Posted on 4-3-2002
Left
Right - Or Wrong About Global Economy?
by Alan Marston
Ann Pettifor, former coordinator of the international debt cancellation
campaign Jubilee 2000 thinks “... the anti-corporate left sometimes
gets it
wrong. They focus on what they can see and touch, which is trade.
And
because the international financial regime isn’t visible, it
isn’t
attacked. But in reality, it has a much greater power of determination
than
trade.” She notes in the latest issue of Resurgence magazine
"In 1970 90%
of all international transactions were trade transactions, and
only 10%
were financial. By the the end of the year 2000, despite a massive
increase
in trade, the situation had been completely reversed, 90% of
all
international transactions are financial, and only 10% are trading
transactions."
Whose preying?
Last year, via an interview with Keith Rankin, PTV came to a
similar
conclusion as Pettifor has, the `usual suspects' for pro-people
protestors
are petty crims, the Nike's, the McDonald's and Monsanto get
their orders
from the pope's of another order, the all conquering religious
fundamentalism of finance capital. These capos are full-time
in the service
of the the one, the capo de capos, the only, the mighty and
the great - the
$US. It is to the maintenance of the value of that holy of holys
that the
finance institutions impose the deflationary credo upon its
servants,
governments, people and the rest of the natural world.
People in general, poor people in particular are invisible to
the eye of
finance. So is the climate, the seas, the lands, the earth's
crust, the
waterways and all living things therein. What counts is the
value of the
$US on international finance markets and let no blasphemous
regulation from
any source propose otherwise on pain of compulsory payment of
`credits' and
obligatory linking of local currency to the $US and increased
interest
rates and mass sacking of state workers and increased prices
of essentials.
The new order is imposed by the insiders of the finance world
using a
seemingly invincible weapon which they monopolise to great effect,
the dark
force of debt.
The facts are that debt is a convention, wholy man-made not
holy spirit.
Debt has, is and always will be a trick, a slight of hand which
rests on
the attitude taken to money. If money is seen in the religious
context as
beyond the mere powers of humans to make and unmake then debt
assumes
biblical powers, the snake in the garden with all the ideas.
If on the
other hand money is seen through, a mere tool to be used in
the interests
of humanity and the rest of nature, then king dollar has no
clothes, no
heart, no liver, ...the king is a myth, a metaphor.
As soon as the snake-in-the-grass of left ideological demonisation,
the
capitalist, is killed (methaphorically of course) at that moment
anger and
hate is dissipated by a great revelation, the truth, monetary
mirages lack
matter and energy. TOnly then will come to pass a 21st Century
incarnation
of the reformation, with people united and coherent enough to
sweep away
the church of the holy dollar.
Let us pray.
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