Positive Money Podcast – Episode 2 – Professor Mary MellorMay 19, 2011 by Ben Curtis
0ShareOur latest Podcast is with Professor Mary Mellor. Mary is Emeritus Professor of Sociology at Northumbria University, and is the author of “The Future of Money, From Financial Crisis to Public Resource”, which you can buy from our bookshop.
Mary’s current research focuses on the financial crisis, money systems and financial exclusion. Her research interests include the social economy and alternative economics; co-operatives and other alternative economic structures; ecofeminist political economy, ecological political economy and feminist economics; ecologically sustainable and socially just ‘sufficiency’ economics.
You can find out more about the work Mary does and find links to her articles by clicking here.
0ShareUnderstanding Money & Debt
David Leigh • 8 years ago It has been interesting to read the various perspectives posted on this thread.
Perhaps the most significant aspect of the contents posted here acknowledge that it is the control of this stuff called credit or money that is at the core of our problems. After all, there really is very little difference between the physical resources of people, lands, buildings, equipment and machinery before and after this so called crisis. he only shortage is in the thing controlled by the illusion of fiat currency.
When we begin to examine what has enabled this it leads us back to times before the writing of the Old Testament. What we must now is to disenfranchise the centralised control that it seems is quite purposefully transferring both material and the living into the dominion of corporate controllers along with the stink tanks and seminars that if you look, are planning an even more dystopian reality in the very near future.
If what has transpired within the USA in terms of dispossessions and evictions of people from their homes and businesses now accelerates here (and it is!) then all this rhetoric and theorising will do NOTHING to prevent yet more victims suffering. Urgent action is demanded now.
It is our creative and industrial capacity that is being destroyed by this process. Only this week, I have been watching as so called consumer goods are dropping in value because of a lack of currency. The wealth of a nation comes from what it produces and the plain fact of our industries speaks volumes in this. What pray is being made here that benefits the people? Yet it is our promissory notes, our signatures that enabled the issuance of monies. But by this deception, many are left without any possibility of repaying, whilst even more perversely, the entire system is effectively bankrupt and thus turns its revenue collection against the us all. Thus it is and perhaps will be our own contracts with others that provide the source of a solution.
For more than two millennium, we have been subjected to the self same system. A system of so called civili that regards all but a few as chattels of the state and slaves to its controllers. Yet it is we that grow the food, manufacture or fabricate those things that improve the quality of life, the builders and tradesmen, the craftsmen and women.
I look forward to a time when our money, is once again issued by each of us, free of the control grid and free of these statutes and judgements from the priests and temples. The minster and halls, the corridors of power and the malignancy that resides in the mentality that we must all compete with one another to feed out children.
Banking if required at all should be nothing more than an accounting service provided for a reasonable fee just like your book keeper. What we have is something very different and its design quite specifically aimed at increasing the hegemony over economics and the flow of money.
We are told that this is the legal tender demanded from government in the settlement of its demands (most of which are entirely unlawful), Perhaps then what we will begin quite naturally to manifest, are systems of exchange that do not use the monopoly money that is the weapon being deployed (amongst others) upon us.
The government and controlling powers as Roger Lewis has stated merely use the human resource to raise borrowing in order to perpetuate an agenda. That agenda is now causing this global crisis and the impoverishment of many millions if not billions of people not only within these islands but throughout most of the world.
To suggest that precious metals do not continue to hold value flies in the face of the earning capacity of every scrap dealer around, the biggest of which are now government sponsored. Ultimately the times we are entering into and perhaps are already in, are one whereby those that pay the piper are calling the tune. Economic activity it seems locally to me at least is plodding along but the money being spent is sourced too much from central government. It has become something far more powerful in the ways it retains compliance. In Greece, two thirds of the population were dependent on government employment (direct or indirect) or on benefits. Thus if they were to rebel, the life blood as they perceive it is removed and they are disenfranchised, just as too many people are here when they fall foul of the banks and the agenda.
Now take a close look at the relationship between the finance sectors and banks with government, especially the likes of Satandern and the organisation that goes by the name of Matrix (check out Common Purpose). What you find is a regime in play. And based upon what, a system where the obligations towards banks have been conjured into existence as debt, but where those that created these instruments of slavery (for unpaid toil to satisfy a never ending ever deepening cycle of debt is exactly that) but who actually brought nothing to the table other than a piece of paper.
If we gave the power over to these banks by our signatures, should it not logically follow that we can remove the power from them in exactly the same way, especially since it is now proven that the system is in terminal failure (bailouts and quantitative easing). Government speaks of addressing the deficit, but in truth they are seeking to re-address it to you and I. And to do what exactly? what is being built in its name, what edifices will stand as its legacy to future generations? One only has to look at the citadel to see.
The demands being made upon people through these statutes and judgements that came into existence thousands of years ago are rising in the face of harsh times (austerity) that are part of the construct.
If money represents our time and energy along with the resources that we can work with, then it is perhaps time that we assert that these lands cannot belong to any one, that most people have an inbuilt desire to help people around them and are less driven by avarice and materialism, but most important of all, if our time is to be given, then it should be on the bass of improving things and not cow towing by continued compliance with a system that is so obviously either incompetent or malignant in its intentions.
If sustainability and the efficient use of the resources around us really does reside at the core of all this (which I doubt~) then a benign system of government would be enabling and encouraging positive evolution towards a future where people are not driven like livestock by fear.
Thus each of us still have the capacity (given sufficient education and knowledge as to what is being done) to make contract and each of us should now do so based upon ethical and moral principle rather than a system of statutes designed from the arch of control.
"I promise to pay" and a signature, but pay what? A pound is a unit of weight, the dollar derived fro the dole. Why pay for a thing that is for whatever reason (malign intent or incompetence) doing such a shoddy job.
Issuing debt free legal tender, the very opposite of the slavery system enshrined in usury, is the first step. Forget about the claims that the world will end if such things occur, it will not and its resources will be found to be more than abundant.
Well thats it for now folks, my time is increasingly short, you see I work more now with the natural world rather than the fictional and nature demands that I go and tend the gardens.
1 • Reply • Share ›
Click to set custom HTML