Moral Bankruptcy: Convicted Ex-Speaker Tom "The Hammer" DeLay

The real scandal of Tom DeLay

May 09, 2005

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Forget the freebie trips across the Atlantic and the Pacific. Forget the casinos and the allegedly illicit contributions -- they represent only degrees of avarice.
To grasp the moral bankruptcy of the public Tom DeLay, the House majority leader, you only have to know about Frank Murkowski and Saipan.
Today, Frank Murkowki is the governor of Alaska, but from 1980 to 2002, he was a conservative Republican senator from Alaska.
How conservative? His voting record earned him zero ratings from organized labor's AFL-CIO and the liberal Americans for Democratic Action, and perfect 100s from the U.S. Chamber of Commerce and the American Conservative Union.

But as chairman of the Senate Energy and Natural Resources Committee, Frank Murkowski became furious at the abusive sweatshop conditions endured by workers, overwhelmingly immigrants, in the U.S. territory of the Northern Mariana Islands, of which Saipan is the capital.
Because they were produced in a territory of the United States, garments traveled tariff-free and quota-free to the profitable U.S. market and were entitled to display the coveted "Made in the USA" label.
Among the manufacturers that had profited from the un-free labor market on the island were Tommy Hilfiger USA, Gap, Calvin Klein and Liz Claiborne.
Moved by the sworn testimony of U.S. officials and human-rights advocates that the 91 percent of the workforce who were immigrants -- from China, the Philippines, Sri Lanka and Bangladesh -- were being paid barely half the U.S. minimum hourly wage and were forced to live behind barbed wire in squalid shacks minus plumbing, work 12 hours a day, often seven days a week, without any of the legal protections U.S. workers are guaranteed, Murkowski wrote a bill to extend the protection of U.S. labor and minimum-wage laws to the workers in the U.S. territory of the Northern Marianas.
So compelling was the case for change the Alaska Republican marshaled that in early 2000, the U.S. Senate unanimously passed the Murkowski worker reform bill.
But one man primarily stopped the U.S. House from even considering that worker-reform bill: then-House Republican Whip Tom DeLay.
According to law firm records recently made public, lobbyist Jack Abramoff, paid millions to stop reform and keep the status quo, met personally at least two dozen times with DeLay on the subject in one two-year period. The DeLay staff was often in daily contact with Abramoff.

May Day: as "American" as baseball and apple pie

The Brief Origins of May Day

By Eric Chase - 1993.

Most people living in the United States know little about the International Workers' Day of May Day. For many others there is an assumption that it is a holiday celebrated in state communist countries like Cuba or the former Soviet Union. Most Americans don't realize that May Day has its origins here in this country and is as "American" as baseball and apple pie, and stemmed from the pre-Christian holiday of Beltane, a celebration of rebirth and fertility.

In the late nineteenth century, the working class was in constant struggle to gain the 8-hour work day. Working conditions were severe and it was quite common to work 10 to 16 hour days in unsafe conditions. Death and injury were commonplace at many work places and inspired such books as Upton Sinclair's The Jungle and Jack London's The Iron Heel. As early as the 1860's, working people agitated to shorten the workday without a cut in pay, but it wasn't until the late 1880's that organized labor was able to garner enough strength to declare the 8-hour workday. This proclamation was without consent of employers, yet demanded by many of the working class.

At this time, socialism was a new and attractive idea to working people, many of whom were drawn to its ideology of working class control over the production and distribution of all goods and services. Workers had seen first-hand that Capitalism benefited only their bosses, trading workers' lives for profit. Thousands of men, women and children were dying needlessly every year in the workplace, with life expectancy as low as their early twenties in some industries, and little hope but death of rising out of their destitution. Socialism offered another option.

A variety of socialist organizations sprung up throughout the later half of the 19th century, ranging from political parties to choir groups. In fact, many socialists were elected into governmental office by their constituency. But again, many of these socialists were ham-strung by the political process which was so evidently controlled by big business and the bi-partisan political machine. Tens of thousands of socialists broke ranks from their parties, rebuffed the entire political process, which was seen as nothing more than protection for the wealthy, and created anarchist groups throughout the country. Literally thousands of working people embraced the ideals of anarchism, which sought to put an end to all hierarchical structures (including government), emphasized worker controlled industry, and valued direct action over the bureaucratic political process. It is inaccurate to say that labor unions were "taken over" by anarchists and socialists, but rather anarchists and socialist made up the labor unions.

At its national convention in Chicago, held in 1884, the Federation of Organized Trades and Labor Unions (which later became the American Federation of Labor), proclaimed that "eight hours shall constitute a legal day's labor from and after May 1, 1886." The following year, the FOTLU, backed by many Knights of Labor locals, reiterated their proclamation stating that it would be supported by strikes and demonstrations. At first, most radicals and anarchists regarded this demand as too reformist, failing to strike "at the root of the evil." A year before the Haymarket Massacre, Samuel Fielden pointed out in the anarchist newspaper, The Alarm, that "whether a man works eight hours a day or ten hours a day, he is still a slave."

Despite the misgivings of many of the anarchists, an estimated quarter million workers in the Chicago area became directly involved in the crusade to implement the eight hour work day, including the Trades and Labor Assembly, the Socialistic Labor Party and local Knights of Labor. As more and more of the workforce mobilized against the employers, these radicals conceded to fight for the 8-hour day, realizing that "the tide of opinion and determination of most wage-workers was set in this direction." With the involvement of the anarchists, there seemed to be an infusion of greater issues than the 8-hour day. There grew a sense of a greater social revolution beyond the more immediate gains of shortened hours, but a drastic change in the economic structure of capitalism.

In a proclamation printed just before May 1, 1886, one publisher appealed to working people with this plea:

Workingmen to Arms!
War to the Palace, Peace to the Cottage, and Death to LUXURIOUS IDLENESS.
The wage system is the only cause of the World's misery. It is supported by the rich classes, and to destroy it, they must be either made to work or DIE.
One pound of DYNAMITE is better than a bushel of BALLOTS!
MAKE YOUR DEMAND FOR EIGHT HOURS with weapons in your hands to meet the capitalistic bloodhounds, police, and militia in proper manner.

Not surprisingly the entire city was prepared for mass bloodshed, reminiscent of the railroad strike a decade earlier when police and soldiers gunned down hundreds of striking workers. On May 1, 1886, more than 300,000 workers in 13,000 businesses across the United States walked off their jobs in the first May Day celebration in history. In Chicago, the epicenter for the 8-hour day agitators, 40,000 went out on strike with the anarchists in the forefront of the public's eye. With their fiery speeches and revolutionary ideology of direct action, anarchists and anarchism became respected and embraced by the working people and despised by the capitalists.

The names of many - Albert Parsons, Johann Most, August Spies and Louis Lingg - became household words in Chicago and throughout the country. Parades, bands and tens of thousands of demonstrators in the streets exemplified the workers' strength and unity, yet didn't become violent as the newspapers and authorities predicted.

More and more workers continued to walk off their jobs until the numbers swelled to nearly 100,000, yet peace prevailed. It was not until two days later, May 3, 1886, that violence broke out at the McCormick Reaper Works between police and strikers.

For six months, armed Pinkerton agents and the police harassed and beat locked-out steelworkers as they picketed. Most of these workers belonged to the "anarchist-dominated" Metal Workers' Union. During a speech near the McCormick plant, some two hundred demonstrators joined the steelworkers on the picket line. Beatings with police clubs escalated into rock throwing by the strikers which the police responded to with gunfire. At least two strikers were killed and an unknown number were wounded.
                                                                                    

Full of rage, a public meeting was called by some of the anarchists for the following day in Haymarket Square to discuss the police brutality. Due to bad weather and short notice, only about 3000 of the tens of thousands of people showed up from the day before. This affair included families with children and the mayor of Chicago himself. Later, the mayor would testify that the crowd remained calm and orderly and that speaker August Spies made "no suggestion... for immediate use of force or violence toward any person..."

As the speech wound down, two detectives rushed to the main body of police, reporting that a speaker was using inflammatory language, inciting the police to march on the speakers' wagon. As the police began to disperse the already thinning crowd, a bomb was thrown into the police ranks. No one knows who threw the bomb, but speculations varied from blaming any one of the anarchists, to an agent provocateur working for the police.

Enraged, the police fired into the crowd. The exact number of civilians killed or wounded was never determined, but an estimated seven or eight civilians died, and up to forty were wounded. One officer died immediately and another seven died in the following weeks. Later evidence indicated that only one of the police deaths could be attributed to the bomb and that all the other police fatalities had or could have had been due to their own indiscriminate gun fire. Aside from the bomb thrower, who was never identified, it was the police, not the anarchists, who perpetrated the violence.

Eight anarchists - Albert Parsons, August Spies, Samuel Fielden, Oscar Neebe, Michael Schwab, George Engel, Adolph Fischer and Louis Lingg - were arrested and convicted of murder, though only three were even present at Haymarket and those three were in full view of all when the bombing occurred. The jury in their trial was comprised of business leaders in a gross mockery of justice similar to the Sacco-Vanzetti case thirty years later, or the trials of AIM and Black Panther members in the seventies. The entire world watched as these eight organizers were convicted, not for their actions, of which all of were innocent, but for their political and social beliefs. On November 11, 1887, after many failed appeals, Parsons, Spies, Engel and Fisher were hung to death. Louis Lingg, in his final protest of the state's claim of authority and punishment, took his own life the night before with an explosive device in his mouth.

The remaining organizers, Fielden, Neebe and Schwab, were pardoned six years later by Governor Altgeld, who publicly lambasted the judge on a travesty of justice. Immediately after the Haymarket Massacre, big business and government conducted what some say was the very first "Red Scare" in this country. Spun by mainstream media, anarchism became synonymous with bomb throwing and socialism became un-American. The common image of an anarchist became a bearded, eastern European immigrant with a bomb in one hand and a dagger in the other.

Today we see tens of thousands of activists embracing the ideals of the Haymarket Martyrs and those who established May Day as an International Workers' Day. Ironically, May Day is an official holiday in 66 countries and unofficially celebrated in many more, but rarely is it recognized in this country where it began.

Over one hundred years have passed since that first May Day. In the earlier part of the 20th century, the US government tried to curb the celebration and further wipe it from the public's memory by establishing "Law and Order Day" on May 1. We can draw many parallels between the events of 1886 and today. We still have locked out steelworkers struggling for justice. We still have voices of freedom behind bars as in the cases of Mumia Abu Jamal and Leonard Peltier. We still had the ability to mobilize tens of thousands of people in the streets of a major city to proclaim "THIS IS WHAT DEMOCRACY LOOKS LIKE!" at the WTO and FTAA demonstrations.
Words stronger than any I could write are engraved on the Haymarket Monument:


THE DAY WILL COME WHEN OUR SILENCE WILL BE MORE POWERFUL THAN THE VOICES YOU ARE THROTTLING TODAY.                  

Truly, history has a lot to teach us about the roots of our radicalism. When we remember that people were shot so we could have the 8-hour day; if we acknowledge that homes with families in them were burned to the ground so we could have Saturday as part of the weekend; when we recall 8-year old victims of industrial accidents who marched in the streets protesting working conditions and child labor only to be beat down by the police and company thugs, we understand that our current condition cannot be taken for granted - people fought for the rights and dignities we enjoy today, and there is still a lot more to fight for. The sacrifices of so many people can not be forgotten or we'll end up fighting for those same gains all over again. This is why we celebrate May Day.

IWW.org Editor

 Posted Tue, 05/10/2005 

The Irish Invasion Myths by T W Rolleston

The Irish Invasion Myths

by T W Rolleston

 http://www.ardue.org.uk/library/book5/invasion.html#cont

David Rumsey Map Collection

 http://www.davidrumsey.com/search?term=virginia

 

 

 

 

Russian Northern Fleet scientists: " BP Oil Spill Disaster are “beyond catastrophic”

6:31pm Aug 25

 

Russia Issues Apocalyptic Warning : US Gulf Coast    Macondo had released about 4.9 million  of crude oil. Americans have to turn to Russian news sources In this aerial photo taken Wednesday, April 21, 2010 in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, an oil slick is seen as the Deepwater Horizon oil rig burns. (AP Photo/Gerald Herbert, file) AP                    how times have changed... A shocking report from Russian Northern Fleet scientists aboard the Gepard Akula II, which just completed its maiden voyage off the United States coastline in the Gulf of Mexico, warns the after effects from the 20 April 2010 BP Oil Spill Disaster are “beyond catastrophic” and borders on the “truly apocalyptic.” The Gepard Akula II nuclear-powered submarine [photo 2nd right] is the most advanced stealth underwater vessel ever built and began its sea trials last month in the Gulf of Mexico where it went undetected by US Naval Forces for weeks until it had left the region and resurfaced in the Atlantic Ocean much to the embarrassment of the Americans. US national security expert Normal Polmar when asked to comment on the exploits of the Gepard Akula II was quoted by the Washington Free Beacon News Service as saying: “Sending a nuclear-propelled submarine into the Gulf of Mexico-Caribbean region is another manifestation of President Putin demonstrating that Russia is still a player on the world’s political-military stage.” These Northern Fleet reports, however, state that the Gepard Akula II’s mission was not one of power, but rather economics as Russia continues to weigh buying BP’s Gulf of Mexico oil assets which they are now asking $7.9 billion for. Though some in the West continue to speculate that Putin will heal his estrangement with BP since his government has maintained a stance of active aggression against them for the continued lies and deceptions made over their failed THK-BP project, other sources within the Kremlin have long maintained BP has been actively working with the Obama regime to finalize a Gulf of Mexico oil deal so the Americans could then blame Russia for any future damage done to this region. Putin’s ordering of the Gepard Akula II to the Gulf of Mexico, and a potential confrontation with US Naval Forces, this report says, was based on Russian scientists belief that the damage done to the sea floor was not reparable and that for the last over two years the Americans have continued to use chemicals to disperse the still leaking oil. Macondo oil slick According to this report, these fears were confirmed when the Gepard Akula II detected US Naval Forces delivering hundreds of thousands of gallons of oil chemical dispersements to the leaking BP wellhead which, unfortunately, were carried off their scheduled course by Hurricane Ernesto causing the deaths of millions of fish [photo bottom right] that washed up on the beaches in Galveston, Texas this past weekend. Unbeknownst to the American people about the BP disaster were emails discovered between the White House and BP wherein they both agreed to set the number of the total amount of oil leaking into the Gulf of Mexico at 5,000 barrels a day when they knew the real amount was higher than 25,000 leading to one of the largest cover-ups in US history. On the second anniversary of the BP Gulf of Mexico oil disaster Russia Today reported that this massive cover-up was still ongoing leaving the American people to believe this worst ecological catastrophe in their history was over. Far from it, however, and as we can, in part read from one American report: “Eyeless shrimp, fish with oozing sores and other mutant creatures found in the Gulf of Mexico are raising concerns over lingering effects of the BP oil spill. On April 20, 2010, an explosion aboard the BP-leased Deepwater Horizon rig killed 11 people and spewed an estimated 4.9 million barrels into the Gulf, in the worst offshore oil spill in U.S. history. Eyeless porpoise in Gulf of Mexico. April 20012 Two years later, scientists and commercial fishers alike are finding shrimp, crab and fish that they believe have been deformed by the chemicals unleashed in the spill, according to an extensive report by Al Jazeera English. “At the height of the last white shrimp season, in September, one of our friends caught 400 pounds of these,” Tracy Kuhns, a commercial fisher from Barataria, La., told Al Jazeera, showing a sample of the eyeless shrimp. ‘Eyeless fish, and fish lacking even eye sockets, and fish with lesions, fish without covers over their gills….’ – Darla Rooks, Louisiana fisher Darla Rooks, another lifelong fisher from Port Sulfur, La., told the broadcaster she was seeing “eyeless fish, and fish lacking even eye sockets, and fish with lesions, fish without covers over their gills and others with large pink masses hanging off their eyes and gills.” Rooks added that she had never seen such deformities in Gulf waters in her life — a refrain common to most fishers featured in the report — and said her seafood catch last year was “ten percent what it normally is.” A survey led by the University of South Florida after the spill found that between two and five percent of fish in the Gulf now have skin lesions or sores, compared to data from before the spill, when just one-tenth of one percent of fish had any growths or sores.” To the outrage the American people should have over this catastrophe there is nothing to be seen as those who know the truth won’t tell or report it, and those who know they’re being lied to won’t bother to learn the facts. Oil in the Gulf of Mexico of Mexico  http://www.eutimes.net/2012/08/russia-issues-apocalyptic-warning-for-us-gulf-coast/?utm_source=feedburner          http://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill

U.S. Wind Energy Production and Manufacturing Surges, Supporting Jobs and Diversifying U.S. Energy Economy

Energy Report:

August 14, 2012 - 9:00am

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WASHINGTON – The Energy Department released a new report today highlighting strong growth in the U.S. wind energy market in 2011, increasing the U.S. share of clean energy and supporting tens of thousands of jobs, underscoring the importance of continued policy support and clean energy tax credits.These steps will ensure that the manufacturing and jobs associated with this booming global industry remain in America.  

 According to the 2011 Wind Technologies Market Report, the United States remained one of the world’s largest and fastest growing wind markets in 2011. Wind power represents a remarkable 32 percent of all new electric capacity additions in the United States last year and accounting for $14 billion in new investment.  

 The report states that the percentage of wind equipment made in America also increased dramatically.  Nearly seventy percent of the equipment installed at U.S. wind farms last year – including wind turbines and components like towers, blades, gears, and generators - are now from domestic manufacturers. This is doubled from 35 percent in 2005.  

President Obama has made clear that clean, renewable wind energy is a critical part of an all-of-the-above energy strategy that aims to develop more secure, domestic energy sources, while strengthening American manufacturing. 

“This report shows that America can lead the world in the global race to manufacture and deploy clean energy technologies,” said Energy Secretary Steven Chu.  “The wind industry employs tens of thousands of American workers and has played a key role in helping to more than double wind power over the last four years. To ensure that this industry continues to stay competitive, President Obama has called on Congress to extend the successful clean energy tax credits, which are benefiting businesses and manufacturers nationwide.”

The report finds that in 2011, roughly 6,800 megawatts (MW) of new wind power capacity was added to the U.S. grid, a 31 percent increase from 2010 installations.  The United States’ wind power capacity reached 47,000 MW by the end of 2011 and has since grown to 50,000 MW, enough electricity to power 13 million homes annually or as many as in Nevada, Colorado, Wisconsin, Virginia, Alabama, and Connecticut combined. 

The country’s cumulative installed wind energy capacity grew 16 percent from 2010, and has increased more than18-fold since 2000.  The report also finds that six states now meet more than 10 percent of their total electricity needs with wind power.

The growth in the industry has also led directly to more American jobs throughout a number of sectors and at factories across the country.  According to industry estimates, the wind sector employs 75,000 American workers, including workers at manufacturing facilities up and down the supply chain, as well as engineers and construction workers who build and operate the wind farms.

Technical innovation allowing for larger wind turbines with longer, lighter blades has steadily improved wind turbine performance and increased the efficiency of power generation from wind energy.  At the same time, wind project capital and maintenance costs continue to decline, driving U.S. manufacturing competitiveness on the global market. For new wind projects deployed last year, the price of wind under long-term power purchase contracts with utilities averaged 40 percent lower than in 2010 and about 50 percent lower than in 2009, making wind competitive with a range of wholesale power prices seen in 2011.

Despite these recent technical and infrastructure improvements and continued growth in 2012, the report finds that 2013 may see a dramatic slowing of domestic wind energy deployment due in part to the possible expiration of federal renewable energy tax incentives. 

The Production Tax Credit (PTC), which provides an important tax credit to wind producers in the United States and has helped drive the industry’s growth, is set to expire at the end of this year. The wind industry projects that 37,000 jobs could be lost if the PTC expires. 

Working in tandem with the PTC, the Advanced Energy Manufacturing Tax Credit provides a 30 percent investment credit to manufacturers who invest in capital equipment to make components for clean energy projects in the United States. President Obama has called for an extension of these successful tax credits to ensure America leads the world in manufacturing the clean energy technologies of the future.

View an interactive map of U.S. wind manufacturing facilities HERE.  

See the full annual report and download underlying data produced by the Energy Department’s Lawrence Berkeley National Laboratory HERE.

America's Attention Deficit Disorder by David Korten

 In highly unequal societies, the very rich are prone to seek affirmation  of their personal worth through extravagant 
displays of excess.”

  by David Korten

 YES! magazine Op-ed

The political debate in the United States and Europe has focused attention on public financial deficits and how best to resolve them. Tragically, the debate largely ignores the deficits that most endanger our future.

In the United States, as Republican deficit hawks tell the story, “America is broke. We must cut government spending on social programs we cannot afford. And we must lower taxes on Wall Street job creators so they can invest to get the economy growing, create new jobs, increase total tax revenues, and eliminate the deficit.”

Democrats respond, “Yes, we’re pretty broke, but the answer is to raise taxes on Wall Street looters to pay for government spending that primes the economic pump by putting people to work building critical infrastructure and performing essential public services. This puts money in people’s pockets to spend on private sector goods and services and is our best hope to grow the economy.”

Democrats have the better side of the argument, but both sides have it wrong on two key points.

• First, both focus on growing GDP, ignoring the reality that under the regime of Wall Street rule, the benefits of GDP growth over the past several decades have gone almost exclusively to the 1 percent—with dire consequences for democracy and the health of the social and natural capital on which true prosperity depends. 
• Second, both focus on financial deficits, which can be resolved with relative ease if we are truly serious about it; and ignore far more dangerous and difficult-to-resolve social and environmental deficits. I call it a case of deficit attention disorder.

To achieve the ideal of a world that secures health and prosperity for all people for generations to come, we must reframe the public debate about the choices we face as a nation and as a species. We must measure economic performance against the outcomes we really want, give life priority over money, and recognize that money is a means, not an end.

What We Borrow from Each Other

To realistically address the nature of the public financial deficits at the center of the current political debate, it is crucial to understand the nature of money and debt. Money is just a number, a system of accounting useful in facilitating economic exchange. A deficit occurs when expenditures exceed income. If, as a result, financial liabilities come to exceed financial assets, we go into debt. It is all basic accounting.  

The key point, which the deficit debates rarely address, is that one person or entity’s financial debt is another person or entity’s financial asset. We can only borrow money from each other. The idea that we borrow money from the future is an illusion.

From a societal perspective, total debts and assets are always in balance. Consequently, if we say that one person or entity has excessive financial debt, we in effect say that another has excessive financial assets. Reducing the aggregate financial debt of debtors necessarily requires reducing the aggregate financial assets of the creditors.

In theory, we could instantly wipe away all financial debts through a universal forgiveness, a modern equivalent of the ancient institution of the Jubilee. The ancients recognized the significance of such action to restore the balance essential to the healthy function of the human community.

The deficit-hawks recoil in horror and assure us that we can reduce government debt while leaving the financial assets of the rich untouched. It makes perfect sense in the fantasy world of pure finance in which profits and the financial assets of the rich grow perpetually even as growing inequality and wasteful material consumption deplete the social capital of community and the natural capital of Earth’s biosphere.

A viable human future, however, must be based on living world realities rather than financial world fantasies.

What We Steal from Future Generations

Any normally intelligent 12-year-old is fully capable of understanding the distinction between a living forest or fishery and a system of financial accounts that exists only as electronic traces on a computer hard drive. Unfortunately, this simple distinction seems to be beyond the comprehension of the economists, pundits, and politicians who frame the public debate on economic policy. By referring to financial assets as “capital” and treating them as if they had some intrinsic worth beyond their value as a token of exchange, they sustain the deception that Wall Street is creating wealth rather than manipulating the financial system to accumulate accounting claims against wealth it had no part in creating.

Real capital assets have productive value in their own right and cannot be created with a computer key stroke. The most essential forms of real capital are social capital (the bonds of trust and caring essential to healthy community function) and biosystem capital (the living systems essential to Earth’s capacity to support life). We are depleting both with reckless abandon.

• Social capital is the foundation of our human capacity to innovate, produce, engage in cooperative problem solving, manage Earth’s available natural wealth to meet the needs of all, and live together in peace and shared prosperity. Social capital is depleted as individualistic greed becomes the prevailing moral standard and the governing institutions of society deprive all but a privileged minority of access to a secure and dignified means of living. Once it is depleted, social capital can take generations to restore.

• Biosystem capital provides a continuing supply of breathable air, drinkable water, soils to grow our food, forests to produce our timber, oceans teeming with fish, grassland that feed our livestock, sun, wind, and geothermal to provide our energy, climate stability, and much else essential to human survival, health, and happiness. It is depleted when soils are degraded, oceans are overfished, rivers and lakes are polluted, forests cut down, aquifers contaminated and depleted, and climate stabilization systems disrupted. These natural systems can take thousands, even millions of years to restore. Species extinction is forever.

According to the World Wildlife Federation’s 2012 Living Planet Report, at the current rate of consumption, “it is taking 1.5 years for the Earth to fully regenerate the renewable resources that people are using in a single year. Instead of living off the interest, we are eating into our natural capital.” This is a path to never-never land. Unlike with financial deficits, simple debt forgiveness is not an option.

When we deplete Earth’s bio-capacity—its capacity to support life in its many varied forms—we are not borrowing from the future; we are stealing from the future. Even though it is the most serious of all human-caused deficits, it rarely receives mention in current political debates.

When we assess economic performance by growth in GDP and stock price indices, we in effect manage the economy to make the most money for people who have the most money. This leads us to the fanciful belief that as a society we are getting richer. In fact, we are impoverishing both current and future generations by creating an unconscionable concentration of economic power, depriving billions of people of a secure and dignified means of living, and destroying the social and biosystem capital on which our real well-being depends.

With proper care and respect, biosystem capital can provide essential services in perpetuity. The reckless devastation of productive lands and waters for a quick profit, a few temporary jobs, and a one-time energy fix from Earth’s non-renewable fossil energy resources represent truly stupid and morally reprehensible deficit spending. Evident current examples include tar sand oil extraction, deep sea oil drilling, hydraulic fracturing to extract natural gas, and mountaintop removal coal mining The fact that we thereby deepen human dependence on finite nonrenewable fossil energy reserves and accelerate climate disruption make such actions all the more stupid and immoral.

Financial system logic, which rests on the illusion that money is wealth, tells us we are making intelligent choices. Living systems logic tells us our current choices are insane and a crime against future human generations and creation itself.

From Built-to-Loot to Built-to-Serve

The economy of a just and sustainable society needs a proper system of money creation and allocation that:

1. Supports the health and productive function of social and biosystem capital and allocates the sustainable generative output of both to optimize the long-term health and well-being of all; and
2. Rewards individuals with financial credits in proportion to their actual productive contribution to living system health and prosperity.

The current U.S. money system does exactly the opposite. It celebrates and rewards the destruction of living capital to grow the financial assets of Wall Street looters at the expense of Main Street producers—thus concentrating economic and political power in the hands of those most likely to abuse it for a purely individualist short-term gain.

Wall Street operates as a criminal syndicate devoted to the theft of that to which it has no rightful claim. It then bribes politicians to shield the looters from taxes on their ill-gotten gains and to eliminate social programs that cushion the blow to those they have deprived of a secure and meaningful means of livelihood. This brings us back to the real source and consequence of excess financial debt.

Masters and Debt Slaves

In the big picture, the Wall Street 1 percent has divided society into a looter class that controls access to money and a producer class forced into perpetual debt slavery—an ancient institution that for millennia has allowed the few to rule the many [See inset: “Wall Street and the Ultimate Tyranny”] .The immense burden imposed on the 99 percent by public debt, consumer debt, mortgage debt, and student debt is an outcome of a Wall Street assault on justice and democracy.

The resulting desperation and loss of social trust account for the many current symptoms of social disintegration and decline in ethical standards. These include growth in family breakdown, suicide, forced migration, physical violence, crime, drug use, and prison populations.

Equality as a Crucial Variable

I grew up in America during a time when we took pride in being a middle-class society without extremes of wealth and poverty. In part, we were living an illusion. Large concentrations of private wealth were intact and systemic discrimination excluded large segments of the population—particularly people of color—from participation in the general prosperity. The underlying concept that the good society is an equitable society, however, was and still is valid. And from the 1950s to the 1970s the middle class expanded.

Complete equality is neither possible nor desirable. Modest inequality creates essential incentives for productive contribution to the well-being of the community. Extreme inequality, as exemplified by current U.S. society, is both a source and an indicator of serious institutional failure and social pathology.

British epidemiologist Richard Wilkinson has compiled an impressive body of research that demonstrates beyond any reasonable doubt that economic and social inequality is detrimental to human physical and mental health and happiness—even for the very rich. Relatively equal societies are healthier on virtually every indicator of individual and social health and well-being.

In highly unequal societies, the very rich are prone to seek affirmation of their personal worth through extravagant displays of excess. They easily lose sight of the true sources of human happiness, sacrifice authentic relationships, and deny their responsibility to the larger society—at the expense of their essential humanity. At the other extreme, the desperate are prone to manipulation by political demagogues who offer simplistic analyses and self-serving solutions that in the end further deepen their misery. Governing institutions lose legitimacy. Democracy becomes a charade. Moral standards decline. Civic responsibility gives way to extreme individualism and disregard for the rights and well-being of others.

To achieve true prosperity, we must create economies grounded in a living systems logic that recognizes three fundamental truths:

• The economy’s only valid purpose is to serve life.
• Equality is foundational to healthy human communities and a healthy human relationship to Earth’s biosphere.
• Money is a means, not an end.

A New Political Narrative and Agenda

Runaway public deficits are but one symptom of a profound system failure. They can easily be resolved by taxing the unearned spoils of the Wall Street looters, eliminating corporate subsidies and tax havens, and cutting military expenditures on pointless wars that undermine our security. 

Joblessness can easily be eliminated by putting the unemployed and underemployed to work meeting a vast range of unmet human needs from rebuilding and greening our physical infrastructure to providing essential human services, eliminating dependence on fossil fuels, and converting to systems of local organic food production. If the primary constraint is money, the Federal Reserve can be directed to create it and channel it to priority projects through a national infrastructure bank—a move that avoids enriching the bankers and does not create more debt.

In addition, we must:

1. Break up concentrations of unaccountable power.
2. Shift the economic priority from making money to serving life by replacing financial indicators with living wealth indicators as the basis for evaluating economic performance.
3. Eliminate extremes of wealth and poverty to create a true middle-class society.
4. Build a culture of mutual trust and caring.
5. Create a system of economic incentives that reward those who do productive work and penalize predatory financial speculation.
6. Restructure the global economy into a planetary system of networked bioregional economies that share information and technology and organize to live within their respective environmental means.

Within a political debate defined by the logic of living systems, such measures are simple common sense. Within a political debate defined by conventional financial logic, however, they are easily dismissed as dangerous and illogical threats to progress and prosperity.

So long as money frames the debate, money is the winner and life is the loser. To score a political victory for life, the debate must be reframed around a narrative based on an understanding of the true sources of human well-being and happiness and a shift from money to life as the defining value.

A promising new frame is emerging from controversies surrounding the recent United Nation’s Rio+20 environmental conference. Wall Street interests argued that the best way to save Earth’s biosystems is to put a price on them and sell them to wealthy global investors to manage for a private return. Rather than concede the underlying frame to Wall Street and debate the price and terms of the sale, indigenous leaders and environmental groups drew on the ancient wisdom of indigenous peoples to challenge the underlying frame. They declared that as the source of life, Earth’s living systems are sacred and beyond price. They issued a global call to recognize the rights of nature.

Thus framed, the Rio+20 debate highlights a foundational and inherent conflict between the rights of nature, human rights, property rights, and corporate rights.

In current practice, based on the same financial logic that leads us to treat financial deficits as more important than social and environmental deficits, we give corporate rights precedence over the property rights of individuals. We give property rights precedence over the human rights of those without property. And we give human rights precedence over the rights of nature.

We will continue to pay a terrible price for so long as we allow the deeply flawed logic of pure finance to define our values and frame the political debate.

There is no magic bullet quick fix. We must reframe the debate by bringing life values and living systems logic to the fore and turning the prevailing rights hierarchy on its head. The rights of nature must come first, because without nature, humans do not exist. As living beings, our rights are derivative of and ultimately subordinate to the rights of Earth’s living systems.

Human rights come, in turn, before property rights, because property rights are a human creation. They have no existence without humans and no purpose other than to serve the human and natural interest. Corporations are a form of property and any rights we may choose to grant to them are derivative of individual property rights and therefore properly subordinate to them.

The step to a prosperous human future requires that we acknowledge life, not money, as our defining value, accept our responsibilities to and for one another and nature, and bring to the fore of the debate the social and bio-system deficits that are the true threat to the human future.

Replacing cultures and institutions that value money more than life with cultures and institutions that value life more than money is a daunting challenge. Fortunately, it is also an invigorating and hopeful challenge because it reconnects us with our true nature as living beings and offers a win-win alternative to the no-win status quo.

David Korten wrote this article for YES! Magazine, a national, nonprofit media organization that fuses powerful ideas and practical actions. David is the author of Agenda for a New Economy, The Great Turning: From Empire to Earth Community, and the international best seller When Corporations Rule the World. He is board chair of YES! Magazine, co-chair of the New Economy Working Group, a founding board member of the Business Alliance for Local Living Economies, president of the Living Economies Forum, and a member of the Club of Rome. He holds MBA and PhD degrees from the Stanford University Graduate School of Business and served on the faculty of the Harvard Business School.

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ABOUT David Korten

David Korten is the author of Agenda for a New Economy, The Great Turning: From Empire to Earth Community, and the international best seller: When Corporations Rule the World. He is board chair YES! Magazine and co-chair of the New Economy Working Group. This Agenda for a New Economy blog series is co-distributed by CSRwire.com and yesmagazine.org, based on excerpts from Agenda for a New Economy.