Fundraising Update
Since our last update, we have received $190 in donations, for a total of $1,230 over four days. Other donations are “in the mail.” Again, we want to thank all of our donors for their support. (more…)
Fundraising Update
Since our last update, we have received $190 in donations, for a total of $1,230 over four days. Other donations are “in the mail.” Again, we want to thank all of our donors for their support. (more…)
3,996 words
French translation here
South Africa’s “architect of apartheid,” Dr. Hendrik Verwoerd, and its leading opponent, mining magnate Harry Oppenheimer, both died in the month of September, albeit over three decades apart. It is an opportune time therefore to consider the legacies of the two, (more…)
Part 4 of 4
National Socialist Germany
Propaganda rather than scholarship has dominated studies on National Socialist Germany. Hence, the manner by which certain socio-economic achievements were attained is buried amidst histories that focus on war, the Holocaust, and racial theories. (more…)
2,448 words
Part 3 of 4
States that Broke the Bondage of Interest
Any efforts to advocate alternatives to banking that might extricate nations from the grip of the money-changers are dismissed as “funny money” (more…)
3,859 words
The Impetus from Catholic Social Doctrine
A significant impetus for financial and economic reconstruction was Catholic social doctrine. In many states such as Dollfuss’ Austria,[1] Salazar’s Portugal,[2] Franquist Spain, Vichy France, and as far away as Vargas’ Brazil, Papal Encyclicals provided the doctrinal foundations. The main feature of these “new states” was corporatist social and economic organization, replacing party parliaments with chambers representing all professions. (more…)
Part 1 of 4
“Money is merely the medium of trade. It is not wealth. It is only the transportation system, as it were, by which wealth is carried from one person to another.” — Father Charles Coughlin (1935) (more…)
2,224 words
The French Age of Enlightenment witnessed and celebrated an economic revolution: the rapid growth of speculation and a money economy, and a corresponding diminution in the importance of landed wealth. Bonald believed that the change had been brought about by the practice of usury. (more…)
French translation here
Alan Watts
Does It Matter?: Essays on Man’s Relation to Materiality
New York: Vintage, 1971
Allan C. Carlson
Third Ways:
How Bulgarian Greens, Swedish Housewives, and Beer-Swilling Englishmen Created Family-Centered Economies – And Why They Disappeared
Wilmington, Delaware: ISI Books, 2007
2,356 words
We’re never far from money. We spend most of our time and energy in quest of money.
But how did this thing become an intermediary between us and the world around us? Before money, we bartered. Why did money supplant barter and who is custodian of the money system?
These questions are dangerous: they cost Ezra Pound twelve years. Pound was a victim of political persecution at the behest of financiers and their minions like Franklin Delano Roosevelt. (more…)
1,231 words
November 20, 2008
Free markets mean competition. Competition means winners and losers. Some losers even lose their shirts and go out of business. When a business fails, this should be regarded as a success for the capitalist system as a whole. That goes for really big businesses as well as small ones. In a capitalist system, nobody is “too big to fail.”