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	<title>Comments on: Capital Escapes</title>
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	<description>Involvements with reality</description>
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		<title>By: jdsaunders03</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-144403</link>
		<dc:creator><![CDATA[jdsaunders03]]></dc:creator>
		<pubDate>Fri, 28 Nov 2014 16:04:28 +0000</pubDate>
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		<description><![CDATA[Bitcoin is a beta test. It has flaws and shortcomings.]]></description>
		<content:encoded><![CDATA[<p>Bitcoin is a beta test. It has flaws and shortcomings.</p>
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		<title>By: John</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-142569</link>
		<dc:creator><![CDATA[John]]></dc:creator>
		<pubDate>Mon, 24 Nov 2014 19:11:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-142569</guid>
		<description><![CDATA[&gt;  All of this operates on confidence. If you can keep repeating this then great. if not, then this system is done. The key will be the reset step. When the debt write downs occur and the reset happens- will this sytem ever be trusted again? and can it reset? 

Bitcoin is the reset. It&#039;ll take all this old clunker has left to get us to that point.]]></description>
		<content:encoded><![CDATA[<p>&gt;  All of this operates on confidence. If you can keep repeating this then great. if not, then this system is done. The key will be the reset step. When the debt write downs occur and the reset happens- will this sytem ever be trusted again? and can it reset? </p>
<p>Bitcoin is the reset. It&#8217;ll take all this old clunker has left to get us to that point.</p>
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		<title>By: vxxc2014</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141966</link>
		<dc:creator><![CDATA[vxxc2014]]></dc:creator>
		<pubDate>Sun, 23 Nov 2014 11:22:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141966</guid>
		<description><![CDATA[That&#039;s not a good outcome of course Mr. Laliberte.  And why do they keep these serfs around when machines can do the work? [they actually CAN&#039;T but there&#039;s always convenient theories they can].  

Consumerism is dead, and soon enough Keynes will be at last. 

When Capital doesn&#039;t need serfs it gets rid of them, see 19th century Ireland.  In particular when the people are resisting serfdom by Lords of Different races and religions, and these people are form groups and are dangerous.  See Ireland, again.  Remember we&#039;re very much still the offspring of Albion.   To the extent we&#039;re not, we&#039;re of the New World.

The Rhyme of History in The New World is the Lands and Resources are Coveted, but The Peoples are despised.  It&#039;s simply the Americans turn, and we should have retrospectively expected History to repeat itself.  When you accept what our Rhyme and Rhythms of History here are perhaps the last 50 years makes sense.   

The Radical American Left&#039;s Power Base has always been Finance.  Not even the Law has been consistently so Radical for so long.   We have no need of Hitler or Stalin&#039;s in America, for we have many Lord Palmerston&#039;s.  You have no need of Totalitarians when Whigs are in power Sir.  

There&#039;s one more thing.  Sure they Hate us and want us gone, but you see they have to Hate us.  They owe fantastic debts, and we&#039;re in the way of those debts being redeemed.   Our resources we&#039;re squatting on aren&#039;t just coveted, they&#039;re desperately needed.   You have no need of Totalitarians when Whigs are in power.]]></description>
		<content:encoded><![CDATA[<p>That&#8217;s not a good outcome of course Mr. Laliberte.  And why do they keep these serfs around when machines can do the work? [they actually CAN&#8217;T but there&#8217;s always convenient theories they can].  </p>
<p>Consumerism is dead, and soon enough Keynes will be at last. </p>
<p>When Capital doesn&#8217;t need serfs it gets rid of them, see 19th century Ireland.  In particular when the people are resisting serfdom by Lords of Different races and religions, and these people are form groups and are dangerous.  See Ireland, again.  Remember we&#8217;re very much still the offspring of Albion.   To the extent we&#8217;re not, we&#8217;re of the New World.</p>
<p>The Rhyme of History in The New World is the Lands and Resources are Coveted, but The Peoples are despised.  It&#8217;s simply the Americans turn, and we should have retrospectively expected History to repeat itself.  When you accept what our Rhyme and Rhythms of History here are perhaps the last 50 years makes sense.   </p>
<p>The Radical American Left&#8217;s Power Base has always been Finance.  Not even the Law has been consistently so Radical for so long.   We have no need of Hitler or Stalin&#8217;s in America, for we have many Lord Palmerston&#8217;s.  You have no need of Totalitarians when Whigs are in power Sir.  </p>
<p>There&#8217;s one more thing.  Sure they Hate us and want us gone, but you see they have to Hate us.  They owe fantastic debts, and we&#8217;re in the way of those debts being redeemed.   Our resources we&#8217;re squatting on aren&#8217;t just coveted, they&#8217;re desperately needed.   You have no need of Totalitarians when Whigs are in power.</p>
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		<title>By: Bryce Laliberte</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141834</link>
		<dc:creator><![CDATA[Bryce Laliberte]]></dc:creator>
		<pubDate>Sun, 23 Nov 2014 03:08:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141834</guid>
		<description><![CDATA[I&#039;m suspicious of this imposition of linearity. I suspect there are capital cycles, undoubtedly tied to the population cycle it is an element of; the 20th century saw capital call into being several billion human beings to serve as its consumers, but now it no longer has need of them and we could see the development of a techno-serfdom under a few lords of capital.]]></description>
		<content:encoded><![CDATA[<p>I&#8217;m suspicious of this imposition of linearity. I suspect there are capital cycles, undoubtedly tied to the population cycle it is an element of; the 20th century saw capital call into being several billion human beings to serve as its consumers, but now it no longer has need of them and we could see the development of a techno-serfdom under a few lords of capital.</p>
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		<title>By: VXXC</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141669</link>
		<dc:creator><![CDATA[VXXC]]></dc:creator>
		<pubDate>Sat, 22 Nov 2014 18:49:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141669</guid>
		<description><![CDATA[&quot;If capital is escaping, the emergence of the blockchain is an inevitable escalation of modernity, with consequences too profound for easy summary. If it isn’t, then macroeconomics might work.&quot;

Are these the only 2 outcomes?  Of course not.  Another choice is to capture your Central Bank and Politicians to guarantee closed loop profits, both in terms of interest rates and Government Sponsored Enterprise Gambling.  See practice since LTCM 1998, 2008 Bailouts and now policy made law under Dodd-Frank.  

I&#039;m actually in favor of Capitalism as far as economics goes, which isn&#039;t all the way.  But what we have now is nothing like Capitalism.  We have Power Capture of Finance, Central Banks and Governments and it&#039;s impossible to draw any real distinction between them except by function and responsibilities.  Governments do not rule Capital, and Capital isn&#039;t regulated by governments.   It would be nice if we built things for all this money, we haven&#039;t.  We have vast fortunes being made from &quot;notional&quot; fantastic sums that exist only on electronic balance sheets, I don&#039;t think this is what Smith had in mind. 

Others have made the point Capital, and more importantly the capitalists must exist somewhere.

We also can&#039;t overlook that certain people wish to escape humanity and it&#039;s failings altogether. 

Admin I don&#039;t know if the American Trade-Unionism/Rust Belt example is a good one.  Yes on the surface it&#039;s true, but the industries themselves and the people who are in those industries were and are objects of conquest and destruction unto genocide.  That would be like using the Ruhr valley 1944-45 as an example of Capital flight overlooking the RAF and 8th Air Force Flights overhead.   You can&#039;t quite control for certain negative externalities.]]></description>
		<content:encoded><![CDATA[<p>&#8220;If capital is escaping, the emergence of the blockchain is an inevitable escalation of modernity, with consequences too profound for easy summary. If it isn’t, then macroeconomics might work.&#8221;</p>
<p>Are these the only 2 outcomes?  Of course not.  Another choice is to capture your Central Bank and Politicians to guarantee closed loop profits, both in terms of interest rates and Government Sponsored Enterprise Gambling.  See practice since LTCM 1998, 2008 Bailouts and now policy made law under Dodd-Frank.  </p>
<p>I&#8217;m actually in favor of Capitalism as far as economics goes, which isn&#8217;t all the way.  But what we have now is nothing like Capitalism.  We have Power Capture of Finance, Central Banks and Governments and it&#8217;s impossible to draw any real distinction between them except by function and responsibilities.  Governments do not rule Capital, and Capital isn&#8217;t regulated by governments.   It would be nice if we built things for all this money, we haven&#8217;t.  We have vast fortunes being made from &#8220;notional&#8221; fantastic sums that exist only on electronic balance sheets, I don&#8217;t think this is what Smith had in mind. </p>
<p>Others have made the point Capital, and more importantly the capitalists must exist somewhere.</p>
<p>We also can&#8217;t overlook that certain people wish to escape humanity and it&#8217;s failings altogether. </p>
<p>Admin I don&#8217;t know if the American Trade-Unionism/Rust Belt example is a good one.  Yes on the surface it&#8217;s true, but the industries themselves and the people who are in those industries were and are objects of conquest and destruction unto genocide.  That would be like using the Ruhr valley 1944-45 as an example of Capital flight overlooking the RAF and 8th Air Force Flights overhead.   You can&#8217;t quite control for certain negative externalities.</p>
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		<title>By: VXXC</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141653</link>
		<dc:creator><![CDATA[VXXC]]></dc:creator>
		<pubDate>Sat, 22 Nov 2014 17:57:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141653</guid>
		<description><![CDATA[I like this idea Mr. Chris B.

The West moving again.

I think we should go UP into space, but if not we can always make room in Vibrant-Stans of the Southern Hemisphere.]]></description>
		<content:encoded><![CDATA[<p>I like this idea Mr. Chris B.</p>
<p>The West moving again.</p>
<p>I think we should go UP into space, but if not we can always make room in Vibrant-Stans of the Southern Hemisphere.</p>
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		<title>By: Alrenous</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141627</link>
		<dc:creator><![CDATA[Alrenous]]></dc:creator>
		<pubDate>Sat, 22 Nov 2014 16:29:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141627</guid>
		<description><![CDATA[Puritans flee Britain.
Capital flees Progressivism.

Puritans are infected with smallpox, spreading it to its new land.
Capital is infected with Sophism, spreading it to its new home. This process is one of the things often called &#039;globalization.&#039;

Eventually, the only people left in the new land are resistant to smallpox, but in the meantime much damage was done.
Eventually, everyone in the new home develops resistance to Sophism, shedding its poison. In the meantime, much damage is done.]]></description>
		<content:encoded><![CDATA[<p>Puritans flee Britain.<br />
Capital flees Progressivism.</p>
<p>Puritans are infected with smallpox, spreading it to its new land.<br />
Capital is infected with Sophism, spreading it to its new home. This process is one of the things often called &#8216;globalization.&#8217;</p>
<p>Eventually, the only people left in the new land are resistant to smallpox, but in the meantime much damage was done.<br />
Eventually, everyone in the new home develops resistance to Sophism, shedding its poison. In the meantime, much damage is done.</p>
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		<title>By: admin</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141584</link>
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sat, 22 Nov 2014 13:42:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141584</guid>
		<description><![CDATA[&quot;Globalization doesn’t change the problem of the capitalists&quot; -- that&#039;s far too hasty. Capital gains clear leverage from a credible threat to re-locate. For a relatively parochial example, look at the recent history of American Trade Unionism -- devastated by its inability to keep employers locked in place.]]></description>
		<content:encoded><![CDATA[<p>&#8220;Globalization doesn’t change the problem of the capitalists&#8221; &#8212; that&#8217;s far too hasty. Capital gains clear leverage from a credible threat to re-locate. For a relatively parochial example, look at the recent history of American Trade Unionism &#8212; devastated by its inability to keep employers locked in place.</p>
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		<title>By: admin</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141581</link>
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sat, 22 Nov 2014 13:40:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141581</guid>
		<description><![CDATA[It&#039;s an interesting point, and well worth further nagging at, but I&#039;d tend to the exactly opposite conclusion. Locked-down capital has to compromise with the Cathedral, because it can&#039;t get away from it, whereas escapist capital can afford to ignore it (at least comparatively). Still, I can see the rough contour of the contrary argument -- if capital can escape, it can cooperate in driving social chaos without consequences -- so I&#039;m not expecting a rapid decision on the question. 

Facts would be helpful. It&#039;s at least anecdotally significant that the most &#039;deterritorialized&#039; fragment of Silicon Valley techno-capitalism is the constituency most consistently accused of collaborating with Dark Enlightenment cultural tendencies.]]></description>
		<content:encoded><![CDATA[<p>It&#8217;s an interesting point, and well worth further nagging at, but I&#8217;d tend to the exactly opposite conclusion. Locked-down capital has to compromise with the Cathedral, because it can&#8217;t get away from it, whereas escapist capital can afford to ignore it (at least comparatively). Still, I can see the rough contour of the contrary argument &#8212; if capital can escape, it can cooperate in driving social chaos without consequences &#8212; so I&#8217;m not expecting a rapid decision on the question. </p>
<p>Facts would be helpful. It&#8217;s at least anecdotally significant that the most &#8216;deterritorialized&#8217; fragment of Silicon Valley techno-capitalism is the constituency most consistently accused of collaborating with Dark Enlightenment cultural tendencies.</p>
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		<title>By: bob sykes</title>
		<link>http://www.xenosystems.net/capital-escapes/#comment-141578</link>
		<dc:creator><![CDATA[bob sykes]]></dc:creator>
		<pubDate>Sat, 22 Nov 2014 13:33:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.xenosystems.net/?p=4162#comment-141578</guid>
		<description><![CDATA[Even if only as 1&#039;s and 0&#039;s, capital must exist as a physical object in a real location. Capitalists also exist at at particular times and places. Therefore, it and they always subject to local political control and shakedowns (a union labor term). It and they might escape temporarily via the internet  and 747&#039;s to another locale, but the basic problem of local control remains. The main defensive  strategy of capitalists has been bribery, e.g., Bill and Hilary Clinton, or any member of Congress since the git-go. Occasionally capitalists finance revolutions.. Globalization doesn&#039;t change the problem of the capitalists, and the struggle is endless.]]></description>
		<content:encoded><![CDATA[<p>Even if only as 1&#8217;s and 0&#8217;s, capital must exist as a physical object in a real location. Capitalists also exist at at particular times and places. Therefore, it and they always subject to local political control and shakedowns (a union labor term). It and they might escape temporarily via the internet  and 747&#8217;s to another locale, but the basic problem of local control remains. The main defensive  strategy of capitalists has been bribery, e.g., Bill and Hilary Clinton, or any member of Congress since the git-go. Occasionally capitalists finance revolutions.. Globalization doesn&#8217;t change the problem of the capitalists, and the struggle is endless.</p>
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