GDay World 384 – Michael Doneman on Ethical Entrepreneurship

by | Jun 23, 2009 | Brisbane, capitalism, Podcast

Michael Doneman

My guest on today’s show is Michael Doneman – one part business coach, one part social activist, one part guru.

Over the last few months his name has come up in a startling variety of conversations I’ve had with people. These people have a few things in common – they are very bright, have a sparkle in their eye, are entrepreneurs, think they can change the world – and they are students of Doneman.

Michael explains the basis of his business / school, Edgeware, where he teaches something he calls “ethical entrepreneurship” and we discuss the future of capitalism.

This is also the first interview in my series where I intend to interview Brisbane’s Best Minds. If you want to nominate someone to be interviewed as part of this series, please submit their details here.

Further links:

John Gray video

Edgeware site

Follow Michael Doneman on Twitter

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Salbuchi explains the Global Financial Collapse

by | May 30, 2009 | banksters, capitalism, geopolitics

Fascinating explanation on YouTube by Argentinian analyst Adrian Salbuchi on what the financial collapse is all about. He suggests that the entire financial system is "extreme capitalism" and a giant Ponzi scheme which will end in another global world war, the same way that the depression of the 30s was ended.

Part 1

http://www.youtube-nocookie.com/v/UlDNMB6wYmI&hl=en&fs=1&border=1

Part 2

http://www.youtube-nocookie.com/v/78ddURofMWs&hl=en&fs=1&border=1

Salbuchi goes on to explain the "new world orders" that we’ve already seen arise over the last century that were engineered out of WWI and WWII and the next "new world order", a world government. I’m a fan or having a world government – if it’s a legitimate democracy – but his explanation is quite dystopian, an unelected, unofficial world government run by private corporations and, in particular, a small handful of think tanks and lobby groups. Hey – isn’t that the world we already have? Yes – and that seems to be his point. Salbuchi says there is no conspiracy theory involved – all of the players are out in the open.

Part 1

http://www.youtube-nocookie.com/v/dEp1D5hAGO8&hl=en&fs=1&border=1

Part 2

http://www.youtube-nocookie.com/v/X4pDIwMukA8&hl=en&fs=1&border=1

The Rich Get Richer

by | Apr 29, 2009 | capitalism

clipped from www.thenation.com
TAX TIME: Just in time for April 15, the folks at the
Institute for Policy Studies have released a report that
documents the stunning generation-long reversal of progressive tax
policies and offers seven concrete proposals for restoring basic
fairness to the IRS’s methods–and hundreds of billions in lost revenue
to the Treasury. Their report, Tax Day 2009, notes that America’s
most affluent 1 percent–taxpayers who averaged $1.3 million in income
in 2006–saw a federal income tax rate of 22.8 percent. In 1986 that
same cohort averaged $507,520 in inflation-adjusted income and paid 33.1
percent of it in taxes. Over the past twenty years, this elite 1 per-
cent saw their share of the nation’s income double, from 11.3 percent to
22.1 percent, but their tax burden shrank by about one-third.
A fascinating article in The Nation about how the wealthy elite in the US have been getting richer while reducing their taxation over the last 20 years. The top 1 percent of Americans earn 22.1 percent of the nation’s income. 22 PERCENT!!!! Over a fifth of the incomes is earned by 1 percent of the people. Why aren’t people taking to the streets and rioting? My guess – because the media has turned them into pacified sheep. We’ve been taught not to cause trouble, not to try to change things outside of voting inside of a corrupt system controlled by the wealthy elite.BTW, I heard this quote in a terrific recent podcast by Bill Moyers where he interviews David Simon, creator of THE WIRE, probably the smartest television drama ever produced. It’s a commentary on the state of ‘the system’ in America (and we’re not that different). You should listen to this show: http://www.pbs.org/moyers/journal/04172009/profile.html

And, of course, if you haven’t seen The Wire, make it a priority. It’s truly brilliant, insightful drama.

Where Does Money Come From?

by | Apr 25, 2009 | banksters, capitalism

I’ll admit that, until now, I’ve never wondered much about where money comes from. However, after watching this video, I am totally fascinated by the concepts it explores. I can’t vouch for the accuracy of the content or how it applies in Australia, but nevertheless, it’s a terrific video that everyone should watch.

The basic premise of the video is that the monetary system we have in the West is a complete fraud and totally unstable as it is built on the foundation that money is created by the banking system through issuing debt. When they agree to loan you (or a corporation or a government) money, they literally create that money out of nowhere. Watch and learn more. I’ll no doubt be talking about this during next week’s live show which will feature @brad_fidler talking about the origins of – and possible alternatives to – capitalism.

The video was created by Paul Grignon and I was pointed to it by @lelaissezfaireisover.

http://vimeo.com/moogaloop.swf?clip_id=2244372&server=vimeo.com&show_title=1&show_byline=1&show_portrait=0&color=&fullscreen=1
Money as Debt from RoneTyne on Vimeo.

GDay World 369 – The Marathon

by | Apr 8, 2009 | capitalism, Podcast

OMFG. Last night I did a live show with my most-excellent co-host Mr Nick Hodge and WE TALKED FOR FOUR HOURS. I kid you not. I only recorded the first THREE HOURS and I present them to you here (well the audio version anyway – to see the video you have to turn up on the night). Oh and this audio recording only has two of the five live numbers I performed during the show. One was in the pre-show festivities (“Come On Eileen”) and there were a couple during the post-show wind-down (including “Ship Song”by Nick Cave).

During this four hour marathon, Nick and I discussed:

    Australia’s National Broadband Network
    America’s bombing of Hiroshima and Nagasaki
    Whether or not Nick is an atheist or an agnostic
    The financial crisis scam and what we might replace capitalism with
    The ethics of veganism
    The Church of LOTU
    The historicity of Jesus (or lack thereof)

And much, much more.

Listen to the full three hours – if you dare.

Tune in to future live shows every Tuesday night at 8pm here.