Tag Archives: Communism

The European Union rose “only” 0,4 percent in Q1 of 2018

Last week I talked about America`s fantastic growth of 4,1 percent on quarter in Q2 of 2018, and this is only the beginning. It is no doubt; President Trump must be doing something right. But, what about the European Union?

GDP in the European Union rose «only» 0,4 percent on quarter in the first three months of 2018. Not much to write home about. But the growth have never been above 1 percent since the financial crisis in 2008.

The European Union reached an all time high of 1,30 percent in 1999 and that is right before the tech bubble burst. Since then it has been a dead fish, reaching an all time low of -2,60 percent in the first quarter of 2009.

At the same time we can see that the unemployment rate reached a record low of 6,80 percent in February of 2008, and that`s right before the financial crisis. It reached an all time high of 11 percent in February 2013, but in May this year it fall down to 7 percent again.

This isn`t good enough if we are living in a capitalistic world.

The European Union in Brussels are nothing more than unelected bureaucrats. Draghi and the ECB have, just like Japan and the U.S «printed» a lot of money, and will continue to do so. If they can`t turn around the ship, they need to consider a strong cheerleader.

European Commission President Jean-Claude Juncker had a meeting with President Trump last week. They were talking about trade, free trade and tariffs. Mr Trump`s goal is to make better deals so both the U.S and the EU can take more profit and prosper.

I think that the EU should be glad for that and they need to hurry up. The U.S is the world`s third biggest exporter, yet exports account «only» for 13 percent on GDP. Exports in the U.S reached an all time high of 215328 USD million in May this year, which is pretty impressive.

The EU has 28 member states and the biggest among them all is Germany (21 percent of total GDP), the United Kingdom (15 percent), and France (15 percent).

Exports of goods and services account for 46 percent of GDP while imports account for 42 percent, adding 4 percent of total GDP. But this is about to change. If the UK contribute with 15 percent of the total GDP in the EU, then what will happen to their growth after Brexit?

That being said; nor is the UK a success story. The British economy grew by 0,1 percent in the first three months of 2018 and well below 0,4 percent in the previous period. It is the lowest growth rate since a 0,1 percent contraction in Q4 2012.

The largest contribution to growth in the UK was from household spending at 0,2 percentage points. From the production side, the service industries made the largest contribution to GDP growth, followed by production.

Agriculture, the smallest component within the output approach of GDP made no contribution to growth to one decimal place, while construction deducted from GDP growth. The service industries increased by 0,3 percent.

Positive growth was recorded within all sub-sectors of the services industries; distribution, hotels and restaurants (0,1 percent vs -0,1 percent).

President Trump have repeatedly said that the EU have treated the US very bad. I have written many articles about that long before Mr Trump`s inauguration. The European Commission has fined Google €4,34 billion for breaching EU antitrust rules this month.

In May 2009, Intel was imposed with a 1,06 billion euro fined for abusing its market dominance on central processing units. Microsoft has been in trouble with the Commission on several occasions. In 2004, the Commission ruled that Microsoft had abused its market dominance.

In 208, the Commission fined Microsoft nearly 900 million euros for charging «unreasonable» royalty fees. In 2013, another fine of 561 million euros was imposed on Microsoft. This time for failing to comply with the Commission`s ruling that it had to allow users to more easily choose a prefered web browser.

The European Commission fined Facebook for 110 million euros in May this year in relation to its takeover of WhatsApp. Facebook acquired the messaging service in 2014 for $19 billion, but provided the Commission with misleading information about the acquisition.

In August 2016, the Commission ruled that tech giant Apple had received illegal tax benefits from Ireland worth up to 13 billion euros. Ireland was ordered to recover the unpaid tax from Apple, plus interest.

As early as 1966, British Politician Tony Benn said that «Communism run by commissars from Moscow did not work, and nor will capitalism run by commissioners in Brussels. Both deny people their right to develop in their own way.»

Now, under President Donald Trump, big companies like Apple are moving home to the United States with billions of dollars. Apple alone, are bringing in $230 billion. They will build new plants and a magnificent campus.

They will spend their money wisely and the money will be in the U.S. All this is possible because of Trump`s tax cuts and reforms. This is how you make growth.

 

 

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DSA are socialists because they share a vision of a humane social order based on popular control of resources and production

Democratic socialists are rising in America, but who are they? DSA stands for Democratic Socialists of America, and on their website they say that “DSA is the major organization on the American left with an all-embracing moral vision, systematic social analysis, and political praxis rooted in the quest for radical democracy, social freedom, and individual liberties.”

The party has been around since 1982, and it started as an activist organization. In the early 80`s, they had meetings and talked about Carl Marx. According to their own website they say; «….that both the economy and society should be run democratically to meet human needs, not to make profits for a few.»

DSA is founded by two organizations from the 60s and 70s, which is New American Movement and Students for a democratic society (SDS). SDS is the group that produced Bill Ayers, Bernadine Dohrn and The Weather Underground terrorist group that was responsible for 25 bombings in the early 1970`s.

In 2011, the DSA joined the Anti-fa group in the Occupy Wall Street movement from day one. At that time, the DSA had only 6,500 members, but now they have more than 24,000 members. The group has mounted a national student debt campaign. The group also supported the «Black lives matter» movement.

The Occupy Wall Street (OWS) was a protest movement that began only six days after 9/11.

The movement started in Zuccotti Park, located in New York City`s financial district, receiving global attention and spawning a surge in the movement against economic inequality worldwide.

The OWS slogan “We are the 99%,” refers to income inequality and wealth distribution in the US between the wealthiest 1% and the rest of the population.

Occupy London began in solidarity with the Occupy Wall Street protests in New York, and it was a movement for social justice and real democracy in London, England. It started 15 October 2011, and it was a part of the international Occupy movement.

Some media described it as an “anti-capitalist” movement.

They also helped raise money for the national network of abortion funds. They want free universal health care and a guarantee of basic income. Their favorite president candidate was Bernie Sanders in the 2016 election.

DSA are working to legitimize socialism as a mainstream part of US politics. On their website they say; “We are socialists because we share a vision of a humane social order based on popular control of resources and production, economic planning, equitable distribution, feminism, racial equality and non-oppressive relationships. We are socialists because we are developing a concrete strategy for achieving that vision, for building a majority movement that will make democratic socialism a reality in America.”

It says “popular control of resources and production.” That sounds to me like Carl Marx. So, what is the difference between Socialism and Communism? Lenin called himself a Democratic Socialist. He said;

“We Social-Democrats always stand for democracy, not “in the name of capitalism,” but in the name of clearing the path for our movement….”

This Lenins-phrase describes the strategy of DSA.

 

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American conservatism defend Western culture from the perceived threats posed by socialism and authoritarianism

The unemployment rate for the black people in America is at a historic low, and this is happening under President Donald Trump. The big loser in this game seems to be the Democratic Party. According to Candace Owens, the Democratic party will see a major exit by black voters leading up to the 2020 presidential election.

Candace Owens is an American conservative commentator and activist. She is known for her pro-Trump commentary, and criticism of Black Lives Matter and the Democratic Party. Conservative in the U.S is not the same as we know it in Europe and Asia. So, what is it?

First of all; the man who is best known for being conservative in the Republican Party is Ronald Reagan. He spoke from the Oval Office, outlining his plan for tax reduction in July 1981. Now, Mr Trump is doing exactly the same.

But the word conservative is often used very different from the way it is used in Europe and Asia. Following the American Revolution, Americans rejected the core ideals of European conservatism; those ideas were based on the landed aristocracy, established churches, and powerful armies.

American conservatism is a broad system of political beliefs in the United States that is characterized by respect for American traditions, republicanism, support for Judeo-Christian values, moral absolutism, and a defence of Western culture from the perceived threats posed by socialism, authoritarianism, and moral relativism.

Liberty, economic freedom, social conservatism, and promotion of Judeo-Christian ideals are core beliefs, with a particular emphasis on strengthening the free market, limiting the size and scope of government in the economy, and opposition to high taxes and government or labor union encroachment on the entrepreneur.

American conservatives consider individual liberty, within the bounds of conformity to American values, as the fundamental trait of democracy, which contrasts with modern American liberals, who generally place a greater value on equality and social justice.

American conservatism originates from republicanism, which rejected aristocratic and monarchical government based on the principles of the Declaration of Independence of 1776, which stated that

“All men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the Pursuit of Happiness.”

In 1789, the Constitution of United States established a Federal Republic under the rule of law. All major American political parties are based on these two documents. Conservative activists to this day occasionally dress in costumes from the Revolutionary era and celebrate revolutionary episodes such as the Boston Tea Party.

Conservative philosophy also has continuity to the classical liberal tradition of the 18th and 19th centuries, which advocated for laissez-faire economics, also called economic freedom and deregulation.

The conservative movement of the 1950`s attempted to bring together these divergent strands, stressing the need for unity to prevent the spread of “godless communism.”

Through much of the 20th century, a primary force uniting the varied strands of conservatism, and uniting conservatives with liberals and socialists, was opposition to communism, which was seen not only as an enemy of the traditional order, but also the enemy of Western freedom and democracy.

Thus it was the British Labour government, which embraced socialism, that pushed the Truman administration in 1945-1947 to take a strong stand against Soviet Communism.

In the 21th century United States has different types of conservatism, which is first of all; Christian conservatism. They are primarily interested in family values. Fiscal conservatism focuses on low taxes and restrained government spending.

Neoconservative is a modern form of conservatism that supports a more assertive, interventionist foreign policy, aimed at promoting democracy abroad. It is tolerant of an activist government at home, but is focused mostly on international affairs.

The 1980`s and beyond became known as the «Reagan Era.» Typically, conservative politics and spokesmen in the 21st century proclaim their devotion to Reagan`s ideals and policies on most social, economic and foreign policy issues.

Now, we are living in a “Trump Era.” Some say it is Populism, but I will rather call it “Trumpism.”

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Socialists across the rich world aligned themselves with a range of liberation movements

Socialist parties became a dominant political force after the world wars in much of Western Europe. Along with communism, socialism also came in various forms in the newly recolonized countries of Africa, Asia and the Middle East.

Socialists across the rich world aligned themselves with a range of liberation movements. In the U.S, many, though by no means all, feminist and civil rights leaders have espoused aspects of socialism. On the other hand, socialism has acted as an incubator for movements that are generally labeled far-right.

 

 

European fascists in the 1920s and 1930s adopted socialist ideas, though they phrased them in nationalist terms: economic redistribution to the workers specifically meant Italian or German workers and then only a certain, narrow type of Italian or German.

In today`s political contests, echoes of socialism – or economic populism, to critics, are easily discernible on the both the right and left.

Communism and socialism are economic and political structures that promote equality and seek to eliminate social classes. The two are interchangeable in some ways, but different in others.

In a communist society, there are no wealthy or poor people. All are equal.

Like communism, socialisms main focus is on equality. Workers receive what they need to produce and survive, but theres no incentive to achieve more, leaving little motivation.

The United Kingdom provides basic needs like healthcare to everyone regardless of their time or effort at work. In the U.S, welfare and the public education system are a form of socialism.

Both are the opposite of capitalism, where limitations don`t exist and reward comes to those who go beyond the minimum. In capitalist societies, owners are allowed to keep the excess production they earn.

Competition occurs naturally, which fosters advancement. Capitalism tends to create a sharp divide between the wealthiest citizens and the poorest, however, with the wealthiest owning the majority of the nation`s resources.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Swedish prime minister Olof Palme was a Democratic socialist and talked about immigration in 1965

Swedish prime minister Olof Palme was murdered on February 28, 1986. A few years earlier, on December 25, 1965, he gave a national radio speech on the subject of immigration. His words are more relevant today than ever before.

Olof Palme said: We respect the fundamental rights and freedoms. Turbid racial theories have never gained foothold. Prejudice is always rooted in everyday life. It grows in the workplace and in the neighbourhood.

It gives went to ones own failures and disappointments. Above all, it is an expression of ignorance and fear. Ignorance regarding other people`s uniqueness. Fear of losing a position, a social privilege, a prior right.

Of course, skin colour, race, language and birthplace have nothing to do with human qualities. To grade people using such a yardstick is in glaring conflict with principles of human equality. But it is shamefully simple to make use of for the one who feels inferior.

Olof Palme was a Democratic socialist with pride and joy. He became one when he traveled around India and saw the terrible poverty, even though some were tremendously rich. At the same time, he also saw an even more degrading poverty in the U.S.

When he, as a young boy, stood eye to eye with communism`s lack of freedom and oppression and human persecution in the communist states, and when he went to the Nazi`s concentration camps and saw the death records of social democrats and union members, he became a Democratic socialist.

He said in a speech that he was strengthened in his conviction when he saw the right-wing politics, in country after country, expel people to unemployment and ruin their sense of security. Our solidarity becomes weaker and egoism stronger. It is about solidarity and consideration among people, he said.

May Olof Palme rest in peace, but his message live on…….

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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