Thursday, July 28, 2022

Speculative Capital & Conquest

 










"To this must be added that speculative capital, a utilization of surplus capital by hoarders, i.e., Elites is the principle financial domain of parasitic, domestic and international profiteers and speculators, even in its somewhat milder form of Foreign Direct Investment (FDI). 

It prevents the reunification of the financial and economic sectors of the economies of the neocolonial nation-states of the  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans], with economic sector here being understood as those institutions socially tasked by the designers of the society with the duty of facilitating the production and distribution of necessary goods and services for the optimal well-being of the citizens of the nation. 

The domestic profiteers and speculators arose initially during the first interaction between the sovereign states of the  rmt/ Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] and the financial interests of the governments, merchants and aristocracy of Europe (Spain, Portugal, the United Kingdom, France, the Netherlands etc.) c. 5681 – 5841 KC [c. 1440 – 1600 CE]

These parasites, the forerunners of the lunatic, colonialist, political class of  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] of contemporary times, were birthed by the rampant galloping and hyperinflation, currency irregularities, population displacement and food-health system decay and collapse. 


These symptoms accompanied the inception, regional extension and triumph across the western lands of the  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] of the illicit commerce in  w/Haku [Kush/Kemet: Prisoners of War, Slaves], or the expansion of the financial and economic influence of both the cross  dšrt ꜥꜣi/Desheret-aai [Kush/Kemet: Great Desert, A-aʾ Al-Kubrā, the Sahara] Arab dominated commerce in trafficked  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] c. 4941 – 6262+ KC [c. 700 – 2021+ CE] and the trans-atlantic European commerce in trafficked  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] captives c. 5681 – 6101 KC [c. 1440 – 1860 CE]


Keeping in mind that the economic institution of sntt/Senhett [Kush/Kemet: Captivation, Bondage, Slavery] does not end, but is merely transformed by its benefactors into other seemingly less egregious forms of economic servitude c. 6101 – 6161+ KC [c. 1860 – 2021+ CE].


Following the military conquest and break-up of the political economy and political systems of the sovereign states of the  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] c. 6121 – 6161 KC [c. 1880 – 1920 CE] the economic and therefore, political and health system damage caused by these two groups expanded exponentially. 


With total Eurasian control of the whole of the social system of the conquered nations,  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] domestic collaborators and international profiteers and speculators, settler colonialists similar in mentality or socio-economic background to their predecessors Leopold II, King of the Belgians, the British colonial entrepreneur Ceil Rhodes, along with the Lunatic Elite of Black Compradors of both the ruling and poor classes of the conquered  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] utilized all financial resources for their own avaricious purposes. 


As a means of forcing  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] to participate in the newly imposed settler colonial economy as laborers, which by nature is an externally oriented economy to the detriment of the domestic economy, and as a means to fund the infrastructure public expenditures that facilitated natural resource exploitation for overseas export, the settler colonial administration implemented a taxation policy that was a levy on the family domiciles in the conquered territory.  

This tax which initially could be paid in kind or through labor eventually became centered firmly in the trafficking of labor for wages which were less than enough for subsistence.[1]


All incoming public and private capital, financial investments flowing in from North  America and Europe beginning with the inception of the system and continuing to the present and foreseeable future were utilized in some part for direct and indirect speculation, black-marketeering and usury i.e., extortionate moneylending. 


These all resulted generally in galloping inflation, which is a chronic and widely fluctuating increase in the general level of prices ranging between double and triple digits per year. This is the situation that continues to prevail 6262 KC [ 2021 CE] with the parasitic speculators dominating both so-called legal and illegal trades in foreign currencies, labor and all manner of natural resources peculiar to a given neocolonial nation-state of the  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans]."



Ambakisye Dukuzumurenyi, PhD

km Dd.tn mAat/Kem Djed.ten Maat [To Be Black, Speak You Maat]

pp. 25-30







[1] See: Excerpt From: Leo Tolstoy, What Then Must We Do? [1866] Translated by Aylmer Maude (1925) in the Appendix at the end of this essay. In it Leo Tolstoy delineates the Eurasian methodology of monetary conquest and enslavement in Fiji.

Foreign Direct Investment (FDI) and Warfare


"Now, the investing of this capital, Foreign Direct Investment (FDI) has been a major factor in the many wars in which the nation-states of the Global North have waged against the people of the neocolonial nation-states of the Global South. Wars ostensibly indulged in for the good of humanity, i.e., humanitarian military actions and to expand democracy and protect civilisation, i.e., solidifying White Power. Multinationals must have more markets, recalictrant lands must be forced into the chains of ‘modernization,’ either by economic sanctions or invasion. And when the Elites of the Global North have got the new markets, and when those markets are threatened by populist self-determination movements, then the national interests of the Eurasians imperialists nation-states must be protected. Which means the deployment of the Eurasians armed forces, aerial bombardment, naval blockades, drone strikes.

To get the new markets and to protect them the Elites of the imperial core plunge their nation-state into a military action. Millions are slaughtered in the Global South and then the survivors of the vanquished neocolonial nation-state are taught to need the trinkets of the imperials. 

Trade is revived, foreign direct control of the natural resources of the neocolonial nation-state is reestablished. In accordance with the capitalist business cycle good times come again for certain industries in the imperial core, and the laborers in those select industries forget any past economic dislocations and social discomforts. 

All over the world Foreign Direct Investments (FDI) bring the Eurasian nation-states and their intergovernmental military alliance organizations, such as the North Atlantic Treaty Organization (NATO) into collision with either the capitalists of other nation-states, also seeking good investment soils or with Ukombozi [Kiswahili: Liberation] movements for national self-determination. 

Continuous wars and the constant preparations for war are the natural result of Foreign Direct Investment (FDI), and thus ‘Free Market Economics’, ‘Free Trade’ or ‘Open Market Economics.’ Competition, a dissociative process, does not breed mutual attachment or comradeship, but enmity, rivalry and hostility.

For the neocolonial nation-state no surplus of wealth is produced. Enough wealth to supply an optimal existence for the population is not produced. It could be, but the fact is, that it is not. This is unsurprising given the nature of neocolonialism. It is also a fact that within the imperial core, an optimal existence is not provided for all of the population there. 

How then can the Elites of the Global North nation-states export any surplus wealth as capital to be used in Foreign Direct Investment (FDI) abroad? Simply because, of the wealth produced, an inequitable proportion is taken from the population in the form of rent, interest, and profits by the Elites, and these Elites, not being able to consume or use all the wealth that they have hoarded in their home country, invest the surplus abroad in other Global North nation-states and in the Global South. 

Thus, to defend this export of capital, to justify Foreign Direct Investment (FDI) is to support the unequal manner in which the wealth was expropriated from laborers and to exonerate the wholly inequitable distribution of the wealth produced.

If the wealth of our neocolonial nation-state were employed within our borders and equitably distributed, full employment at fair wages could be found for a large portion of our people. The  rmt/ Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans], under an equitable distribution of the wealth and wise use of the natural resources require food, houses, clothes, furniture, tools, etc. 

Instead, what we presently have is millions of unemployed, millions are half-starved, hundreds of thousands of badly paid workers, all of this while wealth is hoarded by the Elites of the Global North and Global South in the banks of the Global North! At the same time these Elites in the Global North have even more stocks of surplus capital for Foreign Direct Investment (FDI)."


Ambakisye Dukuzumurenyi, PhD

km Dd.tn mAat/Kem Djed.ten Maat [To Be Black, Speak You Maat]

pp. 22-25.



Thursday, July 21, 2022

Pan-Afrikan Public Policy: First Steps

 

“The type of substantive and mꜣꜥty/Maati [Kush/Kemet: Righteous] distribution, regulation, redistribution srw/Skheru [Kush/Kemet: Public Policy] and the type of self-reliant srw sw/Skheru Khasu [Kush/Kemet: Foreign Policy] which must be enacted to alter the existing political-economic power relationships and the domestic and international trade and commerce interconnections with the national political structure and thus, begin this process of transformative socio-political economic change in the institutional and structural basis of the neocolonial nation-state include:

 

1 

The alteration of the national and local wants, tastes and desires of the population of rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans]. This being the choice in the products made and utilized, i.e., reorienting rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] preferences and aesthetics, or the things that rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] like, long for, view as necessities or purchase. For example, clothing, type and quality of shelter, origin, make and model of vehicles, computer, phones, other personal possessions, movies, music, etc. The current wants, tastes and desires of rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] are nothing more than the imposed aesthetics of the Eurasian colonizers. Such tastes and desires leave  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] in a state of inner, national, regional, continental and global Mang’amung’amu [Kiswahili: Confusion of Mind, False Consciousness].  

 

2

 

Active socio-political economic action through the abandoment of the imperialist economic growth based economy, strategically dsr/Djeser [Kush/Kemet: To Free, Separate, Delink] the national economy of the neocolonial nation-state from the current international political economy and the forming of integrated, closed domestic economies of those neocolonial nation-states of  rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] in the lands of the dšrt ꜥꜣi/Desheret-aai [Kush/Kemet: Great Desert, A-aʾ Al-Kubrā, the Sahara], to the south of it and those of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] of the Carribean. The integrated and closed domestic economies are to be secured politically and militarily by an rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] political-economic confederation and shielded by a protectionist political economic srw/Skheru [Kush/Kemet: Public Policy]. The srw/Skheru [Kush/Kemet: Public Policy] must be coupled with resource nationalization and a substantive rewriting of the current laws of conducting business throughout the lands of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] by removing so-called tax break incentives for foreign owned and developed multinational corporations doing business in the neocolonial nation-states of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans]. This foreign business friendly srw/Skheru [Kush/Kemet: Public Policy] in reality is nothing more than a means of passing the cost burden of doing business away from the multinational corporation and onto the grassroots population of rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans], who are according to Eurocentric economic theory supposed to be benefiting from this example of Foreign Direct Investment (FDI) and resource development. This cost is footed by the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] grassroots in an increased tax burden, while the multinational with the aid of local neocolonial comprador elites funnels the wealth generated from their business activity out of the country and continent in the form of Illicit Financial Flows. The whole of the continent of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] in its current neocolonial state loses nearly USD 100 Billion annually to such endeavors. There also must be a removal of srw/Skheru [Kush/Kemet: Public Policy] hindrances to worker unionization, the elevation of craft and trade unions to government ministries and the subsidized elevation of worker pay to optimal life sustaining and enhancing levels for extended families.

 

Now, the investing of this capital, Foreign Direct Investment (FDI) has been a major factor in the many wars in which the nation-states of the Global North have waged against the people of the neocolonial nation-states of the Global South. Wars ostensibly indulged in for the good of humanity, i.e., humanitarian military actions and to expand democracy and protect civilisation, i.e., solidifying White Power. Multinationals must have more markets, recalictrant lands must be forced into the chains of ‘modernization,’ either by economic sanctions or invasion. And when the Elites of the Global North have got the new markets, and when those markets are threatened by populist self-determination movements, then the national interests of the Eurasians imperialists nation-states must be protected. Which means the deployment of the Eurasians armed forces, aerial bombardment, naval blockades, drone strikes.

 

To get the new markets and to protect them the Elites of the imperial core plunge their nation-state into a military action. Millions are slaughtered in the Global South and then the survivors of the vanquished neocolonial nation-state are taught to need the trinkets of the imperials. Trade is revived, foreign direct control of the natural resources of the neocolonial nation-state is reestablished. In accordance with the capitalist business cycle good times come again for certain industries in the imperial core, and the laborers in those select industries forget any past economic dislocations and social discomforts. All over the world Foreign Direct Investments (FDI) bring the Eurasian nation-states and their intergovernmental military alliance organizations, such as the North Atlantic Treaty Organization (NATO) into collision with either the capitalists of other nation-states, also seeking good investment soils or with Ukombozi [Kiswahili: Liberation] movements for national self-determination. Continuous wars and the constant preparations for war are the natural result of Foreign Direct Investment (FDI), and thus ‘Free Market Economics’, ‘Free Trade’ or ‘Open Market Economics.’ Competition, a dissociative process, does not breed mutual attachment or comradeship, but enmity, rivalry and hostility.

 

For the neocolonial nation-state no surplus of wealth is produced. Enough wealth to supply an optimal existence for the population is not produced. It could be, but the fact is, that it is not. This is unsurprising given the nature of neocolonialism. It is also a fact that within the imperial core, an optimal existence is not provided for all of the population there. How then can the Elites of the Global North nation-states export any surplus wealth as capital to be used in Foreign Direct Investment (FDI) abroad? Simply because, of the wealth produced, an inequitable proportion is taken from the population in the form of rent, interest, and profits by the Elites, and these Elites, not being able to consume or use all the wealth that they have hoarded in their home country, invest the surplus abroad in other Global North nation-states and in the Global South. Thus, to defend this export of capital, to justify Foreign Direct Investment (FDI) is to support the unequal manner in which the wealth was expropriated from laborers and to exonerate the wholly inequitable distribution of the wealth produced.

 

If the wealth of our neocolonial nation-state were employed within our borders and equitably distributed, full employment at fair wages could be found for a large portion of our people. The rmt/ Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans], under an equitable distribution of the wealth and wise use of the natural resources require food, houses, clothes, furniture, tools, etc. Instead, what we presently have is millions of unemployed, millions are half-starved, hundreds of thousands of badly paid workers, all of this while wealth is hoarded by the Elites of the Global North and Global South in the banks of the Global North! At the same time these Elites in the Global North have even more stocks of surplus capital for Foreign Direct Investment (FDI).

 

To this must be added that speculative capital, a utilization of surplus capital by hoarders, i.e., Elites is the principle financial domain of parasitic, domestic and international profiteers and speculators, even in its somewhat milder form of Foreign Direct Investment (FDI). It prevents the reunification of the financial and economic sectors of the economies of the neocolonial nation-states of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans], with economic sector here being understood as those institutions socially tasked by the designers of the society with the duty of facilitating the production and distribution of necessary goods and services for the optimal well-being of the citizens of the nation.

 

The domestic profiteers and speculators arose initially during the first interaction between the sovereign states of the rmt/ Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] and the financial interests of the governments, merchants and aristocracy of Europe (Spain, Portugal, the United Kingdom, France, the Netherlands etc.) c. 5681 – 5841 KC [c. 1440 – 1600 CE]. These parasites, the forerunners of the lunatic, colonialist, political class of rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] of contemporary times, were birthed by the rampant galloping and hyperinflation, currency irregularities, population displacement and food-health system decay and collapse. These symptoms accompanied the inception, regional extension and triumph across the western lands of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] of the illicit commerce in w/Haku [Kush/Kemet: Prisoners of War, Slaves], or the expansion of the financial and economic influence of both the cross dšrt ꜥꜣi/Desheret-aai [Kush/Kemet: Great Desert, A-aʾ Al-Kubrā, the Sahara] Arab dominated commerce in trafficked rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] c. 4941 – 6262+ KC [c. 700 – 2021+ CE] and the trans-atlantic European commerce in trafficked rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] captives c. 5681 – 6101 KC [c. 1440 – 1860 CE]. Keeping in mind that the economic institution of sntt/Senhett [Kush/Kemet: Captivation, Bondage, Slavery] does not end, but is merely transformed by its benefactors into other seemingly less egregious forms of economic servitude c. 6101 – 6161+ KC [c. 1860 – 2021+ CE].

 

Following the military conquest and break-up of the political economy and political systems of the sovereign states of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] c. 6121 – 6161 KC [c. 1880 – 1920 CE] the economic and therefore, political and health system damage caused by these two groups expanded exponentially. With total Eurasian control of the whole of the social system of the conquered nations, rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] domestic collaborators and international profiteers and speculators, settler colonialists similar in mentality or socio-economic background to their predecessors Leopold II, King of the Belgians, the British colonial entrepreneur Ceil Rhodes, along with the Lunatic Elite of Black Compradors of both the ruling and poor classes of the conquered rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] utilized all financial resources for their own avaricious purposes.

 

As a means of forcing rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans] to participate in the newly imposed settler colonial economy as laborers, which by nature is an externally oriented economy to the detriment of the domestic economy, and as a means to fund the infrastructure public expenditures that facilitated natural resource exploitation for overseas export, the settler colonial administration implemented a taxation policy that was a levy on the family domiciles in the conquered territory.  This tax which initially could be paid in kind or through labor eventually became centered firmly in the trafficking of labor for wages which were less than enough for subsistence.[1]

 

All incoming public and private capital, financial investments flowing in from North America and Europe beginning with the inception of the system and continuing to the present and foreseeable future were utilized in some part for direct and indirect speculation, black-marketeering and usury i.e., extortionate moneylending. These all resulted generally in galloping inflation, which is a chronic and widely fluctuating increase in the general level of prices ranging between double and triple digits per year. This is the situation that continues to prevail 6262 KC [ 2021 CE] with the parasitic speculators dominating both so-called legal and illegal trades in foreign currencies, labor and all manner of natural resources peculiar to a given neocolonial nation-state of the rmt/Remetch [Kush/Kemet: Autochthonous Humanity, the Blacks-Afrikans].”

 

pp. 18 - 30

Ambakisye-Okang Dukuzumurenyi, PhD Public Policy Analysis

km dd.tn mꜣꜥt/Kem Djed.ten Maat [To Be Black, Speak You Maat]



 

km dd.tn mꜣꜥt/Kem Djed.ten Maat [To Be Black, Speak You Maat]

Description

Essays on Afrikan Liberation, Revolutionary Governance and Radical Macroeconomic Public Policy with a Translation of the Oldest Book in the World the Instructions of Ptah-Hotep, the Ethical Axioms of Excellent Discourse & Afrikan Behavior by the Prime Minister & Chief Public Administrator of Kemet c. 1841 – 1251 KC [c. 2400 – 2990 BCE].

 

kmyt/Kemyt [Books of the Black Land] AFRIKOLOGY PHILOSOPHY SERIES

Pan-Afrikan Ethics for Pan-Afrikan Public Policy & Public Administration

Volume I

 

Ambakisye Dukuzumurenyi, Ph.D. Public Policy Analysis

Accra, Ghana: University of New Timbuktu Seba Press, 2021.

Pp. liii, 690. [PDF]






 

https://ambakisyedukuzumurenyi.jimdofree.com/books/

 



[1] See: Excerpt From: Leo Tolstoy, What Then Must We Do? [1866] Translated by Aylmer Maude (1925) in the Appendix at the end of this essay. In it Leo Tolstoy delineates the Eurasian methodology of monetary conquest and enslavement in Fiji.