Organizations

218 quotes found

"Although Masonry is often denounced as either a political or religious "conspiracy", Freemasons are forbidden to discuss either politics or religion within the lodge. Gary Dryfoos of the Massachusetts Institute of technology, who maintains the best Masonic site on the web, always stresses these points and also offers personal testimony that after many years as a Mason, including high ranks, he has not yet been asked to engage in pagan or Satanic rituals or plot for any reason for or against any political party. The more rabid anti-Masons, of course, dismiss such testimony as flat lies. The enemies of Masonry, who are usually Roman Catholics or Fundamentalist Protestants, insist that the rites of the order contain "pagan" elements, e.g., the Yule festival, the Spring Solstice festival, the dead-and-resurrected martyr (Jesus, allegedly historical, to Christians; Hiram, admittedly allegorical, to Masons). All these and many other elements in Christianity and Masonry have a long prehistory in paganism, as documented in the 12 volumes of Sir James George Frazer's Golden Bough. The major offense of Masonry to orthodox churches is that it, like our First Amendment, encourages equal tolerance for all religions, and this tends, somewhat, to lessen dogmatic allegiance to any one religion. Those who insist you must accept their dogma fervently and renounce all others as devilish errors, correctly see this Masonic tendency as inimitable [sic] — to their faith."

- Freemasonry

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"Another factor that should be regarded as more favorable stems from the increasingly obvious conflicts between the public interests (which are of real benefit to the peoples) of the wealthy nations and the private interests of their great international corporations. The overall cost (military, economic, social and political) of operating through multinational enterprises exceeds their contribution to the central economies and becomes increasingly burdensome to the taxpayer. We should also take into consideration the plundering of these international cartels, and their powerful corruptive influence on public institutions in rich and poor countries alike. The peoples affected oppose such exploitation and demand that the government concerned cease giving over part of their foreign economic policy to private enterprises that arrogate to themselves the role of agents promoting the progress of the poorer countries and that have become a supranational force which is threatening to get completely out of control. This undeniable fact has profound implications for the proceedings of the present Conference. There is a serious risk that, even if satisfactory agreement is reached by the representatives of sovereign states, the measures upon which we agree may produce no real effects, inasmuch as these companies handle de facto the practical application of the agreements in silence and conforming to their own interests."

- Multinational corporation

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"If we are to grasp the dynamics of this unforecasted storm, we have to move beyond the familiar cognitive frame of macroeconomics that we inherited from the early twentieth century. Forged in the wake of World War I and World War II, the macroeconomic perspective on international economics is organized around nation-states, national productive systems and the trade imbalances they generate. It is a view of the economy that will forever be identified with John Maynard Keynes. Predictably, the onset of the crisis in 2008 evoked memories of the 1930s and triggered calls for a return to “the master.” And Keynesian economics is, indeed, indispensable for grasping the dynamics of collapsing consumption and investment, the surge in unemployment and the options for monetary and fiscal policy after 2009. But when it comes to analyzing the onset of financial crises in an age of deep globalization, the standard macroeconomic approach has its limits. In discussions of international trade it is now commonly accepted that it is no longer national economies that matter. What drives global trade are not the relationships between national economies but multinational corporations coordinating far-flung “value chains.” The same is true for the global business of money. To understand the tensions within the global financial system that exploded in 2008 we have to move beyond Keynesian macroeconomics and its familiar apparatus of national economic statistics. As Hyun Song Shin, chief economist at the Bank for International Settlements and one of the foremost thinkers of the new breed of “macrofinance,” has put it, we need to analyze the global economy not in terms of an “island model” of international economic interaction—national economy to national economy—but through the “interlocking matrix” of corporate balance sheets—bank to bank. As both the global financial crisis of 2007–2009 and the crisis in the eurozone after 2010 would demonstrate, government deficits and current account imbalances are poor predictors of the force and speed with which modern financial crises can strike. This can be grasped only if we focus on the shocking adjustments that can take place within this interlocking matrix of financial accounts. For all the pressure that classic “macroeconomic imbalances”—in budgets and trade—can exert, a modern global bank run moves far more money far more abruptly."

- Multinational corporation

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