Peter Hume:

...You are really “up against it” here Pete. Taxation is a social addiction. Society has long been brainwashed into believing taxation is inevitable, and actually beneficial, in the sense that taxation represents a “Pool of Goodies” available for the plunder, by those with the influence to achieve the plunder ( here the unfortunate and economic illiterate majority, believe they have a “stake” in the pool). Unfortunately for the vast majority, the brainwashing is so successful, and the truth is so successfully hidden, they fail to realise that it is their future resources (through taxation) that is used by the Political manipulators, masquerading under the “Tartan” of Democracy, that allows the ruse to continue.

...Of course the next attack under the “Tartan” will be against Social services. My prediction, Abbott will lead the charge against any downward trends of redistribution in “Vassal Australia”, by a well-aimed campaign against redistribution of taxation through social services, (A taxation contribution, which costs this country around one third of taxation receipts). A marker for the prediction is the an increased demand from the USA, for an increased Australian participation in the “war games” demanded as a contribution, through increased expenditure towards defence budgets. Simple arithmetic plays the truth towards an increase in taxation directed towards the top-end recipients of taxation largesse. In short, economic plunder of the Vassal states has become a priority, since the collapse of the economic empire of the rich, from the time of the GFC 2008, (and continuing towards its inevitable total collapse under the weight of debt (self-created)).

...Governments of the Democracies are collapsing under the huge demands on taxpayers, to prop-up a criminal system of debt creation, and the pot is fast running out of money to pay social services. Anyone relying on a social service payment better start running to a cave, “John” has long-gone, “Tony” is on his way, welcome Neo-Feudalism and further plunder of the “Serfs”!

Peter Hume,

“invincible ignorance”?

My ignorance is indeed vast.

I don’t even know what ‘Capital’ is.

Peter Hume is spot on, this is just more ideological clap trap. Another great example (as if we needed more) of the socialization of the sciences.

“The socialization of science requires the assumption that science is just part of life that has to be criticized by humanities academia as part of the object that the educated mind may inspect (from a great distance) and not part of the mind itself or crucial to its education. From Copernicus onwards, the findings and speculation of scientists have been a continuous threat to collective, unreflective beliefs about the nature and purpose of human life, the position of man in the order of things and the destination of the universe. In short true science is a criticism of life in the best and deepest sense. This of course is seen by humanities as “their” domain. “

“Humanities academia is naturally unhappy to recognize the centrality of mathematicisation of nature to our culture, to be reminded of the importance of the unattainably different level of rigor and sophistication prevailing in subjects they don’t understand.”

“The process of marginalizing science adopts a strategy of “narrative theory” which treats science, philosophy, literature etc., as simply a different mode of story telling and therefore opened science up by rhetoric to “interpretation” or the creation of objective truth.”
(Quotes from the Eunuch at the Orgy, Raymond Tallis)

Put another way, Double Entry Bookkeeping does indeed apply the “two plus two equals four” principle however, what you ignorant low life just don’t understand is that this must be viewed through the prism of global citizenship, social equity and justice, as perceived by academia and progressive politics in you best interests.

“The bulldusters and the liars may hold centre stage for a while but in the end they are found out and their contributions forgotten”.

sadly i feel the article..has been edited
not enough detail..!..then this

""Maybe..the problem..is not the limitations..of GDP..
as a measuring stick-i.e...that it..underestimates the true costs..involved..in the making of a Big/Mac,or..the real value of trees""

this..could have been expanded on
this..relates to double entry?...[fraud]..much like
the numbers media parrots into our minds daily[..via uncertain math/graphic...taken..from either bi-book]

true values...""but by so obviously failing,.,to break incomes down into..earned incomes..and..(unearned)..natural resource/rents,..we don't expose those shysters..who continue..their wanton destruction of the planet?""

here i would mention..the gift of resources
new guenie [papua]..has gifted to some chinese entripineur
[to mine..*the deep sea vents..[and kill-off their unique biology]

before we even get a chance..to study them..!

or even discover them...turning whole biologies..into waste
[lol..THEN to have them..pumped back into the sea...[with the rest of the mining waste]..TREASON*

thats insane
tripple/book-entry

""As it's little known..that..'super profits'""
BASED ON..taxing exploiters..?

""(land and natural resource rents)
makeup..closeto 50%..of GDP..""'

see its all so confounding
needing to be cleared up

what..""super proffits..taxes/natural resource rents"?-

but you further rush on to
your next word limited thought

""""and these..are mainly captured by the 1%"""

the eliteist multinationalists..[corperate intrests?]
or those holding..the trusts...they hide in?

how many trusts..can one..[1%]..trustee control
via double-book keeping it..into another trust!

""what a great..follow-up that might make,""?

yeah that..would really be something
actually saying something...

WHAT can do now to stop it?

expose it..!
reveal the 1%..hiding behind the coorperate trust veil
not just the corperations that own it..

but which trusts..control it
and who gets the advantages..ill-begotten under it

no limited liability!
trusts must pay more tax..than the trustee's..[people who own it]

not paid in silver..or gold coin
much higher..real value..in it curerent gold/silver value
than its current face value

those..who get it..in coin
5000 silver dollars
is more than the 5000 dollar FACE-value

its in the..silver/real value
that true income..must be taxed

note its income tax
not wage tax..[wages isnt income]!

[income is money derived..WITH NO VALUE ADDING]
[rent/intrest/windfall company proffit..[corperate proffit]..

the dead can't work
thus..*added no value...tax their income

dead corperate trusts..must remain fully liable..
for their..past debts..or debts..made.."in their name"..[damages/recource rent/whatever]..

no more free lunches
no more taking /despoiling destroying it all

the more you take..the more you must pay
the more to break..the more you must repair

the more you use[ab-use]..the more you must pay
we all get a little bit for free..[as we together
we ALL..hold the claim to it all]

equal share to you
equal share to me

anymore..please explain
and pay the tax on it

no corperation [trust]..may outlive part of two lives
the time betweeb earning..it and growing up the trust it was formed SPECIFICLY for]

so you who have a lot
time to pay the rent

to the 99% relax
let the 1%..repay their looting despoiling plunder
via their death taxes[the firast thing to die is old trusts

kill the oldest ones first
then work up..to today..and tomorrow
BUT NOT THE DAY AFTER

no patent held by any trust..can outlive
one full life term..

[let the dead tend the living
not..keep the poor living living ever more poorly

or we eat the rich]..either their wealth..or their flesh
they cant keep both..[by what right should armelda marco's have trillions?]..stolen by the greedy raping the needy

expose enrons perversions
the enron contaigen trial evidence
was destroyed when building 7 fell down

conveniant wernt it
look into it

time to pay the piper
before society is sold for cents on the dollar

stop bailing out capitalists..for full values
tax em..for past crimes..colluding to bailout their mates
putting ever more burden on the people[living]..being raped by dead corperatised greed

Double line account keeping; allows us to privatise profits and socialise losses! At some point complexity always becomes fraud! Quote unquote.
One can't create a debt in nature, i.e., a grove of trees can't be harvested before they mature! Nor can we mortgage the future! It belongs to somebody else.
Those that claim that only private capital can create projects; need to study the Snowy Mountain's scheme; clearly one of the engineering marvels of the last century; and, I'd bet my house; there are at least a dozen other; even more cogent, income generating examples?
Sure we need entrepreneurs and the profit motive! The idea that the collective can work as well or better, is only ever pertinent or established, when they are partners sharing earned profits.
To that end, we would do well to return energy and capital to public ownership; and or, where they belong?
Thereby, allowing us to finance as many cooperates as we can carry; or, if you will, our own people and their better ideas!
And indeed, create a largely publicly owned clean energy sector, where the social outcomes far outweigh; any perceived private profits?
Incidentally, co-ops rarely founder; and, was the one business model that survived the Great depression largely intact; meaning, we ought to be looking for more cooperative models; or, cooperative capitalism comrade?
Not even more Ideological blinkers; or the lowest common denominator!
The economic miracle; that allowed a bankrupt and war-torn Japan to recover to become, for a while; that is, [until they apparently discovered Peter Hume's economic model and or mantras;] to become the world's second largest economy; was largely based on cooperation and social credit!