Yesterday, April 22 many people gathered to celebrate “Earth Day” in order to call for a stop of human action and creativity in the process of transforming our planet. Fortunately, against these destructive minds and philosophy many men and women have been working to show why the transformation of the world is something good, positive and beneficial for all of us.
I invite you to watch this wonderful video titled “If I wanted America to fail”
Furthermore, I also invite you to read the essay written by Alex Epstein (Founder and Director of the Center for Industrial Progress) in which he elaborates why human transformation of Earth is the product of our success in being more efficient and productive. Because as Epstein wonderfully elaborates,
“It is only through technology–transforming the world around us for human purposes–that we eventually lessened that load. Technology, by creating a human environment in which our goals are easier to accomplish, buys us time–time to enjoy ourselves as we please, or time to create more technologies that will buy us even more time by improving our environment even more.” Read his essay here
Thanksgiving is a typically American holiday. In spite of its religious form (giving thanks to God for a good harvest), its essential, secular meaning is a celebration of successful production. It is a producers’ holiday. The lavish meal is a symbol of the fact that abundant consumption is the result and reward of production. Abundance is (or was and ought to be) America’s pride—just as it is the pride of American parents that their children need never know starvation. Ayn Rand
Thanksgiving is the perfect time to recognize what we are truly grateful for, to appreciate and celebrate the fruits of our labor: our wealth, health, relationships and material things–all the values we most selfishly cherish. Debi Ghate
And as Ayn Rand cleverly mentioned in regard to Deficit Financing,
The government has no source of revenue, except the taxes paid by the producers. To free itself—for a while—from the limits set by reality, the government initiates a credit con game on a scale which the private manipulator could not dream of. It borrows money from you today, which is to be repaid with money it will borrow from you tomorrow, which is to be repaid with money it will borrow from you day after tomorrow, and so on. This is known as “deficit financing.” It is made possible by the fact that the government cuts the connection between goods and money. It issues paper money, which is used as a claim check on actually existing goods—but that money is not backed by any goods, it is not backed by gold, it is backed by nothing. It is a promissory note issued to you in exchange for your goods, to be paid by you (in the form of taxes) out of your future production.
PARIS — A day after European leaders unveiled their latest plan to save the euro, top officials opened talks with China in an effort to lure tens of billions of dollars in additional cash, giving China perhaps its biggest opportunity yet to exercise financial clout in the Western world.
China is expected to demand significant concessions, including financial guarantees and limits on what Beijing sees as discriminatory trade policies, in exchange for any investment in Europe’s emergency stability fund. The head of the rescue fund, Klaus Regling, got a cautious reply from Chinese officials Friday during a visit to Beijing, where he said he did not expect to reach an investment deal with China anytime soon.
A senior Chinese official, Vice Finance Minister Zhu Guangyao, said China — like the rest of the world — was still waiting for the Europeans to deliver crucial details on how the rescue fund, the European Financial Stability Facility, would operate and be profitable before deciding on whether to participate. via: China Is Asked for Investment in Euro Rescue by Liz Alderman and David Barboza.
Globalization & Capitalism 