Capitalism Hits the Fan: Or Was It Money?

http://www.simondixon.org Simon Dixon discusses in this interview, for the upcoming film '97% owned' by queueupolitely, the debate on capitalism failure..

Monetary Reform and economics with Simon Dixon.

Learn how the Monetary Reform movement has evolved during the financial crisis and why economics may have been the justification behind the financial crisis.

Simon Dixon discusses in this interview on economics and monetary reform

http://www.simondixon.org

Category:

News & Politics

Tags:

• capitalism hits the fan
• richard wolff
• economic crises
• marx
• socialism
• brown university
• MEF
• Richard Rick Wolff
• Financial Crisis
• Capitalism
• Credit Cards
• Debt
• Corporations
• Sub-prime Mortgage
• Simon Dixon
• Benedix
• Monetary Reform
• Banking Reform
• Ron Paul

[oranjd]

What both Rick Wolff and yourself are arguing for is reform of the legal structures that states guarantee. Banks get a license to print money, incorporated firms are able to limit the liability to their owners.

[bankingreform]

@oranjd I stand for fractional reserve banking to become an illegal process and replaced with debt free money created by an independent central bank

Thanks for sharing.

Simon Dixon

[sony8877]

i dont think that the government can create something that is independant from politics, just not possible in my opinion

[bankingreform]

@sony8877 Well when money is not ocreated indirectly through interest rates the central banks job will be to supply money directly to control inflation and deflation. As there will be only one money supply it is very open and transparent compared to fuuzy numbers we use today.

So it is very possible under a transparent monetary system.

Thanks for sharing.

Simon Dixon

[RandallSteen]

That hybred, euphamisitically called a public-private partnership is commonly known as fascism. I think the world has already had enough of that, thanks.

[bankingreform]

@RandallSteen The funny thing is, no economist will look at it like that.

Mainstream economists think it is fine to have private banks supply our nation with money and they come up with theories about how it is fine.

LOL

Thanks for sharing.

Simon Dixon

[nbm34]

@axis4peTHIS IS NONESENCE. iF MACHINES OPERATE THE MEANS OF PRODUCTION without MONEY in the process of distribution. THEY CALCULATE through computers REAL DEMAND based on a specific number of people in the enviroment the MACHINES serve. SO HOW CAN THESE FIXED QUANTITIES NOT BE CALCULATED? YOU ARE THINKING AS A CAPITALIST that is why you can not calculate these simple facts. RESOURCES and any other factors would be calculated on these FIXED

QUANTITIES in question. PRICE HAS NOTHING TO DO WITH IT

[nbm34]

The only reason DEMAND can not be CALCULATED efficiently to-day, IS BECAUSE DEMAND is artificilay held back IN BASIC NEEDS LIKE HOMES AND OTHER GOODS, because people can not afford them or are frighened of debt etc. Just BECAUSE GOODS HAVE VALUE, in classical Capitalist terms. This does not mean the value is affordable were DEMAND is evident like house prices for example.Yet demand is high and production low . WITH NO MONEY MACHINES just build to the populations needs TVP CAN DO THIS

by science

[nbm34]

@axis4peace3 MACHINE PRODUCTION WITHOUT MONEY. Would be CALCULATED on what goods were being produced and WHO NEEDED THESE GOODS FIRST, THEN GENERAL DISTRIBUTIOn subject to COMPUTER data. The needs would be calculated for example by infirmities of AGE HEALTH or other factors related what the goods in question are. IF YOU NOW THE POPULATION in a machine managed enviroment GOODS can be PROJECTED and timed on resources available for those people.

IT CAN BE CALCULATED EFFICIENTLY. continued

[axis4peace3]

@nbm34

go and hear the 2 hour debate between Neil (VRadio) and Stef

there is NO MEANS to calculate production of ANYTHING because in moneyless system price doesn't exist!

Therefore without this you cannot project manage production (ie what is most efficent) in a scientific manner

Therefore, you can not calculate the efficient use of resources whether by machine or man for NO ONE

TVP has present NO ANSWER to this question to this date

[nbm34]

@axis4peace3 YES what could REFORMERS seriously say that is not SCIENTIFICALY practical even now to build a infrastructure were machines operate the means of prodution. And human beings get access to those goods via a computerised system of human nEeds and wants. TO MAKE PRODUCTS THAT LITERALY LAST for LIFE without the need for THE CONSUMER system that need to keep low life poor quality products circulating to put money in BANKS. A MONEYLESS SYSTEM is quite possible to achieve. ZEITGUIST TYPE

[nbm34]

To claim REFORM of the system by NO DEBT in the equasion or ending the FRACTIONAL and priveleged roles of banks in monopolising the circulation of money. IS CHANGING CHAIRS ON THE TITANIC. From cavemans beads to DIGITAL MONEY, this is the cancer in human evolution. Money will either be removed for the next stage of human CULTURAL evolution. BY MACHINES designed to operate the means of production and abolish human labour wage slavery. OR THE CULLING of populations due to tech unemployment next

[nbm34]

It should be evident to those with real study of the historical and political evolution OF MONEY under the big

BANKSTER terms of reference. Rothscilds etc. That their has never ever been enough money past present or future, to supply all the basic needs and wants of the masses. EVEN COMMUNISTS had the same problems.Also the issue that ECONOMIES evolved in the advanced technologies,can no longer maintain the jobs and homes to keep the illusion of growth alive. for its mass consumers. CONTINUED

[CaptainLazerus]

I'm all for a separation of government and commerce amendment. We can just add it to the list of verboten government activities started with government and church.

[axis4peace3]

@bankingreform

8) What do you say to those who say

'Hey, why bother with money reform?' Why not just have a moneyless system? Problem solved like the Zeitgeist types