Tag Archives: internet

The rich will always be with us!


This week on Facebook: My 2009 and 2013 posts both had the title ‘The rich will always be us’, and while this post does not link directly to the High Net Worth Individuals (HNWI) in the Capegemini Wealth Reports¹ it certainly alludes to them. A Deloitte report on those who spend their discretionary income on luxury items² and one from an Oxford Research Encyclopaedia on the luxury business³, are used in this post sharing the title  “The rich will always be with us’. Having written a number of posts on Brazil I have received criticism from my colleagues in the USA regarding Brazil’s uncertain economic growth, especially with the publication of my post on China Brazil a perspective. This time, rather than take what is a complicated global perspective, I have focused on Brazil as a global indicator for the purchase of luxury items.

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The Money Tree


This week on Facebook: Most of those who believe in the existence of ‘A Money Tree’ and particularly those who choose to write about it (either from the political left or right), are not so naive as to believe that the State uses its fiscal policy wisely. The term money tree is used for political effect, yet regardless of political leanings most remain mute regarding the money that grows on it and where it comes from.

The issue of affordability never arises when the proposed spending relates to activities like going to war or bailing out the banks. There Is A Magic Money Tree

Countries like the UK that have their own central bank with which to create and borrow its own currency, claiming that deficit financing is part of a fiscal policy and not a problem as it is only incurred as an investment that is part of government economic policy. Those committed to the political left or right claim that their fiscal policy will encourage economic growth and resolve any deficit financing problem. The State has consistently failed to cover the costs for the future in its management of fiscal policy such that deficit financing always increases the national debt and fails in its social responsibilities.

To paraphrase Peter F. Drucker, it could he said that: The first responsibility of government is to cover the costs for the future. If this social responsibility is not met, no other social responsibility can be met. Peter F. Drucker, The Practice of Management

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The Value of Money


  This week on Facebook: In ‘The Coming Dark Ages?’ I criticised all the articles for failing to point out that (in my view) the prevalence of an economic global hegemony by Western Philosophy relied on a reserve currency in a fiat money world. Money at the centre of globalisation, whether it is trade or war that is the dominant driving force for global economic growth. I was especially critical of the article America enters the dark ages concluding that in my opinion money, war and a rising nationalism, are the most likely harbingers in any coming of a new dark age.
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A Digital Dark Age?


This week on Facebook:  Last week was not referring to the digital dark age but rather to the coming dark age predicted, in my mind,  in a very large part to the philosophies of Thomas Malthus and Professor Albert Bartlett. I wrote about Thomas Malthus in  Malthus and Growth and mentioning both Malthus and Bartlett in Cassandra & Growth, both of which were posted early last year.  Read more of this post

The Coming Dark Ages?


This week on Facebook: Judao-Christian and Greco-Roman values is under vicious attack everywhere, or so the writer of ‘Return of the Dark Ages’ (1) believes. The article seems to be written as defence for the values of Western Philosophy, and yet it is the ethos of this Western Philosophy that suggests its evolving interpretation into the beginning of a new dark age (2). Read more of this post

From A Dark Age to Enlightenment?


This week on Facebook: I thought the term ‘dark age’ to be rather carelessly used recently, especially in the context of Homer and the fall of Troy. The term “Dark Ages” is now rarely used by historians because of the value judgment it implies, although it is sometimes taken to derive its meaning from the dearth of information about the period. The latter being certainly true of the Greek Dark Age (1) between the collapse of the Mycenaean civilisation and the GreekArchaic Period. Perhaps the Greek dark age that occurred between the end of the Bronze Age and the beginning of the Iron Age is the only period in Western history deserving to be called a dark age¹. There really is a dearth of information about this period in Western history, something that is not true about what became to be understood in Western Philosophy as The Dark Ages. Read more of this post

Aasof on The Great American Songbook


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

Aasof on Artistic Bent


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

Aasof on Liberal Democracy


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

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Aasof on Freedom of Expression (Speech)


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

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The Land Is Ours

a Landrights campaign for Britain

The Bulletin

This site was created for members and friends of My Telegraph blog site, but anyone is welcome to comment, and thereafter apply to become an author.

TCWG Short Stories

Join our monthly competition and share story ideas...

The Real Economy

Blogs and stuff from Ed Conway

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

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