THE RISE OF RIGHTWING NATIONALISM IN THE WEST AND THE ANSWERS TO BE FOUND

Are Brits going to blame Russia for Boris Johnson too 😁

The West has to confront it's own 'demons', right wing nationalism is in full sway. In the past, it would have meant war for those parts of the world with the resources, which cheap exploitation laid and powered modern western economies.

The emergence of the stronger OPEC oil price syndicating cartel and the complexity of modern warfare for resources, logically meant a doubling down on the internal market economy. So we saw the creation of the EU, and the free trade agreements in North America.

The problem with that is, capitalism as is currently practiced, is basically a system that circulates printed money from the government through banks to businesses and families in the form of debt, in what they term "fractional reserve banking".

The problem with debt for small businesses and families and individuals is, it makes it difficult; for say college graduates in the US to more patiently start their own businesses, or search for jobs they’ll find more meaningful, or easily quit jobs that don’t pay fair wages, because of things like college tuition debt and mortgages. Or for small businesses in Europe, to not always keep an eye out for the bottom line when hiring labour; and so will gladly hire desperate migrant labour for cheap or automate away human labour where it can, leading to job losses for a workforce already 'imprisoned' by the system of debt: debt which keeps getting more expensive, partly because the things it pays for, are no longer as cheaply acquired from other parts of the world through wars and the colonial systems.

Wars in the Middle East for oil for instance, opened the floodgates for highly educated migrants from places like Syria to seek refuge in Western Europe. Now add to that the African migrants who are coming in and who'll take any job for practically any wage, because Western European countries led by France decided to wage a war against Libya. Thanks to Julian Assange and his wikileaks news outlet, we now know it was a war meant to prevent Gaddafi from financing a single currency for the French speaking African countries with the tons of Gold he had been pilling up, which would have significantly hurt France's control over their economies, by displacing France which currently plays the role of a Central Bank for all French speaking West African countries for instance, and thus dictates monitory policy.

Nevertheless, all West African countries are edging towards a single currency by 2020; the African Union has gotten the signatures required from member states to form what should be the biggest free trade zone in human history; Russia and China are making western control of global oil resources even harder like we see in Venezuela and Syria; China is competing for African natural resources with capital not political manipulation and people just seem to prefer money 😁.

But the average Westerner does not necessarily appreciate the consequence of what it means for his country and its allies to be losing hegemonic control. All he knows is, he works hard but life seems to get harder, and robots, and migrants from Eastern members of the EU, plus African and Arabian migrants, plus China, are taking away the jobs of his neighbours and friends.

He does not understand that, the time has come for the very nature of his economic system to be reexamined: Debt driven money circulation coupled with neocolonialist resource control has worked well, particularly well for the last two centuries but it has run its course.

The danger posed to the world at large, with the rise of these rightwing nationalists in political power, continues to reflect the old thinking of debt and guns. That will mean more pain for resource rich countries with smaller guns if progressives in the West do not stem the tide. We have seen North Korea build its nuclear arsenal, Iran will be naive to not have a defensive mechanism of its own, seeing how its neighbours have turned out; Venezuela and countries like it will continue to align themselves with powerful undemocratic regimes like China and we know what that would mean for human rights and political freedoms.

We can solve this fundamentally economic problem by investing in nuclear fusion research, thorium reactors, exploration of space mining for resources and the basic system of redistribution of capital, together as a human race.

Presently, some have strongly proposed the Universal Basic Income, towards the redistribution of wealth and a slowing down of the debt control over labour; 6 years ago in my book "Daring to Believe", I proposed the idea of a universal venture capital, to bring about a fairer access to the opportunity for anyone to acquire capital, without hurting the incentive for work, innovation and freedom of choice in a market economy; towards a redistribution of wealth without the outright robbery of the rich for the poor that leftwing nationalists and communist ideologies propose.

The challenges which face the world today can be fixed with sound thinking, beginning with political leaders and thought leaders, looking to new ideas and acting with sound reason and courage. There’s always a better way, if we look hard enough and there’s always the convenient way, if we look hardly enough.