Profits might also increase, because improvements might take place in agriculture, or in the implements of husbandry, which would augment the produce with the same cost of production.
quote by David Ricardo
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Tale XXI
The Learned Boy
An honest man was Farmer Jones, and true;
He did by all as all by him should do;
Grave, cautious, careful, fond of gain was he,
Yet famed for rustic hospitality:
Left with his children in a widow'd state,
The quiet man submitted to his fate;
Though prudent matrons waited for his call,
With cool forbearance he avoided all;
Though each profess'd a pure maternal joy,
By kind attention to his feeble boy;
And though a friendly Widow knew no rest,
Whilst neighbour Jones was lonely and distress'd;
Nay, though the maidens spoke in tender tone
Their hearts' concern to see him left alone,
Jones still persisted in that cheerless life,
As if 'twere sin to take a second wife.
Oh! 'tis a precious thing, when wives are dead,
To find such numbers who will serve instead;
And in whatever state a man be thrown,
'Tis that precisely they would wish their own;
Left the departed infants--then their joy
Is to sustain each lovely girl and boy:
Whatever calling his, whatever trade,
To that their chief attention has been paid;
His happy taste in all things they approve,
His friends they honour, and his food they love;
His wish for order, prudence in affairs,
An equal temper (thank their stars!), are theirs;
In fact, it seem'd to be a thing decreed,
And fix'd as fate, that marriage must succeed:
Yet some, like Jones, with stubborn hearts and
hard,
Can hear such claims and show them no regard.
Soon as our Farmer, like a general, found
By what strong foes he was encompass'd round,
Engage he dared not, and he could not fly,
But saw his hope in gentle parley lie;
With looks of kindness then, and trembling heart,
He met the foe, and art opposed to art.
Now spoke that foe insidious--gentle tones,
And gentle looks, assumed for Farmer Jones:
'Three girls,' the Widow cried, 'a lively three
To govern well--indeed it cannot be.'
'Yes,' he replied, 'it calls for pains and care:
But I must bear it.'--'Sir, you cannot bear;
Your son is weak, and asks a mother's eye:'
'That, my kind friend, a father's may supply.'
[...] Read more
poem by George Crabbe
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The Shepheardes Calender: August
August: Ægloga Octaua. Willye. Perigot. Cuddie.
Willye.
Ell me Perigot, what shalbe the game,
Wherefore with myne thou dare thy musick matche?
Or bene thy Bagpypes renne farre out of frame?
Or hath the Crampe thy ioynts benomd with ache?
Perigot.
Ah Willye, when the hart is ill assayde,
How can Bagpipe, or ioynts be well apayd?
Willye.
What the foule euill hath thee so bestadde?
Whilom thou was peregall to the best,
And wont to make the iolly shepeheards gladde
With pyping and dauncing, didst passe the rest.
Perigot.
Ah Willye now I haue learnd a newe daunce:
My old musick mard by a newe mischaunce.
Willye.
Mischiefe mought to that newe mischaunce befall,
That hath so raft vs of our meriment.
But reede me, what payne doth thee so appall?
Or louest thou, or bene thy younglings miswent?
Perigot.
Loue hath misled both my younglings, and mee:
I pyne for payne, and they my payne to see.
Willye.
Perdie and wellawaye: ill may they thriue:
Neuer knewe I louers sheepe in good plight.
But and if rymes with me thou dare striue,
Such fond fantsies shall soone be put to flight.
Perigot.
That shall I doe, though mochell worse I fared:
Neuer shall be sayde that Perigot was dared.
Willye.
Then loe Perigot the Pledge, which I plight:
A mazer ywrought of the Maple warre:
Wherein is enchased many a fayre sight
Of Beres and Tygres, that maken fiers warre:
And ouer them spred a goodly wild vine,
Entrailed with a wanton Yuie twine.
Thereby is a Lambe in the Wolues iawes:
But see, how fast renneth the shepheard swayne,
To saue the innocent from the beastes pawes:
And here with his shepehooke hath him slayne.
Tell me, such a cup hast thou euer sene?
Well mought it beseme any haruest Queene.
Perigot.
Thereto will I pawne yon spotted Lambe,
[...] Read more
poem by Edmund Spenser
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The Third Monarchy, being the Grecian, beginning under Alexander the Great in the 112. Olympiad.
Great Alexander was wise Philips son,
He to Amyntas, Kings of Macedon;
The cruel proud Olympias was his Mother,
She to Epirus warlike King was daughter.
This Prince (his father by Pausanias slain)
The twenty first of's age began to reign.
Great were the Gifts of nature which he had,
His education much to those did adde:
By art and nature both he was made fit,
To 'complish that which long before was writ.
The very day of his Nativity
To ground was burnt Dianaes Temple high:
An Omen to their near approaching woe,
Whose glory to the earth this king did throw.
His Rule to Greece he scorn'd should be confin'd,
The Universe scarce bound his proud vast mind.
This is the He-Goat which from Grecia came,
That ran in Choler on the Persian Ram,
That brake his horns, that threw him on the ground
To save him from his might no man was found:
Philip on this great Conquest had an eye,
But death did terminate those thoughts so high.
The Greeks had chose him Captain General,
Which honour to his Son did now befall.
(For as Worlds Monarch now we speak not on,
But as the King of little Macedon)
Restless both day and night his heart then was,
His high resolves which way to bring to pass;
Yet for a while in Greece is forc'd to stay,
Which makes each moment seem more then a day.
Thebes and stiff Athens both 'gainst him rebel,
Their mutinies by valour doth he quell.
This done against both right and natures Laws,
His kinsmen put to death, who gave no cause;
That no rebellion in in his absence be,
Nor making Title unto Sovereignty.
And all whom he suspects or fears will climbe,
Now taste of death least they deserv'd in time,
Nor wonder is t if he in blood begin,
For Cruelty was his parental sin,
Thus eased now of troubles and of fears,
Next spring his course to Asia he steers;
Leavs Sage Antipater, at home to sway,
And through the Hellispont his Ships made way.
Coming to Land, his dart on shore he throws,
Then with alacrity he after goes;
And with a bount'ous heart and courage brave,
His little wealth among his Souldiers gave.
And being ask'd what for himself was left,
Reply'd, enough, sith only hope he kept.
[...] Read more
poem by Anne Bradstreet
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The Georgics
GEORGIC I
What makes the cornfield smile; beneath what star
Maecenas, it is meet to turn the sod
Or marry elm with vine; how tend the steer;
What pains for cattle-keeping, or what proof
Of patient trial serves for thrifty bees;-
Such are my themes.
O universal lights
Most glorious! ye that lead the gliding year
Along the sky, Liber and Ceres mild,
If by your bounty holpen earth once changed
Chaonian acorn for the plump wheat-ear,
And mingled with the grape, your new-found gift,
The draughts of Achelous; and ye Fauns
To rustics ever kind, come foot it, Fauns
And Dryad-maids together; your gifts I sing.
And thou, for whose delight the war-horse first
Sprang from earth's womb at thy great trident's stroke,
Neptune; and haunter of the groves, for whom
Three hundred snow-white heifers browse the brakes,
The fertile brakes of Ceos; and clothed in power,
Thy native forest and Lycean lawns,
Pan, shepherd-god, forsaking, as the love
Of thine own Maenalus constrains thee, hear
And help, O lord of Tegea! And thou, too,
Minerva, from whose hand the olive sprung;
And boy-discoverer of the curved plough;
And, bearing a young cypress root-uptorn,
Silvanus, and Gods all and Goddesses,
Who make the fields your care, both ye who nurse
The tender unsown increase, and from heaven
Shed on man's sowing the riches of your rain:
And thou, even thou, of whom we know not yet
What mansion of the skies shall hold thee soon,
Whether to watch o'er cities be thy will,
Great Caesar, and to take the earth in charge,
That so the mighty world may welcome thee
Lord of her increase, master of her times,
Binding thy mother's myrtle round thy brow,
Or as the boundless ocean's God thou come,
Sole dread of seamen, till far Thule bow
Before thee, and Tethys win thee to her son
With all her waves for dower; or as a star
Lend thy fresh beams our lagging months to cheer,
Where 'twixt the Maid and those pursuing Claws
A space is opening; see! red Scorpio's self
His arms draws in, yea, and hath left thee more
Than thy full meed of heaven: be what thou wilt-
For neither Tartarus hopes to call thee king,
[...] Read more
Prince Hohenstiel-Schwangau, Saviour of Society
Epigraph
Υδραν φονεύσας, μυρίων τ᾽ ἄλλων πόνων
διῆλθον ἀγέλας . . .
τὸ λοίσθιον δὲ τόνδ᾽ ἔτλην τάλας πόνον,
. . . δῶμα θριγκῶσαι κακοῖς.
I slew the Hydra, and from labour pass'd
To labour — tribes of labours! Till, at last,
Attempting one more labour, in a trice,
Alack, with ills I crowned the edifice.
You have seen better days, dear? So have I —
And worse too, for they brought no such bud-mouth
As yours to lisp "You wish you knew me!" Well,
Wise men, 't is said, have sometimes wished the same,
And wished and had their trouble for their pains.
Suppose my Œdipus should lurk at last
Under a pork-pie hat and crinoline,
And, latish, pounce on Sphynx in Leicester Square?
Or likelier, what if Sphynx in wise old age,
Grown sick of snapping foolish people's heads,
And jealous for her riddle's proper rede, —
Jealous that the good trick which served the turn
Have justice rendered it, nor class one day
With friend Home's stilts and tongs and medium-ware,—
What if the once redoubted Sphynx, I say,
(Because night draws on, and the sands increase,
And desert-whispers grow a prophecy)
Tell all to Corinth of her own accord.
Bright Corinth, not dull Thebes, for Lais' sake,
Who finds me hardly grey, and likes my nose,
And thinks a man of sixty at the prime?
Good! It shall be! Revealment of myself!
But listen, for we must co-operate;
I don't drink tea: permit me the cigar!
First, how to make the matter plain, of course —
What was the law by which I lived. Let 's see:
Ay, we must take one instant of my life
Spent sitting by your side in this neat room:
Watch well the way I use it, and don't laugh!
Here's paper on the table, pen and ink:
Give me the soiled bit — not the pretty rose!
See! having sat an hour, I'm rested now,
Therefore want work: and spy no better work
For eye and hand and mind that guides them both,
During this instant, than to draw my pen
From blot One — thus — up, up to blot Two — thus —
Which I at last reach, thus, and here's my line
Five inches long and tolerably straight:
[...] Read more
poem by Robert Browning (1871)
Added by Veronica Serbanoiu
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The Hind And The Panther, A Poem In Three Parts : Part III.
Much malice, mingled with a little wit,
Perhaps may censure this mysterious writ;
Because the muse has peopled Caledon
With panthers, bears, and wolves, and beasts unknown,
As if we were not stocked with monsters of our own.
Let Æsop answer, who has set to view
Such kinds as Greece and Phrygia never knew;
And Mother Hubbard, in her homely dress,
Has sharply blamed a British lioness;
That queen, whose feast the factious rabble keep,
Exposed obscenely naked, and asleep.
Led by those great examples, may not I
The wonted organs of their words supply?
If men transact like brutes, 'tis equal then
For brutes to claim the privilege of men.
Others our Hind of folly will indite,
To entertain a dangerous guest by night.
Let those remember, that she cannot die,
Till rolling time is lost in round eternity;
Nor need she fear the Panther, though untamed,
Because the Lion's peace was now proclaimed;
The wary savage would not give offence,
To forfeit the protection of her prince;
But watched the time her vengeance to complete,
When all her furry sons in frequent senate met;
Meanwhile she quenched her fury at the flood,
And with a lenten salad cooled her blood.
Their commons, though but coarse, were nothing scant,
Nor did their minds an equal banquet want.
For now the Hind, whose noble nature strove
To express her plain simplicity of love,
Did all the honours of her house so well,
No sharp debates disturbed the friendly meal.
She turned the talk, avoiding that extreme,
To common dangers past, a sadly-pleasing theme;
Remembering every storm which tossed the state,
When both were objects of the public hate,
And dropt a tear betwixt for her own children's fate.
Nor failed she then a full review to make
Of what the Panther suffered for her sake;
Her lost esteem, her truth, her loyal care,
Her faith unshaken to an exiled heir,
Her strength to endure, her courage to defy,
Her choice of honourable infamy.
On these, prolixly thankful, she enlarged;
Then with acknowledgments herself she charged;
For friendship, of itself an holy tie,
Is made more sacred by adversity.
Now should they part, malicious tongues would say,
They met like chance companions on the way,
[...] Read more
poem by John Dryden
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Last Instructions to a Painter
After two sittings, now our Lady State
To end her picture does the third time wait.
But ere thou fall'st to work, first, Painter, see
If't ben't too slight grown or too hard for thee.
Canst thou paint without colors? Then 'tis right:
For so we too without a fleet can fight.
Or canst thou daub a signpost, and that ill?
'Twill suit our great debauch and little skill.
Or hast thou marked how antic masters limn
The aly-roof with snuff of candle dim,
Sketching in shady smoke prodigious tools?
'Twill serve this race of drunkards, pimps and fools.
But if to match our crimes thy skill presumes,
As th' Indians, draw our luxury in plumes.
Or if to score out our compendious fame,
With Hooke, then, through the microscope take aim,
Where, like the new Comptroller, all men laugh
To see a tall louse brandish the white staff.
Else shalt thou oft thy guiltless pencil curse,
Stamp on thy palette, not perhaps the worse.
The painter so, long having vexed his cloth--
Of his hound's mouth to feign the raging froth--
His desperate pencil at the work did dart:
His anger reached that rage which passed his art;
Chance finished that which art could but begin,
And he sat smiling how his dog did grin.
So mayst thou pérfect by a lucky blow
What all thy softest touches cannot do.
Paint then St Albans full of soup and gold,
The new court's pattern, stallion of the old.
Him neither wit nor courage did exalt,
But Fortune chose him for her pleasure salt.
Paint him with drayman's shoulders, butcher's mien,
Membered like mules, with elephantine chine.
Well he the title of St Albans bore,
For Bacon never studied nature more.
But age, allayed now that youthful heat,
Fits him in France to play at cards and treat.
Draw no commission lest the court should lie,
That, disavowing treaty, asks supply.
He needs no seal but to St James's lease,
Whose breeches wear the instrument of peace;
Who, if the French dispute his power, from thence
Can straight produce them a plenipotence..
Nor fears he the Most Christian should trepan
Two saints at once, St Germain, St Alban,
But thought the Golden Age was now restored,
When men and women took each other's word.
[...] Read more
poem by Andrew Marvell
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Prejudice
IN yonder red-brick mansion, tight and square,
Just at the town's commencement, lives the mayor.
Some yards of shining gravel, fenced with box,
Lead to the painted portal--where one knocks :
There, in the left-hand parlour, all in state,
Sit he and she, on either side the grate.
But though their goods and chattels, sound and new,
Bespeak the owners very well to do,
His worship's wig and morning suit betray
Slight indications of an humbler day
That long, low shop, where still the name appears,
Some doors below, they kept for forty years :
And there, with various fortunes, smooth and rough,
They sold tobacco, coffee, tea, and snuff.
There labelled drawers display their spicy row--
Clove, mace, and nutmeg : from the ceiling low
Dangle long twelves and eights , and slender rush,
Mix'd with the varied forms of genus brush ;
Cask, firkin, bag, and barrel, crowd the floor,
And piles of country cheeses guard the door.
The frugal dames came in from far and near,
To buy their ounces and their quarterns here.
Hard was the toil, the profits slow to count,
And yet the mole-hill was at last a mount.
Those petty gains were hoarded day by day,
With little cost, for not a child had they ;
Till, long proceeding on the saving plan,
He found himself a warm, fore-handed man :
And being now arrived at life's decline,
Both he and she, they formed the bold design,
(Although it touched their prudence to the quick)
To turn their savings into stone and brick.
How many an ounce of tea and ounce of snuff,
There must have been consumed to make enough !
At length, with paint and paper, bright and gay,
The box was finished, and they went away.
But when their faces were no longer seen
Amongst the canisters of black and green ,
--Those well-known faces, all the country round--
'Twas said that had they levelled to the ground
The two old walnut trees before the door,
The customers would not have missed them more.
Now, like a pair of parrots in a cage,
They live, and civic honours crown their age :
Thrice, since the Whitsuntide they settled there,
Seven years ago, has he been chosen mayor ;
And now you'd scarcely know they were the same ;
Conscious he struts, of power, and wealth, and fame ;
[...] Read more
poem by Jane Taylor
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Trivia ; or, the Art of Walking the Streets of London : Book II.
Of Walking the Streets by Day.
Thus far the Muse has trac'd in useful lays
The proper implements for wintry ways;
Has taught the walker, with judicious eyes,
To read the various warnings of the skies.
Now venture, Muse, from home to range the town,
And for the public safety risk thy own.
For ease and for dispatch, the morning's best;
No tides of passengers the street molest.
You'll see a draggled damsel, here and there,
From Billingsgate her fishy traffic bear;
On doors the sallow milk-maid chalks her gains;
Ah! how unlike the milk-maid of the plains!
Before proud gates attending asses bray,
Or arrogate with solemn pace the way;
These grave physicians with their milky cheer,
The love-sick maid and dwindling beau repair;
Here rows of drummers stand in martial file,
And with their vellum thunder shake the pile,
To greet the new-made bride. Are sounds like these
The proper prelude to a state of peace?
Now industry awakes her busy sons,
Full charg'd with news the breathless hawker runs:
Shops open, coaches roll, carts shake the ground,
And all the streets with passing cries resound.
If cloth'd in black, you tread the busy town
Or if distinguish'd by the rev'rend gown,
Three trades avoid; oft in the mingling press,
The barber's apron soils the sable dress;
Shun the perfumer's touch with cautious eye,
Nor let the baker's step advance too nigh;
Ye walkers too that youthful colours wear,
Three sullying trades avoid with equal care;
The little chimney-sweeper skulks along,
And marks with sooty stains the heedless throng;
When small-coal murmurs in the hoarser throat,
From smutty dangers guard thy threaten'd coat:
The dust-man's cart offends thy clothes and eyes,
When through the street a cloud of ashes flies;
But whether black or lighter dyes are worn,
The chandler's basket, on his shoulder borne,
With tallow spots thy coat; resign the way,
To shun the surly butcher's greasy tray,
Butcher's, whose hands are dy'd with blood's foul stain,
And always foremost in the hangman's train.
Let due civilities be strictly paid.
The wall surrender to the hooded maid;
Nor let thy sturdy elbow's hasty rage
Jostle the feeble steps of trembling age;
[...] Read more
poem by John Gay
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A poem, on the rising glory of America
LEANDER.
No more of Memphis and her mighty kings,
Or Alexandria, where the Ptolomies.
Taught golden commerce to unfurl her falls,
And bid fair science smile: No more of Greece
Where learning next her early visit paid,
And spread her glories to illume the world,
No more of Athens, where she flourished,
And saw her sons of mighty genius rise
Smooth flowing Plato, Socrates and him
Who with resistless eloquence reviv'd
The Spir't of Liberty, and shook the thrones
Of Macedon and Persia's haughty king.
No more of Rome enlighten'd by her beams,
Fresh kindling there the fire of eloquence,
And poesy divine; imperial Rome!
Whose wide dominion reach'd o'er half the globe;
Whose eagle flew o'er Ganges to the East,
And in the West far to the British isles.
No more of Britain, and her kings renown'd,
Edward's and Henry's thunderbolts of war;
Her chiefs victorious o'er the Gallic foe;
Illustrious senators, immortal bards,
And wise philosophers, of these no more.
A Theme more new, tho' not less noble claims
Our ev'ry thought on this auspicious day
The rising glory of this western world,
Where now the dawning light of science spreads
Her orient ray, and wakes the muse's song;
Where freedom holds her sacred standard high,
And commerce rolls her golden tides profuse
Of elegance and ev'ry joy of life.
ACASTO.
Since then Leander you attempt a strain
So new, so noble and so full of fame;
And since a friendly concourse centers here
America's own sons, begin O muse!
Now thro' the veil of ancient days review
The period fam'd when first Columbus touch'd
The shore so long unknown, thro' various toils,
Famine and death, the hero made his way,
Thro' oceans bestowing with eternal storms.
But why, thus hap'ly found, should we resume
The tale of Cortez, furious chief, ordain'd
With Indian blood to dye the sands, and choak
Fam'd Amazonia's stream with dead! Or why,
Once more revive the story old in fame,
[...] Read more
poem by Hugh Henry Brackenridge
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Carol Of Occupations
COME closer to me;
Push close, my lovers, and take the best I possess;
Yield closer and closer, and give me the best you possess.
This is unfinish'd business with me--How is it with you?
(I was chill'd with the cold types, cylinder, wet paper between us.)
Male and Female!
I pass so poorly with paper and types, I must pass with the contact
of bodies and souls.
American masses!
I do not thank you for liking me as I am, and liking the touch of
me--I know that it is good for you to do so.
This is the carol of occupations; 10
In the labor of engines and trades, and the labor of fields, I find the developments,
And find the eternal meanings.
Workmen and Workwomen!
Were all educations, practical and ornamental, well display'd out of
me, what would it amount to?
Were I as the head teacher, charitable proprietor, wise statesman,
what would it amount to?
Were I to you as the boss employing and paying you, would that
satisfy you?
The learn'd, virtuous, benevolent, and the usual terms;
A man like me, and never the usual terms.
Neither a servant nor a master am I;
I take no sooner a large price than a small price--I will have my
own, whoever enjoys me; 20
I will be even with you, and you shall be even with me.
If you stand at work in a shop, I stand as nigh as the nighest in the
same shop;
If you bestow gifts on your brother or dearest friend, I demand as
good as your brother or dearest friend;
If your lover, husband, wife, is welcome by day or night, I must be
personally as welcome;
If you become degraded, criminal, ill, then I become so for your
sake;
If you remember your foolish and outlaw'd deeds, do you think I
cannot remember my own foolish and outlaw'd deeds?
If you carouse at the table, I carouse at the opposite side of the
table;
If you meet some stranger in the streets, and love him or her--why I
often meet strangers in the street, and love them.
[...] Read more
poem by Walt Whitman
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Absalom and Achitophel
In pious times, e'er Priest-craft did begin,
Before Polygamy was made a sin;
When man, on many, multiply'd his kind,
E'r one to one was, cursedly, confind:
When Nature prompted, and no law deny'd
Promiscuous use of Concubine and Bride;
Then, Israel's monarch, after Heaven's own heart,
His vigorous warmth did, variously, impart
To Wives and Slaves; And, wide as his Command,
Scatter'd his Maker's Image through the Land.
Michal, of Royal blood, the Crown did wear,
A Soyl ungratefull to the Tiller's care;
Not so the rest; for several Mothers bore
To Godlike David, several Sons before.
But since like slaves his bed they did ascend,
No True Succession could their seed attend.
Of all this Numerous Progeny was none
So Beautifull, so brave as Absalon:
Whether, inspir'd by some diviner Lust,
His father got him with a greater Gust;
Or that his Conscious destiny made way
By manly beauty to Imperiall sway.
Early in Foreign fields he won Renown,
With Kings and States ally'd to Israel's Crown
In Peace the thoughts of War he could remove,
And seem'd as he were only born for love.
What e'er he did was done with so much ease,
In him alone, 'twas Natural to please.
His motions all accompanied with grace;
And Paradise was open'd in his face.
With secret Joy, indulgent David view'd
His Youthfull Image in his Son renew'd:
To all his wishes Nothing he deny'd,
And made the Charming Annabel his Bride.
What faults he had (for who from faults is free?)
His Father could not, or he would not see.
Some warm excesses, which the Law forbore,
Were constru'd Youth that purg'd by boyling o'r:
And Amnon's Murther, by a specious Name,
Was call'd a Just Revenge for injur'd Fame.
Thus Prais'd, and Lov'd, the Noble Youth remain'd,
While David, undisturb'd, in Sion raign'd.
But Life can never be sincerely blest:
Heaven punishes the bad, and proves the best.
The Jews, a Headstrong, Moody, Murmuring race,
As ever try'd th' extent and stretch of grace;
God's pamper'd people whom, debauch'd with ease,
No King could govern, nor no God could please;
(Gods they had tri'd of every shape and size
That Gods-smiths could produce, or Priests devise.)
[...] Read more
poem by John Dryden
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Death Of The Middle Class
Oligarchs and Banksters tighten financial screws
In a bold attempt to kill the global Middle Class
Heads of State unable/unwilling to halt this ruse
The “Great Depression of 1929” we soon surpass
ROTMS
By Andrew Gavin Marshall - Global Research
We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression, ’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic global social genocide, as the middle classes vanish and the social foundations upon which our nations rest are swept away. How did we get here? Who brought us here? Where is this road leading? These are questions I will briefly attempt to answer.
At the heart of the global political economy is the central banking system. Central banks are responsible for printing a nation’s currency and setting interest rates, thus determining the value of the currency. This should no doubt be the prerogative of a national government, however, central banks are of a particularly deceptive nature, in which while being imbued with governmental authority, they are in fact privately owned by the world’s major global banks, and are thus profit-seeking institutions. How do central banks make a profit? The answer is simple: how do all banks make a profit? Interest on debt. Loans are made, interest rates are set, and profits are made. It is a system of debt, imperial economics at its finest.
In the United States, President Woodrow Wilson signed the Federal Reserve Act in 1913, creating the Federal Reserve System, with the Board located in Washington, appointed by the President, but where true power rested in the 12 regional banks, most notably among them, the Federal Reserve Bank of New York. The regional Fed banks were private banks, owned in shares by the major banks in each region, which elected the board members to represent them, and who would then share power with the Federal Reserve Board in Washington.
In the early 1920s, the Council on Foreign Relations was formed in the United States as the premier foreign policy think tank, dominated by powerful banking interests. In 1930, the Bank for International Settlements (BIS) was created to manage German reparations payments, but it also had another role, which was much less known, but much more significant. It was to act as a “coordinator of the operations of central banks around the world.” Essentially, it is the central bank for the world’s central banks, whose operations are kept ‘strictly confidential.’ As historian Carroll Quigley wrote:
'The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.'
In 1954, the Bilderberg Group was formed as a secretive global think tank, comprising intellectual, financial, corporate, political, military and media elites from Western Europe and North America, with prominent bankers such as David Rockefeller, as well as European royalty, such as the Dutch royal family, who are the largest shareholders in Royal Dutch Shell, whose CEO attends every meeting. This group of roughly 130 elites meets every year in secret to discuss and debate global affairs, and to set general goals and undertake broad agendas at various meetings. The group was initially formed to promote European integration. The 1956 meeting discussed European integration and a common currency. In fact, the current Chairman of the Bilderberg Group told European media last year that the euro was debated at the Bilderberg Group.
In 1973, David Rockefeller, Chairman and CEO of Chase Manhattan Bank, Chairman of the Council on Foreign Relations and a member of the Steering Committee of the Blderberg Group, formed the Trilateral Commission with CFR academic Zbigniew Brzezinski. That same year, the oil price shocks created a wealth of oil money, which was discussed at that years Bilderberg meeting 5 months prior to the oil shocks, and the money was funneled through western banks, which loaned it to ‘third world’ nations desperately in need of loans to finance industrialization.
When Jimmy Carter became President in 1977, he appointed over two dozen members of the Trilateral Commission into his cabinet, including himself, and of course, Zbigniew Brzezinski, who was his National Security Adviser. In 1979, Carter appointed David Rockefeller’s former aide and friend, Paul Volcker, who had held various positions at the Federal Reserve Bank of New York and the U.S. Treasury Department, and who also happened to be a member of the Trilateral Commission, as Chairman of the Federal Reserve. When another oil shock took place in 1979, Volcker decided to raise interest rates from 2% in the late 70s, to 18% in the early 80s. The effect this had was that the countries of the developing world suddenly had to pay enormous interest on their loans, and in 1982, Mexico announced it could no longer afford to pay its interest, and it defaulted on its debt, which set off the 1980s debt crisis – collapsing nations in debt across Latin America, Africa and parts of Asia.
It was the IMF and the World Bank came to the ‘assistance’ of the Third World with their ‘structural adjustment programs’, which forced countries seeking assistance to privatize all state owned industries and resources, devalue their currencies, liberalize their economies, dismantle health, education and social services; ultimately resulting in the re-colonization of the ‘Third World’ as Western corporations and banks bought all their assets and resources, and ultimately created the conditions of social genocide, with the spread of mass poverty, and the emergence of corrupt national elites who were subservient to the interests of Western elites. The people in these nations would protest, riot and rebel, and the states would clamp down with the police and military.
In the West, corporations and banks saw rapid, record-breaking profits. This was the era in which the term ‘globalization’ emerged. While profits soared, wages for people in the West did not. Thus, to consume in an economy in which prices were rising, people had to go into debt. This is why this era marked the rise of credit cards fueling consumption, and the middle class became a class based entirely on debt.
In the 1990s, the ‘new world order’ was born, with America ruling the global economy, free trade agreements began integrating regional and global markets for the benefit of global banks and corporations, and speculation dominated the economy.
The global economic crisis arose as a result of decades of global imperialism – known recently as ‘globalization’ – and the reckless growth of– speculation, derivatives and an explosion of debt. As the economic crisis spread, nations of the world, particularly the United States, bailed out the major banks (which should have been made to fail and crumble under their own corruption and greed) , and now the West has essentially privatized profits for the banks, and socialized the risk. In other words, the nations bought the debt from the banks, and now the people have to pay for it. The people, however, are immersed in their own personal debt to such degrees that today, the average Canadian is $39,000 in debt, and students are graduating into a jobless market with tens to hundreds of thousands of dollars of student debt that they will never repay. Hence, we are now faced with a global debt crisis.
To manage the economic crisis, the G20 was established as the major international forum for cooperation among the 20 major economies of the world, including the major developing – or emerging – economies, such as India, Brazil, South Africa and China. At the onset of the financial crisis, China and Russia’s central banks began calling for the establishment of a global currency to replace the U.S. dollar as the world reserve currency. This proposal was backed by the UN and the IMF. It should be noted, however, that the Chinese and Russian central banks cooperate with the Western central banks through the Bank for International Settlements – which the President of the European Central Bank, Jean-Claude Trichet, recently said was the principle forum for “governance of central bank cooperation” and that the G20 is “the prime group for global economic governance.” In 2009, the IMF stated that the BIS “is the central and the oldest focal point for coordination of global governance arrangements.” The President of the European Union, appointed to the position after attending a Bilderberg meeting, declared 2009 as the “first year of global governance.” The 2009 Bilderberg meeting reported on the desire to create a global treasury, or global central bank, to manage the world economy. In 2009, prior to the Bilderberg meeting in fact, the G20 set in motion plans to make the IMF a global central bank of sorts, issuing and even printing its own currency – called Special Drawing Rights (SDRs) – which is valued against a basket of currencies. In May of 2010, the IMF Managing Director stated that “crisis is an opportunity, ” and while Special Drawing Rights are a step in the right direction, ultimately what is needed is “a new global currency issued by a global central bank, with robust governance and institutional features.” Thus, we see the emergence of a process towards the formation of a global central bank and a global currency, totally unaccountable to any nation or people, and totally controlled by global banking interests.
In 2010, Greece was plunged into a debt crisis, a crisis which is now spreading across Europe, to the U.K. and eventually to Japan and the United States. If we look at Greece, we see the nature of the global debt crisis. The debt is owed to major European and American banks. To pay the interest on the debt, Greece had to get a loan from the European Central Bank and the IMF, which forced the country to impose ‘fiscal austerity’ measures as a condition for the loans, pressuring Greece to commit social genocide. Meanwhile, the major banks of America and Europe speculate against the Greek debt, further plunging the country into economic and social crisis. The loan is granted, to pay the interest, yet simply has the effect of adding to the overall debt, as a new loan is new debt. Thus, Greece is caught in the same debt trap that re-colonized the Third World.
At the recent G20 meeting in Toronto, the major nations of the world agreed to impose fiscal austerity – or in other words, commit social genocide – within their nations, in a veritable global structural adjustment program. So now we will see the beginnings of the Great Global Debt Depression, in which major western and global nations cut social spending, create mass unemployment by dismantling health, education, and social services. Further, state infrastructure – such as roads, bridges, airports, ports, railways, prisons, hospitals, electric transmission lines and water – will be privatized, so that global corporations and banks will own the entirely of national assets. Simultaneously, of course, taxes will be raised dramatically to levels never before seen. The BIS said that interest rates should rise at the same time, meaning that interest payments on debt will dramatically increase at both the national and individual level, forcing governments to turn to the IMF for loans – likely in the form of its new global reserve currency – to simply pay the interest, and will thus be absorbing more debt. Simultaneously, of course, the middle class will in effect have its debts called in, and since the middle class exists only as an illusion, the illusion will vanish.
Already, towns, cities, and states across America are resorting to drastic actions to reduce their debts, such as closing fire stations, scaling back trash collection, turning off street lights, ending bus services and public transportation, cutting back on library hours or closing them altogether, school districts cutting down the school day, week or year. Simultaneously, this is occurring with a dramatic increase in the rate of privatizations or “public-private partnerships” in which even libraries are being privatized.
No wonder then, that this month, the Managing Director of the IMF warned that America and Europe, in the midst of the worst jobs crisis since the Great Depression, face an “explosion of social unrest.” Just yesterday, Europe experienced a wave of mass protests and social unrest in opposition to ‘austerity measures’, with a general strike in Spain involving millions of people, and a march on the EU headquarters in Brussels of nearly 100,000 people. As social unrest spreads, governments will likely react – as we saw in the case of the G20 in Toronto – with oppressive police state measures. Here, we see the true relevance of the emergence of ‘Homeland Security States’, designed not to protect people from terrorists, but to protect the powerful from the people.
So while things have never seemed quite so bleak, there is a dim and growing beacon of hope, in what Zbigniew Brzezinski has termed as the greatest threat to elite interests everywhere – the ‘global political awakening’. The global political awakening is representative of the fact that for the first time in all of human history, mankind is politically awakened and stirring, activated and aware, and that generally – as Zbigniew Brzezinski explains – generally is aware of global inequalities, exploitation, and disrespect. This awakening is largely the result of the information revolution – thus revealing the contradictory nature of the globalization project – as while it globalizes power and oppression, so too does it globalize awareness and opposition. This awakening is the greatest threat to entrenched elite interests everywhere. The awakening, while having taken root in the global south – already long subjected to exploitation and devastation – is now stirring in the west, and will grow as the economy crumbles. As the middle classes realize their consumption was an illusion of wealth, they will seek answers and demand true change, not the Wall Street packaged ‘brand-name’ change of Obama Inc., but true, inspired, and empowering change.
In 1967, Martin Luther King delivered a speech in which he spoke out against the Vietnam War and the American empire, and he stated that, “It seems as if we are on the wrong side of a world revolution.” So now it seems to me that the time has come for that to change.
Andrew Gavin Marshall is a Research Associate with the Centre for Research on Globalization (CRG) .
poem by Ray Lucero
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Charity
Fairest and foremost of the train that wait
On man's most dignified and happiest state,
Whether we name thee Charity or Love,
Chief grace below, and all in all above,
Prosper (I press thee with a powerful plea)
A task I venture on, impell’d by thee:
Oh never seen but in thy blest effects,
Or felt but in the soul that Heaven selects;
Who seeks to praise thee, and to make thee known
To other hearts, must have thee in his own.
Come, prompt me with benevolent desires,
Teach me to kindle at thy gentle fires,
And, though disgraced and slighted, to redeem
A poet’s name, by making thee the theme.
God, working ever on a social plan,
By various ties attaches man to man:
He made at first, though free and unconfined,
One man the common father of the kind;
That every tribe, though placed as he sees best,
Where seas or deserts part them from the rest,
Differing in language, manners, or in face,
Might feel themselves allied to all the race.
When Cook—lamented, and with tears as just
As ever mingled with heroic dust—
Steer’d Britain’s oak into a world unknown,
And in his country’s glory sought his own,
Wherever he found man to nature true,
The rights of man were sacred in his view;
He soothed with gifts, and greeted with a smile,
The simple native of the new-found isle;
He spurn’d the wretch that slighted or withstood
The tender argument of kindred blood;
Nor would endure that any should control
His freeborn brethren of the southern pole.
But, though some nobler minds a law respect,
That none shall with impunity neglect,
In baser souls unnumber’d evils meet,
To thwart its influence, and its end defeat.
While Cook is loved for savage lives he saved,
See Cortez odious for a world enslaved!
Where wast thou then, sweet Charity? where then,
Thou tutelary friend of helpless men?
Wast thou in monkish cells and nunneries found,
Or building hospitals on English ground?
No.—Mammon makes the world his legatee
Through fear, not love; and Heaven abhors the fee.
Wherever found (and all men need thy care),
Nor age, nor infancy could find thee there.
The hand that slew till it could slay no more,
Was glued to the sword-hilt with Indian gore.
[...] Read more
poem by William Cowper
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Metamorphoses: Book The Sixth
PALLAS, attending to the Muse's song,
Approv'd the just resentment of their wrong;
And thus reflects: While tamely I commend
Those who their injur'd deities defend,
My own divinity affronted stands,
And calls aloud for justice at my hands;
Then takes the hint, asham'd to lag behind,
And on Arachne' bends her vengeful mind;
One at the loom so excellently skill'd,
That to the Goddess she refus'd to yield.
The Low was her birth, and small her native town,
Transformation She from her art alone obtain'd renown.
of Arachne Idmon, her father, made it his employ,
into a Spider To give the spungy fleece a purple dye:
Of vulgar strain her mother, lately dead,
With her own rank had been content to wed;
Yet she their daughter, tho' her time was spent
In a small hamlet, and of mean descent,
Thro' the great towns of Lydia gain'd a name,
And fill'd the neighb'ring countries with her fame.
Oft, to admire the niceness of her skill,
The Nymphs would quit their fountain, shade, or
hill:
Thither, from green Tymolus, they repair,
And leave the vineyards, their peculiar care;
Thither, from fam'd Pactolus' golden stream,
Drawn by her art, the curious Naiads came.
Nor would the work, when finish'd, please so much,
As, while she wrought, to view each graceful touch;
Whether the shapeless wool in balls she wound,
Or with quick motion turn'd the spindle round,
Or with her pencil drew the neat design,
Pallas her mistress shone in every line.
This the proud maid with scornful air denies,
And ev'n the Goddess at her work defies;
Disowns her heav'nly mistress ev'ry hour,
Nor asks her aid, nor deprecates her pow'r.
Let us, she cries, but to a tryal come,
And, if she conquers, let her fix my doom.
The Goddess then a beldame's form put on,
With silver hairs her hoary temples shone;
Prop'd by a staff, she hobbles in her walk,
And tott'ring thus begins her old wives' talk.
Young maid attend, nor stubbornly despise
The admonitions of the old, and wise;
For age, tho' scorn'd, a ripe experience bears,
That golden fruit, unknown to blooming years:
Still may remotest fame your labours crown,
And mortals your superior genius own;
But to the Goddess yield, and humbly meek
[...] Read more
Orlando Furioso Canto 20
ARGUMENT
Guido and his from that foul haunt retire,
While all Astolpho chases with his horn,
Who to all quarters of the town sets fire,
Then roving singly round the world is borne.
Marphisa, for Gabrina's cause, in ire
Puts upon young Zerbino scathe and scorn,
And makes him guardian of Gabrina fell,
From whom he first learns news of Isabel.
I
Great fears the women of antiquity
In arms and hallowed arts as well have done,
And of their worthy works the memory
And lustre through this ample world has shone.
Praised is Camilla, with Harpalice,
For the fair course which they in battle run.
Corinna and Sappho, famous for their lore,
Shine two illustrious light, to set no more.
II
Women have reached the pinnacle of glory,
In every art by them professed, well seen;
And whosoever turns the leaf of story,
Finds record of them, neither dim nor mean.
The evil influence will be transitory,
If long deprived of such the world had been;
And envious men, and those that never knew
Their worth, have haply hid their honours due.
III
To me it plainly seems, in this our age
Of women such is the celebrity,
That it may furnish matter to the page,
Whence this dispersed to future years shall be;
And you, ye evil tongues which foully rage,
Be tied to your eternal infamy,
And women's praises so resplendent show,
They shall, by much, Marphisa's worth outgo.
IV
To her returning yet again; the dame
To him who showed to her such courteous lore,
Refused not to disclose her martial name,
Since he agreed to tell the style be bore.
She quickly satisfied the warrior's claim;
To learn his title she desired so sore.
'I am Marphisa,' the virago cried:
All else was known, as bruited far and wide.
[...] Read more
poem by Ludovico Ariosto
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Skrying
This puzzles dead inside
Missing pieces growing eyes,
Mystery
Little girls severity,
Little boys begging mercy
Sticks break on me
Cost of life at 23
Price of pain a broken ring
All crimson
Melting body rubber world
Battle axe with locks of curls
Introverted
My cost, the price of a broken doll, can you
Remember that place
The place you would go to make things okay,
1000 points for insect stings,
Glue my spirit, break my wings,
Misery
Libido steams infectious whore,
Cauterize and forge the sword,
Remember killing.
Children, learning the secret knock, a nickel
To enter that place,
The place you would go to make things okay,
My cost, the price of a broken doll, can you
Remember that place
The place you would go to take pain away,
Games of passion taste so sweet
Cut his throat and slaughter meat,
My secrets.
Seven heads for seven seas,
Darkened voices plead disease
Dismembering me
Children, wrestle to seal the bag, storing it deep
In that place,
The place you would go and try to escape
Children, learning the secret knock, a nickel
To enter that place,
The place you would go to make things okay,
My cost, the price of a broken doll, can you
Remember that place
The place you would go to take pain away,
Skrying through reflections in a pool,
I see death coming, mowing down,
Do you remember the bedroom,
Was it your cell or was it your tomb,
Youre living through my hell
Children, learning the secret knock, a nickel
To enter that place,
The place you would go to make things okay,
[...] Read more
song performed by Mudvayne
Added by Lucian Velea
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The Unknown Eros. Book I.
I
Saint Valentine’s Day
Well dost thou, Love, thy solemn Feast to hold
In vestal February;
Not rather choosing out some rosy day
From the rich coronet of the coming May,
When all things meet to marry!
O, quick, prævernal Power
That signall'st punctual through the sleepy mould
The Snowdrop's time to flower,
Fair as the rash oath of virginity
Which is first-love's first cry;
O, Baby Spring,
That flutter'st sudden 'neath the breast of Earth
A month before the birth;
Whence is the peaceful poignancy,
The joy contrite,
Sadder than sorrow, sweeter than delight,
That burthens now the breath of everything,
Though each one sighs as if to each alone
The cherish'd pang were known?
At dusk of dawn, on his dark spray apart,
With it the Blackbird breaks the young Day's heart;
In evening's hush
About it talks the heavenly-minded Thrush;
The hill with like remorse
Smiles to the Sun's smile in his westering course;
The fisher's drooping skiff
In yonder sheltering bay;
The choughs that call about the shining cliff;
The children, noisy in the setting ray;
Own the sweet season, each thing as it may;
Thoughts of strange kindness and forgotten peace
In me increase;
And tears arise
Within my happy, happy Mistress' eyes,
And, lo, her lips, averted from my kiss,
Ask from Love's bounty, ah, much more than bliss!
Is't the sequester'd and exceeding sweet
Of dear Desire electing his defeat?
Is't the waked Earth now to yon purpling cope
Uttering first-love's first cry,
Vainly renouncing, with a Seraph's sigh,
Love's natural hope?
Fair-meaning Earth, foredoom'd to perjury!
Behold, all amorous May,
With roses heap'd upon her laughing brows,
[...] Read more
poem by Coventry Patmore
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Wisdom
Let's go to the green steps of the lawn
And do the sums of life there sitting down
If we want only profits and no losses
And all the losses turn into profits
And all the profits turn into losses
Then the scale of life, of course, dis-balances
This leads us not in paradises but, of course, in hells.
It seems to be small whatever things we gained
It seems to be big whatever things we lost
If all the lost things are gained
And all the gained things are lost
Then life is not, at a gain but definitely at a loss.
If the profits are the blissful graces
Then the losses are not less than the spices
Whatever we do on the steps sitting
All these are not sums but a bargaining
This Leads us nowhere but to do mistakes
In this we never do profits but always do losses.
poem by Abdul Wahab
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Metamorphoses: Book The Eleventh
HERE, while the Thracian bard's enchanting strain
Sooths beasts, and woods, and all the listn'ing
plain,
The female Bacchanals, devoutly mad,
In shaggy skins, like savage creatures, clad,
Warbling in air perceiv'd his lovely lay,
And from a rising ground beheld him play.
When one, the wildest, with dishevel'd hair,
That loosely stream'd, and ruffled in the air;
Soon as her frantick eye the lyrist spy'd,
See, see! the hater of our sex, she cry'd.
Then at his face her missive javelin sent,
Which whiz'd along, and brusht him as it went;
But the soft wreathes of ivy twisted round,
Prevent a deep impression of the wound.
Another, for a weapon, hurls a stone,
Which, by the sound subdu'd as soon as thrown,
Falls at his feet, and with a seeming sense
Implores his pardon for its late offence.
The Death of But now their frantick rage unbounded grows,
Orpheus Turns all to madness, and no measure knows:
Yet this the charms of musick might subdue,
But that, with all its charms, is conquer'd too;
In louder strains their hideous yellings rise,
And squeaking horn-pipes eccho thro' the skies,
Which, in hoarse consort with the drum, confound
The moving lyre, and ev'ry gentle sound:
Then 'twas the deafen'd stones flew on with speed,
And saw, unsooth'd, their tuneful poet bleed.
The birds, the beasts, and all the savage crew
Which the sweet lyrist to attention drew,
Now, by the female mob's more furious rage,
Are driv'n, and forc'd to quit the shady stage.
Next their fierce hands the bard himself assail,
Nor can his song against their wrath prevail:
They flock, like birds, when in a clustring flight,
By day they chase the boding fowl of night.
So crowded amphitheatres survey
The stag, to greedy dogs a future prey.
Their steely javelins, which soft curls entwine
Of budding tendrils from the leafy vine,
For sacred rites of mild religion made,
Are flung promiscuous at the poet's head.
Those clods of earth or flints discharge, and these
Hurl prickly branches sliver'd from the trees.
And, lest their passion shou'd be unsupply'd,
The rabble crew, by chance, at distance spy'd
Where oxen, straining at the heavy yoke,
The fallow'd field with slow advances broke;
Nigh which the brawny peasants dug the soil,
[...] Read more