[P2P-F] Debt, Human Rights and Nature

Michel Bauwens michelsub2004 at gmail.com
Fri Feb 18 08:29:21 CET 2011


hi doug,

perhaps you have a section of your book that can be excerpted for this, on
the p2p blog?

I'm interested in that particular historical passage,

Michel

On Fri, Feb 18, 2011 at 3:24 AM, Douglas Rushkoff <rushkoff at gmail.com>wrote:

> Well, I wrote a whole book on this called Life Inc.: How Corporatism
> Conquered the World and How We Can Take it Back.
>
> Most simply, p2p currencies were made illegal because the people were
> getting wealthy. There was a new middle class actually creating and
> exchanging value, and the aristocracy had to stop this before they lost
> their artificial hold on power. So they made money illegal, and chartered
> monopolies to do all the business (in return for passive returns).
>
> In US, the right to issue money went to a private corporation for other
> reasons.
>
>
> On Feb 17, 2011, at 2:30 PM, Kevin Carson wrote:
>
> > On Thu, Feb 17, 2011 at 12:56 PM, Patrick Anderson <agnucius at gmail.com>
> wrote:
> >
> >> So governments had the authority to issue currency for themselves,
> >> but then gave it away to private corporations?
> >
> > As far as I can tell, the private corporations are the government.
> > (In the same sense that feudal landlords, optimates, etc., were the
> > government under previous dispensations).
> >
> >> How funny.
> >>
> >> I wonder why they did this.  It must be for the best, right?
> >>
> >> I've heard people say "It is to control inflation" as though those
> >> private corporations have more self-control than governments.
> >>
> >> If this logic is true, does that mean all the P2P currencies are
> >> fundamentally flawed?
> >
> > Sure.  And if high fructose corn syrup and rubber tomatoes are good
> > for you, people like Michael Pollan and Frances Moore Lappe are
> > fundamentally flawed.  But that's not the way I'd bet.
> >
> >> If this logic is false, does that mean our governments and the
> >> corporations that operate those governments are lying to us?
> >
> > You just won a cigar!
> >
> > --
> > Kevin Carson
> > Center for a Stateless Society http://c4ss.org
> > Mutualist Blog:  Free Market Anti-Capitalism
> > http://mutualist.blogspot.com
> > The Homebrew Industrial Revolution:  A Low-Overhead Manifesto
> > http://homebrewindustrialrevolution.wordpress.com
> > Organization Theory:  A Libertarian Perspective
> >
> http://mutualist.blogspot.com/2005/12/studies-in-anarchist-theory-of.html
> >
> > _______________________________________________
> > P2P Foundation - Mailing list
> > http://www.p2pfoundation.net
> > https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation
>
>
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