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News ::
Coercion vs Cooperation (english)
18 Nov 2002
Modified: 21 Nov 2002
Money: Everything You Need to Know But Forgot to Ask....
...Obviously none of this natural, wealth-regenerating and multiplying process was accreditable to the landlords.


Yet the sovereigns and landlords imposed themselves by force into the metabolic wealth-harvesting and sharing equation even earlier in history.

Nomadic tribal herders after wandering the seemingly infinite wilderness for millions of years, as their semi-domesticated cattle led them to verdant pastures found the once free, open land being gradually claimed, proclaimed, and patrolled by the most powerful armed war lords, who suggested that the herder needed "protection" for their defenseless flocks and herds, which were tantalizingly stealable wealth.

The roving, sword-brandishing strongmen imposed their "protection" on all comers within their realms and battled with other strongmen to increase their respective territories.

Finally, the herders were forced to "buy" the lands they roam from the lords who sold the herders their "own" special ranches.

The ranches were sold at prices far beyond the herders' total savings in skins or total livestock value, so the landlords "loaned" the herder the down-payment purchasing price to acquire the ranch while the lord took back, and held as collateral a number of heads of the herders' cattle.

From collateral, the lord took as "payment in kind" both the annual reduction in total purchase price and to cover "interest" the young cattle bred seasonally. The word capital (capita in Latin, originally referring to heads of cattle) was thus derived.

The herder hopefully earned (i.e. bred) enough additional heads of cattle eventually to pay off the landlord in kind.

In later millenniums the herder could sell his cattle in exchange for the landlord's inanimate, non-herding money in the form of coins and thus repay the landlord or traffic in other goods, all of which had fallen prey to the landlord's "protection."

During the interim the cattle deposited as collateral continued to breed, and the newborn cattle became basic "interest" claimed unilaterally by the landlord and appropriated exclusively to his own account....
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So-Called Private Property (english)
21 Nov 2002
Hmm.. J.P. Chance criticizing private property? The jew-and-liberal/leftist hating dude who harasses IMC Boston as a full-time job? What are you, some kind of commie? Haha.