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New Economy 2015: Trickle-Up Economics

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[SPECIAL SERIES PART 2 of 3]  In Part 1 of this three part series, The Future of Capitalism, we learned that capitalism is not sustainable without growth, nor does it allow for conservation in equal measure.

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Though it was acknowledged that capitalism has generally served us well, many readers took great exception to the possibility that capitalism doesn’t truly provide the equal opportunity for all that it promises. And perhaps competition, which requires a loser for every winner—the true trickle-down effect—isn’t such a good thing. Can’t we collectively drive prices down and insist on quality by simply making our purchases elsewhere?

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Reader Comments

Some readers requested other readers (and this author) to take an Economics 101 class. Does E101 address that free market conditions don’t actually exist as currencies, commodities and even interest rates are manipulated on a daily basis? What about when governments play economic hit man with each other at our expense?

Other readers cited exploitive (predatory) capitalism as the problem. Is unlimited speculation off the backs of the working class—profits are privatized/losses socialized—covered in a Harvard MBA? When is it recognized that the only reason for making derivative formulas so complicated that a PhD is required to develop it, that maybe not everyone’s best interests are included in the formula?

A few readers panicked at seeing the word socialism mentioned, taking the entire article as pro-socialist when it was only mentioned that when there is no upward movement, for all the innovation that capitalism brings in high growth mode, it slides backwards just as quickly as funding for infrastructure, scientific exploration, healthcare and education dry up, leaving us with insufficient safety nets.

Since we have thirty years of economic data that says trickle-down economics doesn’t trickle all the way down, but tends to float on top, can we take the best of what capitalism has to offer, returning to its practical application? Or, can we do better, creating win-win, instead of win-lose?

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A New Economy

The Organisation for Economic Co-operation and Development (OECD) report cited in Part 1 concluded that, “Cash transfers and increasing access to public services, such as high-quality education, training and healthcare, are an essential social investment to create greater equality of opportunities in the long run.” And they are exactly right. Why? Because capital is put back into circulation. Notice how cutting social services and austerity measures have failed to alleviate capital shortages or generate growth.

If you wonder who is going to pay for a cash infusion and services, you are already paying for it, but so inefficiently that politicians and citizens alike are baulking at the idea even maintaining what we currently have in place—and rightly so.

Most present human activity, including capitalism, is entrenched in short-term gains rather than playing for the long run. War is inefficient; debt-based economies are inefficient; even charitable organizations are not running at peak efficacy as we continue to band-aid the side effects of unsustainable economic activity, rather than addressing root causes.

Again, to acknowledge all the good bits found in capitalism, there are many capitalists who adhere to ethical business practices and only use competition as a means of making sure to provide a unique, fresh angle to their product or service that nobody else is offering (which sounds a little more cooperative in nature). Many a small community is thriving and wouldn’t change a thing.

Whatever economic system(s) we embrace, it must include social agreements, social responsibility, and allow for conservation in equal if not greater measure as we plant the seeds of tomorrow. We are presently living the ongoing results of our failure to adequately address these essential elements.

Why Trickle-Up Matters

Trickle-up economies capitalize from within, beginning at the grassroots level. Trickle-up mirrors nature in that it supports the genius that exists all around us, rather than acting out predatorily. Who starts the trickle? You do.

Trickle-up includes accepting responsibility for being the face of change in the world by supporting paradigms that serve all of humanity, starting locally. When we come together cooperatively, the cost to the individual is very small while the rewards are very large. i.e. Imagine if each of us volunteered just a few hours each month.

Trickle-up business models do already exist, and not as a new form of socialism. Non-profit cooperatives (NPCs) such as food and banking NPCs, employee-owned businesses, private foundations and charities are just a few examples. When you back a non-profit, your investment is returned to you in the form of reduced costs on products or services, and sometimes even in cash. That capital is then pumped directly back into the economy, improving everyone’s quality of life.

In this author’s neighborhood, a credit union is literally depositing $5,000,000 back into its member’s accounts by the first of the year. Subscription food coops are healthfully springing up and non-profit medical providers are thriving—all regardless of economic conditions. These organizations actually are profiting quite nicely, but not at the expense of their employees or other organizations.

Profits are not being pocketed by just a few, but are returned to those who believed in and supported the business’s mission statement—its survival contingent on serving the good of all. What is happening in your neighborhood?

Other examples include crowd funding and open-sourcing. Both encourage transparency, accountability and collaboration in a non-threatening and even exciting environment. Dynamic and responsive, everyone’s genius is recognized, no matter how small the contribution. Efficiency is more quickly assessed in an uninhibited environment. What other constructs can you think of that are trickle-up?

What’s Next?

What is clear is that man-made globally systemic poverty is the result of competing for resources, regardless of what economic flag you wave.  As nano-technology and 3D printing continue to automate manufacturing and reduce labor requirements, humanity will be undergoing another workforce reduction. This transition will terrify those unprepared. So let’s prepare!

In my opinion, a gift economy is truly the only universal economy that serves humanity and the planet. But until then, multiple economic models will continue to co-exist. For those who enjoy risk and wild speculation, venture capitalists can go play with other venture capitalists and compete all you want, but let’s end the corporate socialism. Let’s end corporations profiting off the negative aspects of our culture, and that includes charities whose agendas are self-serving.

In Part 3, we will learn more on how to create a trickle-up economy, beginning with you. To move humanity to the next stage of our evolution, we must learn how to tap into our individual creative genius and collaborate. (Hint:  Your unlimited creative genius is also what creates your unlimited income stream.)

[UPDATE 05/20/15: 5 Banks to Pay Billions and Plead Guilty in Currency and Interest Rate Cases]

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Parts of this article excerpted with permission from the What Would Love Do Foundation Supplementary “Creating a Trickle-Up Economy.” © Copyright 2014.  You may copy, distribute and display such content as long as you mention and link back to the What Would Love Do Foundation and do not change the content or use it commercially.

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Ghislaine Maxwell Has Tapes of Politicians With Children According To A Long Time Friend

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In Brief

  • The Facts:

    Christopher Mason, a  TV host and journalist/reporter has gone on record and said he was told that Epstein rigged his multiple homes with cameras and kept tapes of everyone/everything. He says Ghislaine Mazwell has access to this footage.

  • Reflect On:

    Is Maxwell being used to take a select few individuals down by powerful people who are also involved? Is this simply a political/intelligence ploy when this issue is far bigger?

What Happened: Christopher Mason, a  TV host and journalist known for his book, “The Art of the Seal” which exposed a price-fixing scandal within the art world that tells the story of elite people who conspired to cheat clients out of millions, has known Ghislaine Maxwell since the 1980s. He has gone on the record and said said he was told that Epstein rigged his multiple homes with cameras and kept surveillance tapes of everyone and everything that went on inside of them and that Ghislaine Maxwell, has access to all of this footage. Multiple media outlets are now reporting on this.

Here’s a picture of both of them together.

Mason is not the only one to accuse Epstein of being in the blackmail business. Jeffrey Epstein’s has clear ties to intelligence, there are clear links to U.S. and  Israeli intelligence A recent interview given by a former high-ranking official in Israeli military intelligence has also claimed that Epstein has a  sexual blackmail business, and that the operation was actually an Israeli intelligence operation run for the purposes of entrapping powerful individuals and politicians all over the world.

In an interview with Zev Shalev, former senior executive for Israel’s Directorate of Military Intelligence and CBS News executive producer and award-winning investigative journalist for Narativ, he claimed to have met Jeffrey Epstein and Ghislaine Maxwell back in the 1980s and that both Epstein and Maxwell were already working with Israeli intelligence during that time period. You can read more about that here.

According to the New York Post:

“Ghislaine has always been as cunning as they come. She wasn’t going to be with Epstein all those years and not have some insurance,” the ex-friend told the news outlet….The secret stash of sex tapes I believe Ghislaine has squirrelled away could end up being her get-out-of-jail card if the authorities are willing to trade. She has copies of everything Epstein had. They could implicate some twisted movers and shakers,” the former friend said.

BUT

We must ask ourselves, has she worked something out?  Is this simply a ploy to take down a select individuals that some powerful people want taken down, when it really involves a whole lot more, including  the ones who are using Maxwell to possibly take others down? We will have to see, but it’s obviously a very important question to ask.

Why This Is Important: It’s important because there is already a lot of evidence existing that shows the people who are making major decisions, people within major global organizations like the UN, are making decisions for human beings with regards to all aspects of our life, from health, to education, to medicine and more. Politics and the world of our financial elite is overrun with corruption, deceit, lies, blackmail and more.

We have to ask ourselves, is it really surprising that our world is in the condition it is with regards to environmental issues, and many others, when those who are making major decisions in this category with regards to political policy are actively engaged in such immoral and unethical acts?

These moments that creep into the mainstream also highlight how this type of activity is able to sustain itself for such a long period of time, and that’s simply because these people have access to great power and control nearly everything.

A great example is Cardinal George Pell, who  a couple of years ago became  the highest ranking Vatican official to ever be convicted of child sexual abuse. Of course, he has now been freed from jail after Australia’s highest court overturned his conviction, but did you know that  he himself established The Diocesan Commission Into Sexual Abuse?  This is a common theme. The ones who we go to to combat these problems are often, themselves involved.

This is a very deep topic, and if you want to learn more about it you can watch our interview with Anneke Lucas, an author, speaker, advocate for child sex trafficking victims, and founder of the non-profit organization Liberation Prison Yoga, and creator of the Unconditional Model.

Her work is based off her 30-year journey to restore her mental and physical wellbeing after surviving some of the worst atrocities known to humankind before the age of 12. Sold as a young child into a murderous pedophile network by her family, she was rescued after nearly six years of abuse and torture.

You can access the full interview and start your free trial HERE on CETV, a platform we created to help combat internet censorship and allow us to continue to do our work and get the word out about various issues and topics.

You can also read this article that goes into more detail and provides more examples about this issue if you’re interested.

The Takeaway

At the end of the day, we have to ask ourselves, do we really want to continue to follow, obey and take direction, orders and mandates from people who clearly don’t have the best interests of humanity at heart? Do we want to continue to hand our power over to a ‘leader’ who is made out to be the one who can really make change, or will we take back our power, our own consciousness and refuse to participate in a system that really leaves us no choice? What we have is the illusion of democracy, were not actually living in one.

 

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Is Wayfair Really Trafficking Humans?

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In Brief

  • The Facts:

    Allegations that Wayfair is trafficking humans hit the internet over the past few days as the company was selling utility cabinets, and other items, with human names for upwards of $14,000. Wayfair claims the listings were a mistake.

  • Reflect On:

    Is it our duty as citizens to not simply accept a company's denial of something? Is it important we look past the limited research of fact checkers and ask deeper questions? Where are these realizations leading us?

You have likely heard about it by now, allegations that Wayfair was selling everything from industrial cabinets, desks, pillows and shower curtains at extremely high prices, when in reality they were selling humans. It began as a Reddit thread, where a user who noticed extremely high priced utility cabinets on Wayfair asked if anyone else thought it was weird that there were female names in front of the descriptions of the items.

“Is it possible Wayfair involved in Human trafficking with their WFX Utility collection? Or are these just extremely overpriced cabinets? (Note the names of the cabinets) this makes me sick to my stomach if it’s true,” one Redditor user named PrincessPeach1987 posted.

This sparked a string of discussion into whether or not Wayfair was selling these items as a cover for trafficking humans. Over a couple of days, it blew up into a huge collective research project on the internet, rife full of great questions and at times false information. Nonetheless, any investigative journalist would tell you there is something here that has not yet been explained, and further investigation is a must because these allegations may very well be true.

A screengrab of Wayfair’s alleged website posting cabinets with human names being sold for upwards of $12,000 each.

Oddly, Wayfair’s product names match some children found to be recently missing in the US.

 

Although Wayfair has come out denying allegations of human trafficking and claimed the products were a mistake. Wayfair removed the product images from its website and said it plans to rename the products. The products were named Neriah, Yaritza, Samiyah and Alyvia ranging in price between $12,699.99 and $14,499.99.

“Recognizing that the photos and descriptions provided by the supplier did not adequately explain the high price point, we have temporarily removed the products from site to rename them and to provide a more in-depth description and photos that accurately depict the product to clarify the price point,” Susan Frechette, a Wayfair spokeswoman.

It’s important to note that fact checkers have claimed this story is false, but their position is only based on Wayfair’s statement that it wasn’t true, not actual research and critical thinking. As per usual, no authentic and thorough research was done by fact checkers when it comes to this story.

Here at CE we asked some very critical questions and did a bit of deep diving of our own on this story. Our research is nowhere near done, but we have put some early parts of it into a segment of a show we have on CETV called The Takeaway. You can watch the segment below.

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81% of Clinical Trial Volunteers Suffer Reactions to CanSino Biologics’ COVID-19 Vaccine

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In Brief

  • The Facts:

    Multiple clinical trials for COVID-19 vaccines have shown severe reactions within 10 days after taking the vaccine.

  • Reflect On:

    Should we think twice about taking a rushed vaccine? Is it even necessary given the remarkably low death rate?

What Happened: COVID-19 vaccines have been in production for several months now, and clinical trials have been underway in various countries. One experimental vaccine being developed by CanSino Biologics, Inc. of Tianjin, China, has completed phase 1 of human clinical trials for COVID-19 vaccine (adenovirus type-5 Ad5-nCoV) and involved 108 volunteers, ranging in age from 45–60 years old.

Participants were given various levels of dosing, from low to high. 87 (or 81%) of the 108 participants experienced at least one adverse reaction within seven days after receiving the vaccination. Of the 87 who had reactions, 30 were in the low dose group, 30 were in the middle dose group, and 27 were in the high dose group. Overall, 10 of the participants (just under 10%) experienced Grade 3 adverse reactions, most were in the high dose group.

According to researchers conducting the study on the Phase 1 clinical trial for the Ad5-nCoV vaccine:

The most common injection site adverse reaction was pain, which was reported in 58 (54%) vaccine recipients. Pain was reported in 17 (47%) participants in the low dose group, 20 (56%) participants in the middle dose group, and 21 (58%) participants in the high dose group. The most commonly reported systematic adverse reactions overall were fever (50 [46%]), fatigue (47 [44%]), headache (42 [39%]), and muscle pain (18 [17%]). Fever was reported in 15 (42%) participants in the low dose group, 15 (42%) participants in the middle dose group, and 20 (56%) participants in the high dose group. Headache was reported in 14 (39%) participants in the low dose group, 11 (31%) participants in the middle dose group, and 17 (47%) participants in the high dose group. Muscle pain was reported in seven (19%) participants in the low dose group, three (8%) participants in the middle dose group, and eight (22%) participants in the high dose group.

The U.S. Department of Health and Human Services (HHS) describes a Grade 3 adverse event as “severe or medically significant but not immediately life-threatening; hospitalization or prolongation of hospitalization indicated; disabling; limiting self care” such as “bathing, dressing and undressing, feeding self, using the toilet, taking medications.”

CanSino’s Ad5-n-CoV vaccine uses a chimpanzee adenovirus vector that uses the HEK293 cell lines derived from the tissue of an aborted fetus. The HEK293 human fetal cell line, which was designed, developed and is licensed by Canada’s National Research Council (NRC), is also being used to produce the AZD1222 COVID-19 vaccine developed by the University of Oxford’s Jenner Institute.

Why It Matters: COVID-19 vaccines are being rushed to market, and vaccines that are rushed to market never ave a good safety record. Given that even Moderna’s COVID vaccine also showed negative reactions, people should think twice about opting in for the vaccine, especially given COVID-19 is continuing to prove it is not as dangerous or life-threatening as mainstream media has been making it sound.

While the introduction of a vaccine will mean huge dollars for pharmaceutical companies, like the seasonal flu vaccine, it seems unnecessary and potentially can cause more harm than the good it could do. Vaccines for illnesses similar to COVID-19 often don’t protect high percentages of takers from the illness it attempts to prevent.

The Takeaway: There has been a great deal of discussion regarding the introduction of a vaccine, ID card and mandating medicine in one final push towards deep authoritarian control by members of the societal and financial elite. This includes people like Bill Gates. Is this the big push for total control that has long been talked about and built up to ever since 9/11? Is the promise of contact tracing and ID cards “to keep the world safe” really what this is about? Or does the track record on measures like this prove that it’s never about ‘the virus’ and more so about the control that comes as a result of the measures that stick around long after the virus is gone?

Given millions are asking these very questions, people are awakening to truths that they never would have prior to major events like this taking place. In that sense, COVID-19 and the deceit and lies that have gone along with it have been a catalyst for further collective awakening. An awakening that can push us to re-imagine our world completely, and create one where we can truly thrive.

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