December 10, 2014

THE CAPITALIST AND THEIR LIES



They said it is not the work of government to provide money for all the populace but they expect the same government to buy their corporation from bankruptcy after mismanaging the populace money.
They preach and promote comparative advantage through economies of scale but forget to tell us that in the beginning of their economy progress they never followed this law but follow absolute advantage.
They preach globalisation and global economy in order to dominate smaller countries.
They preach export promotion and removing all barriers to importation while they secretly close theirs and force us to always buy from their market in order to increase their balance of payment.
They give sweet donations in order to control other countries’ economies.
They stimulate perpetual borrowing, oppose economic growth through finance of insurgency and indirectly control smaller countries economy for their selfish goals.

 

They buttress the use of monetary policy over fiscal policy just to invest and engage in capital flight.
They preach developmental ideal but forget the fact that new markets help to buy their excess products but there is no new or emerging market in the world for the less developed countries to sell to and develop their economy.
They want less developed countries to invest in their natural resources and sell it to them while they sell manufactured goods with the wide gap in prices.
They preach dualistic theories and promote moving of labour surplus from the agricultural sector to the manufacturing sector. Why can’t we move labour surplus from the manufacturing sector to the agricultural sector?
They preach deregulation and privatisation and tell government to let market forces direct the economy but suddenly beckons on government to relieve the economy when market forces collapse. They never learn that market forces without government intervention will always capsize like the titanic.
They preach leverage (using others people funds to invest and then payback after receiving profit on investment minus the borrowing cost of investment) but forget to tell us that it is not in every investment strategy that you use leverage. Some people are still in debt because of this investment term.
The Asian tigers that went against the norms of capitalist and achieve tremendous economic growth are considered as miracles. This only buttress the point that capitalism is not only path to economic prosperity

 

When the Bible reads: In the last days men shall be lovers of themselves; perhaps he was talking about the underlying principle of capitalist, which is simply: love of oneself over others. You can call capitalism all you want but you can’t remove greed from it, which is same as love of oneself over others. The Bible says love others as yourself not less than yourself.