Friday, September 25, 2009

Fred Harrison – The man the mainstream economists fear

The Silver Bullet - Part II

Economists say there is no Silver Bullet - there is. The anti poverty movement have not yet understood the secret to killing poverty this film might help....

Posted by powerofnow @ 05:09 PM (1384 views)
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19 thoughts on “Fred Harrison – The man the mainstream economists fear

  • Everyone needs to hear these simple truths.

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  • What a great little film! Spread the word, we need this in Britain as well!

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  • I’d prefer a campaign to make wealth history. The excessive rapaciously acquired kind.

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  • mark wadsworth says:

    I must say, apart from the economics bit, which is spot on as ever, that is beautifully filmed and lit and edited and so on. Top stuff.

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  • someone just sent me this… http://theendofpoverty.com/index.html
    trailer also on apple website: http://www.apple.com/trailers/independent/theendofpoverty

    Seems like they are hitting on the same solutions which recognise the importance of land.

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  • @shipbuilder

    I think everyone instinctively understands ‘these simple truths’, but is either powerless or unwilling to act.

    This is why I can countenance the possibility of a crash; as a chance to build a fairer society from the ground up.

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  • “South Africa could lead the way”. No it couldn’t. Mbeke and Mandela copped out – or at least recognised that western bank could f*** South Africa if they didn’t play ball.

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  • “western banks could f*** South Africa if they didn’t play ball”

    That’s the point Harrison was making, surely?

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  • 6. devo said…
    @shipbuilder

    “I think everyone instinctively understands ‘these simple truths’, but is either powerless or unwilling to act.”

    Indeed they do. Unfortunately the idea of joining the ‘elite’, receivers of privatised rents, is the goal that many in our society buy into, vote for, dream of. As we all see on here, the crash will in all likelihood just present another ‘opportunity’.

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  • @shipbuilder ‘the crash will in all likelihood just present another ‘opportunity’.

    No, I really think this is The Big One.

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  • Brilliant video, professionally filmed and everything. Was this ever shown on tv in the UK?

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  • @8 – but he finished with the words I quoted @7.

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  • 12. icarus said… @8 – but he finished with the words I quoted @7.

    Harrison is looking to the future. He concludes, “We can make poverty history and South Africa could lead the way.”

    Implicit in this is that the western banks need to fail first; which they have.

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  • Excellent stuff, and a glimmer of hope for ending poverty! Wonderful.

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  • @ devo – I’m with you and FH in all this, but I was pointing out that the post-apartheid governments have realised that they have to balance the standard-of-living demands of their supporters with the threat that the west can short SA’s stocks, bonds and currency if the government doesn’t behave in the way that the IMF demands when it makes loans to financially ailing countries. In TV interviews Mbeke used to measure his words very carefully so as to avoid sending anti-business messages to the markets. Some major turnaround has to happen for SA to play that kind of liberating role, since in many respects poverty is at least as bad as it was under apartheid.

    Western banks have failed? Governments are not allowing the system to fail and GS, JPMS and a few others are bigger than ever. I’m wondering why California hasn’t tried to by-pass the banks and institute its own state bank (as far as I can see this has been suggested and ignored).

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  • Incoherent nonsense dressed up as sophisticated comment. Mainstream economics applies rules of logic to discussion. You have to make sense to be allowed to contribute a comment and to be listened to. No doubt the issue being talked about is important, but the analysis is cheap.

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  • @ icarus

    I have no doubt that the blackmail, threats and corruption you describe in the first paragraph are happening, but we are now seeing the required “major turnaround”.

    Yes, the western banks have failed.

    We are now seeing the tediously protracted death rattle of the global financial system.

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  • @devo – you repeat that western banks have failed without saying what you mean by that. I simply stated originally that SA doesn’t seem the place from which FH’s liberation from poverty will start. It has to come from the collapse of banking imperialism, which may or may not happen – but I wouldn’t agree that it’s already happened.

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  • 16. icarus said… @devo – you repeat that western banks have failed without saying what you mean by that.

    The banking system effectively failed in 2007. This is when the trust, which is the bedrock of finance, was lost.

    What we have now is a kind of feeble, nervous, ‘pseudo-trust’ that the governments will keep printing. When they stop:

    Game Over.

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