The error of Malthus and Adam Smith

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Against Adam Smith

Adam Smith's “The Wealth of Nations represented a clear shift in economics, similar to Newton's Principia Mathematica or Darwin’s Origin of Species”.

 

Smith spoke of "enlightened self-interest" –

it was a politicization of economics –

he defined the nation (or before 1913, the small state/group) as an economic entity, putting responsibility for monetary activities on irresponsible (in inflation context) central banks;

 

before this point, big international private banks (like the Medici bankers) at least cared about reputation (maintained zero inflation).

 

There are problems with both systems, however, like usury and stifling growth (e.g. see Gesell's NEO).

 

Central banks pretended to solve the problem of stifled growth by printing new money.

However, that is like a strange type of Robin Hood, who loots all and gives not necessarily to the poor, and often gives to undeserving rich parties;

central bank, by arbitrary printing money in the name of patriotism, gave birth to militaristic nationalism;

 

its printing without caring for logical distribution of money, renders the idea of "free markets in capitalism", mythical, leading to struggling tiny players versus "too big to fail" corporate herds whose debts are excused.

 

Nationalist economics ultimately leads to a worst situation comparable to the ancient tribute economy; e.g.: America to Japan, "We'll nuke you unless you buy our state bonds".

 

Or a puppet politician can be planted, who'll buy such state bonds.

 

The state bond says, 'The Japanese paid 1 billion yen for 1 bond, America will buy back the bond later'

(... It won't!)

That day never comes, see?

If it threatens to come, it is time for war!

Thus the Japanese, despite being the most productive, must live in jail-cell-like homes in Tokyo, work 16 hour days, and see their Japan get tentacle-raped by the grim Neo-NT elites.

 

Several improvisations are gained out of this hazardously absurd situation. E.g.: as Webster Tarpley said, announce “gulf war”, raise dollar prices of oil, thereby suck back the dollars that foreign states had taken in return for selling their products.

 

Having thus gained the king of all cheats, one can become a pious conservative controlling the world’s big capital like banks.

 

Having thus gained a steady income of capital without any effort, elites will turn to political domination.

 

Once Japan’s logicians are broken, they’ll use the “Govt. of Japan” to supply the US base in Korea. The “Govt. of Japan” will lease some 1 acre of land in Washington for another 1 trillion, thus granting the sophists relief from debt.

 

And thus America, where syllogicians dominate policy and argue for forever raising the debt ceiling, without taking into account the suffering and smog problems of creditor states like China, Japan and Germany -- is such a country where people below the poverty line have 2 ACs on average.

 

Against Malthus

 

“the real quasi-Malthusian problem” is not that “the poor are rapidly multiplying,” as it may seem to some ...

 

If you insist that a quasi-Malthusian problem does indeed exist, it can only be this:

 

the 7 percent growth of GDP each year constraint that is imposed upon the economy – which really reflects a growth of the usurers’ or the usurers'/their entourage’s consumption, rather than that of mankind as a whole – may cause the usurer population to multiply and take up that 7% of new production.

 

Note that the availability of exponentially increasing resource supply situation is similar to the infinite supply situation which we see in cockroach population growth, which may in fact touch exponential rate, because these economic-sophist households are unnatural areas characterized by relatively infinite food supply and no natural competitors, which permits exponential growth – that analogy is perfect, since exponentially rising supply rather than infinite supply is needed for exponential growth, so that both the ecological requirements are met by the usurers, who enjoy exponentially increasing resource supply, due to capitalism; and absence of natural competitors.

 

 

 

Usury, or the exponential increase in resource supply which is fundamentally associated with it, is the greatest “after-burner,” or force multiplier, of the man of quantity; with that alone can he ever hope to subdue the man of quality.

 

Thus it can very well be logically imagined that the rate of growth of usurer population can be exponential, as in, if single-minded dedication is applied to such ends, surely, the human body can adapt to support the Reproductionistic Program.