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High Levels of Youth Unemployment – and Runaway Inequality – Cause Riots
High Levels of Youth Unemployment – and Runaway Inequality – Cause Riots
Recipe For Disaster
We’ve known for 1,900 years that runaway inequality destroys societies.
The great American historian Will Grant wrote in 1969:
In progressive societies the concentration[of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, which history has diversely met by legislation redistributing wealth or by revolution distributing poverty.
A 2011 study this month by economists Hans-Joachim Voth and Jacopo Ponticelli shows that – from 1919 to the present – austerity has increased the risk of violence and instability.
Peter Turchin (professor in the Department of Ecology and Evolutionary Biology, and an adjunct professor in the departments of Anthropology and Mathematics at the University of Connecticut) pointed out in 2013 that inequality is cyclical, skyrocketing until – periodically – revolution forces concessions from those who have grabbed all the wealth.
Indeed, leading institutions and economists all over world warn that runaway inequality could cause violence and unrest.
For those who work for a living, the level of inequality in America today is arguably the highest in world history.
A high level of youth unemployment is also a leading cause of riots. As we noted in 2011:
…click on the above link to read the rest of the article…
The Power of Lies
The Power of Lies
It is one of history’s ironies that the Lincoln Memorial is a sacred space for the Civil Rights Movement and the site of Martin Luther King’s “I Have a Dream” speech.
Lincoln did not think blacks were the equals of whites. Lincoln’s plan was to send the blacks in America back to Africa, and if he had not been assassinated, returning blacks to Africa would likely have been his post-war policy.
As Thomas DiLorenzo and a number of non-court historians have conclusively established, Lincoln did not invade the Confederacy in order to free the slaves. The Emancipation Proclamation did not occur until 1863 when opposition in the North to the war was rising despite Lincoln’s police state measures to silence opponents and newspapers. The Emancipation Proclamation was a war measure issued under Lincoln’s war powers. The proclamation provided for the emancipated slaves to be enrolled in the Union army replenishing its losses. It was also hoped that the proclamation would spread slave revolts in the South while southern white men were away at war and draw soldiers away from the fronts in order to protect their women and children. The intent was to hasten the defeat of the South before political opposition to Lincoln in the North grew stronger.
The Lincoln Memorial was built not because Lincoln “freed the slaves,” but because Lincoln saved the empire. As the Savior of the Empire, had Lincoln not been assassinated, he could have become emperor for life.
As Professor Thomas DiLorenzo writes: “Lincoln spent his entire political career attempting to use the powers of the state for the benefit of the moneyed corporate elite (the ‘one-percenters’ of his day), first in Illinois, and then in the North in general, through protectionist tariffs, corporate welfare for road, canal, and railroad corporations, and a national bank controlled by politicians like himself to fund it all.”
…click on the above link to read the rest of the article…
The Origin of the ‘New Cold War’
The Origin of the ‘New Cold War’
This will be history, replacing myth. So: if at the start it might seem unbelievable, I request the reader — please click onto the sources; and, as you read them, you will (if you have been getting your ‘news’ from the popular mainstream and ‘alternative’ ‘news’ sources) experience the replacement of myth by actual history. The world in our time will come directly alive via the most-reliable sources that exist; and it clearly contradicts, it disproves, the widespread myth that has been projected from the ‘news.’
To start with: the ‘new Cold War,’ against Russia, is something of a misnomer, because it differs from the original version, against the U.S.S.R., in that it’s already a hot war, which started in Ukraine as being the key proxy-state for the American Government’s chief foreign-policy aim, of defeating Russia; and it’s a war that is very bloody, and widely lied-about in both the U.S. and Europe, but that is discussed in Russia as if it were somehow the result of mere errors by Western powers, when in fact all of the Western leaders knew from the get-go that this was intended to be a lynching of Russia by Uncle Sam, and when the EU have been going along with this aim because the U.S. aristocracy supposedly have the interests of European aristocrats in mind and not only their own: it’s ‘the Western Alliance,’ after all.
But it’s not ‘the Western Alliance,’ really. It’s instead a gangland war by aristocrats on the global stage, and it’s threatening to become the hottest war that ever was.
…click on the above link to read the rest of the article…
We Live In An Era Of Dangerous Imbalances
We Live In An Era Of Dangerous Imbalances
The intervention by the world’s central banks has resulted in today’s bizarro financial markets, where “bad news is good” because it may lead to more (sorry, moar) thin-air stimulus to goose asset prices even higher.
The result is a world addicted to debt and the phony stimulus now essential to sustaining it. In the process, a tremendous wealth gap has been created, one still expanding at an exponential rate.
History is very clear what happens with dangerous imbalances like this. They correct painfully. Through class warfare. Through currency crises. Through wealth destruction.
Is that really the path we want? Because we’re for sure headed for it.
…click on the above link to see the video…
We Live In An Era Of Dangerous Imbalances
We Live In An Era Of Dangerous Imbalances
The intervention by the world’s central banks has resulted in today’s bizarro financial markets, where “bad news is good” because it may lead to more (sorry, moar) thin-air stimulus to goose assets prices even higher.
The result is a world addicted to debt and the phony stimulus now essential to sustaining it. In the process, a tremendous wealth gap has been created, one still expanding at an exponential rate.
History is very clear what happens with dangerous imbalances like this. They correct painfully. Through class warfare. Through currency crises. Through wealth destruction.
Is that really the path we want? Because we’re for sure headed for it.
…click on the above link to view the video…
FOURTH TURNING – THE SHADOW OF CRISIS HAS NOT PASSED – PART FOUR
FOURTH TURNING – THE SHADOW OF CRISIS HAS NOT PASSED – PART FOUR
In Part One of this article I explained the model of generational theory as conveyed by Strauss and Howe in The Fourth Turning. In Part Two I provided an overwhelming avalanche of evidence this Crisis has only yet begun, with debt, civic decay and global disorder propelling the world towards the next more violent phase of this Crisis. In Part Three I addressed how the most likely clash on the horizon is between the government and the people. War on multiple fronts will thrust the world through the great gate of history towards an uncertain future.
War on Multiple Fronts
“The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words, a total war. Every Fourth Turning has registered an upward ratchet in the technology of destruction, and in mankind’s willingness to use it.” – Strauss & Howe –The Fourth Turning
The drumbeats of war are pounding. Sanctions are implemented against any country that dares question American imperialism (Russia, Iran). Overthrow and ignominious imprisonment or death awaits any foreign leader questioning the petrodollar or standing in the way of America spreading democracy (Iraq, Libya, Syria, Ukraine, Egypt). The mega-media complex of six corporations peddle the government issued pabulum about ISIS being an existential threat to our freedoms; Russia being led by the new Hitler and poised to take over Europe; Syria gassing innocent women and children; and Iran only six months away from a nuclear bomb (they’ve been six months away for the last fourteen years). Hollywood does their part with patriotic drivel like American Sniper, designed to compel low IQ unemployed American youths to swell with pride and march down to enlistment centers, located in our plentiful urban ghettos.
The most disconcerting aspect of Fourth Turnings is they have always climaxed with total destructive all-out war. Not wars to enrich arms dealers like Iraq, Afghanistan, and Syria, but incomprehensibly violent, brutal, wars of annihilation. There are clear winners and losers at the conclusion of Fourth Turning wars. Leaders mobilize all forces, refuse to compromise, define their enemies in moral terms, demand sacrifice on the battlefield and home front, build the most destructive weapons imaginable, and employ those weapons to obtain victory at any cost.
…click on the above link to read the rest of the article…
FOURTH TURNING – THE SHADOW OF CRISIS HAS NOT PASSED – PART THREE
FOURTH TURNING – THE SHADOW OF CRISIS HAS NOT PASSED – PART THREE
In Part One of this article I attempted to illuminate the concept of generational theory as articulated by Strauss and Howe in The Fourth Turning. In Part Two I provided proof this Crisis is far from over, with ever increasing debt, civic decay and global disorder propelling the world towards war.
Seeds of Crisis & War
“The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across some vast chaos that defies any mortal effort to plan our way there. The Fourth Turning will try our souls – and the saecular rhythm tells us that much will depend on how we face up to that trial. The saeculum does not reveal whether the story will have a happy ending, but it does tell us how and when our choices will make a difference.” – Strauss & Howe – The Fourth Turning
When you accept the fact history is cyclical and continuous linear progress is not what transpires in the real world, you free yourself from the mental debilitation of normalcy bias and cognitive dissonance. Things do get worse. There are dark periods of history and they recur on a regular cycle. And we are in the midst of one of those dark periods. This Crisis will not be resolved without much pain, sacrifice, bloodshed, and ultimately war. Catastrophe is a strong possibility. The core elements of this Crisis – debt, civic decay, global disorder – are coalescing into a perfect storm which will rage for the next ten to fifteen years. The rhythms of history only provide a guidepost of timing, while the specific events and outcomes are unknowable in advance. The regeneracy of society into a cohesive, unified community, supporting the government in a collective effort to solve society’s most fundamental problems seems to have been delayed. Or has it?
…click on the above link to read the rest of the article…
Understanding The Fear Of Self-Defense And Revolution
Understanding The Fear Of Self-Defense And Revolution
Our era is a strange one when considering how social attitudes have developed in such a contrary fashion to the rest of history. I think that our forefathers would look upon our current culture with bewilderment when confronted with the fact that our generation has all but abandoned the option of physical rebellion as a tool for social change. Even among the most enslaved of nations and peoples, the idea of revolution has been held in regard as an entirely moral and principled affair involving every individual, no matter their age or economic station. Today, however, that which we call “revolution” has been delegated mostly to college-age intellectuals and has been so watered down and whitewashed with politically correct restrictions that the concept is hardly recognizable.
I believe the civil rights movements in America and in India in the 20th century have in many ways warped the public view of how opposition to totalitarianism is actually accomplished. I find it interesting that movements led by Gandhi and Martin Luther King Jr. enjoy so much adoration in mainstream media and in public schooling, while the American Revolution is often either misrepresented or not discussed at all. Gandhi’s movement was, in concrete terms, a failure until Indians had actually began organizing to physically fight the British, causing the Crown to attempt to defuse the movement by suddenly offering up a reformation of Indian governance (one that would continue to benefit them). When one examines the facts surrounding Cointelpro operations by the FBI and CIA during the civil rights movement in America, one realizes that half the efforts and actions were legitimate and the other half entirely manipulated.
Over the course of half a century, the philosophy of “anti-violence” has come to include a distinct distaste for self-defense. Self-defense is now consistently equated to “violence” (and is, thus, immoral), regardless of environmental circumstances.
…click on the above link to read the rest of the article…
FOURTH TURNING – THE SHADOW OF CRISIS HAS NOT PASSED – PART ONE
FOURTH TURNING – THE SHADOW OF CRISIS HAS NOT PASSED – PART ONE
“Imagine some national (and probably global) volcanic eruption, initially flowing along channels of distress that were created during the Unraveling era and further widened by the catalyst. Trying to foresee where the eruption will go once it bursts free of the channels is like trying to predict the exact fault line of an earthquake. All you know in advance is something about the molten ingredients of the climax, which could include the following:
- Economic distress, with public debt in default, entitlement trust funds in bankruptcy, mounting poverty and unemployment, trade wars, collapsing financial markets, and hyperinflation (or deflation)
- Social distress, with violence fueled by class, race, nativism, or religion and abetted by armed gangs, underground militias, and mercenaries hired by walled communities
- Political distress, with institutional collapse, open tax revolts, one-party hegemony, major constitutional change, secessionism, authoritarianism, and altered national borders
- Military distress, with war against terrorists or foreign regimes equipped with weapons of mass destruction”
The Fourth Turning – Strauss & Howe – 1997
When you read pertinent passages from Strauss & Howe’s prophetic assessment of history from a generational perspective, eighteen years after its publication and seven years into the Crisis they forecasted with uncanny accuracy, you find yourself shaking your head and appreciating their visionary generational appraisal of antiquity. Those who scorn The Fourth Turning either haven’t read it, are ignorant of the cyclical nature of history, blindly believe in never ending human progress, or their salary is dependent upon not acknowledging the truth. A year consists of four seasons – Spring, Summer, Fall, and Winter. A long human life of 80 years consists of four phases – childhood, young adulthood, mid-life, and old age. Human beings tend to associate themselves with the cohort born within the roughly 20 year period that makes up one phase of life.
…click on the above link to read the rest of the article…
The central contradiction in the modern outlook: ‘Planet of the Apes’ vs ‘2001: A Space Odyssey’
The central contradiction in the modern outlook: ‘Planet of the Apes’ vs ‘2001: A Space Odyssey’
When talking about the perils of climate change or resource depletion, soil degradation or fisheries collapse, water pollution or nuclear waste–how annoying it is to have one listener respond dismissively, “They’ll figure something out. They always have.”
It’s a nonsense rejoinder and yet, it often gains the assent of many–as if this assertion were a self-evident truth that only an enemy of progress would question. And, that’s where we’ll start examining the central contradiction in the modern outlook–with a statement that is offered as if it were a scientific fact, when, in truth, it is nothing more than a piece of dogma enunciated by the religion we call modernism.
At first glance, the statement seems backward-looking because it asserts that we humans have always averted catastrophe through our ingenuity. But, of course, this is complete hogwash. History is replete with civilizations that have risen and then fallen, crumbling for myriad reasons eerily similar to ones said to threaten our own: climate change, resource depletion, soil degradation, water pollution, plagues, war, and political disintegration. The listener’s statement above can’t really be backward-looking for it would fall to pieces with only a cursory review of history.
And so, this means that it must actually be forward-looking. It assumes that the future cannot fail even though the past testifies to almost certain decline for our civilization at some point. What is the basis for this forward-looking optimism concerning a future which we cannot know?
…click on the above link to read the rest of the article…
A Camp Amid the Ruins
A Camp Amid the Ruins
Well, the Fates were apparently listening last week. As I write this, stock markets around the world are lurching through what might just be the opening moves of the Crash of 2015, whipsawed by further plunges in the price of oil and a range of other bad economic news; amid a flurry of layoffs and dropping rig counts, the first bankruptcy in the fracking industry has been announced, with more on their way; gunfire in Paris serves up a brutal reminder that the rising spiral of political violence I traced in last week’s post is by no means limited to North American soil. The cheerleaders of business as usual in the media are still insisting at the top of their lungs that America’s new era of energy independence is still on its way; those of my readers who recall the final days of the housing bubble that burst in 2008, or the tech-stock bubble that popped in 2000, will recognize a familiar tone in the bluster.
It’s entirely possible, to be sure, that central banks and governments will be able to jerry-rig another round of temporary supports for the fraying architecture of the global economy, and postpone a crash—or at least drag out the agony a bit longer. It’s equally possible that other dimensions of the crisis of our age can be forestalled or postponed by drastic actions here and now. That said, whether the process is fast or slow, whether the crunch hits now or a bit further down the road, the form of technic society I’ve termed abundance industrialism is on its way out through history’s exit turnstile, and an entire world of institutions and activities familiar to all of us is going with it.
…click on the above link to read the rest of the article…
