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Author Topic: All about bitcoin except in name  (Read 762 times)
MoonShadow
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July 16, 2012, 09:34:46 PM
 #1

http://www.forbes.com/sites/jerrybowyer/2012/07/08/july-4th-question-part-iii-americans-revolt-billions-of-times-a-day/

Really about the 'System D' economy, of which Bitcoin is a small part.

http://en.wikipedia.org/wiki/System_D

"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 meetings and conferences. The apex of the systems 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. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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myrkul
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July 16, 2012, 11:47:11 PM
 #2


Also known as Counter-economics.

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July 17, 2012, 12:07:32 AM
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I don't know if I quite agree.  The thing is that counter-economics or agorism is a deliberate action on the part of the parties engaged in business, as a means of undermining the health of the state.  While agorism could be included in System D, not all such System D economic activity could be considered agorism; since most of it is simply economic actors avoiding the state for personal reasons, not political activism.

"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 meetings and conferences. The apex of the systems 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. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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July 17, 2012, 12:29:22 AM
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I don't know if I quite agree.  The thing is that counter-economics or agorism is a deliberate action on the part of the parties engaged in business, as a means of undermining the health of the state.  While agorism could be included in System D, not all such System D economic activity could be considered agorism; since most of it is simply economic actors avoiding the state for personal reasons, not political activism.

Konkin's opinion (and I agree) was that any economic activity where the state was avoided intentionally was counter-economics, but most people who did so just didn't know. Personal or political goals, the result is the same. You're right that it's not necessarily Agorism, though, Agorism is the purposeful seeking of counter-economic activity for political goals.

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