2 Stories of Money

A presentation given by Robin Upton. 2008-08-18

Available from http://www.altruists.org/downloads

Attribution – NonCommercial - ShareAlike

www.altruists.org

V1.2

A Brief History of Plutocracy

The Public Story of Money

= measure of productivity

= independent of

political/legal systems

= medium of exchange

= safe store of value

Private

un

tracting tribute

complicity with plutocracy

timately connected to

The modern money system is shrouded in misinformation.

The stories begin...

The Stories Begin...The Stories Begin...

Primeval Growing Population

The Tribe

Food

Violence

OrdersMoney

Labour

Isolated Hunter Gatherers

PrimevalPrimeval Growing Population Growing Population

. 10,000 B.C. Agriculture

Inter-tribe Conflicts, First Resource Shortages

The RestWarriors

10,000 B.C.10,000 B.C. Agriculture Agriculture

. 9999½ B.C. Rules & Rulers

Artisans

Agriculture => Settlements=> Many more objects

9,9999,999½½ B.C. B.C. Rules & Rulers Rules & Rulers

Local Currencies

Rulers

Effective Food Storage needs Rules

Local CurrenciesLocal Currencies

Forced Standardisation

Standardised artefacts embody ‘Community Good Will’

Larger communities ( >150 people )

Plutocracy can emerge as Rich are materially separated from Poor

Forced StandardisationForced Standardisation

. 1694 Bank Of England, Ltd.

Acceptability for Royal Taxes defines ‘Good money’

Royal Goldsmiths

1694 1694 Bank Of England, Ltd. Bank Of England, Ltd.

. War Management as Business

Legalisation of Fractional Reserve System

Private Credit Monopoly

“The borrower is slave to the

lender.”

Class of International

Central Bankers emerges...

The single most important step in the

formation of plutocracy, omitted from most standard histories.

≥≥C18C18th th War Management as BusinessWar Management as Business

C19th Rise of Corporations

warring governments must agree to repay

their enemies' loans...

So whoever 'won', managed wars

were lucrative for inter-national

financiers.

When borrowing moneyto raise armies,

International Financiers/Arms Dealers

Divide & Conquer...

C19C19thth Rise Of CorporationsRise Of Corporations

Mass Compulsion Schooling

1819: Corporate Charters 'Inviolable' (US)

1886: Doctrine of 'Legal Personhood’ (US)

1898-1904: 1,800 Corporations merged into 157 (US)

1855: Limitation of 'Legal Liability' (UK)

1844: Easy creation of 'Corporations' (UK)

Corporations start using citizens' rights against them...

http://www.celdf.org

C20C20th th Mass Compulsion SchoolingMass Compulsion Schooling

Abstraction

www.altruists.org/355

= Dumbing Down by Corporations & Governments

Loyalty to Money trumpeted over other value sets

“Economic Literacy”

CitizenshipHistory

‘Rationality = Self-Interest’

Commodity Money

Increasing AbstractionIncreasing Abstraction

Globalisation

Fiat Money

Precious Metal Coins

Locally Made Artefacts

Unique, Personal Gift / IOU

Digital Data01001

1971: US Abandons of The Gold Standard

Financial Vehicles

““Globalisation”Globalisation”Politicians rubber stamp a Supra-national Financial Monoculture

Invisible Hand =

Universal Self-Interest

Divide & Conquer

Plutocracy – 21st Century Style

MAI,NAFTA,WTO,GATT,IMF, FTAA . . .

www.anti-globalisation.com

Two Stories of Money

Politicians

Enforcers

Atomised Consumers

Corporation

s

c

Media-Academic-Terrorist-Military-Industrial-Complex

C21C21stst Institutionalised PlutocracyInstitutionalised Plutocracy

The Public Story of Money

= measure of productivity

= independent of

political/legal systems

= medium of exchange

= safe store of value

Private

un

tracting tribute

complicity with plutocracy

timately connected to

The modern money system is shrouded in misinformation.

As this falls away, people are realising the system’s injustice.

What to Do...?

What to do... ?

Don’t fight the beast...Just stop feeding it!

www.altruists.org/giveaway

Prepare for the coming collapse by avoiding use of money.