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Decline of the American Empire

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{Politics.369.1132}: Richard Clark {cardo} Sun, 08 Feb 2015 09:26:44 EST (1 line)

And without economic colonialism, England would be toast.

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{Politics.369.1133}: Ron Levin {eclectic} Sun, 08 Feb 2015 16:41:57 EST (1 line)

What is "economic colonialism?"

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{Politics.369.1134}: Richard Clark {cardo} Sun, 08 Feb 2015 18:59:07 EST (HTML)

The policy or practice of a wealthy or powerful nation in extending its influence into a less developed one, especially in exploiting that nation's resources. The policy by which a nation exerts political and economic control over a less powerful independent nation or region.

Illustration and example:

"Section 1502 of the Dodd-Frank Act, was passed by the Congress and signed into law in July 2010. It requires companies registered on the U.S. stock market to report on an annual basis whether their minerals have been sourced from the eastern DRC or neighboring countries, and thus, potentially financing conflict. This has in turn led to recent announcements by electronics giants including Apple and Intel that more of their products will be “conflict-free” in the future. In the meantime, a coalition of around 70 Congolese leaders and international experts argue that, in the Congo itself, the movement risks contributing to, rather than alleviating, the very conflicts it sets out to address. While not calling to keep transparency and regulation at the lowest level, their open letter urges governments, companies, and other stakeholders to carefully rethink and increase their engagement on the issue."

"http://www.washingtonpost.com/blogs/monkey-cage/wp/2014/09/10/in-eastern-congo-economic-colonialism-in-the-guise-of-ethical-consumption/"

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{Politics.369.1135}: Jay Hoffman {resist} Sun, 08 Feb 2015 21:42:07 EST (24 lines)

When an armed takeover of another country goes down by an long-
standing Empire it is primarily done for resources. When it is done as
an ideological battle to maintain military advantage oftentimes the
takeover is done solely for the purposes of political intimidation
which includes maintaining an economic sphere of influence.

An "undeveloped" country tends to be dependent upon the economic
powerhouses within its region and thus is vulnerable to becoming a
vassal state without outright military takeover.

If a military takeover of another country is done with control of
resources as the main priority an economic colonialism is instituted.
If such an economic colonialism can be maintained after withdrawing
armies and official political control this can maintain economic
colonialism without the need for armed intervention.

In the globalized world, military threats by other countries and other
powers can often keep the same group of (national-less corporate)
economic colonialists in control without any obvious actions by
corporate colonialists. All the corporate colonialists need to do is
act behind the scenes by owning the state actors (politicians). Such
(all) politicians perform the work of political and economic
colonialism for the corporations - i.e., vacuuming the resources of the
colonized state.

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{Politics.369.1136}: Gd read on economic colonialism {cardo} Sun, 08 Feb 2015 22:31:55 EST (HTML)

John Perkins, author of Confessions of an Economic Hit Man, "pulls back the curtain on the real cause of the current global financial meltdown. He shows how we've been hoodwinked by the CEOs who run the corporatocracy—those few corporations that control the vast amounts of capital, land, and resources around the globe—and the politicians they manipulate. These corporate fat cats, Perkins explains, have sold us all on what he calls predatory capitalism, a misguided form of geopolitics and capitalism that encourages a widespread exploitation of the many to benefit a small number of the already very wealthy. Their arrogance, gluttony, and mismanagement have brought us to this perilous edge. The solution is not a "return to normal."

"http://ebook.stepor.com/book/hoodwinked-an-economic-hit-man-reveals-why-the-world-financial-markets-imploded-and-what-we-need-to-do-to-remake-them-11289-pdf.html"

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{Politics.369.1137}: Ron Levin {eclectic} Sun, 08 Feb 2015 23:36:46 EST (2 lines)

What evidence is there that "economic colonialism" is a significant
source of Britain's wealth, much less the primary one?

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{Politics.369.1138}: Jay Hoffman {resist} Mon, 09 Feb 2015 00:23:49 EST (1 line)

see post:1131

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{Politics.369.1139}: Richard Clark {cardo} Mon, 09 Feb 2015 01:28:22 EST (1 line)

Good work Jay.

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{Politics.369.1140}: Praise for 'Hoodwinked' {cardo} Mon, 09 Feb 2015 01:50:26 EST (HTML)

Review

"John Perkins has been in and out of the world of high finance and low ethics, and in Hoodwinked he not only illuminates that world with dramatic stories and keen insights, but suggests what we might do to create a better society."

—Howard Zinn, bestselling author of A People's History of the United States

"Another thriller from the master storyteller with an insider view. Perkins takes us once again into the dark netherworld of corrupt bankers and economic hit men who lure the unsuspecting into financial ruin and reveals the connection between the folks who for decades enriched themselves at the expense of the world's poor and those who now reap billions at the expense of America. Same people, same scams."

—David Korten, author of Agenda for a New Economy and The Great Turning, and board chair of YES! magazine

"John Perkins' engaging narrative draws us into a brilliant analysis of capitalism's shadow side, and points us to a hopeful path to a better future. Hoodwinked is a must-read for anyone who cares about our economic welfare, social justice, and our collective well-being."

—DANIEL GOLEMAN, bestselling author of Emotional Intelligence and Ecological Intelligence

http://kickass.so/perkins-john-hoodwinked-t6243983.html

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{Politics.369.1141}: Ron Levin {eclectic} Mon, 09 Feb 2015 01:57:58 EST (1 line)

Do you have an answer to my question?

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{Politics.369.1142}: Richard Clark {cardo} Mon, 09 Feb 2015 02:08:22 EST (HTML)

I thought that Jay and I provided an answer.

Would you care to be more specific in asking it, and/or point out how and why you think we failed to answer it?

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{Politics.369.1143}: Ron Levin {eclectic} Mon, 09 Feb 2015 02:23:32 EST (4 lines)

The article in question doesn't even address my question, much less
answer it. It's simply about the current British trade deficit; it
doesn't even mention "economic colonialism," much less contend that
it's responsible for most of Britain's historic increase in wealth.

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{Politics.369.1144}: Jay Hoffman {resist} Mon, 09 Feb 2015 02:33:53 EST (49 lines)

neocolonialism (ni o klo ni lz m)

n.
the policy by which a nation exerts political and economic control
over a less powerful independent nation or region.

http://www.thefreedictionary.com/Economic+colonialism

We know that territorial colonialism has almost ended. But a new
colonialism of a more insidious and pervasive kind--economic
colonization through global market integration--is flourishing. The
new colonizing powers are not nation states, but rather gigantic
corporations with no national allegiance.

Today's development is driven by a money-centered economic model,
which is always motivated to bring returns to money as capital. Human
and natural resources are mobilized and exploited merely as factors of
production. People are simply means, not the beneficiaries of
development.

Corporations from developed countries like the United State or Japan
invest in developing countries like Malaysia not because they want to
help develop the economy, but to profit from Malaysia's people and
resources.

THEY want developing countries like Malaysia to be politically stable
when peace is good for profits. Where they can make money out of
weapons, they create war and political strife;

THEY want excellent infrastructure, communication and support
services, because these things aid in making more profit with greater
convenience, not because it raises the quality of life of the people.

THEY want cheap labor, electricity, water supply, weak environmental
laws and excellent tax incentives. They encourage developing countries
to accommodate them with these so called "competitive rates," which
developing countries should read as "cut your own throats."

The main agents of the economic colonization are the Bretton Woods
institutions controlled by the G-7. The IMF-World Bank structural
adjustment programs for foreign debts epitomize the economic
colonialism process.

This program is designed to reduce consumption of the poor and
redirect the resources into export-led growth for the repayment of
debts. This is like asking a starving man and his family to allocate
all their resources to producing commodities for sale instead of
producing food and necessities to sustain themselves first.
http://livingeconomiesforum.org/1993/COLONIAL

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{Politics.369.1145}: Jay Hoffman {resist} Mon, 09 Feb 2015 02:56:34 EST (5 lines)

Neocolonialism as Financial Imperialism and Alliance of Transnational
Elites

"http://www.softpanorama.org/Skeptics/Political_skeptic/Neocolonialism/i
ndex.shtml"

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{Politics.369.1146}: Richard Clark {cardo} Mon, 09 Feb 2015 16:40:04 EST (1 line)

Great reply, Jay.

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{Politics.369.1147}: Ron Levin {eclectic} Mon, 09 Feb 2015 18:02:28 EST (1 line)

Neither of them address my question.

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{Politics.369.1148}: Richard Clark {cardo} Mon, 09 Feb 2015 19:07:35 EST (1 line)

Why not?  How not?

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{Politics.369.1149}: Jay Hoffman {resist} Mon, 09 Feb 2015 19:25:01 EST (8 lines)

The pyramids of private corporate money based on neocolonial
exploitation and the heroin trade is funneled through Wall Street and
the City of London. Thus both countries can run huge deficits, outsource
production in other countries and skim off the bulk of the profits off
the exploitation of the resources of other countries. As such, trickle-
up economics is assured and the indebtedness of other countries helps
produce a further fire sale of the remaining resources and
infrastructure of the rest of the world.

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{Politics.369.1150}: Ron Levin {eclectic} Mon, 09 Feb 2015 19:53:02 EST (13 lines)

<Why not?>

Probably because you don't want to answer it, but you'd really have to
address that (or either) question.

<How not?>

I asked how "economic colonialism" is primarily responsible for
Britain's increase in wealth since the end its empire. No evidence or
explanation for how that's supposedly the case has been provided.

Instead, definitions of "economic colonialism" have been offered,
along with theories about how it supposedly works.

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{Politics.369.1151}: Jay Hoffman {resist} Mon, 09 Feb 2015 20:12:16 EST (2 lines)

A complete explanation was given but klutzy was tooo dense to understand
it.

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{Politics.369.1152}: Senator Lampoon {yesdeer} Mon, 09 Feb 2015 21:32:07 EST (HTML)

You guys read match book covers and think you're experts in fire fighting.

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{Politics.369.1153}: Jay Hoffman {resist} Mon, 09 Feb 2015 21:34:24 EST (2 lines)

The only thing lameturd knows is lame sarcasm. Outside of that he is a
brainless moron.

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{Politics.369.1154}: Senator Lampoon {yesdeer} Mon, 09 Feb 2015 21:34:55 EST (HTML)

I mean, seriously, "close cover before striking" isn't hard to understand that it pertains to the match and not the joint you're torching.

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{Politics.369.1155}: Jay Hoffman {resist} Mon, 09 Feb 2015 22:11:46 EST (1 line)

Seriously, you are a sarcastic asshole with very little intelligence.

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{Politics.369.1156}: Senator Lampoon {yesdeer} Mon, 09 Feb 2015 23:21:16 EST (HTML)

Oh, you're one of those nits that took the drawing class on the match book cover. That's why you're drawing a blank most of the time.

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