Renaissance or New Dark Ages


By Bill Lindo
Belize City, Nov 9th 2022: The planet/world is at the edge of tremendous change on a global scale.  The global world-order that emerged at around 1990 after the collapse of the Soviet Union (Russia) is now crumbling before our very eyes.  The uni-polar world created by the West (The West is defined as comprising the United States of America, Canada, The United Kingdom, Europe, Japan and Australia/New Zealand) is now dying. But the jury is out an which direction mankind, especially the West will take in the next couple of years – a renaissance or a new dark ages.
Along with the dying West and its sickness is the delusion that has gripped its countries. Suddenly lies become truth. This is no more obvious than the military situation in Ukraine. The outright lies that Russia is losing the war in Ukraine is a classic example. However, Russia has seized over 1/3 of Ukraine’s land area – the Donbass area is the industrial heartland of Ukraine with the largest steel factories in Europe, the machine capital of Ukraine and the agro-industrial plus agricultural breadbasket of Europe.  Russia has destroyed over half of Ukraine’s power plants, just 10% of its industrial capacity still exists; and don’t forget that Russia has complete air superiority of the sky above all of Ukraine.  As soon as the ground hardens in Ukraine, the 300,000 military mobilization of Russia will make their present felt in Ukraine.
The corrupted culture of the West also states that men can be pregnant, and that windmills and solar panels are sufficient to power modern societies. Remember the “Big Lie” – Covid vaccines would keep people from getting Covid 19 or going to hospitals.  Some writers are of the view that the reason — the cause for the delusional thinking that dominates Western economics, politics, medicine and popular culture is that the West has adopted a rigid, intolerant ideology that is reminiscent of the intellectual sclerosis (brain-rotting) of Marxism that led to the death of the Soviet Union.  In the West this intolerance to views other than the establishment opinion is called “cancel culture” – you are cancel if you disagree. Wow!  The Russian people learned some very hard truths in the fall of communism. The people of the West are going to learn the same hard truths. It will not be a pretty sight!
The pathological stubborn form of today’s “Popular Opinion“ of a people are always the root cause of all great classical tragedies not only on stage but also the real-life national tragedies of entire cultures. Behind all this delusion of the West is the intellectual flight from historical reality like Karl Marx’s ignorant faith in a British error which has tended to foster today a widespread delusion that what was called The British System in the nineteen century and today as Capitalism or free-trade, globalization, neo-liberal economics all have the same essential root as Alexander Hamilton’s American System.  This is false, but is a popular mistake perpetuated by academia dogma. 
The British System or capitalism has a fundamental problem. One of its principle as stated by Malthus Richardo, Marshall and repeated by Keynes is – Capitalism will destroy itself because the more that is invested will eventually lead to a reduction of profits and thus the destruction of capitalism itself. All the British System writers including Keynes wrote that to postpone this day then the profits should be spend (wasted) instead on the oligarchy.  Keynes even wrote in his magnum work (General Theory of Employment, Interest and Money) that is better to build two tombs for the death such as the pyramids of Egypt than to build two railway line from London to York in England.  Marx accepted this foolishness of the British to justify the exploitation of workers by the private owners of capital. He believed that the workers would overthrow the rule of the private owners of capital.
During the 1850’s Karl Marx was employed as the European journalist for the leading American newspaper at the time – The New York Tribune, Horace Greeley was the founder and publisher.  But the man who hired Marx was the brilliant and leading American economist, Abe Lincoln’s economics advisor – Henry Charles Carey the economics editor at the New York Tribune and Charles Dana the editor. In 1852 Carey send Marx a copy of his 1851 book – Harmony of Interests (Marx to Engels 30 April 1852; in Marx and Engels 1973:28,p. 68).  In that book Carey made it very clear that Capitalism would not destroy itself because profits would not decreased but that science through engineering (technology) would improve the means of production leading to vast improvement in profits and as long as the owner of capital share these fruits with the workers there will an harmony of interests thus no need for class-warfare.  History has proven that Carey was correct and that Marx was intellectually dishonest because he knew in details the writings and books of Henry Charles Carey. The British economists were protecting the interests of their masters – the oligarchy.  
Today some 175 years after the British economists wrote that Capitalism would destroy itself, Capitalism, especially the American version as practiced by both China and Russia today is strong and contributing to the elimination of poverty of 800 million persons in China over a span of 40 years. 
 In Belize we known it as George Price’s Mixed Economy. The major concepts of the American School that distinguish that version of Capitalism from the British School are:

Exploiting nature rather than men.

Tariff Protection of local agriculture and manufacturing as free trade have always benefit the strong at the expense of the weak.

High wages to workers, because as E. Peshine Smith, wrote: “In order to make labour-cheap, the labourer must be well-fed, well-clothed, well-lodged, well-instructed.”

Money creation is a public utility and should be under the control of elected representatives of the people, not controlled by private individuals for private gain and control.

Technology and innovation always causes new methods to enter production and thus profits and wages don’t diminish but instead leads to higher productivity and thus higher wages to workers. Therefore the theory of Diminishing Returns is not valid to physical reality.

A view of soil fertility and agricultural productivity as a product of capital investment – not nature.  Science is the way to solve the problem of “mining the soil”.   

Public infrastructure as a means to lower costs in an industrial society by introducing new methods of production and communications, and the public support of research and development.

Government intervention in an economy. Government as the “brain” must put a bridle on corporate bodies, and must establish the pursuit of happiness as a natural right of citizens. In Belize this principle is enshrine in the PUP’s Constitution as a sacred duty of government to create full employment and completely end poverty.

The first principle of George Price’s Mixed Economy is — Exploiting nature rather than men. Belize’s Constitution states that “the people of Belize affirm that the Nation of Belize shall be founded upon principles which acknowledge the supremacy of God …”.  How can humans say they believe in the supremacy of God but go on to exploit his fellow man?  In the mind of Alexander Hamilton and later Henry Carey it’s completely wrong for man to exploit his fellow man. Using their brains these Christian men whose principle was – man made in the image of his Creator – discover that the way to create surplus value was for man to use his brains and innovate by exploiting nature rather than other men.
 This means that only inferior cultures are run by the delusion that what is real is that which the senses imagine that they see, hear, taste, smell, and touch.  The opposite is the classical scientific thought as Plato’s Republic and his use of allegory of the cave. Science is the practiced accumulation of discovery of what are practically provable to be universal physical principles, principles which cannot be seen directly by the senses but which correspond to what Lyn LaRouche wrote: “Those efficiently existing forms of action which increase man’s power in and over the universe yet are acting from beyond the veil of sense-certainty.” 
In other words, behind all the noise is a serious problem – debt, unpayable debt. Money is a government or bank debt. Our way of money creation always lead to debt crisis – when businesses, families and/or public bodies owe debt service in excess of their net revenue. They will default unless they can borrow the interest falling due. In the past, especially in the Mesopotamia area from Sumer in the third millennium BC to Egypt the practice to deal with unpayable debt was a Clean Slate or a Jubilee. This was the method of Solon reforms in 594 BC Greece; Judaism Mosaic Law and remember Jesus’s announcement that he came into the World to restore the Jubilee Year (Luke 4). And don’t forget that the reason Julius Caesar was assassinated (in 44 BC) because he announced that upon becoming Emperor of Rome he would declare a Clean Slate for Rome – liberate bondservants to return to their families, and restore land and crop rights that had been forfeited to creditors.  Eventually the refusal of Rome’s Oligarchy to establish a Clean Slate led to the collapse of the empire because of unpayable debt around the year 670 AD when the debt burden stripped the Romans of their capital and ended-up in feudalism, called the European Dark Ages, which cost Europe close to one-third of its population.
Remember one rule: All wars are banker wars.  
Why engineer a war? Simple – when you play both sides of a chess game, you always end up the winner. In the past lending money to sovereigns – kings, dukes was dangerous. They can kill you at will or they can refuse to repay, so the bankers learn that it was much safer to lend to two sides. And if no enemy exist, best to create one to save your life, and get back your money with interest.  Plus, chaos is the ultimate recipe for pushing draconian agendas that the public would never allow to pass during peacetime.  In the international area, geopolitics is simple to understand. Conflicts/wars are always engineered and always designed to benefit a particular group of mainstream power brokers and financial elites. If you are one of those people who assume all of these events are what the British calls “merely random and unfortunate coincidence” then you will remain in the dark for the rest of your life – and will never understand why terrible things are happening to you as the world falls apart.  
Since September 17th 2019, the Western Financial System started to unravel. The Western world today has the largest financial bubble ever created in human history and all bubbles eventually burst.  The repo market fell apart. The financial institutions started to issue huge amounts of printed money to keep the system afloat. But soon it was known that there could not be a repeat of 2009 – no massive bailout of the financial classes on the backs of American workers and the developing nations of the South.  A few months later the global elites unleash Covid 19 on the world and all 193 countries of the UN went along with the lockdowns, vaccine passports, elimination of small businesses and other draconian measures for a scam by the global elite to bailout their speculative financial bubble.  
Then the big boys decided to go for the whole-hog – elimination of God, private property, elimination of freedom, complete elimination of the American System of Capitalism, rule by a nameless faceless bureaucracy, they even had the nerves to write and say – “you will own northing, but you will be happy” to be a slave of the Oligarchy. The bankers decided no more finance for medium size manufacturing companies, no finance for family farms, no finance for fossil fuel — exploration, extraction nor distribution.   “Today’s energy shortages are largely the result of domestic U.S. government policies, as the Biden administration attempts to force Americans to switch to alternative energy sources such as wind, solar, and electric from fossil fuels. This effort has included shutting pipelines, suspending oil and gas leases, and putting up regulatory roadblocks—all of which has reduced new investment in U.S. oil and gas production; and shutting off credit.” wrote Epoch Times, May 29, 2022. Remember the big boys/global financial elites used the euthanasia-crowd-mantra of global warming to demanded that the 193 UN members sign off on the above at COP 26 in November 2021. 
Well, first Putin of Russia said no.  Then Xi of China said no also.   And the smart Indians who depends on coal for energy said no – why, if Russia, China and Saudi Arabia and Iran are all against, then they will also be against. The Western Bankers were not amused. They publically said, Russia and China and later India will pay for this – by December 2021 Ukraine started to cause major problems for Russia. The provocations by the dupes of the Western Bankers led to “a special military operations” in Ukraine by Russia. The current COP 27 has opened in Egypt this week, but the leaders of China, Russia, India, Indonesia and others will not attend so no major agreement will emerged from COP 27. It’s dead-in-the-water.
Within one week (March 1st   2022) massive sanctions never before used were placed by the West on Russia. But the West forgot the ABC’s of economics. Over and over I have been saying this for over 30+ years. True wealth has nothing to do with money or other forms of debt creation — true wealth comes from resources, the means of production and especially human labour.  “The sole source of wealth is the rise in the productivity of human labour effected through technological progress”  is the way George Price wrote it for me in my 1995 book – ABC’s of Economics. 
China and Russia using American System principles of Capitalism continue to understand what real wealth is. You can have all the money in the world but if you have no manufacturing base or resource development then you have nothing.
It’s as simple as that.
Belize in the meanwhile is going along its merry way to implement the dictates of the global and local elites led by the Ashcroft Alliance, the Bowen Empire, and the Mennonites.  Before the Covid 19 scam, Belize was suffering from some 52% poverty rate which has increase to about 58% since Covid 19. The current government has created several low-interest special vehicle debt schemes for agro-processing but as usual these are only for the big boys. The aim is to destroy small and especially medium size enterprises because “you will own nothing and be happy”. The large Mennonite agro-industrial enterprises will continue to control, because of cheap government credit, government market protection, while denying the same to other Belizeans. The caucasian communities will continue to control rice, beans, corn, pig, chicken and beef meats plus eggs. Milk and cheese will only be supplied by them. Animal feeds, and cheap toxic soya cooking oils will be supplied by the Mennonites. Lack of government support and credit will keep out others.  And make no mistake! Prices will continue to increase because Mennonites don’t absorb losses. They relentlessly pass-on price increases to consumers.  Just this week chicken and grains were increased in prices.
And Belize doesn’t get that much from tourism because 80% of it is owned by foreigners who keep their profits mainly in the United States. 
The agriculture sector is mainly sugar, bananas and some citrus for export, while the Mennonites control the domestic market for basic foods. Local roots Belizeans are mainly in the small vegetable sector of agriculture.  While sugar prices have increased globally along with other commodities, prices given to local farmers have also increase but not as much as global prices. Fertilizers have increased an average of 26% due globally to lack of raw materials because of the decision of the global bankers to restrict credit to fossil fuels, fertilizers and food commodities in order to reduce supply and drive up prices. The miracle in Belizean agriculture will be in the Mennonite communities as some of them become billionaires in Belize in the near future. 
The weakness of the current PUP government economic policy is based on the mistaken concept of money being wealth; and that support of the big boys is support of Belize.  Before Covid 19, the Barrow government policy which is the same as the current government was already facing a recession in Belize.  The same people who were running the government before 2020 are the same people running the current government –except the ministers and their CEO’s.   No CEO of the major utilities was change. The same six contractors who before 2020 got over $ 400 million dollars in construction contracts over the previous 12 years have received over $ 200 + million dollars in new contracts in the last couple months; and are expecting another $ 200 + million in the next few months.  The members of the advisory economic committee before 2020 were reappointed to advice the new government.  The same tired neo-liberal austerity policies are still in vogue.  At a recent PUP party congress, several generals of the oldest political party in Belize were asking “when will they start to eat?”  It seems this group of leaders of the PUP are turning the party into a business venture from a political party.
Most people don’t know that the United States of America is not a democracy, but rather a Constitutional Republic. Democracies are always the tyranny of the majority. A Constitutional Republic protect the minority using the separation of power – executive, legislative and judicial equal but separate. 
And in our Western countries political parties can and are changed by the citizens; but the policy of government NEVER changes.  While in China for instance, the political party that rules can never be changed; but the POLICY always change to enable a better standard of living for it’s citizens. 
It seems Belize is cursed with a POLICY that keeps increasing poverty!
I prefer a Renaissance.




Published by bilindo2001

I am a Belizean writer of political economy and a businessman. I am also for the last 46 years a supporter of the People's United Party of Belize. My dream is for Belize to become an industrial nation-state.

One thought on “Renaissance or New Dark Ages

  1. HI Bill. I got it…But there are no revolutionaries floating about in our clime…Only armchair dissidents, and not many of those either. mostly the older folks too tired to take up arms. The young group is asleep at the wheel, suffering from inability to see through the fog to the truth….a true disgusting lapse and/or stolen education by the powers that be. Even if Johnny wakes up he has no hope of succeeding against the upper crust of this debauchery. It appears to me that ashcroft is in so deep that they will never cut out his cancer. M

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