Anarchist Thought in Early China

November 20th, 2014 No comments

We in the West see history through “Western” glasses. And this is natural enough I guess, because we have all been educated that way. But there is much to be learned by looking at the history of other civilisations. And there could be particular benefit in looking at historical thought in ancient China.

China is a rising power. No one disputes that. Right now, that power is primarily economic and while the US uses its military muscle to reach its objectives, the Chinese are following a different path.

There is also much confusion about China, with many people still believing it to be “Communist”. As someone who has lived in China and travelled there many times, I can assure you this is not the case. In fact, I would venture to say that the West is more “communist”, in the sense that socialism is a variant on communism.

No, China is definitely not communist, but a hybrid of one-party-state rule and capitalism on steroids. Sure, there is the crony capitalism as practiced by the Communist Party elite, but there is also a surge in individual enterprise, which is what drives China’s economic growth.

What I find even more interesting is some of the major contributions to philosophical thought that predate modern China’s experiment with communism.

Many westerners are familiar with Confucius, the philosopher-bureaucrat who had a massive impact on early China. In fact, in latter day China, where many people flounder around looking for some philosophical/idealogical guidance other than communism, Confucius is experience something of a “come back”.

But there is another much more interesting ancient Chinese philosopher - Lao Tzu. In fact, he could be the world’s first libertarian intellectual, something that Murray Rothbard, founder of modern libertarianism, clearly recognised in his article quoted below.

Now, if the Chinese were to “rediscover” Lao Tzu and “rehabilitate” his thought, just imagine what an impact that could have on this world.

The Ancient Chinese Libertarian Tradition

 

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Hitler is Everywhere

November 18th, 2014 No comments

This is an early Jon Stewart video (2005) that has not dated at all. It’s still very funny and pertinent.

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Can China Contain America?

November 18th, 2014 No comments

If you read the title of this post correctly, you may have thought, “Hang on a minute, shouldn’t it say ‘Can America Contain China?’, for that’s the real issue here.” And certainly that is the issue, if we are to believe what we are told – that China represents a threat to the world.

You see, when you dig deeper into US foreign policy, it’s not really the Middle East that the US sees as threatening it, but China. And that’s what Obama’s “Pivot to Asia” is all about.

But if we take off our “western-tinted sunglasses” for a moment, and ask the serious question – “Who is the real threat in this world?” – we may come to a different conclusion, as John V Walsh has done in his essay:

Can China Contain America?

Addendum: This is worth a read too…

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Bitcoin vs Alt Coins

November 17th, 2014 1 comment

I’m often asked my opinion of the various alt coins (of which there are around 500) and have also been pitched on the supposed virtues and expected value of such. But I have remained unmoved.

Why? The vast majority of these are simply clones of Bitcoin and do not offer any real significant advantages that would enable them to surpass Bitcoin’s momentum and the network effect. Yes, there are exceptions, where an alt coin is attempting to do something quite different, as is the case with Namecoin, MaidSafe’s upcoming Safecoin, and a few others.

There is even a case to be made that all these alt coins are in fact damaging to the Bitcoin ecosphere, by diluting the impact of cryptocurrency in general shifting focus off the main game. And once in a while I come across a well-reasoned argument that supports my own gut feeling – but written by someone with more knowledge and understanding than me.

The following essay – by Vinnie Lingham, co-founder of Gyft – is one such opinion that is well worth the read.

Bitcoin Rising

 

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Searching For The Back Story on World Events

November 16th, 2014 No comments

I don’t know about you, but I’m always skeptical about the way government actions are reported in the mainstream media. I’m quite sure we only get a sanitised version of events and are never told of the back-room deals and horse-trading that must go on behind the scenes.

In other words, for anyone seeking to make sense of geopolitical events, watching the nightly news on TV is a highly unsatisfying experience.

The world is awash in political drama and high stakes games – like negotiations with Iran, what’s happening in the Middle East, what’s really going on with Russia and Ukraine.

I’m quite sure we are peddled a particular ‘narrative’ that may have nothing to do with actual reality. So if you’d like a taste of what could be behind the headlines, have a read of this…

What Really Happened in Beijing: Putin, Obama, Xi – And The Back Story The Media Won’t Tell You

 

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Richard Branson And Bitcoin

November 14th, 2014 No comments

It’s been known for a while that Richard Branson is a supporter of Bitcoin, as well as being an investor in various Bitcoin enterprises, but here he clearly endorses Bitcoin and believes in its potential to transform financial services worldwide.

While there are thousands of smart minds behind the growth of the Bitcoin ecosystem, it doesn’t hurt to have someone as visible and respected as Branson remind us – and more importantly others – of Bitcoin’s transformative potential.

How Digital Currency Could Transform The World

 

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When Bank Deposits Are No Longer Money

November 13th, 2014 No comments

In case you haven’t noticed, major changes are coming to the way bank deposits are treated, in the case of bank failure. This has commonly come to be known as a “bank bail-in”, where a failing bank will seize deposits. And this process is about to get a big “boost”.

This “bail-in” strategy is to be formalised at the G20 meeting in Brisbane, Australia, on November 16. What’s on the table is a redefinition of deposits as part of a commercial bank’s capital structure, and therefore affecting the status of such deposits in the case of a bank failure.

All this is shorthand for daylight robbery, should your bank go under. It also means that money put in the bank will have a completely different status than the cash in your pocket.

If your bank goes under, but most of your money is in cash in a safety deposit box, then you will still have your cash. But if it’s on deposit, then you could lose part or all your money in such a scenario.

This is scary stuff, and I’m sure most people will not even be aware of it. So what to do? My advice would be to get familiar with Bitcoin and fast! Even better, to start buying it as a hedge against such eventualities.

Russell Napier, as reported over on Zero Hedge, is suggesting that such a move by the G20 group could have the effect of causing investors to seriously consider cash as superior to bank deposits, with all sorts of possible ramifications.

Russell Napier Declares November 14, 2014, The Day Money Dies

 

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End The Empire, End The Wars

November 11th, 2014 No comments

War, war and more war. This is the situation we are in. No matter who we elect, no matter how much we protest, the war machine keeps going.

The USA must have an enemy, in order to justify its enormous military budget and satisfy the military-industrial-complex lobby.

During the Cold War the enemy was the USSR. When that “war” was over, the US went out in search of new enemies, this time Islam itself. And ever since it has been waging war in the Middle East, under the pretence of fighting the “war on terror”, but actually in defence of Israel’s interests – which the US is ‘forced” to defend due to the formidable Zionist lobby.

But is this the whole or even an accurate picture? According to John V Walsh, the USA’s real “enemy” is China, and if it wasn’t for Israel’s insistence that the US fight its Middle East wars for them, the US would have turned its attention to China already. And why China? Because while China poses no military threat to the US, it does threaten to undermine and ultimately bring down the US Imperium.

It’s an interesting angle on current world events…

Israel: a Bulwark Against World War

 

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Was Bin Laden Really Killed By a SEAL Team?

November 10th, 2014 2 comments

The current media story about Robert O’Neill, and his claim that he shot Osama bin Laden three times “just for luck”, raises the issue of  inconvenient stories about bin Laden’s earlier demise – back at the end of 2001, due to renal failure.

Now, you may be very skeptical about this, and I wouldn’t blame you. But in my book governments regularly lie through their teeth to achieve various political and geopolitical ends, and it’s certainly not beyond them to fabricate an event in order to bolster up the official narrative – especially when absolutely no evidence was offered up to prove he was dead.

The “bin Laden” story was intimately tied up in the 9/11 attack, and a massive mythology was built around him – even though he personally stated he had nothing to do with 9/11.

Anyway, stories of his earlier death are not going away and Paul Craig Roberts lays it all out in his commentary below.

Another Fake Bin Laden Story

 

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The Day Israel Attacked America

November 6th, 2014 1 comment

This revealing and shocking documentary is a must watch.

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