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Ha-Joon Chang: US Does not Have the Highest Living Standard
Anyone,
Statistics, like any other tool, can be used to accomplish a specific task, and there are at least 2 major categories that the many possible tasks fall under.
A. To increase the accuracy of human perception
B. To willfully misinform a targeted group of people
There are many people within the boarders of the Nation State, or State Corporation known as U.S.A. Inc. (LLC) whose living standard is regressive, whereby this group of people are starving to death, for lack of power.
While people within the boarders of U.S.A. Inc. (LLC) are starving to death there is a group of people who are in command of so much power that this group can, and does, conduct aggressive wars for their exclusive profit, at the expense of all the people who are not in this exclusive group.
A. The group on the far end of the low standard of living (powerless)
B. The group on the far end of the high standard of living (powerful)
Any statistic that combines those two groups into one group, as if a person in one group is no different politically, or no different economically, than a person in the other group is a misleading statistic - yes or no?
CHANG: --yeah, number one, I mean, has persuaded a lot of people of the world, if we want to be like them, we need to adopt American-style free-market capitalism.
It is past time to abandon the practice of reading from the false script.
If someone within the legal boundaries of U.S.A. Inc. (LLC) will succeed in moving from the far left, or starving, or low standard of living end, to the opposite end, or the rich end, or the powerful end, then someone living in the legal boundaries of U.S.A. Inc. (LLC) has to get power to do so, and there are few free market options.
There may be many Free Market tm (trade mark) options.
A very talented person is born with power, while someone not born with a great supply of talent power is out of luck.
A very hard working person, someone who earns power by producing more power than they consume, and then uses that surplus wealth earned in the work of creating even more power can accumulate more and more power within the legal reach of the law enforcers who run U.S.A. Inc. (LLC), and there are many good examples, such as Elon Musk.
How much of that power is talent, how much is hard work, effective work, and how much of that power, controlled by Elon Musk, is spent by Elon Musk, in the work of avoiding a loss of power resulting from crimes perpetrated upon Elon Musk, or anyone within the legal reach of the enforcers who run U.S.A. Inc. (LLC)?
In context, could an Elon Musk, produce more power, and consume less, if Elon Musk was no longer effected by the actions of the enforcers who run U.S.A. Inc. (LLC)?
Would an Elon Musk, hard worker type, high producer type, low consumer type, fare better in another country or not?
What happens if the answer to the above question is provided by a careful look into the record of monetary exchanges between Elon Musk and all the people connected to him, as Elon Musk moved from a low standard of living to a higher standard of living - follow the money?
One of the things Elon Musk was able to do, in his short history, is to cause money to flow from people he contacted to him, as that flow of purchasing power flowed from investors to Elon Musk, so as to empower Elon Musk with the necessary power required to move Elon Musk from a low standard of living to a high standard of living, rather than Elon Musk having to sell things to get the start up money, Elon Musk sold ideas, sold investment plans, to get the power needed to start up the projects that produce more power, and more power, so as to move Elon Musk from a lower standard of living to a higher standard of living.
Recently Elon Musk had to find sources of investment money outside the legal boundaries of U.S.A. Inc. (LLC), on that money trail, so those facts measure the competitive differences between U.S.A Inc. (LLC) and other legal competitors in the sphere of economic surplus wealth creation. Since Elon Musk had to get credit off-shore, so as to have enough power (credit) to produce more wealth on-shore, that fact is worthy as significant data in the task of measuring which legal system works better (the U.S.A. Inc. system or a competitor) in the work of allowing human beings to produce more surplus wealth, and therefore increase the standard of living, so this illustrated, real time, example, provides accurate data so as to reach a reasonable conclusion - when looking for a higher quality system, at a lower cost.
You can call the U.S.A. Inc. (LLC) system an example of a Free Market System (tm), but what does that mean? It is not a free market system if credit is supplied by one, and only one, legal supplier, and members of the system have to go outside the system to get credit, the opposite is true, the facts show that the U.S.A. Inc. (LLC) system is a closed system, a monopoly system, and not a free market system. Calling it a free market system is akin to calling a lie a fact. A lie is a lie. A fact is a fact. Confusing the two makes a lie look factual, and a fact appear less factual, so why do it? Is the goal such that the participants desire confusion, on purpose, for some, secret, reason?
A. Free Market (tm) U.S.A. Inc. (LLC) system of extortion operating under the false flag of a free market system.
B. U.S.A Inc. (LLC) in competition with other competitive closed, exclusive, systems, constitutes a free market, so long as people in one closed system retain the power to choose products from another closed system.
Pointing at a legal extortion racket and calling it a Free Market is false. Pointing at competition between rival legal extortion rackets and calling that a free market is less false, closer to the truth.
A free market can be a human social structure that suffers a minimum cost associated with crime, legal or otherwise, as the free market participants retain the power to choose who they choose to connect with, what they choose to transfer among their chosen associates, and by what methods the exchanges are conducted, voluntarily, without willfully causing injury to innocent victims, against the will of the victims, or even against the knowledge of powerless victims within a free market defined by the people in that free market in that specific way.
Criminals define a Free Market as a market in which the victims are free to exploit in any way imaginable. How Free can a Market get?
Torture, mass murder, and threats to the survivability of the human species reaches the limit of that Free Market defined in that way by those who define torture by torturing, and those who define mass murder by mass murdering, and those who define threats to the human species by causing things that do threaten the human species, even if they say they are cooking fried chicken. They lie, and the victims don't have to believe the lies if they gain the power to choose something other than believing in lies.
In the U.S.A Inc. (LLC) power struggle, the credit for producing more surplus wealth, and the credit for increasing the human standard of living, flows from those who produce surplus wealth to those who operate the legal money monopoly business, and they are no longer investing that power here at home - obviously - measurably by following the (dollar) money flow.
That can hardly be called a Free Market. The power to produce surplus wealth, credit, and money (purchasing power), is taken from those who produce surplus wealth (the only one's that pay positive tax payments), here in U.S.A. Inc. (LLC), and then that power is sold back to those producers of wealth, or not sold back to those producers of wealth, depending upon which part of the business cycle the operators of the legal money monopoly (Dollar Hegemony) are currently enforcing.
The paper trail documents the fact that the legal monopoly money power (The Federal Reserve Dollar Hegemony) is currently enforcing the bottom part of the business cycle, neither busting the business cycle more, nor booming the business cycle, here in U.S.A. Inc. (LLC); however there does exist evidence, in various forms along the paper trail (or digital trail), when following the money, that indicate that the operators of the legal money monopoly within the legal reach of U.S.A. Inc. (LLC) are well prepared to boom an economy somewhere, since those operators have doubled the number of dollars in 2008, therefore there is a great potential for those legal criminals to boom an economy somewhere, by causing all that purchasing power to flow to specific people they decide to transfer that power to, for whatever reason they alone dream up, in secret.
That is hardly a case of a working Free Market.
The script these people are reading from is false, by a wide margin - perhaps sarcastically, by some measure.
The Swiss have a higher health standard, I mean, judged in terms of life expectancy and so on. The US is a very unequal society. It has a much higher crime rate. On per capita basis, the United States have 12 times more people in prison than in Japan, eight times more people in prison than European countries. So this is a consequence of, you know, unequal society.
JAY: Well, in that respect, the US is number one.
I would like very much to spend a lot of time on the concept of Purchasing Power Parity, because that is a measure of the quality (and cost) of the various competitive monopoly monies. A monopoly money is a monopoly only within the legal reach of the producers of that example of legal monopoly money power.
Illustration of two Examples may suffice to show the difference between a working legal money monopoly and a working competition between legal money monopolies.
A person living in China does not have to pay taxes to the legal fiction known as U.S.A. Inc. (LLC).
A "citizen" of China does not pay U.S.A. income tax directly, and therefore a wealth producer (the only source of tax power) producing wealth in China has no need to acquire dollars to pay off a U.S.A. Inc. (LLC) tax debt.
The opposite is true. A surplus wealth producer inside U.S.A. Inc. (LLC) does not have to possess Chinese legal money to pay Chinese income taxes.
Chinese people have to get Chinese monopoly money to pay Chinese tax debts.
American people have to get U.S.A. Inc. (LLC) money to pay U.S.A. Inc. (LLC) tax debt.
The Chinese producers of wealth are required to produce enough surplus wealth to get enough Chinese dollars to pay their taxes; by whatever means that is now being accounted in China - I don't know how their tax system works.
A U.S.A. Inc. (LLC) producer of wealth is required to produce enough surplus wealth to get enough U.S.A. Inc. (LLC) dollars to pay income tax; failing to do so will result in punishment and a loss of productive power that exceeds the loss of the productive power known as income tax.
In other words: OBEY
The wealth producers must transfer productive power called TAX or the wealth producer will pay even more productive power called PUNISHMENT for TAX EVASION.
A. Rock
B. Hard Place
And the wealth producer must use the legal monopoly money to pay the TAX, or failure to use the legal money is the same thing as failing to pay the TAX at all.
A. Pay up
B. Pay up with dollars
C. Failure is not an option
So people under the punishment mechanism within U.S.A Inc. (LLC) are captive within that monopoly money system of fraud, having no choice to use any other currency, they must use The Dollar, or else they are guilty of Tax Evasion, and the people of China must use the Chinese money or something similar happens to them.
That shows how a legal money monopoly avoids the force of competition within their own legal boundaries, as each victim is forced to use whatever money the legal power produces, no matter how low the quality of the money, and no matter how high the cost of the money may be within that legal enforced money monopoly extortion racket.
But, and here is the ugly head of competition, from the viewpoint of the legal criminals, The Dollar Hegemony must compete for market share against other legal money enforcers and the winner of that competition is measurable as Purchasing Power Parity.
A. Dollar quality (power to purchase) and cost (interest rate) is X
B. Chinese money quality (power to purchase) and cost (interest rate) is Xy
Who wins?
This can be known easily. If both China and U.S.A. Inc. (LLC) changed their laws to allow all tax payers to pay with either/or Chinese money or Dollar Hegemony money, then what happens?
You have to use your own brain for awhile, and you may have to stop reading from the script to do so, but that question above unravels much confusion, if you want to unravel much confusion.
If both countries changed their laws to allow all tax payers to pay with either the local monopoly money or the foreign monopoly money there would no longer be a monopoly, and purchasing power parity would quickly reach equal purchasing power; assuming, of course, that people do what is in their own best interest, and people no longer choose to do things that cause injury to themselves while they can easily avoid such injury to themselves.
All the tax payers would choose to be paid with the higher quality (more powerful) money (at the lower cost) and therefore the force of competition would force the producer of the lower power money (at the higher cost) to either increase power (and lower cost) or go out of business for lack of market share.
A. Better money (more power and lower cost) wins = higher purchasing power parity
B. Worse money (less power and higher cost) loses - lower purchasing power parity
Less bang for the buck loses
More bang for the buck wins
If the Dollar Hegemony money is much higher in power (and lower cost) compared to the competition, in this case the Chinese money, then all the tax payers in China would demand payment in the higher quality, and lower cost, money, and there would be no one left on Earth using the Chinese money so long as the Chinese money remained lower in power and higher in cost.
The fact that the Dollar Hegemony legal monopoly extortion racket people have used their power to gain exclusive control over the price of oil, and they have done so through the investment of a very powerful criminal military force, is not NEWS, it is fact, and it cannot be overlooked if the idea is to understand political economy on a Global scale, and therefore understand how, and why, The Dollar Hegemony has managed to keep their monopoly legal money more powerful than all the competition, whereby all the competitors have lower quality monopoly money, and higher cost legal extortion racket money.
That is called The World Reserve Currency competition and the old winner may soon become the new loser, and that, by all information I have found so far, is on a schedule, it is being planned to occur, on purpose, because failure to maintain control of The World Reserve Currency (monopoly) will usher in a new age of prosperity, a sudden and rapid surge in total surplus wealth, and abundant power world wide, so much excess power, in fact, that the victims will have enough power to avoid being victims, and the legal criminals are thereby overpowered, the legal criminals will then be rendered powerless, and the legal criminals are no longer powerful enough to eliminate competition when that happens, and therefore all forms of currency will be forced higher and higher in quality and lower and lower in price, because no force will be forcing one single low quality and high cost money upon the clueless, hapless, and powerless victims.
One of the costs of monopoly money enforcement is the transfer of surplus wealth from those who create surplus wealth to those who operate the legal money supply, as those legal criminals perpetuate a planned, scheduled, enforced business cycle, where the insiders know when to buy (at the bottom of the bust) and when to sell (before the top of the boom); which has been the method by which all surplus wealth has moved from the control of those who produce surplus wealth to the legal criminals who operate their extortion rackets.
Another cost of monopoly money enforcement is torture and mass murder.
Another cost of monopoly money enforcement is the measurable move toward extinction of the human species.
It can't get any worse than the willful extinction of the human species, unless I'm missing something, which is entirely possible, therefore anyone else can chime in here, and help me see my errors.
JAY: Yeah. I mean, it's a combination. In the first years after World War II you have the Cold War put in kleptocracies and dictators, 'cause the only issue that the West cared about in Africa, that there wouldn't be national liberation movements that somehow would be allied with socialism. And now you have the IMF and structural adjustment policies.
That is a prime case of reading from the (false) script, like saying: "We failed to spread democracy in Vietnam" when referring to that aggressive war for profit which did help manage to perpetuate The Dollar Hegemony power flow as power did continue to flow from the victims of The Dollar Hegemony to the operators of The Dollar Hegemony. They won the Vietnam war, it is proven along the paper trail, if the money is followed, if the account is accurately known.
What you must understand, in my view, is that the power struggle is a power struggle between people who produce power, and people who steal from people who produce power, and the proof is measurable as surplus wealth flows in real time. When the people who produce power are able to avoid having their power stolen, less power flows to the legal criminals, the total amount of surplus wealth increases, and increases in inverse proportion to the rate of power flowing to the legal criminals.
The legal criminals use the power stolen in the work of eliminating competition, which is, by definition, destruction, such as aggressive wars for profit, such as environmental pollution, such as punishment and imprisonment of non-criminals for the crime of competing (thought crimes, victimless crimes, tax evasion, etc.), and the legal criminals use the power stolen to recruit larger numbers of criminals who join the legal crime business, through subsidy, tax breaks, bail-outs, munition industries, no-bid "reconstruction" contracts, political "contributions", etc, and all that power could, and would, have been used to make more power instead of having all that stolen power consumed in the work of perpetuating destruction.
To parrot the lie that the operators of U.S.A. Inc. (LLC) were once fighting socialism, or communism, or defending against the evil enemies during the Cold War, or the new evil enemies in the War on Drugs, or the War on Terrorism, is a subsidy, or a tax payment, a political contribution, a form of welfare to the rich, and that choice actually transfers power to the legal criminals, as that choice, to read from that false script, covers up the truth, and hides the facts, and empowers, and facilitates, and encourages, and emboldens, and enables the legal criminals to continue their perpetual crimes.
The Dollar Hegemony is a legal money monopoly, a crime, it is extortion, and it is well past time to know this fact, and well past time to work toward avoiding victimization from it.
The Dollar Hegemony has competitors, other similar criminal extortion racket operators, and it may well be a good idea to know that criminals can agree to combine their forces, instead of fight among themselves, and then the once competitive criminal powers form a cooperative larger consortium of criminals, where all the separate opposing criminals join together into one homogeneous criminal cabal, and in so doing they are no longer expending much of their stolen power in the work of destroying each other, and therefore they have more stolen power to employ in the work of destroying all competition everywhere that competition may arise, so as to be able to ensure that the power supply remains scarce, and therefore they alone have control over the price that everyone who needs power will have to pay to get control over the scarce power supply.
Knowledge is power, why do you think lies are produced in such great quantities?
To maintain a scarce supply of the power of knowledge.
Too much knowledge renders the legal criminals powerless in their work of stealing power.
Oil is power, electricity is power, law is power, why do you think that lies are produced: to cover-up all the actions that are being executed in the work of monopolizing the supply of oil, electricity, and law?
What happens when oil flows like water? Would anyone purposefully make oil power scarce?
The price goes down when the supply reaches abundance. Money power goes up (you can buy more with one dollar) when oil prices go down; because power reduces the cost of production.
What happens when electricity becomes much more abundant, flowing from home based Solar Panels, farm based Wind generators, water based tide generators, etc.?
What happens when knowledge is no longer trapped within a closed system of false reality?
What happens when people are no longer left with one false script to read?