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Re: European Union
BBC and GBH (US PBS) representing the best of
democratic capitalism in action (as not-for profit
competitive media giants) have produced "People's
Century". The fourth program aired in LA last night;
I just saw it for the second time (on tape). The
episode is called "Bread Line : 1929".
The gist of program is that the nations which rearmed
last (1936-37) were also the last to recover from the
depression between the wars. Germany was the heavy-
weight leader of its fascist alliance, although Russia, too,
put people to work (or to death) in its early bid for
power.
Roosevelt explicitly called for executive power to
end unemployment similar to those he would have to
repel an invasion.
The scene now (after the program is over) switches
first to Russia where menace looms as a result of
economic failure -- and then to the euro where some
of us see continental planning that is not fascist or
communist.
(Incidentally, in the episode above, Sweden is
portrayed as the only competent nation on earth.
I hope Per and friends will help develop the issues
on which a PKT slant on the EU may be needed.)
German law on corporate and labor union powers
and relationships is a hopeful item. It may bleed
over to nations on all continents to create some of
the labor standards the Europa site isn't promising.
To recap some of the issues that have appeared in
several messages:
- Employment -- high or really full?
- Wages -- a reflection of (a) automation and
a huge output of necessities that define a
minimum standard of living favorable to
ordinary people, or of (b) exploitation by
capital preaching austerity for all but the
unscrupulous greedy?
- Union effectiveness and influence on
corporate boards of directors?
- Equalizing real wages north and south.
- Avoiding unmanageable bubbles (especially
those that burst) in real estate and stocks?
- Consumer demand suppression (to
encourage public spending instead), OR
consumer demand development by
imposing a negative interest on savings?
- A set of eurocratic institutions stealing for
insiders all they can, or of democratic ones
where modest lifestyles are untaxed and
immodest ones are forced into philanthropy
by very heavy opulence taxes?
- Some kind of competitive game between
the $, Y, and E -- what is its purpose,
how is it played?
- Taxes, taxes, taxes?
Please refine, reword, rework, etc.
John Gelles
jjgelles@xxxxxxxx http://www.rain.org/~jjgelles/
Modern nations cannot afford poverty, it costs too much.
Its price is the money the poor don't spend that the rest
would earn if they did. If those with the least spent what
it takes for a decent life, the rest would all have more for
a grander one. That is the nature of production and free
enterprise protected from monopoly by law, and from
deflation and inflation by individual indexed savings held
in tax free accounts to create a controlled flow of money.
- Thread context:
- Re:European Union, (continued)
- Re:European Union,
A. S. Fatemi Tue 02 Jun 1998, 17:26 GMT
- Re: European Union,
Andrew Wayne Austin Tue 02 Jun 1998, 17:28 GMT
- Re: European Union,
James Devine Tue 02 Jun 1998, 18:07 GMT
- Re: European Union,
Hyman Blumenstock Tue 02 Jun 1998, 20:18 GMT
- Re: European Union,
John Gelles Tue 02 Jun 1998, 23:31 GMT
- Re: European Union,
Andrew Wayne Austin Tue 02 Jun 1998, 23:35 GMT
- Re: European Union,
Dennis R Redmond Tue 02 Jun 1998, 23:38 GMT
- Re: Seminar Introduction,
Hyman Blumenstock Mon 01 Jun 1998, 07:35 GMT
- Re: Gelles/ EMU/Popularism,
Bernard Girard Tue 12 May 1998, 03:10 GMT
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