“All that glisters is not gold;
Often have you heard that told:
Many a man his life has sold
But my outside to behold:
Gilded tombs do worms enfold
Had you been as wise as bold,
Your in limbs, in judgment old,
Your answer had not been in’scroll’d
Fare you well: your suit is cold.’ Cold, indeed, and labour lost: Then, farewell, heat and welcome, frost!”
― William Shakespeare,
Cui Bono – for whose benefit?
You are not far away from productively enter society and the real world. For that, you will need to be as ready as possible to become accomplished and successful professionals.
I take a short passage, from the end of an article I am currently finalising [‘Plattformökonomie – flexi, ein Schritt vorwärts oder zwei Schritte zurück?’] … Sorry, it is I German language ….***
Ein Eindruck vom mehrfachen Druck
Ein Eindruck sei hier am Schluss gegeben – dies meint auch: eine eindrückliche Verdeutlichung des Gesamtzusammenhanges. Es handelt sich um ein persönliche Erfahrung des Autors – gemacht im August 2017: Ziel des Fußweges war die mehr oder weniger zentrale Geschäftsstelle einer Krankenkasse in einer größeren deutschen Stadt. Der Weg führte an den verschiedenen Geschäften der Ketten vorbei: einschließlich etwa Esprit, TK, Starbucks, Karstadt, H&M, s.Oliver, Victorinox, Subway, Zara, Primark, Nespresso, Manufactum, O2 – auch der ‚discounter’ Lidl, alle nun auch in den Zentren mehr oder weniger reicher Städte Deutschlands zu finden.
Vor dem discounter kniet ein Bettler, im danebenliegenden Kaffee wird der Verkäufer der Straßenzeitung von der am Tresen stehenden Verkäuferin vertrieben, in der Geschäftsstelle der Krankenkasse wird die Summe des Versicherungsbetrages genannt – es handelt sich um mehr als 16% des Einkommens. Im Falle der Einkommenslosigkeit sind es immer noch um knapp 180 €. – Glücklich, wer da noch beim discounter kaufen kann oder gar auf andere Weise den Wert der eigenen Ware Arbeitskraft senken kann, etwa durch die Inanspruchnahme des Foodora- oder Uber-Dienstes, möglicherweise bei einem Urlaubsaufenthalt, erschwinglich durch den solo-Unternehmer, der als Pilot arbeitet und die Airbnb-reduzierten Unterkunftskosten – die letzte Warnung: spätestens wenn der Trevi-Brunnen oder Ähnliches zum Verkauf angeboten wird, sollte man sich fragen, ob die Grenzen nicht wirklich überschritten sind. – Déjà vu, das letzte Geschäft, welches ich nun auf dem Rückweg sehe – wohl Zufall, ebenso Zufall, wie die aufschimmernde Erinnerung an einen Platz in Rom, den ich vor einigen Jahren überquerte – selbst im Zentrum des katholischen Wohlgefallens ist bekannt, dass Wohlfahrt in der Konkurrenzgesellschaft Grenzen hat.
Reading the short story the light of finance, there is one crucial sentence, and should not be forgotten when looking at the tool of finance – and applying tools without knowing sufficiently about the entire context:
Vasili Andreevich stopped, stooped down and looked carefully. It was a horse-track only partially covered with snow, and could be none but his own horse’s hoofprints. He had evidently gone round in a small circle. ‘I shall perish like that!’ he thought, and not to give way to his terror he urged on the horse still more, peering into the snowy darkness in which he saw only flitting and fitful points of light.
 Ja, es ist ein bemerkenswerter Geist, der da über allem schwebt. Und wie Namen, Images und Design eine immer prägendere Rolle spielt, was unter anderem durch Halbbildung ermöglicht wird.
Yes, it is a remarkable spirit that floats above everything. And how names, images and design play an ever more prominent role, which is made possible, among other things, by semi-education.
 Es fehlt nur das an das S angehängte t um dem Ganzen etwas Heiligkeit zu anzuhängen.
The only thing missing is the t attached to the S to add something holiness to the whole.
 Vom Teilverkauf in der Form von Besichtigungskosten, gig-sightseeing-tours etc. abgesehen.
Students at Bangor College China asked me for an interview – some would say it is about god and the world – but that is not really an appropriate wording when it comes to talking with an atheist about studying, teaching and responsibility, is it?
It may well be of interests to a wider audience — trying to make sense of studying today. And it surely links to many other statements made on various occasions of looking for firm grounds in a world of flux.
采访：李雨欣 彭博 龚佳亮 刘佳浩
“Capital is said … to fly turbulence and strife, and to be timid, which is very true; but this is very incompletely stating the question. Capital es- chews no profit, or very small profit, just as Nature was formerly said to abhor a vac- uum. With adequate profit, capital is very bold. A certain 10 per cent, will ensure its employment anywhere; 20 per cent, certain will produce eagerness; 50 per cent., posi- tive audacity; 100 per cent., will make it ready to trample on all human laws; 300 per cent., and there is not a crime at which it will scruple, nor a risk it will not run, even to the chance of its owner being hanged. If turbulence and strife will bring a profit, it will freely encourage both. Smuggling and the slave trade have amply proved all that is here stated” (T.J. Dunning, 1. c, [Trades’ Union and Strikes,] pp. 35-36; from: Marx, Karl, 1867: Capital; Volume I; in: Karl Marx/Frederick Engels. Collected Works; Volume 35; London: Lawrence & Wishart, 1996: 748, footnote 2)
Early capitalism was characterised by the fundamental ambition to follow the principle of exchange of equivalents – inequality existed at the point of departure but after ‘free individuals entered the economic sphere of exchange – they had been equals. The ten new capitalism stood against the feudal system that was based on violence. However, looking at the situation today, we see that the foundation is not simply and solely about the different points of departure. The economic process of the data economy is itself a violent relationship that has little to do with equivalence: it is the violence of withholding information, utilising the directional power of information, the enforcement of conditions, perfectioning of control etc.
Even if every business transaction was protected by derivatives, the real economy-based proportion would still be less than 5%. Therefore, by far the largest portion is used for speculative trading. Buyers and sellers no longer have anything to do with each other. Dealers with not the slightest interest in wheat purchase large quantities of grain forwards in order to sell them profitably when the contract matures. Only a very small proportion of this business actually refers to material objects such as grain, gold or oil – the BIS assumes this proportion to be approximately 1%. The predominant proportion concerns financial products. There is practically no end to fantasy in developing derivatives: meanwhile, the system has achieved such a complexity that there are derivatives dealing with derivatives of derivatives.
VIIIAll social life is essentially practical. All mysteries which lead theory to mysticism find their rational solution in human practice and in the comprehension of this practice.IXThe highest point reached by contemplative materialism, that is, materialism which does not comprehend sensuousness as practical activity, is contemplation of single individuals and of civil society.XThe standpoint of the old materialism is civil society; the standpoint of the new is human society, or social humanity.XIThe philosophers have only interpreted the world, in various ways; the point is to change it.
Of course, there had been a good reason for Ciro Guardaccione, saying
This is a fantastic thing, I would like to thank Pope Francis for everything
the background for this statement being a recent step made by the Vatican on which teleSUR reported in an article on April the 12th:
On Monday Pope Francis opened a free laundromat for people living on the streets in Rome.The Pope Francis Laundry, located in an abandoned hospital near the Vatican, was opened to “restore dignity to many people who are our brothers and sisters,” according to a statement.
It is good news, those, who are preparing for the Easter celebrations, going then to mass, make take into their hearts.
“There are those who say ‘I am very Catholic, I always go to Mass, I belong to this and that association’,” the head of the Roman Catholic Church said.
He said some of these people should also say, “‘my life is not Christian, I don’t pay my employees proper salaries, I exploit people, I do dirty business, I launder money, (I lead) a double life’.”
Of course, we see that the church under the current leader is working on the issue:
The Vatican passed its first legislation against money laundering and terrorist group funding in 2011. At the Vatican Bank, Pope Francis has brought in new leadership, increased transparency and limited access to the bank to diocese and other Catholic organizations to further fight against money laundering. Under his watch, the bank also disclosed its very first annual financial report in 2013 (the bank released a second annual report last year).
But there some issues remain on the agenda that raise doubts and the question if we are actually facing a double hypocrisy: arguing against hypocrisy in the world while standing on hypocritical feet makes two right? And though knowing too well, that selling the assets and feeding the poor is not the solution, issues as the following remain on the table:
- Vatican Inc.: 5 facts about the business of the Catholic Church
- What is the Catholic Church’s estimated net worth?
- How rich is the Vatican? So wealthy it can stumble across millions of euros just ‘tucked away’
- The Catholic Church is the Biggest Financial Power on Earth
- Germany’s richest diocese has greater assets than the Vatican
So far, at least, and if we can believe the satires, the son, when going to the cross, was joined by two people: Dismas, the penitent thief, and Gestas, the impenitent thief, the latter supposedly asking for salvation, the first asking to be remembered, the first very much behaving according the ‘life style’, that was much later named utilitarian – and on which I reflected recently. It surely is over-interpreted, still, there remains the question why Dismas was supposed in the left side of Jesus
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