Showing posts with label statism. Show all posts
Showing posts with label statism. Show all posts

Saturday, April 24, 2021

The Free World Died of Covid-19

The Free World Died of Covid-19 | The Dossier, Substack - Jordan Schachtel:

April 13, 2021 - "The Free World is a term that was originally used to describe the Allied powers during WWII, but it is most applicable here when discussing what united the anti-Soviet bloc to the United States during the Cold War. It was ... 'Western world' values of free speech, free media, the freedom of assembly, and freedom of association that united our sovereign states against the evils of Communism.

"Covid Mania has turned the world’s sovereign states into one tyranny after another. And the authoritarian forces of the world won this second 'Cold War' against its citizens without firing a shot. Some appear to be under the impression that the ruling class, which just finished the fastest rollup of power in human history, will simply return these stolen liberties when the 'national emergency' comes to an end. I’m not particularly convinced that this is the case. As John Adams once said, 'But a Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever.

"In the United States, our federalist system allows for pockets of freedom in places like Florida, Texas, South Dakota and the like. But dare to protest in the Nation’s Capital today and you’ll quickly find yourself on an FBI watchlist, and almost certainly, with a future date in our nation’s kangaroo court system.... Our nation is no longer united behind these “Free World” concepts, and they are now only considered virtuous ideas in the aforementioned pockets of freedom in America. In the rest of the country, it has been made crystal clear that your rights do not supersede a disease with a 99.8% recovery rate....

"The United Kingdom has placed its citizens under indefinite confinement. Their “Covid restrictions” have lasted well over a year, and there is no end in sight.

"Canada, which has also been under a strict lockdown for over a year, has mutilated the free press while simultaneously transforming into a Chinese state colony. Under the 'leadership' of Justin Trudeau, Canada has essentially outlawed freedom of movement, free speech, freedom of religion, and freedom of assembly in the name of a virus.

"New Zealand, another nation that is cozying up to Beijing, is committed to a 'Zero Covid' self-siege that has blockaded the island nation from the world for over a year. Citizens who test positive for Covid-19 are forcibly sent to quarantine camps. The government has recently considered legislation punishing people for the act of acquiring Covid-19.

"States in Australia have implemented some of the most intrusive lockdowns in the world. In Victoria, lockdowns meant citizens were only allowed to leave their homes for one hour a day, and they were not allowed to travel outside of a certain radius from their homes. The act of protesting is illegal, and it will be met by riot police.... 

"Germany, France, and Italy just entered another round of rights-restricting lockdowns, and countless more “Free World” nations continue chipping away at personal freedoms....

"The Free World, as a united force, was indeed very sick for the better part of the 21st century, but it has finally died from Covid-19. The concept only lives on in our imaginations and memories. The Covid era has exposed that these values that supposedly united the West are nothing more than a facade."

Read more: https://dossier.substack.com/p/the-free-world-died-of-covid-19

Thursday, February 4, 2021

The economic ideas behind the 'Great Reset'

Terence Corcoran: The murky rise of Klaus Schwab's stakeholder 'capitalism' and the WEF's Davos corporate plan | Financial Post:

January 22, 2021 - "For several years now the World Economic Forum [WEF], host of the annual corporate celebrity bash known as the Davos Summit, has been a driving global force behind a move to overthrow market capitalism and profit-maximizing corporations and replace them with a new economic model called 'stakeholder capitalism'.... In the words of Klaus Schwab, the 82-year-old German economist who founded the WEF in 1973, the existing corporate enterprise model, the shareholder version that has dominated much of the world’s economic progress over the past century, needs to be replaced. 'We need a change of mindset, moving from short-term to long-term thinking, moving from shareholder capitalism to stakeholder responsibility. Environmental, social and good governance have to be a measured part of corporate and governmental accountability.'

"With the U.S. government now under Democratic Party control, a reformation of capitalism appears to be underway. 'It’s way past time we put an end to the era of shareholder capitalism,' said Joe Biden when he outlined his platform last July.... An army of academics, consultants, executives and politicians is already on board the stakeholder movement....

"Schwab claims to have invented the stakeholder concept as a replacement for the shareholder version of corporate purpose most often associated with Nobel economist Milton Friedman. But in fact Schwab’s stakeholderism ... has a long and messy history.... Ending shareholder capitalism by merging private enterprise with government power is not a new idea....  In the United States, the idea ... reached a peak of sorts in the 1970s when Ralph Nader ... proposed a U.S. federal charter of major U.S. corporations 'whereby a government gives the corporate entity existence and that entity, in return, agrees to serve the public interest'.... Nader’s call for a U.S. government 'federal charter' for corporations was revived in 2018 by Massachusetts Sen. Elizabeth Warren. She proposed an Accountable Capitalism Act that would force American corporations with more than $1 billion in annual revenue to obtain a federal charter.... Corporate directors would be obligated to consider the interests of all corporate stakeholders, 'including employees, customers, shareholders, and the communities in which the company operates'....

"University of Calgary economist Randall Morck, editor of A History of Corporate Governance Around the World, sets the origins of legalized stakeholderism in Germany and the passage of the National Socialist government’s Shareholder Law of 1937. The law, writes Morck, 'freed corporate managers and directors of their specific fiduciary duty to shareholders and substituted a general duty to all stakeholders.' A paper in the 1938 issue of The American Economic Review described the new German corporate model as an application of the leading ideas of the German government at the time. The objectives of the law included 'protection of the interests of the public, employee and company by granting the state broad powers of intervention.' All forms of economic activity must observe the principle of 'public welfare before individual gain.' Beyond Germany, during the early years of the 20th century, many theorists and corporate executives embraced stakeholderism....

"The current effort to 'put an end to the era of shareholder capitalism,' as Biden said, aims to undo the free-market foundations of shareholder capitalism.... 'We must move on from neoliberalism in the post-COVID era,' says Schwab. We need to abandon the 'sacred cows,' such as 'free-market fundamentalism,' ...'start to build institutional platforms for public-private co-operation.' In his new book ... Schwab lists the four key power sectors that would sit at the corporate governance table: governments, civil society, corporations, and such international organizations as the United Nations. In that model, shareholders are likely to end up standing in line behind stakeholders — and stateholders.

"Shareholders are already taking a back seat. Corporate managers today fund the arts, finance political parties, give to charities, declare their climate-change activism and set up multimillion-dollar foundations that sponsor radical environmentalism. Supporters of the stakeholder movement include major institutional investors, accounting organizations, agencies and giant consultancies seeking to cash in on the corporate need for advice.... Canada’s top government-based pension plans, from the Canada Pension Plan Investment Board to the Ontario Teachers’ Pension Plan — the country’s largest shareholders — are now backing the stakeholder movement....

"Overhanging the stakeholder juggernaut is the total absence of any method to measure the performance of stakeholder governance. Randall Morck at the University of Calgary argues that loading multiple social and political responsibilities ... on to corporate executives and boards would likely lead to gross distortions in corporate decision-making at the expense of shareholders. 'Presented with a multitude of objectives, the decision-maker ends up focusing on none. Thus, with no way to keep score, stakeholder theory leaves top corporate managers unaccountable for their actions'....

"Two Harvard law professors — Lucian Bebchuk and Roberto Tallarita — recently described what they refer to as 'The Illusory Promise of Stakeholder Governance.' Stakeholderism, they conclude, 'would insulate corporate leaders from shareholder pressures and make them less accountable.” Even more bluntly, Bebchuk and Tallarita argue that the rise in support for stakeholderism among corporate leaders and their advisors 'is motivated, at least in part, by a desire to obtain insulation from hedge fund activists and institutional investors. In other words, they seek to advance managerialism by putting it in stakeholder’s clothing.' The result would be detrimental to shareholders and the economy. It would also, they add, undermine the achievement of stakeholder objectives. 'For those interested in addressing corporate externalities and protecting corporate stakeholders, embracing stakeholderism would be counterproductive.'

"Scholarship on the purpose of corporations dates back centuries, but the current prevalence of 'stakeholder capitalism' theory in law, economics and politics is an affront to fundamental principles. How can they call it 'capitalism' when the result would be the destruction of capitalism as we know it? Call it what it is: Stateholderism. That seems to be the plan."

Read more: https://financialpost.com/opinion/terence-corcoran-the-murky-rise-of-stakeholder-capitalism

Sunday, July 12, 2020

Floyd protests ignore the real issue of statism

Op-Ed: Virtue Signaling and Fundraising Solve Nothing | Loudwire - Eric July:
For example, when a cop shoots a black man you focus on the racism… ignoring all the statism / Holding signs, rioting is not about to save him ‘cause you must’ve forgot that that’s the power that you gave them”
                                  – “Self Ownership” by BackWordz in 2016. Words by: Eric July.
June 8, 2020 - "Imagine spending the last five years building a band from the ground up and releasing the first album right in the middle of an election cycle ... that has the theme of addressing the political and social landscape while being in opposition to a criminal institution known as the State.... Because the band’s philosophy threatens the institution that is used to fund or enforce the general politics and ideals of people within the scene, the scene defends the State against the band and its members....

"And ... a man that is the same color as the frontman is slowly killed by the same institution you spoke against. But the same people that were defending the State and supported people that wanted to expand its reach, are now concerned with the 'injustices' faced by people that are of the same race of the frontman....

"This conversation went straight to white vs. black or blue vs. black when it should be the State vs. You. At this point, I don’t even care to have these discussions about whether or not the law enforcement disproportionately kills when you account for population, crime rates etc. This issue is not going to be resolved if we can get everybody to be killed at the same rate.... But the national narrative is centered around racism and that alone, so now we have many different people trying to prove that they’re one of the good guys pertaining to how they view black people....

"Putting it bluntly: This is just a show for the most part and none of these actions are actually conducive to resolving the issue of State aggression.... For purposes of this write-up, understand that the State is a territorial monopoly on use of force, violence and ultimate decision making. The law enforcement, from the local level up to the federal level, are the teeth of the State. It’s not going to be Donald Trump, Bernie Sanders, or your local representative that enforces the laws; it’s the law enforcers. Because this monopoly exists, they do not play by the same rules as the other people.

"Look no further than George Floyd to see this play out. Three men, with one on his neck, slowly killed him as onlookers pleaded with the cops. They didn’t step in to physically stop the cop. They just pleaded.... So why didn’t the onlookers assist George Floyd and opt to record it instead?... They could be shot. They could face charges in assaulting a police officer ... and ending up also dead or in prison isn’t worth it. Once they see the uniform and the badge, they understand that the State agents are rewarded with a set of protection that simply isn’t offered to the rest of the citizens....

"The cultural issue that nobody wants to really discuss is how people look to the State and their law enforcers as Gods even if they claim to hate them. Just a week ago some of the same people that were marching were lecturing people about how the State must impose a lockdown on the entire country because they were scared of a virus. They had no problem snitching on their neighbors and this economic illiteracy put 40 million or so people out of work, stripping them of their livelihoods much like what happens when businesses are destroyed.

"Who enforced these lockdowns? The same cops that they’re calling bastards. Because the game is rigged, they were able to go-back on everything that they previously lectured us about.... This isn’t unlike the other contradictory positions they have. Many of them support big government welfare statists and advocate for 'free' things such as college and healthcare. All of this is funded by theft and coercion of property through taxation. In the event any individual does not want to pay for said welfare statism who is going to confiscate property forcefully? Local and/or federal law enforcers.... If you advocate for things such as welfare statism or further taxation to pay for the things, what you advocate implies usage of cops in some capacity....

"I’m all for community-based security and privatized, voluntary forms of protection. I do not want something that is only defunded in name or replaced with State law enforcement under a different moniker. But ultimately we are our own first responders. Gun ownership is something that I feel as now necessary more than ever and people, especially black people, are looking to get armed. This has been my recent focus in activism in getting my family and friends trained on how to use guns....

"We can discuss the racist history of gun control in America, but I’d rather focus on the now. These are truly enemies of people and a large part of why I’d never be caught marching alongside these types. Prior to a week ago they wanted me dead, disarmed, taxed to death or ruled over. They are enemies of liberty, and I see these types as merely a rival gang of the cops. Neither are my friends, and I’m not forced to choose a side. In fact, the latter is statistically more likely to kill me than the cops. But every man and woman has the right to defend themselves against all aggressors, including state agents."

Read more: https://loudwire.com/op-ed-eric-july-virtue-signaling-fundraising-solve-nothing/