Comments on: Employment: Modern Day Slavery?

By: Haider

Haider — Wed, 19 Mar 2008 18:17:19 +0000

Thanks for the info and the link.. I’ll be checking it out soon, hopefully.

By: Seth

Seth — Wed, 19 Mar 2008 13:48:46 +0000

I didn’t say to abandon capitalism. I was showing that we do not have capitalism. The solution is to return to a commodity currency economy with true private banking (the only true laissez faire economy). I believe the Middle East will begin to move in this direction, which is going to spell disaster for the American economy.

Yeah the guy who e-mailed you is misguided. I hate it when someone makes a decent point (equating employment in our economy to slavery) but then screws it up when he begins to explain his reasoning. I usually agree with people more often on their conclusions than I do with how they reached them.

You might also find GoldMoney.com interesting. They have found a way to “digitize” gold for the consumer.

By: Haider

Haider — Wed, 19 Mar 2008 04:39:37 +0000

Dear Seth, you make some valid points regarding taxation and the value of money. However, this isn’t what I’m discussing here. The writer whose article I criticized wasn’t dealing with the issue of taxation, but with the concept of employment. Even if we were trading with gold, he would have still considered that slavery.

The solution to the problems you highlighted isn’t to abandon capitalism, but to remove government restrictions on trade, which only serve the “private individuals” who make use of them, and not the companies that are offering the best value for their customers.

Thanks for the video recommendation.. I’ll definitely be checking out the videos.

By: Seth

Seth — Tue, 18 Mar 2008 22:29:09 +0000

Youtube.com– Fiat Empire.

This is a more organized, detailed analysis of the points I made. It strictly pertains to the United States’ Federal Reserve, but the overall analysis of the economic structure that fiat currency creates pertains to all countries. And if not, it will shortly. The World Bank, International Monetary Fund, and WTO are all aimed at imposing American Corporatism into all nations.

50 minutes long but definitely worth it.

By: Seth

Seth — Tue, 18 Mar 2008 17:32:10 +0000

Look at it this way, if a group of people wanted to enslave the rest of the world, what would they have to establish?

1. A centralization of food production.
2. Adjustable income taxation.
3. Fiat currency (money that has arbitrary value)
4. An institution that is in control of the arbitrary distribution and value of said currency.
5. Property taxes. (Even if an individual wish to resign himself to living off of his land, he would need some income to pay his property tax)
6. Control of the education system (to convince the population that are in fact free even if it often seems that they are slaves)
7. Inflation (this goes along with 3 and 4 but usually doesn’t show itself until later)

Are you seeing my point? I could go on but I will leave the list at that for now.

Also, history illustrates just how enslaved the American people are. Think of the Great Depression (also Germany during super-inflation). People had worked. They had earned money. And overnight their money is worthless. Who do they instantly become dependent upon? The government. And who was responsible for the underlying factors that led to the Great Depression? The government. And who makes up our government? Private individuals who use legislation to insulate themselves from competition. You see, to believe an economic system based on fiat currency is anything but modern slavery is to ignore the realities of your economic situation. You have $5. And today that may buy you a multitude of different things. But tomorrow, who knows? You do not control what your money is worth. But you need buying power to survive. So you will just have to work more and more to continue to meet your basic needs.

This point was made very sloppily, but I hope my examples will suffice.