So now it looks official. Biden has become the latest in the long list of US presidents who commit war crimes.
The US regime sets up military bases around Iran and throughout that region to contain and threaten any opposition to their territorial domination and access to cheap oil supplies, then when they face opposition, they launch strikes, with the President's approval, committing murder in places far from their own country. Clearly, this is not in defence of nation and is an aggressive act, that should be prosecuted in international courts.
2 ( +13 / -11 )
The payments probe shows that this timeline omits the pre-selection bribery activities, all the pre-selection false narratives about cost performance and the budget projection lies spun by Dentsu, the media and various corporate welfare recipients eager for public handouts.
Also omitted is how the pro-Olympic insistence of so-called leaders, such as Koike and Abe, has delayed government response to the pandemic.
We can add to the timeline the coming decades taxpayers will have to fund the massive debt for what ultimately is just a one month celebration for nationalists and the construction industries.
12 ( +12 / -0 )
Japan is a first-rate neoliberal nation, which is why the government does not have a strong public response to the pandemic and cannot collectively solve either the production of a vaccine or its timely distribution.
13 ( +15 / -2 )
If hegemony must persist, at least shouldn't US and Japanese corporations be providing the funds as the US bases here, as around the globe, are mainly to protect global trading routes and supply chains? It would seem logical that those who exploit people and appropriate resources pay the "externalities" of their business practices.
9 ( +11 / -2 )
The pandemic is a great opportunity to rethink the Olympics.
Dentsu and other media could fool the Japanese citizenry into mortgaging their and their children's future for a 2 week party, but informed locals in other countries are waking up to bankruptcy that is the Olympics and rejecting proposals to host.
This time, whatever, but going forward, why not just choose the place with the best facilities for that particular sport and have competing athletes gather there. So there could be multiple hosting cities each time and there wouldn't be a need for the corruption, wasted money, exploitation, dwelling removals and deaths for building the facilities, often soon abandoned. Or the need for all the security. Most of us only watch on TV, so do we really care where it is taking place?
15 ( +15 / -0 )
Thinking strategically, would it not be better for the Dems to have the republicans infighting for the next 4 years by pitting the Trump loyalists against those who used him when his brand was favourable but want to dump him now that it's toxic and he has a losing electoral track record? McConnell and his gang would boot Trump in a minute if they though it wouldn't hurt their reelection chances. Oh, the cynicism. Isn't it time time for the 2nd coming of GWB and his kinder, gentler form of imperialism?
5 ( +11 / -6 )
If you look around the world, countries with right wing neoliberal governments or populist leaders or both are suffering the most from the pandemic. In Canada, the provinces with the most right wing governments have the worst numbers. Maximizing private benefits will never lead to the greater good. Better to finally bury Boris and his gang's corrupt ideology than more Covid victims.
9 ( +13 / -4 )
What we shouldn't miss in passing is that many of the same senators who were condemning the actions of the "domestic terrorists" easily vote for aid packages to groups who do the same thing in other countries or support the actions of the US military to overthrow elected leaders of other nations. Why is violence at home condoned and violence abroad applauded?
13 ( +16 / -3 )
Let's be clear. This corporate welfare scheme is framed as part of national defense against a neighbouring country, the labour of which supports our lives under increasing wage depression with cheaper goods, but it's the desperate move of corporate-state elites to keep their wealth and power with the home economy in decline.
2 ( +7 / -5 )
密 seems good for 2020 in Japan, when joined with 秘 to make 秘密. It's been a secret since the start of the pandemic how many people have been infected. Through lack of testing, even the national government has been kept in the dark. What you don't know... Then the immigration authorities kept long-term foreign residents from knowing if they could reenter the country if they left. Finally, will the size of the ever-growing Olympics debt be revealed? And just how much have friends of the LDP, such as Dentsu and all the Zenikon construction companies profited from all the corporate welfare? On second thought, if we had any tears left, 涙 might be the best choice.
16 ( +17 / -1 )
Why the minimalist "either or" option? Why not allow for combined names, the length of which would help Suga move towards his Hanko-free goal. Couples could also be allowed to come up with a new name. It's common to rebrand organizations or products, so why not couples?
-5 ( +2 / -7 )
The headline should have been, "Suga and the LDP once again seek to green-wash nuclear energy".
We shouldn't forget that this lot used the Kyoto protocol as a way to push for further development of the nuclear energy industry in Japan, and there was a lot media at the time about how Japan was going to lead on addressing global warming. Of course we know there was little investment in other alternative energies in Japan, such as solar and wind.
After the man-made Fukushima meltdowns, we heard next to nothing about the climate emergency in the news and Japan broke all its Kyoto promises.
On this issue, like many others, we need to follow the money. If the government leads in a rapid shift (much earlier than the 2050 target) of investment away from fossil fuels and nuclear towards alternatives, not including blue hydrogen, only then can we say Suga is being true to his words.
1 ( +9 / -8 )
large amounts of its own money with no serious consequences until inflation starts to rise to excessive levels.
And as most people seem to miss, obviously not you as this is spot on, is that the "debt" the government has, while beyond excessive, is for the most part, the Japanese people's money, and not money funneled in from abroad. It's rather like taking money from one's right hand and putting into their left.
This is not entirely correct. Money, basically, is a promise to pay. Since money is debt/promise and since most debt must be paid back with interest, then a part is money that will come from future debt. Which means is money or a burden on the unborn.
Yabaru, did you want to say that the promise is mainly between Japanese people and so it is not an increase in foreign debt? If so, does it really matter if the master to whom you are beholden is local or foreign?
-1 ( +0 / -1 )
Just because Trump uses anti-China rhetoric to try to demarcate the American nation, which then puts meat on the legal bones of his legitimacy, this does not mean he or the Republican Party's financial backers dislike China. Indeed, they love Chinese labour (though less so as wages rise) and Chinese consumers. Of course they will uses their political pawns to put down rival Chinese businesses, such as Huawei, as competition hurts profits. Growing competition for global resources, which drives up prices, also creates some animosity, but this is good for the military industries in both countries. Biden's rhetoric may differ, but the Democrats are also mostly pro-China when it comes to the economy. Their embrace of neoliberalism shows they little care about the conditions of US labour.
If we think seriously about the extent to which our lives have become dependent over several decades on cheap Chinese labour and now the buying power of Chinese consumers and tourists, we are all lovin' it. Despise the Chinese regime (as we should also the US) for all its human rights abuses, but still acknowledge that China bailed out the global economy after the debt-bubble collapse of 2007. Just look at the statistics for natural resources used to build new towns and cities. Such are the contradictions of capitalism.
7 ( +10 / -3 )
In putting everything on display, Trump has exposed the true arrogance of US imperialism. It has long been US capitalists, their trading partners and compliant regimes first and Trump's narcissistic personality disorder just has him slogan this on a baseball cap and shout it out daily in a tweet.
Biden's shift will be to move more of the communications back into the shadows, use again coercion rather than in-your-face bullying, and employ the democracy and freedom rhetoric while the business of exploitation and appropriation continues as usual.
6 ( +14 / -8 )
This pandemic, is shining an even brighter light on the sever failings of following the neoliberal push to turn all social relation into market relations, where especially in low supply conditions those with money have a much greater advantage. Of course, this goes against a democratic understanding that we end up with better and safer societies when we share more equitably public goods. We are talking about masks and alcohol here, but shouldn't we extend the discussion to other basic needs, such as housing, nutritious food, medicine, etc.?
There is the rather illogical notion that each individual or company pursuing greater wealth will lead to social betterment, but we see in the example discussed in this article and the fact of increasing global inequality, that private wealth mostly remains private. Imagine what would happen in a family if each member tried to eat all the food many hands produced. That would go over well, wouldn't it.
3 ( +4 / -1 )
Thank you for your feedback. You make an important point about the timing and speed. What I'm thinking is, for example, offering financial support to those laid off workers who want to build cooperatives or when a firm is bailed out, instead of government getting a capital stake, provide workers with an ownership share so they could have more input into their own working conditions. Basically, leverage these conditions to enhance workers' rights and opportunities. Hope this clarifies a little more.
1 ( +1 / -0 )
So the answer to the second to last crisis of capitalism, in the 1970s, was to move from a Keynesian model to neoliberalism. When the last crisis hit in 2008 and neoliberalism was shown to be a failed approach, there was just a doubling down rather than a serious rethink because major governments have become corporate states. This latest crisis, at least in Japan and the US, appears to be another doubling down, with the people's and future generations' wealth flowing to investors and large corporations instead of taking the opportunity to shift to an economy for the people, of the people, by the people. We seem to like justice, an equal opportunity to participate in national and local government decision making process, and a fair share of public goods in our society. That is to say we still seem to value democratic processes. So why don't we also have these in our working lives?
7 ( +7 / -0 )
And please remind me again why Japan still can't become a sovereign nation and why there are fears that another country might want to invade Japan? Is it the wise elderly population? Perhaps they would want the debt burden? Wait, it's Japan's abundant energy and mineral resources...
0 ( +9 / -9 )
I’m saying its a red herring because we are already doing it without any deliberate policy to promote it: when societies develop, their birth rates go way down, and everywhere in the world except sub Saharan Africa is on course to have their populations peak and then decline in the near future.
It's true that as societies gain more material wealth and share it more, populations grey and decline, partly because pension and other social welfare systems replace the need for a large family. Also, death rates decrease and there is not the same fear for the future, which leads to higher birth rates. But, this gain in material wealth has been driven by overexploitation of the natural world, and especially fossil fuels. We are simply living beyond the carrying capacity of the planet and created a climate emergency. Destabalization leads to higher birthrates in poorer regions and refugee flows, so even if wealthier countries (for now) have population reduction, this is not happening at a global scale. In addition, people in a material abundant nations consume the most, so these countries need to rapidly reduce their populations if they are to live with their nation's carrying capacity and not exploit the rest of the world.
We will either have to reduce human population in an organized way, or this will come about through natural disasters, pandemics and, quite possibly, war.
0 ( +0 / -0 )
Our numbers and damage to the environment were largely kept in check by natural pressures until the 19th century when industrialisation and modern medicine allowed our numbers to soar far past sustainable levels.
This was one factor, but more important was the conversion of fossil fuel energy to food energy through new fertilizers. With cheaper and abundant food, Capitalism could satisfy one of its critical requirements for growth, ever more people (using ever more energy and resources to make stuff they soon trash).
Before Moore and others questioned the perpetual growth model, even if green-washed, the Limits to Growth group in the 1970 showed us that growth of human population and resource use on a finite planet is impossible. Their research conclusions were attacked but recently there work was revisited and indeed we are tracking just as predicted for a major crash in ecological systems in 2030, as under the logic of capital accumulation, we keep following the business as usual scenario. Below is a link to an article on the revisited work, with graphs.
3 ( +3 / -0 )
It should be taught in 5th grade that govt doesn't have any money. Every yen they spend, they first have to take it from the people, thus reducing the money people have in their pockets, the money in the private sector, and the money in private banks which are used to lend to businesses.
Why teach something incorrect to 5th graders? The government spends a lot of money it does not "take" from people through taxes. They borrow against the future by selling government bonds (which is why they want inflation to discount the cost of repayment).
Because of this situation, Modern Monetary Theory is getting more traction, which argues that governments can just print fiat money. Others counter that this will create inflation, but because Japan has a shrinking and greying population, perhaps this shouldn't be a concern. Though there could be global currency valuation issues.
Well, because government financing is rather complex, maybe we need to wait and teach it to 7th graders ;)
6 ( +8 / -2 )
One would hope, at the very least, he is reading government and experts reports and reviewing policy documents. He's the PM at the time of a unique crisis. Step up and work for all people!
22 ( +25 / -3 )
This telling of the Abenomics story misses a key point: it was always about austerity or precarity for lower classes and fiscal and monetary stimulation for the upper tier. Not much different than the usual neoliberal trickle down approach. The wealthy could see that with a shrinking and greying population, the pie was shrinking and Abenomics is the deceptive name used to disguise a battle for a larger slice.
While the increased regressive consumption especially hit the unemployed and working poor, the progressive national tax was being reduced for those with higher incomes and growing wealth.
A lot of the government spending can be classified as corporate welfare. Basically perks for huge corporations. The move to increase defense spending and allow weapons sales abroad is a good example. Of course there is the Olympics, a huge payout of tax money for the construction industries. Quantitative easing was a way to juice the market and enrich the investing class.
There was "structural change" mainly on the labour side, that allowed for more contracting out and a growth in predatory worker outsourcing businesses. At the same time, the myriad governmental barriers to entry are still there, meaning it's hard for people with creative ideas and energy to start up and remain in business. Stats show that small and medium sized business pay a higher tax rate than larger corporations as they are granted far fewer deductions.
The virus crisis exposes Abenomics as traditional class struggle, because with mass unemployment and small business crashing and burning, we see clearly how reluctant the Abe government is to step in and really help those who need it. Rather, in the details we can see this is another opportunity to use stimulus to transfer public funds to the ever better off.
27 ( +30 / -3 )
To prevent this, the government is currently offering sizable subsidies to businesses of all sizes that don’t lay off a single employee as a result of the current economic downturn.
Totally untrue. The subsidies are not generous at all, as they are capped at ¥8,800 a day for workers who are told not to work at all. This is basic part-time pay. The company must make up the spread in wages, if they don't reduce a workers wage. Also, if someone works a few hours a day, compensation is less. So unlike in more advanced economies, the Abe government's policy provides little incentive for companies to keep workers if business drops by much.
3 ( +3 / -0 )
So will these private profit making and tax avoiding companies have to pay for any of the infrastructure that public money built?
0 ( +1 / -1 )
Bringing back manufacturing
So companies that up and fled Japan seeking a cheaper labour force and lower labour and environmental standards, requiring tax payers pick up the bill for the suddenly unemployed, now get rewarded for bringing back their processing and manufacturing, again leaving the burden of the newly laid off workers for someone else to carry.
This is clearly another example of the Abe government's ongoing class warfare, using this virus shock to further enrich the wealthy.
3 ( +3 / -0 )
Though the details aren't many, based on what has come out, I don't see how this will help small and mid-size companies, which employ the majority of workers.
1) Social Security and tax deferrals just push the pain off for a while.
2) Even with a non-interest loan, which businesses want to go further into debt with no revenues for a while and likely lower revenues post-virus as the recovery will take time?
3) To qualify for full "9/10 wage assistance, the employee has to not work at all and even then, "9/10" is capped at 8,800/day. So if its a 21 day month, that covers roughly 185,000. It's great if all the workers are already low-wage workers, but if they get a decent salary, the business still has to make up the difference or cut their salaries to subsistence levels, increasing the already large number of precarious workers. When employees work a few hours a day, the assistance goes down.
Overall, this means businesses need to top-off wages to keep employees and continue to pay rent and some other operational cost and possibly also pay back loans for capital costs. Without rent moratoriums and some grants, I can't see how many small business will be incentivised to keep going. Something more along the lines of Germany will be needed.
9 ( +9 / -0 )