Tagcorporations

Panama has no central bank

I find this remarkably interesting, hence why I am posting it here for your lovely, little eyes to peruse:

In this modern, post–Bretton Woods world of “monetary order” and coordinated central-bank inflation, many who are otherwise sympathetic to the arguments against central banks believe that the elimination of central banking is an unattainable, utopian dream.

For a real-world example of how a system of market-chosen monetary policy would work in the absence of a central bank, one need not look to the past; the example exists in present-day Central America, in the Republic of Panama, a country that has lived without a central bank since its independence, with a very successful and stable macroeconomic environment.

The absence of a central bank in Panama has created a completely market-driven money supply. Panama’s market has also chosen the US dollar as its de facto currency. The country must buy or obtain their dollars by producing or exporting real goods or services; it cannot create money out of thin air. In this way, at least, the system is similar to the old gold standard. Annual inflation in the past 20 years has averaged 1% and there have been years with price deflation, as well: 1986, 1989, and 2003.

Panamanian inflation is usually between 1 and 3 points lower than US inflation; it is caused mostly by the Federal Reserve’s effect on world prices. This market-driven system has created an extremely stable macroeconomic environment. Panama is the only country in Latin America that has not experienced a financial collapse or a currency crisis since its independence.

cont. via the Ludwig von Mises Institute

This comes right after me acquainting myself with Larry Hannigan’s document, “How the money system really works,” a good parable on how the banks create credit to lend out of, essentially, nothing.

Now that’s some Wal-Mart effect!

Michael Barbaro breaks down the various advantages, issues, and resistances to the great Compact Fluorescent light bulb conversion, with attention to the might that Wal-Mart is bringing to the table.

Light-bulb manufacturers, who sell millions of incandescent lights at Wal-Mart, immediately expressed reservations. In a December 2005 meeting with executives from General Electric, Wal-Mart’s largest bulb supplier, ‘the message from G.E. was, ?Don’t go too fast. We have all these plants that produce traditional bulbs,’ ‘ said one person involved with the issue, who spoke on condition of anonymity because of an agreement not to speak publicly about the negotiations.

The response from the Wal-Mart buyer was blunt, this person said. ‘We are going there,’ the buyer said. ‘You decide if you are coming with us.’

Now that’s some Wal-Mart Effect. [Link]

Just to follow up… If you read the Times’ piece last week and can’t get enough of this Compact Fluorescent chit-chat, prepare to return back down to earth with yesterday’s more sobering assessment from William Hamilton:

When I found out last week that Wal-Mart, America’s biggest company, was putting a push on compact fluorescent light bulbs, hoping to make them a new lighting standard at home because they use 75 percent less energy, last 10 times longer and would save me $30 over the life of each bulb, I thought to myself, what’s not to like?

Well, fluorescent light’s not to like, many people might say.

[Read more here.]

via the Core77 Monday Morning Must Read newsletter

The corporate tree of life: VALS

vals system diagram

No, not VALIS. VALS. It used to stand for “Values and Lifestyle System,” but it no longer stands for anything. It’s the primary market segmentation system for market researchers.

More info: Introduction to VALS.

(see also: An Introduction to Spiral Dynamics).

Corporate demonology

Last night I was out for drinks with Danny Choaflux, Trevor Blake, and Crawford, and we got on the subject of Richard Metzger’s corporate cash grabs.

Metzger’s well known for having bamboozled TCI into funding the site’s creation. Once they saw the actual product, they dropped it and gave him the rights to the site. Then he and Gary Baddeley sold the site to RazorFish, who later gave it back to them after the dot-com bubble burst. Then he was able to get the sci-fi channel to pay for the Disinfo TV show, and keep the rights after they decided not to air it.

I drew the comparison to demonology… Metzger was essentially working with assorted demons and imps and other malevolent actors to manifest his will. I’m not talking so much about the more remote corporate magical tactics people like Chris Arkenberg and Wes Unruh have been working on. Instead, Metzger has worked directly with these forces through their flesh and blood representatives, sleazy businessmen with bad intentions. And so far gotten what he wanted out of them.

Or has he?

(I decided to go through and tag all my corporate magic related posts for easier reference… I found some stuff I’d nearly forgotten about).

Philip K. Nixon and the release of the Downing Street Memo

The New York Times has announced they will publish the Downing Street Memo. Wes wonders on his blog whether his Philip K. Nixon work had any influence on this decision. You can read about Wes’s Drowning Street Memo album here.

Along with Chris Arkenburg, Wes is emerging as a leader in the realm of using magic to assault authority. It was his early research on the subject that lead me to invite him to guest blog at Technoccult, and he ended up posting a long article on the subject here.

CEOs use magick

I’m trying to catch up on some links… this one made rounds a week or two ago, but in case you haven’t read it:

Self-employed professionals, small business owners and executives in major, publicly listed companies are among those joining an expanding network of “covens” organised by businesswoman and self-described witch, Stacey Demarco.

I really should use magic more deliberately at work myself.

Hakim Bey, Corporate Magick, and Random Thoughts

Wes’ Corporate Magick expose and anti-copyright advocacy reminds me a lot of Hakim Bey and his many works. One of which – Temporary Autonomous Zone – Klint links to.

Speaking of magick, Mindwarp, lets his brief thoughts on Hellboy turn into a nice rant on Gary Lachman’s Turn Off Your Mind – a book which examines many aspects of occult culture and apparently lists Aleister Crowley as merely a “moral lesson.”

magical assault on corporations (Version 2.35)

This article began in response to Jason Louv’s call for submissions for the coming book “Generation Hex.” However, the current political climate, and the absurdity of writing an anti-corporate monogram for publication by a corporation, forced me to rethink submitting this work for publication. Instead, this piece needs to be preserved in its degrading, uncopyrighted, all rites reversed form. Eris said so.

Despite their non-corporeality, corporations are able to display a wide range of behaviors in a conceptual framework of legal reality. Disconnected from the material plane, except in the way their influence is manifested, these entities grow, absorb each other, competing, altering their identities, renaming themselves, creating and losing capital, sway political parties, own and oversee property, pay taxes, sue, and be sued. Yet because of the nature of their existence, they cannot be imprisoned, physically coerced, or killed. Immortal legally, corporations as they are currently, are something of an egregore brought into being through the collective vision of the founders, an egregore that manifests through the collective will of the governing body and given qi, given energy through the financial investment of its stockholders. The political activist, when confronted with such an insular system, is forced to either buy enough stock in a corporation to create a voice in its decisions, something most individuals are not equipped financially to do, or to petition the courts and their congressional members to modify the laws regarding that corporation’s actions. The magical activist, however, has an entirely different perpective from which to work. And for a magical activist, those very attributes that make physical protest ineffectual to corporate growth are routes through which sympathetic associations can be formed.

In today’s world, a corporation hides behind its logos, holdings, and subsidiaries. The franchising, outsourcing, and reselling of products further removes the consumer from the corporation, all of these abstractions that proceed from the corporate egregore’s will through media. Thus constructing magical links through a corporate logo becomes highly ineffective if the intent of the ritual is to harm the corporation. The logos are the corporation’s magical tools, each additional logo brought into existence thus feeds the corporation’s overall energy base. What is needed is a magical link not generated from the egregore, but through which the egregore had been created.. it’s true name, a sigil constructed from cut-ups of its articles of incorporation, or an astrological chart based on its moment on incorporation. Fortunately for the magical activist, all of these bits of information are freely available to anyone with a web browser, (the internet being the grand grimoire of our generation.)

Determining that an egregore is both the holy guardian angel/superego and the shadow/id, of a groupmind, I started out on this project with a vague idea that corporations could be manipulated through a demonological perspective, a kind of pseudo-goetia for the stock market. A serious re-evaluation of the ritual presented in that and other grimoires is certainly in order, but the premise is the same. Working with corporate egregores with the intent to subvert and/or otherwise disperse that manifestation is toxic magic, and certain steps are important in such work to protect the worker. Egregores such as these that are purely profit-driven are a kind of energy vampire, existing through the energy put forth both by those that work within the corporation, its investors, and its consumer base. If called into a hostile environment into a spiritual presence, it would not hesitate to drain an attuned magician of all available energy as well, for that is in its nature.

This raises the issue of attunement. Upon approaching this issue, I was confronted by the same problem as using the corporate logo. Both invocation and evocation involve the magician psychicly attuning to the entity to provide a conduit for manifestation, effectively feeding the entity gnosis. While this is important in the psychiatric deconstructionist view of demonic entities being gradiations of shadowy unconscious energies one is calling up and mastering by way of the superego, it does little good when the intention is lessening the influence of an entity.

What is needed then is a convocation, a calling of the entities in question to conference. Convocation allows a magician to interact with spiritual entities without manifesting that entity. But before the calling out can occur, the ritual space for the entity to be confined must be created. It is here that the ‘narrowing of focus’ trully begins. The more baroque temple would probably sport ritual space for the magician and a space for the egregore delineated with chalk or paint, sand or ink. The more ornate, the more baroque, the more prcise, the stronger the psychic focus becomes. As this focus intensifies, the circle itself begins to produce a void, an energy vortex unspecific in its attraction.

A short overview of grimoires and mandalic art reveals some standard forms magical circles can take. There should be at least one circle for the egregore’s sigil to be placed at the point of convocation, and it is this circle which should be done last, should a second circle for the magician also be desired. This circle in summoning a demonic form would traditionally be ringed by three lines of holy and divine names, boundaries between the sigilic space in the center and the exterior or physical world. This is fine fore working within a religious paradigm, but corporations do not necessarily fear the same deities that a traditional demon would fear. Rather, I would suggest ringing such a circle with the names of the markets, NASDAQ, AMEX, or NYSE.. in the US, the SEC is the closest to a governing entity a corporate entity could fear, and an evocation of the SEC in such a ritual might also prove effacious. Franz Bardon’s magical writings suggest alternate routes through which to prepare the magic circle.

How, then, does one design a sigil by which to conjure? Sigils are a matter of taste and preference. Talismantic imagery can be mapped out on enochian tables using the stock symbol abreviations, transliterations of the corporation’s name into Hebrew, or bindrunes of some sort, or through an astrologically derived geometric nest of lines.. “Pseudo-goetic sigils by Phil Legard” was what I consulted in creating sigils for Halliburton(HAL), ConocoPhilips(COP.N), Boeing Aerospace(BA), and General Electric(GE). Upon completion of the boundry and the edges of the magic circle, the inner portion is then designed, culminating in the sigil’s presentation. The introduction of the sigil occurs not at the begining of the ritual, but at its midpoint. Finally, the circle and the sigil is ritually deconstructed, representing a release of the energy the entity has until now kept contained within itself. From this point on, energy must be allowed to slowly drain and defuse from the circle, a process that introduces entropy into the egregore. This ritual ends when there is no trace of the circle or the sigil, and the worker or workers have removed all trace of the corporate egregore’s energy from the ritual environment.

In simpler terms, what is being performed is the charging and creation of energy traps for these egregore forms – energy is fed primarily into the circle in which the sigil is placed. Remember, the sole intent of these rituals is to degrade and undervalue the stock price. Keeping this foremost in mind insures success in the operations. What I’ve discovered in working with devaluation is that the operation should be returned to multiple times – there’s a great deal of inertia. I performed two operations with the HAL sigil, one around Dec 25th or 26th, the second on March 9th, and in both cases the stock did seem to adjust itself after an initial drop. However, there was a drop. And, even more important, the more people work within this paradigm, the more effective these magical assaults will eventually become…

(K) 2004 ‘All Rites Reversed’
if you read this, you must make a copy of it and give it to someone else to read.

Related Linkage

previous posts

Corporate magick

Zen Werewolf has a post compiling some techniques for hexing corporations (are you working on this for the Disinfo book, Zen?). Personally, I think trying to do some work with bargaining with the egregores might be more effective. They’re powerful.

Note: the original version is now gone, but here’s Wes’s updated version.

Corporations and the Global Village

Here’s a review of a book by Jeremiah J. Sullivan. Sullivan suggests that corporations will need to undergo massive change in order to survive during coming years:

Sullivan has sophisticated strategies for multinationals to survive in this new environment, but they all boil down to his belief that the homo economicus model is inadequate and culture bound, that trust is essential to a thriving economy, and that trust can only exist in a climate of virtue: “A different ethics is needed, and a return to virtue is in order.” He discusses corruption as an issue, but this book was written before Enron and other corporate scandals showed how corrupt major American firms were.

World Future Society: Corporations and the Global Village

See also: Chaordic Commons

(via Abuddha’s Memes)

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