by Bel Suave

24 days ago

Mixed Sentiments - pt 3 - of The Myth of Capital

The Fight against the Pharisees of Fear Porn Begins: Profiles of Islamic Societies in Reality - Not Fantasy

When I started work last spring on this final part of the Myth of Capital series, I imagined it as simply the
concluding part of a study of the deceptions which have made our economic systems a liability to freedom and
prosperity for all but a chosen few. It grew from that into a parallel focus upon how real life people and societies
might act outside of those phony systems called "capitalism,' "communism," "socialism" and the like. Parts One
and Two - plus the preamble post - walked through the way in which a group with newly acquired money and
social influence began to create from those assets a purposeful mythos that could supersede the previous
understanding of what 'western civilization' meant, and whence it had sprung.

Myth(s) of Capital(the preamble!)

A who, how, why and when of capital's transformation into the password for Scarcity
Economics - and the Desacralization of our world. (reconstituting forgotten knowledge
of certain Giants of our past in order to dispel the lies & distortions of an ignoble
present...in steps along a forest trail)
BEL SUAVE

Moral Sentiments - part one - The Myth of Capital

MORAL SENTIMENTS: ADAM SMITH and the HIDDEN HAND
BEL SUAVE

Ballooning into far too much to fit into one slender essay, this closing essay stayed in draft form for the next 8
months - as I puzzled over what to do with it. Now, recovering from the alarm of finding out just how completely
the 'new media' of the internet has fallen under the dominance of the sionist shock troops of dissimulation and
hatred, I have re-read this piece with fresh eyes for the service it can perform! As much as it is an historical
enquiry into the nature of finance and economics, it also stands up well as an introduction into the way that real
life people - OF THE KIND WHO ARE BEING DELIBERATELY VILIFIED IN THE WESTERN SIONIST CONTROLLED
MEDIA - have approached the challenge of building lives for themselves and their families. Even without the
ridiculous slanders and made up stories about who Islamic people are -and what are their values - you will see in
this story how people completely ignorant of this reality - such as our old buddy and economic savant Martin
Armstrong - continue to misrepresent them in order to score cheap points. Since I critiqued his shallow and
factually-challenged comments herein, however, I have discovered that there are much much worse examples of
complete lies and distortions about who Muslim people really are!

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* Empire of Fear Porn *

New Modes of Sophisticated Dissimulation: Who's Encouraging Fear and Hatred
between East and West - and Why? Massive internet Psy-ops turn your favorite
truther sites into just more garbage in garbage out!
BEL SUAVE

The only anti-dote to lies and hate porn is facts. And here you will finally read them - as opposed to the kind of
fictions peddled by the merchants of fear porn who we have finally focused a light upon the our latest expose!
Facts which demonstrate how little difference there actually is between people all over the world - no matter the
form of their religion! Let this just be the beginning piece of this anti-dote to fear porn and sionist deception. Let
us finally - Islam and the Occident - work together as one united people to overcome the deceivers and hate
mongers such as the "darkmoon.me" hasbra provocateurs and their seedy supporters. Let us crush those who
work to crush our final chances to avoid a self-destructive clash of civilizations - by taking the battle to the
enemy!
But that work can only be the opening sally of retaking our history - and regaining our authentic culture. Parallel
to that defense must be started the work of re-defining what it is possible to create that will be expressive of that
authentic tradition - in the economic and social spheres! Once we expose the 'myths' of 'capitalism,'
'communism,' and so forth, we are in need of systems which can replace them. Part of the search for such
systems must involve a close look at times past - through fresh eyes - as well as careful examination of what other
cultures may have to contribute to such a transition out of the poisoned past into a new start. Part of the reason
for the huge efforts to vilify and belittle all of Islamic culture is to keep us from accessing the elements within it
which may speak to our own quest. This piece is dedicated to the cross-culture pollination from which the
shoots of our revival may yet spring!
HERE STARTS THE MUCH DELAYED PRESENTATION OF the final part of THE MYTH OF CAPITAL

It is presumed that in earlier agrarian societies, loans had been made in seed grains, animals and tools to farmers.
Since one grain of seed could generate a plant with 100 new grain seeds, after the harvest farmers could repay the
grain with interest in grain. Similarly, when animals were loaned they could be repaid with interest in the form of
sharing in any new animals born. The Sumerians used the same word - mas - for both calves and interest. A
similar Egyptian word meant to give birth. What was loaned thus had the power of generation, and interest was a
sharing of the result. It would have been a major conceptual error to allow usury to be charged on agricultural
loans denominated in metals, especially if the interest and principal was to be paid in metal. For one thing, metals
are "barren" - they have no powers of generation. Any interest paid in them must originate from some other
source or process, outside of the borrower's understanding or control. Money and power would concentrate in
the hands of lenders. Zarenda THE LOST SCIENCE OF MONEY

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AGONIST.ORG 8 MONTHS AGO

Discourses on capital as the term has come to be used in the occidental world all too commonly start from
the setting out of a series of conjectures mistakenly posited as statements of immutable fact, before rapidlydeteriorating into an interminable jungle of technical jargon and factional argument that leaves the reader
disposed to give up on the idea of ever really getting to grips with the concept altogether. By this means, even the
most sincerely enquiring of minds is induced to stop thinking, and simply accept a given set of premises which
accord with their own pre-suppositions socialistic, libertarian, free market and so on.
I propose here to avoid that pitfall and that misuse of the readers attention - by taking an entirely different tact
in examining the nature of capital and its bastard offspring, capitalism. The word itself, capital evolved from
the old English word for cattle just like our concepts of money, currency, and goods are all rooted in the
stock of accrued wealth that flocks, herds, and other agglomerations of domesticated animals represented to
our ancestors. Nothing could be more basic to our examination of the subject than that simple fact. By means of
it, we will be able to separate the strands of deceit and misrepresentation interwoven with the long yarn of our
true history.

Parts One & Two of this series have looked at the manner in which science, finance, and the desire of men to
usurp the role assigned from antiquity to the deities coalesced into the modern market economy and a
dictatorship of scientificism disguised as technological progress. Untangling the skein of lies by which the
occultic forces of finance have equally usurped our birthright as freeborn individuals, able to employ our natural
instincts of enterprise and cooperative development thereby turning our society into a tax-farmed slave labor
camp of grandiose proportions is the next logical phase of this examination of a systemic embezzlement. One
of the best ways of cutting through the preconceptions, prejudices, and static notions which surround any
conceptual system - thereby getting to the heart of the subject - is to examine it from outside of its own
parameters. Part Two of this series MARKET SENTIMENTS measured the myth and legacy of capital/capitalism
from the vantage point of those who first challenged that systems ascendancy C19th andC20th writers like
John Rae, Henry George, Proudhon, and Silvio Gesell. While the efforts of these economic free thinkers to cut
through the smoke and mirrors were suppressed and defeated, they nevertheless left us with valuable clues with
which to pursue the hidden truths of our times and times past.

Amongst the chief misrepresentations by which our history has been obscured is the role and function of money
in early societies how currencies came into being, and who was responsible for their development and
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imposition. Since the time of Smith and the cadre of foundation-trained political
economists/anthropologists/social scientists who framed our understanding of the distant past, it had been
widely believed that money came about as the result of the desire of traders for easily circulated and mobile
tokens by which strangers could exchange goods in one time dealings. Gradually the work of researchers better
equipped to interpret ancient inscriptions and records has revealed the probable fallacy of this belief instead
proposing an institutional origin for currencies which temples and kings took a direct hand in advancing.
Graebers Debt the First 5000 Years shows many examples of how the priestly caste and lending at interest
were intimately connected

It was the Sumerian temples and palaces, typically much larger than the private oikos estates of classical antiquity
larger even than the classical epochs palace and temple households that developed standardized units of
production, distribution and monetary measures that later were adopted by private individuals in smaller civilian
contexts.

Like trade and commerce, debt is found from the outset as gift exchange, restitution fines for personal injury, and
bridal or related marriage arrangements as well as the omnipresent mutual aid. Money developed initially as a
means of paying debts. Related to such theorizing is the assumption that production and trade evolve smoothly
from small, private individual scale to ever larger, ultimately public scale. But what appears to have occurred in the
ancient Near East was just the reverse: a quantum leap in the scope of organizing economic relations.
- Graeber Debt the First 5000 Years
But most of this clear thinking and empirically-based discovery is still buried under the rubble of a century and a
half of deliberately stultifying academic orthodoxy, employed by the monopoly finance cartel to buttress the view
of social development most advantageous to its purpose. The far flung journeys of scientific sojourners like
Darwin & von Humboldt in the early C19th were quickly followed up by the decision(on the part of those who
truly counted, behind the scenes)in occidental capitals to fuse the task of education to the building of an allcommanding State.

The collusion between philosophy and the State was most explicitly enacted in the first decade of the nineteenth
century with the foundation of the University of Berlin, which was to become the model for higher learning
throughout Europe and in the United States.
The goal laid out for it by Wilhelm von Humboldt (based on proposals by
Fichte and Schleiermacher) was the "spiritual and moral training of the
nation," to be achieved by "deriving everything from an original principle"
(truth), by "relating everything to an ideal" (justice), and by "unifying this
principle and this ideal in a single Idea" (the State). The end product would
be "a fully legitimated subject of knowledge and society"each mind an
analogously organized mini-State morally unified in the supermind of the
State. Prussian mind-meld. from: translators forward -A Thousand Plateaus -Capitalism and
Schizophrenia/Gilles Deleuze FelixGuattari

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LIBCOM.ORG 8 MONTHS AGO

In this manner, a rigid control over both knowledge, and the very capacity to think would be imposed upon the
student of the future. In the disciplines of both natural and social sciences, the orthodoxy of approved theory
would replace the real method by which discovery and innovation occur the employment of observation to
determine the nature of things as they really are aka the scientific method. It was, as always, the usual suspects
behind this project in the USA, the railroad empires and industrial monopolists funded the creation of the
largest American universities, exercising rigid control over content and method of the teaching staff on the
Continent, the same coalition of banking houses and industrialists were pulling the strings of their frontmen in
the political arena as well as funding chairs in the older schools where previously a relative freedom of academic
thought had prevailed, and creating institutes where approved scientific projects could be fast-tracked to
completion.

By happy chance, or due to some innate wisdom, having left school at the earliest opportunity, I was
unvaccinated in the poisonous training to which all of scholarly bent are now subjected therefore remaining
able to think freely and explore ideas of interest unblinkered by an education. Once having completed career
goals to the extent of being able to free the time to go about educating myself, I was quickly able to see that
many of the most insightful and true works of scholarly origin were written by those of times prior to this curtain
orthodoxy coming down on the occident. The work of distinguished academics and enthusiastic amateurs from
the C19th and before often rings truer than the more modern and polished work of professionals who now own
the subjects of history and associated fields. Much of the work of discovering the real course of our historical
trajectory lies in throwing off the misleading pretension of these academic charlatans and tracing the clues of real
history back through the writings of more honest scholars and observers. When this methodology is employed, a
far different view of the past opens up to our inspection.
In the long process of re-educating/de-indoctrinating myself from the mythologies of conformist thinking, I have
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come to the realization that the capacity to form ones own opinion free of the manipulations of ones
surrounding milieu is something almost vanished from the current epoch. In such a situation, where information
is available in endless supply, but knowledge gained from hard-won experience is increasingly scarce, it is almost
a necessity to reach back in time to seek counsel and inspiration from those who were able to became true
savants in their fields of enquiry without the approbation of institutionalized science and the academy. Thus one
finds oneself drawn to those places where anteriorly the seedbeds of our understanding of both philosophy and
science were sown.

ancient lycia .jpg

DROPBOX 9 MONTHS AGO

Such a place is Lycia, an ancient territory part of the vast continuum of Anatolia civilization that stretches from the
most distant recorded past through to the modern era. I have enjoyed time spent wandering in the part of the
Taurus Mtn range here it mets both Caria and Phrygia, places of antiquity where the ruins of cities and temples
abound, and close by to where renowned names such as Anaximander & Diogenes speculated upon our universe
and its origins. For one curious to examine the alleged phenomena of progress the vantage point is uniquely
auspicious. In this unfrequented, out of the way part of what is now called Turkey, time seems to have stood
unusually still. Not only does the mute testament of those old ruins remain, but even in certain aspects of the
present day there are visual reminders of far off times. Some still make the trek, with their flocks every May from
the humid sea level plains to the high pastures of the Taurus mountain chain. The more I examined this
transhumant lifestyle, the more I discovered it in keeping with my own sense of wanderlust and adventure and
so having adopted it, find myself winding along the same forested trails as those guided by the same seasonal
peculiarities who traveled them two millennia ago. An observer from the C19th well captured the picture
"One of the distinguishing features of Lycia, is the marked contrast of climate and the variety of vegetation which
meet the traveller as he goes up the valleys abutting to the sea. Along the shore he sees none but lemon and
orange groves, the monotony of whose line is broken by pyramid-like cypresses and tall feathery palms. A few
hours 1 walk brings him to a colder zone, where the walnut, cherry, pear, and applein fact, all the trees of
Europe grow in abundance. A day of this continuous ascent amidst hill and dale, his ear caressed the while by
the refreshing sound of the waterfall below, lands him in Alpine scenery, which vividly recalls Switzerland and
Tyrol. 1 In such conditions as these, all that is needed to escape the extreme of heat or cold is a simple shifting of
abode. The seasons, which here may be expected with the regularity of clockwork, give the signal for the start.
Twice a year, spring and autumn, the whole population is on foot. Every lowland village owns, somewhere in the
highlands, its yayla, or summer encampment, generally situated in the clearing of a forest or on its outskirts.
Towards the end of May, all the roads are covered with the migratory population, driving before them their flocks
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and herds, when the stranger who happens to be travellng on these roads must needs stand aside many times in
the day, to let them file past. All are eager to escape from the pestilential, burning shore, where every green leaf
has withered under the scorching rays of the sun, to go and live three or four months in the cool atmosphere of
the hills, near living springs, under the grateful shade of trees, where, too, their animals will find an abundance of
grass."

WWW.UMANITOBA.CA 8 MONTHS AGO

So little has changed in the mechanics of this nomadic existence that one can be forgiven for sometimes feeling
that they have fallen out of time. Here, where even the radio and telephone do not reach, the pattern of life is
governed by the grazing needs of ones stock, and sustenance provided by the surroundings by and large. Such a
lifestyle continually reminds one of the living, biological basis of all real capital and the difference between
production of goods and the mere accumulation of same.

WWW.LANDOFLIGHTS.NET 8 MONTHS AGO

Lycia was the home of the first known federation of city states a freely organized compact between different
cities which jointly managed foreign policy, defense, and the taxes to keep an army and run the administration. Its
example served as template for much of the thought which went into forming the much later United States of
America. In the narrow valleys and broad uplands of this ancient people, somehow an economy flourished in the
absence of great trade routes or natural wealth, enough to sustain a civic culture and arts which would outstrip in
refinement most of what followed for millennia afterwards. Blessed with not much more than some pastures for
livestock and timber from its mountain forests, Lydia maintained a level of comfortable existence amongst its
cities and outlying towns far in advance of what exists there either now, when decaying villages slowly moulder
as the youth move to urban zones, and for centuries past, when the whole area lay virtually forgotten till
rediscovery by European explorers of the C19th So much for the progress of civilization!
Here then, where the ruins of a distant past still whisper their secrets to those who can listen, I have spent many a
happy day wandering the trails of the limitless black pine forests of the uppermost plateaus, where the shepherd
folk still bring their flocks for the hot summer months. Even today, it's still no easy way, these high mountain
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tracks and rocky screes - but not quite as severe as when, not so long ago, another traveler would write of it:
"A man needs the digestion of an ostrich, the skin of a rhinoceros, and the strength of a horse to travel in
Anatolia."
And here I have met folk who still bear traces - in their daily living - and their stories- of those distant times which
are all but forgotten by the modern age which is quickly changing everything around them. Spending some time
with them will be a profitable experience for those interested in understanding who Muslim people really are!

CayBace.jpg
DROPBOX 9 MONTHS AGO

In this fertile ground from which to challenge the myths of the deceivers then, a happy synchronicity produced
one day, Mehmet Ama(amca is an honorific in Turkish, similar to the meaning of uncle) our lead character in this
segment. A man whos story embodies a tradition of immemorial antiquity as well as example of a life led outside
of capitals many myths. He is a living bridge to the spirit of enterprise, independence, and fortitude which we are
taught to believe lie at the core of what we today call capitalism.

Upon close inspection, the details of this archaic lifestyle will prove however to be altogether opposed to that
mistaken conflation of capitalism with free enterprise serving instead to put the lie to the self serving
mythologies by which capitalism has been invested with values to which it is in fact unalterably opposed! While
this segment can only begin with such a close up inspection, with such direct examples of the flow of capital
stock, and the clearly cross-cultural impulse of self-improvement we have the opportunity to put some of the
most pernicious of those myths to rest. In the little details of things like the construction of grainerys which which
reflect an almost exact identity to those of 2000 past and the transhumant migrations of the stockherding
Yoruk we find clues to an ethnic continuity which places many of the people here at odds with the prevailing
myth of Turkification pushed by the central authorities. A glance at the features of many of these mountain folks
causes one to quickly doubt such attempts to create a homogeneity where many different ethnicities, religions,
and cultures have met and only superficially blended. An earlier traveler, missionary E J Davis noted:

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Lycian grainery2.jpg
DROPBOX 9 MONTHS AGO

On our way we met a large Yourouk family or

tribe en route for some other pasture ground.
They had thirty or forty camels, many cattle,
and some hundreds of sheep and goats; they
were well dressed, and some of the men mounted
on good horses; their women (who did not wear
a veil as most of the Muslim women) were
really good-looking. Altogether they seemed in
good circumstances; their roving life enabling
them to escape the exactions of the Government
officials better than the village peasants, who
are, in a manner, tied to the soil.
...while German explorers of the C19th came away convinced that the majority of those who inhabited the
uplands of Lycia at that time were in no way related to the Turks around them being of entirely genetic stock,
and likely to be direct descendants of the authochonous population going back even to Hittite times!
"Whatever path we take, then, we shall reach the same result; the Lycians of the classic age were the remnant of a
people that figured in that primitive Asia Minor which, from the Amanus to the Aegean, was under the
ascendency of the Hittites, of their arms and culture. It is possible that many of their tribes were swept away,
amidst the stir of populations and the bloody strifes consequent upon it; but some, we cannot say when, found
shelter in the narrow strip of land that goes by their name, amidst the depths of lofty mountains" where they
could be easily isolated, and where they peacefully dwelt for centuries ; whilst it is not unlikely that in the present
occupiers of the soil we have their descendants. Most travellers who have visited the country think they
recognize the sons of the ancient owners of the soil in the inhabitants of the upper valleys of Lycia, and that they
are Turks only in name. 2 They base their opinion upon the nobility of types of the population, their dress, and the
persistency of certain usages which bear the stamp of remote antiquity. They were converted to Islamisrn
towards the end of the Middle Ages, so as to retain possession of their homesteads, precisely as many Greeks
have done, whether in Pontus, Crete, Bosnia, or Albania, But none the less, the blood that flows in their veins,
according to these same authorities, is not different from that which pulsated in those of the companions of
Glaucus and Sarpedon. Invaders, as a rule, show no great predilection to establish themselves among the hills;
for, besides being already occupied, they have very few attractions to newcomers, who would not feel safe
among them, and would, moreover, find life exceedingly hard. Hence it is that the populations of mountain

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regions neither change nor are renewed with the same facility as on the tableland and the plains."

log cabin.jpg
DROPBOX 9 MONTHS AGO

As a direct inheritor of these bloodlines and archaic traditions, we return to our lead character. We arrived one
day at the meadow pictured in the photo, all on our separate paths; Mehmet was game tracking along the river,
the shepherd woman had arrived with her flock, I was picking up some timbers. He first came to this place, along
with father, uncles, brothers and siblings and livestock, sometime in the early 1940s, drifting up along the river
valley in search of new pastures. At the very topmost headwaters of one of the streams which run out of the
Taurus mountain chain into the Aegean Sea, this is one of the last refuges of the native black pine which tower
over their rocky surroundings in silent majesty. Here and there amongst the rocks one finds pockets of level
topsoil deep enough to plow and plant. This place is one of them. Tiny terraced plots running down to the river
buttressed by stone and watered by springs throughout summers dry season plowed with a single four-legged
assistant and planted with corn and beans, barley and clover were laboriously recreated in a wilderness
abandoned long ages before, while small log cabins identical to those built by pioneering European immigrants in
the new world were made by axe and saw.

Cows, sheep and goats provided milk yogurt, butter and cheese, meat and wool for carpets and clothing, hides
for leather barley and corn were ground for making flat bread, beehives kept for honey, and candles in a country
with neither roads nor electricity. All this at a time when the rest of the country was moving into the modern age
with asphalt highways, mass transit and electrical grids, leaving subsistence economies behind for the wagebased world of consumer production. Since earliest days of my youth Ive had a fascination for those places
where the imagination has met untrammeled nature in temporary harmony. Landscapes where the application of
persistent effort has brought off a delicate subsistence out of slender resources, only to later slide back into
wilderness. Growing up in North America I saw plenty of traces where such settlers dreams had brought forth
plentythen fast faded again into obscurity as the next generation abandoned this life on the margins for places
more blessed with the securities and conveniences of modern life. This was the first time Ive had the chance to
sit down and talk with one who lived first hand such a life!
At 77 years of age, Mehmet Ama strides ahead on trails that leave me gasping for breath. Half a hundred
grandchildren & great grandchildren live scattered amongst the towns down below us, in houses with the
conveniences of the modern life. Here remain the first ones he built, of timber and stone slowly declining into
ruins after years of disuse. The parents are truck drivers, forestry workers, municipal employees and small scale
tobacco growers and livestock producers only a couple are still actively involved in the herding lifestyle by
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which all of this was created. Few even come to visit Mehmet in the summer months when he returns here to the
now almost abandoned highland pastures. Since his wife died last year, he is alone with his memories, but still
vital and full of energy planting out his beans, stalking deer or wild goat, the very essence of what one might
hope to be in their golden years. When I look out at what he created, starting from virtually nothing, I see
evidence of an archaic system which has much greater relevance to our perilous present and future than most
would credit.

Plows of Caria.jpg
DROPBOX 9 MONTHS AGO

Plows of Ancient Caria/Lycia

No banks, debts, currencies or wage savings were a part of this incredible increase of capital stock the
ingredients of hard work, imagination, and faith in ones own vision were the means employed to effect an intergenerational transfer of wealth which will be left to descendants who can hardly conceive of what effort went
into it. As they fully integrate into the modern world of consumerism which induces inevitable dependence upon
the debt/credit/banking system by which the moneypower divests the earned wealth of previous generations
from its poorly informed inheritors, there is every chance that they will indeed squander the very capital which
was built up over so many years for their benefit. Thatis capitalism in action the sequestering of social wealth
of the many into the hands of the few. It is the very antithesis of the free enterprising self reliance which springs
forth from the world of independent people who harvest the bounty of nature.

What appears at first to the inattentive eye to be values prevalent in or even exclusive to the western world hard
work, self reliance, the slow but steady building up from the slenderest resources takes on, at closer inspection,
the expression of a human heritage common to peoples of different cultures, races, geographies, in a way that
belies the gratuitous errors and prejudices of even someone as informed as our Martin Armstrong who can be
found penning the following howler this past week .

"The U.S. sees an inflow of Mexicans who are hard workers, Christian, and family oriented. Europe is faced with
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immigrates from mostly the Arab regions, introducing different cultures and religions that do not mix well with
the indigenous population of Europe. Everyone wanted to go to the big city to be a part of it, if we are talking
about Rome, London in the Victorian Age, or New York City today. This led to mixed marriages, and many say the
Latin race is being watered down, as in Roman times. This is true also in modern times."

If such truly absurd characterizations can be allowed to past muster as expert opinion in even the most
sophisticated of occidental settings, it speak volumes about the pressing need for bridge building of the kind
being undertaken on these pages. Whats most pathetic about such misrepresentations is that he cant even get
his terms of description straight the immigrants from the Islamic world pouring into the former colonial home
countries are no more arabs than they are Eskimos that they may share a common religion does not in any
way mean that a Turk, Libyan, Iraqi or Syrian is an arab, any more that an immigrant from Mexico is in any way
more than nominally a Christian or in some manner more of a family-oriented person. let alone harder
worker!

As for Islam and work ethics, its pretty hard to keep a straight face when reading Armstrong's howlers after
getting to know a little about Mehmets life. Its in no way coincidental that Armstrong represents one of the main
currents of contemporary thought on capitalism- and its useful to see how flawed the reasoning is behind so
many of his interpretations through examples like this one! One of the latest of these faux pas is his effort to paint
Hammurabi's price tables of Babylonian times as early evidence for trading in derivatives.
"Babylonian records clearly demonstrate that derivatives in the form of futures contracts date back to the earliest
recorded records in history. Hammurabi Legal Code 1780 BC provides an early account of an attempt to control
the business cycle, for what you see contained therein are price and wage controls. This is evidence that they had
business cycle swings and to solve the problem they invented contracts where people would buy or sell, requiring
a witness to secure the transaction. We find prices defined in terms of grain and silver, further illustrating the first
attempt to monetize barter... Hammurabis code sought to control the business cycle, establish wages, and price
controls."
However, more informed researcher such as Fritz Heichelheim posit that "price lists such as Hammurabi's have
been misinterpreted as price controls when they are really official exchange rates of various commodities when
used as money. This meant that borrowers, depending on their harvest to repay loans, wouldn't be harmed by
seasonal market supply and demand forces, as the increased supply from their harvest tended to push market
prices lower Thus the effect of monetizing these commodities was to set minimum floor prices for them, when
used to repay loans. " Zarenda - The Lost Science of Money
In his haste to put the blame for all things economically dysfunctional onto government, and excuse the
financialist, Armstrong continually rewrites history to suit his narrative. Since so very few are equipped to call him
on these errors, he is emboldened to go on with them inventing the myth of himself as an historian in addition
to that of trader extraordinaire!

Its nighttime, and Mehmet has gone into his sleeping quarters to retrieve what he promises to be a musical
instrument. When he returns to the fireplace where we sit, he has in his hands a gourd a squash with strings, just
like a violin, complete with the bow to place on them. From this outlandish device he proceeds to evoke the
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sweetest sounds records of the past in musical form to some of which he sings in harmony in tunes of
timeless origin. Sitting there, in the dark, listening to the performance of this backwoods anachronism I realize
that I am witness to the purest definition of culture that can be constructed. Completely outside of the consumer
world where one buys ones cultural goods and services with money this is the world where one creates not
just the music, but the instrument, not just the food, but the tools to produce it, not just the family but the love
and fortitude to nourish it this is Culture not the imitation which we receive in its stead in these times!

rock house.jpg
DROPBOX 9 MONTHS AGO

In the end, it was through the absence of both state and financier that Mehmet and family were able to advance
themselves via their own resources from the slender beginnings of some sheep and goats, a hammer and saw,
to the collection of trucks, tractors, houses and deeded lands which they own today. I suspect that the people of
ancient Lycia also managed to raise themselves to their high level of civilization and material comfort also
without the assistance of those two outside forces the necessity for which has been greatly over-estimated by
the traditional orthodox viewpoint of history. That his early circumstances would have been seen as emblemizing
extreme poverty from the point of view of the western observer - there can be no doubt but when I look at
the contrast between the life he has led bereft of creature comforts and consumables yet rich in family and the
simple satisfactions of accomplishment, I have to question the yardsticks by which the terms rich and poor are
commonly employed. At what point does poverty simply become the absence of wants rather than the
incapacity to satisfy needs?
Apologists for orthodoxy still make the case for seeing the poor as victims of the lack of credit or lack of
government aid, yet the simple fact is that this inverts the probable relationship between people and institutions.
"Poverty is not the result of rapacious exploiting the poor It has much more to do with the lack of financial
institutions with the absence of banks, not their presence. Only when borrowers have access to convenient credit
networks can they escape from the clutches of loan sharks, and only when savers can deposit their money in
reliable banks can it be channeled from the idle rich to the industrious." Niall Ferguson, The Ascent of Money,
published in 2009. Such are the musings of those who live far from the world they ponitifcate upon! Where
debt/usury/interest systems and government interventions limit the self-reliance of persons who would
otherwise be independent of both, the capacity for self improvement seems to be lessened.

Returning once again to the experience of my own life, I can honestly claim to have proven first hand that in
truth, lack of access to capital is never an insurmountable obstacle to success. Like many an entrepreneur, I had
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multiple experiences of starting and failing in enterprises of having to start from scratch after getting wiped out.
In these instances, it was only by dint of sustained hard work and scraping together enough to start again that I
was able to return to business. Building something from nothing is a psychological effort lack of credit or
capital nothing more than an excuse to quit. Those of us who have discovered the truth of that know that one is
impeded but by their imagination. The small vignette of one mans life in this far off part of Anatolia is a
demonstration of its universal applicability. On the margins of modernity, on the edges of civilization one can find
evidence to refute the myths of progress, the myths of capital, and the myths of capitalism it is here on the
margins where life continues in its full potential to offer the willing and able an opportunity to chart their own
course without need for the hidden hands of finance or state. Capital in the realest sense is the capacity in each
of us to see in every situation the opportunity to make the most of our given abilities via the resources ready to
hand. Confusion over the definition of this term and its bastard offspring is unnecessary, given what life reveals
to the sincere seeker.

It is the role of the psychopomp(from the Greek words pompos (conductor or guide) and psyche (breath, life,
soul, or mind)to guide, souls to the afterlife, or alternatively also serve as guide through the various transitions of
life. If there will be an afterlife to this dying western society it will be somewhere both physically and psychically
outside the bounds of its situation in the world. Therefore, those few who seek to find themselves alive to what
comes next for humankind those few willing to be part of the flotsam and jetsam of an inevitable period in
which the debris from that wreckage is in flux and transition towards something entirely new will have
previously equipped themselves with an understanding of not just what went wrong but also, who was
responsible. These soul survivors will have looked closely not just at the wreckage which confronts them
without, but also carefully taken stock of the debris within so as to be sure of what needs be jettisoned from
their conditioned consciousness in order to make way for the faculties of mind which this new world will require
of them.

Lycian ancient wooden house.jpg

DROPBOX 9 MONTHS AGO

Ancient Lycian wood timber house

And so we reach the end of this three part series on the nature of capital. If it has been successful as an exercise,
it will have brought to mind in the readers imagination a realization that outside of the narrow boundaries of our
current timeline and standard knowledge base there are and have been ways of living which defy the orthodoxies

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of economics and political science. That beyond the artificial choices of left/right, market/state, selfishness/selfsacrifice lies the wide open dimension of real life as lived by people unburdened by demons of debt or
acquisitiveness, thus free to create and enjoy a culture of their own choosing. Some of these ways have proven
still-born defeated and forgotten before they could prove themselves, others have disappeared except in our
imaginations or the half forgotten records of far away places. Yet each of these small examples collectively add
up to the demonstrations of the capacity and the will of people to exist at the margins of what is deemed
possible by those of lesser vision.
It will be clear to the reader also that this writer has little regard for neither the systems in place of the moment,
or their proposed alternatives. This is neither cynicism nor hopeless nihilism rather, the result of placing oneself
in the position of having to prove out some of ones ideas in real live, and then just doing it! That this is no longer
possible to achieve within the confines of what I call the Gulag of the Western World is axiomatic for me. Thats
why I no longer live in a place where resistance is useless, because clear thinking has been rendered impossible.
Others may feel this to be an overstatement, or distortion of the truth. I lack any desire to argue the point,
because its relevance to me is no longer applicable. Seeing no possibility of there being any measures that would
restore the western world to a measure of balance, of sanity, I have chosen to simply adapt to its inevitable
disappearance, and prepare for whatever is to come next.

At 77 years of age, Mehmet Ama strides ahead on trails that leave me gasping for breath. Half a hundred great
grandchildren live scattered amongst the towns down below us, occupying houses with the conveniences of the
modern life which he built, along with his sons, of timber and stone.Their parents are truck drivers, forestry
workers, municipal employees and small scale farmers only a couple are still actively involved in the stock
herding lifestyle by which all of this was created. Few wish to even come to visit Mehmet in the summer months
when he comes back up here to the now almost abandoned highland pastures. Since his wife died last year, he is
alone with his memories, but still vital and full of energy planting out his beans, stalking deer or wild goat, the
very essence of what one might hope to be in their golden years. When I look out at what he created, starting
from virtually nothing, I see evidence of an archaic system which has much greater relevance to our perilous
present and future than most would credit.

kaya ev.jpg
DROPBOX 9 MONTHS AGO

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Thus, the core argument of this series is not to be found in the quibbling over what means are to be employed for
a rebalancing of society, what measures must be taken to retrieve the occidental economies from their perilous
state, or even what devices should be sought by individuals seeking to protect themselves from the inevitable
consequence of this systemic pursuit of the irrational. Instead of such advocacy, the desire driving me to examine
the myth of capital is to simply provide an epitaph by which this doomed occidental civilization can be properly
understood in retrospect. A reprise, in other words, of a civilization and its discontents not to cure, but to
properly bury so as to create the conditions for moving on. Join me, if you choose, as I carry on with the
journey, through time out of mind, in pursuit of what comes next, and what has gone before.
Whence things have their origin,
Thence also their destruction happens,
According to necessity;
For they give to each other justice and recompense
For their injustice
In conformity with the ordinance of Time.
The only surviving fragment of Anaximander's writing as translated by Simplicius
READERS NOTE: NOW released in draft form!- a close up examination of the role of Anaximander the
Anatolian[not Greek!] philosopher who fashioned the very first elements of what we now call "western
philosophy" Back to 'Beginnings'- Anaximander and the roots of "The Western Tradition" - Chapter Two of
"BARBAROUS RELIQUARY - A GUIDE FOR THE PERPLEXED!

Back to 'Beginnings'- Anaximander and the roots of "The Western

Tradition"
BARBAROUS RELIQUARY: Chapter Two [Draft]

BEL SUAVE

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