Archive for ‘Market Lords’

04/04/2014

Adam Smith’s Invisible Hand Is at Our Throats

Human Wrongs Watch

By John Scales Avery* – TRANSCEND Media Service – As everyone knows, Adam Smith invented the theory that individual self-interest is, and ought to be, the main motivating force of human economic activity, and that, in effect, it serves the wider social interest. He put forward a detailed description of this concept in an immense book, “The Wealth of Nations” (1776).

Adam Smith statue in Edinburgh's High Street with St. Giles High Kirk behind | Author: Kim Traynor | Wikimedia Commons

Adam Smith statue in Edinburgh’s High Street with St. Giles High Kirk behind | Author: Kim Traynor | Wikimedia Commons

Adam Smith (1723-1790) had been Professor of Logic at the University of Glasgow, but in 1764 he withdrew from his position at the university to become the tutor of the young Duke of Buccleuch. In those days a Grand Tour of Europe was considered to be an important part of the education of a young nobleman, and Smith accompanied Buccleuch to the Continent.

To while away the occasional dull intervals of the tour, Adam Smith began to write an enormous book on economics which he finally completed twelve years later. He began his “Inquiry into the Nature and Causes of the Wealth of Nations” by praising division of labor.

04/04/2014

Ominous Signs of Climate Change, Visible Everywhere… Act Now Before It Is Too Late!

Human Wrongs Watch

From the tropics to the poles, from small islands to large continents, and from the poorest countries to the wealthiest, the ominous signs of climate change are profoundly visible, said UN Secretary-General Ban Ki-moon, calling for transformative collective action to tackle the phenomenon now – on all fronts– before it is too late.*

Secretary-General Ban Ki-moon travelled to Greenland at the end of March 2014 to see first-hand the impacts of climate change. UN Photo/Mark Garten

Secretary-General Ban Ki-moon travelled to Greenland at the end of March 2014 to see first-hand the impacts of climate change. UN Photo/Mark Garten

“My objective has been to impress on Member States, the world of business and the public at large that climate change is an obstacle to the future security, prosperity and sustainable development of humankind,” Ban on 3 April 2014 told the Friends of Europe Policy Spotlight, held in Brussels, where he has been much of this week holding talks with European Union (EU) officials on a host of pressing global issues.

02/04/2014

Europe, Central Asia Face Nutritional Deficits

Human Wrongs Watch

The United Nations Food and Agriculture Organization (FAO) paints a picture of persistent nutrition problems due to vitamin and mineral deficiencies, and stunted growth in its latest snapshot of the Europe and Central Asia.*

A man sells potatoes in the street outside the central market in Yerevan, Armenia. Photo: FAO/Johan Spanner

A man sells potatoes in the street outside the central market in Yerevan, Armenia. Photo: FAO/Johan Spanner

On the eve of its biennial Regional Conference for Europe – in Bucharest, Romania – FAO concludes that although caloric intake in the 53-country region should see hunger fall to less than 1 per cent by 2050, nutrition problems continue in some of the countries today. “Caloric intake as a measure of undernourishment is currently not the major problem,” reveals the document.

01/04/2014

Japan’s ‘Research Whaling’ Ruled Illegal by International Court of Justice

Human Wrongs Watch

By Tom Ganderton, Greenpeace 31 March 2014  The Government of Japan has officially cancelled plans to hunt whales in the Southern Ocean this coming year. Whales everywhere will be jumping for joy today. Why?

99081_157189

Japan’s sham ‘scientific whaling’ program me has just been declared ILLEGAL in an international court! At 10am, the judges of the International Court of Justice handed down its long-anticipated decision on whether Japan’s government-subsidised whaling program me in the Southern Ocean should be allowed to continue.

01/04/2014

Climate Change Impacting Entire Planet, Raising Risk of Hunger, Floods, Conflict – UN Report

Human Wrongs Watch

The effects of climate change are already occurring in all continents and across the oceans, and the world, for the most part, is ill-prepared for their risks, says a United Nations report issued on 31 March 2014, which also warns that while action can be taken, managing the phenomenon’s impacts will be difficult on a rapidly warming planet.* “Nobody will be untouched.”

The melting of ice sheets is accelerating in Greenland. UN Photo/Mark Garten

The melting of ice sheets is accelerating in Greenland. UN Photo/Mark Garten

The report, Climate Change 2014: Impacts, Adaptation, and Vulnerability, from Working Group II of the Intergovernmental Panel on Climate Change (IPCC), details the impacts of climate change to date, the future risks from a changing climate, and the opportunities for effective action to reduce risks.

01/04/2014

UN Special Rapporteur on Violence against Women Heads to UK to Investigate Abuse

Human Wrongs Watch

Domestic and sexual violence, sexual bullying and harassment, forced and early marriages, and female genital mutilation – all these issues and more will be on the docket as the United Nations expert tasked with monitoring violence against women launched her first mission in the United Kingdom.*

**Photo credit: Sherkashmiri | Wikimedia Commons.

**Photo credit: Sherkashmiri | Wikimedia Commons.

United Nations Special Rapporteur on Violence against Women, Rashida Manjoo, 31 March 2014 began a two week investigative mission to the United Kingdom to study the manifestations of violence perpetrated in the family and in the community.

“Violence against women continues to be one of the most pervasive human rights violations globally, affecting every country in the world,” Manjoo said.*

29/03/2014

US Proxy Terror War on Venezuela

Human Wrongs Watch 

By Prof. James Petras - TRANSCEND* – Protest, dissent and terrorist wars are obviously very distinct forms of expressing opposition and bringing about change.

The Obama-Kerry regime claim that the opposition in Venezuela is a “protest movement” a “peaceful democratic opposition” expressing discontent with economic conditions and that the democratically elected Maduro Administration is an ‘authoritarian regime’ violently repressing dissent.

Washington claims to play no part in the action of the opposition and that its pronouncements are directed at furthering democratic freedoms.

U.S. Secretary of State John Kerry departs the U.S. Embassy in Kabul in a U.S. military Blackhawk helicopter on March 26, 2013. [State Department Photo/Public Domain] Source: http://www.flickr.com/photos/statephotos/8591480059/sizes/o/in/photostream/. Author;U.S. Department of State

**John Kerry departs the U.S. Embassy in Kabul in a U.S. military Blackhawk helicopter on March 26, 2013. [State Department Photo/Public Domain]

The overwhelming evidence speaks to the contrary. By every measure, the opposition has engaged in prolonged and extensive violent activity, including terrorist acts, assassinations, arson, destruction of public property including the murder of military officials and civilian supporters of the government.

Widely circulated photographs, even in media outlets backing Washington, show opposition activists throwing Molotov cocktails and building barracades for street warfare.

The Obama-Kerry Administration is in total denial of each and every violent act by the opposition; it unconditionally defends the opposition; it forcibly attacks and demonizes each and every effort by the Government to defend the rights of its citizens, uphold the Constitution and enforce law and order.

29/03/2014

Calls for a Ceasefire in the War on Drugs

Human Wrongs Watch

“The production of opium increased by 102% and cocaine by 20% from 1998 to 2007, despite efforts to destroy crops around the world; in the US close to 500,000 people are in jail for drug offenses, compared with 41,000 in 1980; the US spent 93% of its resources on cocaine for law enforcement and only 7% on treatment programmes; more than 30 countries impose the death penalty for drug-related crimes; over 70%of HIV infections in Russia are due to injecting drugs… The list goes on and the casualties of the drug wars mount.”

Photo: Obinna Anyadike. The war on drugs isn’t working: 10am, Mitchell’s Plain, Cape Town

 Photo: Obinna Anyadike. The war on drugs isn’t working: 10am, Mitchell’s Plain, Cape Town | Source: IRIN

Humanitarian news and analysis service of the UN Office for the Coordination of Humanitarian Affairs IRIN* on 28 March 2014 reported from New York, “Despite growing acknowledgement that the war on drugs has failed, global consensus on the way forward remains elusive. Nevertheless, some detect a “paradigm shift” among many players at the forefront of the debate.”

28/03/2014

Egypt in the Rear Mirror (II): Who Are the Not-So-Invisible Powers Behind the Troglodytes?

Human Wrongs Watch

By Baher Kamal*

Cairo, 26 March 2014 – “If you cannot win them, join them” seems to be the old British political principle that Washington has been applying to its plans to re-design the Arab region, always under the recurrent public pretext of the “war on terrorism.”

 World War I Uncle Sam recruiting poster | Date: 1916-1917 | Source: Library of Congress | Author: James Montgomery Flagg | No known restrictions on publication. Wikimedia Commons: No renewal in Copyright Office.

World War I Uncle Sam recruiting poster | Date: 1916-1917 |
Source: Library of Congress | Author: James Montgomery Flagg |  Wikimedia Commons: No known restrictions on publication. No renewal in Copyright Office.

Specifically, since the U.S has failed to defeat “terrorism” through massive military and intelligence operations carried out after the September 11 attacks (see Afghanistan, Pakistan, Iraq, Somalia, Yemen, among others), the American strategy has shifted towards engaging with what it considers as “moderate” Islamist movements, such as the Muslim Brotherhood.

For this purpose, Washington has been relying on two key “agents” in the region: Qatar and Turkey.

28/03/2014

The Rich Complain That We Do Not Love Them

Human Wrongs Watch

By Roberto Savio*

Rome, March 2014 – F. Scott Fitzgerald famously said “The rich are different from you or me”, yet in his days, in the early years of the 20th century, the rich were not subject to public scrutiny, and were generally an object of envy, not resentment.

Columbia reaching out to viewer. Original design for the “Be Patriotic” poster by Paul Stahr, ca. 1917-18 Gouache on paper, original is 27 7/8 ” x 20″. Date 1917 or 1918. Source: Herbert Hoover Library, National Archives and Records Administration Via [1]. Author: Paul Stahr | Wikimedia Commons.

Fast forward to the 21st century and the Occupy Wall Street movement, which first took to the streets in September 2011 in New York’s Wall Street financial district, on behalf of the 99 percent of Americans (who possess 60 percent of the national wealth) against the one percent that possess 40 percent, to denounce growing social inequality.
read more »

Follow

Get every new post delivered to your Inbox.

Join 117 other followers

%d bloggers like this: