Category Archives: Tories

My review of James Rickards ‘The Death of Money’…

As a writer of science-fiction stories, along with atheist comedies, I have a keen interest in the shape of the future and in the changes that appear to be coming to our world very soon. Things like the creation of Artificial Intelligence (A.I.), the loss of jobs due to automation and driverless cars that are being rapidly developed and thus the need for a Universal Basic Income (UBI) to offset the loss of these jobs, as well as the impact of humans on our world interests me. I read books like Paul Mason’s ‘Postcapitalism’ (review here: http://tinyurl.com/grg36v8) to inform me of what is to come and how I can incorporate it into my writings but also because I have a genuine interest in this subject and ‘The Death of Money: the coming collapse of the international monetary system’ by James Rickards fits squarely into that category.

This book details some of the events that the author thinks are likely to occur and that will shape our world and society during the coming decades, most notably a collapse of the US dollar, but Rickards also covers many other topics including the rise of China, along with the expected fall of that country’s economy, the use of gold by Central banks, and the manipulation of the markets by terrorists among other things. One of the implications that intrigued me most was the way in which countries like the US manipulate their own interest rates to pass inflation onto other nations, something that strikes me as deceptive but, given the number of ways that the US maintains its dominance of the world, this is actually pretty tame. And given that we have been living in a period of exceptionally low interest rates, combined with quantitative easing on a massive scale, also not the biggest issue we face.

 

This book was published in 2014 and the signs that Rickards thesis is correct continue to mount. Recently, several Chinese companies were downgraded by Moody’s leading to fears of a slowdown in the world’s second largest economy (https://www.theguardian.com/world/2017/may/24/china-credit-rating-downgraded-moodys-debt). The UK housing bubble and economy looks set to collapse should we actually go through with the whole Brexit debacle. And the effect of having Donald Trump as US president, and all of the insanity that appears on a daily basis, are yet to really be seen and felt. I was convinced before reading this book that we were heading for a financial meltdown and now I am even more certain that this will happen in the near future.

 

Rickards wonders how much longer the dollar will be the reserve currency, not long by the sounds of it, and then the impact on the US will surely be felt. I’m also very curious to see what the resultant fallout will be with the author airing a cautious note in the last few pages about the possibility of America turning into a fascist state with its militarised police, surveillance mechanisms and easily controllable road network. The UK is comparable to the US is a great many ways but personally I am grateful that we have not followed them in adding SWAT teams, drones and APCs to our police forces. And with Donald Trump now in the White House that possibility seems ever more realistic.

 

My feeling is that we are indeed heading for a financial meltdown and that the world that needs to follow it, one where neo-liberalism is no longer the driving force of our economy, AI runs much of our world, UBI is implemented along with shorter weeks, and we put the emphasis on sustainability in a finite world is one possible outcome. Unfortunately, there are other, far more scary outcomes too and there seems to be no way of knowing exactly where we are heading. We shall just have to see. Cheers!

 

‘Only an atheist can help God save the world’ now has TWELVE reader reviews with an average of 4.4 stars and is available from all electronic retailers including Amazon UK here: http://tinyurl.com/pgjd68z. The sequel, ‘Jesus Returns: here he comes again’, will be out soon! Also check out my other “Rambling” blogs posts for articles on being an indie author, comics, politics, and reviews of books and movies! Finally, follow me on Twitter @onlyanatheist1. Cheers!

My review of Anthony Loewenstein’s ‘Disaster Capitalism’…

A number of books that I have read in the past year have given me a better understanding of the way in which the world actually works and of the future direction it may be heading in, including Paul Mason’s ‘Postcapitalism’ (review here: http://tinyurl.com/grg36v8), Owen Jones’ ‘The Establishment’ (review here: http://tinyurl.com/jo8sekz) and several others besides. All of these have been informative, if a little depressing, to read but none more so than ‘Disaster Capitalism: making a killing out of catastrophe’ from Anthony Loewenstein. Right, onto my review!

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‘Disaster Capitalism’ is an excellently researched and documented work, which covers topics from the way in which private military corporations have profited from wars in Afghanistan and Pakistan, to the stripping of public services in Greece during their crisis (austerity has done the same in the UK, handing public services to private hands), to the way in which private prisons and detention centres are run in the US, UK and Australia in a manner that costs a fortune but achieves little. This book covers a litany of cases where the rich and wealthy maintain their hold on the world by preventing the money that is supposed to help those affected by disaster from reaching them, instead padding their bottom lines.

In a similar manner to Johann Hari’s incredible ‘Chasing the Scream’ (review here: http://tinyurl.com/hy8q9gu), Loewenstein travelled the world and talked to many people affected by these policies, and the people and places that he managed to access is impressive. Learning how Haiti has been treated in the time since the 2012 earthquake, seeing how aid is funnelled from the US to non-governmental organisations who then seem to be under no obligation to actually provide the relief that the aid was intended for, is incredibly depressing. Reading as Loewenstein documents efforts by the US to force Haiti to accept the neo-liberalist agenda that prevents the island from allowing its citizens to achieve independence from aid through farming and by other means, and forcing them to work for poverty wages in industrial parks as per the dominant model is awful. And the list of crimes goes on and on.

Now, an awful lot of the problems created in this scenario stem from the inability of the media to actually report on what is happening in the world. Other books I’ve read, such as ‘Triumph of the Political Class’ by Peter Oborne (review here: http://tinyurl.com/jevqp6z ) have made the case that the media are so deeply in bed with politicians that they can no longer do their job properly and I think the case can be made that the same is true of commercial interests. Stories have been recently reported where media outlets, in this case the Telegraph, refused to report on stories that would negatively impact on their sponsors like HSBC. It seems that the media, our primary source of information on the state of the world, has become less than trustworthy and this makes it much more difficult to understand what is broken in and how we fix it.

‘Disaster Capitalism’ is another of those books that, once you’ve read it, your world view will likely be changed. And that’s a good thing. I’m starting to see stories in the media in a different light and I feel I am better able to understand world events as well as how far things need to change, to get away from the current model and towards providing actual disaster relief. And with our ever warming world, the incidence of natural disasters is sure to increase making the need for change ever more urgent.

As with the other, similar non-fiction books I have recently read and reviewed, ‘Disaster Capitalism’ ends on a hopeful note and actually there now seems to be a movement towards change. The tide may finally be turning against this sort of arrangement between private companies and government with an announcement that the US will be reducing the number of privately run prisons (https://www.theguardian.com/us-news/2016/aug/18/us-government-private-prisons-use-justice-department https://www.theguardian.com/us-news/2016/aug/18/us-government-private-prisons-use-justice-department). Personally, I’m waiting for the end of neo-liberalism, as predicted in many of the books and articles I read, and for us to finally reach the turning point away from allowing these expensive and ineffective deals and towards something that will actually provide the services intended from the money spent. I can’t wait for that day to come, and hopefully it won’t be too much longer.

Next time, my review of Terry Pratchett’s wonderful ‘A slip of the Keyboard’. Until then…

 

My debut novel, ‘Only an atheist can help God save the world’, now has TEN reviews with an average of 4.3 stars and is available from all electronic retailers. Also check out my other “Rambling” blogs posts for articles on being an indie author, comics, politics, and reviews of books and movies! Also follow me on Twitter @onlyanatheist1. Cheers!

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My review of Paul Mason’s ‘Postcapitalism’…

Recently I’ve read and reviewed a short list of non-fiction, mostly politics books from Laurie Penny’s ‘Unspeakable Things’ (http://tinyurl.com/jl5trzc) to Owen Jones’ ‘The Establishment’ (http://tinyurl.com/jo8sekz) and George Monbiot’s ‘Captive State’ (http://tinyurl.com/zevxd7g) as well as a few others. This week I’m reviewing Paul Mason’s ‘Postcapitalism’, a book that is a little different than my other recent reads in that it not only explains how Capitalism got to the point where the author thinks that it will soon collapse, but he also details what might be to come and it is a fascinating read. Onwards to my review!

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In clear and accessible language, Mason talks us through the history of Capitalism and how this economic model, especially the current form of Neo-Liberalism, has driven our world economy to the brink of its own destruction. He explains that this system must inevitably end and that something else take its place. Mason challenges the assumption that Capitalism will always be our economic model, starting from the point that it has not always been so, and moving onward to the changes that are to come. The Postcapitalism model, as seen by Mason, is driven by the rise of information technology, the fall of Labour as the driving force behind value in the production of goods and the desire of information to be free. The internet and the ever increasing connectivity of the next generation is a key part of this coming change and something that, now in place, will be extremely hard to undo. Impossible, I would say.

As someone who has an interest in politics and in the future, I found this a fascinating read and I feel that I can already see much of what Mason addresses becoming reality. Reading this book during the upcoming EU referendum also makes for a fascinating experience. Mason makes the claim that the end of Capitalism and Neo-Liberalism will likely be caused by an outside shock of exactly the sort that the UK leaving the EU might cause. Although that scenario currently seems unlikely, should the UK remain in the EU there is still the possibility that other countries, like Greece , Italy, Spain, may decide that they would prefer not to accept the conditions of remaining and their leaving may be the shock that hastens the end of our current economic model and the move forwards to postcapitalism.

One of the aspects of this coming revolution that fascinates me is that this ongoing change is being driven not by my generation but by the next. I already have an interest in how those younger than me engage with and consume media and, having talked with my younger sister and her friends, it seems that there is a clear difference. I am still stuck buying and owning DVDS, and watching television, though the means by which I access these shows is via the internet. But my sister and her friends don’t own or watch their TV except to have games consoles and internet connections attached to them and all media is consumed through this medium and via streaming services like Netflix. As a result the model for this particular part of their lives has shifted and I only see this change becoming more dramatic. It also changes how her generation access their news, bypassing conventional sources, and pushing them towards different agencies and I find this to be a very interesting thing indeed!

Postcapitalism is a superb book that is accessible and well written and one that I thoroughly enjoyed. I can’t recommend it highly enough and if you have any interest in the future, in the end of Capitalism and Neo-liberalism, and in what might replace it in the years to come, then you should read it. I’m glad that I did! Up next time I hope to review either be ‘The Hollowing of Democracy’ or Johann Hari’s ‘Chasing the Scream’. I just have to find the time to actually read them both! Cheers!

 

 

My debut novel, ‘Only an atheist can help God save the world’, is available now from all electronic retailers. Also check out my other “Rambling” blogs posts for articles on being an indie author, comics, politics, and reviews of books and movies! Also follow me on Twitter @onlyanatheist1. Cheers!

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My ‘rambling’ review of ‘Blunders of our Government’…

So, recently I’ve been on a spree of reading and reviewing non-fiction books, often on politics (you can find reviews of ‘Unspeakable Things’, ‘The Establishment’, ‘Captive State’ and ‘Rise of the Political Class’ elsewhere on this blog) and continuing in that vein, this week I am reviewing ‘The Blunders of our Government’ by Anthony King and Ivor Crewe. This book is a quite astonishing roundup and exploration of the biggest mistakes that British governments of the past few decades have made including fuck-ups under Thatcher’s, Major’s, Blair’s, Brown’s and even during Cameron’s time, though this book would benefit from an updated version and Cameron’s government is given very little space. This book is written from a non-partisan perspective and, while assigning blame to individuals and the system itself, it steers clear (wisely) of blaming more either the left or right and I think this is a very smart move. Onwards to the review!

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The book covers many blunders, too many to talk about here, but it starts with probably the biggest screw-up of any UK government: the Poll tax scandal. Clearly this is the big one, the blunder that ended Thatcher’s time as Prime Minister and turned, not only her party against her, but most of the country. The authors then proceed to talk about mis-sold pensions that cost many of our citizens considerable sums of money, our exit from the ERM in the 90’s and ‘Black Wednesday’, the mess that was the Millennium Dome, the tax credit debacle that was instigated by Brown and still continues to this day, the billions spent on non-functional IT systems for the NHS, and many, many more, the combined cost of which is too much to even contemplate. Actually, there are a stunning number of other such mistakes including the London Underground Private-Public Partnership blunder that really should be better understood by the general public yet somehow seem to have remained poorly understood by the public-at-large.

In each and every case, the architects of the mistakes are identified and the blunder discussed at length and it is fascinating to read of the germination and eventual implementation of things that quite clearly were not going to succeed. One of the really interesting aspects of this book is how it explains that our system of government seems to encourage, or at least not discourage, blunders by not having enough checks and balances that would put across an opposing viewpoint. Or would, at the very least, challenge policies that are so clearly set up to fail. The Poll tax works as an example of this, with few Ministers willing to argue against something that so clearly not going to work. Yet none of the parties seem keen to change the system and avoid these catastrophic mistakes. Yet again, short-term self-interest maintains the ridiculously expensive status-quo! And every incredibly expensive mistake, and there are a great many of them, falls to the people to pay for.

One of the truly staggering aspects of all of these blunders, is the size and scale of the screw-ups and the astonishing amount of money that was lost in each and every case. The combined total of only the mistakes listed is an incredible amount of money and there’s little doubt that further blunders, like Osborne’s austerity agenda and Iain Duncan Smith’s failed Universal Credit scheme, will have added to this amount. I don’t even want to contemplate the grand total as to do so would be truly depressing!

I thoroughly enjoyed this book. It’s entertaining, while also being informative and shocking and it clearly points to changes that could be made to improve the UK system of government. But I don’t expect anything that to happen, and neither, I think, do the authors of this work. Almost everyone responsible for these mistakes was not punished in any meaningful way. Of course Thatcher took the fall for the Poll tax, but most of the architects of these screw-ups departed before their policies were implemented and many were even promoted! How bloody ridiculous yet until this changes, expect more blunders and more money to be wasted.

If you like non-fiction books and you have any interest in politics (and don’t mind a depressing read!), I would say it is worth your time to hunt out this tome and read it. Add it to the list of excellent non-fiction, politics books that I’ve recently read and reviewed and enjoyed. Cheers!

 

My debut novel, ‘Only an atheist can help Godsave the world’, is available now from all electronic retailers. Also check out my other “Rambling” blogs posts for articles on being an indie author, comics, politics, and reviews of books and movies! Also follow me on Twitter @onlyanatheist1. Cheers!

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