Economic Democracy: A Grand Strategy for World Peace and Prosperity 2nd Edition Pbk

the Evolution From Plunder By Raids To Plunder By Trade Began 800 To 1,000 Years Ago In The Free Cities Of Europe. As Those Cities Evolved Into Nations And Those Nations Into Empires, Plunder By Trade Was Plunder By Both Raids And Trade Was Practiced. Plunder By Trade Has Been The Dominant Feature Of World Trade Since Wwii. But The Developing World Is Now Aware And That Structure Of World Trade May Soon Be History. In A Properly Established Banking System, Through Adjustments In Required Reserves Rather Than Changing Interest Rates, There Need Be No Inflations Or Deflations. Created Debt-free Money Can Build Most Infrastructure, Increasing Required Reserves In Step With That Money Creation Maintains A Stable Money Supply. A Proper Banking Structure Can Stop An Economic Collapse In Its Tracks. It Can Also Rapidly Industrialize Undeveloped Regions Of The World. That Proper Banking Structure, Along With Eliminating All Other Monopolies Can Reduce The Workweek To 2 To 3 Days Per Week With No Loss Of Food, Fiber, Or Shelter. World Poverty Can Be Eliminated In 10 Years And A Quality Life For All Can Be Attained In 50 Years. Foreword......Page 12 Introduction......Page 15 Plunder by Trade......Page 24 Lower Pay for Equally-Productive Labor is Part of “The Monopolization, Wealth Extraction, Process......Page 25 Extracting Wealth through Unequal Currency Values......Page 27 Periphery of Empire Finances the Imperial Centers......Page 28 Former Colonies do not have Economic Freedom......Page 29 2. The History of Plunder by Trade......Page 31 Today’s Plunder by Trade Originated Centuries Ago......Page 32 From Imperial Cities to Nascent Imperial Nations......Page 34 The Advantage of Cheap Transportation......Page 36 Creating Empires through Control of Trade......Page 37 3. In Both Internal Trade and World Trade, the Unwitting Hand Their Wealth to the Cunning......Page 41 America’s Freedom is based on Economic Freedom......Page 45 America Takes Over the Protection of Allied Empires......Page 48 Protection for the Imperial Centers, Free Trade for the Periphery of Empire......Page 51 4. The Historical Struggle for Dominance in World Trade......Page 55 Unequal Trades Enriching Britain and Impoverishing India......Page 57 Earlier Unequal Trades with China......Page 59 5. World Wars: Deciding Who Controls World Trade......Page 61 Germany and World War II......Page 64 Japan's Greater East Asia Co-Prosperity Sphere and World War II......Page 65 America Protecting the Imperial Centers......Page 66 The CIA’s Mighty Wurlitzer Inoculated the World against Philosophies of Full and Equal Economic Rights......Page 69 Controlling Nations on the Periphery of Empire......Page 76 NSC-68, the Master Plan for the Cold War......Page 77 Corporate Funded Think Tanks Building Upon the Beliefs Created by the CIA......Page 82 McCarthyism Suppressing Honest Thought......Page 84 Corporate News Media Protecting Corporate Interests......Page 86 Destabilizing Internal Political Groups......Page 87 Writing History to Protect Wealth and Power......Page 94 Professors and Intellectuals are Conscientious and Sincere......Page 97 Providing a Beacon for Intellectuals Throughout the World......Page 99 Damage Control......Page 101 7. The World Breaking Free Frightened the Security Councils of Every Imperial Nation......Page 109 A Crisis of Overproduction had to be Averted......Page 111 Fabricating Incidents to Start Wars......Page 112 The Korean War, a Strategy of Tension to Attain Backing and Financing for the Cold War......Page 113 Peace in Korea Could Not be Permitted......Page 117 Containing the Soviet Federation......Page 118 World War It’s Huge Costs for the Soviet Federation......Page 121 Fictional Missile Gaps were Strategies of Tension......Page 123 The Massive Resources of the Soviet Federation and the More Massive and Cheaper Resources of the West......Page 124 Containing the Soviet Federation through forcing it to Waste its Industrial Production......Page 125 Destabilizing Eastern Europe and the Soviet Union......Page 127 Now it was Yugoslavia’s Turn to be Destabilized......Page 128 Then it was Kosovo’s Turn......Page 129 Making a Deal with the Corrupt of Russia......Page 143 The First Destabilization of Afghanistan was Aimed at the Soviet Federation......Page 147 The Decision to Restructure to a Market Economy was made by Soviet Intellectuals......Page 152 Could the Soviet Union have Avoided the Cold War?......Page 155 Imperial, Representative, Participatory and Direct Democracies......Page 158 The Essence of the Cold War: Perception Management (Propaganda) Encasing Society within a Belief System......Page 160 Conceptually Reversing the Process......Page 161 Keeping the World in Chains......Page 162 America as an Empire Predates the Cold War......Page 167 Iran Breaks Free......Page 168 Containing Iraq......Page 169 Economic Freedom for Indonesia was a Big Threat......Page 170 Vietnam Gained Political, but not Economic, Freedom......Page 171 Guatemala Broke Free Briefly......Page 172 Chile Broke Free Very Briefly......Page 173 Nicaragua Never Attained Economic Freedom......Page 175 Southern Africa’s Frontline States......Page 176 Cuba: Under President Barack Obama, They May Gain Their Freedom......Page 177 Orchestration of Death Squads and Writing History......Page 180 Future Leaders of Nations Picked and Trained......Page 182 Erasing the Records Also Writes History......Page 183 The Battle for Trade Supremacy Continues......Page 185 The Inquisitions of the Middle Ages......Page 193 The Inquisitorial Suppression of the Templars......Page 195 Winding Down the Inquisitions of the Middle Ages......Page 196 The Inquisitorial Suppression of the Illuminati......Page 197 Czarist Secret Police Demonize the Jews......Page 198 The World Starts Breaking Free From Imperial Centers......Page 199 Capital Destroying Capital Within World Trade......Page 205 10. The Enforcers of Unequal Trade......Page 207 The Greatest Peacetime Transfer of Wealth in History......Page 209 The Purpose of IMF-World Bank Loans to the Periphery of Empire......Page 211 Friedrich List Supports for the Developed World, Adam Smith Structural Adjustments for the Emerging world......Page 214 The Privatization of the Commons of other Societies......Page 215 11. Corporate Imperialism......Page 217 Thinking in terms of Units of Production......Page 224 12. Impoverishing Labor and Eventually Capital......Page 227 Power Relationships are Shifting Fast......Page 231 Capitalizing the Values of Corporate Welfare......Page 232 13. Unequal Trades in Agriculture......Page 235 Hunger is Partially Determined by Who Controls the Land......Page 236 The Market Economy Guides the World's Production to Imperial-Centers-of-Capital......Page 237 Beef: “A Protein Factory in Reverse”......Page 238 Conceptually Reversing the Process of Free Food......Page 241 Global Economies and Local Economies Within the Community Social-Credit Process......Page 242 Controlling Puppets of the Imperial Centers......Page 245 The World’s Poor Have Been Subsidizing the Rich......Page 246 Peonage Has Only Changed Its Name......Page 248 Canceling Unjustly Incurred Debts......Page 249 15. The Economic Multiplier, Horizontal and Vertical Expansion of Wealth......Page 251 Friedrich List's Fundamental Thesis......Page 252 Gaining Wealth through the Vertical Building of Industrial Capital and the Horizontal Flow of Money......Page 253 Capitalizing Unearned Values through Creation of Scarcity......Page 254 Invisible Economic Borders Channeling Wealth to the Imperial Centers......Page 255 16. Japan's Post-World War II Defensive, Mercantilist, Economic Warfare Plan......Page 257 The American-Japanese-China-Oil Exporting Nations Debt-Equity Embrace......Page 259 Much Japanese Industry has been Forced Offshore......Page 260 It is far from Free Trade Wherever One Looks......Page 261 17. Asian Development, an Accident of History......Page 263 Will Developing Nations Oppose, or Ally With, the Imperial Centers?......Page 264 18. Capital Destroying Capital Within World Trade......Page 267 Expanding Buying Power in Step with Increased Industrial Capacity......Page 269 Competitive Sharing will Lower Prices, Raise Living Standards, and Eliminate Capitalized Values on Earned Wealth......Page 270 19. China: Possibly A New Hope for the World......Page 273 Emerging World Regional Trading Blocs Attaining Equal Negotiating Power......Page 274 The Ease With Which it can be Halted......Page 278 Introduction, Part III, Utopian Living Through Restructuring Property Rights Law......Page 279 Monopoly Capitalism’s Extractive Property Rights Versus Property Rights Providing Full and Equal Economic Rights......Page 281 The Community Social-Credit Process......Page 292 From Barter to Commodity Money......Page 297 From Gold, to Gold-Backed Paper Money, to Fiat Paper Money......Page 298 Paper Money, to Checkbook Money, to Electronic Money......Page 299 The Different Meanings of Money......Page 300 Money Productively Contracting Labor......Page 301 Money Unproductively Contracting Labor......Page 302 Learning the Secret of Bank-Created Money......Page 303 Establishing the Federal Reserve: Base Money Circulating becomes the Money Supply......Page 305 Further Testing the Assertions that, Under Modern Fractional Reserve Banking, Private Banks Create Money......Page 309 The Fed’s Open Market Operations hide the Simplicity of Money Creation......Page 312 Efficient Social-Credits Require Banking Profits and Created Monies be Paid into the Social-Credit Fund......Page 315 The Theory of Interest as Usury......Page 321 Reclaiming Your Share of Wealth Produced by Nature......Page 325 The Feudal Origins of Land Titles......Page 327 Private Ownership of Social Wealth Moves to America......Page 329 Saleable Land Titles Permitted the Mobilization of Capital......Page 332 Profound Thinkers Who Believed in Society Collecting Resource Rent......Page 333 Commercial Land......Page 334 Home Sites......Page 335 Society Paying Resource Rents to Themselves and Taxes Disappearing is Key to the Community Social-credit Process......Page 337 22. A Modern Technology Commons Lowers Consumer Prices Fifty Percent or More......Page 341 Capital Destroying Capital Within Internal Economies......Page 343 Labor Should Employ Capital......Page 344 Efficient Socially-Owned Capital......Page 346 Efficient Privately-Owned Capital......Page 348 Fictitious Capital......Page 349 Invention, a Social Process......Page 350 Capitalizing Actual and Fictitious Values......Page 352 The Ever-Increasing Efficiencies of Technology......Page 354 The Stock Markets are Primarily Extracting Wealth......Page 360 Market Bubbles and Crashes......Page 362 Options, Futures, Derivatives, and Hedge Funds are Extractors of Wealth......Page 364 Equal and Efficient Patent Laws Within the Community Social-Credit Process......Page 366 23. The Productive Roles, and Extractive Roles, of Secondary Monopolies......Page 371 24. A Modern Information Commons, Education at 5-to-15% the Costs of Brick and Mortar Schools......Page 383 Communications Superhighways Eliminating Monopolization......Page 386 Communication Superhighways Eliminates Intermediaries and Reduces Trading Costs......Page 387 Big-ticket, Infrequently-Purchased Items......Page 388 Reserving TV Time for New Products......Page 391 Investment and Job Opportunities......Page 392 Education......Page 394 Parents Interacting Closely with Their Children’s Education......Page 398 Maintaining Curiosity, Creativity, and Love of Learning......Page 399 Culture and Recreational Learning......Page 400 Local Television......Page 401 A Socially-Owned Banking System within the Community Process Paying for Communication Superhighways......Page 402 25. The Mighty Economic Engine of Full and Equal Economic Rights......Page 405 26. Summary......Page 409 27. President Barack Obama’s Economic Transition Team’s Stabilization Policies......Page 433 28. Conclusion: An Open Message to President Barack Obama’s Economic Recovery Team......Page 435 Appendix I: Myths in Monetary Theory......Page 454 Appendix II: A Practical Approach for Developing Nations & Regions......Page 457 About the Author......Page 483