Concentrated Power and Consequences

Concentrated Power and Consequences – Clive Menzies
7pm to 9pm on Tuesday 28th October 2014
The Venue, (floor -2 in the basement) LSE Student Union
Saw Swee Hock Student Centre, 1 Sheffield Street, WC2A 2AP
Political economy was the original term used for studying production and trade, and their relations with law, custom, and government, as well as with the distribution of national income and wealth. Political economy originated in moral philosophy. – Wikipedia

Critical Thinking is a collaborative research project to understand contemporary affairs in the context of financial markets, commerce, media, government, education and public institutions. Our work to date reveals that power is concentrated within a ruling clique (RC) whose wealth and power is derived from, and exercised through, four systemic flaws in the political economy. The RC are identifiable by the company they keep at meetings such as Bilderberg and Davos, where they ensure media, politics, military and intelligence agencies, banks, corporations, NGOs, thinktanks, lobby groups, public institutions and education serve their interests. Levers of power create competition, distraction and division to foment wars and geopolitical tensions, encouraging opposing ideologies – in politics, economics, religion and on the basis of race or between the employed and unemployed, immigrants versus indigenous populations. All the while, more and more people are being oppressed or displaced and the environment decimated, through exponential wealth extraction. Local, national and global challenges abound and need to be understood in the context of the political economy.

• Prompt start: 7pm
• Introduction (10 minutes)
• Breakout groups (10 minutes)
• Interpreting the three most cited challenges (75 minutes)
• An initiative to devolve power and remove the flaws in the political economy (25 minutes)
The Report will be circulated to attendees following the event.

Critical Thinking at the Free University:

This two hour interactive session will comprise a preliminary break-out session for people to work in groups of six to eight, to agree the single most important challenge facing us today. The output from each group will be noted (1 challenge per group) and counted where challenges are agreed by more than one group. We will then discuss how each challenge can be interpreted through a model, showing how
concentrated power is behind war, environmental devastation, oppression, division and wealth extraction. We will deal with three most cited challenges.  The results of the initial breakout groups will be published in a written report of each challenge in terms of the political economy (including those we don’t have time to discuss), together with the model, its derivation and an explanation of the four fundamental flaws.
The session will close with a presentation on an initiative to eradicate the flaws in the political economy, ie. to devolve power to the people and share the wealth of the planet sustainably and equitably.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.