- Published on Wednesday, 20 November 2013 10:18
The reference to "behind the curtain" comes from the Wizard of Oz which has been variously described as a political allegory and a parable of populism. This excellent article details the evidence of elite stateless power which exercises control through empire.
Their power is derived from control of land, money and labour and has evolved and grown over centuries, starting with the enclosure of land for exclusive private use which had previously been available to everyone. The formalisation of the corrosive, despotic banking and monetary system with the establishment of the privately owned Bank of England in 1694 and driving the dispossessed into factories during the Industrial Revolution, cemented elite control over every aspect of human existence. In this monetised, bureaucratic and electronically controlled world there is no escape from their terrifying maw, resulting in human misery and environmental destruction. We need to understand the source of their power because then we can take it away.
Hat tip to Arvind for the image
We need to think differently and develop a New Economy based on strands of economic thought dating back centuries.
"Somewhere in our history we took a wrong turn and today we are reaping the consequences. If we don't step back to evaluate the root causes of the rolling economic crises, our civilisation is in danger of collapse."
Peter Joseph, founder of the Zeitgeist Movement explains, in an interview with Abby Martin, that we'd need 27 worlds by 2050 to sustain the current rate of economic growth.
Hat tip to Alex for this
Joseph talks of our economic system as being the economics of scarcity and explains how we could transform the world by recognising that in a world of finite resources, we can do more with less but we need a system which incentivises co-operation rather than the sick, doomed competitive economics of today.