Hi Natalie,<br><br>you are right that there are corrupt people everywhere, but structural aspects are very important, <br><br>in a monarchy, you can't challenge the monarch, in a democracy, you can, at least in theory<br>
<br>the challenge of osw is the awareness that this 'democracy' is no longer functioning and has been captured by private business interests,<br><br>one could argue that the current state form has been nearly completely captured, at least and especially in the US, by such predatory factions (of course, the EU is giving the same strong signs of this as well)<br>
<br>no human system is beyond corruption, and the most democratic systems can slide intro their contrary,<br><br>Michel<br><br><div class="gmail_quote">On Thu, Oct 13, 2011 at 6:29 AM, Natalie Golovin <span dir="ltr"><<a href="mailto:10natalie@cox.net">10natalie@cox.net</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
<div dir="ltr">
<div dir="ltr">
<div style="font-family: 'Calibri'; color: rgb(0, 0, 0); font-size: 12pt;">
<div>That�s what I said..Corrupt, conniving businessmen use liberal causes like
affordable housing and turn it to their own ends. James A Johnson did that exact
thing re Fannie-Freddie. As the current bottom up revolution develops-there will
be squabbling, discontent and malfactors waiting in the wings. My mail was about
realizing that there are ethical voices out there that your �group� has not
recognized and have much to contribute. It really comes down to the individual
morality of the leaders or representatives. I�m convinced a Monarchy can have
more freedom than a Democracy-if the Monarch uses his power beneficently. There
are selfish, unscrupulously people everywhere-even in the homes of those
supporting the �Commons.�</div>
<div style="font-style: normal; display: inline; font-family: 'Calibri'; color: rgb(0, 0, 0); font-size: small; font-weight: normal; text-decoration: none;">
<div style="font: 10pt tahoma;">
<div>�</div>
<div style="background: none repeat scroll 0% 0% rgb(245, 245, 245);">
<div><b>From:</b> <a title="michel@p2pfoundation.net" href="mailto:michel@p2pfoundation.net" target="_blank">Michel Bauwens</a> </div>
<div><b>Sent:</b> Wednesday, October 12, 2011 12:02 PM</div><div class="im">
<div><b>To:</b> <a title="p2p-foundation@lists.ourproject.org" href="mailto:p2p-foundation@lists.ourproject.org" target="_blank">P2P Foundation mailing
list</a> </div>
</div><div><b>Subject:</b> Re: [P2P-F] Michael Hudson video *****</div></div></div>
<div>�</div></div>
<div style="font-style: normal; display: inline; font-family: 'Calibri'; color: rgb(0, 0, 0); font-size: small; font-weight: normal; text-decoration: none;"><div><div></div><div class="h5">and
just a remark, for several decades, we had very successful and relatively
uncorrupt public housing in Europe, which helped millions of working class
people to a house, either through cheap rent or cheap mortgages .. in fact, the
real estate bubbles started at pretty much the same time they stopped doing
this, and housing shortages became permanent after this ...<br><br>just to
mention the example of my own family, in a country which still had child
labourers dying in their teens until the fifties, 'government policies' insured
free education, free healthcare, cheap quality housing, allowing a child of two
orphan working class parents to go to the university ...<br><br>all of this was
slowly dismantled, but not completely, in the 80's with the neoliberal
counterrevolution ...<br><br>I would not be surprised if U.S. welfare
institutions were gutted and defunded, then blamed for their failures because
they were 'government' ...<br><br>I'm not saying this as an absolute fan of
'government', just as a counterpoint to the right-libertarian myth that
governments are always bad and corporations always good (I'm slightly
exagerating but the essence is really that)<br><br>Natalie, most often you will
see that those pocketing the $$$ are not 'liberals' but actually
archconservatives using libertarian justifications for their looting
...<br><br>Michel<br><br><br><br>
<div class="gmail_quote">On Wed, Oct 12, 2011 at 8:36 PM, Natalie Golovin <span dir="ltr"><<a href="mailto:10natalie@cox.net" target="_blank">10natalie@cox.net</a>></span>
wrote:<br>
<blockquote style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;" class="gmail_quote">Hello Peers-I've been following Michael Hudson for a long
time. Libertarian<br>economic ideas are shunned by mainstream candidates &
progressives won't<br>listen with open minds. If you like Hudson & Yves
Smith- maybe P2P could<br>listen more carefully to details put forth by Ron
Paul, Ralph Nader, Dennis<br>Kucinich. Not the panacea you imagine, but much
closer to freedom then the<br>criminals in charge now. Hope you've read
"Reckless Endangerment" and<br>learned how conniving businessmen used
affordable housing and were protected<br>by an aura of political
correctness-to build the Fannie/Freddie scheme.<br>Often regulatory capture is
used by the Left to promote equality but the $$$<br>ends up in the pockets of
the liars-posing as liberals.<br>
<div>
<div></div>
<div><br>-----Original Message-----<br>From: <a href="mailto:ideasinc@ee.net" target="_blank">ideasinc@ee.net</a><br>Sent: Wednesday, October
12, 2011 5:46 AM<br>To: P2P Foundation mailing list ; <a href="http://toeslist.yahoogroups.com" target="_blank">toeslist.yahoogroups.com</a><br>Subject: [P2P-F] Michael Hudson
video *****<br><br>In this Real New Network interview Michael Hudson has put
forth the best<br>reasoning that I've heard favoring state banking. It is to
treat the<br>entire banking sector as a public utility function only. This
brings the<br>MMT and FF principles for fiscal policy reform into prominence
by having<br>the rest of the necessary reform agenda. Reiteration, a major
part of the<br>problem is the banking culture itself. Shifting that sector
primarily<br>toward functioning as a regulated, public utility. Eliminating
the<br>fractional reserve franchise is another line on a reform
agenda.<br>Re-establishing the debt free supply of currency is another agenda
line.<br>Countercyclical intervention to create jobs is another slice of
functional<br>finance fiscal policies. Repairing, building, and expanding
public<br>infrastructure is another
entry.<br><br><br>Tadit<br><br><br><br><br><br>�<a href="http://ampedstatus.org/michael-hudson-on-occupywallstreet-wall-street-is-a-crime-gang-a-criminal-organization-ows-video/" target="_blank">http://ampedstatus.org/michael-hudson-on-occupywallstreet-wall-street-is-a-crime-gang-a-criminal-organization-ows-video/</a><br>
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