Archive for the ‘economic development’ Category

Syria’s Chemical Attack, and Fake News

April 11, 2017

Every time the drums of war are pounded, young American men and women serving in the U.S. armed forces are marched off to risk life, limb and mind, not for the security of the U.S., but for a multinational corporation to secure a new market and more profits.

 

Now that news of a chemical weapons attack has splattered across the U.S. media, the fake news [1] war is on. Western media is pushing, hard, the story that Assad’s Syrian air force dropped chemical-weapon bombs. The Assad regime and Russia are pushing the story that Syrian air force bombs accidentally detonated a Syrian rebel group’s chemical-weapon stockpile.

And now, CNN is reporting that witnesses “saw chemical bombs dropped from the air.” And these civilian witnesses would know what a chemical bomb looks like, studying it carefully as it hurtled towards them, rather than fleeing for their lives, how?

The truth is not known, but will it be known?

 

Deja vu…

 

…all over again.

 

And the Syrian civil war has been overflowing with fake news from the start, when Syria was targeted for the “democratization” process.

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Decentralizing economies.

December 3, 2014

Over Thanksgiving break, a vandal scrawled the following graffiti across an exterior wall at Indiana University’s Kelley School of Business:

“Fuck Capitalism.”

It may be a convenience for a graffiti artist to use “capitalism” as a monolithic term – just as “socialism,” “communism” or “anarchism” are treated in the same fashion – but it is indeed small minded to maintain this monolithic treatment within serious discussions. There is – surprise – more than one type of capitalism, and the time to discuss the alternatives has arrived, now.

The attempt to erase the "Fuck Capitalism" sentiment, added to the Kelley School of Business in November 2014, was in vain.

The attempt to erase the “Fuck Capitalism” sentiment, added to the Kelley School of Business in November 2014, was in vain.

The arguments against (centralized) capitalism are numerous, and the examples of the dysfunctional nature of centralized capitalism – as it has emerged over the past couple of centuries – are readily found. But I remain supportive of (decentralized) capitalism because I believe there is something intrinsic in the nature of humanity that desires recognition for one’s efforts.

Sadly, this “recognition” has been translated by centralized capitalism to mean one’s salary, but that is a very empty translation. We can live in trendy neighborhoods, drive expensive vehicles and join the exclusive clubs but at the end of our lives, on our deathbeds, we realize we were just another anonymous gnat on the ass of the universe. The world, at large, does not know us, appreciate us, or can even comprehend what in the hell we actually accomplished while manipulating spreadsheets on our computer monitors. Centralized capitalism – with the exception of the very few – renders us anonymous, insignificant, and isolated.

Decentralized capitalism holds the potential to render us valuable, as being significant, as holding meaning… within a local community, within a local economy. I may be nothing more than the village butcher, baker or candlestick maker, but I provide an invaluable service to the local residents of my neighborhood or village. I am recognized for my work, and the value I bring to a community. Such recognition, value and sense of dignity cannot be bought with a paycheck. (more…)

The Destruction from Local Tax Abatements

December 19, 2012

A great new post over at Bacon’s Rebellion looking at the problem of tax abatements and tax incentives for the purposes of local economic development. Randy Salzman wraps the issue of tax abatements around the required rise in property values required to cover the losses realized in tax abatements. This, in turn, directly affects the funding of school systems, roads and highways, parks and recreation facilities, etc., etc.

The Catch 22 of Growth | Bacon’s Rebellion.


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