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Old 12-05-2012, 02:56 AM
Danny B Danny B is offline
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British feudalism and Anglo-Saxon political economy

This is Bischoff commenting on an article by Bill Bonner at the Daily Bell.
The Daily Bell - How Government 'Works'

BONNER: "Adam Smith thought the arm attached to the "invisible hand" was the arm of God.

BISCHOFF: Adam Smith was correct, if you equate "natural law" with "God" and you define "natural law" as that which works as brought about by nature.

BONNER: "... kings had a special role to play, that they were appointed... and anointed, by God (through his ministers in the church of St. Peter)... to rule."

BISCHOFF: Bill's explanation requires a broader perspective. Once humanoids passed the hunting and gathering stage of economic existence, and humans achieved surpluses through animal husbandry and agriculture by requiring other humans to expend energy in the process of those activities as an alternative to becoming food for the other humans, then the requirement for government arose.

Government must be looked upon as a necessity to require the check of detrimental human instincts for the survival of the species. On the other hand, government has been an instrument of force exercised by some humans to benefit from the "labor" of other humans, i.e. a force to protect the indulgence in detrimental human instincts which is the purpose of government to prevent. It was not until the time of the "Enlightenment" that this became clear to people at large. Much of the thinking of the scholars of the Enlightenment was based on thinking evolved from the Mesopotamian civilization, through Greece and Rome, through the Protestant Reformation until the implementation of the enlightenment thinking found its expression in the original U.S. Constitution.

Political economy is society organized to make possible the survival and procreation of families and other groups. The first well developed political economic system was "Slavery". It placed the primary emphasis on "Labor" as one of the three factors of production. This system found its end with the demise of Rome.

The Church of Rome (Church of St. Peter) inherited what was left of the Roman Empire. To teach the doctrine of Jesus Christ, it made common cause with regional rulers by sanctioning the "divine right of rulers" to govern over certain lands. This put the rulers in the position of having to provide for the physical survival of the population, but also using them as serfs to extract labor, while the Church of Rome reserved the right to look after the "spiritual" wellbeing of the population. With this arrangement of the Church of Rome and the rulers over lands on the European Continent, "Feudalism" as a political economic system was born by making "Land" the primary factor of production.

With the Angles, Saxons, Friesens and Jutes fleeing feudalism on the Continent for the English Isles, the political economy set up by the Anglo-Saxons in England was the complete opposite of the feudal system. This system was seriously damaged by the invasion of the Normans and the victory at the Battle of Hastings in 1066.

The original American settlers are descendants of the Anglo-Saxons. The settlers of the Southern colonies are largely stock of impoverished British aristocracy which came to North America via the West Indies. They tried to import Englishmen as indentured servants to propagate feudalism in the New World. When this failed, their agents in England hit on the idea of "black slavery".

Thus, the battle between British feudalism and Anglo-Saxon political economy was transferred to the North American colonies. This time the Anglo-Saxons won at the Battle of Yorktown.

The U.S. Constitution by divine providence is a document which enshrines Anglo-Saxon political economy. However, this does not mean that the battle between the feudal thinking of a part of our society and the attempt to apply the Anglo-Saxon principles enshrine in the U.S. Constitution isn't as fierce as it was a thousand years ago. "
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