Only from the weight of evidence provided by comparative study of many information sources,
can one hope to reach a convincing conclusion.
Born of the Bank of Ideas and the Occupy movement, Critical Thinking is a collaborative research project to understand contemporary affairs in the context of financial markets, commerce, media, government and public institutions. It is a process by which we are continuously learning and refining our world view in the light of new information - learning never ceases. The narrative is never settled.
Our work to date reveals that power resides with a narrow elite whose wealth and power is derived from:
Concentrated Power and Consequences - Clive Menzies
7pm to 9pm on Tuesday 28th October 2014
The Venue, (floor -2 in the basement) LSE Student Union
Saw Swee Hock Student Centre, 1 Sheffield Street, WC2A 2AP
An interactive workshop to explore the inevitable, damaging and destructive consequences of concentrated power. Initially, attendees will form small groups to agree the biggest challenges facing our civilisation. We will then discuss the three most cited challenges in the context of the Political Economy, based on research and analysis by Critical Thinking at the Free University.
Event program: Concentrated Power and Consequences (,pdf download)
The following interview with onyafone.com explains more about Critical Thinking, its origins and its progress to date.
It's a long time since Daily Pickings mentioned Matt Taibbi's article on Goldman Sachs, The Great American Bubble Machine and now seems an appropriate time to remember how markets are manipulated. Often such manipulation happens in plain sight, such as the recent move by Saudi Arabia to drive down the price of oil to increase pressure on Russia, while the US announced it has record levels of oil held in reserve, putting further downward pressure on oil prices. In view of the prematurely cold winter in the US, it will be interesting to see how that plays out.
The bigger question is about the prospects for stock markets and the claimed economic recovery. In the US and Europe, the majority of people have suffered reduced or stagnating incomes while the level of inflation they've experienced is much higher than official headline figures. Reduced spending power, means less demand, which means less economic activity. The super rich, who've enjoyed a dramatic rise in incomes, won't make up for this shortfall in demand. So what has driven this year's boom in stockmarket prices and is it all about to end, plunging us into yet another crisis?
“Frankly, we are so far off the economic rails, the locomotive is stuck in a swamp and the trailing cars are piling up around it.” Anonymous, Comments line, Naked Capitalism
Whether the collapse is now or later, that it's on it's way is not in doubt and we need a plan to change the course of our civilisation.
If you doubt that media are a primary lever of control for the ruling clique (RC), you need look no further than the contrast between Guardian coverage of the Occupy Central protests in Hong Kong and the pitiful reference to the UK Occupy Democracy in Parliament Square, London. The picture below speaks volumes - of HK coverage but one small column on the battle for democracy outside the UK parliament.
The UN responsibility to protect mandate (R2P) destroyed an independent, egalitarian Libya in which women's rights, universal healthcare and education were a given.The real agenda was always regime change because Muammar Gaddafi dared to work for African unity (threatening US hegemony) and independence from the ruling clique (RC) agenda.
This week marks the three-year anniversary of the Western-backed assassination of Libya’s former president, Muammar Gaddafi, and the fall of one of Africa’s greatest nations.
In 1967 Colonel Gaddafi inherited one of the poorest nations in Africa; however, by the time he was assassinated, Gaddafi had turned Libya into Africa’s wealthiest nation. Libya had the highest GDP per capita and life expectancy on the continent. Less people lived below the poverty line than in the Netherlands.