cj#701> reader comments


Richard Moore

From: •••@••.•••
Date: Sat, 12 Jul 199
Subject: Re: cj#695> "Please, help us to stop cold war against Islam"

Thank you for your words of Solidarity,

God Bless you,

Fr. Labib Kobti

Date: Sat, 12 Jul 1997
From: Frank Scott <•••@••.•••>
Subject: Re: cj#696> The EU: a globalist Trojan Horse

Even worse- if that word means anything in this context - is the proposed
Multilateral Agreement on Investment (MAI), which would "free" capital to
cross borders and over-rule sovereign states-nations-communities with the
gall to, say, sue an international corp over its use and abuse of workers,
the environment, etc.

It would also allow capital to sue communities for damages if they dared to
even try to impede the force of profit, accumulation, free markets and other
deeply held religious beliefs. You, and everyone else here, ought to pay
particular attention to this one, which is moving above and past public
consciousness very quickly.


Date: Mon, 4 Aug 1997
Sender: •••@••.•••
Subject: Re: cj#700> Monopolies and predatory pricing

Richard K. Moore wrote:
> The pattern doesn't seem to be a SINGLE monopoly in a given industry, but
> rather a CLIQUE of them, as we had with NBC, CBS, and ABC in the classical
> US television industry, or with the Seven Sisters oil majors.

It's called oligopoly. This is nothing new. It's the next best thing to monopoly
because with price fixing among a few companies, it produces the same results
without being perceived as a monopoly.

Look at America's businesses.. all big money making industries are dominated by
two, three or four corporations sharing from 50% to 80% of their markets. What
is left over, are the crumbs to be shared by everyone else.

Breakfast Cerials
Soft Drinks
Broadcast Media
Fast Food

> The CLIQUE phenomenon, as opposed to a SINGLE-monopoly scenario, reveals,
> perhaps, something of the nature of international capitalism.  The apex of
> capitalist power is not INDUSTRIAL CAPITALISM, but rather FINANCE CAPITAL.
> Finance capital likes industrial monopolization, but strongly prefers the
> clique variety.

It's easy to understand why. Pure Capitalism is lending someone money for

It is the easiest way to get money for nothing. The loaner doesn't need raw
materials, there is nothing to transport, there nothing to make, no need
for quality control, no need for skilled workers who are always whining for
a living wage.

What a great fucking business! Produce nothing and make huge amounts of money
with other peoples money.

No wonder everyone wants to do it. Car companies make almost as much profits
selling loans for their cars, as they do selling cars. All the big retailers
have their own credit cards. The Mafia has been doing it for generations.
They call it loansharking.

When Capitalism devolves to the point where profits are no longer tied to the
production of real material things, then what sustains it other than momentum?

Again, look at the United States. It has become a parasitic economy. Look
at who is making money. Bankers, brokers, investors, lawyers, agents,
lobyists, politicians, actors, atheletes, singers, TV personalities,
insurers, fashion designers, models, and administrators, CEOs, and
managers. This is truly unsustainable development !



Posted by Richard K. Moore - •••@••.••• - PO Box 26   Wexford, Ireland
Browse (not FTP): ftp://ftp.iol.ie/users/rkmoore/cyberlib | (USA Citizen)
  * Non-commercial republication encouraged - Please include this sig *