Pope Francis urged leaders Monday to devise "more inclusive and equitable economic models," praising those who seek ways "to make capitalism become a more inclusive instrument for integral human wellbeing."
A just economy would "permit each person to share in the resources of this world and have opportunities to realize his or her potential," the pope said in his address to participants in a meeting of the Council for Inclusive Capitalism in Rome.
The Council is a result of a 2016 Forum promoting "an exchange of ideas and information aimed at creating a more humane economy and contributing to the eradication of poverty on the global level," Francis noted.
Seeking ways to make capitalism more inclusive entails "overcoming an economy of exclusion and reducing the gap separating the majority of people from the prosperity enjoyed by the few," the pontiff remarked.
[Ron: Yabba,yabba, meaningless platitudes, yabba. WHY is the pontiff NEVER SPECIFIC when pontificating on wealth and poverty? WHY does the Pope not admit that the Vatican and the Catholic Church are an intricate part of the problem? And WHY does he not admit that the Vatican and a tiny cabal of plutocratic global banksters and corporatists deliberately cause global inequality and poverty? And FINALLY, why does the Pope conceal the obvious reality that the money meme and its associated Capitalist ideology foster cosmically unlawful, usurious banking and its associated fraudulent fractional reserve system? Until and unless the human population of this planet rejects usury and fractional reserve banking, mass poverty and misery will remain the hallmark of global society.].
Francis acknowledged that "business is a noble vocation, directed to producing wealth and improving our world" and can be "a fruitful source of prosperity for the areas in which it operates, especially if it sees the creation of jobs as an essential part of its service to the common good."
[Ron: The Pope is not unintelligent and he has the resources of the Vatican and the entire Catholic church to advise him. Accordingly he cannot be ignorant of the fact that the creation of jobs ceased to be an essential part of service to the common good during the 20th Century when technology, robotics and Artificial Intelligence (AI) became increasingly available and unemployment and underemployment steadily escalated as a result.
Arguably humanity on this planet is on the cusp of a new era in which human labour will cease to be essential to maintain society in material abundance because AI, robots and technology will replace the need for much human physical and mental work. The Pope should promulgate that truth and encourage global societies to embrace the reforms needed to ensure that technological production is shared equitably with everyone on this planet.
Once AI and robotics dominate industrial, construction, transport, agricultural, health, legal, accounting and other industries the labour force required for servicing, maintenance and creation of improved robotic and technological designs etc will NOT require more than a fraction of the human manpower currently required to perform the work that will be done by AI and robotics in the future.
Accordingly, what we need to do is start focussing upon what these developments really mean for life as we know it. The first and glaringly obvious question arising from the coming technological dominance of the production and servicing of human needs IS: ‘who will control the output of AI and robotics and who will reap the benefits from that output’? Currently our world is a growing unemployment and underemployment, low wage, high personal income taxation oriented welfare state dystopia because a handfull of incredibly rich individuals control the bulk of transnational corporations AND those individuals pay very little tax while accumulating and KEEPING the bulk of the benefits of that corporate production and associated servicing activities. See eg:
How Billionaires Become Billionaires – Link http://abundanthope.net/pages/Political_Information_43/How-Billionaires-Become-Billionaires.shtml
How Interlinked Corporations Rule The World. – Link http://abundanthope.net/pages/Political_Information_43/How-Interlinked-Corporations-Rule-The-World.shtml
The corporate stranglehold on food and agriculture. – Link http://abundanthope.net/pages/Health_and_Nutrition_37/The-corporate-stranglehold-on-food-and-agriculture.shtml
Rise of the Transnational Corporations – http://abundanthope.net/pages/Political_Information_43/Rise-of-the-Transnational-Corporations.shtml
The Permanent Unemployment & Underemployment Economy – http://abundanthope.net/pages/Political_Information_43/The-Permanent-Unemployment – Underemployment-Economy.shtml
BLIND FREDDY can see that this situation is NOT sustainable. The Pope's pretence that he cannot see it is not credible. The Pope should be emphasising this reality and encouraging governments and populations to think about what is to be done about it.
IF the Pope convinces the global population to allow continuance of the current rapacious and totally dysfunctional corporatist domination and control of our world typified by the Rothschilds' controlled Central banking system and mega corporations like Amazon and Google et al, human society on this planet will disappear up its own fundamental orifice.
Humans on this planet MUST develop the mental muscle and guts to refuse to allow Talmudic fascists (ie the Vatican, banksters, corporatists and their puppet politicians and so-called Welfare governments) to continue to exploit, impoverish and immiserate the bulk of the global population. Pretending, as the Pope is doing, that ALL that is required is to seek airy fairy 'ways to make capitalism more inclusive' is not just ridiculous, it is criminal.
Next, the Pope will be recommending some form of universal basic income (UBI) to overcome the problem. But UBI would just ensure perpetual poverty and enslavement of most of the population. See eg:
Universal Basic Income Is Easier Than It Looks – http://abundanthope.net/pages/Political_Information_43/Universal-Basic-Income-Is-Easier-Than-It-Looks.shtml
Endless Government Free Money – http://abundanthope.net/pages/Political_Information_43/Endless-Government-Free-Money.shtml
Can We Do Without Money ? – http://abundanthope.net/pages/Political_Information_43/Can-We-Do-Without-Money.shtml
Our world is currently drowning in debt owed to anonymous Talmudic banksters who also own or control the corporations that own (and will own future iterations of) the AI and technology we will increasingly depend on. Moreover, those owners have indicated that they will only need some 500 million human ‘cattle’ for their use and amusement etc in the future, the rest being surplus to requirements once they institute their New World Order, One World Government.
What is needed to eradicate poverty and inequality on this planet is an increase in consciousness that enables a critical minimum percentage of the population to understand the need CHANGE their attitude to usury, fractional reserve banking and corporate personhood. Societies may also have to eliminate limited liability companies and private ownership and/or control of the corporations that purport to own the AI and technology needed to sustain everyone. See eg:
Citizens United v. FEC: Corporate Personhood Must be Eliminated if Humanity is to Survive. – http://abundanthope.net/pages/Ron_71/Citizens-United-v-FEC-Corporate-Personhood-Must-GO-if-Humanity-is-to-Survive.shtml
The USA Isn’t a Country, It’s a Corporation! – http://abundanthope.net/pages/True_US_History_108/The-USA-Isn-t-a-Country-It-s-a-Corporation.shtml
The Matrix, the Strawman and WHO You Are – http://abundanthope.net/pages/Ron_71/The_Matrix_the_Strawman_and_WHO_You_Are_3030.shtml
Proper use of AI and robotics etc should enable ALL of humanity to begin transitioning into a new age free of the drudgery of endless physical work that has hitherto been needed to survive. That result will mean that humans will become free to think and develop their innate creativity instead of scrabbling for a living as free range serfs (wage slaves) in the Fascist (Talmudic) capitalist milieu we currently inhabit. However, that prosperous and abundant future for all can only be achieved if we shuck off the mind controlling illusion that a tiny cabal of banksters and corporatists is entitled to OWN and/or control the corporations and hence the technologies and profits of the machines that create abundance for all. Today it is estimated that some 700 individuals own and/or control the mega trans-national corporations that control global production of goods and services. Those individuals already HAVE most of this worlds’ wealth and if they are allowed to continue to control the production and KEEP the totally inadequately taxed profits of most global mega corporations, human life on this planet is doomed.
The solution is obvious. Nations and communities must take back ownership OR control of the corporations that use AI and robotics etc to produce essential societal needs in the future in order to redistribute the resultant productivity and abundance. IF nations and communities ensure that the profits of ALL corporations are properly taxed so that NO ONE is able to appropriate, hoard and use for private purposes the personally unearned increments accruing from the use of AI, robotics and technologies generally, humanity will enter a golden age. But if not, not.].
At the same time, authentic development cannot be restricted to economic growth alone "but must foster the growth of each person and of the whole person," he said.
[Ron: Why hasn't the immensely wealthy and powerful Catholic Church managed to achieved this outcome anywhere after almost 2000 years of existance?].
The economy must focus on the good of the human person, he said, and an economic system "detached from ethical concerns does not bring about a more just social order, but leads instead to a ‘throw away' culture of consumption and waste."
[Ron: Yabba, yabba, more platitudes. WHY has the Catholic Church allowed its congregations to develop such socio-economic systems all over this planet?].
As he has done on other occasions, Pope Francis insisted that just economic systems must address "rising levels of poverty on a global scale," reflecting a common myth regarding the state of poverty around the globe.
[Ron: WHY doesn't the Pope EXPLAIN why poverty levels still exist let alone are rising?].
Last June, the pope said that with the passage of time, the number of poor people increases rather than diminishes and "the poor are always poorer, and today they are poorer than ever."
As a Brookings Institution report noted late last year, however, 2019 began "with the lowest prevalence of extreme poverty ever recorded in human history - less than 8 percent," adding that in all likelihood, "this level will set the ‘ceiling' for a new era of even lower single-digit global poverty rates for the foreseeable future."
In the world today, less than ten percent of the global population lives in extreme poverty, according to the widely used "international poverty line," whereby people are considered to be in "extreme poverty" if they live on less than $1.90 per day.
Just 30 years ago (1990), on the other hand, some 37 percent of the world lived in extreme poverty. Two centuries ago nearly everyone in the world lived in extreme poverty.
[Ron: Two centuries ago the industrial Revolution had barely started even in Britain and Europe.].
While in the year 1800 almost 90 percent of the world's population subsisted on less than $1 a day, that percentage had been constantly falling, dropping below 20 percent in 2000 and below ten percent in the present day.
It is not only "extreme poverty" that is falling, however. The global poverty rate has been falling across every single poverty line, whether the bar is set at $1.90 a day or $10 a day.
[Ron: These statements are ridiculous. In 1800 90% of the world's population were still peasants or chattel slaves or wage slaves earning practically no money for a usually onerous six day working week. Even in the US and Anglo colonies most of the population lived on a more or less subsistance basis. To suggest that at that time most people had an income at or near a $1.90 a day is fantasy. At the time a good income for an ordinary paid worker was probably 50 pounds sterling a year, ie about $2 US dollars a week.
Comparisons like this also pretend that the face value of money has remained constant over centuries. As in this case, that is totally delusional propaganda used to conceal the truth. Since the establishment of the Federal Reserve System (The Fed) in the US in December 1913, so-called US dollars have been devalued by grossly excessive issuance of currency created out of thin air by banks to the point where today a US Federal Reserve Note (a so-called US dollar) will buy what ONE CENT could buy in 1914. This means that an income of say, $1400 dollars a week today would be the equivalent of $14 a week or $2 a day in 1914. Moreover this devalustion of the currency is accelerating today when the Fed is saying that it is "creating" sums like 50 billion USD a day and giving it to banks to keep the financial system going.
The fractional reserve banking system operated by the Fed and other Rothschilds' controlled global Central Banks and their associated commercial banks, issue currency, ie fiat debt tokens fraudulently called "money", by typing figures into computers. Accordingly this so-called "money" is created out of thin air with virtually no valuable backing at all. That is why governments have legislated to FORCE their citizens to use that currency and no other. They have also legislated to institute government "Bail Outs" whereby taxpayers provide billions of dollars/euros/ pounds etc to bankrupt banks. More recently governments around the world have also legislated for "Bail Ins"; ie NOW, if a private corporate commercial bank is bankrupt it can take funds deposited in the bank for safekeeping by private individuals and entities, and convert it into bank shares without the consent of the depositors. As the bank is bankrupt, this may mean that the depositor loses most or all of the money so taken.
Another deceit inherent in saying that people in Third World nations live on a few dollars a day is that many people in such nations still live on a subsistance and/or communal basis. This means that the amount of money they have and use is not necessarily indicitive of their lifestyle. For instance, a women who looks after the home, children and the garden or farm may earn no money but her work is very valuable for her family and community. Yet her unpaid work doesn't contribute to tax collections nor does it appear in national gross domestic product (GDP) figures. In contrast, the banksters managed to fool Western females into working for money outside their home and community so that their incomes can be taxed and the national GDP has almost doubled. Given that the 'liberated' western female has to meet the cost of travel and working outside the home and community environment while paying taxes AND the costs of childcare etc, she may not be better off financially and will almost certainly be worse off n terms of lifestyle compared to a female in a community in which women are primarily homemakers. See eg: 4 Feminist Lies That Are Making Women Miserable - http://abundanthope.net/pages/Health_and_Nutrition_37/4-Feminist-Lies-That-Are-Making-Women-Miserable.shtml
Another example of how Western commentators distort the meaning of GDP even when comparing major national ecnomies is the comparision between the US and China:
China's GDP measured in US-dollars amounts to $14.2 trillion (nominal; 2019 est.), which corresponds to $27.3 trillion in Purchasing Power Parity (PPP; 2019 est.). This corresponds to US$ 10,153 / capita, in nominal term (2019 est.), to US$ 19,520 / capita measured by PPP.
Compare this with the US GDP of US$ 21.345 trillion in nominal terms (2019 est.) and $64,767 / per capita (2019 est.) This makes China the world's second largest economy in nominal terms, expected to exceed the US by 2026. However, when comparing the two GDPs by their PPP values, China is number one; having surpassed the United States in 2016.
Measured by PPP, China is already today de facto the world's largest economy, because the only figures that have any significance in economic production and consumption, are those that reflect the output's purchasing power
See eg: China’s Vision for the Future is “Give Peace a Chance” - http://abundanthope.net/pages/Political_Information_43/China-s-Vision-for-the-Future-is-Give-Peace-a-Chance.shtml].
It must also be acknowledged [Ron: Why? what is the factual bais for this assertion? ] that there is no "gap" between the wealthy and the poor, as the vast majority of people live somewhere in the middle.
Poverty is not created. It is the natural state of human beings and has always existed.
[Ron: This is Talmudic propaganda. Arguably poverty is associated with the ascendancy of the money meme and usury.].
Widespread affluence is the novelty that needs to be explored and replicated.
[Ron: Arguably "affluence" is relative. To validate this claim this author needs to define what is meant by affluence. Although modern science and technologies have provided us with consumer items not available even to kings in the recent histories our global Talmudic controllers have allowed us to be aware of, that doesn't preclude the possability that many people in many societies may have lived reasonably affluent lifestyles. In any event, the peoples of ancient civilisations like Atlantis, Mu and Lemuria almost certainly lived in technlogical affluence similar to what is available today.].
The reason there are fewer poor people today is that wealth has been created. There is no point in searching for the causes of poverty but rather in investigating, implementing, and propagating the causes of prosperity.
[Ron: This is Talmudic disinformation. Prosperity results from communities being able to keep their local physical planetary resources and the goods and services that the community produces. Poverty is caused by governments and societal elites stealing a community's local physical planetary resources and/or the production of goods and services produced by the community.].
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