Saturday, January 31, 2009

The secret of money: Beyond socialism by Fred Williams

Excerpt:

8 Working towards a Solution

Gandhi said that the worst form of violence is poverty! He said this after observing what British colonialism did to his country of India. Colonialism is an example of what competitive economics means in terms of real consequences. When you look at what was done to India by the British, you get a batter understanding of what the term "economic violence" really means, and you can see how money is used as a weapon. You can see the same thing in what the United States has done in Latin America, time after time, and the Middle East.

Centuries ago the idea of people having the right to govern themselves took root. The concepts of Democracy and Political Equality were born. Looking back, briefly, at the history of democracy we note several events like the Magna Carta. Before that kings had absolute power, not just in England but around the world in various places. The people were told that this power could not be questioned, because it came from God. This was known as "The Divine Right of Kings." [Those wishing absolute power and unquestioning obedience often find it useful to invoke God as their sponsor.] Peasants generally didn't have enough of an education to develop their own ideas on the matter, but the time had to come when the nobility also felt the pinch and they had a good idea of what was going on. They were painfully aware that the King was getting all the spoils whenever he wanted.

So the nobles got together and reasoned that maybe God wasn't quite so in favour of one person having all the power, as the King would have them believe and regardless, things were getting "freaking' desperate." Something had to be done and the idea of limits on the King's power seemed like progress.

Since then, over the centuries, progress towards political equality was made. Various revolutions with varying degrees of success paved the way for at least the appearance of political equality and democracy. We still don't have true political equality, but we're a lot closer to it than we were.

Yet political power isn't the only power. Economic power is a strong and growing factor in today's world. There is also military power, technological power, and others. In the economic sphere there are the artificial concepts of property, ownership and money, promoted very much as a new religion; a new absolute and unquestionable divine right. In the economic sphere, there has not been the principle of economic equality to any great extent, and where it has cropped up, those with economic power have been quick to denounce the idea as "evil," with considerable vigour. They know their power is ended once the ideals of economic equality and democracy catch on.

Since we have some political equality and thus some political power to the people, the rich and powerful are now trying to promote the idea that "government," the seat of political power, is somehow bad for us and everything should be privatized. Thus the egalitarian political power that has been won over centuries of struggle can be lost and the major remaining power will be economic power, where there is no such thing as democracy, and no principle of equality. There would only be the power of the wealthy growing ever more wealthy and they insist on their "divine right" to use their economic power in any way they wish. Money is their weapon of choice. The economic tyranny that we face today is no better than the political tyranny that our ancestors faced in centuries past, and the result is much the same.

People have a right to equal access to the economic system governing the exchange of goods and services. This must be fundamental! It is the democratization of economic power! It is the same process that we have come to cherish politically and we now have to apply it to the economy. Regardless of the power base, be it political, economic, technological, or whatever, the principles of equality and democracy must still apply! If the principles don't transcend the power base, then they just won't work.

Lets look at the parallels in our history of the struggle for political equality. When political democracy was first suggested, (and for some time after), the objections included the idea that common people couldn't possibly manage to govern themselves. They were "commoners" and incapable of understanding the complexities of government. "You're expecting uncommon skills from common people." was one of the sayings. Indeed, at the time "common people" weren't given much of an education and of course they had little idea how to govern themselves, because they had never been called upon to do it, nor imagined that they would be, for the most part. Nevertheless, through education and trial and error, many common people understand the principle of "equality" and intelligently discuss political matters. Just like freed slaves who sometimes don't know what to do with their new-found freedom, common people had to learn to define their own roles, politically, and to manage their equality. Political equality and human rights are now considered cornerstones of an enlightened society. We should now see that economic equality and economic democracy are also essential.

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