Surviving Capitalism (Not) : Russia Debates Unorthodox Orthodox Financial Alternative

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Sunday, November 22, 2015

Russia Debates Unorthodox Orthodox Financial Alternative

Click here to access article by F. William Engdahl from New Eastern Outlook.

One must overlook the fact that Engdahl is a gold fetishist who occasionally makes some glaring typo errors to see that this article reports on some interesting economic arrangements that are developing in Russia to cope with aggressive Empire economic sanctions.

Russia is in a fascinating process of rethinking every aspect of her national economic survival because of the reality of the western attacks. It could produce a very healthy transformation away from the deadly defects of the Anglo-American free-market banking model.