Theme for this month, November 2020.
Global Civilizational State: the Application of the Scale of Global Rights to the global issue of our ways of doing business and trade worldwide threatening humanity's survival.
People worldwide are worries about unsolved problems related to the global warming of the planet, globalization, political instability and a regress to irrationality. Global Civilizational State has proposed an alternative perspective encouraged by human evolution and expanding global governance, including Global Solidarity.
Over the past several decades humanity has bettered itself through the acceptance of the Universal Declaration of Human Rights by most nations. But now is the time to reach to our next step of human evolution, that is the approval of a scale of social values, the Scale of Global Rights. Global Civilizational State offer short and long term solutions to the people of all nations to assure the survival of life on Earth. Both solutions require the acceptance of the Scale of Global Rights as our guide for survival. Primordial human rights on the Scale are separate categories from those of community rights, the right of the greatest number of people, economic rights, social rights, cultural rights and religious rights. Ecological and primordial human rights are the only rights that have existed unchanged throughout the evolutionary origin of our species. Any major change would have threatened our very existence. All other human rights are rights created by human beings and can be changed depending of new circumstances; they are not stagnant but are rather flexible and adaptive, and they can evolve. Ecological and primordial human rights of this generation and of future generations are therefore much more important than any other human rights existing now and in the future.
The Scale of Global Right was researched and developed ever since 1985 by Global Community, the Global Civilizational State. All global issues impacting critically the survival of all life on our planet, and especially humanity, have been assessed with respect to the six (6) sections of the Scale and compared to the Universal Declaration of Human Rights.
The Scale of Global Rights contains six (6) sections. Section 1 has more importance than all other sections below, and so on.
Concerning sections 1, 2, and 3, it shall be Global Parliament highest priority to guarantee these rights to Member Nations and to have proper legislation and implement and enforce Global Law as it applies.
Section 1. Ecological rights and the protection of the global life-support systems
Section 2. Primordial human rights
- safety and security
- shelter
- 'clean' energy
- a 'clean' and healthy environment
- fresh water
- clean air
- balanced diet
- basic clothing
- employment, free health care and education for everyone.
Section 3. The ecological rights, the protection of the global life-support systems and the primordial human rights of future generations
Concerning Sections 4, 5 and 6, it shall be the aim of Global Parliament to secure these other rights for all global citizens within the federation of all nations, but without immediate guarantee of universal achievement and enforcement. These rights are defined as Directive Principles, obligating Global Parliament to pursue every reasonable means for universal realization and implementation.
Section 4. Community rights, rights of direct democracy and global voting, the right that the greatest number of people has by virtue of its number (50% plus one) and after voting representatives democratically
Section 5. Economic rights (business and consumer rights, and their responsibilities and accountabilities) and social rights (civil and political rights)
Section 6. Cultural rights and religious rights
This assessment worldwide resolted in nine (9) global issues, as shown here. Each one of them have critically endangered species and threatening the survival of life, especially humanity, on our planet. For the purpose of this Newsletter, Global Issue 3 has been given here more explanation. The other global issues will also be given more explanation in separate Global Civilizational Newsletters coming soon.
Global Issue 1, sections 1,2,3, and 6 affected: Replacing both the Universal Declaration of Human Rights and Charters from all nations by the Scale of Global Rights will give more importance, substance, value, gravity, and urgency to human life, all life on Earth, and to the protection of the global life-support systems for this generation and future generations.
The following table is a comparison of the importance of the Universal Declaration of Human Rights and the Scale. It is made clear how little importance was given in the Universal Declaration to Sections 1,2,3, and 4 of the Scale of Global Rights. And it is made clear how urgent it is to replace both the Universal Declaration of Human Rights and Charters from all nations by the Scale of Global Rights.
Comparison between the Scale of Global Rights and the Universal Declaration of Human Rights and Charters from all nations.
Importance of the Universal Declaration of Human Rights on the Scale of Global Rights
The total degree of importance due to the Universal Declaration.
Scale
Articles of the Universal Declaration of Human Rights
Total degree of importance of the Universal Declaration of Human Rights
Section 1
parts of Article 3; 1% importance
1% importance
Section 2
parts of Articles 3,4,5,9,13,14,25; 35% importance
35%
Section 3
no Articles; 0%
0%
Section 4
parts of Articles 16,18,21,29; 5%
5%
Section 5
parts of Articles 15,17,20,21,22,23,24,28; 100%
100%
Section 6
parts of Articles 26,27; 70%
70%
Here is how the degree of importance was obtained. For instance in Section 1 it was found that parts of Article 3 of the Universal Declaration of Human Rights was included as promoting very softly the protection of human life but was not promoting at all the protection of the global life-support systems. Section 1 on the Scale of Global Rights promotes both the protection of human life and the global life-support systems. No key rights were found in the Universal Declaration that would promote in any way the protection of human life and that of the global life-support systems. And it is a failure of the Universal Declaration to be in line with the Scale of Global Rights. As a result of this failure, a 1% importance was recorded in the table. What does it mean? It means that the Universal Declaration does not give any importance to human life, all life on Earth, and the protection of the global life-support systems. These results are consistent and in agreement with the fact that democracies hardly survive overpopulation such as are being seen in the world. What happens to the idea of the dignity of the human species if this population growth continues at its present rate? It will be completely destroyed. Democracy cannot survive overpopulation. Human dignity cannot survive overpopulation. Convenience and decency cannot survive overpopulation.
Global Issue 2, sections 1,2,3, and 5 affected: Human activities are responsible for the greenhouse effect, global warming, and climate change, mostly through our use of fossil fuels, and could be catastrophic, and a tragic end to our present human evolution, without effective mitigation.
Global Issue 3, sections 1,2,3, and 5 affected: Our ways of doing business and trade are causing the destruction of livelihood worldwide and that of the next generations, endangering all lifeforms on the planet, putting in great danger all global ecosystems, in short threatening the survival of all life on our planet. We need a complete turn around of our ways of doing things in business and trade.
Global Issue 4, sections 1,2,3,4,5, and 6 affected: The need of Evolutionity and Global Civilizational State leadership to educate Peoples for humanity survival, and to emphasize moral virtues and a healthy intellectual development.
Global Issue 5: sections 1,2,3,4, and 5 affected: Super rich Peoples and corporations became corrupted, greedy, no longer in line with humanity's survival on the planet.
Global Issue 6: sections 1,2,3,4,5, and 6 affected: Global issues such as poverty, crime, racism, religious and ethnic conflict, terrorism, global warming, climate change, energy scarcity, are further magnified by the widening spread and quickening pace of globalization.
Global Issue 7: sections 1,2,3,4,5, and 6 affected: There are several major global issues: conflicts and wars, no tolerance and compassion for one another, world overpopulation, human activities destroying and polluting, as population increases the respect and value of a human life is in decline, insufficient protection and prevention for global health, scarcity of resources and drinking water, poverty, Fauna and Flora species disappearing at a fast rate, global warming and global climate change, global pollution, deforestation, permanent lost of the Earth's genetic heritage, and the destruction of the global life-support systems and the eco-systems of the planet. Our goal for peace in the world can only be reached by resolving these important global problems. These problems have brought up a planetary state of emergency. Global Civilizational State found evidence that resolving all those global issues is the essential prerequisite for the effectiveness and exercise of all rights recognized for human beings. We need to build global communities for all life on the planet.
Global Issue 8: sections 1,2,3,4,5, and 6 affected: The global coronavirus pandemic is the product of a staggering multitude of factors, including the air travel links connecting every corner of the planet so intimately and the failure of government officials to move swiftly enough to sever those links. But underlying all of that is the virus itself. Are we, in fact, facilitating the emergence and spread of deadly pathogens like the Ebola virus, SARS, and the coronavirus through deforestation, haphazard urbanization, and the ongoing warming of the planet? It may be too early to answer such a question unequivocally, but the evidence is growing that this is the case.
Global Issue 9: sections 1,2,3,4,5, and 6 affected: Issues threatening the health and future of children and of the next generations. Climate change, ecological degradation, migrating populations, conflict, pervasive inequalities, predatory commercial practices, and the rampant spread of Covid-19 threaten the health and future of children in every country. What is even more worrisome and fearful is that children stand on the precipice of a climate crisis. Wealthy countries are threatening the future of all the children in the world through carbon pollution.
Global Issue 3, sections 1,2,3, and 5 affected: Our ways of doing business and trade are causing the destruction of livelihood worldwide and that of the next generations, endangering all lifeforms on the planet, putting in great danger all global ecosystems, in short threatening the survival of all life on our planet. We need a complete turn around of our ways of doing things in business and trade.
As global crises of all sorts further intensify, Global Civilizational State may have no alternative but to show solidarity and help each other out of crises, and such solidarity can only be built on the basis of harmony and moderation, and on respecting the political and cultural diversity of our troubled world. A Global Civilizational State dependable and trustworthy leadership for all life on Earth has been on the horizon consistently doing good work. Let us all lead the world toward Global Civilizational State.
Ever since the beginning of the industrial revolution, global crises have aggravated beyond safety bounds. Several important causes of global warming, climate changes, and the life extinction crisis have brought about an existential threat to humanity and of the other life forms on our planet. Mitigation involves attempts to slow the process of global climate change, usually by lowering the level of greenhouse gases in the atmosphere. So far this attempt has not been successful.
In a finite world, economic and population growth cannot continue indefinitely and must end when resources are exhausted.
Capitalism has been a failure of our democratic system of governance. Capitalism is this system that can only lead us to our annihilation. Capitalism is an economic system based on exponential growth world over. This system is forcing us to work harder to surpass previous years Gross Domestic Product (GDP) numbers, and is driven by competition, which creates more pollution that impairs life, and the CO2 that's heating the biosphere will end life on Earth if the system is maintain to its exhaustion. We must reduce emissions of greenhouse gases beginning now, and Global Civilizational State also strongly opposes environmental, economic, population, and military warfares.
But today, many countries have already prioritized economic growth over social, environmental and human right aspects of life. Free trade is itself a fragrant abuse of democracy. Corporate America overriding goal is maximal profits and not the needs and welfare of future generations. The enormous productive capacities and market forces of the planet have been committed to satisfying human needs and desires with little regard to the short and long terms future of life on the planet.
Earth environmental governance can only be achieved successfully within the larger context of sustainable development and Earth management because human activities are all interconnected and dependent to one another. A legally imposed contraction of the fossil energy supply and a rapid conversion to renewable energy, are necessary steps toward savings humanity. The goal of the developed nations must be to overturn our present expansionary economic system by fostering de-growth. To accomplish this people must control and manage Earth resources at all stages: exploration, development, production, transportation, manufacturing, and distribution.
And we need a complete turn around of our ways of doing business and trade, in global development, and in the management of global resources. Global Civilizational State has included morality and ethics into our ways of doing business and trade, and into consumer understanding and use of each product on the market. Furthermore and most importantly, we must replace the United Nations by Global Parliament with the immediate action to form the Global Trade and Resources Ministry as promoted by Global Civilizational State, a more meaningful union in the form of nine or more Global Governments. A Global Government is concerned not only with economics and trade, but also with the environment, social, cultural and many other essential services. The Federation of Global Governments is the place of meeting between them.
Humankind’s greatest crisis coincides with the rise of an ideology that makes it impossible to address the problems. By the late 1980s, when it became clear that man-made climate change endangered the living planet and its people, the world was in the grip of an extreme political doctrine whose tenets forbid the kind of intervention required to arrest it. Under neoliberalism, climate change is extraordinarily difficult to deal with.
When Covid-19 first hit and self-isolation set in, the stock market plunged and many businesses were forced to shut down normal operations. Coming specifically to the political-economic situation, with GDP growth rates in US and Europe being in the negative territory and everything including production, trade and commerce, travel and tourism, etc. coming to a halt, world economy has entered in to a frozen state that is more dreadful than the Great Depression of 1930s prompting analysts to characterise the situation as an Ice Age. From a political economy perspective, COVID-19 has totally disrupted the foundations of globalised production, both its supply and demand chains. Initial estimates by Bretton Woods Institutions made in April indicate a contraction in global GDP by around $ 9 trillion (equal to the combined GDP of Germany and Japan) during 2020. The consequences of this economic pandemic including unemployment, poverty, deprivation, are turning out to be unimaginable and unmanageable within the imperialist system. And neoliberal-corporatisation policies, including privatization, deregulation, globalization, free trade, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society, continue unabated even during the pandemic are constantly channeling more wealth in to corporate coffers.
There is now no hope of effective mitigation in time without business. Global business, especially American business, must consciously roll back the neoliberal capture of government so that transforming system change becomes possible, so that governments can organize under the leadership of Global Civilizational State to effectively regulate a managed decline of fossil fuel production and use. If business doesn’t organize itself to back off so that deep systemic change is possible urgently than we are all going to lose big time. If business doesn’t agree to and help form wartime-style coalition governments, the leadership of Global Civilizational State, and fossil fuel proliferation treaties across trade groups, and agree to government intervention, regulation and even triage support for markets in the transition to a hopeful post-carbon society, such a transformation will not happen, at least not in the timeframe dictated by the science.
It is still possible that we could make the needed transition to renewables. There still is hope that we could conduct an emergency operation to save our very fortunate societies. If business returns to government the power to introduce needed ‘transformative system change’, effective climate mitigation finally becomes possible. Then our kids, the world’s kids, can hopefully enjoy opportunity and wealth creation in a future with a safe climate for our continuing evolution.
As was mentioned previously here, a sustainability policy that focuses on systemic issues reframes the question from “how do we change individuals’ behaviors so that they are more sustainable?” to “how do we change the way society works?” This leads to very different kinds of interventions. Addressing the sociotechnical underpinnings of “behavior” involves attempting to create new infrastructures and institutions that facilitate sustainable lifestyles, attempting to shift cultural conventions that underpin different activities, and attempting to encourage new competences that are required to perform new ways of doing things. As a result of these changes, what we think of as individual “behaviors” will also change. These changes can be accomplished by a new type of governance base on the Scale of Global Rights . Global Civilizational States offers short and long term solutions to the people of all nations to assure the survival of life on Earth. Both solutions require the acceptance of the Scale of Global Rights as our guide for survival. As a first step, all nations should approve the first three sections on the Scale of Global Rights. Over the past several decades humanity has bettered itself through the acceptance of the Universal Declaration of Human Rights by most nations. But now is the time to leave it behind and reach to our next step of social evolution, that is the approval of a scale of social values, the Scale of Global Rights.
Human beings have fallen into a pattern of organizing around hierarchical institutions that centralize power. Capitalism vs. socialism is a false choice specifically because both, as currently understood and practiced, centralize rather than distribute power. Thus, they diminish local control and responsibility and suppress essential local adaptation to changing local conditions. Electing the leaders who head those institutions is only a partial corrective, better even to support a Democratic Socialism Plus.
Perhaps one of the most exciting developments is the rise of anti-capitalist protests around the world against neoliberalism, a model that drives privatization of land, water, services and more. We can’t solve the climate crisis using capitalist economic models because capitalism is fundamentally about extracting profits at all costs and is based on the overconsumption of a consumer-oriented economy.
Another promising development is the work to make connections between the many crises we face. We cannot solve the climate crisis in isolation because it requires a major restructuring of our entire society. It requires the establisment of the Global Civilizational State. This is the opportunity the climate crisis provides. Over the next decade, with a clear vision of where we want to go, we can shape the world to be one that respects self-determination, human rights and sustainability. That will only come about through organization, planning, and action to create a mass movement. The seeds of that mass movement are growing. The opportunity has never been so great and the stakes have never been so high.
Due to capitalism’s irresponsible behavior, our species is hurtling towards ecocide at a frightening pace. All of us in the global north are to blame, some more than others. The fossil fuel companies that have lied to us for decades to keep us hooked on their products, the large conglomerates profiting from the destruction of entire ecosystems to keep us hooked on the flesh of animals even as we are awakening to the fact that plant based diets are healthier and more sustainable, the agrochemical corporations that enrich themselves and their shareholders by forcing farmers to use their chemicals on the food we eat which in turn makes us sick and decimates insect populations and contaminates our soil and kills our earth worms, the car companies that lie about emissions and lobby our elected leaders so we buy more of their products are largely responsible for our current predicament. These companies and the humans that lead them are complicit in nothing short of the manslaughter of millions, the destruction of the ecosystems we rely on for our survival, and the extinction of up to 10,000 species a year. They will also be responsible for the mass starvation of billions of humans in just a decade or so. This is the work of the greed that capitalism encourages and desires in us. Capitalism only survives by us buying more and more things so investors receive returns. The GDP must keep going up and up and up forever or the system collapses. But we all know this is not possible. We have extremely limited resources, and for the GDP to keep rising, we need more and more people. We cannot continue to expand our population in perpetuity. The system was flawed at the outset, and its flaws have never been more apparent than now as we start to see our life systems unravel before our very eyes.
The capitalists and our corrupt governments are largely to blame for this destruction and the extinctions. They will also be to blame for the deaths as food and water runs dry. They were told by scientists that this would happen if they didn’t change course, but they continued anyway to keep the system going, and they ignore the reality of our distress as they fly around in private jets and moor their yachts off shore in the same place they hide their wealth. We are also complicit in this crime of ecocide. We all benefit from the system that is eating itself. Every day that goes by that we continue to talk about trivial nonsense instead of accepting our dire situation and acting. Every day that goes by as we bury our heads in the sand. Every day that goes by that we carry on buying pointless crap. Every day that goes by that we continue to feed 70 billion farmed animals in factory hell holes while almost a billion humans go hungry. Every day we stay silent as ecosystems collapse, we are complicit in the manslaughter of the global south. We are complicit in the needless resource theft of future generations. We are complicit in the future starvation and conflict that is surely going to arrive at our children’s door. We are enabling the worst to happen to our own children. Blame capitalism for ecosystem collapse, extinctions and mass starvation.
The global ecological crisis: a crisis in which we are the virus.
Our socio-economic model is environmentally unsustainable.
Thus, the real fundamental question is not whether it is possible to build a sustainable society, but rather whether it is possible to do so without sacrificing the fundamental values of the West and people’s well-being. If by ‘fundamental values of the West’ we mean things such as global rights, and political and civil liberties, the answer is a resounding ‘yes’. If we instead mean unchecked capitalism and a lawless market, then the answer is ‘realistically, no’.
Progressively evolving means a new information-age of a global culture, Global Community, and a new proactive civilization, the Global Civilizational State, of strong bonds and affinity between people to people. Global Community is neither blind, nor inept, it defines its own purpose, meaning and identity for peace, harmony, and solidarity that the established institutions of governance, in America or Europe or elsewhere, miserably failed to recognize or value their importance in global political affairs. Given the inherent systematic deficiencies, moral and intellectual corruption in worldwide political governance, and policy formulation toward the international community, Global Civilizational State is actively organized and morally and intellectually powerful to halt all the belligerent nightmares planned and orchestrated by the few war lords now governing the world. Making the needed change is never easy, and can challenge our ingenuity, and unfold the best in us to open the new vistas of human, intellectual and global opportunities.
Capitalism will slowly evolve into a Democratic Socialist system that will be able to provide the structures for maintaining democratic substance and resolving the challenges of a difficult future. Theory and logic indicate Socialism’s possible superiority. If centralized planners, especially in the technological age of data mining and artificial intelligence, responsibly control the processes, allocate resources, create an agreeable work ethic, and capably enter into the international trading system. Severity of forecasted global problems indicates that neoliberal Capitalism cannot meet the challenges, and a new socioeconomic system is demanded. Pure Socialism is an economic and political system, where the government owns much of production and controls most prices.
Democratic Socialism defines an economy and society that is politically democratic, allows private enterprise to generate surpluses and uses government controls to assure profits are optimally reassigned for both business (profit reinvestment) and public needs (taxation). Government policies, such as subsidizing, regulating, and distributing, help shape the economy. Social ownership of businesses is encouraged. These include worker-owned cooperatives, publicly owned enterprises managed by workers and consumer representatives, and workplace democracy, where workers sit on corporation boards. Some inefficient and vital industries necessitate some form of state ownership, but most industries are best run as private enterprises. Democratic Socialists consider central planning for major public industries such as mass transit, housing, and energy, and permit market mechanisms to determine the demand for consumer goods.
In recent weeks, the bankruptcy of global capitalism has been exposed to millions as the system has gone into deep crisis and its representatives have failed to take the measures needed to stem COVID-19’s spread. This has been no accident. As scientists and health care professionals shouted themselves hoarse over the need for an urgent response, Trump and the political establishment were slow to act out of a desire to defend business-as-usual and Wall Street profits. At the root of the U.S.’s vulnerability to coronavirus has been not only Trump’s breathtaking failures but also the lack of a Medicare for All style health care system. Both parties have long fought fiercely against public health care, their determination to put profit before human lives didn’t begin with the current crisis. In reality we need to go further than Medicare for All, toward a socialized medical system in which the hospitals, health care, and pharmaceutical industries are taken into democratic public ownership, and run by the workers on the basis of human health and not profit.
Gross Domestic Product (GDP), the monetary value of all finished goods and services, is a distortion that needs fixing. GDP distorts reality by giving an appearance of real economic growth even as living standards stagnate for lower/middling classes. GDP totally misses ecosystem collapse by abuse/misuse/overuse, which is only noticed by the general public after it’s way too late when it’s easily noticeable, even by those of low self-esteem that blindly follow tyrannical maniacs.
Politicians see positive GDP numbers, which inspires them to continue with the status quo, meaning they do not focus on key aspects for sustainability, as well as human well-being. GDP does not compute environmental degradation. GDP does not register societal divisions that build tension over massive wealth disparity. And, GDP overlooks calculations of lowered standards of living for the abandoned middle class, as they increasingly deploy mountain-loads of debt to support bogus lifestyles. GDP does not paint a true-life picture. Rather, it’s a wobbly ghostly statistic that measures business activity without consideration for humanity or ecology, begging the question: What’s really important in life?
GDP numbers do not hint at issues with (1) sustainability of resources, (2) climate crises, or (3) the well-being of the people. Yet, all three are crucial issues under stress like never before. Furthermore, GDP totally misses crucial points supporting societal existence from an ecological perspective. GDP does not calculate, does not represent, and does not hint at the scarcity value associated with overuse/abuse of natural resources accompanied by egregious planet-wide degradation, e.g. the gooey tar sands in Alberta, Canada. The missing GDP calculations result in cultural upheaval as people increasingly “hit the streets” in protest, aware that “something is not right.”
The most daring attack to multilateralism during the outbreak came, as was expected from Mr. Trump who levelled a stinging charge on WHO, of being China-centric and in the same breath, called for stopping the funding to the agency for mismanaging the outbreak. What we see happening in the world is resurgence of geopolitical competition between the big-powers, declining respect for international rules and go-it-alone strategies of populist leaders who for their narrow political ends sing the songs of unilateralism and protectionism. The picture that emerges is an increasingly atomised international system, devoid of global cooperation and solidarity, with no respect for rule-based international order. Interestingly, if we are to cope the challenges in the post-pandemic world, solidarity is a must or else, a Hobbesian world order awaits us, involving unrestrained, selfish, and uncivilized competition among nations.
Corporate capital is unleashing a systematic disruption in the collective bargaining power of the workforce. That is, on account of the specific character of the service sector, that today comprises more than two-thirds of the global GDP, having relatively more white-collar professions, digitalization with its emphasis on home-based work, has made it easy for capitalists to deal with employees on an individual or personal basis. Together with this, digitalization coupled with the new advancement in processing technologies that makes it possible to decentralise or decompose production into several stages has enabled corporate capital to devise a neoliberal version of the putting out system of transplanting ‘toxic’ and cheap labour-based stages of production to the dependent countries. This is speeding up a new division of labour in material production both at the global and regional levels leading to super-exploitation of workers and toiling masses through various arrangements for organising labour such as ‘flexible specialization’, outsourcing, assembly lines, etc. To be precise, through what is called ‘informalisation’ or ‘disorganisation’, of the workforce, digital imperialism is swiftly reinforcing its global reach ensuring the highest rate of profit at minimum cost mainly through pushing down wages using digital platforms and tools.
Probably, the most crucial issue that accelerates the decline of US imperial reach is with regard to dollar itself. Omnipresence of the dollar that provided American finance capital an unparalleled opportunity for neo-colonial control has also been the most conspicuous expression of US hegemony. Being the only generally acceptable currency for international transactions, countries had to hold dollar as unit of account, medium of exchange and store of value. While other countries have to forego real resources for dollars, as the issuing country of dollar, the US could print any amount of dollar and purchase from or invest in any part of the world. US could finance its aid programs and military adventures out of the printing of dollar. Governments and central banks the world over were bound to keep their reserves in dollars and so on. However, obviously and logically, there is another side of the picture. That is, this dollar-denominated international arrangement has become an obstacle and at many times came in to conflict with the interests of other imperialist powers contending with US imperialism. Moreover, the underlying and badly needed symbiotic relationship between dollar as vehicle currency on the one hand, and US as world’s leading trader and capital exporter on the other, has already been broken—a repetition of what happened to pound sterling during the final decades of colonialism when Britain was still continuing as formal colonial leader. To be precise, today dollar continues as the international currency not based on the economic strength of US but only because of the absence an alternative arrangement.
It is in this context that imperialist China’s efforts to deal with US interference in international monetary transactions assume strategic political importance. China had already started using its currency Yuan along with local currencies in trade with its closest partners comprising almost half of the global trade volume. The transactions here are settled through the CIPS (Cross-Border Interbank Payments System bypassing the SWIFT (Society for Worldwide Interbank Financial Telecommunications headquartered in Belgium since 1973) network payment system that uses dollar as the medium of cross-border settlements and therefore alleged to have a partisan approach to US in sharing financial information. Along with this, China is in the process of launching a digital or crypto-currency called e-RMB (e-Renminbi) for circumventing the role of dollar in global transactions. The digital currency/cyber money developed with the involvement of Chinese digital giants like WeChat and Alipay has already become acceptable in many Chinese cities and is widely used for almost all transactions including salary payments. In the present international monetary system in which dollar is the numeraire, many countries are already fed up with US interference in their transactions. For such countries, the internationalisation of digital Yuan will be very attractive.
Revealingly, with the application of ‘digital intelligence’ through such technologies as blockchain, the Chinese digital currency is designed in such a manner as to accomplish total non-interference from the Chinese Central Bank and this is expected to strengthen the general acceptability of ‘Chinese digital Yuan’ among the international community. If the Chinese initiative becomes successful and digital Yuan starts functioning, it will erode the role of dollar as world’s main reserve currency. Parallel to this, China is also planning to divest its trillions worth of dollar-denominated foreign exchange through outright write-off of loans of its closest partners or purchase of foreign assets or as OBOR investments abroad. Meanwhile, as per reports, the US also is planning a counter-offensive by developing a digital dollar project. No doubt, as manifested in the assassinations of Saddam Hussein and Gadhafi, US imperialism will go to any extent to eliminate any threat attempting to replace the dollar with another viable international medium of exchange. The multi-faceted and concerted China-bashing and Sinophobia now unleashed by Trump administration is to be viewed in this perspective. However, according to latest information, France has successfully tested a digital euro, and similar experiments are going on in Japan, Canada and UK. No doubt, the outcome of such simultaneous emergence of Central Bank Digital Currencies (CBDCs) including their use in global interbank settlements will be nothing short of a gunning for the dollar from rival contending centres.
In a socialized system, an epidemic will not lead to economic uncertainty; the public will know that basic care will be provided. Nor will there be confusion of for whom, how, where, and when health services will be available.
With Covid-19, the very idea of American exceptionalism may have seen its last days. The virus has put the realities of wealth inequality, health insecurity, and poor work conditions under a high-powered microscope. Fading from sight are the days when this country’s engagement with the world could be touted as a triumph of leadership when it came to health, economic sustenance, democratic governance, and stability. The pandemic has laid bare the diverging gap between interests of the billionaire financial elite indulging in terribly destructive plunder of nature and labour on one side, and the needs and sustenance of the working class and broad masses of people on the other. Our present financial system is unsustainable, and it works for the interests of a few very rich people. For the sake of the long-term future, we must build a sustainable, steady-state economic system, an economic system which reduces inequality, and which serves the broad public interest. Intolerable and unjust economic inequality is increasing rapidly, both within and between nations. Statistics show that half of the world's net wealth belongs to the top 1%. They own as much as the remaining 99% of the world's peoples, the other 7.4 billion of us.
There are only 2,153 billionaires in the world, according to the report, but their wealth matches that of more than 4.6 billion people, or about 62 percent of the world’s population, estimated to stand at 7.7 billion. The gap between the wealthy and all those who fare less well looks even more prominent if to compare the combined income of the richest of the rich, the top one percent, to that of some 6.9 billion people. The only way to tackle inequality is to raise taxes. Taxing additional 0.5 percent of wealth of the top 1 percent over the next decade will provide governments with enough funds to create 117 million of jobs in health, education, elderly care and other sectors.
The Covid-19 epidemic has proven the final test for the capitalist system, which had a temporary rescue by neoliberal free enterprise. The capitalist system cannot responds to the crisis and falls apart in all its formations: economy dropped precipitously, shortages of medical equipment appeared, health institutions did not know where to obtain supplies, workers were stranded, industry did not know how to proceed, and the Republican government reacted too slow and too uncoordinated. In a Democratic Socialist system, the economic emergency only means a delay in production. No matter how long a crisis lasts, in a Democratic Socialist society the community’s basic needs are provided and citizens are secure in knowing full employment is eventually guaranteed. For neoliberal free enterprise, in which production and GDP are dependent on debt, the economic emergency means a drastic decline in revenue that prevents many from meeting credit payments, a prelude to bankruptcies of industries, financial sectors, small businesses, and individuals. Recovery will be punishing, and, for many, unemployment will be high and insecurity prevalent. The dollar will fall, inflation will increase as import prices increase, and much of U.S. export market will be lost.
The pandemic has made it clear that a society of self-seeking individuals is not a society. A society is a social system. A successful social system is one that can support its members. Once a self-sustaining social system exists, then there is a basis for people to branch out on their own. But without a sustainable social system, there can be nothing. Appeals to corporations to exercise conscientious self-regulation do not work. The reason is simple. Mentally healthy living humans have a conscience. Corporations are constructs of law. They have no conscience beyond whatever responsibilities the law may require of them. Corporations that are under the control of individual humans, rather than the financial markets, may act responsibly when those individuals possess a deep concern for the common good. Most large corporations are captives of financial markets that drive the pursuit of short-term financial gain with no concern for the social or environmental consequences. Not only do they fail to serve the common good, but they are also driving us all toward civilizational collapse. Indeed, they are driving us toward human self-extinction. These conditions create an imperative for urgent structural change. Fortunately, corporations are entirely human creations. Indeed, there is no equivalent in nature. If they do not serve our needs, humans have both the right and the means to change them.
Governments must act now to build a human economy truly matters to society, rather than fuelling an endless pursuit of profit and wealth. Investing in national care systems to address the disproportionate responsibility for care work done by women and girls and introducing progressive taxation, including taxing wealth and legislating in favor of carers, are possible and crucial first steps. One reason for these outsized returns is a collapse in taxation of the super-rich and the biggest corporations because of falling tax rates and deliberate tax dodging. At the same time, only 4% of global tax comes from taxation of wealth, and studies show that the super-rich avoid as much as 30% of their tax liability. Extremely low corporate taxation helps them cream the profits from companies where they are the main shareholders; between 2011 and 2017 average wages in G7 countries increased by 3%, while dividends to wealthy shareholders grew by 31%.
The USA political approach favors free-market capitalism, and generally associated with policies of economic liberalization including privatization, deregulation, globalization, free trade, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. This currently dominant USA neoliberalism seeks to maximize the freedom of the smart and advantaged to exploit human and natural resources for private profit. In contrast, social humanism (socialism, democratic socialism, eco-socialism, the welfare state) seeks to sustainably maximize human happiness, opportunity and dignity through evolving, culturally-cognizant intra-national and inter-national social contracts. Neoliberalism has resulted in huge and growing wealth inequality that endangers democracy (Big Money buys public perception of reality and votes) and endangers the economy (the poor cannot afford the goods and services they produce), this impasse leading to demands for imposition of wealth taxes.
It is worth remembering that a corporation exists only when a government has issued a charter. There is no legitimate reason for any democratically accountable government to issue a corporate charter other than to serve a public purpose. Similarly, there is no legitimate reason why a corporation chartered by one government jurisdiction has any inherent right thereby to do business in any other jurisdiction unless granted that privilege by the people of that jurisdiction through their government. That current law contradicts these simple truths is a consequence of corporate interests’ ability to manipulate the legal system. Current rules governing corporate conduct encourage and reward what should be treated as criminal behavior.
Current laws governing corporations:
1. They allow corporations to reap the rewards of their decisions without bearing the full costs. For example, when they evade paying taxes, they evade paying their fair share of the costs of infrastructure, education, or other essentials of doing business.
2. They allow the corporation to assess value only in terms of financial costs and returns, thus ignoring the need to secure the health of Earth’s regenerative systems on which all life depends.
3. They allow corporations to use their enormous financial resources and centralized decision-making to shape public opinion and pressure politicians to assure that laws favor corporate interests instead of public interests.
Calls for corporate responsibility generally assume that those who work for corporations, especially top management, are free to exercise moral responsibility on behalf of the corporation should they choose to do so. This ignores an important reality. Unless they own the corporation, those who lead a corporation only appear to be in charge. They serve only at the pleasure of financiers who compete for control of any corporation that is not taking full advantage of opportunities to maximize profits – which often means externalizing costs.
Trying to set and enforce rules at a global level to force transnational corporations to serve the people and planet they were created and designed to exploit would be an exercise as futile as a call for voluntary responsibility. A better solution is to break up transnational corporations and restructure them in ways that assure community accountability. How this might be done to best serve the well-being of people and Earth is a topic worthy of serious discussion, with implications well beyond the corporation.
Capitalism is structurally flawed. Its dependence on ever-expanding consumption cannot answer the environmental crises necessarily entailed by such consumption. And economies that are being artificially “grown”, at the same time as resources deplete, ultimately create inflated bubbles of nothingness. Pandemics like COVID-19 are the outcome of our destruction of natural habitats: to grow cattle for burgers, to plant palm trees for cakes and biscuits, to log forests for flat-pack furniture. Other lifeforms are being driven into ever closer proximity, forcing diseases to cross the species barrier. And then in a world of low-cost flights, disease finds an easy and rapid transit to every corner of the planet. No, capitalism is now in survival mode. That is why western governments will, for a time, try to “bail out” sections of their publics too, giving back to them some of the communal wealth that has been extracted over many decades. These governments will try to conceal for a little longer the fact that capitalism is entirely incapable of solving the very crises it has created. They will try to buy our continuing deference to a system that has destroyed our planet and our children’s future.
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Proceedings of Global Dialogue 2020
Proceedings of Global Dialogue 2020 (September 1st, 2019 to August 31, 2020) are ready for reading. Please do verify that your articles, comments and papers were correctly published, and that recommendations were appropriate, useful, pertinent, and proper. Authors of research papers and articles on global issues for Global Dialogue 2020 were published in the Dialogue Overview section at
Global Peace Earth
Ministry of Global Peace in government
Over the past decades we have shown that peace in the world and the survival and protection of all life on our planet go hand in hand. Asking for peace in the world means doing whatever is necessary to protect life on our planet. Protecting life implies bringing about the event of peace in the world. Let our time be a time remembered for a new respect for life, our determination to achieve sustainability, and our need for global justice and peace.
Our Global Peace Mouvement is about the courage to live a life in a harmonious peace order and showing by example, thus preventing poverty, wars, terror and violence. We need to educate the coming generations with good principles, being compassionate, social harmony and global sustainability being some of them.
Soul of all Life said in Global Peace Earth "Soul of all Life teaching about Peace: Introduction"
Peace is being who you are without fear. It is the "being who you are" who must be taught a value based on principles to live by. Only principles described in Global Law are necessary and required to attain Peace in the world.
Cultural Appreciation Day: August 22
Along with all the global communities, the Global Community, all life on Earth, and the Soul of Humanity can rightfully claim ownership of the Earth as a birthright: October 6
Founding of the Global Community organization, Global Community and the Federation of Global Governments: October 6 , 1985
Global Citizenship Day: October 6
Tribute to Virginie Dufour, the first Secretary General of the Global Community organization, who passed away April 28,2000
The Global Exhibition: August 17-22
Nationalization of natural resources: October 6
Global Peace Movement Day: May 26
Global Movement to Help: May 26
Global Justice for all Life Day: October 6
Global Justice Movement: October 6
Global Disarmament Day: May 26
Planetary State of Emergency Day: May 26
Global Community 25 th Anniversary Celebration (1985 - 2010): October 6
Celebration of Life Day: May 26
Planetary Biodiversity Zone Day: September 26
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