Author: humanist55
N is for Neo-Liberalism…
This post is part of the A to Z 2020 Challenge. I have decided to theme the posts around personal and societal responses to the Covid 19 crisis, including my resumption of Blogging!
What the heck is neo-Liberalism and why should I worry about it?
De-regulation
Austerity
The great choice
M is for Money…
This post is part of the A to Z 2020 Challenge. I have decided to theme the posts around personal and societal responses to the Covid 19 crisis, including my resumption of Blogging!
Where is the money going to come from to get started again?
Individuals, businesses and governments are all moving from the “How can we possibly afford to stop working?” to “How can we possibly afford to start working again?”. Here in the UK, at the daily Press Briefing given by the representatives of government flanked by special health advisors, the awkward questions asked by the press are now including, amongst those on the competency of the UK government to manage the amount of testing required and the supply of personal protection equipment, new and urgent questions on how the government may be starting to envisage how we will restart the economy. There Is some suggestion that the government does not trust us with transparency in this matter for fear we will think its all over and rush back to normal life too soon. Or perhaps they just haven’t got a clue yet…
Largest amongst the issues to be faced is the question of where the money is going to come from and although I am writing from a UK perspective, many of the points will apply across the world. Before I begin, I know I am a day in late posting this challenge piece but in my defense, I only found out about this on the first day of it – those at A to Z 2020 Challenge HQ recently asked the question “Are you a pre-planner or a ‘pantser’?” Necessarily this year I am a seat of the pants writer which at least means that I can react to current circumstances and indeed make them my theme for the challenge. The subject of Money and how we shall find enough to exit the crisis is a big one and needed a lot of research – I have tried to boil it down but there will be links to articles if you want to go deeper.
War Debt
Many governments and others are referring to the struggle to contain Covid 19 as a “War” because it helps to conjure the spirit that is needed from everyone to “defeat” the tiny, invisible, senseless thing which is a virus. Economists are now starting to talk about the cost of the crisis to our economies, in terms of productivity lost, unemployment created and of course the borrowing which will be necessary to get things started, so my question is, if all the countries in the world are facing the same situation, then who is going to lend money to who in order to fix things.
One precedent is what has happened in actual wars – the World Wars for example. Britain had to borrow a lot of money, mainly from the US or in the case of the Second World War, the US and in a smaller amount, Canada. In 1945 alone, the UK borrowed 4.33 billion dollars and 1.93 billion dollars from Canada the following year. Suffice to say that the total repaid amounted to twice that which was lent and the final repayment was as recent as 2006. We may have a “special relationship” with America, but it does not come cheap. Furthermore, that war helped cement the Dollar as the world’s leading currency and saw US influence consolidated around the world – facts which are still pertinent in the crisis of today. Whilst Britain floundered under the weight of debt and the need to rebuild its shattered economy after the war, America, increasingly obsessed with fighting the spread of Communism, made satellites of the “frontline” countries using the Marshall Plan to rebuild European countries equally shattered economies in exchange for hosting military bases.
There is another way of raising money to fight wars which may become significant in solving our present crisis, the issuing of the enchantingly titled “Gilt Edged Security Bonds” – so-called because the certificates have a gilt edge to them. This is a way of borrowing money from private investors, individuals, pension companies and the like. Invented by the British as early as 1694 when King William III borrowed 1.2 million to fund a war with France, gilts are low yielding in terms of interest paid but they are very safe hence their attraction to pension funds. King William could not raise the money for his war from taxes and neither will governments following the Covid 19 crisis since the money they will be dispersing to help businesses and individuals, needs to be spent on producing and consuming, there would be no point in just taking it back as tax. There is a really good chart of all the ways governments can raise money here, at Positive Money – an organization for monetary reform – more of them later.
What do we know about the UK Exit Strategy?
The UK Chancellor of the Exchequer, Riki Sunak unveiled a plan for £330 Billion which he described as an intervention in the economy “on a scale unimaginable a few weeks ago”. This is indeed true since the Tory party have predicated their policies on Austerity, beating up the Labour Party for years for their level of the national debt – before running up even higher levels themselves (which they predictably kept quiet about). Austerity is the central plank of neo-Liberalism which will be the subject of my next post – a sort of part II to this one. But meantime, the £330bn is actually government-backed loans – however, the loans will actually be issued by the banks. If the loans are defaulted on, the government will, then, and only then, have to shell out – so not quite as magnanimous as it first appears. There will be further offers of support from the government and some will require the government to borrow, either from the markets or by issuing gilts and of course, the Bank of England can always print money, “quantitative easing”, as they did after the 2008 financial crisis.
The Big Choice
The scale of the current crisis in financial terms makes the 2008 financial crisis look small by comparison – we are talking levels of borrowing nearer to that of the war, and our government(s) might be tempted to assert that all this has undone the savings from years of austerity and that we must tighten our belts once again, for the long haul. This is not the only choice and so tomorrow I will look at why austerity is an ideological position and what other choices there are…
L is for Love…
Love is in the air
For young lovers in lockdown
While lost loves
Dream of love locked up
Not locked down.
Love is the drug
That takes you to a different place
Consumes you from within
Tricking your cells
To accept false flags
Before breaking your heart.
It’s a thin line between love and hate
Love the time we have
Hate the loss of freedom
Saving money because we can’t spend it
Losing money because we can’t earn it.
I hope that I don’t fall in love
Let me be a survivor
Don’t wanna be a deep-sea diver
Or win a million fivers
Just let me live and love a little longer.
The one who loves you
Hides in plain sight
You never gonna feel its bite
Covid 19 –
Who loves ya baby…
——————————————————————
Love is in the air
John Paul Young
Love is the drug
Roxy Music
It’s a thin line between love and hate
Annie Lennox
I hope that I don’t fall in love
Juliet Turner
The one who loves you
The Divine Comedy
K is for Karma…
There are many people who think, and many more who are wondering, whether the Covid 19 crisis is Karma for the human race, whether the fate of our present state and future existence has been determined by our heretofore actions in regard to the way we live in and treat this world. The definition at the top of the page (courtesy of Wikipedia), uses the word deciding in relation to future existences, and it is, of course, referring to the lives, deaths and reincarnations of individuals. You may have noticed that in connection with the collective fate of the human race, I have used the words “determined by”. The religious use of Karma implies that some divinity weighs the action ( for which karma is the Sanskrit word) of a person’s life and as we say in the west – “As you sow, so shall you reap!”
Does Karma always work?
It is clear in life, that neither the good nor the bad always get their just desserts, and whether anyone becomes demoted to a lower animal in the next life, or the opposite, nobody in this life can actually say. Most religions use the threat of some kind, karmic judgment or heaven v. hell, to try to cajole their congregations into behaving better and without intending to be too cynical, the odd natural disaster, especially ones that have a leveling effect on society, does not go amiss in helping religion in its quest. Ironic then that in this present crisis, those western religions at least – I can’t speak for others – who have been languishing with ever diminishing congregations, have had to lock their doors due to social isolating and are unable to offer comfort in the hour of need – at least not in person. They are asking themselves whether their role is going to be even more diminished once this crisis is over, and with many of the elderly members who have remained staunch attendees having “gone to meet their maker” according to their beliefs, churches are asking themselves how they can reinvent themselves now, in new and perhaps digital ways.
Mind you, there have been some religious people who have brandished their belief in God/Yahweh/Allah as a shield which they are sure will protect them – bible belt evangelists going about their business and their worship as usual, Moslems queuing up to lick shrines and as to Yaakov Litzman, Health Minister for Israel, well he said “all LGBT+ people are sinners” (in other words, the virus is a judgment on them) but has since tested positive for Covid-19, his wife has also tested positive for the disease and, being a cabinet minister, he has caused Benjamin Netenyahu and several top government officials to go into quarantine. All those other virus defying groups will probably also learn the error in their thinking.
Free Will and Karma
Lest you think I am wantonly attacking religion, let me tell you an old joke. A flood was building and as the waters rose around the church, a parishioner ran in to the priest and begged him to come away to higher ground. “No, no friend – I am safe, God will protect me!” The waters surrounded the church and a boat was sent to collect the priest but he said: “No, no friend – I am safe, God will protect me!” As the waters rose the priest climbed up to the roof and a helicopter came to rescue the priest but still he said: “No, no friend – I am safe, God will protect me!”. During the night, the waters washed the priest off the roof and he drowned. Standing before St. Peter at the gates of heaven, the priest asked: “Why did God not save me?” At which, God, who hears everything, rushed up fuming. “What do you mean not save you, you idiot?” God shouted, “I sent a man, a boat and a helicopter to save you!”
The moral of this story is that even for those who believe in God, he has given free will so that you may act well or badly (otherwise there would be no point in judgment) and that means you have to act well and wisely and not expect God to save you from folly of your own making.
The Rationalist’s position…
I don’t believe in God, but I very much believe in free will and folly of our own making, in people who act well and those who act badly and I believe (see C is for Covid 19) that microscopic viruses which are arguably not even alive, have no intelligence and certainly no moral judgment against any of their victims. The very fact and mystery of their pointless existence could be enough to cause a man of faith to question his beliefs…
So can Rationalists, Materialists, Atheists, can they have any truck with the concept of Karma? Very much so – “As you sow, so shall you reap!” is simply cause and effect you can’t get much more “scientific” than that! If you mess up your planet by unrestrained growth, wanton use and waste of resources, unrestrained pollution, you will find yourself in the shit. If you sell live, wild animals that have been infected by disease-carrying bats in a world that is crisscrossed with the airways of the global village, you will get crossover virus events that sooner or later will become pandemics. No moral judgment involved, no Gaia is punishing us with a restorative crisis – just scientifically explainable inevitability!
That is, however, Karma, the consequences of actions chosen – “As you sow, so shall you reap!” So as I have said before in these pages, as we grope towards exit strategies form this crisis – there are past actions to be reassessed, choices to be made,, new ways to be formulated…
J is for Judgment
An open letter to Boris Johnson
Dear Prime Minister Johnson
or may I call you Boris since you are now to be perceived as one of the people,” in it together”? I wish you well on your recovery from Covid 19 and I despise those who have made political capital out of your illness and I wish you no harm as a fellow human being.
Whilst I disagree strongly with decades if not centuries of the policies of your party, I know you are not responsible for all that, but you have willingly picked up the mantle. On a personal level, l am given to understand that your position on Brexit had more to do with seeking the highest office in politics rather than conviction and now you have achieved it. Your personal approval ratings are high as the jolly man who promises to “Get Brexit Done!” But this pandemic means that all bets are off, Brexit almost irrelevant for now except that the benefits of international co-operation have never been more needed or more obvious. Furthermore, now that you have experienced the very best treatment by a National Health Service which your party has done so much to wear down under your plans – to change it into an American for-profit system – I hope you have seen the results of those policies, understaffed, under-resourced, yet offering heroic service to the nation in the present crisis.
I hope when you return to work after the rest which your father has prescribed for you, that you’ll see things in a different light – you may question the wisdom of your earlier judgments. I know you will be surrounded by a cabinet full of the people who still believe in austerity as the default position, the same people who pressured this country into Brexit and they will not be happy to see you turn your ideas around but I beg you to do so for it is not possible for this country or indeed the world to return to things as they were. Do you endorse your stand-in having said, whilst you were ill, that “this is not the time to be thinking of a raise in salaries for nurses.” Surely you of all people must now agree that there can be no better time…
You may wish to emulate the man I understand to be your hero – Winston Churchill – a man who made many errors of judgment in his career before finding his ultimate role as leader of the country in a time of war, much as you are now, However, remember, despite having led us through the war successfully, Churchill was disappointed to lose the election in a landslide to Labour after the war, because the people knew by then, that they were entitled something better and they rejected those who traditionally felt entitled. This is how the Welfare State was born and the time has come for the government to renew the Social Contract and rebuild the Welfare State for the people, or as Labour would have it “For the Many Not the Few”. After your election victory you realized you had to look after the so-called Labour red wall seats or else you might lose at the next election. None of us could have foreseen that this crisis would spring up so quickly on your watch, but here it is – your Churchill moment. How are you going to play it? You have the chance to be an outstanding leader if you dare to take a radical position as the times call for. Or you can just attempt to restore things as they were with the massive gaps between rich and poor. But will you then succeed at the next election with an electorate who have had unlimited time to understand and consider how we got to this place in such a poor state of preparedness and to watch how you manage to deal with the crisis.
Please! Go for blue-sky thinking, out-of-the-box thinking, make judgments based on new criteria, try something different – make no mistake that is what is required in what will be a new world order.
PS Your senior advisor – the self-styled Disruptor, Dominic Cummings – is he the right man for the job now. Breaking things is so much easier than trying to fix them and Covid 19 has surely given him as much disruption as even he could wish for -just saying…
I is for Internationalism v. Isolationism.
Lying in bed this morning, trying to think of a subject for the A to Z Challenge 2020, I had a sudden insight that I had never quite grasped before with such clarity. The right-wing Prime Ministers, Presidents, and Dictators, who have slid to power on the back of inflamed Nationalist sentiments, the scapegoating of “the other”, are against Internationalism because they want total control within their fiefdoms – as much as they can grasp without showing their true colours. What were the first things that Donald Trump did after getting elected? He put travel bans on Muslims and made a start on the wall he had used to get elected by whipping up the very people he and his kind routinely neglect. The isolationism of Trump’s US has been ramped up with ill-conceived trade wars – especially with China – this is quintessential Isolationism.
Let us not forget, in this time of distraction, Brexit, pushed by the likes of uber-rich, hedge-fund manager and Member of Parliament Rees-Mogg. His hedge fund no doubt made a huge killing betting on the outcome of Brexit – betting against the good of the country. The European Union is an example of Internationalism – it was set up in the aftermath of the Second World War with the aim, through close cooperation in all areas, trade, education, crime prevention, scientific research, and the freedom of movement for work or simply to live somewhere else. This aspect of the EU was completely ignored by Brexiteers who saw only a body that imposed rules which make it harder for them to exploit society, rules on human rights, on environmental and food standards.
Now, brought together by a greater danger, the Covid 19 pandemic, we are seeing unprecedented international cooperation – at least in the scientific community but whilst we are all distracted, there is a creeping seizure of “emergency” powers by many governments and the question is, will they be relinquished at the end of all this – they are the ones who will decide when it is at an end in any case…
There have been many ridiculous conspiracy theories about the virus and its origins and you may think that these warnings about power-grabs fall into the same league, but if you do take them ln any way, seriously, here is a link to Open Democracy who take these things very seriously and offer a comprehensive list of the implications for democracy around the world.
Sorry to offer more doom and gloom when the virus gives us enough to worry about here in the present, however, we need to think about how things will be on the other side of this pandemic and since the crisis has highlighted many inconvenient truths, the way austerity has run down the heroic National Health Service in Britain – softening it up for privatization US style – the complete and scandalous inadequacy of the “for profit” health service in the US or the way companies have denied the effectiveness of working from home for say, disabled people and which managers are now doing everywhere. People are questioning the way they have been made to live, in all sorts of ways and those on the right are terrified of where it will leave them if the people remember what they have learned including – Internationalism good for solving the crisis- Isolationism (on an International level though very definitely not the personal) bad…
Round Up 3 – Other blogs on the A to Z Challenge 2020
This blog seems to have done the challenge for the last two years but although listed for 2020 doesn’t seem to be posting to theme – never mind I like it so its here – The Daily Parker.
Likewise “Life in the Third Dimension” the content and the writing and the personality coming through if not the Challenge posts…
H is for Happiness
Happiness is a Warm Gun…Momma
This song penned by John Lennon is full of double-entendres. Lennon explained that he got the title from an article in a National Rifle Association magazine and he divided the song into three sections, “the Dirty Old Man”, “the Junkie”, and “the Gunman (Satire of ’50s R&R)”. By the last, he meant his sexual desire for Yoko Ono. That there are those for whom a literal warm gun is happiness, that some apparently find happiness in drugs whilst sexual love is yet another form of happiness shows what a complex thing is our “pursuit of Happiness”.
Can we be happy all the time?
In the practice of Zen (and bearing in mind that those who know don’t say and those who say don’t know) it is said that there is constant attention to carrying out the simplest task of living with perfection. Does this bring happiness? It doesn’t sound full of highs nor lows and most people believe that without the lows, we cannot have the highs of happiness. If this present crisis is doing anything positive for us, it is to give us the chance of reflecting on what makes us happy, either because we are deprived of it, thinks lovers separated by social isolation, or because we are with the source of our happiness – oh to be young and in love and in lockdown – would you ever leave your bed! And no, its not just the young who are happy to be locked down with the one they love…
In nine months time, there is likely to be a baby boom whilst it is from the post-war baby boom that many of the victims of Covid 19 are drawn. Whilst this will undeniably reduce some of the future costs to health services for whom the preponderance of older patients, living longer with increasingly solvable but expensive conditions, it will give civil servants no happiness any more than the loss of migrants and the very poor who are also more susceptible to the disease will give no happiness except perhaps, to the vilest of right-wing politicians.
Meanwhile, we take our happiness in lockdown as we may…
Is Happiness an Instinct?
Do animals feel happiness?
What has made me happy? Last night I took my new telescope outside for the first time and looked at the moon, large and even though slightly hazy, pure magic and wonder!
G is for Grammar
Frankly my Dear –
I will, however, talk briefly about three things which I use a great deal, which the grammar police would probably disapprove of. Firstly, as in the “Gone with the Wind” quotation above I often use a hyphen rather than a comma when I want to indicate a slightly longer rpause than I feel a coma suggests. Likewise, at the end of the quotation, I have put there dots, the proper name of which is, an ellipsis and the proper definition of which is “the omission from speech or writing of a word or words that are superfluous or able to be understood from contextual clues.” Now I think you can see what I mean about obscure rules… What I mean when I finish a sentence with three dots, is that I want to leave the sentence idea hanging in the air and not terminated by the finality of a full stop.
Lastly, I want to mention the Oxford comma. This is the sort of rule that divides even the pedants of English grammar… In brief, I was taught at the age of seven or eight, and I actually remember the very lesson – that you should NEVER put a comma before an and. Now the strange thing, is that I grew up in, and received this lesson in Oxford, and though I have been using the Oxford comma, the breaking of this rule for a long time. I use it because it reads better as if spoken. An example is the comma after the word Oxford (first instance) in the preceding sentence. In the following sentence you would not use the Oxford comma ” My favourite puddings in order are Bread and Butter Pudding, Apple Crumble, Peaches and Cream.” But in this sentence you would – “The ingredients required are Flour, Sugar, Peaches, and Cream”. Makes it read right…
So there it is, ignore the rules as long as you are understood and to my mind, what makes writing sound like speech is what works best…