Approaching Political Philosophy (via a question by an American Indian)...

 
Think about what Plato said about a "Noble Lie" being necessary for a political system to govern. Also, keep in mind our discussions about "Mythos-Logos"...
 
Now, Imagine that like the Indian (Oren Lyons) said, “of the hundred dominant ‘economic units’ in the world today 49 are countries and 51 are corporations.”
 
As Mr. Lyons asks: “What does that mean?” In other words, if such corporations and bankers are dominant in the world, how do you think they would like us to see the world? How would they like us to see and understand Nature?
 
Does it mean that corporations are the driving force of decision-making today?
 
What do you think this would mean in terms of controlling the media, decisions in the government, decisions about education and the framing of how ‘we’ “see” and “understand” the world around (and in) us? Are we dependent upon corporations, banks and money for our survival?

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We watched most of the following video in class. I'd advise you to watch the other ones below, also...
 
Money as Debt I
https://www.youtube.com/watch?v=jqvKjsIxT_8 
 "What we have been taught to believe is democracy and freedom, is, in reality, an ingenious, invisible form of economic dictatorship" (39 mins.).

Money as Debt II
https://www.youtube.com/watch?v=dPtt7JC2TiA 
 
Money as Debt III
https://www.youtube.com/watch?v=EbrI3jr47bs 
 
Another very good one (more entertaining) that explains it (with English & Spanish subs/transcripts):
 
97% Owned - Positive Money Cut
https://www.youtube.com/watch?annotation_id=annotation_401576&feature=iv&src_vid=XcGh1Dex4Yo&v=d3mfkD6Ky5o 
 
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Seeing that "Money is Debt" does this suggest that our entire economic-political system is based upon a "Noble Lie" - a complexly (and slyly) constructed mythological structure (when I say mythological structure, I mean a very real contemporary belief system)? 
 
Here is a bit more "political philosophy" to ponder:
 
You might like to start out by reading this article:
The bank bailout and the Forbes 400
http://www.wsws.org/en/articles/2014/10/08/pers-o08.html  
 
And this:
Number of the Week: Total World Debt Load at 313% of GDP 
http://blogs.wsj.com/economics/2013/05/11/number-of-the-week-total-world-debt-load-at-313-of-gdp/ 
 
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Is Money a Fetish?

Fettish:  1. a :  an object (as a small stone carving of an animal) believed to have magical power to protect or aid its owner; broadly :  a material object regarded with superstitious or extravagant trust or reverence
b :  an object of irrational reverence or obsessive devotion :  prepossession 
http://www.merriam-webster.com/dictionary/fetish

Fetishism generally incorporates a very real intermediary object to symbolize and re-enforce the "object of desire." 
 
 
Fetishism: (left) a South African fetish figurine whose supernatural powers protect the owner and kin in the natural world (ca. 1900)





To make this clearer, Marx said that fetishism is "the religion of sensuous appetites", and that the fantasy of the appetites tricks the fetish worshipper into believing that an inanimate object will yield its natural character to gratify the desires of the worshipper. (Karl Marx and Frederick Engels, On religion. Atlanta: Scholars, 1982, p. 22.) One participates in rituals honoring the inanimate nature of the fetish by means of go-between objects/images which "embody" or "represent" it.
 ONE
 In the manuscript of "Results of the Immediate Process of Production" (ca. 1864), an appendix to Capital: Critique of Political Economy, Volume 1 (1867), Marx said that: "... we find in the capitalist process of production [an] indissoluble fusion of use - values in which capital subsists [as] means of production and objects defined as capital, when what we are really faced with is a definite social relationship of production. In consequence, the product embedded in this mode of production is equated with the commodity, by those who have to deal with it. It is this that forms the foundation for the fetishism of the political economists."
 
Theodore Adorno speaks of commodity fetishism in which he describes how the forms of commerce invade the human psyche; how commerce casts a person into a role not of his or her making; and how commercial forces affect the development of the psyche.
 
He further describes how the human imagination (artistic, spiritual, intellectual activity) becomes commodified when subordinated to the "natural commercial laws" of the market.
 
Lukács argues that the capitalist economy is no longer one sector of society alongside others. Rather, commodity exchange has become the central organizing principle for all sectors of society. This allows commodity fetishism to permeate all social institutions (e.g., law, administration, journalism) as well as all academic disciplines, including philosophy.
 
Could it be that the capitalist economy is the contemporary myth that the majority of the world lives by today? And that money, as a commodity, is a fetish???
 
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"$223.3 trillion: The total indebtedness of the world, including all parts of the public and private sectors, amounting to 313% of global gross domestic product." Such an amount of money can never possibly be printed; and it's certainly much more than the value of all of the gold in the world: around $7 trillion worth...
 
Even Marxism can not provide a solution for this because it is also based upon the monetary system. All they want, supposedly, is that the proletariat takes control of the productive forces - in order to get "their fair share," i.e., a re-distribution of wealth in some kind of "democratic economic planning–socialism":
 
"If the producers as such knew how much the consumers required, if they were to organize production, if they were to share it out amongst themselves, then the fluctuations of competition and its tendency to crisis would be impossible. Carry on production consciously as human beings–not as dispersed atoms without consciousness of your species–and you have overcome all these artificial and untenable antitheses. But as long as you continue to produce in the present unconscious, thoughtless manner, at the mercy of chance...crises will remain; and each successive crisis is bound to become more universal and therefore worse than the preceding one; is bound to impoverish a larger body of small capitalists, and to augment...the numbers of the class who live by labor alone." (Engels, "Outline of a Critique of Political Economy", ¶48.)
http://www.isreview.org/issues/32/crisis_theory.shtml
 
That is to say, Marxism is also based upon the fetishism of money which begins “with the elementary value form itself, 20 yards of linen = 1 coat.”(1)  Accordingly, a re-distribution of wealth within an economy based upon the production of imaginary debt, means that debt will also have to be re-distributed; i.e., no matter what, there will have to be a new generation of debt slaves.
 
In other words, in order for usury and debt to be removed, an entirely new "value" system would have to be initiated - beyond monetary value, or even a "gold standard"(2) -- and obviously, the banks and corporations would have to be taken out -- in a "classless" global society -- governed by ________ (oops, same problem, different context)...

As the first documentery suggets (33-38mins.) there are alternative monetary systems that can "theroetically" be implemented:
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Money, its a gas... (Pink Floyd) ; )
 
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1. Marx’s task was to reveal the origin of [...] reification in its most simple form, commodity production. Let us begin with the simplest expression of this perversion which reaches its high point in capital – that is with the elementary value form itself, 20 yards of linen = 1 coat. This is the first expression of the ‘externalization’ or ‘alienation’ of the opposition between value and use-value which exists in every commodity. From this point all the higher forms of fetishism can be considered as a growth in the contradiction between the production of use-values and the social forms through which that production develops. When commodities come into the world as use-values this is merely their ‘plain, homely, bodily form’.
They are, however, commodities only because they are something two-fold, both objects of utility and at the same time depositories of value. They manifest themselves therefore as commodities, or have the form of commodities only in so far as they have two forms, a physical or natural form and a value-form. (I, p. 47)
https://www.marxists.org/archi...

2. ‘although gold and silver are not by Nature money, money is by Nature gold and silver’.
https://www.marxists.org/archi...

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American Indian perspective

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