Finance capital

 Marx once wrote that men carry the past like an enormous burden on their shoulders when shaping their future.

That may not be the case where political hegemony is attached to NECESSITY, NOT ACCUMULATION and it is my  querolous contention that the latter situation partly prevails in Western Europe.

The collapse of the Credit Suisse bank and its falling into the hands of an exile Free State parasite and get-rich-quick types in the wretched,bled-dry country of Switzerland prefigures a wider contagion in the world economy and serial financial collapses.

There will soon be many financial bankruptcies. A lot of  poor countries will pay the price of Western financial profligacy and political sanctions against the Russians. Those countries will experience further basic nutritional inadequacy and suffer from the predations of international blood-suckers in London and Paris.

We repeat after the Old Mole,Karl Marx,that capital is a hollow syncretism of dead labour power and living Money....

.... it's late a night,I hope I've regurgitated Marx properly for contemporary purposes...

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Let Western governments as interim financial measures strictly regulate banks, money-making concerns and financial  undertakings.Fiscal governance requires, strong measures to contain idiots with "ideas above their stations".

Workers can teach bankers and wreckers something: there are no money-trees in the sky for Jack- in- the -Beanstalk -types.

Did not old Marx joke that a silver sixpence invested in biblical times at compound interest rates would be worth the weight of the earth in silver (Capital, Volume One)?

Many apologia have been advanced by thickwits for capitalism. They repeat the magic words, recession,recovery, financial crisis and so on and that there are no socialist answers. I fear that we are slipping into a recession on a scale not seen since the 1930's and a CRISIS CAUSED BY AND OF SYNCRETIC VALUES.

Approaching it that way helps to overcome a US phenomenon related directly to this financial "blow-out". That phenomenon is INDUSTRIAL DECLINE and UNREALISTIC EXPECTATIONS.

We say to airheads such as national chauvinists in RTE broadcasting,"Dump Irish nationalist jive-talk and GET REAL...."

I appeal to the Irish Government,nationalise all foreign enterprises and expel the US, Asian and Indian ambassadors. Since 1983,our only real friends have been the Russians and the Irish -Americans.

Back to Basics!

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28.3.2023

In the South,an old Fine Gael boll.... In the Department of Finance called Eoin O Driscoll was responsible for most of the restrictions on money supply in the 1970's and 1980's,a subject he had never studied and had no knowledge of. Through his contacts with Garda thugs from Roscommon and Leitrim, he exercised complete control of free speech and had all of the opponents of his minions in the Central Bank arrested and imprisoned. His and Haughey's favoured methods were removal of public funding from civil society groups and medical measures against journalists and media correspondents. He held the Free State in a grip of terror because of his and armed gangs' such as the Provos' pre-eminence. One fed off the other.

Provos?Civil servants apart from those with democratic leanings?

Armed hooligans and licensed thugs!

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6.9.2023

It is generally acknowledged that the English were the economists sourced by Marx, namely ,Say,Bray, Ricardo and Malthus for the theory of capital accumulation,surplus value and money.

One thing must be pointed out, however.

That is that ,in my opinion, Marx's theory of money as Universal Equivalent is derived from the parliamentary abolition of truck ('tokenism') or non-money payment for labour paid by an employer. It still exists as a money value and a financial measure.