, no ambition, they see their father is a postman they follow him, don’t want to try and go beyond. They should study hard and upgrade and move up a little, but don’t want. In Singapore, if you cannot study well, hard to get good job. Here you must try to enter university then at least can earn $3 000-5 000 a month otherwise, how?

In Singapore you must pay for everything. Here there’s no large land area where you can have rice or things, if you cannot earn money then how to survive here? Government helps but again they cannot just give welfare always, we must also help our self. How else to pay for your food, housing and all.

To me health is important. No health you cannot work to earn money. You have money and no health, what for? No point. If you have health, not much money, still okay, can work.

One thing government here helps old people, at least the health and hospital care, they give some assistance to the aged. That’s a good thing.

Also we must respect all religions. Must have tolerance, and we must respect one another and not disturb each others belief. Again in Singapore, people do show tolerance of different religions. We should treat all people fairly, like our brothers, all are our family.

[At this point an Indonesia lady who is a foreign worker here and a friend of Sam’s family and came to visit them asked in Bahasa what the interview was about. She then added her views stating that in Indonesia and in Singapore only the poor help one another. She claimed the rich drive by and look down on the poor and blame the poor for what they are, not understanding that sometimes they can help. She then departed and the interview continued with Sam.]

Yes, I think all is a matter of attitude. Sometimes the rich here don’t want to help. They see poor people as different and separate from them. Must change the attitude. You find that people who have little to give are the ones who want to give, not always those who have plenty. We need more responsibility and kindness in our society. Not enough of it. [He used the Malay term timbang-rasa which means 'sympathy']

Have seen people in accidents and hardly the rich ones stop to help, the ordinary people seem to help mainly. But you must help, we must support each other.

Must be humble, not proud. That’s why I try to make my customers happy. I listen to them and do my best and try to provide service. In the work place must be professional, never mind what kind of work, must be the best, do your best. Younger people the attitude is different, they show they are unhappy and don’t know how to treat customers. That’s why I say, attitude is most important.

Also can’t blame God for everything. We have free choice, God gives us intelligence as humans so must think first, must think before doing things. Singapore now has some floods but actually in this case no point blaming government because it is act of God. But also there are poor people no homes have to stay on the beach. This is also wake up call for government to do more for those people who need some help.

I worry about bringing gambling into Singapore like casinos. People become greedy and try cheat and nothing good can happen from this. You know, I have one customer who works in the security of one of the casinos. He told me that in one day they catch usually 30 people – 30 people, you know – for cheating or trying to cheat. Foreigners and Singaporeans.

People do anything sometimes for money."

 

Anon. (Aged24, university student who has since graduated):

"1. What is your idea of poverty?

Poverty is entirely thought based for me as with everything else. I can be materially rich, but very very poor inside if I'm stingy, greedy, unhappy, etc. Likewise, I can be poor materially, but if my thoughts are calm and I can find happiness -> I'm rich. And sooner rather than later, my world will change to represent that abundance.

2. What is your idea of abundance?

Abundance is also a mindset to me. First in the mind then in matter. It is an attitude of gratitude, etc, etc, etc. That leads to a wonderful life affirming philosophy regardless of the pain that life can bring. Pain is necessary but that does not mean suffering is.

3. Why are people poor/why is there poverty?

This is very complex. I cannot understand sometimes why there is suffering and such debilitating poverty in Africa, South America or even in Singapore with the cardboard mattress 'uncles and aunties' [references to elderly people]. As in life can really be a very very painful sad experience for many people.

Some of poverty is created because of institutions which destroy our birthright to abundance and freedom and prevent information from being made public (that would eventually release our reliance on many things), but also some poverty is individual, just individual laziness, over reliance on governmental subsidies/or external care/support from children/parents, and leeching off of others' work. It's a human problem at the end of the day. And we do create the institutions that are reflective of our human flaws. Until we evolve out of our ugliness, poverty and suffering will continue to exist in this world."

 

Anon. (Aged 58, hotelier, now retired):

“1. What is your idea of poverty? Poverty in my eyes, is when someone does not have a roof over his/her or their head, hardly a job, no utilities whatsoever like electricity and water, unable to have access to decent medical facilities, barely have one meal a day, unable to send their children to school etc.

2. What is your idea of abundance?

Lavish and luxurious living, wastage and use of spending in a vulgar fashion; what I mean is - there is no harm in being rich and able to afford every materialistic need that is considered essential in such an instance. But to waste on lavish parties unnecessarily, (again, not my business) but it is sad to see such living, when the less fortunate can benefit from some of these monies. Perception of "Abundance" could be seen in different ways. In my life, I would pray for good health, and perhaps, my life may seem in abundance to some or of those less fortunate than myself. Abundance is where one does not need to crave for anything else, or have any more wants in life, e.g. a healthy bank account balance, travel frequently with enough expense money, good medical benefits, own luxury vehicles, homes which is evident in most cities in any country. There is so much more that could be added on to what is my idea of abundance.

3. Why are people poor/why is there poverty?

Could be born poor, lazy with no vision or ambition to improve this situation? See how people beg on the streets, when they could easily work in a house as a housemaid, houseboy etc. Just do any kind of work rather than beg!

(I have been a hotelier for 30 years, besides being a sister, sister-in-law, housewife, mother, grandmother, and being a citizen of a country which has an average standard of living...worked hard to do what may be seen as abundance in the eyes of some).”

 

Seasoned Greetings

Dollargreed
Folks

as many prepare for the festivities of the coming Christmas and New Year days, a little reminder of some age old stuff that bears looking at time and again. It is like the well worn Xmas stocking -- you hang it up and hope somehow something gets in there that you like.

As we review the year we are still told that if 'Greed is not so good', then it's also not so bad. But somehow, most people seem to focus on what is good and heartwarming during the festive year end season. It is a time of giving and gratitude and Christmas sales and a busy time for the advertising and marketing industry.

After all, if 'goodness' can sell, why not? What isn't for sale anyway.

Many a person has mentioned why one needs to be 'realistic' and accept that what is spiritual is for the idealists who think what cannot be seen is real. These are the very same 'realists' who believe that there are such things as 'market forces' (invisible to the mind but can be seen through movement of stock indices and people being thrown out of work due to creating a leaner and certainly meaner work force).

Together with the commercially viable 'magic' of Christmas, you have the magical invocations of the 'free market', 'structural unemployment', and increasing 'productivity'. Yet while the workers who create that 'productivity' are 'structurally' eliminated from the 'work force', the fatcat CEOs and the like are busy planning their own bonuses.

The 'productivity' of the top, lean, mean ultracompetitive managers is shown by throwing out people from work thereby testifying to their everlasting adherence to the neo-occultist force of the 'market'. Their 'productivity' is measured through revenue 'turnover', share 'value' (through a laughably valueless US dollar), and one's golf handicap. 

Someone I know who is a CEO of a company in a conglomerate tells me how the deputy to his Group CEO is busy politicking to help bring down the boss so that the deputy can take over. 'Productivity', old chap, 'productivity'.

The_little_match_girl_by_slave2moonlight
It's worth recalling the story of The Little Match Girl (beats saying, please read almost all of Dickens).

And while some of us look out at the world and are greatful for what we have, there are many who would look in and wonder why there is an absence of charity to all.

For the Christians among you, especially those who claim to be true believers, it should be with great understanding that you read these well known words:

"For what profit is it to a man if he gains the whole world, and loses his own soul? Or what will a man give in exchange for his soul?" -- Matthew 16:26

But many among those who claim religiosity would also say, well good ole Matt was speaking at the time when there were no stocks and mega corporations to run. Life was simpler then. There was no SUV to maintain nor high priced condominium to covet.

They say with a straight face, that there was no real use for accountants to cook, well 'balance', the books and so forth. Those were less complicated times; you could actually believe in God and miracles, this is the twenty first century and, the usual stuff...science and technology is the new spiritualism and economists the high priests of our way of life (or 'freedom, democracy, individual rights', and all that).

Then with some hesitation, let us re-read these also unoriginal lines (compared to the 'new' things the mainstream media bombards us with everyday) --

"For I was hungry and you gave Me food; I was thirsty and you gave Me drink; I was a stranger and you took Me in; I was naked and you clothed Me; I was sick and you visited Me; I was in prison and you came to Me.’
   “Then the righteous will answer Him, saying, ‘Lord, when did we see You hungry and feed You, or thirsty and give You drink?  When did we see You a stranger and take You in, or naked and clothe You? Or when did we see You sick, or in prison, and come to You?’ And the King will answer and say to them, ‘Assuredly, I say to you, inasmuch as you did it to one of the least of these My brethren, you did it to Me.’" -- Matthew 25:35-40

All well and good, but later man, first the handphone beckons and will ask for Help when I really need it, right now...it's bonus time, shopping, a little relaxing. At the end of the day someone wins and someone has to lose. That's life.

Meanwhile, back in Gotham City... the United Corporations of America (a.k.a USA) continues its military adventurism abroad, and we have the strange variation of the Monroe Doctrine coming back to bite itself in the hindmost. It increasingly seems apparent that what happens in America's own backyard, that is within itself, should be of concern to Washington, D.C. (Detective Comics).

And there is that other old fashioned line that goes, 'Charity begins at home'.

So perhaps, while everyone would like to think all is well in the world as long as it's basically still OK with themselves, then please take a closer look (especially for those wanting to emulate the United Corporations of America) at what is really taking place in a country that still has the potential for greatness:

Starmoney
Incidentally, there is the interesting complementary tale to The Little Match Girl called the tale of The Star Money. Here the story is one in which the little girl gives away whatever she has and is rewarded by money dropping from the stars/heaven. It is essentially the Law of Attraction embedded within the story in which those who give in all goodness, only need open their arms to receive abundance (the rewards, however, are not always monetary).

Of course, to the smart science-technocrats of today, this is old hat: even as they lay on their death beds one day contemplating that if death is a constant in the third dimensional world of change and conditioning, and that if apparently there may be eleven dimensions to the universe and parallel realities and that it is theoretically possible to do time-travel -- then are there other dimensions of deathlessness and Freedom?

Good question.

On a less sentimental note for the hard core realists out there, a message/song from the one and only; and, by the way, have a good Xmas, New Year, etc -- you know the drill.

 

Money: the beginning of the end: thesis (part 1)

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"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit."

-- Sir Josiah Stamp, director of the Bank of England,
speaking at the University of Texas,1927

Money to end all Money

This piece will look at the new money that is coming into being and which will replace Money as we know it. Money will still be in use, but it will be of a nature that reflects the social relations between people as one that engenders cooperation and mutual respect. As such, I will not traverse more familiar territory that has been explored and expressed better than I could ever do. What I will do, is look at three stages in the move from today’s crumbling debt based monetary system, to the transition and establishment of complementary currencies (CC) holding sway: this would signify the end of Money as we have known it.

For those of you who may not have heard much about CCs/new money before and how they are the part of the wave that is cresting and which will move with us right into the future, then I would suggest some excellent starting points. To have a good acquaintance with the current crisis in money and credit and to get a better perspective of what follows please check out the following:

Reality Sandwich blog entries on “The End of Money?” at http://www.realitysandwich.com/end_money by Daniel Pinchbeck and “Money: a New Beginning, parts 1 and 2” by Charles Eisenstein at http://www.realitysandwich.com/money_a_new_beginning and http://www.realitysandwich.com/money_a_new_beginning_part_2
The other site that is recommended strongly is Eisenstein’s “The Currency of Cooperation” which is an excellent primer on what the new money is about.

For those not familiar with CCs/new money, and who have not taken the time to look at the above sites, I humbly absolve myself for any boggled minds in what follows which may start of as a familiar language, then turn to one of only verbs or nouns, and finally metamorphose into hieroglyphics.


The Three-Step Move


The three stage move I am looking at towards new money is descriptive as it is prescriptive. The first stage will involve a move to a new gold standard due to the impending collapse of the US dollar (USD) and other major fiat world currencies. The dollar will still be in use in the future of course, but it will collapse mainly as a global trading currency and in being used as a reserve currency by national banks of some countries. The second stage involves the rise and enhancement of social businesses as envisaged by Nobel Peace laureate Dr Muhammad Yunus. The third stage will see the establishment of CCs/new money as the prime form of value exchange, relegating national currencies to a limited role.

We need to be clear in understanding that national currencies will not just disappear. The role of CCs is that of complementing other forms of currencies. What will transpire in the years ahead will be the rise of a highly sophisticated system of barter with decentralized sources of new money taking centre stage thereby relegating national currencies to a disciplined and specific role.

The current credit crisis the world is facing is a result of an untenable debt based system of monetary expansion. This is primarily due to the effect of central banks like the US Fed which expand the money supply through the banking system via a pyramid scheme of expanding money which does not actually exist. This comes about by a system of double entry book keeping and expansion of credit. To get a good idea of how this works, check out the wonderful The Creature from Jekyll Island by Edward Griffin.

This pyramid method of expanding money supply has been possible largely due to the use of floating fiat currencies, meaning money that has been unhinged from the gold standard and subject to being printed whenever it is convenient for it to be cranked out. This is soft money that has no tangible backing. A gold backed currency is a hard currency. The US only went off the gold standard in 1971 thanks to President Nixon thereby forcing other nations, by 1973, to all have full floating currencies as well. The reason for Nixon’s move was manifold, partly due to a misunderstanding of how the gold standard works and also, as is sometimes mentioned, the need to print more money to finance the Vietnam War.

Politicians tend to veer away from the discipline of the gold standard because it forces them to stay within the base money supply and ensure convertibility of their national currency into gold. This makes it difficult for self serving political projects and what are now known as earmarks (of the pork barrel kind) to be fully put into play unless there are lots of cash swirling about. But too much money in the system tends to lead to devaluation and eventually inflation which is devastating especially to low income people and the middle classes. Ron Paul’s latest book The Revolution: A Manifesto touches on this specifically.

Please do check this out for greater insight into the matter:

http://www.lewrockwell.com/paul/paul319.html

The fact is the gold standard has long been a preventive cure for unnecessary wars. That is because politicians cannot just print cash to justify their next act of international ambition. It may be of interest that as this is being written, USD has fallen to almost $1,000 per ounce of gold. This is just the beginning. This fall in USD value is a massive vote of no-confidence in the politicians at Washington, politicos at the Fed and chieftains of the banking industry.


Recent headlines are the rising of oil prices to USD135 per barrel. What is not fully explained by the media pundits is that this is due not to a shortage of oil as such, but to the devaluating USD. There is far more money in the system than demand for it, which is the classic cause of inflation as we know it. So calls for oil from strategic reserves to be used, and trashing the arctic and other areas for even more oil is NOT the answer.

Fiat currencies are among the principal causes for misdiagnosing problems and leading to even worse ones. A similar spike occurred in oil prices, as research will show, in the early 70s after Nixon wrenched the US off the gold standard. Yes, there were problems in the Mid East (when were there never?) but the surge in quantity of fiat USD was central to the rise in energy prices.

But the monetarists and the neo-classical economists that are largely responsible for the economic rut we are in are great believers in fooling around with the money supply. It not only, they think, gives us lots of “moolah” but allows the economy to expand. Yet, what it does do instead is lead to bubbles and booms and busts. Money becomes a tool manipulated via interest rates by unelected super bureaucrats at various central banks.

For instance, check out a recent book by one-time Fed governor-general Laurence H. Meyer in his A Term at the Fed during the crucial years of 1996-2002. He states that the key things the FOMC (Federal Open Market Committee) were interested were NAIRU (Non-Accelerating Inflation Rate of Unemployment) and the Taylor rule. What this basically means is that Fed gurus would manipulate rates based on economic theories of the Phillips curve and what the acceptable rate of unemployment was before inflation would kick in; and also when GDP would move away from expected/estimated GDP growth: all this would make it necessary to raise/drop rates based on projections. How effective do you think these people can be within the constraints of the highly charged political framework they operate in? Look around you for the results.

Also, it is worth checking out Bonner and Wiggins’s book Empire of Debt to see why the USD cannot last as it is the way it is going. How can the world’s greatest debtor nation with trillions of dollars of debt carry on by increasing expenditure, lowering rates, and not a sign of increasing taxes on the horizon? How much of this money that is being pumped in can stay the course without leading to severe devaluation? Is there productivity to match this artificial influx of cash into the economy? To what extent can you tell a drunk that the way to get over his inebriate state is to drink another bottle of vodka 75 proof? Who will pay for all these debts (or clean up after the drunk for that matter)?

What is happening now is similar to Americans who go to a diner, have a meal and tell the cashier to pass the check to their grandchildren. The future generation will have to pay for all the current debt. It looks like there is going to be a massive devaluation of the USD coming up (best way to settle debts is to lower the value of what you owe too) and, alas, record hyperinflation. At the first sign of this, or something to this effect, states like Japan and China are going to throw their US bonds in saying “Give me the money!” When that happens there will quite likely be a run against the dollar world wide, and then my friends, financial meltdown takes on a new meaning.