This week on Facebook: Posting an article on ‘Xi Jinping’s Vision for Global Governance by Kevin Rudd’, prompted a colleague in the USA to remark that perhaps China was not as financially stable as was assumed and that the tariffs introduced by President Trump are to China’s disadvantage. Another colleague in the USA probably shares that view and would add to it the financial, military and political superiority that is assumed by the USA. Yet it the Western World’s hunger for a continuance of their debt based economic growth that led to the post WWII hegemony of the USA is now being challenged by China. Read more of this post
Enter your password to view comments. Posted by Peter on August 15, 2018
This week on Facebook: I often publish pieces that I am sure will be of little interest to whomsoever may read my articles, and so it is with this piece that I was drawn by some remarks that were made to me. I have written elsewhere about China’s ‘Belt and Road’ initiative and made frequent references to the Chinese Premier Xi Jinping. I am of the view that the Western World who — when they think about non-fictional history all — have a superior attitude regarding their global influence. This may have been justified prior to the advances in technology, essentially computerisation, the internet and other advances in IT, but not any longer. Read more of this post
This week on Facebook: Money and debt caused me to review my postings from five years ago, and one from even earlier (2011). I posted Money money money…. in January 2013 and then Crises & Credit in February, the first article posted being somewhat allegorical and intending to be amusing. However, it did lead to the second article, which is intended to be specifically about private debt but mentioning both private and public debt. The difference being that private debt is the debt accumulated by individuals or private businesses in the debts of personal loans, credit cards, or business loans (including corporate bonds). Whereas public debt is the sum of the financial obligations incurred by the State and its public administrations. This debt can be accumulated by the government directly or a government agency at any level and is recovered by taxation and income from the sale of government bonds (gilts).
This week on Facebook: Sometimes a word or a particular set of words keep buzzing around in my brain and simply will not stop their buzz, buzz, buzz, until I resolve where it, or they, came from. So it was with ‘old aunt Harriet’, I knew that I had heard it used in a song but couldn’t remember the piece. Read more of this post
This week on Facebook: Occasionally at my monthly meeting with an ex-colleague we talk about art, he paints watercolours (as far as I am aware they are restricted to inanimate subjects) and has what I would call an ‘artistic bent‘. We may all understand what is meant by an artistic bent, but an internet search for articles that may relate to artistic bent (be it a colloquial expression or an idiom) were difficult to find, as were related terms that could have the same meaning or inference (for example: artistic flair). I frequently claim that I have no artistic bent at all, especially in terms of art (painting) or in recognising a photographic image worth capturing. Read more of this post
This week on Facebook: I never realised that I was living in what is called a Liberal Democracy, I would certainly not connect such a democracy with the Liberal Party here in the UK. It does however appear to be consistent with what one of my Facebook colleagues called Liberal Authoritarianism¹ and is increasingly illiberal. So what is a Liberal Democracy? It seems that even trying to define such a thing as a Liberal State² only succeeds in further dividing a disparate demos.
A fully liberal state is a state in which every citizen has equal rights and liberties, which are as extensive as they could be consistently with all others having the same rights and liberties. In these states this equality of rights and liberties coexists with a considerable socio-economical inequality. This raises questions about the extent to which these states are just and can be called true democracies. Liberal Democracy
This week on Facebook: In the 10th edition of their Democracy Index, the Economist Intelligence Unit (EIU) recently reported the worst performance in global democracy since 2010-11 in the aftermath of the global economic and financial crisis. A special focus of this year’s report is the state of media freedom around the world and the challenges facing freedom of speech. The report aims to give a snapshot of democracy worldwide and includes 165 independent states and two territories which cover almost the entire world population.
Five categories are used to score each country: electoral process and pluralism, civil liberties, the functioning of government, political participation, and political culture. Based on around 60 indicators each country is placed into one of four types of regime: “full democracy”, “flawed democracy”, “hybrid regime” or “authoritarian regime”. The Democracy Index regards freedom of expression as essential for democracy to take root and flourish. The quality of democracy in any country may in large measure be gauged by the degree to which freedom of speech prevails. Societies that do not tolerate dissent, heresy and the questioning of conventional wisdom cannot be “full democracies”. Read more of this post
This week on Facebook: Following my reading of the articles in Bloomberg’s Weekend Edition (This Week was China Week), it’s apparent that we are committed to ideologies, politicians in particular — in my view — being particularly committed to the authoritarian ideology of China’s master plan, which I posted this month. However, in whatever form they may come in, the adherence to a particular ideology produces its own zealots. Comments on the social media confirm this view, but what about the many more who do not involve themselves in ideological discussions! Read more of this post
2017 @ A.P. Herbert AI Albert Haddock Banks blog book books budget budget deficit C.S. Lewis censorship China Civil Service constitution Crime CRT cryptocurrency CWG debt deficit democracy education ethics EU euro fiat money Film France freedom of expression free trade gdp government history human-rights inequality internet J M Keynes language Law Ludwig Von Mises Margaret Thatcher morality music Musical national debt New Labour NHS opinion parody PFI poetry police Police & Crime Commissioners politics Quantitative Easing research school Screwtape Sir Ethelred Rutt K.C. social-media Social Welfare statistics T.E. Utley taxation terrorism Thatcher The Telegraph UK Unemployment USA Victor Hugo war war on terror
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