An Overview Of Stagflation

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In these poor, beneath-developed international locations, the place the rule is that the best wealth is surrounded by the greatest poverty, the army and the police represent the pillars of the regime; a military and a police pressure (another rule which should not be forgotten) which are advised by overseas specialists. The strength of the police force and the power of the military are proportionate to the stagnation by which the remainder of the nation is sunk. By dint of yearly loans, …

We Are About To Have A Sovereign Debt Crisis, US Economic Collapse #USDollar

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Corporate capital, has been too profitable, profitable so many concessions and giving up so little in terms of supporting reforms to benefit the bulk that the reform program is inherently unstable. And they have been in a position to do this with the passive consent of the individuals. The ANC decided to forgo hegemony and targeting ‘domination’. The ANC came up with the spin that there have been using their newly adopted ruling technique had been trying to marshall the poor people into one and probably avoiding the pending conflagration. But the ANC obfuscates the actual …

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A bourgeoisie much like that which developed in Europe is able to elaborate an ideology and at the similar time strengthen its personal power. Such a bourgeoisie, dynamic, educated and secular, has absolutely succeeded in its undertaking of the accumulation of capital and has given to the nation a minimum of prosperity. In below-developed international locations, we have now seen that no true bourgeoisie exists; there is solely a kind of little greedy caste, avid and voracious, with the thoughts of a huckster, only too glad to accept the dividends that the previous colonial power fingers out to it. This get-wealthy-fast center class reveals itself incapable of great ideas or of inventiveness. It remembers what it has read in European textbooks and imperceptibly it turns into not even the duplicate of …