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George, I don't think there is such a thing as opting out of capitalism. By participating in this economy, whether we buy gas, food, magazines, et cetera we contribute to global imperialism. When the government forces you to pay taxes, you help finance the war in Afghanistan. Yes, our savings, our spendings, and our investments are used to further the political agenda we oppose.
my question: "do you think that if we managed our wealth, properly, the neo-con would not be able to rack up majorities at election time by appealing to everyone's fear of economic mismanagement?
To repeat my central question from three years back...aren't our savings being used to further the very political agenda we hate?"
I tried to be very specific with that question, 500 Apples. Don't know where your idea that I'm proposiing "opting out" came from. It's old Karl's "surplus value" that we have to capture and use - very judiciously - to rescue ourselves from the pickle we're in. Don't leave the insurance companies to collect the premiums and invest them with only the maximizing of returns, in mind.
But another question...what do you think of Krugman's extensiion of Klein's ideas to explain conservatism's further destructin of social agencies, the further privatization of the world? Does it not fit?
Apparently since 1985 or so, Canada's big six banks have financed more than 12,000 foreign takeovers of Canadian crown corporations, public assets and profitable Canadian industries. Our private banking monopolies have used the savings of Canadians to hand the country's economy over to foreigners and mostly rich Americans.
As well, tens of billions of dollars in Canadian pension funds are invested in the USA, our master imperial nation. That's more money that isn't invested in Canada. What's afta NAFTA?
Great thread, but I need to close it for length.