Entries in the 'Economy' Category

Cyber Monday

Laitman_409Question: Cyber Monday has ended, the day when everything that you want is sold on the Internet with a discount of up to 90%.

This Monday follows “Black Friday,” which begins the sales period. Last year, in one day, two billion dollars of products were sold, and this year three billion. People sat glued to their computers. How would you characterize this phenomenon?

Answer: I would characterize this as a commercial event of inflating the populace because, in principle, it is the sale of emptiness, mostly things that people don’t need. But the hype around it is heated up by everyone: neighbors, the cities, advertising, and the media.

Imagine how an ordinary person is stunned by the general insanity of buying. He cannot resist it; he thinks he will miss something. He runs to do what everyone else is doing.

It is impossible to resist the temptation! It is pointless to resist! And this is what the media is trying to achieve.

The problem is that the world is in great oversupply! It would be possible to feed and fully inundate another two or three additional human populations with the products that are now manufactured. Given another planet with barefoot and naked people, they could be clothed and fed and served the full program! Just bring the money.

What would the money be for? This is also not understood. The main thing is that everything will go around. Specifically it is feared that trade will stop, forcing manufacturers to sell their products at cost and even below cost. After all, today it doesn’t matter; more money is simply printed.

Today we have gone on to a completely different level of development, where it is not money that determines how much a product costs, but the value of goods is determined by people. Do they have a need for this or not? So we are departing from being dominated by money. The game is over. The accumulation of a mass of money no longer works; we are moving on to a new system in which money will be completely eliminated!

So what will be the engine of trade, communication, and manufacturing? In what way and how will they be measured? This is the problem. It must b measured according to a different value, a value that replaces the paper that we are familiar with.

First true value was gold. Then it was changed to banknotes with no backing, and a nation could print ten times more! That means their value is completely conditional. And now it has disappeared. And what is next?

A person will simply go to work, and in exchange receive coupons for personal provisions, or won’t even receive anything at all because they will supply him with everything without any “Black Fridays.” We are moving toward socialist labor where everything operates precisely according to the principle of “From each according to his ability, to each according to his needs.”

Question: Do you see this sign from Cyber ​​Monday?

Answer: Yes. The overproduction of goods, the value of zero and the disappearance of the money supply leads to the fact that we work not for money but for the idea that for each and everyone it is equal, as otherwise there will be none.

Comment: You are saying communist slogans now!

Answer: There is nothing to be done about it! Nature will bring us to this by force. We see that a socialist nation is more profitable than a capitalist one! It will begin to normally begin to take care of the welfare of the citizens and everything will gradually equalize. Whereas capitalism allowed for a small growth of the middle classes and then destroyed it, leaving only the poor and the rich and terrorism was squeezed in between them.

Question: Are you basically talking about what a Soviet person felt in his time?

Answer: No, that was an economically ugly and unjust regime! It seemed to justify itself ideologically: it was apparently worthwhile to pay for equality, friendship, and brotherhood. But it wasn’t! And now these are gradually appearing and pulling new social relationships after them. We are reaching this through natural development! It is even possible to begin to develop ourselves correctly now, to advance forward, not by means of a club and suffering, but through self-education. And then we will achieve this in a better and smoother way.

Question: Does this mean that money will disappear and everything will be based upon connections between people?

Answer: Only connections between people will provide our world with the release of good energy which will balance all of us and really transform our next state, literally miraculously. You will be investing a penny and getting a million! This is because you will no longer adding egoism to your actions, which slows everything down and causes competition. On the contrary, there will be a merging with nature.
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From KabTV’s “News with Michael Laitman” 12/1/15

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By The Re-Birth Of The Old World

 Question: The current economic system does not meet people’s needs. More than half of the world’s population lives in dire economic conditions and only about a billion people enjoy the affluence and richness of the world.

Moreover, economic development, which is the basis of capitalist civilizations, has practically ceased to function.

At the same time there is another type of economy such as robotics, artificial intelligence, etc. Can we say that the alternative economy will be the basis of the new economy? And what it will be like after the transformation of humanity into the new humanity?

Answer: I think it will be a transition from a qualitative perspective. It isn’t about the economy, not about ecology, but about humanity existing according to different principles, on another level.

It will live in the attainment of another external dimension. The new perception will not be revealed in our five corporeal egoistic senses, as we feel the world around us now.

When we unite on the new level, we will begin to develop feelings that will depict the picture of the world external to us, but it will not be through our corporeal senses which make us feel this world in such a narrow, blurred, and limited way.

The new world will be totally different: a world of forces and properties, not objects and phenomena that are depicted in our egoistic imagination. Then our economy, our culture, and all our life will take on a totally different meaning, an “extra-corporeal” meaning.

We will turn into creatures that will not need any material things, properties, attributes, environment, etc. We will be nourished by energy that is based on synergy, on mutual cooperation, on the balance between the positive and negative forces of nature and will exist between them.

The next level of humanity will not be a corporeal level but a level of thoughts, intentions, and energies. So I don’t think there will be anything left of our economy or our ecology, or our society. We need to be reborn, and this rebirth will be expressed in exiting ourselves into the new perception of the world external to us.

Comment: If that’s the way it will be, then there is no point speaking about the future technological advancements.

Answer: No. It will all die and become meaningless. Even today we are not particularly limited in our abilities. And what do they tell us?  The only thing humanity succeeds in is suffering.

Therefore, all the good things we could gain through economic or technological capabilities do not make us happy. We don’t feel a need for them. People today use drugs mainly in order to distract themselves; they don’t want to get married or have children; it is as if a person screams inside himself: “Leave me alone with all your technologies. I’m not interested in this life!”

I hope we will provide people with the answer to the question of what this life is really about. First humanity has to listen to and understand this and then think about how to reorganize life, since otherwise people will not want to live.
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From KabTV’s “News with Michael Laitman” 11/29/15

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Forecast For 2016

Laitman_504From the News (PR Newswire): “Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set of ‘Outrageous Predictions’ for the year ahead. These are 10 unlikely, yet perhaps underappreciated, events that could have significant consequences on the financial landscape as we venture into 2016.

“As ever, the predictions span the length and breadth of markets and geographies; ranging from oil making a drastic return to $100 a barrel to Silicon Valley’s much vaunted unicorns returning to myth. Other claims include the Russian rouble rising 20% versus the US dollar/euro basket, the Olympics turbo-charging a Brazilian recovery and a meltdown in corporate bonds.

“Steen Jakobsen, Chief Economist at Saxo Bank, commented: ‘We are nearing the end of the paradigm paralysis that has dominated the policy response to the global financial crisis. Quantitative easing and other forms of intervention have failed. China is transitioning, and geopolitical tensions are as complex as ever. The marginal cost of money is rising, and so is volatility and uncertainty. It is against this backdrop we have set this year’s predictions.’

“‘Saxo Bank’s Outrageous Predictions remain an exercise in finding ten relatively controversial and unrelated ideas which could turn your investment world upside down. It is rewarding to see how the Outrageous Predictions catch our clients’ imagination and fuel ongoing debate; it is this process of discussion and anti-herd thinking that is at the heart of Saxo’s now established tradition of attempting to draw attention to the unfathomable’ Steen Jakobsen added.”

My Comment: One way or another it must come to an end. Everything is overblown and too artificial and the world has to make a switch to a new type of relationships, to an integral, mutual connection.

This is a revolution in all our mutual relations and firstly in our social relations. But they will begin to change because of the economic challenge. We are about to witness extraordinary changes in our social, political, and economic life.
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Payment In Kind

Laitman_633_3Question: In the Netherlands it is officially allowed to pay for various services through sexual relations. For example, payment for driving lessons through sexual relations is not considered to be prostitution.

This was confirmed by Minister of Transport and the Minister of Justice at a meeting in parliament. They believe that it is the same as that of barter: quid pro quo.

Answer: I like that they have stopped connecting sexual relations with love because sex has no connection to love.

Love is a personal emotion that is derived from connection with another person, from how much good they do in regard to each other, as much as they have gotten used to and connected with each other. It is the same way that a dog loves his master, and the master loves his dog.

In fact, love is a state where you feel the desire of another person, no matter if this is a stranger or a relative, and you want to fulfill this desire. In this, there is no connection to the sex of the person. It could be a person or a beast; it makes no difference. You simply do what this creature wants, whereas in sex you are concerned about fulfilling your own personal desires, sexual desires. Just as we want to eat, to sleep, to walk around, to see something interesting, so we also want to satisfy our sexual desires.

Does a deep relationship exist with each other in this? This is a question.

Much of this, of course comes from human culture that has developed over the past thousand years. It is very much connected to the continuation of the species, a desire for my children, my progeny, as with animals. For example, when a lion meets a lioness that already has small cubs, he kills her cubs and lives with her. He wants to produce his own progeny with her.

This is talking about the satisfaction of normal carnal desires, which the wisdom of Kabbalah calls material desire. It is associated with the continuation of the species. I am used to a particular body and satisfy myself through it, whereas it could be that another body would not give me such states.

Furthermore, there are different kinds of corporeal conditions between people: habit, feelings of pleasure, etc. If something gives me pleasure, then I begin to be concerned about this object, how I could enjoy it in a few hours or days. All of these are purely egoistic thoughts. There is nothing else here.

However, in addition, we constantly are developing egoistically, so sex becomes something abstract for us. Today, there are many other possibilities for sexual satisfaction: movies, pills, and all kinds of mechanisms. Humanity is very resourceful and in order to enjoy itself, it doesn’t stop at anything.

Prostitution is the oldest profession. Among other things, it is legal in the Netherlands. But it is desirable to take a closer look at these issues. So, if it is possible to pay with sexual relations in exchange for anything, then a teacher will demand payment from students for good grades.

Question: According to what the Ministers of Transport and Justice say, in kind payment for driving lessons is not prostitution. However, the opposite offer of sex in exchange for a driving lesson is considered to be an offense. In other words, a lesson in exchange for sex is a legal transaction, and sex for a lesson is illegal commerce with the body.

Answer: Well, somehow they would reach an agreement between them. We are entering into an era where, instead of pocket money, we will have the body and that’s all. Nothing more will be needed. In a few more decades, this will be accepted by everyone quietly and calmly.

Question: You look at the world and it truly is becoming unhinged. Where are we going?

Answer: It is interesting to watch how the world is changing is transforming. Everything is advancing according to the program of creation that must be implemented.

The question is how much a foolish humanity still will need to tolerate to understand that it is necessary to proceed according to the right connection with nature, resembling it, when all of nature is mutually connected with itself.

If the right connection is found between us, then the right connection with nature also will be found on the levels of the still, vegetative, and animate, and we will create a single and shared whole. Within it, we can discover the higher power that created and manages everything. Then, we can see a bright future for us.
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From KabTV’s “News with Michael Laitman” 12/20/15

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When There Is No Agreement Among Friends…

laitman_547_05Opinion (Recep Tayyip Erdogan): “ANKARA – As France and the world mourn the terrorist slaughter of innocents in Paris, the leaders of the G-20 are meeting in Antalya, Turkey. Terror will now vault to the top of the long list of pressing issues that will be discussed. The G-20, whose members account for about 85% of the world economy, has an important responsibility to respond to challenges that affect the lives and prosperity of millions of people around the world. It cannot risk falling into complacency and inaction, whether regarding terrorism or the fragile state of the world’s economy.

“Since Turkey assumed the presidency of the G-20 in December 2014, our approach toward ensuring inclusive and robust growth through collective action has enjoyed the support of the organization’s members. …

“When it comes to implementation, great strides have been made. … The global financial system is now more resilient than it has ever been. Financial capacities are being rebuilt, and new growth targets are being met.

“But there remains much more to be done. G-20 members should expedite efforts to deliver on their commitments to boost productivity and eliminate structural bottlenecks to investment, competition, trade, and jobs. We must also cement the fundamental reforms to the global financial system that the G-20 has delivered over the past seven years…

“Our focus on investment – a key driver of growth, jobs, and development – is also beginning to pay off. There is a huge investment gap in the global economy, both in advanced and developing countries. …

“Reducing unemployment is central to the fight against inequality. …

“As politics and economics are increasingly intertwined, the G-20 must also work together to confront our era’s geopolitical challenges. This year is an important one in the fight against climate change. …

“Meanwhile, the terror attacks in Paris have brutally reminded us, once again, that global challenges – such as terrorism, the war in Syria, and the refugee crisis – require truly global responses. …

“The Syrian civil war – now well into its fourth year – must be brought to an end, and a fair and sustainable political transition must be ensured. …

“Turkey is currently hosting some 2.2 million Syrian refugees, and we have spent more than $8 billion over the last three years caring for them. The international community must agree on a mechanism that ensures that the burden is fairly shared.

“Finally, it is important to note that Turkey continues to confront the threat of the Kurdistan Workers’ Party (PKK), an organization listed as a terrorist group by both the United States and the European Union. …”

My Comment: I maintain that there is only one global problem: achieving similarity to the natural system, because the balance of our world and its necessary movement toward the goal of creation is derived from this.
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“More” ‑ No Longer Works

laitman_273_01Opinion (Daily Reckoning, Bill Bonner): “The San Francisco Federal Reserve bank came out with a gloomy forecast last month. Its analysts said that stocks were likely to earn paltry returns over the next 10 years. The reason cited was simple enough; stockholders don’t live forever.

“‘Demography is destiny,’ said Auguste Comte. ‘It works the other way around too,’ he might have added. If they thought they were going to live longer, America’s most ubiquitous age cohort — the baby boomers — might continue to buy stocks. Instead, the cold hand of the grave is on their shoulders and on the whole economy. The boomers are retiring at the rate of 10,000 per day over the next 18 years. They will sell stocks to finance their remaining years.

“Old people have always been a drag on an economy. Migrating tribes left them behind. Eskimos put them out on the ice. Old people generally bowed to their fate with good grace. In times of famine, for example, they stopped eating so the young might live.

“Mortality has doomed the stock market, says the S.F. Fed. P/E ratios will likely be cut in half. Investors are unlikely to see their stocks return to 2010 levels, says the report, until 2027. And this assumes that US companies will continue to grow profits as they did since 1954. Not very likely. Because democracy, energy, and financial quackery are destiny too. Jointly and severally, they are responsible for the biggest financial debacle in history. …

“But what would you expect? Everything droops. For the last 3 or 4 centuries the winning formula for developed economies and their governments has been simple: More energy. More output. More people. More credit. More promises. This formula has been so effective for so long people began to think it was destiny itself. It’s not. Instead, it is slave to destiny not its master.

“By 2007, the slave was put in his place. The business cycle turned sour. Native populations in Europe and Japan are falling. Energy use per person in the developed world has leveled off. Private sector credit is shrinking. So is real private sector output.

“The feds responded to this challenge as they had to every post-WWII slowdown. They added more — more money, more credit. The government itself spent more money and used more energy. But the economy did not react in the old manner.

“An obvious reason: people are no longer as young and sans-soucis as they used to be. A young man’s eye may be drawn to fast German cars or slick Italian suits. But an old man can barely see at all. The baby boomers no longer roll their joints; they rub them. And they are no longer the source of an economic boom; now, they are the proximate cause of the bust.

“But there’s more to this new Grey Age than demography. People too are subject to the law of declining marginal utility. They wear out. But so do even the most enduring and impressive economic trends. There were only 450 million people on the planet in 1500. It took 99,000 years to reach that level. Then, over the next 5 centuries — the population soared 10 times. Today, it is hard to find a parking place in any major city. How was such a big jump in population possible? Destiny was demography. With ready, cheap energy at hand, man could grow more food. And then he could ship it all around the world. And he could put his talents to work making more and better machines…which would vastly increase his output and his standard of living. …

“Yes, there is plenty of energy around. But it is net output that you get from energy that counts, not the raw output. If a gallon of gasoline costs $5…it must produce more than $5 in additional output or the economy gets poorer. As the price rises fewer and fewer new energy apps pay off.

“Likewise, credit is subject to the law of declining marginal utility too. In 1950, an additional dollar of credit added about 70 cents to GDP. By 2007, the US economy was adding more than $5 of debt to produce a single new dollar’s worth of GDP. Now, the feds’ new credit inputs produce negative real returns.

“The jig is up. More no longer works. …”

My Comment: So, we have to acknowledge the law of Kabbalah—humanity evolves within its egoism, which has ripened, and now has over-ripened and requires replacement. This is the natural way of the development of humanity, “the path of suffering” as it is called in the wisdom of Kabbalah.

But there is also another way, informed managed development, “the path of Torah—Light,” when, developing under the influence of the Upper Light, we change in the right direction more rapidly than nature compels us. And so ahead of the force of nature that compels us to evolve, we feel we are constantly on the rise, developing painlessly, quickly, seeing the future.
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“Democracy Has Departed The West”

Laitman_115_06Opinion (Paul Craig Roberts, Assistant Secretary of the Treasury for Economic Policy in the Reagan administration): “As far as I can tell, not only has democracy departed the Western world, but also compassion, empathy for others, morality, integrity, respect for truth, justice, faithfulness, and self-respect. Western civilization has become a hollow shell. There is nothing left but greed and coercion and the threat of coercion. …

“The Western World is on its last legs. Unemployment is horrendous for European and American youth—primarily for the educated. …

“The Wall Street Mentality—unlimited Greed—has taken over American life, and this greed has been exported to Europe, which had achieved a sharing relationship between labor and capital. Today Europe, like the US, is an opportunity wasteland for the young. Greece has been sacrificed for the private bankers, and Italy, Spain, and Portugal are waiting in the wings. In the place of independent European countries, a fascist centralized authority is rising.”

My Comment: Everything is going according to the Creator’s plan—to the recognition of the evil of our nature until we reach the sole desire the get rid of it, as the source of all evil, like a snake shedding its skin. The speed and ease of reaching this freedom depend only on our recognition that the egoism is the only evil component of humanity. This is exactly what the wisdom of Kabbalah is meant for, and through its method we can speed up the recognition of evil, of the attributes of receiving and hate, break free from them, and acquire the good, the attribute of love and bestowal.
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“Europe Has Lost Its Way”

laitman_426Opinion (Anders Aslund, senior fellow at the Atlantic Council in Washington, DC ): “Europe’s response to the strategic challenges it is facing – Russian aggression in Ukraine, refugees fleeing violence in the Middle East, disorder in North Africa – leaves the impression that its leaders have no idea what to do. And indeed, they may not – a reality that needs to be acknowledged, not papered over.

“Simply put, the European Union’s stagnant economy is conditioning its response to the external pressures it confronts; internal crisis has left EU leaders little room for maneuver. Fortunately, Europe has the means to address this crisis, if it can summon the wisdom and the political will.

“The origins of the EU’s problems lie in its response to the 2008 global financial crisis: two years of large-scale fiscal stimulus. While this did little for growth, it resulted in crippling public debt. Seven years later, EU output per person is no higher than it was at the start of the crisis. Meanwhile, average public debt has soared to 87% of GDP, leaving little space for policy flexibility or innovation….

“Little has changed since Italian economists Alberto Alesina and Francesco Giavazzi noted, nearly a decade ago, that, ‘Without serious, deep, and comprehensive reforms, Europe will inexorably decline, both economically and politically.. They warned that, ‘Absent profound change, in 20 or 30 years the share of Europe [in world output] will be significantly lower than it is today, and, perhaps more important, its political influence will be much trimmed.’

“Indeed, a World Bank report on European growth in 2012 summed up the situation as follows: ‘Aging Europeans are being squeezed between innovative Americans and efficient Asians.’ …

“The EU will continue to flounder until it recognizes its mistakes and begins to carry out the reforms its economy needs. Only by putting the continent firmly back on the path of growth will Europe’s leaders be able to address the external challenges they now confront.”

My Comment: The solution to the crisis is not in the implementation of “comprehensive reforms,” but only in a transition to another type of society, to unite, like nature, which provides us with an example of its union and universal dependence. We are in a system of natural forces and cannot discount this.

The growing differences in our strife-torn society causes a strong contrast of humanity from nature in general, from the system in which we exist. This difference, which is due to the influence of forces on us that are returning us to resembling nature and balance, is felt by us as suffering.
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Concern: Money Is Flowing Backward….

Laitman_421_01From the News (fondsk.ru/news): “Since Lenin gave as one of the hallmarks of the contemporary stage of the development of capitalism, the dominance of capital export over the export of goods, a hundred years have passed. All this time the trend continued. The export of capital was carried out from the developed capitalist countries to the periphery of world capitalism. At the beginning of the twentieth century – in the colonies and semi-colonies, in the past decade – from the area of ​​the ‘golden billion’ in the so-called developing countries, which are adjacent to the ‘economies in transition’ or the former socialist.

“The export of capital to the ‘periphery’ can solve the problem of the relative over-accumulation in economically developed countries and maintain a satisfactory rate of return. A country’s ‘golden billion,’ obtained by the export of capital investment income (dividends and interest), turned into a rentier state.

“The first wave of economic and financial globalization (the ‘internationalization of economic life’) swept the world in the early twentieth century. It was an unprecedented build-up of the export of capital from a small group of … states (the UK, France, Belgium, Germany, USA, Holland, and two or three other countries) to the colonies, semi-colonies and dependent countries, including Russia.

“The second wave of economic and financial globalization …  started in the 80-90s of the twentieth century. … Today the second globalization has ended, and the pressure ‘in the pot’ of world capitalism is growing rapidly. The important feature of this – at first the slow down and then the stoppage of the movement of capital out of the zone of the ‘golden billion’ to the periphery, and even a reversal of capital flow in the opposite direction. …

“The globalization process has been completed. Capital has mastered the entire planet. There is a leveling of profitability and investments. Against the background of the growing over-investment of capital in the world, this yield tends to zero. Interest rates in some countries of the ‘golden billion’ fell to zero and even went to negative. Something similar already took place in the early twentieth century. … the resulting explosion, … received the name of the Great War …”

My Comment: For what happened in the first half of the 20th century not to recur, there is only one way out, to halt the mutual capitalistic relationships, replace them with mutual spiritual relationships and ascend to the next level of development, and what will remain will be only the supply of material necessities and maximum spiritual growth.
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The Low Point Of Globalization

Laitman_115_05Opinion (Alexander Auzan, Professor Moscow State University): “The period of rapid growth has ended, and now has come the longest phase of difficulties associated with the failures of globalization. The economies of individual countries are closely related, dependent on the Federal Reserve, fluctuations in the yuan, but they do not have total control.

“Now, even theoretically, the example of the EU can prove that it is impossible. The EU carried out an incredibly difficult task of constructing a four-tier management system: municipalities, land, nation-states, and itself. The bureaucracy drains its efficiency and a fifth level is impossible. If the global government that Einstein dreamed about is unrealistic, what can be done? Divide into regional blocks. …

“There is another problem: if such an innovation center of the world, like the US, competes with the world’s industrial center, as China, what happens? All this seems as a fight between the lungs and kidneys in a human body. Therefore, we have a poor economic background, and that background may be a different crises.

“Military orders can really warm up the economy, but that is how the First World War began. …

“The division into friends and foes is easy to start, but it will be difficult to stop. What is happening in Ukraine may be the prelude to a major war, and thus the need to untie the knot, and it is important to understand that no military solution to the situation there. When unleashed, it turns out that the military way of solving economic problems is more costly to the parties than restoring the broken down national economy and burying the dead.”

My Comment: The low point of globalization is only an indication that there is no ordinary (egoistic) solution to the problem. We don’t see a solution of bringing egoistic blocks of nation and states closer into one whole in the frameworks of our sciences and our methods.

But there is no low point of globalization, it continues. The natural closeness of the nations continues. It is inevitable and independent of our desire or our ability to establish the right relations between us.

The crisis of Babylon is recurring: all of humanity is in a small space and it needs to start destroying itself and thus postpone the solutions of unity a little or we can begin to unite above our universal ego.

Such unity is possible only through the wisdom of Kabbalah. It is ready for implementation both theoretically and practically. We have to make every effort to show the world that we have this option before the next world war breaks out.
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