Private Economy with Public Magnificence
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Posted 27 February 2018 - 07:06 PM
Gold, Religion and the Development of a Capitalist Economy
Liberal democracy is a form of government in which representative democracy operates under the principles of liberalism, i.e. protecting the rights of the individual, which are generally enshrined in law. It is characterised by fair, free, and competitive elections between multiple distinct political parties, a separation of powers into different branches of government, the rule of law in everyday life as part of an open society, and the equal protection of human rights, civil rights, civil liberties, and political freedoms for all persons. To define the system in practice, liberal democracies often draw upon a constitution, either formally written or uncodified, to delineate the powers of government and enshrine the social contract. After a period of sustained expansion throughout the 20th century, liberal democracy became the predominant political system in the world. A liberal democracy may take various constitutional forms: it may be a constitutional republic, such as France, Germany, India, Ireland, Italy, or the United States, or a constitutional monarchy, such as Japan, Spain, the Netherlands, Canada, or the United Kingdom. It may have a presidential system (Argentina, Brazil, Mexico, the United States), a semi-presidential system (France), or a parliamentary system (Australia, Canada, India, Pakistan, Italy, New Zealand, Poland, the Netherlands and the United Kingdom).
Gold resists attacks by individual acids, but it can be dissolved by aqua regia (nitro-hydrochloric acid), so named because it dissolves gold. Gold also dissolves in alkaline solutions of cyanide, which have been used in mining. It dissolves in mercury, forming amalgam alloys; it is insoluble in nitric acid, which dissolves silver and base metals, a property that has long been used to confirm the presence of gold in items, giving rise to the term acid test. This metal has been a valuable and highly sought-after precious metal for coinage, jewelry, and other arts since long before the beginning of recorded history. In the past, the Gold standard has been implemented as a monetary policy, but it was widely supplanted by fiat currency starting in the 1930s. The last gold certificate and gold coin currencies were issued in the U.S. in 1932. In Europe, most countries left the gold standard with the start of World War I in 1914 and, with huge war debts, did not return to gold as a medium of exchange. The value of gold is rooted in its medium rarity, easily handling, easy smelting, non-corrosiveness, distinct color and non-reactiveness to other elements; qualities most other metals lack.
The economic history of the United Kingdom deals with the economic history of Britain after 1700. Britain led the industrial revolution and dominated the European and world economy during the 19th century. It was the major innovator in machinery such as steam engines (for pumps, factories, railway locomotives and steamships), textile equipment, and tool-making. It invented the railway system and built much of the equipment used by other nations. As well it was a leader in international and domestic banking, entrepreneurship, and trade. It built a global British Empire. After 1840 it abandoned mercantilism and practised "free trade," with no tariffs or quotas or restrictions. The powerful Royal Navy protected its global holdings, while its legal system provided a system for resolving disputes inexpensively. Between 1870 and 2000, economic output per head of population in Britain rose by 500 per cent, generating a significant rise in living standards. However, from the late 19th century onwards Britain experienced a relative economic decline as other nations such as the United States and Germany caught up. In 1870, Britain's output per head was the second highest in the world after Australia. By 1914, it was fourth highest. In 1950, British output per head was still 30 per cent ahead of the six founder members of the EEC, but within 50 years it had been overtaken by many European and several Asian countries.
status - John Q
Posted 09 March 2018 - 12:39 PM
The central bankers couldn't stand the idea of spreading the wealth to more individuals. The American Experiment throws a giant wrench into that machine. Consolidation of everything has always been their goal. Including how people act and consume within the economy. Centuries old in the making...
A Brief (and unofficial) History of Banking and Other World EventsThe history of banking is closely related to the history of money. This history of banks and bankers can be a lot of fun, unless you end up on the debt or dead side of the equation.Everyone LiesThe one thing that you should know when doing research on banking, money and government involvement in the economy is that just as in politics and love everybody lies. The older the information is that you try to research the harder it is to ferret out the lies. All you can do is try to get information from all sides and then decide for yourself. The truth sometimes is found in between the lies sometimes on one side or the other. Now of course the quality of some information is better than others. However it should be noted that government officials are practiced liars, a Ph.D. will make a terribly convincing case even when they are wrong and the corporations of today have embraced spin with as much zeal as they did the new age management tools of the last decade.Banking on the world stageThe history of banking also looks different when divorced from the events occurring at that time. That is why in so many cases that is how it is taught. If it doesn't put you to sleep then it also doesn't look all that bad when you don't know about the recessions, wars, coups and other goings on that very same year. So in this history of banking you will find the facts about banking and finance and nothing but the facts but also just a click away you can find some more history about what was happening in other parts of society that very same year.
Then we'll just have to simplify it to its basic framework. Yes, everyone lies. So what? Let's look at this from a different angle:
Private economy? What does that mean exactly? I think it means financial privacy for the individual. If you shepard back and look for facts on this aspect you'll find and increasing constriction of our privacy rights.
If an entity can keep track of what you buy with electronic means a profile of your habits & proclivities can invade all forms of your privacy.
Be aware of the records kept on all people. These include all kinds of government and business records:
- All forms of licenses and registrations.
- Social security, welfare, tax returns, compensations, and military benefits.
- School records, medical histories, court, police, and censor records.
- Birth, marriage, and death certificates.
- Deeds and passports.
These types of entities all keep records and more on every citizen:
- Insurance companies, credit bureaus, employment agencies, banks, brokerage houses and other financial institutions.
- Doctors (including psychiatrists), churches, genealogical bureaus, clubs and other organizations of that type.
- Car dealers, mortgage companies, mail-order forms, and all places that you do business either electronically or by check.
All experts agree the best way to keep track of everyone would be to use an electronic funds transfer system. The technology allows a government to reconstruct an exact profile of the way you live as an individual.
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